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Day: April 28, 2025
Vietnam’s animal fodder exports increase by 30.93 percent in March 2025
Vietnam’s animal fodder exports rose by 30.93 percent in March compared to February, reaching US$110.04 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s ore and mineral imports jumped nearly 30 percent in March
Vietnam imported US$308 million worth of ores and other mineral products in March, a 29.97 percent increase from February, according to Vietnam’s General Department of Customs. This brought the year-to-date total to US$747.04 million.
Vietnam’s cement output up 4.0 percent year-on-year in Q1
Vietnam’s cement production reached 14.4 million tons in March, up from 11.1 million tons in February, showing a 1.5 percent increase compared to March 2024. Total output for the first quarter stood at 36.9 million tons, up 4.0 percent year-on-year, according to data from the General Statistics Office.
Economy: World Bank cuts Philippines growth outlook for 2025
The World Bank has downgraded its growth forecast for the Philippines to 5.3 percent for 2025, down from the 6.1 percent projection made in October 2024, according to its April 2025 World Bank East Asia and the Pacific Economic Update.
Economy: World Bank cuts Vietnam’s 2025 growth forecast
Vietnam’s growth outlook for 2025 has been significantly downgraded by the World Bank, with projections falling to 5.8 percent from 6.5 percent forecast in October 2024, according to its April 2025 World Bank East Asia and the Pacific Economic Update.
Economy: World Bank trims Indonesia growth forecast for 2025
The World Bank has downgraded Indonesia’s economic growth forecast for 2025 to 4.7 percent, down from the 5.1 percent projected in October 2024, according to its April 2025 World Bank East Asia and the Pacific Economic Update.
Dairy: Vietnam’s Vinamilk sees minimal impact from US tariffs, optimistic on growth
Vietnam’s largest dairy producer Vinamilk expects minimal disruption from US reciprocal tariffs due to its strong domestic focus, CEO Mai Kieu Lien told shareholders at the 2025 AGM on Friday, as reported by The Investor.
Vietnam’s pastry and cereal exports up 23.55 percent in March
Vietnam’s exports of pastry, sweets and cereal products rose 23.55 percent month-on-month in March, reaching US$107.91 million, according to data from Vietnam’s General Department of Customs.
Retail: Mobile World confident of growth in Vietnam despite tariff headwinds
Vietnamese retail giant Mobile World Investment Corporation (MWG) expects to continue growing even if the market stagnates or retreats, chairman Nguyen Duc Tai told shareholders at the company’s 2025 AGM on Saturday, English language news site, The Investor has reported.
Banking: BIDV flags risk to US$11.6 billion credit portfolio from US tariffs
At its 2025 annual general meeting, BIDV Chairman Phan Duc Tu warned that US “reciprocal” tariffs could affect around VND 300 trillion (US$11.58 billion) of the bank’s outstanding loans, representing 15 percent of its total credit balance. Industries most at risk include steel, plastics, seafood, textiles, and electronics, Cafe F is reporting.
Vietnam’s healthcare costs rise slightly in March amid seasonal illness and pricing updates
Vietnam’s consumer price index (CPI) for drugs and medical services rose by 0.13% in March 2025, contributing 0.01 percentage point to overall inflation. The increase was driven by updated public service pricing and higher demand for common medicines amid seasonal illness in the north, according to data from the General Statistics Office.
Labour Market Report
Q1 2025
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