April 2, 2025
Vietnam’s imports from the Philippines up 6 percent in February
Vietnam imported US$232.45 million worth of goods from the Philippines in February 2025, a 6.01 percent increase from US$219.30 million in January, according to Vietnam’s General Department of Customs. This brought total imports from the Philippines over the first two months of the year to US$451.66 million.
Vietnam’s imports from the UK edge down in February
Vietnam imported US$65.73 million worth of goods from the United Kingdom in February 2025, slightly down by 1.15 percent from January’s US$66.50 million, according to Vietnam’s General Department of Customs. This brought year-to-date imports from the UK to US$132.26 million.
Vietnam’s life insurance market to contract in 2025, but recovery expected in 2026
Vietnam’s life insurance market is projected to shrink by 1.3 percent in 2025, with gross written premiums (GWP) falling to VND 146.1 trillion (US$6.0 billion), according to GlobalData. This follows successive contractions of 12 percent in 2023 and an estimated 5.7 percent in 2024, driven by a collapse in consumer trust linked to bancassurance sales misconduct.
Ducati closes Hanoi showroom amid weak demand in northern Vietnam
Ducati Vietnam will shut down its only northern showroom in Hanoi, citing low performance and limited demand in the region. The decision leaves Ho Chi Minh City as the brand’s sole dealership location in the country, VN Express is reporting.
Vietnam’s electricity output surges, but efficiency lags behind regional peers
Vietnam’s electricity efficiency — measured by how much electricity is consumed per US$1,000 of GDP — remains significantly lower than regional peers, according to an op-ed by Dr. Le Hai Hung, Director of the Institute of Research and Application of Technology (IRAT) and published by VietnamNet. Specifically, Vietnam consumes nearly 2.8 times more electricity than Indonesia and 2.4 times more than the Philippines to generate the same economic value.
Vietnam dong weakens 0.06 percent as central bank slows repo injections
This Vietnamese Dong Tracker records the latest news and developments with respect to the local currency. It includes the current prices as well as State Bank of Vietnam monetary policy and open market operations including treasury bill issuances and interbank lending.
Vietnam’s plastics exports rise by 30.66 percent in February 2025
Vietnam’s exports of plastics increased by 30.66 percent in February compared to January, reaching US$206.2 million, according to data from Vietnam’s General Department of Customs.
Could Vietnam Benefit From a Bit of Polish ‘Shock Therapy’?
Vietnam wants to develop fast but this will require significant economic reforms and for those reforms to be implemented quickly. But whereas there is a tendency to look regionally for economic models to emulate, it might also be worth looking to the ex-Soviet Eastern European states, like Poland, which went from a low-income to high-income economy in only a few decades. With this in mind, this article looks at what Poland did that allowed for such a rapid change in its fortunes and whether or not Vietnam can do the same.
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
In today’s Vietnam news: Thailand vs Vietnam tourism, India missile purchase final stages, Airport rail connections Long Thanh, BESS development Northern Vietnam, New US
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
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It