Author: the-shiv
Seychelles firms add US$30.95 million to Vietnam’s January FDI tally
In January, firms from Seychelles contributed US$30.95 million in foreign direct investment (FDI) in Vietnam across 2 new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$33.40 million compared to December, which saw US$64.35 million in registered capital with 3 new projects.
Polish tourist arrivals in Vietnam increase in January
Vietnam welcomed 8,678 tourists from Poland 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 a 29.3 percent rise year-on-year.
Vietnam’s imports of glass and glassware fall 31.38 percent in January
Vietnam’s imports of glass and glassware declined by 31.38 percent month-on-month in January to US$82.39 million, according to Vietnam’s General Department of Customs. This follows a decrease from US$120.06 million recorded in December…
Garment manufacturing output in Vietnam declines in January but sees annual growth
Vietnam’s garment manufacturing industry increased by 50.3 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 67.8 percent above 2019 levels.
Cayman Islands firms add US$39.9 million to Vietnam’s January FDI tally
In January, firms from the Cayman Islands contributed US$39.9 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$26.79 million compared to December, which saw US$13.11 million in registered capital with 1 new project.
Italian tourist arrivals in Vietnam increase in January
Vietnam welcomed 11,490 tourists from Italy in January, accounting for 0.6 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This marks a 39.8 percent increase from December and a 21.8 percent rise year-on-year.
Vietnam’s PMI records slight jump in February
The S&P Global Vietnam Manufacturing Purchasing Managers’ Index recorded a small jump in February over January, increasing from 48.9 points to 49.2, according to a press release from the firm. This is still below the 50-point no-change point signalling the sector is still in a contraction phase.
Vietnam’s imports of fishery products fall in January
Vietnam’s imports of fishery products declined to US$234.09 million in January, down from US$306.12 million recorded in December, according to Vietnam’s General Department of Customs.
Beverage production in Vietnam declines in January
Vietnam’s beverage production increased by 51.3 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 67.8 percent above 2019 levels.
Switzerland firms add US$45.29 million to Vietnam’s January FDI tally
In January, Swiss firms contributed US$45.29 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$42.48 million compared to December, which saw US$2.81 million in registered capital with 1 new project.
Laos tourist arrivals in Vietnam decline in January
Vietnam recorded 15,072 tourist arrivals from Laos in January, accounting for 0.7 percent of total international visitors, according to Vietnam’s General Department of Tourism. This marks a 22.8 percent decrease from December but a significant 99.4 percent increase year-on-year.
Vietnam’s imports of fruits and vegetables fall 21.15 percent in January
Vietnam’s imports of fruits and vegetables declined by 21.15 percent month-on-month in January to US$239.91 million, according to Vietnam’s General Department of Customs. This follows a decrease from US$304.28 million recorded in December.
State Bank of Vietnam Deputy Governor raises concerns re: private debt to GDP
Deputy Governor of the State Bank of Vietnam Dao Minh Tu has raised concerns with respect to Vietnam’s private debt to GDP, currently about 135 percent, with a private lending growth target that if reached will see that figure hit 145 percent.
Vietnam electric car registration fee exemption extended by 2 years
An exemption to registration fees for electric vehicles that was set to come to an end Friday has been extended for two years per government Decree. The Ministry of Finance has estimated that the extended cut could cost the budget around VND 4,800 billion (US$187.8 million) a year.
Rubber and plastic products production in Vietnam declines in January
Vietnam’s production of rubber and plastic products increased by 54.7 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 83.6 percent above 2019 levels.
Vietnam’s Hanoi tackles air pollution by banning buses in Old Quarter
Hanoi is trialling a program that bans buses and vehicles with more than 16 seats from entering the city centre during the morning and afternoon peak. This is designed to reduce traffic congestion in the city.
Vietnam PM meets with China firms Friday, US firms Saturday
The Prime Minister of Vietnam, Pham Minh Chinh, met with Chinese business leaders Friday and with business leaders from the US on Saturday. Talks with both countries followed basically the same line with the Vietnamese Prime Minister pushing for greater foreign direct investment and long term commitments to Vietnam’s economic development.
Malaysian firms add US$68.7 million to Vietnam’s January FDI tally
In January, Malaysian firms contributed US$68.7 million in foreign direct investment (FDI) in Vietnam across 8 new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents an increase of US$43.49 million compared to December, which saw US$25.21 million in registered capital with 3 new projects.
Canadian tourist arrivals in Vietnam rise sharply in January
Vietnam welcomed 18,785 tourists from Canada in January, making up 0.9 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This marks a 35.3 percent increase from December and a 32.7 percent rise year-on-year.
Vietnam’s imports of fertilizers rise 15.67 percent in January
Vietnam’s imports of fertilizers increased by 15.67 percent month-on-month in January to US$143.83 million, according to Vietnam’s General Department of Customs. This follows an increase from US$124.34 million recorded in December.
In today’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank,
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
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