March 13, 2025

Vietnam rare earth reserves estimate plummets in latest US Geological Survey

The United States Geological Survey’s Mineral Commodity Summaries 2025 report has revised down Vietnam’s estimated rare earth reserves from 22 million tons to 3.5 million tons. The report doesn’t provide specific details as to why its estimate has changed other than to say it was  “based on company and Government reports.” This change would make Vietnam’s rare earth reserves the sixth biggest in the world.

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American tourist arrivals in Vietnam decline slightly in February

Vietnam recorded 116,971 tourist arrivals from the Americas in February, accounting for 6.2 percent of total international visitors, according to Vietnam’s General Department of Tourism. This marks a 2.24 percent decline from January, though the year-to-date total reached 236,627 visitors, making up 6.0 percent of overall arrivals.

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5,459 Vietnamese worth more than US$10 million: Frank Knight

The Frank Knight Wealth Report 2025 has found that Vietnam has 5,459 individuals worth more than US$10 million. Compared to the other ASEAN states in the report this has Vietnam ranked last, however, per 100,000 of population it would rank fourth above Indonesia and the Philippines.

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World Bank report forecasts Vietnam GDP of 6.8 percent in 2025

In its March, Taking Stock report, the World Bank has said it foresees GDP growth for Vietnam of 6.8 percent in 2025 falling to just 6.5 percent growth in 2026. This, the report suggests, will be in line with economic slowdowns in major trading partners (China and the US) and uncertain global trade policies.

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