April 30, 2025
Vietnam’s cashew nut exports surge by 92.44 percent in March
Vietnam’s cashew nut exports rose sharply by 92.44 percent in March compared to February, reaching US$384.19 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s imports of motor vehicle parts rose nearly 17 percent in March
Vietnam imported US$480.83 million worth of parts and accessories of motor vehicles in March, up 16.78 percent from February, according to Vietnam’s General Department of Customs. The year-to-date import value stood at US$1.27 billion.
Vietnam’s rolled steel output down 1.8 percent year-on-year in Q1
Vietnam’s rolled steel production reached 1,136,300 tons in March, up from 1,065,100 tons in February, but 3 percent lower than the same month last year. Total output for the first quarter stood at 3,340,700 tons, reflecting a 1.8 percent year-on-year decline, according to data from the General Statistics Office.
Dairy: TH Group to invest US$234 million in southern Vietnam factory expansion
Vietnamese dairy giant TH true MILK plans to build a US$234 million (VND6.07 trillion) factory in Binh Duong province to produce milk, yoghurt, ice cream, and non-alcoholic beverages, with phased development through 2037, English language news site, The Investor is reporting.
Automotive: Vietnam’s luxury car market reaches US$1.9 billion, slow growth projected through 2033
Vietnam’s luxury car market reached a valuation of US$1.9 billion in 2024 and is projected to grow modestly to US$2.1 billion by 2033, according to a new report by IMARC Group. Rising affluence, urban expansion, and social status-driven purchases are supporting demand, though the compound annual growth rate (CAGR) is expected to remain low at 1.15 percent.
Tourism & Hospitality: Dusit Hotels and Resorts set to make Vietnam capital debut
Thai hospitality group Dusit Hotels and Resorts will open Dusit Le Palais Tu Hoa Hanoi on May 9, 2025, marking its firs foray into the capital with a 207-room luxury property overlooking West Lake, Hospitality Net has reported.
Consumer goods: Vietnam’s online premium cosmetics market to triple by 2033
Vietnam’s online premium cosmetics market is set to surge from US$265.15 million in 2024 to over US$643.86 million by 2033, driven by Gen Z consumers, tech innovation, and eco-conscious spending, according to a report from Astute Analytica
Energy: Vietnam PM pushes for US$6 billion gas deal with US to stabilise trade
Vietnam’s Prime Minister has ordered urgent negotiations to finalise a US$6 billion methanol gas import agreement with the United States, framing it as a cornerstone of efforts to balance trade and defuse tariff tensions. The PM has said he expects a deal to be finalised in May, according to Cafe F.
Marx to the Market: A Brief History of Vietnam’s Post-Reunification Economic Development
Fifty years ago this month, the citizens of Ho Chi Minh City were watching the skies as US military helicopters evacuated the last of their personnel. Conversely, this month, in 2025, the citizens of Ho Chi Minh City looking skyward are unlikely to see US helicopters and instead more likely to see the VN Pay logo made up of tens of hundreds of drones. An advertisement for a banking and finance app to be sure, this is also largely emblematic of just how far Vietnam’s economic ideology has shifted in the last 50 years.
Vietnam’s petroleum product exports surge 65.74 percent in March
Vietnam exported petroleum products worth US$117.75 million in March, a 65.74 percent increase from February, according to data from Vietnam’s General Department of Customs.
Telecom prices edge up slightly in March despite drop in smartphone and tablet costs
The consumer price index (CPI) for the postal and telecommunications group rose 0.02% in March 2025, as minor increases in phone equipment and repair services were mostly offset by lower prices for smart devices and accessories, according to data from the General Statistics Office.
In today’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank,
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
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