Author: the-shiv
Vietnam’s electricity output rises 12.6 percent in February
Vietnam’s total electricity production and imports reached 22.24 billion kWh in February 2025, marking a 12.6 percent increase compared to the same month in 2024, according to a press release from Electricity Vietnam. The highest daily output was recorded at 876.9 million kWh, with peak capacity reaching 45,458 MW on February 27.
Culture, entertainment, and tourism costs in Vietnam rise in February: CPI data
Culture, entertainment, and tourism costs in Vietnam increased by 0.17 percent in February, driven by higher demand for travel and leisure services, according to Vietnam’s Consumer Price Index.
Vietnam drug and medical service costs increase in February: CPI data
Drug and medical service costs in Vietnam rose by 0.31 percent in February, driven by higher medical service fees and increased demand for medications, according to the Vietnam’s Consumer Price Index. The medical services price index increased by 0.36 percent following the implementation of new service pricing under Circular No. 21/2024/TT-BYT, issued by the Ministry of Health.
Vietnam’s iron and steel imports surge by 50.89 percent in February 2025
Vietnam’s iron and steel imports rose sharply by 50.89 percent month-on-month in February, reaching US$1.04 billion, according to Vietnam’s General Department of Customs. This follows January’s total of US$691.29 million, bringing year-to-date imports to US$1.73 billion.
Vietnam’s crude oil imports surge 30.73 percent in February 2025
Vietnam’s crude oil imports increased by 30.73 percent month-on-month in February, reaching US$804.76 million, according to Vietnam’s General Department of Customs. This brings total year-to-date crude oil imports to US$1.46 billion.
Vietnam’s gasoline production declines by 3.8% in February 2025
Vietnam’s gasoline production has seen a slight decrease in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 1.40 million tons of gasoline in January 2025. In February, this figure increased slightly to 1.40 million tons.
Vietnam rare earth reserves estimate plummets in latest US Geological Survey
The United States Geological Survey’s Mineral Commodity Summaries 2025 report has revised down Vietnam’s estimated rare earth reserves from 22 million tons to 3.5 million tons. The report doesn’t provide specific details as to why its estimate has changed other than to say it was “based on company and Government reports.” This change would make Vietnam’s rare earth reserves the sixth biggest in the world.
Vietnam’s cotton imports surge 33.28 percent in February 2025
Vietnam’s cotton imports rose significantly by 33.28 percent month-on-month in February, reaching US$300.99 million, according to Vietnam’s General Department of Customs. This increase brings total year-to-date imports to US$526.95 million.
Vietnam’s corn imports drop 50.43 percent in February 2025
Vietnam’s corn imports fell sharply by 50.43 percent month-on-month in February, reaching US$123.80 million, according to Vietnam’s General Department of Customs. This brings total year-to-date imports to US$373.73 million.
Vietnam’s liquefied petroleum gas production declines by 6.2% in February 2025
Vietnam’s Liquefied Petroleum Gas (LPG) production has seen a slight decline in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 71.0 thousand tons of LPG in January 2025. In February, this figure decreased to 62.6 thousand tons.
American tourist arrivals in Vietnam decline slightly in February
Vietnam recorded 116,971 tourist arrivals from the Americas in February, accounting for 6.2 percent of total international visitors, according to Vietnam’s General Department of Tourism. This marks a 2.24 percent decline from January, though the year-to-date total reached 236,627 visitors, making up 6.0 percent of overall arrivals.
Vietnam’s corporate bond market records zero issuances in February
There were no corporate bonds issued in Vietnam in February 2025, according to a report from the Vietnam Bond Market Association. The association doesn’t offer any explanation for this, however, the start of the year is typically slower for bond issuances so it does not appear to be that unusual.
5,459 Vietnamese worth more than US$10 million: Frank Knight
The Frank Knight Wealth Report 2025 has found that Vietnam has 5,459 individuals worth more than US$10 million. Compared to the other ASEAN states in the report this has Vietnam ranked last, however, per 100,000 of population it would rank fourth above Indonesia and the Philippines.
World Bank report forecasts Vietnam GDP of 6.8 percent in 2025
In its March, Taking Stock report, the World Bank has said it foresees GDP growth for Vietnam of 6.8 percent in 2025 falling to just 6.5 percent growth in 2026. This, the report suggests, will be in line with economic slowdowns in major trading partners (China and the US) and uncertain global trade policies.
Vietnam’s bamboo and rattan products exports decline by 24.28 percent in February 2025
Vietnam’s exports of bamboo and rattan products decreased by 24.28 percent in February 2025 compared to January, reaching US$56.35 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s imports of computers and electrical products rise 6.90 percent in February 2025
Vietnam’s imports of computers, electrical products, spare parts, and components increased by 6.90 percent month-on-month in February, reaching US$10.41 billion, according to Vietnam’s General Department of Customs. This brings total imports for the year to US$20.15 billion.
Vietnam’s natural gas extraction declines by 14.5% in February 2025
Vietnam’s natural gas extraction in gaseous form has seen a decrease in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country extracted 458.3 million m³ of natural gas in January 2025. In February, this figure dropped.
Vietnam’s gift card market set to reach US$1.43 billion by 2029
Vietnam’s gift card market has experienced strong growth, recording a compound annual growth rate (CAGR) of 17.8 percent between 2020 and 2024. This momentum is expected to continue, with the market projected to grow at a CAGR of 13.2 percent from 2025 to 2029, reaching an estimated value of US$1.43 billion by the end of the forecast period, according to Research and Markets.
Vietnam’s yarn exports increase by 15.18 percent in February 2025
Vietnam’s yarn exports increased by 15.18 percent in February compared to January, amounting to US$347.06 million, according to data from Vietnam’s General Department of Customs.
European tourist arrivals in Vietnam decline in February
Vietnam recorded 239,702 tourist arrivals from Europe in February, accounting for 12.7 percent of total international visitors, according to Vietnam’s General Department of Tourism. This marks a 10.1 percent decline from January, although the year-to-date total reached 506,346 visitors, making up 12.8 percent of overall arrivals.
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