February 24, 2025
Vietnam’s iron and steel product exports fall by 13.25 percent in January
Vietnam’s exports of iron and steel products declined by 13.25 percent month-on-month in January, reaching US$438.99 million, according to Vietnam’s General Department of Customs.
Communication equipment manufacturing in Vietnam sees January decline
Vietnam’s communication equipment manufacturing industry increased by 75.7 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 96.6 percent above 2019 levels.
Vietnam’s imports of essential oils and cosmetics fall 29.82 percent in January
Vietnam’s imports of essential oils, resinoids, perfumery, cosmetic, and toilet preparations fell by 29.82 percent month-on-month in January to US$93.32 million, according to Vietnam’s General Department of Customs. This follows a decline from US$132.97 million recorded in December.
Vietnam’s exports of ceramic products fall 25.46 percent in January
Vietnam’s exports of ceramic products decreased by 25.46 percent month-on-month in January, reaching US$54.54 million, according to Vietnam’s General Department of Customs. This follows a decline from US$73.18 million recorded in December.
Vietnam’s imports of pharmaceutical products fall 51.24 percent in January
Vietnam’s imports of pharmaceutical products decreased by 51.24 percent month-on-month in January, reaching US$252.63 million, according to Vietnam’s General Department of Customs. This follows a sharp decline from US$518.17 million recorded in December.
Japanese firms contribute US$599.09 million to Vietnam’s January FDI tally
In January, Japanese firms invested US$599.09 million in foreign direct investment (FDI) in Vietnam across 21 new projects, according to data from Vietnam’s Ministry of Planning and Investment. This marks an increase of US$710.96 million in registered capital compared to December, which saw a negative balance of US$111.87 million across 25 new projects.
Vietnam’s textile and garment exports drop 5.81 percent in January
Vietnam’s exports of textiles and garments fell 5.81 percent month-on-month to US$3.19 billion in January, according to Vietnam’s General Department of Customs.
Philippine tourist arrivals in Vietnam increase in January
Vietnam welcomed 34,578 tourists from the Philippines in January, accounting for 1.7 percent of total international visitors, according to Vietnam’s General Department of Tourism. This marks an 8.7 percent increase from December and a significant 104.9 percent rise year-on-year.
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