March 11, 2025
Vietnam housing and utilities costs rise in February: CPI data
Housing, electricity, water, fuel, and construction materials costs in Vietnam increased by 0.55 percent in January, contributing 0.1 percentage points to the Vietnam’s Consumer Price Index. The rise was driven by increased housing demand and higher utility costs, according to Vietnam’s General Office of Statistics.
Vietnam’s coal imports rise 8.52 percent in February 2025
Vietnam’s coal imports increased by 8.52 percent month-on-month in February, reaching US$610.90 million, according to Vietnam’s General Department of Customs. This follows a total of US$562.93 million in January, bringing the year-to-date coal imports to US$1.17 billion.
Vietnam’s crude oil extraction declines by 7.9% in February 2025
Vietnam’s crude oil extraction has experienced a minor dip in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country extracted 653,000 tons of crude oil in January 2025. In February, this figure decreased slightly to 610,000 tons.
US pulls out of Vietnam green energy funding agreement
The United States has backed out of the International Partners Group, the bloc of wealthy nations providing funding under Vietnam’s Just Energy Partnership Agreement signed back in 2022. This was not surprising given that the US announced it would be taking a step back from its lead role in implementing Indonesia’s JETP last month.
Vietnam Ministry suggests no photo ID for social media account verification
The Ministry of Public Security has suggested that social networks and communication services should not be allowed to require users to submit photos of their identification or citizen identification cards for account verification. The Ministry has suggested this could breach Vietnam’s Personal Data Protection regulations.
Vietnam’s wood and wooden products exports decline by 27.69 percent in February 2025
Vietnam’s wood and wooden products exports dropped by 27.69 percent in February compared to January, amounting to US$1.03 billion, according to data from Vietnam’s General Department of Customs.
Asian tourist arrivals in Vietnam decline in February
Vietnam recorded 1,491,673 tourist arrivals from Asia in February, accounting for 78.8 percent of total international visitors, according to Vietnam’s General Department of Tourism. This marks a 7.17 percent decline from January, though the year-to-date total reached 3,098,561 visitors, making up 78.2 percent of overall arrivals for the year so far.
In today’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank,
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
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
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This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It