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January 22, 2025
Vietnam’s beverage production grows moderately in December 2024
Year-on-year, the sector expanded by 5.9 percent in December 2024 compared to December 2023. Over the full year of 2024, cumulative growth was recorded at 1.4 percent compared to 2023, reflecting moderate overall progress.
Vietnam’s fresh milk production estimated to reach 2.05 billion liters in 2024
In November 2024, the country produced 176.7 million liters of fresh milk, maintaining a solid output despite a slight increase in December.
Vietnam’s iron and steel products exports rise by 23.05 percent in December
Vietnam’s iron and steel products exports total US$4.59 billion for 2024.
Vietnam’s cosmetics and toiletries production posts steady annual growth
Year-on-year, the sector declined by 7.4 percent in December compared to December 2023. However, for the full year of 2024, cumulative growth reached 8.3 percent compared to 2023, demonstrating a solid annual performance despite the December dip.
Vietnam’s imports of animal and vegetable fats and oils rise by 4.90 percent in December
Indonesia was the largest supplier, contributing US$78.64 million, a 22.05 percent increase from November. Imports from Australia and India also saw significant growth, rising by 39.61 percent and 21.57 percent, respectively. The “Other” category experienced the highest growth, increasing by 22.41 percent to US$5.87 million.
Vietnam’s chemical product imports increase by 5.65 percent in December
China remained the largest supplier, exporting US$290.89 million worth of chemical products, reflecting a 10.66 percent month-on-month increase. South Korea followed, contributing US$80.40 million, a 7.21 percent rise. Imports from Thailand and Germany also showed significant growth, rising 8.20 percent and 10.01 percent, respectively.
What Recent Traffic Reforms Say About Doing Business in Vietnam
Change is afoot on the typically chaotic streets of Vietnam with significantly increased fines introduced at the start of the year for a myriad of traffic violations. These changes can in many ways be seen as a proxy for Vietnam’s economic development more broadly. Here’s how.
Samoa sees jump in foreign direct investment in Vietnam in December
In 2024, Samoa recorded investments in in Vietnam to the tune of 45 new projects with US$855.55 million in newly registered capital…
European tourist arrivals in Vietnam rise in December
From January to December, the total number of European visitors reached 1,995,669, reflecting a 36.8 percent year-on-year growth. Key markets include countries such as the UK, France, Germany, and Russia, which continue to contribute significantly to the inbound European tourism segment.
Vietnam’s real estate sector sees strong growth in FDI in December
In 2024, the sector attracted a total of 81 new projects with US$6.31 billion in newly registered capital…
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