{"id":24398,"date":"2026-04-28T15:19:26","date_gmt":"2026-04-28T08:19:26","guid":{"rendered":"https:\/\/b-company.jp\/?p=24398"},"modified":"2026-04-28T15:19:58","modified_gmt":"2026-04-28T08:19:58","slug":"vietnam-macroeconomic-report-2025-strategic-turning-points-amid-global-volatility","status":"publish","type":"post","link":"https:\/\/b-company.jp\/vi\/vietnam-macroeconomic-report-2025-strategic-turning-points-amid-global-volatility\/","title":{"rendered":"B\u00e1o c\u00e1o kinh t\u1ebf v\u0129 m\u00f4 Vi\u1ec7t Nam 2025: Nh\u1eefng b\u01b0\u1edbc ngo\u1eb7t chi\u1ebfn l\u01b0\u1ee3c trong b\u1ed1i c\u1ea3nh bi\u1ebfn \u0111\u1ed9ng to\u00e0n c\u1ea7u."},"content":{"rendered":"
<\/div>
<\/div><\/div><\/div>
<\/i><\/div>

C\u00f4ng ty nghi\u00ean c\u1ee9u th\u1ecb tr\u01b0\u1eddng c\u1ee7a Nh\u1eadt B\u1ea3n \u0111\u1ea7u ti\u00ean t\u1ea1i Vi\u1ec7t Nam t\u1eeb n\u0103m 2008. Ch\u00fang t\u00f4i cung c\u1ea5p \u0111a d\u1ea1ng nh\u1eefng d\u1ecbch v\u1ee5 bao g\u1ed3m nh\u01b0 b\u00e1o c\u00e1o ng\u00e0nh, kh\u1ea3o s\u00e1t ng\u01b0\u1eddi ti\u00eau d\u00f9ng, k\u1ebft n\u1ed1i kinh doanh.<\/em><\/p>\n

Trong chuy\u00ean m\u1ee5c \u201cB\u1ea3n tin Vi\u1ec7t Nam\u201d n\u00e0y, c\u00e1c nh\u00e0 nghi\u00ean c\u1ee9u tr\u1ebb c\u1ee7a B&Company s\u1ebd cung c\u1ea5p th\u00f4ng tin c\u1eadp nh\u1eadt v\u1ec1 xu h\u01b0\u1edbng c\u00e1c ng\u00e0nh c\u00f4ng nghi\u1ec7p, xu h\u01b0\u1edbng ti\u00eau d\u00f9ng v\u00e0 x\u00e3 h\u1ed9i Vi\u1ec7t Nam. Nh\u1eefng di\u1ec5n gi\u1ea3i v\u00e0 tri\u1ec3n v\u1ecdng trong t\u01b0\u01a1ng lai l\u00e0 \u00fd ki\u1ebfn c\u00e1 nh\u00e2n c\u1ee7a m\u1ed7i nh\u00e0 nghi\u00ean c\u1ee9u.<\/em><\/p>\n

B\u00e0i vi\u1ebft n\u00e0y \u0111\u01b0\u1ee3c vi\u1ebft b\u1eb1ng ti\u1ebfng Anh v\u00e0 b\u1ea3n d\u1ecbch t\u1ef1 \u0111\u1ed9ng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng cho c\u00e1c phi\u00ean b\u1ea3n ng\u00f4n ng\u1eef kh\u00e1c. Vui l\u00f2ng tham kh\u1ea3o phi\u00ean b\u1ea3n ti\u1ebfng Anh \u0111\u1ec3 bi\u1ebft n\u1ed9i dung ch\u00ednh x\u00e1c. <\/em><\/p>\n<\/div>\n\t

\n\t\t
\n\t\t\t\n\t\t<\/div>\n\t<\/div>\n

N\u0103m 2025, Vi\u1ec7t Nam \u0111\u1ea1t m\u1ed9t c\u1ed9t m\u1ed1c quan tr\u1ecdng khi l\u00e0 n\u0103m cu\u1ed1i c\u00f9ng c\u1ee7a K\u1ebf ho\u1ea1ch Ph\u00e1t tri\u1ec3n Kinh t\u1ebf - X\u00e3 h\u1ed9i 2021-2025, \u0111\u1ea1t \u0111\u01b0\u1ee3c t\u0103ng tr\u01b0\u1edfng m\u1ea1nh m\u1ebd b\u1ea5t ch\u1ea5p bi\u1ebfn \u0111\u1ed9ng to\u00e0n c\u1ea7u. T\u0103ng tr\u01b0\u1edfng GDP m\u1ea1nh m\u1ebd, t\u1ed5ng kim ng\u1ea1ch th\u01b0\u01a1ng m\u1ea1i \u0111\u1ea1t m\u1ee9c k\u1ef7 l\u1ee5c 930 t\u1ef7 USD, v\u00e0 \u0111\u1ea5t n\u01b0\u1edbc ch\u00ednh th\u1ee9c b\u1eaft \u0111\u1ea7u qu\u00e1 tr\u00ecnh n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n. N\u0103m then ch\u1ed1t n\u00e0y \u0111\u00e3 \u0111\u1eb7t n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc cho t\u0103ng tr\u01b0\u1edfng hai ch\u1eef s\u1ed1 b\u1ec1n v\u1eefng trong giai \u0111o\u1ea1n 2021-2030.[1]<\/a>1<\/sup><\/p>\n

