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Day: January 21, 2025
Vietnam’s Binh Duong continues strong FDI performance in 2024
The ongoing growth in FDI highlights Binh Duong’s continued attractiveness as a key industrial and manufacturing hub in Vietnam…
Vietnam’s insulated wires and cables exports rise by 3.81 percent in December
The rise in exports was driven by significant growth in shipments to the USA, which saw a 14.18 percent increase, amounting to US$101.43 million. Exports to Australia also showed strong growth, increasing by 47.99 percent, reaching US$4.21 million.
Vietnam household equipment and appliances prices in December 2024
Over the full year, prices for household equipment and appliances showed an overall increase of 1.27 percent compared to 2023, indicating a modest growth trend for the sector.
Vietnam’s pharmaceutical production grows steadily in 2024
Year-on-year, the sector posted a modest growth of 0.5 percent in December compared to December 2023. However, for the full year of 2024, cumulative growth reached 7.3 percent compared to 2023, highlighting consistent annual progress.
Vietnam’s iron and steel exports decline by 11.08 percent in December
Vietnam’s iron and steel exports total US$9.08 billion for 2024, reflecting strong demand despite the month-on-month decline.
Switzerland sees decline in foreign direct investment in Vietnam in December
In 2024, Switzerland invested in 13 new projects with US$103.21 million in newly registered capital…
Vietnam’s imports of essential oils, cosmetics, and toiletries rise by 3.28 percent in December
Singapore remained the largest supplier, contributing US$33.81 million, though this marked a slight decline of 2.28 percent compared to November. South Korea recorded the highest growth, with imports rising by 28.95 percent to US$22.42 million. France and Italy also posted significant increases, with imports growing by 25.12 percent and 24.95 percent, respectively.
Vietnam’s petroleum product imports surge by 48.16 percent in December
Singapore emerged as the leading supplier in December, with exports to Vietnam doubling to US$369.66 million, a 100.00 percent increase. South Korea followed, exporting US$206.84 million, a 26.70 percent rise from the previous month. Imports from Malaysia also showed significant growth, climbing 48.53 percent to US$105.69 million.
Malaysian tourist arrivals to Vietnam grow by 12.47 percent in December
Malaysian tourists are drawn to Vietnam’s cultural landmarks, bustling cities, and shopping opportunities. Popular destinations include Hanoi and Ho Chi Minh City, where visitors enjoy markets, historical sites, and street food experiences.
Vietnam’s higher education market projected to grow by US$616.5 million by 2029
Vietnam’s higher education market is forecast to expand by US$616.5 million, growing at a compound annual growth rate (CAGR) of 15.6 percent from 2024 to 2029, according to a report from Technavio…
Vietnam’s footwear manufacturing sees significant growth in 2024
Year-on-year, the sector posted a robust growth of 23.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 13.7 percent compared to 2023, highlighting strong performance throughout the year.
Labour Market Report
Q1 2025
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