Author: the-shiv
Apple App Store now requires games to be registered in Vietnam
Apple has told game developers they must now be registered with Vietnam’s Ministry of Information and Communication for their games to be accessible in Vietnam through its App Store, according to a press release from the US firm. The press release links to an MIC website that details the requirements for registering to provide gaming services including establishing a local entity, creating a local website, and using at least one local server.
Turkey sees decline in foreign direct investment in Vietnam in December
In 2024, Turkey invested in 7 new projects with US$763.47 million in newly registered capital.
Vietnam’s animal feed production estimated to reach 15.32 million tons in 2024
In November 2024, the country produced 1.35 million tons of animal feed, demonstrating stable production levels despite a slight increase in December.
Vietnam’s coal exports rise by 65.24 percent in December
Vietnam’s exports of coal total US$161.13 million for 2024…
Vietnam’s tea exports decline by 4.23 percent in December
Vietnam’s tea exports total US$256.41 million for 2024, reflecting a relatively stable export performance despite the month-on-month decline.
Vietnam’s Hai Phong province sees strong FDI growth in 2024
The substantial growth in FDI in December highlights Hai Phong’s rising prominence as a key investment hub in northern Vietnam. The city’s favourable location, robust infrastructure, and growing industrial sector continue to attract foreign investors, particularly in industries such as manufacturing, logistics, and real estate development.
Philippines sees strong growth in foreign direct investment in Vietnam in December
In 2024, the Philippines invested in 4 new projects with US$20.41 million in newly registered capital…
Vietnam’s yarn imports increase by 1.77 percent in December
China remained the largest supplier, contributing US$162.48 million, a 5.28 percent increase from November. India and South Korea also posted growth, with imports rising by 7.47 percent and 14.35 percent, respectively. Bangladesh showed the highest growth rate, with imports increasing by 24.84 percent to US$302,536.
Lao tourist arrivals to Vietnam more than double in December
Cultural and religious landmarks, such as pagodas and temples, remain key interests for Lao visitors. Many also visit Vietnam for business purposes or family vacations, benefiting from the proximity and affordability of travel between the two countries.
Vietnam’s leather and related products sector posts strong growth in 2024
Year-on-year, the sector saw a significant expansion of 23.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 13.7 percent compared to 2023, highlighting a robust performance in this critical industry.
Vietnam’s casual clothes production estimated to reach 7.42 billion pieces in 2024
In November 2024, the country produced 663.6 million pieces of casual clothes, showing solid output despite a slight increase in December.
Vietnam’s exports of clinker and cement rise by 4.02 percent in December
Vietnam’s exports of clinker and cement total US$1.14 billion for 2024, reflecting strong demand in several key markets.
Vietnam FDI Source Country Tracker: January Update [data set]
China was the leading foreign direct investor in Vietnam in terms of the number of projects initiated in December with 85 new projects. South Korea, however, was the biggest investor in terms of registered Capital adding US$1.25 billion in capital, according to data from the Ministry of Planning and Investment. Notably there was a significant drop across the board in terms of new projects and capital, however, the last week of January was the Lunar New Year break with government offices closed for five days.
Vietnam’s still image, video cameras, and parts thereof exports decline by 0.76 percent in December
Vietnam’s exports of still image, video cameras, and parts thereof total US$8.02 billion for 2024, reflecting consistent demand from major markets like China and the USA, despite some fluctuations…
Outbound FDI in January for Vietnam tops US$83 million
In January, Vietnamese investors invested in 10 new projects abroad, with no changes to the investment capital, bringing Vietnam’s total investment abroad to more than US$83 million. This represents a 5.1 times increase compared to the same period last year.
Luxembourg sees decline in foreign direct investment in Vietnam in December
In 2024, Luxembourg invested in 4 new projects with US$140.06 million in newly registered capital.
Vietnam’s wood and wooden product imports rise by 11.40 percent in December
China remained the largest supplier, exporting US$117.37 million in December, a 13.66 percent increase month-on-month. Laos and France showed notable growth, with imports rising 36.48 percent and 46.05 percent, respectively. Imports from Congo nearly doubled, surging 96.14 percent to US$6.15 million. Brazil and New Zealand also recorded significant increases of 38.44 percent and 24.06 percent, respectively.
Philippine tourist arrivals to Vietnam decline slightly in December but show strong annual growth
Filipino travellers are attracted to Vietnam for its cultural and historical sites, such as Hanoi’s Old Quarter, the Cu Chi Tunnels, and Hoi An Ancient Town. Beach destinations like Da Nang and Phu Quoc also appeal to leisure tourists, while Ho Chi Minh City is a popular choice for shopping and dining experiences.
Vietnam’s truck market to grow by US$1.5 billion by 2028: report
Vietnam’s truck market is projected to expand by US$1.5 billion between 2023 and 2028, registering a compound annual growth rate of 8.05 percent, according to Technavio. This growth is driven by the country’s expanding economy and the increasing demand for goods transportation and logistics management, the report says.
Oversupply of cement causing headache for Vietnam cement makers
Vietnam cement makers have a capacity of 122.34 million tons of cement a year, however, the local market is expected to absorb just 65 million tons in 2025. Moreover, cement exports are expected to reach a maximum of 35 million tons leaving an excess supply of roughly 25 million tons, according to the Ministry of Construction.
In today’s Vietnam news: GS TL on AI, Saigon Economic Times last issue, Fuel prices cut, Vinhomes issuing more bonds, Counterfeit Korean cosmetics store,
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,
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