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• 567'#)"*+'%(',-'./'84182 3(4'&$(#'/"$)4
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• 7<-9)#'$<9,*#'#)"*+'%(',-'./'8=2 3(4'&$(#'/"$)4
• >?-9)#'$<9,*#'#)"*+'%(',-'./'802 3(4'&$(#'/"$)4
• @,<.")'9:'*"A&/')"B%(#")"+'C9<-$*/'%(',-'./'0D2 3(4'&$(#'/"$)4
• EF"',*"<-&9/<"*#')$#%9'%('+9A* ./ =4G2 3(4'&$(#'/"$)4
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1%234%23+,567
Retail sales (Billion VND) CPI change (%) 2022 vs. 2021 Core inflation (%) 2022 vs. 2021
5,671,109
4.3 4.374.55
4,628,285 3.94
3.373.14 4.814.99
2.86 2.89 4.47
23
% 2.412.64 3.82
2.1
1.811.94 3.06
1.77 1.42
2.63
1.98
1.471.61
1.09
0.500.580.670.660.68

ug
ep
pr
ar
ov
ec

ov
ec
ay
ct

ct
b

l
n

pr

ug
ep
ay
ar
Ju

ct

ct
ov
ec

ov
ec
b

l
n

n
Ju
Ja

Ju
Fe

Ja

Ju
Fe
O

O
M
A

O
N
D

N
D

A
M

M
A
S

M
N
D

N
D
A
S
2021 2022

Import amount (Million USD) Export amount (Million USD) Number of newly registered
company (Unit)
365,145
359,842 148,533
326,217
328,575 12%
% 116,837
10 27%

2021 2022
2021 2022 2021 2022
1%234%23+,587
Unemployment ratio Car sales (Unit) Motorbike sales (Unit)
3,003,157
358,063 2,492,372
3.98
3.56 277,203 20%

2.62
2.42 2.46 2.32 29%
2.28 2.32

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2021 2022
2021 2021 2021 2021 2022 2022 2022 2022
2021 2022

Int’l visitors to Vietnam (People)

3,661,222

%
28
22

157,269

2021 2022
 Billion VND

9#+/%4,-/4#-,+$#:;,
Monthly trend

Trend 600 ,000 65%

Category 2021 YTY 2022 YTY 515,822
vs P.Y 479,125
501,158
474,620 497,624
500 ,000 458,455 457,964465,330 478,151 479,375
454,201
438,420 441,928 58%
425,811 53%
Total 4,628,285 5,671,109 23% 400 ,000 373,796

34%
28%
Retail
300 ,000
3,824,926 4,475,856 17%
19%
13% 14% 13%
200 ,000 10%
Travelling 6,527 24,108 269% 1%
-1% -2%
100 ,000 -5%

Accommod -18%
ation and 378,704 570,317 51% 0

catering

22

2
22

22
1

2
1

22

22
2

2
2

l-2
-2

r-2

-2
-2

-2

-2

-2

-2
-2
b-
n-

n-

g-

p-
ar
ct

ct
ov

ec

ov

ec
ay

Ju
Ap
Fe
Ja

Ju

Au

Se
O

O
M
N

D
M
Others 418,128 600,828 44% Figure Tre nd vs previous year

(*) The number of December 2022 is estimated data

!"& %(%,* -&%,#* $,*& (4 '(00(+#%#&$ ,)+ %"& %(%,* %/-)(H&- (4 $&-H#'&$ ,)+ %(/-#$0 4,#-*6 #)'-&,$&+ #)
JKJJL -&H&,*#)2 , $#2)#4#',)% -&'(H&-6 '(0.,-&+ C#%" JKJM7 ?(-&(H&-L JKJJ ,*$( C#%)&$$&+ %"&
/).-&+#'%,3*& 3((0#)2 (4 %-,H&**#)2 $&'%(-7
!"#$%&'()!*(+)&,&$-.(!/-/01/0%1(*220%&("2(30&/,-45
 Billion VND

