Author: the-shiv
Vietnam’s energy sector sees rise in foreign direct investment in December
In 2024, the sector attracted a total of 4 new projects with US$1.42 billion in newly registered capital…
Russian tourist arrivals to Vietnam grow by 9.82 percent in December
Russian tourists are primarily drawn to Vietnam’s beach destinations such as Nha Trang, Phu Quoc, and Mui Ne, which are renowned for their tropical climate, luxury resorts, and family-friendly activities.
Vietnam’s gasoline and oil production estimated to reach 17.13 million tons in 2024
In November 2024, the country produced 1.30 million tons of gasoline and oil, maintaining a steady output despite slight fluctuations in December.
UAE sees decline in foreign direct investment into Vietnam in December
In 2024, the UAE invested in 7 new projects with US$4.34 million in newly registered capital.
Vietnam’s administrative operations and support services FDI jumps in December
In 2024, the sector attracted a total of 69 new projects with US$160,370 in newly registered capital…
Vietnam’s pepper exports decline by 8.79 percent in December
Vietnam’s pepper exports total US$1.31 billion for 2024…
Indonesia sees decline in foreign direct investment in Vietnam in December
In 2024, Indonesia invested in 19 new projects in Vietnam with US$27.20 million in newly registered capital…
Vietnam’s imports of precious stones and metals rise by 2.93 percent in December
Hong Kong was a key supplier, with imports rising by 30.83 percent to US$15.38 million. Thailand and Switzerland showed significant growth, with increases of 86.49 percent and 169.42 percent, respectively. Imports from China also saw a notable rise of 25.30 percent.
Vietnam’s pharmaceutical product imports surge by 68.56 percent in December
The USA led the surge, with imports skyrocketing by 331.62 percent to US$101.02 million. India and South Korea also showed significant growth, with imports increasing by 85.26 percent and 139.22 percent, respectively. Belgium recorded an impressive 92.25 percent growth, contributing US$28.03 million in December.
Vietnam’s paints and coatings production shows strong annual growth in 2024
Year-on-year, the sector posted a remarkable growth of 15.0 percent in December 2024 compared to December 2023. For the full year, cumulative growth reached 7.9 percent in 2024 compared to 2023, reflecting solid annual performance in this industry.
Thai tourist arrivals to Vietnam grow by 8.66 percent in December despite year-on-year decline
Thai tourists are typically drawn to Vietnam’s urban destinations like Ho Chi Minh City and Hanoi, known for their bustling markets, street food, and cultural attractions. Popular leisure spots such as Da Nang and Phu Quoc also remain favourites for Thai visitors seeking short beach getaways.
Norwegian tourist arrivals to Vietnam grow by 37.40 percent in December
Many Norwegian visitors enjoy eco-tourism activities, including trekking in Sapa, exploring the Mekong Delta, and rural homestays. They also value culinary experiences, particularly Vietnam’s street food and fresh seafood. Norwegian tourists often plan longer trips to maximise their time exploring multiple regions.
Vietnam culture, entertainment and tourism costs increase in 2024
For the full year 2024, costs were up by 1.97 percent compared to 2023, reflecting growing demand for leisure activities and tourism services as the country continues its post-pandemic recovery.
Singaporean tourist arrivals to Vietnam surge by 30.07 percent in December
Singaporean tourists are primarily attracted to Vietnam’s vibrant urban centres, such as Ho Chi Minh City and Hanoi, known for their cultural landmarks, bustling markets, and diverse dining options.
Vietnam’s pastry, sweets, and cereals products exports decline by 0.91 percent in December
Vietnam’s exports of pastry, sweets, and cereals products total US$1.23 billion for 2024…
Vietnam’s imports of insecticides and rodenticides surge by 29.34 percent in December
China was the dominant supplier, accounting for US$52.52 million in December, an increase of 47.95 percent compared to the previous month. Imports from South Korea and Thailand showed exceptional growth, rising by 94.34 percent and 83.40 percent, respectively. The UK also posted an impressive increase of 103.84 percent to US$2.76 million.
Vietnam’s crude oil extraction estimated to reach 8.1 million tons in 2024
In November 2024, the country produced 652,800 tons of crude oil, which is a strong showing despite a slight dip in December.
Vietnam’s imports of parts and accessories for motor vehicles up 1 percent in December
China led the imports with US$170.04 million, registering a significant 17.07 percent growth month-on-month. Thailand and Indonesia also recorded notable increases, with imports rising by 14.14 percent and 21.22 percent, respectively. Imports from Germany grew by 21.80 percent, reaching US$3.03 million.
Vietnam’s medical equipment production sees strong growth in 2024
Year-on-year, the sector recorded robust growth of 16.5 percent in December 2024 compared to December 2023. Over the full year, cumulative growth stood at 9.2 percent in 2024 compared to 2023, reflecting consistent expansion throughout the year.
Vietnam’s support services for oil and gas exploitation see strong December growth
Year-on-year, the sector recorded a significant growth of 25.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth stood at 10.0 percent compared to 2023, highlighting the steady expansion of these essential services.
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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