Starting a Business in Vietnam Checklist
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How to Import Food into Vietnam: Ultimate Guide 2024
How to Start a Real Estate Business in Vietnam in 2024
How to Brew Beer in Vietnam: Ultimate Guide 2024
How to Make Video Games in Vietnam: Ultimate Guide 2024
How to Start an Export Business in Vietnam: Ultimate Guide 2024
How to Import Footwear Materials to Vietnam: Ultimate Guide 2024
How to Export Footwear from Vietnam: Ultimate Guide 2023
How to Manufacture Shoes in Vietnam: Ultimate Guide 2024
How to Set Up a Company in Vietnam: Technical Guide 2024
How to Start an English Centre in Vietnam: Ultimate Guide 2024
How to Open a Bar in Vietnam 2024: Ultimate Guide
How to Start a Business in Vietnam: Ultimate Guide 2024
How to Export Coffee from Vietnam: Ultimate Guide 2024
How to Import Coffee to Vietnam: Ultimate Guide 2024
How to Open a Gym in Vietnam 2024: Ultimate Guide
How to Open a Restaurant in Vietnam: Ultimate Guide 2024
How to Open a Cafe in Vietnam: Ultimate Guide 2024
Vietnam’s Wind Power Industry: Overview 2024
Vietnam’s Coal Power Industry: Overview 2024
Vietnam’s Gas Power Industry: Overview 2024
Vietnam’s Solar Power Industry: Overview 2024
Vietnam’s Music Industry: Overview 2024
Vietnam’s Publishing Industry: Overview 2024
Vietnam’s Advertising industry: Overview 2024
Vietnam’s Agriculture Industry: Overview 2024
Construction Industry in Vietnam: Overview 2024
Vietnam’s Supplements Market: Overview 2024
Vietnam’s Auto-Insurance Industry: Overview 2024
Vietnam’s Life Insurance Industry: Overview 2024
Vietnam’s Health Insurance Industry: Overview 2024
Vietnam’s Yogurt Market: Overview 2024
Vietnam’s Cheese Market: Overview 2024
Vietnam’s Film Industry: Overview 2024
Milk in Vietnam: Industry Overview 2024
Vietnam Electronics Manufacturing: Industry Overview 2024
Vietnam’s Tourism Industry: Overview 2024
Vietnam’s Pharmaceuticals Industry: Overview 2024
This week’s Vietnam news roundup covers consumer bank deposits, an update on the Mercedes-Benz plant in HCMC, Vietnam’s latest GDP forecasts, and more…
The bulk of this power has been produced by burning coal which accounted for 49.6 percent of Vietnam’s electricity supply in the third quarter of the year, though notably this was down from about 57 percent in the first half of the year…
Of note, however, is that the business environment in Vietnam has changed significantly in terms of regulatory oversight and censorship, both of which have proven key obstacles for foreign studios looking to make films in Vietnam…
Of note, Opening a gym in Vietnam for foreign firms or individuals, however, is not always easy. Not only are there several technical and licensing requirements that need to be met, but Vietnam has also developed its own very distinct gym culture. This can take a little getting used to and may make penetrating Vietnam’s gym-going consumer class challenging…
The sector’s growth can be attributed to increasing demand for flowers and ornamental plants, both domestically and internationally. Vietnam’s floriculture industry has gained recognition for its diverse range of high-quality flowers, with expanding export opportunities and rising consumer interest in ornamental plants driving further development.
Vietnam’s Transport Ministry has said that Vietnam’s high-speed railway project connecting Hanoi and Ho Chi Minh City will utilise domestic finances and technology, as opposed to support from abroad. It is, however, expensive and financing it alone will be challenging.
The biggest improvement belonged to Viet Cap Securities which saw a 1.46 percent increase in its market share with the biggest fall belonging to VNDirect which lost .76 percent. However, Vietcombank Securities Company dropped out of the top ten altogether and therefore how much its share changed is unknown. Of note, FPT Securities moved in to take Vietcombank Securities’ place…
This adds to a growing list of investigations into steel import from Vietnam that includes South Korea, India, and the European Union and comes as cheap Chinese steel floods markets around the world. Of note there has been some suspicion that Chinese steel makers may be using Vietnam as an intermediary to circumvent trade tariffs in other countries on their own steel products…
TPBank’s net interest income increased by 14.2 percent, aligning with the broader trend seen across banks like VPBank, HDBank, and VietinBank, which also experienced significant growth in net interest income. This increase was driven by a stable macroeconomic environment and recovering credit demand, contrasting with 2023’s challenges when deposit interest costs exceeded lending income.
The Vietnam Stock Market Tracker provides a daily update of the latest developments in the stock market in Vietnam. This includes all of Vietnam’s most important indexes as well as the buying and selling activity of foreign traders, and the biggest gainers and losers for the day.
This Vietnamese Dong Tracker records the latest news and developments with respect to the local currency. It includes the current prices as well as State Bank of Vietnam monetary policy and open market operations including treasury bill issuances and interbank lending.
Vietnamese investors had launched 105 new projects and adjusted investment capital 18 times for the year to Septemberty. While the mining sector remained dominant, its share of investment dropped from 39.8 percent in August to 33 percent in September. Meanwhile, the electricity production and distribution sector accounted for 13.2 percent of total capital invested.