9#+/%4,-/4#-,+$#:;
Retail sales Travelling
5 0 ,0 0

372,277 404,031
5 0
%

371,724 341,593 374,602 386,902

365,706 389,496 3,399 3,125
368,556 368,944 373,509 374,708
4 0
%

358,695
4 0 ,0 0
355,532
319,629 44% 41% 3 0
%

37% 2,590 2,477

3 0 ,0 0

2 0
%
6027%2,341 2,012 2,050
1,791
21% 21% 1 0
%

3635%
1,058 1,241
2 0 ,0 0

16%
12% 13%
9% 9%
0 %

856 1,013 1,011 2364%

607 1750%
411
1 0 ,0 0

2% 0% 0%
-1% 396% 503% 231%
-1 0
%

-66% -51% -45% -34% 48% 23% 49% 139%

-11%
0 -2 0
%

Au 2

Au 2
Fe 2

Ju 2

F e 22

Ju 2
M 2

M 22
N 1

M 22

N 2

N 21

M 22

N 22
D 1

Ja 1

Se 2

O 2
Ju 2

D 2
2

D 21

Ja 1

Se 22

O 2
Ju 2

D 22
2
Ap 2
Ap 2

l-2

l-2
2

2
2
-2

-2
-2

-2

2
-2

-2

-2

-2

2
-2

-2
-2
-2
n-

n-

n-

n-
b-

b-
r-

r-

-
g-

p-

g-
p-

-
ar
ct

ct

ct

ct
ov

ec

ov

ec

ov
ec

ov
ec
ay

ay
ar
O

O
Accommodation and catering Others
3 00 %

253%
2 50 %
100 ,000
221% 215% 2 50 %

191% 2 00 %
2 00 %

51,924 59,855 60,890

51,237 50,763
42,141 45,303 53,315 52,960142% 48,851 1 50 % 46,191 56,945 59,218
1 50 %

45,714
40,768 48,983 46,898 45,107 41,019 47,928 1 00 %
42,562 45,381 43,870 45,612
40,762 1 00 %
42,494 42,823
114% 122%
36,624 5 0%

26,778 88% 94% 5 0%

26,978
51% 0% 36% 39% 35% 0%

14% 9% 14%
28% 20% 1% 2% 8% 16%
-16% -10% -10%
-5 0%

-23% -14% -13%

-5 0%

-42% -1 00 %
0
-45% -1 00 %

Au 22
F e 22

Ju 2
M 22

Ju 2
N 21

M 22

N 22
D 21

Ja 1

Se 22

O 2

D 22
2
Ap 2

2
-2
-2

-2
-2
Au 2
Fe 2

Ju 2
M 2
N 1

M 22

N 2
D 1

Ja 1

Se 2

O 2
Ju 2

D 2
2
Ap 2

l-
n-

n-
b-
-

r-

-
-

g-
p-

-
l-2
2

2
2
-2

-2
-2

-2

2
-2

-2

-2
-2

ay
ar
ct

ct
ov
ec

ov
ec
n-

n-
b-

r-

g-

p-
ct

ct
ov

ec

ov

ec
ay
ar

O
O
 Percentage

<=>,)3/:2#,"-,?$#"%@*-,0#/$

Avg. rate/ month = 3.15

4.55
4.3 4.37
3.94

3.37
3.14
2.86 2.89
2.64
2.41
2.1
1.94
1.77 1.81
1.42

Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Ma r-22 Apr-22 Ma y-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22

K"(%+"( #F" B)9A%*B 9: #F" )"#$%& ("C#9)L #F")" A$( $ 84182 %*C)"$(" 9* $3")$B" :9) 567
%* 0=00 C9<-$)"+ A%#F &$(# /"$)4

!"#$%&'()!*(+)&,&$-.(!/-/01/0%1(*220%&("2(30&/,-45
 Percentage

<@$#,%:A4/+%@:,)3/:2#,"-,?$#"%@*-,0#/$
Avg. rate/ month = 2.6

4.99
4.81
4.47

3.82

3.06
2.63

1.98
1.61
1.47
1.09

0.58 0.67 0.66 0.68

0.5

Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Ma r-22 Apr-22 Ma y-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22

