Government bonds have recently seen strong foreign buying despite the facts that the dollar is expected to continue appreciating due to the US’s plan to raise interest rates a few more times in the near future and that Vietnam does not have incentives to attract foreign investment in its bonds.
Market observers also said the government bond market liquidity has improved a great deal thanks to the investments from abroad.
Foreign investors bought VND11 trillion (US$484.6 million) worth of the bonds in the first five months of the year, according to the National Financial Supervisory Committee.
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Data from VP Bank Securities Company shows that between June 23 and 26 foreign purchases of government bonds on the secondary market were worth VND61.647 trillion, an increase of 34.8% over the previous week.
The Saigon Securities Company said that in the first half of the year foreigners bought government bonds worth VND14.9 trillion (US$656.4 million), an increase of VND1.7 trillion (US$74.9 million) over the same period last year.
The chief of a foreign-invested fund management company, who asked not to be named, said the biggest concern for foreign investors buying government bonds was the depreciation of the dong against the greenback.
However, the value of the dollar had not changed much though the US central bank has hiked rates several times.
The dollar appreciated slightly against the dong after the US raised the rate once in mid-June, but soon declined.
Recently the State Bank of Vietnam allowed the dong to decline slightly to VND22,725 per dollar.
It was facilitated in this by the downward trend in inflation and the exchange rate since the beginning of this year, thus creating conditions for the central bank to improve the foreign exchange reserves and to inject liquidity into the market without resorting to open market operations and not putting pressure on the exchange rate.
An executive at a major bank in HCM City said that with the many positive aspects in the economy the dong-dollar exchange rate is likely to remain steady until the year-end unless there are unexpected extraneous factors.
To take advantage of this opportunity, he said, the Ministry of Finance is drafting a plan with many incentives to attract foreign funds into the bond market.
If they are offered tax and fee breaks, foreign investors would be happy to enter the bond market, he said.
By 2030, Vietnam aims to rank among the world’s top 40 in the GII; raise total social investment in R&D to at least 2% of GDP, with non-State funding accounting for over 60%; increase international scientific publications by an average of 10% annually; and raise the number of patent applications and granted patents by an average of 16-18% annually.
The State Bank of Vietnam set the daily reference exchange rate at 25,624 VND/USD on October1, down 3 VND from the previous day.
Quang Ninh's GRDP grew 15.04% in the third quarter, also leading the country.
Vietnam needs flexible incentives and specialised green financial instruments, stronger inter-sectoral coordination, improved local governance capacity and a more complete MRV data system, said Ramla Khalidi, Resident Representative of the United Nations Development Programme (UNDP) in Vietnam.
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Experts from the Institute of Vietnam and World Economy under the Vietnam Academy of Social Sciences noted the quality of recent growth as the high growth rate has been recorded against an increasingly higher comparative base.
Vietnam's Halal exports remain modest at around 900 million USD a year, accounting for less than 1% of the global market. Most exports are still raw agricultural and seafood products. Only around 1,000–1,300 Vietnamese businesses obtained or maintained Halal certification during 2024–2026.
Vietnam needs a comprehensive policy framework to remove legal and procedural bottlenecks and create conditions for offshore wind power projects to access long-term investment capital, helping to unlock the country’s substantial offshore wind potential, said insiders.
Under a decision of the municipal People’s Committee on establishing an inter-agency working group, departments and agencies are responsible for identifying facilities subject to greenhouse gas inventories, developing emissions-reduction plans and studying projects capable of generating carbon credits.
According to data from the Vietnam Customs cited by the Vietnam Association of Seafood Exporters and Producers (VASEP), shrimp exports reached 478.5 million USD in August, up 4.2% from the same month last year. The eight-month total stood at 3.3 billion USD, representing a year-on-year increase of 12%.
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For 2021-2030, the Civil Aviation Authority of Vietnam proposed bringing forward the investment in a parallel taxiway system and a connecting taxiway north of Runway No. 2 at Phu Quoc International Airport, in order to connect with the aircraft maintenance and repair facility (hangar) planned for the northern area of the airport.
For LNG-fired power to fulfill its role in Vietnam’s energy transition, bottlenecks in institutions, infrastructure, electricity pricing, PPAs, power dispatch and financing must be addressed together.
From policy and infrastructure to industrial real estate, Vietnam’s FDI advantages are broadening towards a more integrated production ecosystem, offering investors a stronger combination of conditions for high-value, technology-intensive and long-term projects.
As trade expands, systemic bottlenecks across transport networks, warehousing, ports, border gates, and industrial zones are becoming more apparent. Experts emphasise the need to shift from a fragmented, project-by-project approach toward strategic management structured around trade corridors and integrated supply chains.
The company will buy non-performing loans from credit institutions and foreign bank branches, recover and dispose of debts and collateral, restructure loans and support lenders in resolving bad debts.
Do Ngoc Hung, Trade Counsellor and head of the Vietnam Trade Office in the US, said what stands out is not only the growth in trade volume but also the increasingly deep economic ties between the two countries.
According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at 2.02 quadrillion VND (77.7 billion USD), equivalent to 80% of the annual estimate and up 16% year-on-year. Domestic revenue reached 1.75 quadrillion VND, accounting for 86.6% of total revenue and rising 16.6%.
Hanoi aims to achieve average annual export growth of at least 12% during 2026-30, with the city seeking to diversify export markets, boost high-tech and value-added products and reduce reliance on traditional markets.
Great reliance on the state budget and conventional bank lending could put considerable pressure on the financial system, making it necessary to develop new and sustainable sources of funding from both domestic and international capital markets.