Author: the-shiv
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.
Vietnam’s liquefied petroleum gas (LPG) production estimated to reach 764,200 tons in 2024
In November 2024, the country produced 70,600 tons of LPG, which shows a solid output despite a slight decline in December.
Vietnam’s concrete and cement products sector grows month-on-month despite challenges
Year-on-year, the sector saw a significant decline of 24.6 percent in December 2024 compared to December 2023. However, cumulative production for the full year of 2024 grew by 2.3 percent compared to 2023, highlighting steady annual growth despite notable challenges.
China sees jump in foreign direct investment in Vietnam in December
In 2024, Chinese firms invested in 955 new projects with US$4.73 billion in newly registered capital…
Vietnam’s food processing and manufacturing sees consistent growth
Year-on-year, the industry grew by 10.0 percent in December compared to the same month in 2023. For the full year of 2024, cumulative growth stood at 7.4 percent compared to 2023, highlighting steady progress in this vital sector.
France sees decline in foreign direct investment in Vietnam in December
In 2024, French firms invested in 29 new projects with US$52.52 million in newly registered capital…
Vietnam’s footwear exports fall 2.11 percent in December
Vietnam’s footwear exports total US$22.87 billion for 2024, reflecting strong demand despite the month-on-month decline.
Vietnam’s toys and sports requisites exports rise by 2.66 percent in December
Vietnam’s toys and sports requisites exports total US$3.76 billion for 2024, demonstrating strong global demand despite minor fluctuations.
Vietnam’s LPG imports decline by 24.83 percent in December
The “Other” category remained stable, with imports rising slightly by 0.24 percent to US$56.16 million. China recorded a significant increase, with imports rising 22.71 percent to US$19.98 million. Malaysia also posted strong growth, with imports increasing by 53.33 percent to US$14.60 million.
PM sets 5-year time frame on nuclear power plant construction in Vietnam
Of note, according to the International Atomic Energy Agency it can take as little as five years, but also as many as 12, to build a nuclear power plant from when the first cement is poured. That said, there can also be a few years of planning that goes into the process before that.
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