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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Vietnam’s labor force continued improving while the labor force participation rate reached the highest quarterly level in four years. </li><li>According to the General Statistics Office (GSO), Vietnam’s total labor force increased by around 390,100 people QoQ (+0.7% QoQ) and 625,300 people YoY (+1.2% YoY) to 53.15 million in Q4 2024.</li><li>Additionally, the labor force participation rate increased to 69.0% (+34 bps QoQ and +11 bps YoY) – the highest rate since Q4 2020.</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Vietnam’s labor force continued improving while the labor force participation rate reached the highest quarterly level in four years. According to the General Statistics Office (GSO), Vietnam’s total labor force increased by around 390,100 people QoQ (+0.7% QoQ) and 625,300 people YoY (+1.2% YoY) to 53.15 million in Q4 2024.Additionally, the labor force participation rate increased to 69.0% (+34 bps QoQ and +11 bps YoY) – the highest rate since Q4 2020.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Vietnam Macro Note - Labor market improves in line with economic growth