Author: the-shiv
Vietnam’s imports of machinery and equipment increase in November
China remained the top supplier, with imports increasing by 8.11 percent to US$2.72 billion. South Korea contributed US$412.03 million, marking a slight growth of 2.01 percent, while the USA recorded a 5.34 percent increase, totalling US$96.87 million.
Vietnam’s exports of telephones and mobile phones record sharp November decline
China was the largest market, receiving US$1.12 billion in November, but this represented a significant decline of 33.65 percent month-on-month. The USA followed with US$642.82 million, down 7.68 percent. South Korea saw a decrease of 13.16 percent, with exports totalling US$263.32 million.
Vietnam’s aquatic products processing jumps in November
Year-on-year, the sector saw substantial growth of 15.53 percent in November 2024 compared to the same month in 2023. Over the first 11 months of 2024, the IPI for this sector increased by 9.72 percent compared to the same period last year, highlighting its strong performance in driving industrial growth.
Vietnam’s imports of computers and electronic products decline in November
China was the largest supplier, with imports growing by 6.77 percent to US$2.97 billion. South Korea followed, contributing US$2.82 billion but reflecting a decline of 2.69 percent month-on-month. Taiwan saw imports decrease by 5.35 percent to US$1.26 billion.
Vietnam medicines, medical services prices report sharp November decline
The Consumer Price Index (CPI) for medicines and medical services in Vietnam experienced a significant decrease of 3 percent in November compared to October, reaching 5.28 percent, according to Vietnam’s General Statistics Office.
Vietnam’s imports from South Korea see slight decline in November
The largest import category was computers, electrical products, and spare parts, which amounted to US$2.82 billion, though this represented a decline of 2.69 percent month-on-month…
Vietnam sees strong growth in accommodation and food services FDI in November
Year-to-date (YTD), the sector has attracted a total of 36 new projects with US$101 million in newly registered capital, reflecting strong growth in this area.
European tourist arrivals in Vietnam grow by 27.49 percent in November
Year-to-date, European arrivals totalled 1,782,578, representing a 23.6 percent growth compared to the same period last year. Among key contributors, France led with 33,027 visitors in November, a 44.16 percent increase from October.
Vietnam bond market continues upward momentum in November
Year-to-date, 362 private placements have been made, raising VND 342,716 billion (or US$13.71 billion), alongside 21 public offerings worth VND 32,114 billion (or US$1.28 billion)…
Vietnam’s food processing, manufacturing production jumps in November
Year-on-year, the sector achieved notable growth of 10.91 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the IPI for food processing and manufacturing rose by 7.65 percent compared to the same period last year, underscoring its significant contribution to Vietnam’s industrial output.
Vietnam’s vape ban hits a nerve with pro-vaping group
Of note, Vaping360 a vaping retailer and pro-vape website has covered this issue in a somewhat aggressive op-ed. But whereas the tone and wording might be a smidge hyperbolic it does raise a good point in that Vietnam has one of highest smoking rates in the world and therefore banning a less-harmful alternative does seem counterproductive.
NVIDIA announces intentions to buy Vietnam’s VinBrain
Whereas this has been heralded as a coup for Vietnam’s tech sector–VietnamBiz has gone so far as to suggest this supports the thesis that Vietnam is is becoming a ‘promised land’ for global tech firms– it’s difficult to know exactly what this might mean on a practical level at this point in time.
Vietnam’s household equipment and appliance prices record November increase
Throughout 2024, the sector has experienced stable, gradual growth. September’s CPI stood at 1.17 percent, while mid-year figures remained consistent, with 1.14 percent in August and 1.15 percent in July…
Vietnam sees significant drop in transport and warehouse FDI in November
Year-to-date (YTD), the sector has attracted a total of 102 new projects with US$462 million in newly registered capital, showing that the sector’s performance has fluctuated over the course of the year.
Vietnam trade records slight fall in November but strong year-on-year gains
Exports in November totalled US$33.73 billion, down 5.3 percent from October. Imports for the same period reached US$32.67 billion, representing a 2.8 percent decline. This brought Vietnam’s trade balance for the month to a surplus of US$1.07 billion, reflecting a sustained positive trend despite the slowdown.
Vietnam’s exports of computers and electronics record 5.42 percent November jump
The USA remained the largest market, with exports amounting to US$1.80 billion, despite a slight decline of 0.65 percent month-on-month.
Vietnam sees continued growth in information and communication FDI in November
Year-to-date (YTD), the sector has attracted a total of 217 new projects and US$248 million in newly registered capital, highlighting consistent growth in this area…
Tourist arrivals from Americas in Vietnam increase by 24.8 percent in November
Year-to-date, tourist arrivals from the Americas reached 907,902, reflecting a 19.6 percent growth compared to the same period last year. The United States led the region with 69,237 arrivals in November, an 18.92 percent increase from October…
Vietnam’s processing and manufacturing production records strong November growth
Year-on-year, the processing and manufacturing industry showed an impressive growth rate of 11.22 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector achieved an overall increase of 9.69 percent compared to the corresponding period last year, underlining its role as a driving force for Vietnam’s economy.
Vietnam’s housing and construction materials records price hike in November
The sector has experienced fluctuations throughout the year, with September’s CPI at 4.37 percent and a mid-year peak of 5.60 percent in June. The rise in November reflects growing demand for construction materials and housing-related expenses as urbanisation continues to shape the market.
In today’s news: Japan-VN asset tie-up, Import tax refund guidance, Instant noodle consumption, AI plans, SSC + S&P Dow Jones execs meet in NY,
In today’s Vietnam news: Vinhomes bond plans, Fuel prices revised, Counterfeit Havianas, Internet undersea cable failures, VN-China tariff diff, SK-VN joint crude stockpiling, Daewoo
In today’s Vietnam news: Interest on late wages, HD Bank capital raising, Techcombank foreign buyers, China electronics firm expanding, New Japan polysilicon factory VN,
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
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It