T\u0103ng tr\u01b0\u1edfng t\u1ed5ng s\u1ea3n ph\u1ea9m qu\u1ed1c n\u1ed9i (GDP): ph\u1ee5c h\u1ed3i m\u1ea1nh m\u1ebd v\u00e0 b\u1ec1n v\u1eefng<\/strong><\/h3>\n

GDP qu\u00fd 4 n\u0103m 2025 \u01b0\u1edbc t\u00ednh t\u0103ng tr\u01b0\u1edfng 8,46% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m tr\u01b0\u1edbc, m\u1ee9c t\u0103ng tr\u01b0\u1edfng qu\u00fd 4 cao nh\u1ea5t trong giai \u0111o\u1ea1n 2011-2025. T\u0103ng tr\u01b0\u1edfng c\u1ea3 n\u0103m \u0111\u1ea1t kho\u1ea3ng 8,0%, v\u01b0\u1ee3t m\u1ee5c ti\u00eau c\u1ee7a Qu\u1ed1c h\u1ed9i v\u00e0 c\u1ee7ng c\u1ed1 v\u1ecb th\u1ebf c\u1ee7a \u0111\u1ea5t n\u01b0\u1edbc trong s\u1ed1 c\u00e1c n\u1ec1n kinh t\u1ebf t\u0103ng tr\u01b0\u1edfng nhanh nh\u1ea5t \u0110\u00f4ng Nam \u00c1.[2]<\/a><\/p>\n

Xu h\u01b0\u1edbng t\u0103ng tr\u01b0\u1edfng GDP h\u00e0ng qu\u00fd n\u0103m 2025<\/strong><\/p>\n\n\n\n\n\n\n\n
Ch\u1ec9 s\u1ed1<\/strong><\/td>\nC\u00e2u 1<\/strong><\/td>\nC\u00e2u 2<\/strong><\/td>\nC\u00e2u 3<\/strong><\/td>\nQu\u00fd 4<\/strong><\/td>\nN\u0103m t\u00e0i ch\u00ednh 2025<\/strong><\/td>\n<\/tr>\n
T\u0103ng tr\u01b0\u1edfng GDP (%)<\/td>\n6.93<\/td>\n7.96<\/td>\n8.23<\/td>\n8.46<\/td>\n8.02<\/td>\n<\/tr>\n
N\u00f4ng nghi\u1ec7p, l\u00e2m nghi\u1ec7p v\u00e0 th\u1ee7y s\u1ea3n (%)<\/td>\n3.74<\/td>\n3.89<\/td>\n3.74<\/td>\n3.70<\/td>\n3.78<\/td>\n<\/tr>\n
C\u00f4ng nghi\u1ec7p v\u00e0 x\u00e2y d\u1ef1ng (%)<\/td>\n7.42<\/td>\n8.97<\/td>\n9.46<\/td>\n9.73<\/td>\n8.95<\/td>\n<\/tr>\n
D\u1ecbch v\u1ee5 (%)<\/td>\n7.70<\/td>\n8.46<\/td>\n8.56<\/td>\n8.82<\/td>\n8.62<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Ngu\u1ed3n: V\u0103n ph\u00f2ng Th\u1ed1ng k\u00ea Qu\u1ed1c gia (NSO)<\/p>\n

Ng\u00e0nh c\u00f4ng nghi\u1ec7p v\u00e0 x\u00e2y d\u1ef1ng: \u0110\u1ed9ng l\u1ef1c ch\u00ednh th\u00fac \u0111\u1ea9y t\u0103ng tr\u01b0\u1edfng<\/strong><\/h4>\n

