Author: the-shiv
Vietnam’s exports to the US rise 16 percent in February
Vietnam exported US$10.50 billion worth of goods to the United States in February 2025, up 15.79 percent from January’s total of US$9.07 billion, according to Vietnam’s General Department of Customs. This brought the total value of exports to the US in the first two months of 2025 to US$19.56 billion.
Vietnam’s imports from Switzerland surge 43 percent in February
Vietnam imported US$65.71 million worth of goods from Switzerland in February 2025, marking a sharp increase of 42.94 percent from US$45.98 million in January, according to Vietnam’s General Department of Customs. This brought total imports from Switzerland in the first two months of the year to US$111.70 million.
Vietnam imposes temporary anti-dumping duties on China, South Korea coated steel
Vietnam’s Ministry of Industry and Trade (MoIT) will issue temporary anti-dumping duties on certain coated steel products originating from China and South Korea per Decision 914/QD-BCT. The move aims to protect domestic manufacturers from a surge in low-priced imports, according to a statement on its website.
Vietnam’s Novaland 2024 audit raises red flags over ability to continue operating
Novaland (NVL), one of Vietnam’s largest real estate developers, posted a VND 4,395 billion (approx. US$176 million) loss in 2024 and faces ongoing concerns about its ability to continue as a going concern, according to its latest audited financial statements and reported by CafeF.
Delays, legal hurdles, weak policy incentives holding back Vietnam waste-to-energy projects
Vietnam’s waste-to-energy (WtE) projects, widely seen as critical for addressing urban pollution and generating renewable energy, are hampered by administrative complexity, legal overlaps, and an uncompetitive pricing framework. Despite strong environmental potential, most projects take 5 to 8 years to complete, with many facing long delays, VietnamNet is quoting an ‘investor’ as saying.
Vietnam’s precious stones and metals exports rise by 19.40 percent in February 2025
Vietnam’s exports of precious stones, precious metals, and related articles increased by 19.40 percent in February compared to January, reaching US$52.31 million, according to data from Vietnam’s General Department of Customs.
Trump’s 46% tariff on Vietnam imports shocks businesses, rattles markets
President Donald Trump has announced a sweeping 46 percent import tariff on goods from Vietnam, citing trade imbalances and currency manipulation. Vietnam’s current average MFN tariff rate is 9.4 percent, significantly higher than the U.S. average of 3.3 percent, according to a White House press release. The U.S. also criticised Vietnam for restricting imports of remanufactured goods.
Vietnam’s imports from the Philippines up 6 percent in February
Vietnam imported US$232.45 million worth of goods from the Philippines in February 2025, a 6.01 percent increase from US$219.30 million in January, according to Vietnam’s General Department of Customs. This brought total imports from the Philippines over the first two months of the year to US$451.66 million.
Vietnam’s imports from the UK edge down in February
Vietnam imported US$65.73 million worth of goods from the United Kingdom in February 2025, slightly down by 1.15 percent from January’s US$66.50 million, according to Vietnam’s General Department of Customs. This brought year-to-date imports from the UK to US$132.26 million.
Vietnam’s life insurance market to contract in 2025, but recovery expected in 2026
Vietnam’s life insurance market is projected to shrink by 1.3 percent in 2025, with gross written premiums (GWP) falling to VND 146.1 trillion (US$6.0 billion), according to GlobalData. This follows successive contractions of 12 percent in 2023 and an estimated 5.7 percent in 2024, driven by a collapse in consumer trust linked to bancassurance sales misconduct.
Ducati closes Hanoi showroom amid weak demand in northern Vietnam
Ducati Vietnam will shut down its only northern showroom in Hanoi, citing low performance and limited demand in the region. The decision leaves Ho Chi Minh City as the brand’s sole dealership location in the country, VN Express is reporting.
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.
In today’s Vietnam news: State to buy some commercial housing projects, Apartment ownership term limits, Bamboo Airways struggles, New vice chairman FLC aviation, Free
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
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