Author: the-shiv
Chinese tourist arrivals in Vietnam grow by 11.11 percent in November
Year-to-date, Chinese tourist arrivals reached 3,350,265, reflecting a 68 percent growth compared to the same period last year. This positions China as one of Vietnam’s top tourism markets, contributing significantly to the recovery of the sector.
Vietnam’s exports to South Korea decline by 7.22 percent in November
Notably, textiles and garments dropped 46.65 percent month-on-month, while computers, electrical products, spare-parts and components rose significantly by 13.37 percent.
Vietnam’s plastic imports rise 2.1 percent in November, led by China and Taiwan
China remained the top supplier, with imports rising 17.51 percent to US$310.97 million. Taiwan saw notable growth of 22.78 percent, while imports from the UAE surged 38.65 percent. Conversely, Saudi Arabia experienced a sharp decline of 14.03 percent, and Malaysia dropped 13.38 percent.
Vietnam footwear exports jump 6.25 percent in November
The United States remained the largest market, importing US$714.22 million, up 4.11 percent from October. China followed with a substantial increase of 46.99 percent to US$188.19 million, while Japan recorded an 18.14 percent rise to US$98.22 million. South Korea showed remarkable growth, surging 79.87 percent to US$65.48 million.
Vietnam’s beer and malt production sees slight decline in November
In November, the beer and malt production sector grew by 3.29 percent compared to the same month in 2023. However, over the first 11 months of 2024, the IPI for the sector contracted by 1.51 percent compared to the same period in the previous year, suggesting mixed performance trends.
Vietnam’s imports from the United States grow 1.77 percent in November
Vietnam’s imports from the United States reached US$1.27 billion in November, reflecting a month-on-month increase of 1.77 percent, according to Vietnam’s General Department of Customs. On a year-to-date basis, total imports from the US amounted to US$13.56 billion.
Vietnam sees decline in administrative operations and support services FDI in November
Year-to-date, the sector has attracted a total of 56 new projects and US$150.8 million in newly registered capital, reflecting solid growth despite the downturn in November.
Korean tourist arrivals in Vietnam rise by 8.75 percent in November
Year-to-date, Korean arrivals reached 4,133,872, representing a 26 percent year-on-year growth. This reaffirms Korea’s position as one of Vietnam’s most significant tourism markets.
Vietnam’s exports to Japan decline 2.88 percent in November
Textiles and garments remained the leading export category despite falling 7.94 percent to US$387.94 million. Other means of transportation, parts, and accessories dropped by 2.08 percent to US$276.50 million, while machinery, equipment, tools, and instruments declined 4.07 percent to US$248.23 million.
Vietnam’s iron and steel imports fall sharply by 31.9 percent in November
China remained Vietnam’s largest supplier, accounting for US$550.87 million, though this reflected a sharp drop of 46.04 percent month-on-month. Imports from South Korea grew by 8.17 percent, reaching US$138.92 million, while Japan recorded a 12.70 percent increase to US$135.15 million.
Vietnam’s textile and garment exports decline by 5 percent in November
The USA remained the largest market, with exports rising slightly by 1.68 percent to US$1.31 billion. Exports to Japan dropped by 7.94 percent to US$387.94 million, while South Korea saw a significant decline of 46.65 percent, totalling US$186.35 million.
Vietnam’s milk and dairy processing sees steady growth in November
Year-on-year, the milk and dairy processing sector achieved growth of 9.36 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector recorded a cumulative growth of 3.96 percent compared to the same timeframe last year, showcasing consistent performance despite economic challenges.
Vietnam’s culture, entertainment, and tourism prices rises slightly in November
The sector has demonstrated consistent growth throughout 2024, with September’s CPI at 2.03 percent and a mid-year peak of 2.35 percent in June. Seasonal activities, festivals, and increased tourism demand have been key drivers of the fluctuations observed during the year.
Vietnam’s education CPI records further decline in November
Earlier in the year, education CPI showed notable fluctuations. September saw a slight rise of 1.21 percent, while August experienced a substantial increase of 7.13 percent…
Vietnam’s imports from Japan decline by 11.99 percent in November
Computers, electrical products, and spare parts remained the largest import category but fell sharply by 26.45 percent to US$368.27 million. Machinery, equipment, tools, and instruments also dropped by 12.78 percent to US$342.59 million.
Vietnam sees steady performance in agriculture, forestry, and fisheries FDI in November
Year-to-date (YTD), the sector has attracted a total of 11 new projects and US$94.7 million in newly registered capital, reflecting solid growth for the year.
USDA releases half-year Vietnam Coffee Report
The report notes that 85 percent of Vietnam’s coffee exports are low-value green beans as opposed to higher value processed coffee products along with a few other choice insights.
Another Vietnam international school shuttered on poor financial management
This is significant in that it is another in a series of international school closures on poor financial management. Of note, Green Shoots International School in Hoi An closed down last year leaving parents out of pocket and the American International School Vietnam (AISV) in Ho Chi Minh City was also closed down earlier this year.
African tourist arrivals in Vietnam rise by 3.06 percent in November
Year-to-date, African arrivals reached 47,015, reflecting a significant 33.7 percent growth compared to the same period last year. The growth highlights Vietnam’s growing appeal to travellers from the African continent, supported by increasing connectivity and targeted tourism promotion.
Vietnam’s exports to China decline 7.6 percent in November
Telephones, mobile phones, and parts thereof remained the largest export category, totalling US$1.12 billion, though this marked a sharp decline of 33.65 percent month-on-month. Computers, electrical products, and spare parts surged by 35.89 percent to US$1.10 billion, demonstrating strong demand.
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