Vietnam Enterprise Investments flags Vietnam inflation near policy ceiling as CPI hits 5.6% YoY in May

VNM•2026-07-21

Vietnam Enterprise Investments flagged narrowing policy buffers as May CPI rose 5.6% YoY, pushing the 5M26 average to 4.3%.
Trade balance swung to a USD 13.8 billion deficit in 5M26 as imports rose 30.8% YoY, outpacing 19.5% export growth.
Realised FDI reached USD 9.8 billion in 5M26, up 9.6% YoY, with over 80% directed to manufacturing.
VN-Index gained 1% MoM in May in USD terms, lifting YTD returns to 4.9%, despite foreign net outflows of about USD 744 million.
Outlook stayed investment-led, with upside increasingly tied to earnings delivery, export recovery, energy-cost stability, and FTSE implementation due in September.

Sources

Publicnow