February 5, 2025
Vietnam’s casual clothes production estimated to reach 7.42 billion pieces in 2024
In November 2024, the country produced 663.6 million pieces of casual clothes, showing solid output despite a slight increase in December.
Vietnam’s exports of clinker and cement rise by 4.02 percent in December
Vietnam’s exports of clinker and cement total US$1.14 billion for 2024, reflecting strong demand in several key markets.
Vietnam FDI Source Country Tracker: January Update [data set]
China was the leading foreign direct investor in Vietnam in terms of the number of projects initiated in December with 85 new projects. South Korea, however, was the biggest investor in terms of registered Capital adding US$1.25 billion in capital, according to data from the Ministry of Planning and Investment. Notably there was a significant drop across the board in terms of new projects and capital, however, the last week of January was the Lunar New Year break with government offices closed for five days.
Vietnam’s still image, video cameras, and parts thereof exports decline by 0.76 percent in December
Vietnam’s exports of still image, video cameras, and parts thereof total US$8.02 billion for 2024, reflecting consistent demand from major markets like China and the USA, despite some fluctuations…
Outbound FDI in January for Vietnam tops US$83 million
In January, Vietnamese investors invested in 10 new projects abroad, with no changes to the investment capital, bringing Vietnam’s total investment abroad to more than US$83 million. This represents a 5.1 times increase compared to the same period last year.
Luxembourg sees decline in foreign direct investment in Vietnam in December
In 2024, Luxembourg invested in 4 new projects with US$140.06 million in newly registered capital.
Vietnam’s wood and wooden product imports rise by 11.40 percent in December
China remained the largest supplier, exporting US$117.37 million in December, a 13.66 percent increase month-on-month. Laos and France showed notable growth, with imports rising 36.48 percent and 46.05 percent, respectively. Imports from Congo nearly doubled, surging 96.14 percent to US$6.15 million. Brazil and New Zealand also recorded significant increases of 38.44 percent and 24.06 percent, respectively.
Philippine tourist arrivals to Vietnam decline slightly in December but show strong annual growth
Filipino travellers are attracted to Vietnam for its cultural and historical sites, such as Hanoi’s Old Quarter, the Cu Chi Tunnels, and Hoi An Ancient Town. Beach destinations like Da Nang and Phu Quoc also appeal to leisure tourists, while Ho Chi Minh City is a popular choice for shopping and dining experiences.
Vietnam’s truck market to grow by US$1.5 billion by 2028: report
Vietnam’s truck market is projected to expand by US$1.5 billion between 2023 and 2028, registering a compound annual growth rate of 8.05 percent, according to Technavio. This growth is driven by the country’s expanding economy and the increasing demand for goods transportation and logistics management, the report says.
Oversupply of cement causing headache for Vietnam cement makers
Vietnam cement makers have a capacity of 122.34 million tons of cement a year, however, the local market is expected to absorb just 65 million tons in 2025. Moreover, cement exports are expected to reach a maximum of 35 million tons leaving an excess supply of roughly 25 million tons, according to the Ministry of Construction.
Complaint lodged with EU trade body RE: Vietnam EVFTA human rights compliance
The International Federation for Human Rights (FIDH) has lodged a complaint with the European Commission’s trade department arguing that an “…ongoing crackdown on human rights defenders working on sustainable development violates the EU-Vietnam Free Trade Agreement”.
Vietnam electric vehicle registration exemption to end March 1
A freeze on registration fees for electric vehicles in Vietnam is set to come to an end at the end of the month. It will, however, be replaced with a 50 percent reduction in registration fees for electric vehicles for the next two years.
Vietnam’s Hanoi sees contraction in new FDI in 2024
The growth in FDI reflects Hanoi’s sustained role as a major business and investment hub in Vietnam. The city continues to attract foreign investors across various sectors, including manufacturing, technology, and services, driven by its highly educated workforce, well-developed infrastructure, and favourable business environment.
Vietnam’s iron ore mining shows sharp decline in December 2024
Year-on-year, the sector experienced robust growth of 23.5 percent in December 2024 compared to December 2023. However, for the entire year of 2024, iron ore mining recorded an 11.2 percent decline compared to 2023, indicating significant challenges over the longer term.
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
In today’s Vietnam news: Thailand vs Vietnam tourism, India missile purchase final stages, Airport rail connections Long Thanh, BESS development Northern Vietnam, New US
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