Author: the-shiv
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.
Vietnam’s rubber product imports rose nearly 17 percent in March
Vietnam imported US$103.89 million worth of rubber products in March, up 16.64 percent from February, according to Vietnam’s General Department of Customs. This brought the year-to-date total to US$274.52 million.
Vietnam’s motor vehicle imports rose nearly 18 percent in March
Vietnam imported US$445.12 million worth of motor vehicles in March, up 17.87 percent from February, according to Vietnam’s General Department of Customs. This brought total imports for the first quarter to US$982.60 million.
Vietnam’s leather footwear output up 9.1 percent year-on-year in Q1
Vietnam’s production of leather shoes and sandals reached 28.4 million pairs in March, up from 26.6 million pairs in February, marking an 8.9 percent increase compared to March 2024. Total output for the first quarter stood at 80.9 million pairs, up 9.1 percent year-on-year, according to data from the General Statistics Office.
Vietnam Industry Guide 2025: Manufacturing, Tech, Footwear & More
Vietnam’s economy has experienced rapid growth over recent decades, driven by a diverse range of key industries that contribute significantly to the nation’s GDP. These industries have been pivotal in transforming Vietnam from a primarily agrarian society into one of the fastest-growing economies in Southeast Asia.
Vietnam’s paper exports rise by 17.13 percent in March
Vietnam’s exports of paper and paper products rose 17.13 percent in March compared to February, reaching US$182.03 million, according to data from Vietnam’s General Department of Customs.
Household appliance prices rise modestly in March, led by washing machines and air conditioners
The consumer price index (CPI) for household equipment and appliances rose by 0.13% in March 2025 compared to the previous month, reflecting slight increases across both essential electronics and home goods, according to data from the General Statistics Office.
Vietnam’s casual clothing output up 14.3 percent year-on-year in Q1
Vietnam’s casual clothing production reached 492.8 million pieces in March, up from 441.0 million pieces in February, reflecting a 15.9 percent increase compared to March 2024. Total output for the first quarter stood at 1.39 billion pieces, up 14.3 percent year-on-year, according to data from the General Statistics Office.
Vietnam’s plastics imports rose 3 percent in March
Vietnam imported US$1.09 billion worth of plastics in March, up 3.01 percent from February, according to Vietnam’s General Department of Customs. Total year-to-date imports reached US$3.02 billion.
Vietnam’s milk imports fall 6.6 percent in March
Vietnam imported US$114.23 million worth of milk and milk products in March, down 6.64 percent from February, according to Vietnam’s General Department of Customs. This brought the total value for the first quarter to US$340.44 million.
Vietnam’s mineral exports fall 81 percent in March
Vietnam’s exports of ores and other mineral products fell sharply by 80.98 percent in March compared to February, totalling just US$5.73 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s housing and construction costs rise in March amid strong rental demand
The consumer price index (CPI) for housing, electricity, water, fuel, and construction materials rose by 0.5 percent in March 2025, contributing 0.09 percentage points to overall CPI growth. The increase was largely driven by higher rents and input material costs, while declines in utility and fuel prices provided some offset, according to data from the General Statistics Office.
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