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March 20, 2025 news
‘Other goods and services’ costs in Vietnam record February rise: CPI data
The cost of other goods and services in Vietnam increased by 0.18 percent in February, driven by rising prices in personal care and luxury items, according to the Vietnam’s Consumer Price Index.
Vietnam’s ores and other minerals imports rise 17.96 percent in February 2025
Vietnam’s ores and other minerals imports increased by 17.96 percent month-on-month in February, reaching US$236.97 million, according to Vietnam’s General Department of Customs. This brings total year-to-date imports to US$436.16 million, reflecting sustained demand for raw materials.
Vietnam’s fishery product imports rise 10.24 percent in February 2025
Vietnam’s fishery product imports increased by 10.24 percent month-on-month in February, reaching US$258.06 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$234.09 million, bringing year-to-date imports to US$491.63 million.
Vietnam’s processed seafood production increases by 14.7% in February 2025
Vietnam’s processed seafood production has seen significant growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 485,900 tons of processed seafood in January 2025. In February, this figure decreased slightly to 484,000 thousand tons.
Vietnam’s F&B industry revenue jumps 16.6 percent in 2024: Report
Vietnam’s food and beverage (F&B) industry revenue reached VND 688.8 trillion or US$27.55 billion in 2024, marking a 16.6 percent increase from 2023. However, growth was uneven throughout the year, with a noticeable difference between the first and last six months, according to the iPOS F&B Industry Report 2024.
Vietnam’s automotive market to grow 4.1 percent a year through 2030: PWC report
Vietnam’s automotive industry is expected to see steady growth, with vehicle sales projected to increase at a 4.1 percent annual rate through 2030. Strong economic expansion, rising consumer demand, and government incentives are driving growth, though infrastructure gaps and financial constraints remain challenges, according to PWC’s ASEAN-6 Automotive Market Snapshot (Feb 2025).
ADB to invest US$150 million in Vietnam’s private education sector
The Asian Development Bank (ADB) has announced its first private sector investment in Vietnam’s education sector, leading a US$150 million sustainability-linked loan to Vinschool. The loan will reportedly support new facilities for 20,400 students in Hanoi, Ho Chi Minh City, and Hung Yen, The Asset is reporting.
Vietnam’s fertilizers exports rise by 21.67 percent in February 2025
Vietnam’s fertilizers exports increased by 21.67 percent in February 2025 compared to January, reaching US$73.87 million, according to data from Vietnam’s General Department of Customs.