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Day: December 11, 2024
Vietnam’s exports of computers and electronics record 5.42 percent November jump
The USA remained the largest market, with exports amounting to US$1.80 billion, despite a slight decline of 0.65 percent month-on-month.
Vietnam sees continued growth in information and communication FDI in November
Year-to-date (YTD), the sector has attracted a total of 217 new projects and US$248 million in newly registered capital, highlighting consistent growth in this area…
Tourist arrivals from Americas in Vietnam increase by 24.8 percent in November
Year-to-date, tourist arrivals from the Americas reached 907,902, reflecting a 19.6 percent growth compared to the same period last year. The United States led the region with 69,237 arrivals in November, an 18.92 percent increase from October…
Vietnam’s processing and manufacturing production records strong November growth
Year-on-year, the processing and manufacturing industry showed an impressive growth rate of 11.22 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector achieved an overall increase of 9.69 percent compared to the corresponding period last year, underlining its role as a driving force for Vietnam’s economy.
Does Vietnam Have a Private Consumption Problem Too?
When reports of a private consumption problem in China surfaced, it made sense to wonder if Vietnam might be facing those same problems too. And indeed, whereas it’s fairly easy to assume that Vietnam’s booming economy might correlate to booming consumer consumption, the numbers paint a somewhat different picture…
Vietnam’s housing and construction materials records price hike in November
The sector has experienced fluctuations throughout the year, with September’s CPI at 4.37 percent and a mid-year peak of 5.60 percent in June. The rise in November reflects growing demand for construction materials and housing-related expenses as urbanisation continues to shape the market.
Vietnam’s animal feed additives market projected to reach new heights
As Vietnam’s livestock and aquaculture industries continue to grow, the demand for specialised feed additives such as vitamins, amino acids, enzymes, and probiotics is expected to rise. Vendors in the market are well-positioned to capitalise on these opportunities, as the report highlights significant growth potential across various regions and market segments.
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