Macro/ Strategy

Inflation was affected by typhoon no.11 and no.12

Inflation in October increased by 0.2% MoM and 3.25% YoY. CPI in October was affected by two storms No. 11 and No. 12. Heavy rains in a short period of time caused major floods and deep inundation in the central provinces. Food supply was disrupted and agricultural products were damaged, causing prices to rise. 

High exchange rate

The VND/USD exchange rate on the free market increased by 7.7% YTD on 19 November 2025. Pressure on the exchange rate mainly came from the domestic demand for USD, while foreign currency capital flow was withdrawn.