December 7, 2024
Vietnam tourist arrivals see a 20.54 percent month on month growth in November
Vietnam welcomed 1,711,512 international tourists in November, representing a month-on-month increase of 291,679 visitors or 20.54 percent, according to Vietnam’s General Department of Tourism. Year-to-date, the country has recorded 15,836,661 arrivals, marking a year-on-year increase of 38.8 percent. Asian visitors dominated the figures, contributing 1,357,769 arrivals in November, up by
Vietnam’s toy and sports equipment exports grow in October
However, year-to-date performance shows little change. From January to October, the sector’s exports totalled US$3.13 billion, reflecting a slight decline of 0.7 percent compared to the same period in 2023.
Vietnam’s food and food services CPI records decline in November
Food and food services play a central role in Vietnam’s economy, with the sector contributing significantly to household expenditure and national GDP. The country’s diverse agricultural base supports a wide range of food products, catering to both domestic consumption and export markets.
Vietnam’s extractive industry sees modest November monthly growth but YoY decline
Year-on-year, however, the extractive sector showed a significant decline of 9.85 percent in November 2024 compared to the same month in 2023. For the first 11 months of 2024, the IPI decreased by 7.31 percent compared to the same period the previous year, highlighting ongoing challenges faced by the industry.
Vietnam’s textile and garment exports rise in October, maintain strong year-to-date growth
Year-to-date figures also indicate robust performance. From January to October, exports in this category totalled US$30.57 billion, a 10.5 percent increase compared to the same period in 2023.
Vietnam’s CPI records slight dip in November vs. October
Throughout 2024, the CPI trends have varied significantly. September recorded a rate of 2.63 percent, while August saw a notable peak at 3.45 percent. Earlier in the year, July and June registered higher figures of 4.36 percent and 4.34 percent, respectively.
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