Author: the-shiv
Vietnam’s textile, footwear materials exports recorded 15.3 percent jump in October
Year-to-date figures also indicate steady growth. From January to October, the sector’s exports totalled US$1.85 billion, a 13.3 percent increase compared to the same period in 2023.
Vietnam’s fabric imports record 4.96 percent increase in October
Vietnam imported fabric worth US$1.32 billion in October, reflecting a 4.96 percent increase compared to September. Year-to-date imports reached US$12.27 billion, according to Vietnam’s General Department of Customs.
China’s Temu semi-halts operations in Vietnam on registration challenges
Of note, Temu was not using a .vn domain name and it seems unlikely it would have reached 100,000 transactions in the few months it has been operating in the country. Ergo, by removing the Vietnamese language website the firm is now compliant–VN Express confirmed this with a representative from the Ministry of Industry.
Vietnam C.bank readying itself to resume Forex sales: Local media
Of note, CafeF has reported, citing ‘sources’, that the SBV has advised some local banks that it intends to resume selling foreign currency. This has also been reported by Vietnam Securities Economic Magazine which has noted the intervention price has been set at 25,450–Vietcombank, among Vietnam’s biggest foreign currency traders, was selling US dollars yesterday for 25,475…
Vietnam’s exports to Spain record sharp rise in October
Vietnam’s exports to Spain reached US$354.96 million in October, marking an 11.12 percent increase compared to September, according to Vietnam’s General Department of Customs. Year-to-date exports have now reached US$3.41 billion.
Vietnam’s mobile phone exports record slight dip in October, but steady YTD
Despite the slight monthly dip, year-to-date figures reflect solid growth. From January to October, exports in this category reached US$46.47 billion, a 4.9 percent increase compared to the same period in 2023…
Vietnam’s coal imports jump 4.64 percent in October
Indonesia remained the largest supplier, contributing US$206.47 million, marking a 36.98 percent increase month-on-month. Australia followed with US$174.98 million, showing growth of 32 percent…
Vietnam’s exports to Italy see significant growth in October
Vietnam’s exports to Italy totalled US$469.68 million in October, reflecting a robust increase of 35.62 percent month-on-month. Year-to-date exports to Italy reached US$4.15 billion, according to Vietnam’s General Department of Customs.
FDI inflows from Germany to Vietnam show positive growth in October
Year-to-date figures show a total of 18 new projects and US$93.70 million in newly registered capital, indicating Germany’s ongoing role in Vietnam’s economic development.
Vietnam’s tea exports grow in October, year-to-date performance shows robust growth
Year-to-date figures demonstrate strong growth. From January to October, Vietnam exported 120,306 tonnes of tea, valued at US$211.93 million. This reflects a 28.3 percent rise in volume and a 30.3 percent increase in value compared to the same period in 2023.
Vietnam struggles to disburse foreign loans on site clearance, approval delays
On the issue, the official government newspaper, has comments from several provincial leaders that have all detailed the same sort of problem in that plans are often changed after being approved which has seen delays as approvals for the revised plans have been sought. This often connects with site clearance delays.
Vietnam’s exports to Singapore jump 11.71 percent in October
Vietnam’s exports to Singapore reached US$433.10 million in October, an increase of 11.71 percent month-on-month. Year-to-date exports to Singapore amounted to US$4.35 billion, according to Vietnam’s General Department of Customs.
FDI inflows from Switzerland to Vietnam show steady investment in October
Switzerland registered four new FDI projects in October in Vietnam, but no newly registered capital (NRC) recorded, according to the latest data for October from the Ministry of Planning and Investment. This compares to September, which saw 3 new projects but also no newly registered capital.
Vietnam’s camera exports remain steady in October
Year-to-date performance reflects significant growth. From January to October, Vietnam’s exports in this category totalled US$6.86 billion, an 18.4 percent increase compared to the same period in 2023.
Vietnam’s exports to Mexico see significant growth in October
Vietnam’s exports to Mexico reached US$482.81 million in October, marking a robust increase of 14.65 percent compared to September. Year-to-date exports to Mexico totalled US$4.57 billion, according to Vietnam’s General Department of Customs.
FDI inflows from Malaysia to Vietnam shows strong October growth
Year-to-date figures show a total of 35 new projects and US$139.25 million in newly registered capital. These figures fortify Malaysia’s strong and growing role in Vietnam’s economic development, particularly in sectors such as manufacturing and processing.
Vietnam’s rubber exports record sharp rise in October
Year-to-date performance highlights mixed results. From January to October, Vietnam exported 1.54 million tonnes of rubber, a 4.9 percent decrease in volume compared to the same period in 2023. However, export value increased by 16.4 percent, reaching US$2.53 billion, reflecting higher global rubber prices.
Vietnam’s exports to the United Arab Emirates record slight decline in October
Vietnam’s exports to the United Arab Emirates (UAE) totalled US$456.87 million in October, representing a slight decline of 2.04 percent month-on-month. The year-to-date export value reached US$4.77 billion.
FDI inflows from Thailand to Vietnam steady in October
Year-to-date figures show a total of 14 new projects and US$141.42 million in newly registered capital. These figures highlight Thailand’s role as an important investor in Vietnam’s economic development, particularly in manufacturing and processing sectors.
Vietnam’s rice exports dip in October, but year-to-date figures remain strong
Despite the October dip, year-to-date performance remains robust. From January to October, Vietnam exported 7.75 million tonnes of rice, generating US$4.86 billion in export value. This marks a 10.1 percent increase in volume and a 23.5 percent rise in value compared to the same period in 2023, reflecting higher global rice prices.
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