Markets

The market ended the session on a positive note, with the VN-Index climbing 1.01 points (0.08%) to reach 1,270.9. Similarly, the HNX-Index witnessed a rise of 1 point (0.44%), closing at 226.5. The market breadth tilted in favor of gainers, as 420 stocks advanced against 294 decliners. The VN30 basket also painted a bullish picture, with 14 constituents in the green, 11 in the red, and 5 remaining unchanged.

Some localities have adjusted healthcare, transportation, and food prices, resulting in a higher CPI for January 2025. The increase is attributed to the rising demand for these services and goods during the Lunar New Year holiday.

In 2024, the consumer price index (CPI) rose by an average of 3.63% compared to 2023, remaining below the target set by the National Assembly. This marks a decade of Vietnam's successful inflation control, with an average rate below 4%. Experts suggest that maintaining a CPI increase of around 4.5% in 2025 to support a substantial 8-10% growth will be a challenging task, requiring decisive and meticulous management from governing bodies from the get-go.

Achieving a growth rate of 8% or higher in 2025 will pave the way for even higher growth rates in the following years, with aspirations to reach double digits, surpassing 10%. However, to attain this new growth target, it is imperative that all ministries, sectors, and local authorities demonstrate an even stronger resolve, doubling their efforts from previous years.

The domestic gasoline and oil prices experienced a mixed bag of changes during the February 6 trading session. Specifically, E5RON92 gasoline increased by 51 VND per liter, while RON95-III gasoline decreased by 74 VND per liter. The prices of various types of oil also witnessed a decline, ranging from 25 VND per liter to 148 VND per kilogram when compared to the current base prices.

The Vietnamese e-commerce market has been experiencing significant growth year on year. By 2024, this market is estimated to reach a whopping $25 billion. However, there is a significant gap in tax revenue, with only 17.4% of the total tax due being collected.

The application of radiation, radioisotopes, and nuclear power development has made significant and efficient contributions to socio-economic development, energy security, food security, environmental protection, and sustainability, ensuring nuclear safety and security.

The country's total import and export turnover of goods in January 2025 reached an impressive 63.15 billion USD. A breakdown of this figure reveals that exports accounted for 33.09 billion USD, while imports stood at 30.06 billion USD. This positive trade balance indicates a significant surplus of 3.03 billion USD, showcasing a thriving economic landscape.

The new policies of US President Donald Trump on tariffs are causing a stir in the global economic and trade landscape. In this context, what opportunities will Asia - as one of the world's economic powerhouses - seize to adapt and thrive?

The industrial production index for January 2025 saw a modest year-on-year increase of 0.6%. This slight rise can be attributed to the reduced number of working days in the month, as the Lunar New Year celebrations fell in January this year.