Author: the-shiv
Furniture: Vietnam’s home furniture market to reach US$687.77 million by 2030: Report
Vietnam’s home furniture market is projected to grow from US$429.58 million in 2025 to US$687.77 million by 2030, achieving a compound annual growth rate (CAGR) of 9.87 percent, according to a report from Mordor Intelligence→view source.
Manufacturing: Japan’s NSG exits Vietnam float glass venture
Japan’s NSG Group has completed the transfer of its entire 65 percent equity stake in Vietnam Float Glass Co., Ltd. (VFG) to long-time joint venture partner Viglacera Corporation JSC, the firm has said in a statement. This is part of a shift in focus to high-value-added products.
Crude oil: Vietnam exports plunge 38.36% in May
Vietnam’s exports of crude oil reached US$95.18 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This marks a significant decrease of 38.36 percent compared to April, bringing the year-to-date (YTD) export value to US$595.99 million.
Vietnam Market Wrap: VN-Index rises 22.62 points as foreign investors return to net buying
The VN-Index closed at 1,338.11 on 16 June 2025, gaining 22.62 points or 1.72 percent, with total market trading value reaching VND 21,040.87 billion (approximately US$809 million). Investor sentiment was broadly positive across sectors, lifting the index to its highest close in weeks.
Wood & wooden products: Vietnam exports dip 2.50% in May
Vietnam’s exports of wood and wooden products reached US$1.41 billion in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 2.50 percent compared to April, bringing the year-to-date (YTD) export value to US$6.81 billion.
Pharmaceutical products: Vietnam imports surge by 10.29 percent in May
Vietnam’s imports of pharmaceutical products reached US$369.17 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 10.29 percent compared to April, bringing the year-to-date (YTD) import value to US$1.66 billion.
Petroleum products: Vietnam imports plunge by 16.88 percent in May
Vietnam’s imports of petroleum products reached US$480.41 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant decrease of 16.88 percent compared to April, bringing the year-to-date (YTD) import value to US$2.69 billion.
Energy: US$2.56 billion LNG power plant in Northern Vietnam’s Thai Binh to break ground this year
A US$2.56 billion liquefied natural gas (LNG) power plant project in Thai Binh province is scheduled to begin construction in late 2025, The Investor has reported. The plant, backed by Japanese firms Tokyo Gas and Kyuden Group alongside Truong Thanh Vietnam, is among 11 LNG power projects planned for commissioning between 2028 and 2029.
News Media: Vietnam’s top legislator uses press event to reaffirm Party-aligned press mission
National Assembly Chairman Tran Thanh Man has praised journalists for their role in national development while reaffirming the media’s central mission: to uphold Party directives and reflect public sentiment within an ideologically aligned framework, Vietnam News has reported.
Energy: Vietnam crude oil imports plunge by 20.19 percent in May
Vietnam’s imports of crude oil amounted to US$557.12 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant decrease of 20.19 percent compared to April, bringing the year-to-date (YTD) import value to US$3.42 billion.
Industry: Vietnam wire & cable imports up 3.52 percent in May
Vietnam’s imports of insulated wires and cables reached US$409.61 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 3.52 percent compared to April, bringing the year-to-date (YTD) import value to US$1.81 billion.
Pastry, sweets and cereals products: Vietnam exports up 5.28% in May
Vietnam’s exports of pastry, sweets, and cereals products reached US$102.63 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 5.28 percent compared to April, bringing the year-to-date (YTD) export value to US$492.76 million.
Advertising: Nestlé fined in Vietnam over misleading Milo milk advertisement
Nestlé Vietnam has been fined VND 80 million (US$3,077) and ordered to immediately remove promotional materials for its Milo barley milk after Dong Nai police ruled the company’s claims were misleading, Tuoi Tre has reported. The advertisement used unsubstantiated phrases like “best” and “only,” which authorities said could confuse or deceive consumers, violating the Law on Protection of Consumer Rights.
Tax: Vietnam excludes subsidiaries from SME tax incentives under new law
Subsidiaries and affiliated companies will not be eligible for the new preferential tax rates of 15–17 percent aimed at small and medium-sized enterprises (SMEs), under Vietnam’s amended Law on Corporate Income Tax, passed by the National Assembly on June 14, VN Express has reported. The general corporate income tax rate remains at 20 percent, while firms with annual revenues under VND 3 billion and VND 50 billion may access lower rates—unless they are linked to larger corporate groups.
Banking & finance: Vietnam records 5.5 billion cashless transactions in Q1 2025
Vietnam’s recorded 5.5 billion cashless transactions in Q1 2025 with 82 percent via digital channels, according to Nguyen Hung Nguyen, Deputy General Director of Vietnam National Payment Joint Stock Company (NAPAS) and reported by VN Express.
Real estate: Collateral to fund Vietnam’s Trump-branded resort to include factories, land, and cars
Kinh Bac City Development Holding Corporation (KBC) is making a bold financial play to support a high-profile Trump-branded complex in Hung Yen. The firm is seeking shareholder approval to unlock funding using a wide range of collateral, including land, factories, subsidiary shares—and even a luxury Lexus, Dan Viet has reported
Manufacturing: Vietnam glass & glassware exports dip 2.68% in May
Vietnam’s exports of glass and glassware reached US$108.09 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a slight decrease of 2.68 percent compared to April, bringing the year-to-date (YTD) export value to US$524.34 million.
Textiles & footwear materials: Vietnam imports slightly dip 0.86 percent in May
Vietnam’s imports of textile, leather, and footwear materials and auxiliaries reached US$637.42 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a slight decrease of 0.86 percent compared to April, bringing the year-to-date (YTD) import value to US$2.98 billion.
Plastic products: Vietnam imports surge by 12.22 percent in May
Vietnam’s imports of plastic products reached US$966.81 million in May 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant increase of 12.22 percent compared to April, bringing the year-to-date (YTD) import value to US$4.05 billion.
Tax: Vietnam to impose excise tax on soft drinks from 2027
Vietnam’s National Assembly has passed an amendment to the Law on Special Consumption Tax, introducing new excise taxes on soft drinks and revising tax schedules for alcohol, tobacco, air conditioners, and fuel, VN Express has reported.
In today’s Vietnam news: Gold below world price, Gold bar liquidity issues, Bank bond interest rates easing, SME loan access, New data storage fines,
In today’s Vietnam news: Novaland outstanding bond debts, Misleading advertising fine water purifiers, Honda EV 2W sales jump, Entry-level jobs shrinking, Hanoi rooftop solar
In today’s Vietnam news: AstraZeneca VN business change, Stock market upgrade inflows estimate Vietcap, Can Tho airport low passenger numbers concerns, VN stocks joining
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