Author: the-shiv
Vietnam Economic Data: Key Indicators to Watch in 2025
As Vietnam continues to expand its role in global trade and attract foreign direct investment, understanding its economic trends is critical for maintaining investor confidence and ensuring sustainable development. Accurate and timely economic data allows international partners and financial institutions to assess Vietnam’s creditworthiness, economic stability, and growth potential. This article list several key economic data sets foreign firms should keep track of…
Vietnam’s non-wood furniture exports rise by 12.88 percent in December
Vietnam’s non-wood furniture exports total US$3.41 billion for 2024, reflecting strong demand…
Vietnam’s toy and game production falls in 2024
Year-on-year, the sector contracted by 6.8 percent in December 2024 compared to December 2023. For the full year, cumulative production decreased by 1.6 percent in 2024 compared to 2023, highlighting ongoing challenges in this industry.
Swedish tourist arrivals to Vietnam grow by 69.22 percent in December
Swedish visitors often seek eco-tourism and adventure activities, such as trekking in Sapa, exploring rural villages, and cruising the Mekong Delta. Culinary tourism also appeals to Swedish travellers, who enjoy Vietnam’s fresh and diverse cuisine.
Vietnam’s wood and wooden products exports rise by 8.15 percent in December
Vietnam’s wood and wooden products exports total US$16.28 billion for 2024, driven by robust demand across major markets, including the USA and Japan.
Vietnam’s fertilizer imports decline by 20.83 percent in December
China remained the largest supplier, contributing US$66.53 million, though this was a 21.87 percent decrease from November. South Korea and Malaysia recorded sharp increases, with imports surging by 239.70 percent and 515.07 percent, respectively. Japan and Norway also showed growth, with increases of 14.22 percent and 26.66 percent, respectively.
Vietnam’s Novaland delays interest repayment on US$300 million SGX bond lot
Vietnam’s embattled real estate developer Novaland has advised investors via a disclosure to the Singapore Stock Exchange (SGX) that a bond interest repayment due January 16 will not proceed as scheduled. The firm has said it has insufficient resources to make the repayment because “… the progress in resolving the legal obstacles for real estate projects has not proceeded as planned, substantially affecting cash collection of the company…”
Vietnam’s chemical imports rise by 10.45 percent in December
China remained the largest supplier, exporting US$308.37 million worth of chemicals, a month-on-month growth of 10.00 percent. Taiwan followed with US$61.32 million, rising 9.86 percent. Significant growth was also observed from Japan, with imports increasing by 32.67 percent to US$49.22 million, and South Korea, which rose by 24.13 percent to US$45.82 million.
Russia sees decline in foreign direct investment in Vietnam in December
In 2024, Russian firms invested in 17 new projects in Vietnam with US$18.18 million in newly registered capital…
Vietnam’s manufacturing and processing industry FDI jumps in December
In 2024, the manufacturing and processing industry attracted a total of 1,169 new projects with US$25.58 billion in newly registered capital.
Vietnam’s Hung Yen province sees strong FDI growth in 2024
The surge in FDI highlights Hung Yen’s growing appeal as an investment destination, particularly in the manufacturing and high-tech sectors.
Vietnam’s chemical paint production estimated to reach 1.4 million tons in 2024
In November 2024, the country produced 130,400 tons of chemical paint, showing solid output despite a slight increase in December.
Vietnam’s plastic products sector records significant growth in 2024
Year-on-year, the sector posted a remarkable growth of 20.7 percent in December 2024 compared to December 2023. Over the entire year, cumulative growth reached 24.9 percent in 2024 compared to 2023, reflecting a robust performance in this critical industry.
Belgian tourist arrivals to Vietnam drop by 29.51 percent in December despite steady annual growth
Belgian travellers often seek immersive experiences such as food tours, eco-tourism, and rural excursions. They appreciate Vietnam’s affordability and unique cuisine, with an emphasis on local street food and fresh seafood. Longer trips are common, allowing tourists to explore multiple regions.
Vietnam’s fruits and vegetables exports rise by 15.52 percent in December
Vietnam’s fruits and vegetables exports total US$7.15 billion for 2024…
Vietnam’s household electrical appliances productions jumps in 2024
Year-on-year, the sector achieved significant growth of 19.9 percent in December 2024 compared to December 2023. Over the full year, cumulative growth reached 10.9 percent in 2024 compared to 2023, reflecting a strong annual performance.
Vietnam’s tyre cord fabrics and other technical use fabrics exports decline by 13.10 percent in December
Vietnam’s exports of tyre cord fabrics and other fabrics for technical uses total US$771.24 million for 2024.
Vietnam’s imports of ferrous waste and scrap rise by 38.42 percent in December
Japan was the largest supplier, contributing US$125.87 million, a 42.10 percent rise from November. The USA and Hong Kong followed, recording increases of 11.95 percent and 33.95 percent, respectively. The Philippines saw a remarkable surge, with imports rising by 663.40 percent to US$3.46 million, while Chile experienced a 107.61 percent increase.
Vietnam’s telephone and mobile phone imports rise slightly in December 2024
China remained the dominant supplier, exporting US$854.06 million in December, up 0.31 percent from November. South Korea registered significant growth with a 29.72 percent increase, reaching US$45.20 million. Imports from India more than doubled, surging 152.36 percent to US$1.06 million, while the UK showed the highest growth rate with a 192.10 percent rise to US$842,452.
Vietnam’s transport and warehouse sector sees FDI decline in December
In 2024, the sector attracted a total of 115 new projects with US$487.79 million in newly registered capital.
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