Author: the-shiv
Electronic components manufacturing posts double-digit growth
Year-on-year, the sector saw a 13.84 percent increase in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth stood at 9.36 percent, highlighting the sector’s strong contribution to Vietnam’s industrial landscape.
Vietnam revised securities regulations hit first hiccup
Vietnamese securities firm, Vietcap Securities, has notified the Securities Commission that the Netherlands’ Aegon Custody BV has failed to make payment on a trade completed on its behalf by Vietcap on December 17. Vietcap is currently footing the VND 4 billion bill.
State Bank of Vietnam sells US$2 billion supporting the dong
Of note, Khang is also quoted as saying that the SBV holds a sizable amount of its reserves in US Treasury bills and that if the SBV doesn’t want to sell these at a loss it can only really sell around US$12 to US$14 billion worth of its current reserves.
Land values in Hanoi increase by up to 270 percent on new Vietnam Land Law
Official land values have been depressed in the past by laws through which the central government would set land prices once every five years. This, however, caused problems in that officially land values would fall largely out of step with the true market value with buyers either paying extra off the books or land owners refusing to sell altogether.
Netflix blocked from showing unscripted television shows in Vietnam
Of note, it had first been reported that it had been barred from showing television programs altogether but this appears to have been incorrect. The narrative that is circulating now, according to VN Express, is that companies streaming television programs need a local office whereas streaming sites that show only films do not.
Singaporean tourist arrivals in Vietnam surge by 95.88 percent in November
Year-to-date, Singaporean arrivals reached 440,895, reflecting modest year-on-year growth of 3.5 percent. The sharp rise in November highlights a strong rebound in regional travel and growing interest in Vietnam as a prime destination for Singaporean travellers.
Vietnam’s manioc and manioc products exports surge in November
China remained the dominant importer, accounting for US$85.65 million, a 21.93 percent increase from the previous month.
Vietnam’s non-wood furniture exports rise slightly in November
Australia was the largest importer, purchasing US$3.37 million worth of furniture, though this marked a significant month-on-month decline of 19.73 percent.
Dutch tourist arrivals in Vietnam grow by 33.42 percent in November
Year-to-date, Dutch arrivals reached 71,743, reflecting an 18.7 percent growth compared to the same period last year. The Netherlands remains a key market for Vietnam within Western Europe, contributing steadily to its international tourism recovery.
Vietnam sees minimal activity in health and social assistance FDI in November
Year-to-date (YTD), the sector has attracted a total of 2 new projects with US$95 million in newly registered capital, showing a significant decrease in November despite strong growth for the year.
Electronic products sector records strong growth in November
Year-on-year, the industry recorded an 11.95 percent increase in November 2024 compared to the same period in 2023. Cumulative growth over the first 11 months of 2024 reached 8.72 percent, underscoring the sector’s robust performance.
Japanese tourist arrivals in Vietnam increase by 23.54 percent in November
Year-to-date, Japanese arrivals reached 445,642, reflecting a 33.5 percent growth compared to the same period last year. Japan remains one of Vietnam’s most significant tourism markets in Asia, contributing steadily to the sector’s recovery.
Vietnam’s clinker and cement exports dip sharply in November
The Philippines remained the largest market, with imports of US$33.87 million, a slight 3.03 percent increase month-on-month.
Vietnam’s insulated wires and cables exports experience minor decline in November
The USA emerged as the largest importer, purchasing US$88.83 million worth of these products, a 5.96 percent increase compared to the prior month.
Polish tourist arrivals in Vietnam increase sharply by 237.62 percent in November
Year-to-date, Polish arrivals reached 43,961, though this marks a sharp decline compared to last year, reflected by a year-on-year growth rate of -100 percent. Despite the annual drop, the substantial growth in November highlights a resurgence of interest from Polish travellers.
Vietnam sees significant decline in new financial, banking, and insurance FDI in November
Year-to-date (YTD), the sector has attracted a total of 6 new projects with US$122.1 million in newly registered capital, reflecting a decrease in investment activity compared to previous months.
Vietnam’s concrete and cement products sector faces mixed performance in November
Compared to November 2023, the sector contracted by 13.21 percent, reflecting reduced activity in this category. Despite this, the first 11 months of 2024 showed a cumulative growth of 4.32 percent compared to the same period last year, highlighting its long-term potential despite short-term challenges.
US tourist arrivals in Vietnam rise by 18.92 percent in November
Year-to-date, US tourist arrivals reached 706,000, marking a 16.5 percent growth compared to the same period last year. The United States continues to be one of Vietnam’s key long-haul tourism markets, reflecting the increasing interest of American travellers in Vietnam’s cultural and natural attractions.
Italian tourist arrivals in Vietnam surge by 87.5 percent in November
Year-to-date, Italian arrivals reached 80,692, reflecting a robust 79.2 percent growth compared to the same period last year. Italy remains a growing market for Vietnam’s tourism sector, showcasing the rising appeal of the country among European travellers.
Vietnam sees growth in other service activities FDI in November
Year-to-date (YTD), the sector has attracted a total of 6 new projects with US$168.9 million in newly registered capital, showing growth throughout the year.
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
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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