Author: the-shiv

This archive features news articles written by our staff team. To learn more about the-shiv, visit our about page.

10 Key Manufacturing Hubs in Vietnam 2025: Key Locations & Industries

Vietnam has emerged as a prominent manufacturing hub in Southeast Asia, attracting significant foreign direct investment (FDI) and driving economic growth. The country’s strategic location, competitive labour costs, and supportive government policies have contributed to its manufacturing prowess. Several key locations have emerged as focal points for industrial development and production.

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Electricity: Vietnam raises average power price by 4.8 percent from May 10

The average retail electricity price in Vietnam will rise from VND 2,103.11 to VND 2,204.07 per kWh, a 4.8 percent increase from today, according to a press release from state power provider Electricity Vietnam (EVN). The move has been driven by rising input costs—notably coal, gas, oil, LNG, and the exchange rate—with low-cost hydropower only expected to supply 25 percent of total demand in 2025, the release says.

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Economy: Vietnam announces US$20 billion credit package to drive growth

A total of 21 commercial banks have registered to participate in a VND 500 trillion (US$20 billion) credit package to support businesses in infrastructure and digital technology, Deputy Governor Dao Minh Tu has told a press conference. The package will offer interest rates at least 1 percent lower than current commercial lending rates for a minimum of two years.

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