Author: the-shiv
Vietnam’s F&B industry revenue jumps 16.6 percent in 2024: Report
Vietnam’s food and beverage (F&B) industry revenue reached VND 688.8 trillion or US$27.55 billion in 2024, marking a 16.6 percent increase from 2023. However, growth was uneven throughout the year, with a noticeable difference between the first and last six months, according to the iPOS F&B Industry Report 2024.
Vietnam’s automotive market to grow 4.1 percent a year through 2030: PWC report
Vietnam’s automotive industry is expected to see steady growth, with vehicle sales projected to increase at a 4.1 percent annual rate through 2030. Strong economic expansion, rising consumer demand, and government incentives are driving growth, though infrastructure gaps and financial constraints remain challenges, according to PWC’s ASEAN-6 Automotive Market Snapshot (Feb 2025).
ADB to invest US$150 million in Vietnam’s private education sector
The Asian Development Bank (ADB) has announced its first private sector investment in Vietnam’s education sector, leading a US$150 million sustainability-linked loan to Vinschool. The loan will reportedly support new facilities for 20,400 students in Hanoi, Ho Chi Minh City, and Hung Yen, The Asset is reporting.
Vietnam’s fertilizers exports rise by 21.67 percent in February 2025
Vietnam’s fertilizers exports increased by 21.67 percent in February 2025 compared to January, reaching US$73.87 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s motor vehicle imports surge 131.40 percent in February 2025
Vietnam’s motor vehicle imports saw a sharp increase of 131.40 percent month-on-month in February, reaching US$377.62 million, according to Vietnam’s General Department of Customs. This brings total year-to-date imports to US$537.94 million, reflecting strong demand.
Trump Organization CEO meets with Vietnam PM
Prime Minister of Vietnam Pham Minh Chinh has met with Charles Bowman, General Director of Projects for the Trump Organization in Vietnam, to discuss a proposed US$1.5 billion luxury urban, eco-tourism, and golf complex in Hung Yen province.
Vietnam’s industrial parks struggle to fill jobs despite record hiring: survey
A survey by Vieclam24h has revealed that labour shortages persist in Vietnam, particularly in the textile and electronics assembly industries, as demand continues to outpace supply, Tuoi Tre is reporting.
Vietnam industry group continues push for delay to tax increase on booze, sugary drinks
The Vietnam Chamber of Commerce and Industry (VCCI) , a leading industry group in Vietnam, has held another in a series of conferences on proposed amendments to Vietnam’s Special Consumption Tax, VN Express has reported. The proposed amendment would see tax rates on beer and alcohol rise from 65 percent to 100 percent over five years and a 10 percent tax on sugary soft drinks.
Vietnam GS outlines vision for economic develop through private enterprise
General Secretary of the Communist Party of Vietnam, To Lam, has penned a statement published in Vietnam’s official Government of Vietnam newspaper in which he outlines a private sector led development trajectory for Vietnam moving forward.
Vietnam’s fertilizer imports decline 1.83 percent in February 2025
Vietnam’s fertilizer imports saw a slight decrease of 1.83 percent month-on-month in February, reaching US$141.20 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$143.83 million, bringing year-to-date imports to US$286.39 million.
Vietnam’s aluminum production increases by 5.2% in February 2025
Vietnam’s aluminum production has seen a positive growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 0.129 million tons of aluminum in January 2025. In February, this figure decreased slightly to 0.121 million tons.
China’s Global Times on defensive over Vietnam 9 dash line milk tea outrage
China’s Global Times has published an English-language editorial responding to outrage in Vietnam over a map on the website of milk tea outlet Chagee that includes China’s nine-dash-line. The editorial seems to suggest Vietnam is being overly sensitive but also asserts China’s ownership over most of the South China Sea.
Vietnam news coverage diversity dealt blow with cuts to VOA, RFA
Funding is to be cut to Radio Free Asia and Voice of America as the result of an executive order issued by the President of the US, Donald Trump. This could see their coverage of Vietnam come to an end further diminishing the variety of news media on offer to Vietnamese news consumers.
Direct flights from Hanoi to Moscow resume
From May 8, Vietnam Airlines will resume direct flights from Hanoi to Moscow. Vietnam Airlines flights between the two cities were suspended in March of 2022 after the outbreak of the Ukraine War.
Vietnam’s crude oil exports drop by 46 percent in February 2025
Vietnam’s crude oil exports decreased by 46 percent in February 2025 compared to January, amounting to US$123.52 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s chemical products exports decline by 3.15 percent in February 2025
Vietnam’s exports of chemical products decreased by 24.28 percent in February 2025 compared to January, reaching US$221.24 million, according to data from Vietnam’s General Department of Customs.
Post and telecommunications costs in Vietnam fall in February: CPI data
Post and telecommunications costs in Vietnam decreased by 0.03 percent in February, with smart mobile phone and tablet accessories down by 0.75 percent, regular mobile phones falling by 0.12 percent, and landline telephones decreasing by 0.04 percent, according to Vietnam’s Consumer Price Index.
Vietnam’s milk imports rise 17.70 percent in February 2025
Vietnam’s imports of milk and milk products increased by 17.70 percent month-on-month in February, reaching US$122.36 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$103.95 million, bringing year-to-date imports to US$226.27 million.
Vietnam’s ferrous waste and scrap imports surge 66.65 percent in February 2025
Vietnam’s ferrous waste and scrap imports rose by 66.65 percent month-on-month in February, reaching US$171.78 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$103.08 million, bringing the year-to-date figure to US$274.85 million.
Priority Customs Treatment in Vietnam for Foreign Firms
Earlier this month, the Dong Nai Department of Customs issued a decision suspending priority customs treatment for Panasonic. The decision does not specify exactly what the well known Japanese brand failed to do, only citing Article 45 of the Customs Law. The company has been suspended for 60 days from accessing priority customs treatment.
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
In today’s Vietnam news: Thailand vs Vietnam tourism, India missile purchase final stages, Airport rail connections Long Thanh, BESS development Northern Vietnam, New US
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It