Market report Q3/2023

CPI In Q3/2023, the consumer price index increased by 2.89% YoY. In the 9 months
of 2023, CPI increased by 3.16% YoY; Core inflation increased by 4.49% YoY. In general,
the inflation rate is being controlled according to the scenario (4.5%) as expected
by the National Assembly in the Resolution on the socio-economic development plan
in 2023.

GDP Vietnam’s GDP growth rate reached 5.33% YoY in Q3/2023 and 4.24% YoY in 9 months of
2023. This result was achieved thanks to the implementation of governmental policies
aimed at providing support and removing obstacles encountered by both enterprises
and individuals. TMS Consultancy has forecasted Vietnam’s GDP will reach 6% in
2023 and 6.5% in 2024