December 5, 2024
Vietnam’s plastic exports rise in October, year-to-date figures show significant growth
Year-to-date performance reveals even stronger growth. From January to October, Vietnam exported 2.06 million tonnes of plastics, valued at US$2.26 billion. This marks a 33.6 percent increase in volume and a 28.5 percent rise in value compared to the same period in 2023…
Vietnam’s exports to Belgium see October surge
Vietnam’s exports to Belgium reached US$403.87 million in October, reflecting a significant increase of 43.58 percent compared to September, according to Vietnam’s General Department of Customs. Year-to-date exports have now reached US$3.16 billion.
Vietnam’s textile, footwear materials exports recorded 15.3 percent jump in October
Year-to-date figures also indicate steady growth. From January to October, the sector’s exports totalled US$1.85 billion, a 13.3 percent increase compared to the same period in 2023.
Vietnam’s fabric imports record 4.96 percent increase in October
Vietnam imported fabric worth US$1.32 billion in October, reflecting a 4.96 percent increase compared to September. Year-to-date imports reached US$12.27 billion, according to Vietnam’s General Department of Customs.
China’s Temu semi-halts operations in Vietnam on registration challenges
Of note, Temu was not using a .vn domain name and it seems unlikely it would have reached 100,000 transactions in the few months it has been operating in the country. Ergo, by removing the Vietnamese language website the firm is now compliant–VN Express confirmed this with a representative from the Ministry of Industry.
Vietnam C.bank readying itself to resume Forex sales: Local media
Of note, CafeF has reported, citing ‘sources’, that the SBV has advised some local banks that it intends to resume selling foreign currency. This has also been reported by Vietnam Securities Economic Magazine which has noted the intervention price has been set at 25,450–Vietcombank, among Vietnam’s biggest foreign currency traders, was selling US dollars yesterday for 25,475…
Vietnam’s exports to Spain record sharp rise in October
Vietnam’s exports to Spain reached US$354.96 million in October, marking an 11.12 percent increase compared to September, according to Vietnam’s General Department of Customs. Year-to-date exports have now reached US$3.41 billion.
Vietnam’s mobile phone exports record slight dip in October, but steady YTD
Despite the slight monthly dip, year-to-date figures reflect solid growth. From January to October, exports in this category reached US$46.47 billion, a 4.9 percent increase compared to the same period in 2023…
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