Vietnam’s industrial production index in September 2024 saw a significant increase of 10.8 percent compared to the same period last year, driven by growth in key sectors like processing and manufacturing. The processing and manufacturing industry experienced a robust increase of 13.1 percent, while electricity production and distribution grew by 6.4 percent. The water supply, waste management, and wastewater treatment sector saw the largest rise, increasing by 15.2 percent.
Vietnam’s GDP grew by 7.4 percent in the third quarter of 2024 compared to 2023, according to data from the General Office of Statistics. A total of 4.08 percent of Vietnam’s GDP this year has come from the forestry and fishery sector; with industry and construction accounting for a further 48.88 percent and the service sector accounting for the remaining 47.04 percent.
Vietnam’s Consumer Price Index slowed in September over August recording an increase of just 2.63 percent compared to August’s 3.45 percent. Overall CPI remained steady at 4.04 percent safely within the government’s target range for the year of between 4 and 4.5 percent. Core inflation, meanwhile, was hovering at 2.54 percent over September last year…
Vietnam added another 245 foreign direct invested projects to its 2024 tally in September, along with just over US$4.25 billion in additional capital commitments, according to data from Vietnam’s Ministry of Planning and Investment. The biggest gains were in manufacturing and processing which added 73 new projects and US$1.47 billion.
Singapore is the leading foreign direct investor in Vietnam for this year initiating 339 new projects and registering US$7.35 billion in capital. The tiny island state leads with more than doubly the registered capital of second place China, according to data from the Ministry of Planning and Investment. Foreign direct
Notably, VPBank’s bad debt ratio is higher than many other banks, largely due to its high-risk business model. Unsecured loans and real estate made up 20 percent and 22 percent of its total credit, respectively…
ASEAN+3 Macroeconomic Research Office–AMRO–has lowered its growth forecast for the ASEAN region from 4.8 percent to 4.7 percent after revising down the GDP growth forecasts of Vietnam and Indonesia by a tenth of a point each, according to the body’s ASEAN+3 Regional Economic Outlook Update, October 2024. “The sharp but
Of note, over the last two years in the wake of a broader economic downturn brought on by higher interest rates in key export markets and the near-collapse of Vietnam’s real estate market, everyday Vietnamese have turned to saving rather than spending their excess income. This is problematic in that local consumption has been an important growth driver over the last decade or so. Retail sales, month on month, however, have been more or less stagnant since the beginning of the year. This latest data from the SBV suggests this could last a while longer…
Paying For Vietnam’s High-Speed Rail: Unpacked
Should Vietnam Be Worried About Indonesia Joining the CPTPP?
Why More Foreign Films Aren’t Made in Vietnam
Can Vietnam Survive the Steel-Trade Wars?
A Brief History of Startups in Vietnam: Unpacked 2024
What’s Going On with Vietnam’s Car Market in 2024?
How African Swine Fever is Reshaping Vietnam’s Pork Market
Is a Sugar Tax Right for Vietnam?
How is the EVFTA Working Out for Vietnam?
What Does a Devalued Yen Mean for Vietnam?
Vietnam’s New Direct Power Purchases Decree: Unpacked
What’s Happened to Vietnam’s Beer Market? Unpacked 2024
Nuclear Power in Vietnam: Unpacked 2024
Tien Phong Commercial Bank: Vietnam Stock Overview
Vietnam Prosperity Commercial Bank: Vietnam Stock Overview
PetroVietnam Gas Corporation: Vietnam Stock Overview
VietinBank: Vietnam Stock Overview
Military Commercial Bank: Vietnam Stock Overview
HDBank: Vietnam Stock Overview
Vinhomes (real estate): Vietnam Stock Overview
BIDV (banking): Vietnam Stock Overview
Becamex IDC (real estate): Vietnam Stock Overview
Bao Viet Holdings (Insurance): Vietnam Stock Overview
Century Synthetic Fiber Corporation: Vietnam Stock Overview
Mobile World (retail): Vietnam Stock Overview
SSI Securities Corporation: Vietnam Stock Overview
Saigon Beer Alcohol Beverage Corporation: Vietnam Stock Overview
Phu Nhuan Jewelry: Vietnam Stock Overview
Asia Commercial Bank: Vietnam Stock Overview
PetroVietnam Fertilizer and Chemicals Corporation: Vietnam Stock Overview
Vietjet Air: Vietnam Stock Overview
Vietnam Stock Reviews: Vietnam Rubber Group
REE Corporation: Vietnam Stock Overview
Vietnam CPI Tracker: September Update [data set]
Vietnam FDI Tracker by Sector: September Update [data set]
Vietnam FDI Source Country Tracker: September Update [data set]
Vietnam Tourist Arrivals Tracker: August Update [data set]
Vietnam Retail Sales Tracker: August Update [data set]
Vietnam Car Sales Tracker: August Update [data]
Vietnam Exports Tracker: August Update [data set]
Vietnam Imports Tracker: August Update [data set]
Doing Business in Vietnam: Events Directory 2024
Starting a Business in Vietnam Checklist
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