Author: the-shiv
Vietnam’s electricity output surges, but efficiency lags behind regional peers
Vietnam’s electricity efficiency — measured by how much electricity is consumed per US$1,000 of GDP — remains significantly lower than regional peers, according to an op-ed by Dr. Le Hai Hung, Director of the Institute of Research and Application of Technology (IRAT) and published by VietnamNet. Specifically, Vietnam consumes nearly 2.8 times more electricity than Indonesia and 2.4 times more than the Philippines to generate the same economic value.
Vietnam dong weakens 0.06 percent as central bank slows repo injections
This Vietnamese Dong Tracker records the latest news and developments with respect to the local currency. It includes the current prices as well as State Bank of Vietnam monetary policy and open market operations including treasury bill issuances and interbank lending.
Vietnam’s plastics exports rise by 30.66 percent in February 2025
Vietnam’s exports of plastics increased by 30.66 percent in February compared to January, reaching US$206.2 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s imports from Indonesia soar 46 percent in February
Vietnam imported US$1.01 billion worth of goods from Indonesia in February 2025, a sharp increase of 46.36 percent compared to US$690.99 million in January, according to Vietnam’s General Department of Customs. This brought total imports from Indonesia for the first two months of the year to US$1.70 billion.
Vietnam’s imports from the USA rise 24 percent in February
Vietnam imported US$1.44 billion worth of goods from the United States in February 2024, up 24.23 percent from January’s total of US$1.16 billion, according to Vietnam’s General Department of Customs. This brought total imports from the US in the first two months of the year to US$2.59 billion.
Vietnam’s plastic products exports fall by 14.61 percent in February 2025
Vietnam’s exports of plastic products dropped by 17.25 percent in February compared to January, reaching US$495.14 million, according to data from Vietnam’s General Department of Customs.
Industry pushes back on Vietnam EV charging station sharing proposal
A proposal to require businesses to share electric vehicle (EV) charging stations has drawn strong opposition from industry leaders and experts. The proposal, made by Dr. Tran Huu Minh of the National Traffic Safety Committee, is aimed at optimising infrastructure use — but has been criticised as undermining fair competition and private investment, according to VietnamNet.
FDI investors warn of financial distress if Vietnam retroactively revises solar FIT
Vietnam is considering retroactively adjusting the Feed-in Tariff (FIT) rates for solar energy projects raising significant concerns among foreign direct invested (FDI) enterprises. The FIT rate, initially set at 9.35 cents per kilowatt-hour (kWh) could potentially be reduced to 7.09 cents or even 4.8 cents per kWh, VN Express has reported.
Vietnam’s electricity production increases by 11.7% in February 2025
Vietnam’s electricity production has shown steady growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 21.7 billion kWh of electricity in January 2025. In February, this figure slightly decreased to 20.9 billion kWh.
Vietnam’s TV production increases by 64.6% in February 2025
Vietnam’s TV production has shown significant growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 1.71 million units of TVs in January 2025. In February, this figure increased slightly to 1.73 million units.
Vietnam’s textiles and garments exports decline by 23.49 percent in February 2025
Vietnam’s textiles and garments exports decreased by 23.49 percent in February compared to January, amounting to US$2.44 billion, according to data from Vietnam’s General Department of Customs.
Vietnam’s textile, leather, and footwear material imports rise 7.72 percent in February 2025
Vietnam’s imports of textile, leather, and footwear materials increased by 7.72 percent month-on-month in February, reaching US$528.77 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$490.89 million, bringing year-to-date imports to over US$1.01 billion.
Vietnam’s petroleum products exports decline by 4.53 percent in February 2025
Vietnam’s exports of petroleum products decreased by 17.25 percent in February compared to January, amounting to US$71.05 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s motorbike production increases by 63.7% in February 2025
Vietnam’s motorbike production has seen strong growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 235,300 thousand motorbikes in January 2025. In February, this figure increased to 266,300 thousand motorbikes.
Vietnam’s crude steel production increases by 6.4% in February 2025
Vietnam’s crude steel production has shown steady growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 1.60 million tons of crude steel in January 2025. In February, this figure increased slightly to 1.68 million tons.
Vietnam’s textile, leather, and footwear materials exports decline by 14.82 percent in February 2025
Vietnam’s textile, leather, and footwear materials exports decreased by 14.82 percent in February compared to January, amounting to US$161.19 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s mobile phone imports decline 3.36 percent in February 2025
Vietnam’s imports of mobile phones and parts dropped 3.36 percent month-on-month in February, reaching US$827.41 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$856.15 million, bringing year-to-date imports to US$1.68 billion.
Vietnam’s pepper exports jump by 11 percent in February 2025
Vietnam’s exports of pepper fell by 17.25 percent in February 2025 compared to January, reaching US$97.17 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s car production increases by 152.9% in February 2025
Vietnam’s car production has experienced significant growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 37,800 cars in January 2025. In February, this figure slightly decreased to 36,900 thousand cars.
Vietnam’s cellular phone production increases by 8.7% in February 2025
Vietnam’s cellular phone production has seen positive growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 15.9 million pieces of cellular phones in January 2025. In February, this figure decreased slightly to 14.8 million pieces.
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