According to UOB Bank’s Vietnam Economic Outlook Report for Q4 2025, Vietnam’s economic growth has surpassed expectations so far this year, despite risks stemming from U.S. tax policies. With a 7.85% growth rate in the first three quarters, the full-year outlook remains positive. Currently, Vietnam is one of ASEAN’s fastest-growing economies, with a projected growth rate of over 7%, outpacing Indonesia (5%), Malaysia (4.6-5.3%), Singapore (3.52%), and Thailand (2-3%). However, due to the high base effect in Q4 2024, the final quarter is expected to face challenges amid trade tensions and tariff uncertainties.
Existing issues that could impact the year-end sprint include: public investment disbursement falling short of expectations; persistent exchange rate pressures; lingering inflation concerns; and limited room for monetary policy easing.
The three most popular investment channels among Vietnamese investors this year—stocks, real estate, and gold—have shown mixed performances. After reaching an all-time high, Vietnam’s stock market experienced a slight correction, though the benchmark index’s decline doesn’t fully reflect the losses in most individual investors’ portfolios. The real estate market, however, has shown signs of recovery, supported by stronger fundamentals: legal (new laws), financial (easing interest rates), and demand (shift from speculation to genuine housing needs).
Meanwhile, gold has been the most attractive investment channel this year, surging over 70%. This highlights a shift in the market’s perception of “safety,” focusing on preserving purchasing power. Amid persistent global inflation and ongoing geopolitical uncertainties, gold remains a preferred asset for value preservation.
Which asset class—stocks, real estate, or gold—will be the best investment to ride the year-end wave? How should portfolios be structured to outperform the market while managing risk? These questions will be addressed by seasoned experts in VietstockLIVE #21, themed: “Ride the Wave: Stocks, Real Estate, or Gold for the Year-End Rally?”.
 |
Vietstock LIVE is a premier online dialogue series, bringing together leading experts in economics and finance to discuss and analyze critical market issues. The program focuses not only on explaining macroeconomic and microeconomic trends but also on how these dynamics impact individual and institutional investment strategies.
The program will be moderated by Mr. Nguyễn Quang Minh, CMT Charterholder, Member of the American Association of Technical Analysts (MTA), and Director of Research at Vietstock. With nearly 20 years of experience in analyzing and investing in Vietnam’s stock market, Mr. Minh is a renowned expert in the field.
Joining the discussion is Mr. Vũ Duy Khánh, Director of the Analysis Center at Smart Invest Securities Corporation (UPCoM: AAS). Mr. Khánh has been with Smart Invest since 2019 and has prior experience in fund management and insurance. He brings over 18 years of expertise in analyzing and investing in Vietnam’s stock market.
Vietstock LIVE #21, themed “Year-End Wave: Ride Stocks, Hold Real Estate, or Store Gold?,” will be streamed live at 3 PM on Friday, November 14, 2025, on Vietstock Fanpage, Vietstock YouTube, AAS Fanpage, and AAS YouTube. Investors are cordially invited to tune in.
– 14:00 12/11/2025
Prime Minister: Ensuring Citizens Don’t Face Delays or Extra Costs When Accessing Social Housing
Prime Minister emphasizes three critical objectives in the development of social housing.
Prime Minister: Ensuring Citizens Don’t Face Delays or Extra Costs When Accessing Social Housing
The Prime Minister emphasized three critical objectives in social housing development: streamlining procedures to eliminate bureaucratic hurdles; ensuring citizens can access social housing swiftly, affordably, and conveniently, without unnecessary delays, complications, or additional costs, and with protection against fraud; and fostering a safe, healthy, and sustainable real estate market that stabilizes the macroeconomy, controls inflation, drives growth, and maintains the economy’s key balances for rapid and sustainable development.
Prime Minister Demands Ministry of Construction Clarify Causes of Delayed Social Housing Projects
Regarding the progress of social housing projects, the Prime Minister has requested the Ministry of Construction to provide a detailed report on the current delays in investment procedures and construction processes. The report should clarify the sequence of steps, identify the causes of bottlenecks, and address any obstacles hindering the timely implementation of these projects.
Peak Secondary Apartment Transactions in Hanoi: Highest in Two Years
In Q3/2025, Hanoi’s secondary apartment market recorded 10,700 transactions, marking a 14% year-on-year increase and reaching its highest level in two years.
“Low-Income Families Face Decade-Long Struggle to Afford $65,000 Social Housing Units”
At approximately 1.5 billion VND for a 60m² social housing unit, even households with the maximum combined income according to eligibility criteria would need to save for about 10 years to afford such a home.
