Author: the-shiv
Vietnam’s leather shoes and sandals production increases by 31.8% in February 2025
Vietnam’s production of leather shoes and sandals has seen substantial growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 25.8 million pairs of leather shoes and sandals in January 2025. In February, this figure increased slightly to 26.6 million pairs.
Vietnam’s still image, video cameras, and parts exports decline by 8.58 percent in February 2025
Vietnam’s exports of still image, video cameras, and parts decreased by 8.58 percent in February compared to January, amounting to US$525.93 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s rubber imports drop 12.99 percent in February 2025
Vietnam’s rubber imports declined 12.99 percent month-on-month in February, amounting to US$246.19 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$282.94 million, bringing year-to-date imports to US$526.45 million.
Vietnam’s ores and other minerals product exports jump by 277.11 percent in February 2025
Vietnam’s exports of ores and other minerals products fell by 17.25 percent in February 2025 compared to January, totalling US$30.13 million, according to data from Vietnam’s General Department of Customs.
Bad debts to see well-known Vietnam ship-restaurant to go under the hammer
The HCM City Property Auction Service Center is set to auction the debt of Hao Huy Trading Company Limited to recover nearly VND 134 billion (US$5.24 million) owed to Vietnam’s Agribank. The debt is secured by the well-known Elisa ship restaurant anchored at the foot of Nguyen Hue Boulevard in the heart of Ho Chi Minh City, Tuoi Tre is reporting.
Vietnam to allow SpaceX Starlink on trial basis through 2030
Vietnam has approved a trial launch of SpaceX’s Starlink satellite internet service, allowing the U.S. company to offer both fixed and mobile connectivity across the country until the end of 2030, including on flights, Reuters has reported.
Vietnam local broadcasters in crisis as staff go unpaid for months
Staff at An Giang and Can Tho Radio and Television Stations have publicly petitioned provincial authorities after going months without pay or allowances, Dan Tri is reporting. This is a rare move that underscores the financial distress facing Vietnam’s local state-run media.
Vietnam’s casual clothes production increases by 28.1% in February 2025
Vietnam’s casual clothes production has experienced strong growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 456.0 million pieces of casual clothing in January 2025. In February, this figure decreased slightly to 445.4 million pieces.
Profit swings to loss for Vietnam power firm after labelling error found
Nearly a year after publishing its 2023 financial report, Thang Long Thermal Power Joint Stock Company — a member of Geleximco Group — has acknowledged a significant reporting error, revising its 2023 profit of VND 122 billion (US$4.8 million) to a loss of more than VND 528 billion (US$20.6 million). The correction comes after the company issued nearly VND 1,800 billion in bonds over the last twelve months since the incorrect statements were made public, VietnamNet has reported.
Vietnam to roll back some environment protection obligations for small business
Vietnam is refining its Extended Producer Responsibility (EPR) policy to ease compliance for small businesses. This includes removing EPR obligations from manufacturers and importers of packaging for export, temporary import and re-export, or for research and testing purposes and companies with annual packaging sales revenue under VND 30 billion (US$78 million), VN Economy is reporting.
Vietnam’s tyre cord fabrics and other technical fabrics exports remain stable in February 2025
Vietnam’s exports of tyre cord fabrics and other fabrics for technical uses remained relatively stable in February, with only a slight decrease of 0.05 percent compared to January, amounting to US$60.59 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s rubber products exports decline by 6.02 percent in February 2025
Vietnam’s rubber products exports decreased by 6.02 percent in February compared to January, amounting to US$99.80 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s imports of precious stones and metals jump 49.14 percent in February 2025
Vietnam’s imports of precious stones, precious metals, and related articles surged 49.14 percent month-on-month in February, reaching US$82.66 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$55.43 million, bringing year-to-date imports to US$138.09 million.
Vietnam’s manioc and manioc products exports jump by 35.42 percent in February 2025
Vietnam’s exports of manioc and manioc products dropped by 17.25 percent in February 2025 compared to January, reaching US$134.52 million, according to data from Vietnam’s General Department of Customs.
Vietnam considers cuts to import tariffs on range of ag. goods, resources
The Ministry of Finance is preparing a draft decree for the government that, if approved, will adjust Vietnam’s Most Favoured Nation (MFN) import tax rates down. This is at the request of the Prime Minister in response to “complex and unpredictable developments of the world’s geopolitical and economic situation” (READ: US tariff policy), Zing News is reporting.
Vietnam’s beer production increases by 11.8% in February 2025
Vietnam’s beer production has seen a notable increase in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 341.1 million litres of beer in January 2025. In February, this figure decreased to 302.4 million litres.
Vietnam cosmetics market to reach US$3.2 billion by 2030: Report
Vietnam’s cosmetics market is poised for significant expansion, projected to grow from US$2.5 billion in 2024 to approximately US$3.2 billion by 2030. This reflects a compound annual growth rate (CAGR) of 4.2 percent between 2025 and 2030, according to a report by MarkNtel Advisors.
Vietnam’s wheat imports surge 77 percent in February 2025
Vietnam’s wheat imports rose sharply by 77 percent month-on-month in February, reaching US$190.13 million, according to Vietnam’s General Department of Customs. This significant increase follows January’s total of US$107.42 million, bringing year-to-date imports to US$297.57 million.
Vietnam’s plastic imports rise 21.33 percent in February 2025
Vietnam’s plastic imports surged 21.33 percent month-on-month in February, reaching US$1.06 billion, according to Vietnam’s General Department of Customs. This increase follows January’s total of US$871.70 million, bringing year-to-date imports to US$1.93 billion.
Vietnam’s machine, equipment, tools and instruments exports decrease by 1.07 percent in February 2025
Vietnam’s exports of machines, equipment, tools, and instruments decreased by 17.25 percent in February 2025 compared to January, reaching US$3.82 billion, according to data from Vietnam’s General Department of Customs.
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