February 10, 2025
Vietnam’s iron and steel production remains elevated despite January decline
Vietnam’s iron, steel, and cast iron production surged by 225.2 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this marked a decline from December 2024, when output was up 260.2 percent from 2019 levels.
Food and catering service costs in Vietnam increase in January
Food and catering service costs in Vietnam rose by 0.74 percent in January, contributing 0.25 percentage points to the Vietnam’s Consumer Price Index. The increase was driven by food prices rising 0.3 percent, while foodstuff saw a larger gain of 0.97 percent, contributing 0.21 percentage points to the overall CPI.
Water supply and waste treatment sector in Vietnam records US$73.8 million in January FDI
In January, Vietnam’s water supply and waste treatment sector registered a total of US$73.8 million in new foreign direct investment (FDI) across three new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$26.5 million compared to December, which saw US$100.3 million in registered capital. No new projects were recorded in December.
American tourist arrivals in Vietnam surge in January
Vietnam welcomed 119,656 tourists from the Americas in January, making up 5.8 percent of total international visitors, according to Vietnam’s General Department of Tourism. This represents a 29.8 percent increase from December and a 23.1 percent rise year-on-year.
Petrol stations run dry in parts of Vietnam as falling fuel prices squeeze retailers’ margins, despite petrol dropping below US$0.76 per litre. Meanwhile, the
Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
Vietnam’s central bank moves to rebuild foreign exchange reserves despite mounting inflation pressures, raising questions about the government’s economic strategy. Meanwhile, reports of Vingroup-linked
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