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Day: February 23, 2025
Vietnam’s iron and steel exports rise by 15.10 percent in January
Vietnam’s iron and steel exports increased by 15.10 percent month-on-month in January, reaching US$611.05 million, according to Vietnam’s General Department of Customs.
Footwear manufacturing output in Vietnam sees January decline
Vietnam’s footwear manufacturing industry increased by 86.9 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 117.6 percent above 2019 levels.
Vietnam’s imports of electric consumer products fall 4.79 percent in January
Year-to-date, Vietnam’s total imports of these products stood at US$198.94 million. China remained the largest supplier, contributing US$79.72 million, or 40.08 percent of the total. Thailand followed with US$74.40 million, representing 37.39 percent, while Malaysia supplied US$30.91 million.
Vietnam’s exports of cashew nuts fall 30.24 percent in January
Vietnam’s exports of cashew nuts decreased by 30.24 percent month-on-month in January, reaching US$254.27 million, according to Vietnam’s General Department of Customs. This follows a decline from US$364.51 million recorded in December.
Vietnam’s imports of pharmaceutical materials fall 31.42 percent in January
Vietnam’s imports of pharmaceutical materials decreased by 31.42 percent month-on-month in January, reaching US$36.62 million, according to Vietnam’s General Department of Customs. This follows a decline from US$53.39 million recorded in December.
Singapore firms contribute US$1.24 billion to Vietnam’s January FDI tally
In January, Singaporean firms contributed US$1.24 billion in foreign direct investment (FDI) to Vietnam across 39 new projects, according to data from Vietnam’s Ministry of Planning and Investment. This marks an increase of US$176.67 million in registered capital compared to December, which saw US$1.07 billion invested across 54 new projects.
Vietnam’s textile, leather and footwear materials exports drop 2.33 percent in January
Vietnam’s exports of textile, leather, and footwear materials fell 2.33 percent month-on-month to US$189.23 million in January, according to Vietnam’s General Department of Customs.
Thai tourist arrivals in Vietnam remain steady in January
Vietnam recorded 40,464 tourist arrivals from Thailand in January, representing 2.0 percent of total international visitors, according to Vietnam’s General Department of Tourism. This figure reflects a slight 0.8 percent decline from December and a marginal 0.2 percent drop year-on-year.
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