Author: the-shiv
Vietnam’s paper imports rise 20.19 percent in February 2025
Vietnam’s paper imports increased by 20.19 percent month-on-month in February, reaching US$185.66 million, according to Vietnam’s General Department of Customs. This brings total year-to-date imports to US$340.01 million, highlighting a growing demand for paper products.
Vietnam to raise foreign ownership cap to 49% at some banks
Foreign investors will be allowed to own up to 49 percent of the charter capital in Vietnamese commercial banks involved in mandatory transfers, starting from May 19, 2025, under Decree No. 69/2025/ND-CP recently issued by the government. The change applies to banks like MB, HDBank, and VPBank, which are participating in state-mandated acquisition and restructuring of weaker banks, VietnamBiz has reported.
Vietnam’s seafood exports at risk as US tightens marine mammal rules
Vietnam’s seafood industry is under mounting pressure as the United States enforces stricter regulations under the Marine Mammal Protection Act (MMPA), which could lead to an import ban on key fishing products by 2026 if Vietnam does not meet US standards, Zing News is reporting.
Vietnam’s fruit and vegetable imports fall 30.89 percent in February 2025
Vietnam’s fruit and vegetable imports dropped by 30.89 percent month-on-month in February, amounting to US$165.80 million, according to Vietnam’s General Department of Customs. This follows a total of US$239.91 million in January, bringing year-to-date imports to US$405.62 million.
Vietnam’s fresh milk production increases by 12.5% in February 2025
Vietnam’s fresh milk production has shown positive growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 132 million litres of fresh milk in January 2025. In February, this figure increased slightly to 133.9 million litres.
Vietnam’s fishery products exports decline by 15.37 percent in February 2025
Vietnam’s fishery products exports decreased by 15.37 percent in February 2025 compared to January, totalling US$655.02 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s chemicals exports rise by 7.52 percent in February 2025
Vietnam’s exports of chemicals increased by 7.52 percent in February 2025 compared to January, reaching US$236.49 million, according to data from Vietnam’s General Department of Customs.
‘Other goods and services’ costs in Vietnam record February rise: CPI data
The cost of other goods and services in Vietnam increased by 0.18 percent in February, driven by rising prices in personal care and luxury items, according to the Vietnam’s Consumer Price Index.
Vietnam’s ores and other minerals imports rise 17.96 percent in February 2025
Vietnam’s ores and other minerals imports increased by 17.96 percent month-on-month in February, reaching US$236.97 million, according to Vietnam’s General Department of Customs. This brings total year-to-date imports to US$436.16 million, reflecting sustained demand for raw materials.
Vietnam’s fishery product imports rise 10.24 percent in February 2025
Vietnam’s fishery product imports increased by 10.24 percent month-on-month in February, reaching US$258.06 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$234.09 million, bringing year-to-date imports to US$491.63 million.
Vietnam’s processed seafood production increases by 14.7% in February 2025
Vietnam’s processed seafood production has seen significant growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 485,900 tons of processed seafood in January 2025. In February, this figure decreased slightly to 484,000 thousand tons.
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.
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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
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This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It