EF" $3")$B" )$#" 9: C9)" %*:&$#%9* %* 0=00 A$( 04M2L %*C)"$("+ <9)" #F$* 1 #%<"( &$(#
/"$)4

!"#$%&'()!*(+)&,&$-.(!/-/01/0%1(*220%&("2(30&/,-45
 Million USD

>.?@$+,/.@*:+
YTY (2021 & 2022)
Monthly trend
359,842 35,000 31,975 32,672 32,189 32,210 32,370 70%
328,575 30,302 30,960
30,000
29,800 29,500 28,800
28,000 28,400
29,160 60%
10% 26,200
25,279 50%
25,000
40%
20,000 23% 22% 30%
19% 18%
16% 16%
15,000 12%
15% 13% 20%
7% 9% 7%
6%
10%
10,000
-5%
-9%
0%
5,000 -10%
0 -20%

22

22
22

2
1

2
1

22

22
2

2
2

l-2
-2

r-2

-2
-2

-2

-2

-2

-2
-2
n-

n-
b-

g-

p-
ar
ct

ct
ov

ec

ov

ec
ay

Ju
Ap
Ja

Ju
Fe

Au

Se
O

O
M
N

D
M
Million USD Trend vs previous year

NF%&" #F" %<-9)# $<9,*# %*C)"$("+ ./ 8=2 %* 0=00 C9<-$)"+ A%#F 0=08O

!"#$%&'(678(+60,01/$9("2(7.-,,0,:(-,;(8,<&1/4&,/(7"$/-.5(
 Million USD

'(?@$+,/.@*:+
YTY (2021 & 2022) Monthly trend
34,517 34,061
35,000 33,258 32,646 33,380 70%
365,145 30,480 30,323 29,940 30,270
30,000
29,900
29,000 29,180 29,660 60%
326,217 2%
27,300
1 50%
25,000 22,947
30% 30% 40%
27%
20,000 23% 30%
21% 19%
15% 17%
15,000 12% 11% 11% 20%
5% 10%
10,000 2% -2%
0%
5,000 -14%
-10%
0 -20%

22

22
22

2
1

2
1

22

22
2

2
2

l-2
-2

r-2

-2
-2

-2

-2

-2

-2
-2
n-

n-
b-

g-

p-
ar
ct

ct
ov

ec

ov

ec
ay

Ju
Ap
Ja

Ju
Fe

Au

Se
O

O
M
N

D
M
2021 2022
Million USD Trend vs previous year

O #F" $<9,*# 9: "?-9)# %* 0=00 A$( F%BF") 8024

!"#$%&'(678(+60,01/$9("2(7.-,,0,:(-,;(8,<&1/4&,/(7"$/-.5(
 Unit

B*.C#$,@A,:#&40,$#2%-+#$#;,)@.?/:0
YTY (2021 & 2022)
Monthly trend
15,001
15,100 14,302 250%
13,370 13,272 13,174
13,004 13,030
13,100 194%
11,902
11,221
11,918
11,466
11,943
200%
10,769
11,100
148,533 150%
27% 9,100 8,233
107%
7,284
116,837 7,100 100%
58%
51%
5,100
29% 28% 50%
- 15% 17%
3,100 9% 5% 1% 0% -4%
-9%
0%
1,100 -…

-900 -50%

2
22

22
22
1

2
1

22

22
2

2
2

l-2
-2

r-2

-2
-2

-2

-2

-2

-2
-2
n-

n-
b-

g-

p-
ct

ct
ov

ec

ov

ec
ay
ar

Ju
Ap
Ja

Ju
Fe

Au

Se
O

O
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N

D
M
2021 2022
Unit Trend vs previous year

EF" *,<.") 9: *"A&/ )"B%(#")"+ C9<-$*/ %* 0=00 F$+ $* 0D2 %*C)"$(" C9<-$)"+ A%#F
0=084

!"#$%&'(678(+60,01/$9("2(7.-,,0,:(-,;(8,<&1/4&,/(7"$/-.5(
 Percentage

D:#.?4@0.#:+,$/+%@
2021 YTY = ~3.22 2022 YTY = ~2.32

3.98

3.56

2.62
2.50 2.42 2.46
2.37 2.32 2.28 2.32

Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022

7* C9<-$)%(9* A%#F 0=08L #F" ,*"<-&9/<"*# )$#%9 9: 0=00 A%#*"(("+ $ +"C)"$(" :)9<
14002 #9 041024

!"#$%&'(678(+60,01/$9("2(7.-,,0,:(-,;(8,<&1/4&,/(7"$/-.5(
 Unit

</$,-/4#-,+$#:;
Monthly trend
45,000
Trend
43,526 300%
Category 2021 YTY 2022 YTY 39,469
vs P.Y
40,000 38,134 241%
36,454 250%
35,021
35,000 31,623 31,186
29,676 30,303 200%
28,756
Total 277,203 358,063 30,000
29% 27,149 26,267
24,461 134%
25,000 21,100 22,067
150%

