Brian Jeffrey
The General Statistics Office’s report for January 2025 reveals that Vietnam saw the formation of approximately 10,700 new enterprises, reflecting a 6.6% uptick from December but a significant 30.3% decrease compared to the same month last year.
Additionally, around 22,800 businesses resumed operations, which is 2.6 times the figure from December 2024 and up by 65.2% from January 2024. This results in a combined total of over 33,400 new and returning businesses in January 2025, marking a 15% rise year-on-year.
The industrial production index (IIP) for January 2025 is projected to have fallen by 9.2% from the previous month, while registering a slight 0.6% increase year-on-year. The manufacturing and processing sectors grew by 1.6%, electricity generation saw a 0.4% rise, and water supply and waste management increased by 9.2%, but the mining sector experienced a decline of 10.4%.
Public investment utilization from the state budget was around $1.39 billion, achieving 4.1% of the annual target and an increase of 9.6% from the previous year.
As of January 31, the overall foreign direct investment (FDI) in Vietnam—covering new registrations, adjusted investments, and share purchases—totaled $4.33 billion, reflecting a year-on-year increase of 48.6%.
The FDI realized in January 2025 was estimated at $1.51 billion, which is a 2.0% rise compared to the same month last year.
Vietnam also advanced in outbound investments, with 10 new overseas investment projects obtaining certificates in January, totaling $83.0 million, which is a 5.1-fold increase from the previous year.
The estimated state budget revenue for January 2025 amounted to $10.85 billion, constituting 14.0% of the annual goal and rising by 3.5% year-on-year.
Retail sales and services reached around $22.56 billion, an increase of 2.7% from the prior month and 9.5% year-on-year. When adjusted for inflation, retail sales saw a 6.6% rise compared to last year.
Vietnam’s total trade value hit $63.15 billion, reflecting a 10.5% drop from the previous month and a 3.5% decrease from January 2024.
The tourism sector flourished, attracting nearly 2.1 million international visitors in January 2025, an increase of 18.5% from the previous month and 36.9% from the same period last year, bolstered by favorable visa policies, promotional campaigns, and international recognition.
The Consumer Price Index (CPI) rose by 0.98% from December 2024 and 3.63% year-on-year, while core inflation climbed by 3.07%.
Gold prices increased by 1.03% from the previous month and surged by 29.13% compared to January last year.
The USD exchange rate index slightly increased by 0.21% from December and saw a 3.98% year-on-year rise.
