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Day: January 12, 2025
Vietnam’s exports of computers, electrical products, and parts rise by 18.18 percent in December
Vietnam’s exports of these products total US$72.58 billion for 2024, reflecting strong demand in key markets.
Vietnam’s paper imports rise by 7.48 percent in December
China remained the largest supplier, contributing US$99.82 million, a modest 1.11 percent rise from November. Imports from Canada and Chile grew sharply, rising by 65.25 percent and 283.03 percent, respectively.
Vietnam’s motor vehicle manufacturing sees huge growth in 2024
Year-on-year, the sector posted an impressive growth of 37.8 percent in December 2024 compared to December 2023. For the full year, cumulative growth reached 21.1 percent in 2024 compared to 2023, highlighting exceptional performance despite the year-end dip.
Vietnam’s non-ferrous metal ore mining shows mixed performance in 2024
Year-on-year, the sector contracted by 6.2 percent in December 2024 compared to December 2023. However, for the full year of 2024, non-ferrous metal ore mining recorded a strong 17 percent increase compared to 2023, reflecting overall growth despite short-term challenges.
Vietnam’s rolled steel production estimated to reach 18.55 million tons in 2024
In November 2024, the country produced 1.57 million tons of rolled steel, maintaining a solid output despite a slight decrease in December.
Vietnam’s computer and electronic product imports rise in December 2024
Year-to-date imports for these products totalled US$107.05 billion, underscoring Vietnam’s growing demand for technology and components vital to its manufacturing sector. China remained the top supplier, exporting US$3.05 billion worth of goods, marking a 2.68 percent monthly increase. Thailand exhibited the most substantial growth with a remarkable 60.71 percent rise in December.
Japan sees decline in foreign direct investment in Vietnam in December
In 2024, Japan invested in 270 new projects with US$3.5 billion in newly registered capital.
Vietnam’s Dong Nai province sees steady FDI growth in December
This steady increase in FDI showcases Dong Nai’s continued appeal to foreign investors, particularly in the manufacturing and industrial sectors, which are vital to the province’s economy.
Polish tourist arrivals to Vietnam decline by 25.27 percent in December
Polish tourists are drawn to Vietnam’s mix of culture and natural beauty, with popular destinations including Hanoi, Ho Chi Minh City, Hoi An, and Halong Bay. Beach destinations like Phu Quoc and Da Nang are also favoured by Polish travellers for relaxation and tropical charm. Many Polish visitors also explore eco-tourism options, including trekking in Sapa and visiting rural areas.
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