November 18, 2024
Vietnam FDI in finance, banking, and insurance doubles in capital
Year-to-date, the sector has attracted six projects with a cumulative registered capital of US$121.42 million. The rise in capital highlights increased interest in Vietnam’s financial services landscape, as international investors recognise the potential for expansion in banking, insurance, and financial services…
LG Group to boost investment in Vietnam with US$1 billion expansion
This adjustment brings the total investment in the high-tech OLED screen manufacturing facility to US$5.65 billion, making it one of LG’s largest projects in the country…
Vietnam’s cashew nut exports show robust growth in October and year-to-date figures
Year-to-date figures reveal even more impressive growth. From January to October, Vietnam exported 609,229 tonnes of cashew nuts valued at US$3.58 billion, reflecting increases of 17.9 percent in volume and 21.4 percent in value compared to the same period in 2023…
Vietnam car sales up 7 percent year-on-year by end October
Passenger cars led the market, with October sales hitting 26,453 units—up 4 percent from the same month last year. This category remains the backbone of Vietnam’s automotive industry, with year-to-date sales reaching 169,363 units. The steady growth highlights a consistent demand for personal vehicles among Vietnamese consumers…
Vietnam bank deposits reach new high in August
Notably, withdrawals of said deposits could be problematic in that outstanding loans in Vietnam, as of the end of October, exceeded the volume of bank deposits by roughly 3.7 percent. This was reportedly putting liquidity pressure on banks which has become an ongoing theme in Vietnam’s banking industry this year. The issue, however, looks to be on the credit growth end rather than with respect to deposits…
Vietnam’s construction sector sees FDI project increase but capital plunges
Year-to-date, the construction sector has attracted 47 projects with a cumulative registered capital of US$597.67 million…
Vietnam’s bamboo and rattan exports rise in October, year-to-date figures remain positive
The steady year-to-date growth demonstrates Vietnam’s competitive position in this niche market, buoyed by growing global interest in sustainable materials. The October uptick further reinforces the sector’s resilience, indicating potential for continued expansion as international demand for environmentally conscious products rises.
In today’s Vietnam news: Vietnam Airlines trading restrictions removed, Insurance payouts VSS, Car sales June, 23+ years prison term recommended counterfeit supplements, Counterfeit shoes
In today’s Vietnam news: Government to inject cash into Agribank, IMF growth forecast raised, German industrial gas plant investment, VN garment maker Amazon legal
In today’s Vietnam news: Construction labour demand impacting garment industry, ADB growth forecasts, Bloomberg survey GDP growth expectations, Starlink orders open, Seafood industry call
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It