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Day: April 26, 2025
Vietnam’s casual clothing output up 14.3 percent year-on-year in Q1
Vietnam’s casual clothing production reached 492.8 million pieces in March, up from 441.0 million pieces in February, reflecting a 15.9 percent increase compared to March 2024. Total output for the first quarter stood at 1.39 billion pieces, up 14.3 percent year-on-year, according to data from the General Statistics Office.
Vietnam’s plastics imports rose 3 percent in March
Vietnam imported US$1.09 billion worth of plastics in March, up 3.01 percent from February, according to Vietnam’s General Department of Customs. Total year-to-date imports reached US$3.02 billion.
Vietnam’s milk imports fall 6.6 percent in March
Vietnam imported US$114.23 million worth of milk and milk products in March, down 6.64 percent from February, according to Vietnam’s General Department of Customs. This brought the total value for the first quarter to US$340.44 million.
Vietnam’s mineral exports fall 81 percent in March
Vietnam’s exports of ores and other mineral products fell sharply by 80.98 percent in March compared to February, totalling just US$5.73 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s housing and construction costs rise in March amid strong rental demand
The consumer price index (CPI) for housing, electricity, water, fuel, and construction materials rose by 0.5 percent in March 2025, contributing 0.09 percentage points to overall CPI growth. The increase was largely driven by higher rents and input material costs, while declines in utility and fuel prices provided some offset, according to data from the General Statistics Office.
Beer: Vietnam’s Sabeco to double down on local market amid tariff risks
Sabeco will focus its strategy on the domestic Vietnamese market rather than export markets, CEO Lester Tan Teck Chuan told shareholders at the company’s 2025 annual general meeting. Exports currently account for just 1 percent of Sabeco’s revenue, and rising global risks, including potential U.S. reciprocal tariffs on aluminum, have reinforced the brewer’s domestic focus, English news site The Investor is reporting.
Cosmetics: Vietnam market set to reach US$2.8 billion by 2033: Report
Vietnam’s cosmetics market is undergoing a rapid transformation, with the market size projected to grow from US$1.7 billion in 2024 to US$2.8 billion by 2033, according to IMARC Group. The industry is expected to record a compound annual growth rate (CAGR) of 5.3% during 2025-2033.
Bestway International launches US$300 million factory in Vietnam’s Can Tho City
Chinese group Bestway International has officially launched a US$300 million investment project in Can Tho city, marking a major boost for large-scale foreign investment in the Mekong Delta region, Vietnam’s English language news site, Vietnam Plus is reporting.
Labour Market Report
Q1 2025
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