20,000 78%
69%
100%
Passenger 203,766 284,317 40% 63%
15,000 44%
23% 19% 16%
50%

10,000 -14% 5% -3%

7%
-14% 0%
Commercial 70,173 70,409 5,000
0% -30%

0 -50%

22

22
22

2
1

2
1

22

22
2

2
2

l-2
-2

r-2

-2
-2

-2

-2

-2

-2
-2
Special

n-

n-
b-

g-

p-
3,264 3,337 2%

ar
ct

ct
ov

ec

ov

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Ju
Ap
Ja

Ju
Fe

Au

Se
O

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purpose

D
M
Unit Trend vs previous year

5$) ($&"( %* 0=00 ($A $* ,-A$)+ #)"*+ 0G2 C9<-$)"+ #9 &$(# /"$)L #F$*I( #9 #F"
%*C)"$(" %* ($&"( 9: -$(("*B") $*+ (-"C%$&P-,)-9(" C$)(4
!"#$%&'(3=6=(+30&/,-4(=#/"4">0.&(6-,#2-%/#$&$1?(=11"%0-/0",5
@A&(20:#$&1(0,%.#;&(B(/9C&1("2(%-$'(7-11&,:&$(%-$1D(E"44&$%0-.(<&A0%.&1(+/$#%F1(G(>#1&15(G(!C&%0-.HC#$C"1&(<&A0%.&1(
 Unit

E@+@$C%F#,-/4#-,+$#:;
;<;=>?@?A="=?@??B
%"''%"()&
Quarterly trend
1,0 00,00 0
108% 120 %
920,074
!"#$!"%&! 900 ,000
831,440 831,999 100 %

784,878
800 ,000 749,516 756,521 753,571 762,154
731,077 80%
701,454
677,739 667,360
% 700 ,000 655,433
20 60%

600 ,000
518,920 29% 10% 40%

500 ,000

7% 20%
367,037
400 ,000
-4% -4% -1% -3% -4% -2%
-15% -46% 0%

-31% -18%
300 ,000

-4% -2 0%
200 ,000

100 ,000 -4 0%

0 -6 0%

Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
!"!# !"!! 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022

Unit Tre nd vs previous year

7* 0=00L <9#9) ($&"( A"*# ,- ./ 0=2 C9<-$)"+ #9 &$(# /"$)4

!"#$%&'(3=66(+30&/,-4(=11"%0-/0",("2(6"/"$%9%.&(6-,#2-%/#$&$15
@A&(,#4>&$1(0,%.#;&'(I",;-D(70-::0"D(!#J#F0D(!K6(G(K-4-A-
 Person

>:+#$:/+%@:/4,"%-%+@$-,+@,G%#+:/.,
;<;=>?@?A="=?@??B
%"**("!!!
Monthly trend
6000% 8 00 ,0 00

5131% 707,071
4445% 7 00 ,0 00

5000% 4618% 4489% 596,919

4020%
6 00 ,0 00

4000% 486,407 484,355

5 00 ,0 00

3186% 431,909
2 8% 3872%
22 3000% 352,579 4 00 ,0 00

3 00 ,0 00

2000% 1184% 236,677

421% 172,948 2 00 ,0 00

1000% 115% 101,373

5% 11% 170% 1 00 ,0 00
41,740
()&"!*$ 17,163 19,727 29,517
0% 0

22

22
22

2
2

2
1

22

22
2

2
2

l-2
r-2

-2
-2

-2

-2

-2
-2
!"!# !"!!

n-

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Ap
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Unit Trend vs previous year

N%#F9,# #F" .$))%")( 9: 593%+P8G &%I" 0=08L #F" *,<.") 9: %*#")*$#%9*$& 3%(%#9)( %* 0=00
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Vietnam Market Report & Research by CTO Vietnam Network
!"#$%&'(678(+60,01/$9("2(7.-,,0,:(-,;(8,<&1/4&,/(7"$/-.5(