Author: the-shiv
Vietnam’s consumer price index for garments, hats, and shoes shows modest increase
From January to October, the CPI for garments, hats, and shoes increased by 1.45 percent over the same period in 2023. This subdued growth likely stems from a significant supply of garments and apparel as a result of being a key global manufacturing hub for these goods…
Vietnam’s aquatic processing sector sees strong year-over-year growth
The year-over-year comparison reveals an even stronger performance, with a 12.4 percent increase in October compared to the same month in 2023. Additionally, for the January to October period, production rose by 9.4 percent over the same timeframe last year. These figures highlight the sector’s sustained expansion, which is likely supported by Vietnam’s strong position in the global seafood market and rising demand for processed aquatic products domestically and abroad.
Vietnam power output up 10.6 percent January through October
The bulk of this power has been produced by burning coal which accounted for 48.7 percent, down slightly from 49.6 percent in September. Coal was followed by hydropower which provided 29.5 percent of Vietnam’s electricity supply in October.
Vietnam’s education sector FDI down in capital despite new projects, October
The education and training sector continues to attract interest from foreign investors, particularly as Vietnam’s demand for quality educational services rises. While monthly investment amounts may fluctuate, the sector remains an important part of Vietnam’s FDI landscape, supporting workforce development and educational innovation…
State Bank governor lowers expectations of interest rate cut in near-future
The Governor of the State Bank of Vietnam has said that it will be difficult to see further interest rate cuts in the near future with credit demand increasing and the risk of increased pressure on the exchange rate too great…
Calls for crackdown on bogus health claims in advertising in Vietnam grow louder
Vietnam’s Ministry of Health, in a report to the National Assembly has said the regulations on its end for regulating supplements and non-traditional medicines (often referred to as ‘functional foods’ in Vietnam) are sufficient in Vietnam and has instead called for greater penalties for advertising unproven health claims and counterfeit goods…
Mixed feelings on Vietnam land rent changes with local media canvassing broad opinions
A conference Saturday organised by the Ho Chi Minh City Business Association has produced some very mixed media coverage with key takeaways for media firms in attendance varying widely.
Vietnam mining sector sees minimal FDI activity with no new projects in October
While the sector plays a role in Vietnam’s resource extraction, it has seen lower FDI interest compared to more dynamic sectors. Future growth will likely depend on policy reforms and sustainability initiatives to attract responsible and long-term investment in mining…
Vietnam’s food processing and manufacturing sector sees annual gains amid monthly growth
On a year-over-year basis, the sector recorded a more substantial 9.4 percent increase in October 2024 compared to the same month in 2023. Additionally, for the cumulative period from January to October, food processing and manufacturing grew by 7.5 percent over the same period last year…
Vietnam bond activity cools in October as demand for capital subsides
Over the year-to-date, 316 private placements have been completed, totalling VND 304,000 billion or US$12.16 billion, and 15 public offerings reached VND 28,854 billion or US$1.15 billion…
Vietnam’s wine market set to expand by US$382.2 million amid shifting middle-class tastes: Report
As the market expands, industry players are focusing on targeted marketing, e-commerce, and on-premise experiences to capture this younger demographic’s interest. With this demand trajectory, Vietnam is poised to emerge as a significant player in Asia’s wine market, positioning itself as a promising destination for global wine brands and investors alike.
Vietnam’s real estate sector sees surge in FDI projects in October, despite capital dip
Year-to-date, the real estate industry has attracted 64 projects, with cumulative capital reaching approximately US$5.23 billion, reflecting strong interest from foreign investors despite fluctuations in monthly capital inflows…
Vietnam’s consumer price index for dining out shows steady annual growth
Compared to October 2023, the CPI for dining out rose by 3.81 percent, indicating a noticeable annual increase in prices within this sector. Since December 2023, dining prices have grown by 3.54 percent, highlighting consistent upward pressure through the year…
Concerns grow about real estate debt being carried by Vietnam’s banks
At the end of September outstanding debt in the real estate industry was up 9.15 percent since the end of 2023 and this is raising concerns that risks that have been prevalent over the last couple of years in the housing industry may be being transferred to the banking industry…
E-commerce packages from unregistered firms to be stopped at Vietnam border
Saigon News is saying that packages that don’t have details of the e-commerce platform from which they originated will be prohibited entry–it’s not clear how customs will distinguish between packages from family or friends and unregistered e-commerce platforms and platforms that are not required to be registered…
Vietnam’s processing and manufacturing sector shows strong annual growth
Year-over-year, the industry exhibited even stronger results, with an 8.8 percent increase in output in October 2024 compared to October 2023. Cumulatively, the January-to-October 2024 period saw a 9.6 percent rise over the same period last year…
Vietnam’s food and food services sector sees notable CPI increase with steady year-to-date growth
Year-to-date, from January to October, the CPI for food and food services is up by 4.04 percent over the same period in 2023. This steady increase highlights ongoing demand and cost factors affecting food-related expenses, driven by factors like global supply chain fluctuations and rising raw material costs…
Vietnam’s natural gas extraction on decline despite monthly uptick
The cumulative figures for January through October 2024 reveal a 17.3 percent decrease over the same period last year, indicating persistent obstacles in the sector…
Vietnam’s consumer price index sees slight jump in October
Vietnam’s consumer price index–CPI–compared to October 2023, has risen by 2.89 percent, showing a moderate annual increase in consumer prices. Since December 2023, the CPI has grown by 2.52 percent, suggesting a consistent upward trend through the year; and from September to October 2024, the CPI increased by 0.33 percent, indicating a stable month-to-month price movement with minimal volatility…
Vietnam’s coal and lignite production sees mixed results in October
When measured against October 2023, the sector’s production has dipped by 7.7 percent, continuing a downward trend that highlights the industry’s ongoing challenges…
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