The State Bank of Vietnam published a government briefing on Vietnam’s first-quarter 2025 socio-economic performance and the Prime Minister’s policy directions, including an instruction for the central bank to operate monetary policy proactively, flexibly and effectively in close coordination with fiscal policy. The Prime Minister also tasked the State Bank of Vietnam with developing credit packages to support transport infrastructure, key industries and measures to help secure outlets for farmers. The briefing reported first-quarter GDP growth of 6.93%, the highest since 2020, alongside average CPI inflation of 3.22% year on year. It also highlighted a trade surplus of USD 3.16 billion for the quarter, total social investment growth of 8.3% year on year, and stronger foreign direct investment inflows, with registered FDI up 34.7% and disbursed FDI up 7.2%.
State Bank of Vietnam 2025-04-07
State Bank of Vietnam directed to run flexible monetary policy and prepare targeted credit packages under the government’s 2025 growth plan
The State Bank of Vietnam released a briefing on Q1 2025 socio-economic performance, noting 6.93% GDP growth and 3.22% CPI inflation. The Prime Minister directed the central bank to coordinate monetary and fiscal policies and develop credit packages for infrastructure and key industries. The report also highlighted a USD 3.16 billion trade surplus and significant increases in foreign direct investment.