December 15, 2024
Vietnam’s fabric imports dip slightly in November
China remained Vietnam’s largest supplier, contributing US$866.08 million, though this reflected a slight month-on-month decrease of 2.22 percent. South Korea followed with strong growth, increasing by 14.61 percent to US$138.08 million. Taiwan saw a decline of 5.45 percent, with imports totalling US$117.38 million.
Vietnam’s exports of machinery and equipment decline in November
The USA remained the largest market, with exports reaching US$2.22 billion, despite a decline of 10.54 percent month-on-month. Exports to China were stable at US$301.61 million, reflecting a slight increase of 0.25 percent. South Korea saw a sharp decline of 15.74 percent, with exports totalling US$253.97 million.
Vietnam’s fruit and vegetable processing jumps month-on-month in November
Year-on-year, the sector saw growth of 18.63 percent in November 2024 compared to the same month in 2023. Over the first 11 months of the year, the IPI recorded an increase of 17.23 percent compared to the same period last year, marking it as one of Vietnam’s fastest-growing industries.
Vietnam post and telecommunication prices continue to decline in November
The sector has shown consistent declines throughout 2024, with September at -0.42 percent and August at -0.74 percent. Mid-year figures were even lower, with July and June reporting declines of -1.06 percent and -1.18 percent, respectively.
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