December 19, 2024
Vietnam’s woven fabric production sees robust growth in November
Year-on-year, woven fabric production experienced substantial growth of 17.03 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector recorded an 11.95 percent increase compared to the same period last year, underscoring its key role in Vietnam’s industrial performance.
Vietnam’s already relatively small press set to get smaller under consolidation plan
Notably, the absence of local press analysis of this change, given that it seems likely at least some jobs will be lost with few alternative job options for journalists, speaks volumes to the challenges the industry faces in and of itself.
Vietnam’s imports of mobile phones and parts drop by 9.5 percent in November
On a year-to-date basis, imports have reached US$9.43 billion. China remains the dominant supplier despite a 12.84 percent monthly decline, contributing US$851.4 million. South Korea saw a notable increase of 67.62 percent, reaching US$34.8 million, while Japan recorded sharp growth of 180.04 percent to US$531.8 million.
Former Trump security advisor spruiks Vietnam-US trade potential
Of interest, however, is that it was cited by Eric Olander of the China Global South Project in an editorial in which Olander uses O’Brien’s article to catapult into a comparison of the economic might and abilities of Vietnam versus China…
Finnish ETF increases stake in key Vietnam Mercedes-Benz distributor
Finland’s PYN Elite fund has increased its holding in Vietnam’s Haxaco, a key Mercedes-Benz distributor. The fund now holds 6.8 percent of the company up from 4.8 percent.
Vietnam’s wood and wooden product exports dip by 4.8 percent in November
Exports to the USA dropped by 2.64 percent to US$827.3 million, while China and Japan saw sharp declines of 16.59 percent and 15.70 percent, respectively.
Vietnam’s fiber production continues steady growth in November
Year-on-year, fiber production saw significant growth of 10.03 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the IPI for the sector expanded by 12.68 percent compared to the same period last year, underlining its robust performance as one of Vietnam’s industrial strengths.
Vietnam’s exports to Thailand decline by 6.59 percent in November
On a year-on-year basis, exports to Thailand displayed mixed trends across key product categories. “Other products” grew by 17.68 percent month-on-month, contributing US$147.8 million, while exports of petroleum products plunged by 20.93 percent. Motor vehicles saw a notable 14.50 percent decline, while computers, electrical products, and spare-parts dipped 7.41 percent to US$112.8 million.
Vietnam sees growth in arts, entertainment, and recreation FDI in November
Year-to-date (YTD), the sector has attracted a total of 7 new projects with US$13.2 million in newly registered capital, indicating growth in the sector.
In today’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank,
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
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