Hybrid Event on Vietnam’s Economic Outlook 2025 by Dezan Shira & Associates, Techcombank & The Executive Centre

Vietnam closed 2024 with strong FDI inflows, driven by its resilient economy, strategic trade agreements, and continued investment in infrastructure. These factors set the stage for an optimistic 2025, as foreign investors seek to capitalize on the country’s dynamic growth.

Hosted by Dezan Shira & Associates Vietnam and Techcombank—one of Vietnam’s largest joint-stock banks—this hybrid event brought together 50 attendees on February 26 at The Nexus Tower location of The Executive Centre. Participants gained valuable insights into Vietnam’s FDI landscape, economic outlook, and key regulatory changes for 2025.

Speakers included:

• Ms. Thanh Luong, Country Head, The Executive Centre Vietnam
• Ms. Patricia Aranguren Moliner, Assistant Manager & International Business Advisor, Dezan Shira & Associates
• Mr. Dang Ngoc Canh, Senior Director of Macro & Financial Market Analysis, Techcombank
• Mr. Duy Pham, Sector Head, Real Estate, Construction & Building Materials, Techcombank

The discussion covered Vietnam’s FDI landscape, key trends, and sectoral opportunities in 2025. It also provided updates on compliance and regulatory changes in tax and labor laws, presented by Patricia Aranguren Moliner of Dezan Shira & Associates.

Vietnam introduced significant regulatory and structural reforms aimed at enhancing its investment climate. Key tax updates include a new VAT Law designed to improve compliance and transparency, as well as amendments to the Law on Tax Administration to align with international standards. Labor law reforms include an amended Trade Union Law, effective July 1, 2025, modernizing Vietnam’s labor relations framework, and a new Social Insurance Law expanding mandatory coverage for employees. Additionally, a major government restructuring has reduced the number of ministries from 18 to 14, streamlining administrative processes.

Techcombank’s experts provided a comprehensive outlook on Vietnam’s macroeconomic trajectory for 2025, highlighting key factors influencing growth, such as government policies, global trade dynamics, and domestic consumption trends. Mr. Dang Ngoc Canh delivered an in-depth analysis of Vietnam’s projected GDP growth, inflation rates, and foreign trade performance, emphasizing the country’s resilience amid global economic uncertainties.

Additionally, insights into industrial real estate trends were shared by Mr. Duy Pham, who discussed shifting investor preferences, emerging industrial zones, and the evolving demand for logistics infrastructure. Experts analyzed how supply chain diversification, government incentives, and foreign investment inflows are shaping Vietnam’s industrial real estate market, offering predictions on pricing trends, occupancy rates, and the most promising sectors for investment in 2025.

We extend our sincere gratitude to our co-organizers from Techcombank and The Executive Centre, as well as to our co-hosts—the Canadian Chamber of Commerce in Vietnam, the Central & Eastern European Chamber of Commerce in Vietnam, and the Spanish Chamber of Commerce in Vietnam—for their support in making this event a success.

ABOUT THE HOSTS

Dezan Shira & Associates is a pan-Asia professional services firm offering legal, tax, and operational advisory to international investors. With over 30 years of experience navigating Asia’s complex regulatory environments, the firm operates 35 offices with more than 350 staff across China, Hong Kong, India, Singapore, and Vietnam, along with alliance partners in Southeast Asia. It also maintains liaison offices in the U.S. and Europe and publishes well-known business intelligence, including Vietnam Briefing, under Asia Briefing Ltd.

Techcombank, one of Vietnam’s largest joint-stock banks, is committed to its mission to “Change banking, Change lives.” Serving approximately 15.4 million customers, it offers retail and corporate banking through a top-tier digital platform and an extensive nationwide network. Its ecosystem-driven approach fuels growth in Vietnam’s fast-expanding market. Techcombank is the only Vietnamese bank to receive top awards from Euromoney, Global Finance, and FinanceAsia in the same year and holds leading credit ratings: AA- (FiinRatings), Ba3 (Moody’s), and BB- (S&P).

The Executive Centre (TEC), established in Hong Kong in 1994, has grown into Asia Pacific’s leading premium workspace provider, with 220+ centers in 36 cities across 16 markets. Offering coworking spaces, private offices, meeting rooms, and event spaces, TEC caters to ambitious professionals and industry leaders looking for more than just office space. TEC fosters an environment designed for success by providing consistent support and unparalleled service. Their center at Nexus Tower in the heart of Ho Chi Minh City reflects their trust in Vietnam’s thriving future.

Further Resources on doing business in Vietnam 2025:

• Vietnam’s Economic Outlook for 2025 and Key Sectors for Investors
• Vietnam Manufacturing Tracker: 2024-25
• Vietnam’s Industrial Zones: 2025-2030 Growth Outlook
• Vietnam-U.S. Trade and Investment Relations

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