N\u0103m 2025, ng\u00e0nh c\u00f4ng nghi\u1ec7p v\u00e0 x\u00e2y d\u1ef1ng v\u1eabn l\u00e0 \u0111\u1ed9ng l\u1ef1c ch\u00ednh th\u00fac \u0111\u1ea9y GDP. Ng\u00e0nh s\u1ea3n xu\u1ea5t, \u0111\u1eb7c bi\u1ec7t l\u00e0 \u0111i\u1ec7n t\u1eed, m\u00e1y t\u00ednh v\u00e0 s\u1ea3n ph\u1ea9m quang h\u1ecdc, duy tr\u00ec t\u1ed1c \u0111\u1ed9 t\u0103ng tr\u01b0\u1edfng m\u1ea1nh m\u1ebd.[3]<\/a> Vi\u1ec7c m\u1edf r\u1ed9ng n\u00e0y \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea9y nhanh s\u1ea3n xu\u1ea5t v\u00e0 xu\u1ea5t kh\u1ea9u, gi\u1ea3m thi\u1ec3u r\u1ee7i ro thu\u1ebf quan v\u00e0 gi\u00e1n \u0111o\u1ea1n chu\u1ed7i cung \u1ee9ng to\u00e0n c\u1ea7u.[4]<\/a><\/p>\n

C\u01a1 c\u1ea5u gi\u00e1 tr\u1ecb gia t\u0103ng c\u1ee7a ng\u00e0nh c\u00f4ng nghi\u1ec7p v\u00e0 x\u00e2y d\u1ef1ng n\u0103m 2025<\/strong><\/p>\n\n\n\n\n\n\n\n
C\u00e1c danh m\u1ee5c ng\u00e0nh c\u00f4ng nghi\u1ec7p ch\u00ednh<\/strong><\/td>\nC\u00e2u 1<\/strong><\/td>\nH1<\/strong><\/td>\n9 th\u00e1ng<\/strong><\/td>\nN\u0103m t\u00e0i ch\u00ednh 2025<\/strong><\/td>\n<\/tr>\n
T\u1ed5ng ng\u00e0nh (%)<\/td>\n7.32<\/td>\n8.07<\/td>\n8.55<\/td>\n8.80<\/td>\n<\/tr>\n
S\u1ea3n xu\u1ea5t & Ch\u1ebf bi\u1ebfn (%)<\/td>\n9.28<\/td>\n10.11<\/td>\n9.92<\/td>\n9.97<\/td>\n<\/tr>\n
S\u1ea3n xu\u1ea5t v\u00e0 ph\u00e2n ph\u1ed1i \u0111i\u1ec7n (%)<\/td>\n4.60<\/td>\n4.20<\/td>\nKh\u00f4ng c\u1ee5 th\u1ec3<\/td>\n6.39<\/td>\n<\/tr>\n
X\u00e2y d\u1ef1ng (%)<\/td>\n7.99<\/td>\n9.62<\/td>\n9.33<\/td>\n9.62<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Ngu\u1ed3n: NSO<\/p>\n

Ng\u00e0nh x\u00e2y d\u1ef1ng \u0111\u00e3 t\u0103ng tr\u01b0\u1edfng k\u1ef7 l\u1ee5c 9,62% trong qu\u00fd 4 n\u0103m 2025, \u0111\u00f3ng g\u00f3p 8,47% v\u00e0o t\u1ed5ng gi\u00e1 tr\u1ecb gia t\u0103ng kinh t\u1ebf.2[5]<\/a><\/sup> S\u1ef1 t\u0103ng tr\u01b0\u1edfng ch\u1ee7 y\u1ebfu \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi c\u00e1c d\u1ef1 \u00e1n c\u01a1 s\u1edf h\u1ea1 t\u1ea7ng chi\u1ebfn l\u01b0\u1ee3c qu\u1ed1c gia \u0111\u01b0\u1ee3c \u0111\u1ea9y nhanh ti\u1ebfn \u0111\u1ed9. Vi\u1ec7c ho\u00e0n th\u00e0nh 3.803 km \u0111\u01b0\u1eddng cao t\u1ed1c v\u00e0 c\u00e1c tuy\u1ebfn \u0111\u01b0\u1eddng ven bi\u1ec3n tr\u1ecdng \u0111i\u1ec3m v\u00e0o cu\u1ed1i n\u0103m 2025 s\u1ebd t\u1ea1o ra nhu c\u1ea7u x\u00e2y d\u1ef1ng \u0111\u00e1ng k\u1ec3, \u0111\u1ed3ng th\u1eddi t\u1ea1o \u0111i\u1ec1u ki\u1ec7n cho s\u1ef1 ph\u00e1t tri\u1ec3n c\u00f4ng nghi\u1ec7p v\u00e0 \u0111\u00f4 th\u1ecb m\u1edbi d\u1ecdc theo c\u00e1c h\u00e0nh lang kinh t\u1ebf.[6]<\/a><\/p>\n

