December 17, 2024
Vietnam sees decline in administrative operations and support services FDI in November
Year-to-date, the sector has attracted a total of 56 new projects and US$150.8 million in newly registered capital, reflecting solid growth despite the downturn in November.
Korean tourist arrivals in Vietnam rise by 8.75 percent in November
Year-to-date, Korean arrivals reached 4,133,872, representing a 26 percent year-on-year growth. This reaffirms Korea’s position as one of Vietnam’s most significant tourism markets.
Vietnam’s exports to Japan decline 2.88 percent in November
Textiles and garments remained the leading export category despite falling 7.94 percent to US$387.94 million. Other means of transportation, parts, and accessories dropped by 2.08 percent to US$276.50 million, while machinery, equipment, tools, and instruments declined 4.07 percent to US$248.23 million.
Vietnam’s iron and steel imports fall sharply by 31.9 percent in November
China remained Vietnam’s largest supplier, accounting for US$550.87 million, though this reflected a sharp drop of 46.04 percent month-on-month. Imports from South Korea grew by 8.17 percent, reaching US$138.92 million, while Japan recorded a 12.70 percent increase to US$135.15 million.
Vietnam’s textile and garment exports decline by 5 percent in November
The USA remained the largest market, with exports rising slightly by 1.68 percent to US$1.31 billion. Exports to Japan dropped by 7.94 percent to US$387.94 million, while South Korea saw a significant decline of 46.65 percent, totalling US$186.35 million.
Vietnam’s milk and dairy processing sees steady growth in November
Year-on-year, the milk and dairy processing sector achieved growth of 9.36 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector recorded a cumulative growth of 3.96 percent compared to the same timeframe last year, showcasing consistent performance despite economic challenges.
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This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It