The index stands at 72.7, down 7.3 points from its recent peak of 80.0 in Q4 2025, reflecting a more cautious outlook amid rising geopolitical tensions. Yet, the index remains well above levels recorded over the past four years, reinforcing a consistent message emerging from the data: while global turbulence is influencing short-term sentiment, Vietnam’s long-term appeal remains firmly intact.

Notably, a remarkable 93% of European business leaders say they would recommend Vietnam as an investment destination, among the strongest endorsements in the history of the survey. 

"What we are witnessing in Q1 is not a retreat, but a necessary recalibration," commented EuroCham Chairman Bruno Jaspaert. 

"The global economy today resembles a shipping route passing through rough waters, particularly tensions in the Middle East that are driving energy price volatility and supply chain adjustments. In times like these, companies look for safe harbours where they can dock with confidence. The BCI data shows that while the geopolitical weather outside may be stormy, Vietnam’s economic foundations remain resilient", he stressed.  

Regarding the policy roadmap for the next growth phase, Chairman Jaspaert emphasised that the horizon ahead is bright. “The continued leadership of Party General Secretary and President To Lam sends an encouraging signal of stability and long-term vision. At the same time, the newly elected Government has also highlighted the focus on private economy as a key driver of growth. These are exactly the foundations investors look for when making long-term commitments”, he added.

“As Vietnam enters this era of rising, competitiveness will increasingly depend on execution: easing administrative burdens, decentralising decision-making, and ensuring greater regulatory clarity. EuroCham stands ready to work closely with the Government and our partners to turn these priorities into real outcomes, ensuring that Vietnam’s strong growth story continues to attract investment, innovation, and sustainable development”, he noted.  

Conducted by DXL Research and Consulting, the latest BCI report delves deeper into the anatomy of investor resilience. It maps how different supply chain configurations shape risk exposure and outlines the critical regulatory reforms that investors expect from Vietnam’s newly elected Government to sustain long-term momentum. 

European firms show strong optimism in Vietnam as BCI hits three-year high

The European Chamber of Commerce in Vietnam (EuroCham) on October 14 unveiled the Q3 2025 edition of the Business Confidence Index (BCI), which reveals a renewed surge of optimism among European firms operating in Vietnam.