Indonesia’s economic outlook Q2 2025
Aug 19, 2025
As Indonesia approaches the end of Q3 2025, the economic outlook is being shaped significantly by
Vietnam’s economy 2024: A tale of two sides
Vietnam’s economy in 2024 contrasts subdued domestic consumption with impressive growth driven by exports, manufacturing, and investment.
On the domestic front, consumer demand has remained muted. Retail sales of goods increased by a modest 1.1%, and combined goods and services sales rose by just 2.3%. This slow growth suggests caution in household spending, despite inflation being contained at 3.63%, lower than initial projections.
However, one bright spot for domestic services has been the remarkable rebound in international tourism. Vietnam welcomed 17.6 million visitors in 2024, marking a 40% increase compared to last year. This surge in tourism has provided crucial support for retail services, particularly in hospitality and entertainment sectors.
In stark contrast, Vietnam’s economy saw export-driven industries continue to thrive. Industrial production surged by 8.3%, driven by the country’s strong manufacturing base. Exports reached $405 billion, representing 14% growth over 2023, while imports climbed by 16% to $380 billion, reflecting heightened trade activity.
Vietnam’s economy also continues to attract substantial foreign investment, with cumulative foreign direct investment (FDI) disbursements up 9.4%, totaling $25.35 billion. This ongoing inflow of capital underscores confidence in Vietnam as a strategic hub for global manufacturing and supply chains.
Looking ahead, Cimigo forecasts that Vietnam’s GDP growth will reach 6.6% in 2025. Balancing these divergent trends—stimulating domestic consumption while maintaining robust external performance—will be critical to sustaining economic momentum in the coming year.
End.
Indonesia’s economic outlook Q2 2025
Aug 19, 2025
As Indonesia approaches the end of Q3 2025, the economic outlook is being shaped significantly by
Behind household appliances: understanding consumers’ preference and purchase
Aug 05, 2025
Electronic household appliances have continued to evolve over time in line with technological
TikTok vs. Shopee: Gen Z and Millennial e-commerce showdown
Aug 08, 2025
TikTok vs. Shopee: Gen Z and Millennial e-commerce showdown plays out in Vietnam’s US$8.5
Lisa Nguyen - Vietnam Marketing Lead
Mark Ratcliff - Managing Director
The team at Cimigo are my favourite researchers in South East Asia. They’ve proved adept at tackling the most private and complex personal issues at qualitative research level, not flinching when the client endlessly chopped and changed fieldwork timing, or ramped up the workload without warning. They have recruited the most extraordinarily niche consumers without pause or complaint. Their patience with clients and their flexibility and hard work that went above and beyond what was initially asked of them on two projects relating to sexual behaviour means there is now no other research company we would choose to work with in that part of Asia. The fact they also pulled off a third project for us so well, on men’s relationship with beer and beer advertising, shows they have breadth of expertise— we still quote from the report they produced.
The team at Cimigo are my favourite researchers in South East Asia. They’ve proved adept at tackling the most private and complex personal issues at qualitative research level, not flinching when the client endlessly chopped and changed fieldwork timing, or ramped up the workload without warning. They have recruited the most extraordinarily niche consumers without pause or complaint. Their patience with clients and their flexibility and hard work that went above and beyond what was initially asked of them on two projects relating to sexual behaviour means there is now no other research company we would choose to work with in that part of Asia. The fact they also pulled off a third project for us so well, on men’s relationship with beer and beer advertising, shows they have breadth of expertise— we still quote from the report they produced.
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