Ng\u00e0nh d\u1ecbch v\u1ee5: T\u0103ng tr\u01b0\u1edfng m\u1ea1nh m\u1ebd v\u00e0 \u0111a d\u1ea1ng h\u00f3a<\/strong><\/h4>\n

N\u0103m 2025, l\u0129nh v\u1ef1c d\u1ecbch v\u1ee5 t\u0103ng tr\u01b0\u1edfng 8,62%, \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi s\u1ef1 ph\u1ee5c h\u1ed3i r\u1ed9ng kh\u1eafp c\u1ee7a c\u00e1c ng\u00e0nh c\u00f4ng nghi\u1ec7p truy\u1ec1n th\u1ed1ng v\u00e0 s\u1ef1 m\u1edf r\u1ed9ng m\u1ea1nh m\u1ebd c\u1ee7a c\u00e1c d\u1ecbch v\u1ee5 li\u00ean quan \u0111\u1ebfn k\u1ef9 thu\u1eadt s\u1ed1. Th\u01b0\u01a1ng m\u1ea1i v\u00e0 du l\u1ecbch d\u1eabn \u0111\u1ea7u s\u1ef1 t\u0103ng tr\u01b0\u1edfng, v\u1edbi l\u01b0\u1ee3ng kh\u00e1ch qu\u1ed1c t\u1ebf \u0111\u1ea1t m\u1ee9c cao k\u1ef7 l\u1ee5c, v\u01b0\u1ee3t qua m\u1ee9c tr\u01b0\u1edbc \u0111\u1ea1i d\u1ecbch, \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi c\u00e1c ch\u00ednh s\u00e1ch th\u1ecb th\u1ef1c linh ho\u1ea1t, ho\u1ea1t \u0111\u1ed9ng x\u00fac ti\u1ebfn du l\u1ecbch v\u00e0 s\u1ef1 \u1ed5n \u0111\u1ecbnh ch\u00ednh tr\u1ecb - x\u00e3 h\u1ed9i. C\u00e1c d\u1ecbch v\u1ee5 gi\u00e1 tr\u1ecb gia t\u0103ng cao c\u0169ng \u0111\u00f3ng g\u00f3p v\u00e0o s\u1ef1 t\u0103ng tr\u01b0\u1edfng, v\u1edbi b\u00e1n bu\u00f4n v\u00e0 b\u00e1n l\u1ebb t\u0103ng 8,28%, v\u1eadn t\u1ea3i v\u00e0 kho b\u00e3i t\u0103ng 10,68% do nhu c\u1ea7u logistics m\u1ea1nh m\u1ebd, v\u00e0 t\u00e0i ch\u00ednh, ng\u00e2n h\u00e0ng v\u00e0 b\u1ea3o hi\u1ec3m t\u0103ng 7,06%, ph\u1ea3n \u00e1nh s\u1ef1 ph\u1ee5c h\u1ed3i c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u1ed1n v\u00e0 nhu c\u1ea7u t\u00edn d\u1ee5ng kinh doanh t\u0103ng cao.[7]<\/a><\/p>\n

S\u1ef1 ph\u00e1t tri\u1ec3n nhanh ch\u00f3ng c\u1ee7a n\u1ec1n kinh t\u1ebf s\u1ed1 v\u00e0 th\u01b0\u01a1ng m\u1ea1i \u0111i\u1ec7n t\u1eed \u0111\u00e3 mang \u0111\u1ebfn nh\u1eefng d\u1ecbch v\u1ee5 m\u1edbi, t\u1eeb thanh to\u00e1n kh\u00f4ng d\u00f9ng ti\u1ec1n m\u1eb7t \u0111\u1ebfn giao h\u00e0ng ch\u1eb7ng cu\u1ed1i. Qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i s\u1ed1 to\u00e0n di\u1ec7n tr\u00ean to\u00e0n qu\u1ed1c \u0111\u00e3 gi\u1ea3m chi ph\u00ed giao d\u1ecbch, c\u1ea3i thi\u1ec7n tr\u1ea3i nghi\u1ec7m ng\u01b0\u1eddi d\u00f9ng v\u00e0 h\u1ed7 tr\u1ee3 ti\u00eau d\u00f9ng n\u1ed9i \u0111\u1ecba \u1ed5n \u0111\u1ecbnh b\u1ea5t ch\u1ea5p \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t.<\/p>\n

Th\u01b0\u01a1ng m\u1ea1i qu\u1ed1c t\u1ebf: K\u1ef7 l\u1ee5c 930 t\u1ef7 USD v\u00e0 c\u00e1c cu\u1ed9c \u0111\u00e0m ph\u00e1n thu\u1ebf quan l\u1ecbch s\u1eed v\u1edbi Hoa K\u1ef3.<\/strong><\/h4>\n

