Author: the-shiv
Russian tourist arrivals in Vietnam surge in January
Vietnam welcomed 42,515 tourists from Russia in January, accounting for 2.1 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This marks a 49.1 percent increase from December and a significant 116.8 percent rise year-on-year.
Vietnam’s handbag, suitcase, and headgear exports decline by 12.95 percent in January
Vietnam’s exports of handbags, purses, suitcases, headgear, and umbrellas fell by 12.95 percent month-on-month in January, reaching US$362.19 million, according to Vietnam’s General Department of Customs.
Electricity generation, transmission, and distribution in Vietnam sees January decline
Vietnam’s electricity generation, transmission, and distribution increased by 100.9 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 110.0 percent above 2019 levels.
Vietnam’s imports of computers and electrical products rise 4.41 percent in January
Vietnam’s imports of computers, electrical products, spare parts, and components increased by 4.41 percent month-on-month in January to US$9.73 billion, according to Vietnam’s General Department of Customs. This follows an increase from US$9.32 billion recorded in December.
Vietnam’s exports of animal fodders and materials fall 24.36 percent in January
Vietnam’s exports of animal fodders and animal fodder materials decreased by 24.36 percent month-on-month in January, reaching US$72.94 million, according to Vietnam’s General Department of Customs. This follows a decline from US$96.42 million recorded in December.
Vietnam’s imports of pastry, sweets, and cereal products fall 46.15 percent in January
Vietnam’s imports of pastry, sweets, and cereal products decreased by 46.15 percent month-on-month in January, reaching US$40.5 million, according to Vietnam’s General Department of Customs. This follows a decline from US$75.22 million recorded in December.
Information and communication sector in Vietnam records negative US$83.87 million in January FDI
In January, Vietnam’s information and communication sector recorded a total foreign direct investment (FDI) of negative US$83.87 million across ten new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents a decline of US$117.1 million compared to December, which saw US$33.3 million in registered capital across 18 new projects.
Vietnam’s tea exports decline by 24.39 percent in January
Vietnam’s tea exports fell by 24.39 percent month-on-month in January, totalling US$16.43 million, according to Vietnam’s General Department of Customs.
Malaysian tourist arrivals in Vietnam decline in January
Vietnam recorded 42,935 tourist arrivals from Malaysia in January, representing 2.1 percent of total international visitors, according to Vietnam’s General Department of Tourism. This marks a 21.2 percent decline from December and an 11.5 percent drop year-on-year.
Vietnam’s glass and glassware exports decline by 6.59 percent in January
Vietnam’s glass and glassware exports fell by 6.59 percent month-on-month in January, reaching US$102.29 million, according to Vietnam’s General Department of Customs.
Household electrical appliances production in Vietnam declines in January
Vietnam’s production of household electrical appliances increased by 102.8 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 175.5 percent above 2019 levels.
Vietnam’s imports of coal fall 5.1 percent in January
Vietnam’s imports of coal fell by 5.1 percent month-on-month in January to US$562.93 million, according to Vietnam’s General Department of Customs. This follows a decline from US$593.09 million recorded in December.
Foreign investors hold just US$12.6 billion worth of Vietnam stocks as of end 2024
At the end of 2024 foreign investors held just VND 323.53 trillion or US$12.65 billion worth of Vietnamese securities, the General Director of Vietnam Securities Depository and Clearing Corporation said Monday. This is just 7.35 percent of the securities registered with the corporation which includes everything from bonds to stocks to government debt.
Vietnam’s imports of yarn fall 18.82 percent in January
Vietnam’s imports of yarn decreased by 18.82 percent month-on-month in January, reaching US$193.46 million, according to Vietnam’s General Department of Customs. This follows a decline from US$238.31 million recorded in December.
Vietnam’s imports of parts and accessories of motor vehicles fall 22.09 percent in January
Vietnam’s imports of parts and accessories for motor vehicles dropped by 22.09 percent month-on-month in January, reaching US$373.16 million, according to Vietnam’s General Department of Customs. This follows a decline from US$478.98 million recorded in December.
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.
In today’s news: Challenges to 10 percent growth target, Proposed rare earth export ban eased, Vietnam records US$122 billion in crypto activity, Norway shipbuilder
In today’s news: Credit rating improvement target, Vinhomes Pomina Steel loans, Meat imports, Nghi Son refinery performance, Trade returns to surplus, Credit growth numbers,
In today’s news: SBV raises loan-to-deposit cap, Fuel tax cut extension, Denmark jewellery factory opens, Taiwan cooling system manufacturer expansion, SK firm gas power
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