February 13, 2025
Vietnam’s petroleum product exports drop by 56.20 percent in January
Vietnam’s petroleum product exports fell by 56.20 percent month-on-month in January, reaching US$74.42 million, according to Vietnam’s General Department of Customs.
Vietnam’s computer and electronic product exports fall by 17.72 percent in January
Vietnam’s exports of computers, electrical products, spare parts, and components declined by 17.72 percent month-on-month in January, reaching US$6.05 billion, according to Vietnam’s General Department of Customs.
Motor vehicle manufacturing in Vietnam slows in January
Vietnam’s motor vehicle manufacturing sector recorded a 178.7 percent increase 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 234.2 percent above 2019 levels.
Vietnam’s imports of rubber products fall 23.80 percent in January
Vietnam’s imports of rubber products decreased by 23.80 percent month-on-month in January, reaching US$80.37 million, according to Vietnam’s General Department of Customs. This follows a decline from US$105.48 million recorded in December.
Accommodation and food services sector in Vietnam records US$13.63 million in January FDI
In January, Vietnam’s accommodation and food services sector registered a total of US$13.63 million in new foreign direct investment (FDI) across seven new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$8.2 million compared to December, which saw US$21.8 million in registered capital. However, the number of new projects increased from two in December.
Housing and utility costs in Vietnam rise .35 percent in January
Housing, electricity, water, fuel, and construction material costs in Vietnam increased by 0.35 percent in January, contributing 0.07 percentage points to the Vietnam’s Consumer Price Index. House rentals saw the highest increase at 0.84 percent, while home repair services rose by 0.74 percent.
Vietnam’s imports of machines, equipment, tools, and instruments fall 14.77 percent in January
Vietnam’s imports of machines, equipment, tools, and instruments dropped by 14.77 percent month-on-month in January, reaching US$3.99 billion, according to Vietnam’s General Department of Customs. This follows a decrease from US$4.69 billion recorded in December.
Chinese tourist arrivals in Vietnam surge in January
Vietnam welcomed 574,950 tourists from China in January, making up 27.8 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This marks a 48.2 percent increase from December and a significant 137.4 percent rise year-on-year.
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