T\u1ed5ng kim ng\u1ea1ch th\u01b0\u01a1ng m\u1ea1i \u0111\u1ea1t 930,06 t\u1ef7 USD (+18,2%), \u0111\u01b0a Vi\u1ec7t Nam v\u00e0o top 25 n\u1ec1n kinh t\u1ebf th\u01b0\u01a1ng m\u1ea1i h\u00e0ng \u0111\u1ea7u th\u1ebf gi\u1edbi.[8]<\/a><\/p>\n

C\u01a1 c\u1ea5u th\u01b0\u01a1ng m\u1ea1i (2025)<\/strong><\/p>\n\n\n\n\n\n\n\n
Ch\u1ec9 s\u1ed1<\/strong><\/td>\nGi\u00e1 tr\u1ecb (t\u1ef7 USD)<\/strong><\/td>\nT\u0103ng tr\u01b0\u1edfng (%)<\/strong><\/td>\n<\/tr>\n
T\u1ed5ng th\u01b0\u01a1ng m\u1ea1i<\/td>\n930.07<\/td>\n18.20<\/td>\n<\/tr>\n
Xu\u1ea5t kh\u1ea9u<\/td>\n475.06<\/td>\n17.00<\/td>\n<\/tr>\n
H\u00e0ng nh\u1eadp kh\u1ea9u<\/td>\n455.01<\/td>\n19.40<\/td>\n<\/tr>\n
C\u00e1n c\u00e2n th\u01b0\u01a1ng m\u1ea1i<\/td>\n20.05<\/td>\n–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Ngu\u1ed3n: H\u1ea3i quan Vi\u1ec7t Nam<\/p>\n

Hoa K\u1ef3 v\u1eabn l\u00e0 th\u1ecb tr\u01b0\u1eddng xu\u1ea5t kh\u1ea9u l\u1edbn nh\u1ea5t c\u1ee7a Vi\u1ec7t Nam, trong khi Trung Qu\u1ed1c l\u00e0 ngu\u1ed3n nh\u1eadp kh\u1ea9u l\u1edbn nh\u1ea5t.[9]<\/a> Tuy nhi\u00ean, v\u00e0o th\u00e1ng 4 n\u0103m 2025, M\u1ef9 \u0111\u00e3 \u00e1p thu\u1ebf tr\u1ea3 \u0111\u0169a l\u00ean t\u1edbi 46% \u0111\u1ed1i v\u1edbi h\u00e0ng h\u00f3a Vi\u1ec7t Nam.[10]<\/a>\u00a0 \u0110\u00e1p l\u1ea1i, Vi\u1ec7t Nam \u0111\u00e3 tham gia v\u00e0o c\u00e1c cu\u1ed9c \u0111\u00e0m ph\u00e1n c\u1ea5p cao. \u0110\u1ebfn th\u00e1ng 10 n\u0103m 2025, c\u1ea3 hai n\u01b0\u1edbc \u0111\u00e3 ban h\u00e0nh Tuy\u00ean b\u1ed1 chung v\u1ec1 khu\u00f4n kh\u1ed5 Hi\u1ec7p \u0111\u1ecbnh th\u01b0\u01a1ng m\u1ea1i song ph\u01b0\u01a1ng c\u00f4ng b\u1eb1ng v\u00e0 c\u00e2n b\u1eb1ng. Hoa K\u1ef3 \u0111\u1ed3ng \u00fd duy tr\u00ec m\u1ee9c thu\u1ebf 20% \u0111\u1ed1i v\u1edbi h\u1ea7u h\u1ebft c\u00e1c m\u1eb7t h\u00e0ng, \u0111\u1ed3ng th\u1eddi \u00e1p d\u1ee5ng m\u1ee9c thu\u1ebf 0% cho m\u1ed9t s\u1ed1 s\u1ea3n ph\u1ea9m chi\u1ebfn l\u01b0\u1ee3c nh\u01b0 n\u00f4ng s\u1ea3n, ch\u1ea5t b\u00e1n d\u1eabn v\u00e0 kho\u00e1ng s\u1ea3n thi\u1ebft y\u1ebfu.[11]<\/a> S\u1ef1 th\u1ecfa hi\u1ec7p n\u00e0y \u0111\u00e3 gi\u00fap duy tr\u00ec t\u0103ng tr\u01b0\u1edfng xu\u1ea5t kh\u1ea9u \u0111\u1ed3ng th\u1eddi n\u00e2ng cao quan h\u1ec7 song ph\u01b0\u01a1ng v\u00e0 h\u1ed7 tr\u1ee3 t\u00e1i c\u1ea5u tr\u00fac th\u1ecb tr\u01b0\u1eddng b\u1ec1n v\u1eefng h\u01a1n.<\/p>\n

