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December 25, 2024
Vietnam’s rubber exports show slight increase in November
China was the largest importer of Vietnamese rubber, purchasing US$368.75 million, an 11.01 percent rise from the previous month.
New Zealand tourist arrivals in Vietnam decline by 8.22 percent in November
Year-to-date, arrivals from New Zealand reached 43,685, marking a 27.6 percent increase compared to the same period last year. Despite the slight monthly drop, New Zealand remains an important market for Vietnam within the Oceania region.
Vietnam sees no new mining sector FDI in November
Year-to-date (YTD), the mining sector has attracted a total of 1 new project with US$2.8 million in newly registered capital, indicating limited investment activity for the year.
Electronic components manufacturing posts double-digit growth
Year-on-year, the sector saw a 13.84 percent increase in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth stood at 9.36 percent, highlighting the sector’s strong contribution to Vietnam’s industrial landscape.
Vietnam revised securities regulations hit first hiccup
Vietnamese securities firm, Vietcap Securities, has notified the Securities Commission that the Netherlands’ Aegon Custody BV has failed to make payment on a trade completed on its behalf by Vietcap on December 17. Vietcap is currently footing the VND 4 billion bill.
State Bank of Vietnam sells US$2 billion supporting the dong
Of note, Khang is also quoted as saying that the SBV holds a sizable amount of its reserves in US Treasury bills and that if the SBV doesn’t want to sell these at a loss it can only really sell around US$12 to US$14 billion worth of its current reserves.
Land values in Hanoi increase by up to 270 percent on new Vietnam Land Law
Official land values have been depressed in the past by laws through which the central government would set land prices once every five years. This, however, caused problems in that officially land values would fall largely out of step with the true market value with buyers either paying extra off the books or land owners refusing to sell altogether.
Netflix blocked from showing unscripted television shows in Vietnam
Of note, it had first been reported that it had been barred from showing television programs altogether but this appears to have been incorrect. The narrative that is circulating now, according to VN Express, is that companies streaming television programs need a local office whereas streaming sites that show only films do not.
Singaporean tourist arrivals in Vietnam surge by 95.88 percent in November
Year-to-date, Singaporean arrivals reached 440,895, reflecting modest year-on-year growth of 3.5 percent. The sharp rise in November highlights a strong rebound in regional travel and growing interest in Vietnam as a prime destination for Singaporean travellers.
Vietnam’s manioc and manioc products exports surge in November
China remained the dominant importer, accounting for US$85.65 million, a 21.93 percent increase from the previous month.
In today’s Vietnam news: Ready-to-drink tea market report, Rights groups EU action on Vietnam civic space crackdown, Taxi company buy 2,000 Vinfast cars, Vietnam
In today’s Vietnam news: South Korea – Vietnam leaders meeting, Vietjet COMAC lease agreement, EVN FiT eligibility problems proposed resolution, FDI firms fined over
In today’s Vietnam news: Vietnam-flagged LPG tanker passes Hormuz Strait, To Lam in China, Coffee concerns dry weather in VN, Coal mining output increase
This interview with Ngoc (Lily) Nguyen, the Vietnam Southern Region Sales Manager at HAP Commodities Consulting, covers how the Iran–Hormuz conflict is affecting the coffee
This is an interview with Hao Qiu, the Founder of Fair Farm Vietnam. It looks at how global factors, including Brazil’s crop outlook and Middle
This is an interview with Timen ter Meulen Swijtink, Managing Director, Collective Company (producer of LaCaph-branded coffee). It covers how the Middle East crisis is