Author: the-shiv
Currency: Vietnam dong weakens slightly, black market premium persists
The central exchange rate for the Vietnam dong rose slightly to 25,052 per US dollar today from 25,048 yesterday, up 0.02 percent, according to data from the State Bank of Vietnam (SBV). Meanwhile, black market rates, according to Ty Gia USD, continue to trade significantly higher, indicating persistent demand for US dollars outside official channels.
Manufacturing: Vietnam non-wood furniture exports dip 3.33% in May
Vietnam’s exports of furniture made from materials other than wood reached US$293.07 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a slight decrease of 3.33 percent compared to April, bringing the year-to-date (YTD) export value to US$1.49 billion.
Mining: Vietnam’s coal output rises in first five months of 2025
Vietnam produced an estimated 4.43 million tonnes of coal in May 2025, slightly up from 4.28 million tonnes in April, according to Vietnam’s National Statistics Office.
Industry: Vietnam paper products imports up 6.55 percent in May
Vietnam’s imports of paper products reached US$114.69 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 6.55 percent compared to April, bringing the year-to-date (YTD) import value to US$478.45 million.
Technology: Vietnam’s foreign tech-investment agenda has promise but faces challenges, says APEX Group’s McElhaney
Vietnam’s Resolution 57 outlines an ambitious strategy to attract foreign tech investment through tax incentives, legal reforms, and workforce development, however, successful implementation faces a number of challenges, Tyler McElhaney, Country Director at APEX Group has said in an article published by the Vietnam Investment Review.
Banking & finance: Vietnam’s credit growth exceeds 7 percent in first half of 2025
Vietnam’s total outstanding credit reached VND 16,730 trillion (about US$656 billion) as of June 18, up 7.14 percent from the end of 2024, according to the State Bank of Vietnam (SBV). This is significantly higher than the 3.87 percent growth recorded in the same period last year, The Investor has reported.
Insurance: Vietnam mandates fire and explosion insurance for 44 high-risk sectors from July 1
From July 1, 2025, Decree 105/2025/ND-CP will require 44 types of establishments at high risk of fire and explosion to purchase compulsory insurance. This includes apartment buildings, factories, and collective housing, VietnamNet has reported.
Real estate: Vietnam Trump golf course developer raises over US$157 million in private share issuance
Kinh Bac City Corporation (KBC), the firm developing the well publicised Trump-branded resort in northern Vietnam, has raised more than VND 4,100 billion (about US$157.7 million) through the sale of 174.1 million shares to nine professional investors on June 25, VN Express has reported.
Consumer goods: Vietnam glassware imports climb 2.80 percent in May
Vietnam’s imports of glass and glassware reached US$122.19 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 2.80 percent compared to April, bringing the year-to-date (YTD) import value to US$543.70 million.
Manufacturing: Vietnam wires and cables exports up 3.24% in May
Vietnam’s exports of insulated wires and cables reached US$378.03 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 3.24 percent compared to April, bringing the year-to-date (YTD) export value to US$1.69 billion.
Precious stones & metals: Vietnam imports dip 3.79 percent in May
Vietnam’s imports of precious stones, precious metals, and articles thereof reached US$77.61 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 3.79 percent compared to April, bringing the year-to-date (YTD) import value to US$387.40 million.
Agriculture: Vietnam Fertilizers imports up 9.64 percent in May, China leads the surge
Vietnam’s imports of fertilizers reached US$173.90 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 9.64 percent compared to April, bringing the year-to-date (YTD) import value to US$749.49 million.
Dairy: Vietnam milk imports jump 13.59 percent in May
Vietnam’s imports of milk and milk products reached US$126.52 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 13.59 percent compared to April, bringing the year-to-date (YTD) import value to US$578.95 million.
Rubber products: Vietnam exports dip 4.59% in May, but Indonesia and Russia show strong growth
Vietnam’s exports of rubber products reached US$124.09 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 4.59 percent compared to April, bringing the year-to-date (YTD) export value to US$580.91 million.
Agriculture: Vietnam rice exports drop 27.13% in May
Vietnam’s exports of rice reached US$408.22 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant decrease of 27.13 percent compared to April, bringing the year-to-date (YTD) export value to US$2.17 billion.
Food & beverage: Vietnam fruit & beverage imports rise 4.80 percent in May
Vietnam’s imports of fruits and vegetables reached US$195.72 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 4.80 percent compared to April, bringing the year-to-date (YTD) import value to US$987.32 million.
Consumer goods: Vietnam cosmetics imports climb 5.15 percent in May
Vietnam’s imports of essential oils and resinoids; perfumery, cosmetic or toilet preparations reached US$131.76 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 5.15 percent compared to April, bringing the year-to-date (YTD) import value to US$610.43 million.
Manufacturing: Vietnam’s luggage & accessories exports up 4.45% in May
Vietnam’s exports of handbags, purses, suitcases, headgear and umbrellas reached US$411.05 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 4.45 percent compared to April, bringing the year-to-date (YTD) export value to US$1.80 billion.
Minimum wage: Vietnam labour union proposes 9.2 percent hike from January 2026
The Vietnam General Confederation of Labor has proposed a minimum wage increase of 8.3 to 9.2 percent from January 1, 2026, citing inflation, productivity gains, and rising living costs. Employers, however, are calling for a more modest adjustment of 3 to 5 percent, Dan Tri has reported.
Real estate: Gamuda’s Vietnam sales surge 165 percent, driving property growth
Malaysian construction group Gamuda Bhd reported a sharp rise in Vietnam project sales, Bloomberg has reported. Sales were up 165 percent year-on-year over nine months.
In today’s Vietnam news: Vietnam Airlines Q2 results, Stadium renamed, More details airport investigation, Overnight interest rates, Petrol price revisions, Domestic steel price increase,
In today’s Vietnam news: Fuel supply status, Critical minerals industry commentary, Sotheby’s opens HCMC office, US international school market entry, China response US customs
In today’s Vietnam news: AMRO growth forecast revised up, New HCMC airport investigation findings, Exchange rate reaches new high, Online electronics sales, National Day
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