\u0110\u1ea7u t\u01b0 tr\u1ef1c ti\u1ebfp n\u01b0\u1edbc ngo\u00e0i (FDI): Ch\u1ea5t l\u01b0\u1ee3ng h\u01a1n s\u1ed1 l\u01b0\u1ee3ng<\/strong><\/h4>\n

D\u00f2ng v\u1ed1n FDI v\u1eabn l\u00e0 \u0111i\u1ec3m s\u00e1ng trong n\u0103m 2025. T\u1ed5ng v\u1ed1n \u0111\u0103ng k\u00fd \u0111\u1ea1t h\u01a1n 38,4 t\u1ef7 USD (+0,5%), trong khi v\u1ed1n gi\u1ea3i ng\u00e2n \u0111\u1ea1t m\u1ee9c k\u1ef7 l\u1ee5c 27,62 t\u1ef7 USD (+9%), cao nh\u1ea5t trong 5 n\u0103m, ph\u1ea3n \u00e1nh ni\u1ec1m tin m\u1ea1nh m\u1ebd c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0.[12]<\/a><\/p>\n

5 \u0111\u1ed1i t\u00e1c FDI h\u00e0ng \u0111\u1ea7u n\u0103m 2025<\/strong><\/p>\n\n\n\n\n\n\n\n\n
C\u1ed9ng s\u1ef1<\/strong><\/td>\nV\u1ed1n \u0111i\u1ec1u l\u1ec7 (t\u1ef7 USD)<\/strong><\/td>\nT\u0103ng tr\u01b0\u1edfng so v\u1edbi n\u0103m 2024 (%)<\/strong><\/td>\n<\/tr>\n
Singapore<\/td>\n9.40<\/td>\n-8.00<\/td>\n<\/tr>\n
Trung Qu\u1ed1c<\/td>\n5.70<\/td>\n+20.40<\/td>\n<\/tr>\n
H\u00e0n Qu\u1ed1c<\/td>\n5.29<\/td>\n-25.00<\/td>\n<\/tr>\n
Nh\u1eadt B\u1ea3n<\/td>\n3.73<\/td>\n+6.60<\/td>\n<\/tr>\n
H\u1ed3ng K\u00f4ng<\/td>\n3.13<\/td>\n-28.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Ngu\u1ed3n: C\u01a1 quan \u0110\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i<\/p>\n

Th\u00e0nh ph\u1ed1 H\u1ed3 Ch\u00ed Minh d\u1eabn \u0111\u1ea7u v\u1edbi v\u1ed1n \u0111i\u1ec1u l\u1ec7 h\u01a1n 7 t\u1ef7 USD (chi\u1ebfm 18,4% t\u1ed5ng v\u1ed1n \u0111i\u1ec1u l\u1ec7 c\u1ea3 n\u01b0\u1edbc, t\u0103ng 5,8% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m ngo\u00e1i), ti\u1ebfp theo l\u00e0 B\u1eafc Ninh v\u1edbi g\u1ea7n 5,7 t\u1ef7 USD (14,8%) v\u00e0 H\u00e0 N\u1ed9i v\u1edbi h\u01a1n 4,4 t\u1ef7 USD (11,5%). \u0110\u1ed3ng Nai, T\u00e2y Ninh v\u00e0 H\u1ea3i Ph\u00f2ng x\u1ebfp h\u1ea1ng ti\u1ebfp theo.[13]<\/a><\/p>\n

\u0110\u1ea7u t\u01b0 c\u00f4ng: T\u0103ng tr\u01b0\u1edfng \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi c\u1ea3i c\u00e1ch th\u1ec3 ch\u1ebf<\/strong><\/h4>\n

Gi\u1ea3i ng\u00e2n v\u1ed1n \u0111\u1ea7u t\u01b0 c\u00f4ng \u0111\u1ea1t 755,1 ngh\u00ecn t\u1ef7 \u0111\u1ed3ng v\u00e0o cu\u1ed1i n\u0103m 2025 (trong \u0111\u00f3 83,7% theo k\u1ebf ho\u1ea1ch). M\u1eb7c d\u00f9 t\u00ednh theo t\u1ef7 l\u1ec7 ph\u1ea7n tr\u0103m th\u1ea5p h\u01a1n 100%, nh\u01b0ng m\u1ee9c t\u0103ng tuy\u1ec7t \u0111\u1ed1i h\u01a1n 206,5 ngh\u00ecn t\u1ef7 \u0111\u1ed3ng so v\u1edbi n\u0103m 2024 ph\u1ea3n \u00e1nh s\u1ef1 m\u1edf r\u1ed9ng \u0111\u00e1ng k\u1ec3 v\u1ec1 quy m\u00f4, h\u1ed7 tr\u1ee3 \u0111\u00e0 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf.[14]<\/a><\/p>\n

Ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7: C\u00e2n b\u1eb1ng \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t v\u00e0 t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i<\/strong><\/h4>\n

L\u00e3i su\u1ea5t v\u00e0 t\u00ednh thanh kho\u1ea3n<\/em><\/p>\n

L\u00e3i su\u1ea5t ti\u1ec1n g\u1eedi t\u0103ng nh\u1eb9 do ch\u00eanh l\u1ec7ch gi\u1eefa t\u0103ng tr\u01b0\u1edfng t\u00edn d\u1ee5ng (19%) v\u00e0 t\u0103ng tr\u01b0\u1edfng ti\u1ec1n g\u1eedi (15,4%). Thanh kho\u1ea3n b\u00ean ngo\u00e0i h\u1ea1n ch\u1ebf khi\u1ebfn ngu\u1ed3n v\u1ed1n ng\u00e2n s\u00e1ch nh\u00e0 n\u01b0\u1edbc tr\u1edf th\u00e0nh ngu\u1ed3n h\u1ed7 tr\u1ee3 quan tr\u1ecdng cho h\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng.[15]<\/a><\/p>\n

Th\u00e1ng 12 n\u0103m 2025, Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc Vi\u1ec7t Nam \u0111\u00e3 n\u00e2ng l\u00e3i su\u1ea5t OMO l\u00ean 4,5% \u2013 l\u1ea7n t\u0103ng \u0111\u1ea7u ti\u00ean sau h\u01a1n 14 th\u00e1ng \u2013 b\u00e1o hi\u1ec7u l\u1eadp tr\u01b0\u1eddng ch\u00ednh s\u00e1ch th\u1eadn tr\u1ecdng h\u01a1n.[16]<\/a><\/p>\n

\u00c1p l\u1ef1c t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i v\u00e0 s\u1ef1 can thi\u1ec7p<\/em><\/p>\n

T\u1ef7 gi\u00e1 USD\/VND ch\u1ecbu \u00e1p l\u1ef1c t\u1eeb \u0111\u1ed3ng USD m\u1ea1nh v\u00e0 ch\u00eanh l\u1ec7ch l\u00e3i su\u1ea5t. Ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng \u0111\u00e3 s\u1eed d\u1ee5ng c\u00e1c c\u00f4ng c\u1ee5 nh\u01b0 ho\u00e1n \u0111\u1ed5i ngo\u1ea1i h\u1ed1i v\u00e0 can thi\u1ec7p \u0111\u1ec3 \u1ed5n \u0111\u1ecbnh th\u1ecb tr\u01b0\u1eddng. M\u1eb7c d\u00f9 c\u00f3 m\u1ed9t s\u1ed1 bi\u1ebfn \u0111\u1ed9ng, VND v\u1eabn t\u01b0\u01a1ng \u0111\u1ed1i \u1ed5n \u0111\u1ecbnh, h\u1ed7 tr\u1ee3 kh\u1ea3 n\u0103ng c\u1ea1nh tranh xu\u1ea5t kh\u1ea9u v\u00e0 ni\u1ec1m tin c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0.[17]<\/a><\/p>\n

Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh v\u00e0 ch\u1ee9ng kho\u00e1n: Con \u0111\u01b0\u1eddng n\u00e2ng c\u1ea5p l\u1ecbch s\u1eed<\/strong><\/h4>\n

Th\u00e1ng 10 n\u0103m 2025, FTSE Russell x\u00e1c nh\u1eadn vi\u1ec7c n\u00e2ng h\u1ea1ng t\u00edn nhi\u1ec7m c\u1ee7a Vi\u1ec7t Nam t\u1eeb \u201cTh\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i\u201d l\u00ean \u201cTh\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i c\u1ea5p hai\u201d. C\u1ed9t m\u1ed1c n\u00e0y ph\u1ea3n \u00e1nh nh\u1eefng c\u1ea3i c\u00e1ch th\u1ec3 ch\u1ebf b\u1ec1n v\u1eefng, bao g\u1ed3m vi\u1ec7c b\u00e3i b\u1ecf y\u00eau c\u1ea7u v\u1ec1 v\u1ed1n \u0111\u1ea7u t\u01b0 tr\u01b0\u1edbc \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i.[18]<\/a><\/p>\n

L\u1ea1m ph\u00e1t v\u00e0 gi\u00e1 c\u1ea3: \u0110\u01b0\u1ee3c ki\u1ec3m so\u00e1t d\u01b0\u1edbi m\u1ee9c m\u1ee5c ti\u00eau<\/strong><\/h4>\n

