Author: the-shiv
Plywood, veneer, and laminated wood production in Vietnam declines in January
Vietnam’s production of plywood, veneer, laminated wood, and other thin boards increased by 23.8 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was slightly lower than December 2024, when output stood at 24.9 percent above 2019 levels.
Denmark firms add US$19 million to Vietnam’s January FDI tally
In January, firms from Denmark contributed US$19 million in foreign direct investment (FDI) in Vietnam across 1 new project, according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$2.83 million compared to December, which saw US$21.83 million in registered capital with 3 new projects.
New Zealand tourist arrivals in Vietnam increase in January
Vietnam welcomed 5,604 tourists from New Zealand in January, accounting for 0.3 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This marks a 31.0 percent increase from December and a 7.4 percent rise year-on-year.
Vietnam’s imports of iron and steel fall 36.03 percent in January
Vietnam’s imports of iron and steel dropped by 36.03 percent month-on-month in January to US$691.29 million, according to Vietnam’s General Department of Customs. This follows a decline from US$1.08 billion recorded in December.
Processing of milk and dairy products in Vietnam declines in January but sees annual growth
Vietnam’s processing of milk and dairy output increased by 26.3 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 40.6 percent above 2019 levels.
Thailand firms add US$19.38 million to Vietnam’s January FDI tally
In January, firms from Thailand contributed US$19.38 million in foreign direct investment (FDI) in Vietnam across 1 new project, according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$27.34 million compared to December, which saw US$46.72 million in registered capital with 2 new projects.
Swedish tourist arrivals in Vietnam increase in January
Vietnam welcomed 6,048 tourists from Sweden in January, accounting for 0.3 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This marks a 5.9 percent increase from December and a 31.8 percent rise year-on-year.
Vietnam’s imports of insulated wires and cables fall 11.66 percent in January
Vietnam’s imports of insulated wires and cables decreased by 11.66 percent month-on-month in January to US$307.72 million, according to Vietnam’s General Department of Customs. This follows a decline from US$348.34 million recorded in December.
Chemicals and chemical products output in Vietnam declines in January
Vietnam’s chemicals and chemical products industry increased by 27.1 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 35.8 percent above 2019 levels.
Laos firms add US$30.3 million to Vietnam’s January FDI tally
In January, firms from Laos contributed US$30.3 million in foreign direct investment (FDI) in Vietnam across 1 new project, according to data from Vietnam’s Ministry of Planning and Investment. This represents an increase of US$30.25 million compared to December, which saw US$0.05 million in registered capital with 1 new project.
Vietnam’s trade turnover reaches US$127.07 billion in first two months of 2025
Vietnam’s total import and export turnover in February 2025 was US$63.77 billion, marking a 0.7 percent increase from the previous month and a 32.6 percent rise compared to February 2024. For the first two months of 2025, total trade turnover reached US$127.07 billion, up 12.0 percent year-on-year. Exports rose by 8.4 percent, while imports saw a stronger increase of 15.9 percent. The country recorded a trade surplus of US$1.47 billion.
Vietnam’s FDI inflows up by 35.5 percent in first two months of 2025
Total new foreign investment capital registered in Vietnam in the first two months of 2025 reached nearly US$6.90 billion, reflecting a 35.5 percent increase compared to the same period last year, according to Vietnam’s General Office of Statistics. This figure includes newly registered capital, adjusted investment capital, and capital contributions through share purchases by foreign investors.
Vietnam’s CPI rises in February 2025 due to higher pork, dining, and housing costs
Vietnam’s consumer price index (CPI) in February 2025 increased by 0.34 percent compared to the previous month, marking a 1.32 percent rise from December 2024 and a 2.91 percent increase year-on-year.
Vietnam’s Industrial Production Index falls in February but still up year-on-year
Vietnam’s industrial production in February 2025 is estimated to have declined by 2.6 percent compared to the previous month. However, on a year-on-year basis, the industrial production index (IIP) recorded a strong increase of 16.7 percent, according to data from Vietnam’s General Office of Statistics.
Vietnam looking at launching government-owned crypto exchange
Vietnam’s Deputy Minister of Finance has announced the Ministry will facilitate the development of a pilot cryptocurrency trading program. The details are expected to be revealed later this month.
Dutch tourist arrivals in Vietnam increase in January
Vietnam welcomed 7,595 tourists from the Netherlands in January, accounting for 0.4 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This marks a 20.6 percent increase from December and an 8.2 percent rise year-on-year.
Vietnam’s beer market projected to reach US$14.85 billion by 2033: Report
Vietnam’s beer market was valued at US$7.89 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 7.27 percent, surpassing US$14.85 billion by 2033, according to a report from Astute Analytica. This growth will be primarily driven by the country’s young and expanding population, rising disposable incomes, and a strong beer consumption culture, the report says.
Vietnam’s travel and tourism market to reach US$42.01 billion by 2030: Report
Vietnam’s travel and tourism market is projected to grow from US$17.90 billion in 2024 to US$42.01 billion by 2030, achieving a compound annual growth rate (CAGR) of 15.34 percent, according to a report from Research and Markets. This expansion is driven by strong economic growth, government policy support, increased competition among market players, and aggressive marketing strategies, according to the report.
Vietnam’s imports of insecticides and rodenticides fall 32.60 percent in January
Vietnam’s imports of insecticides, rodenticides, and related materials declined by 32.60 percent month-on-month in January to US$65.42 million, according to Vietnam’s General Department of Customs. This follows a decrease from US$97.06 million recorded in December.
Paper and paper products production in Vietnam declines in January
Vietnam’s paper and paper products industry output increased by 44.3 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 64.3 percent above 2019 levels.
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