Author: the-shiv
Vietnam island hot-spot to relocate homeless on major holidays
Authorities in Vietnam’s Phu Quoc, an island holiday hot spot off the country’s south coast, have announced they intend to “relocate homeless individuals, beggars, the elderly, mentally ill and disabled people, and others living on the streets,” on major holidays, Tuoi Tre is reporting. This is “…to preserve the tourism image for both domestic and international visitors.”
Samsung Vietnam records slight revenue increase but drop in exports in 2024
The General Director of Samsung Vietnam has told the Prime Minister of Vietnam that Samsung Vietnam recorded revenue of US$62.5 billion after exporting US$54.4 billion worth of goods from Vietnam in 2024, Zing News is reporting. This is a slight increase in revenue but a drop in exports compared to 2023.
Agriculture, forestry and fisheries sector in Vietnam records US$4.53 million fall in January FDI
In January, Vietnam’s agriculture, forestry, and fisheries sector recorded a total foreign direct investment (FDI) of negative US$4.53 million, according to data from Vietnam’s Ministry of Planning and Investment. That said, this actually marks an improvement over December, which saw a total withdrawal of FDI of US$17.0 million in registered capital.
African Swine Fever continues to wreak havoc on Vietnam’s pork market
Outbreaks of African Swine Fever–or ASF–have been reported in multiple provinces in Vietnam and have been ravaging pork supplies pushing up pork prices.
Vietnam’s still image and video camera exports dip slightly in January
Vietnam’s still image and video camera exports saw a slight decline of 0.95 percent month-on-month in January, totalling US$575.29 million, according to Vietnam’s General Department of Customs.
Indian tourist arrivals in Vietnam see slight annual growth in January
Vietnam welcomed 48,536 tourists from India in January, accounting for 2.3 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This reflects a 13.0 percent decline from December but a 5.2 percent increase year-on-year.
Vietnam’s rubber products exports fall by 9.66 percent in January
Vietnam’s rubber products exports declined by 9.66 percent month-on-month in January, reaching US$106.19 million, according to Vietnam’s General Department of Customs.
Vietnam’s non-wood furniture exports decline by 9.79 percent in January
Vietnam’s exports of furniture made from materials other than wood fell by 9.79 percent month-on-month in January, reaching US$333.60 million, according to Vietnam’s General Department of Customs.
Electronic products, computers, and optical products in Vietnam see annual growth despite January decline
Vietnam’s production of electronic products, computers, and optical products increased by 105.6 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 130.7 percent above 2019 levels.
Vietnam’s imports of chemical products fall 22.5 percent in January
Vietnam’s imports of chemical products fell by 22.5 percent month-on-month in January to US$541.67 million, according to Vietnam’s General Department of Customs. This follows a decline from US$699.25 million recorded in December.
Vietnam’s imports of wood and wooden products fall 23.24 percent in January
Vietnam’s imports of wood and wooden products decreased by 23.24 percent month-on-month in January, reaching US$197.54 million, according to Vietnam’s General Department of Customs. This follows a decline from US$257.34 million recorded in December.
Mining sector in Vietnam records just US$10K in January FDI
In January, Vietnam’s mining sector registered a total of US$10,000 in new foreign direct investment (FDI), according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$1 million compared to December, which saw US$1 million in new registered capital.
Vietnam’s imports of paper products fall 28.52 percent in January
Vietnam’s imports of paper products decreased by 28.52 percent month-on-month in January, reaching US$75.05 million, according to Vietnam’s General Department of Customs. This follows a decline from US$105 million recorded in December.
Australian tourist arrivals in Vietnam increase in January
Vietnam welcomed 66,504 tourists from Australia in January, accounting for 3.2 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This represents a 30.0 percent increase from December and a 7.1 percent rise year-on-year.
Vietnam’s rubber exports decline by 34.02 percent in January
Vietnam’s rubber exports fell by 34.02 percent month-on-month in January, reaching US$298.68 million, according to Vietnam’s General Department of Customs.
Vietnam’s fruit and vegetable exports fall by 29.21 percent in January
Vietnam’s fruit and vegetable exports declined by 29.21 percent month-on-month in January, reaching US$374.50 million, according to Vietnam’s General Department of Customs.
Cement, lime, and plaster production in Vietnam sees annual growth despite January decline
Vietnam’s production of cement, lime, and plaster increased by 112.0 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was a decline from December 2024, when output stood at 155.5 percent above 2019 levels.
Vietnam’s imports of cashew nuts fall 6.54 percent in January
Vietnam’s imports of cashew nuts fell by 6.54 percent month-on-month in January to US$172.66 million, according to Vietnam’s General Department of Customs. This follows a decline from US$184.74 million recorded in December. Year-to-date, Vietnam’s total imports of cashew nuts stood at US$172.66 million. Tanzania was the largest supplier, contributing US$88.49
Vietnam’s imports of wheat rise 6.48 percent in January
Vietnam’s imports of wheat increased by 6.48 percent month-on-month in January, reaching US$107.42 million, according to Vietnam’s General Department of Customs. This follows an increase from US$100.89 million recorded in December.
Arts, entertainment and recreation sector in Vietnam records US$0.16 million in January FDI
In January, Vietnam’s arts, entertainment, and recreation sector registered a total of US$160,000 in new foreign direct investment (FDI), according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$1 million compared to December, which saw US$1.1 million in registered capital.
In today’s Vietnam news: Power supply imports, Hanoi boulevard project protests, Antidumping duties coming for boxes, Maersk container terminal project Hanoi, Vinpearl foreign investment,
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
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