Ch\u1ec9 s\u1ed1 CPI b\u00ecnh qu\u00e2n t\u0103ng 3,31% trong n\u0103m 2025, th\u1ea5p h\u01a1n m\u1ee5c ti\u00eau 4,5% c\u1ee7a Qu\u1ed1c h\u1ed9i. L\u1ea1m ph\u00e1t l\u00f5i duy tr\u00ec \u1edf m\u1ee9c 3,21%, ph\u1ea3n \u00e1nh s\u1ef1 ph\u1ed1i h\u1ee3p hi\u1ec7u qu\u1ea3 gi\u1eefa ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 v\u00e0 ch\u00ednh s\u00e1ch t\u00e0i kh\u00f3a.[19]<\/a><\/p>\n

T\u00e0i ch\u00ednh c\u00f4ng v\u00e0 ng\u00e2n s\u00e1ch<\/strong><\/h4>\n

Thu ng\u00e2n s\u00e1ch nh\u00e0 n\u01b0\u1edbc v\u01b0\u1ee3t qu\u00e1 2,65 tri\u1ec7u t\u1ef7 \u0111\u1ed3ng, cao h\u01a1n d\u1ef1 ki\u1ebfn 34,7% v\u00e0 t\u0103ng g\u1ea7n 30% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m ngo\u00e1i. \u0110i\u1ec1u n\u00e0y ph\u1ea3n \u00e1nh s\u1ef1 ph\u1ee5c h\u1ed3i kinh t\u1ebf m\u1ea1nh m\u1ebd v\u00e0 qu\u1ea3n l\u00fd t\u00e0i ch\u00ednh hi\u1ec7u qu\u1ea3.<\/p>\n

C\u00e1c bi\u1ec7n ph\u00e1p gi\u1ea3m thu\u1ebf v\u00e0 ph\u00ed v\u1edbi t\u1ed5ng tr\u1ecb gi\u00e1 kho\u1ea3ng 251 ngh\u00ecn t\u1ef7 \u0111\u1ed3ng \u0111\u00e3 \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n \u0111\u1ec3 h\u1ed7 tr\u1ee3 doanh nghi\u1ec7p. Th\u1eb7ng d\u01b0 ng\u00e2n s\u00e1ch \u0111\u1ea1t kho\u1ea3ng 1,9% GDP, gi\u00fap gi\u1ea3m \u00e1p l\u1ef1c n\u1ee3 c\u00f4ng v\u00e0 t\u1ea1o d\u01b0 \u0111\u1ecba cho c\u00e1c g\u00f3i k\u00edch th\u00edch kinh t\u1ebf trong t\u01b0\u01a1ng lai. N\u1ee3 c\u00f4ng v\u1eabn n\u1eb1m trong gi\u1edbi h\u1ea1n an to\u00e0n.[20]<\/a><\/p>\n

K\u1ebft lu\u1eadn<\/strong><\/h3>\n

N\u0103m 2025, Vi\u1ec7t Nam \u0111\u00e3 th\u00e0nh c\u00f4ng \u0111\u1ea1t \u0111\u01b0\u1ee3c c\u00e1c m\u1ee5c ti\u00eau chi\u1ebfn l\u01b0\u1ee3c, th\u1ec3 hi\u1ec7n kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i v\u00e0 th\u00edch \u1ee9ng. Vi\u1ec7c gi\u1ea3i quy\u1ebft th\u00e0nh c\u00f4ng c\u00e1c th\u00e1ch th\u1ee9c v\u1ec1 thu\u1ebf quan c\u1ee7a M\u1ef9 th\u00f4ng qua hi\u1ec7p \u0111\u1ecbnh th\u01b0\u01a1ng m\u1ea1i song ph\u01b0\u01a1ng cho th\u1ea5y chi\u1ebfn l\u01b0\u1ee3c \u0111\u00e0m ph\u00e1n hi\u1ec7u qu\u1ea3 v\u00e0 c\u00e1ch ti\u1ebfp c\u1eadn \u0111a d\u1ea1ng h\u00f3a kinh t\u1ebf c\u1ee7a \u0111\u1ea5t n\u01b0\u1edbc.<\/p>\n

\u0110\u1ecdc th\u00eam<\/strong><\/h3>\n

T\u00f3m t\u1eaft t\u00ecnh h\u00ecnh FDI t\u1ea1i Vi\u1ec7t Nam n\u0103m 2025 v\u00e0 tri\u1ec3n v\u1ecdng \u0111\u1ebfn n\u0103m 2026.<\/a><\/p><\/blockquote>\n