A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to subscribe.
How to Open a Trading Account in Vietnam: Technical Guide 2024
How to Open a Hotel in Vietnam: Ultimate Guide 2024
How to Open a Retail Store in Vietnam: Ultimate Guide 2024
How to Open a Supermarket in Vietnam: Ultimate Guide 2024
How to Export Clothing from Vietnam: Ultimate Guide 2024
How to Import Clothing Materials to Vietnam: Ultimate Guide 2024
How to Manufacture Clothing in Vietnam: Ultimate Guide 2024
How to Open a Data Centre in Vietnam: Ultimate Guide 2024
How to Start an Import Business in Vietnam: Ultimate Guide 2024
How to Export Food from Vietnam: Ultimate Guide 2024
How to Import Food into Vietnam: Ultimate Guide 2024
How to Start a Real Estate Business in Vietnam in 2024
How to Brew Beer in Vietnam: Ultimate Guide 2024
How to Make Video Games in Vietnam: Ultimate Guide 2024
How to Start an Export Business in Vietnam: Ultimate Guide 2024
How to Import Footwear Materials to Vietnam: Ultimate Guide 2024
How to Export Footwear from Vietnam: Ultimate Guide 2023
How to Manufacture Shoes in Vietnam: Ultimate Guide 2024
How to Set Up a Company in Vietnam: Technical Guide 2024
cheat sheets
Residential Real Estate in Vietnam: Industry Overview 2024
Industrial Real Estate in Vietnam: Industry Overview 2024
Commercial Real Estate in Vietnam: Industry Overview 2024
Vietnam’s Automotive Industry: Industry Overview 2024
Vietnam’s Cement Industry: Overview 2024
Vietnam’s Cashew Nut Industry: Overview 2024
Vietnam’s Animal Feed Industry: Overview 2024
Vietnam’s Healthcare Industry: Overview 2024
Vietnam’s Fabric Manufacturing Industry: Overview 2024
Vietnam’s Wood Manufacturing Industry: Overview 2024
Vietnam’s Yarn Manufacturing Industry: Overview 2024
Vietnam Garment Manufacturing: Industry Overview 2024
Vietnam Golf Industry: Overview 2024
Vietnam Wine Industry: Overview 2024
Vietnam Online Shopping: Industry Overview 2024
Vietnam’s Wind Power Industry: Overview 2024
Vietnam’s Coal Power Industry: Overview 2024
Vietnam’s Gas Power Industry: Overview 2024
Vietnam’s Solar Power Industry: Overview 2024
Vietnam’s Music Industry: Overview 2024
snapshots
Average Salary in Vietnam Q3, 2024
Vietnam’s VN30 Index Stocks 2024
Where are Adidas made in Vietnam 2024?
Vietnam’s Economy: Everything You Need to Know 2024
Vietnam Trade: Everything You Need to Know 2024
List of Vietnam’s Free Trade Agreements 2024
Freight Forwarding in Vietnam: Overview 2024
Last-Mile Delivery in Vietnam in 2024
Vietnam’s Natural Resources Tax
Author: the-shiv
Residential Real Estate in Vietnam: Industry Overview 2024
Vietnam’s residential real estate market is shaped by urbanisation, economic growth, and rising demand for diverse housing options. Major cities like Ho Chi Minh City and Hanoi dominate the sector, with developments ranging from affordable apartments to luxury villas. That said, there are challenges in the sector such as affordability issues and rising land prices. Regardless, the residential market remains a vital component of Vietnam’s real estate landscape.
Industrial Real Estate in Vietnam: Industry Overview 2024
Vietnam’s industrial real estate market has been evolving, driven by urbanisation, economic shifts, and increasing foreign investment. Key regions such as Ho Chi Minh City and Hanoi dominate the sector, with industrial parks and logistics hubs in high demand due to the influx of multinational manufacturers and Vietnam’s growing role in global supply chains.
Commercial Real Estate in Vietnam: Industry Overview 2024
The retail sector is undergoing a transformation, with traditional shopping formats adapting to the rise of e-commerce. Developers are focusing on integrated spaces that blend shopping, dining, and entertainment to meet evolving consumer demands. Office demand, while recovering post-pandemic, is increasingly shifting towards flexible workspaces and decentralised locations.
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.
Vietnam’s Automotive Industry: Industry Overview 2024
Vietnam’s automotive industry has come a long way as middle-class incomes have grown facilitating a shift from motorcycles to cars. However, the automotive industry in Vietnam can be complex, governed by a patchwork of local regulations and free trade agreements. In light of this, this cheat sheet provides a brief overview of Vietnam’s automotive industry touching on the key points foreign firms should be aware of.
Vietnam’s exports to Indonesia grow 6.8 percent in October
Vietnam’s exports to Indonesia reached US$527.62 million in October, up 6.80 percent month-on-month with year-to-date export value totalling US$5.16 billion, according to Vietnam’s General Department of Customs.
FDI inflows from the Netherlands to Vietnam show positive growth
Year-to-date figures show a total of 11 new projects and US$164.84 million in newly registered capital. These figures demonstrate that the Netherlands remains a significant contributor to Vietnam’s economic development, particularly in sectors such as manufacturing and processing.
Vietnam’s PMI falls in November but still in growth territory
The S&P Global Vietnam Manufacturing Purchasing Managers’ Index recorded a fall in November over October, from 51.2 points to 50.8, according to a press release from the firm. This is still above the 50-point no-change point signalling the sector is still in an expansionary phase.
Vietnam NA approves Vietnam Airlines share issue to clear outstanding debts
This is an interesting development in that 86 percent of the airline is owned by the government. With this in mind, the National Assembly has effectively given the government permission to issue several thousand billion dong worth of shares to itself. It’s not clear, however, if the National Assembly will give the government permission to buy said shares.
Vietnam’s precious stone and metal exports grow in October, but year-to-date figures decline
However, year-to-date performance remains weak. From January to October, exports in this category totalled US$523.14 million, marking a significant 38.3 percent decline compared to the same period in 2023.
Concerns re: Low domestic consumption spark response from Vietnam PM
Overall, local media coverage suggests broad consensus that there is a domestic consumption problem, relative to past experiences, in the lead up to the Lunar New Year. That said, there does not seem to be much in the way of analysis of the specific aspects of the Prime Minister’s Directive or how it might manifest in a practical sense…
Vietnam NA approves resuming pursuit of Ninh Thuan nuclear power plant
Coverage from Dau Tu Chung Khoan notes that the cost was estimated to be VND 200,000 billion in 2009 (This is about US$7.9 billion at today’s exchange rate). In addition, the publication points out that several key issues were raised by the NA including radioactive waste management and community safety, though these do not appear to have been addressed.
Vietnam’s exports to the Philippines rise 11.69 percent in October
Vietnam’s exports to the Philippines reached US$600.87 million in October, marking an 11.69 percent increase month-on-month with the year-to-date export value reaching US$5.22 billion, according to Vietnam’s General Department of Customs…
Vietnam retail sales of services records steady growth in October
In September, the sector recorded sales of VND 56.56 trillion, equivalent to US$2.23 billion. In October, this rose to VND 57.95 trillion, or US$2.28 billion, showing a month-on-month growth of 2.46 percent.
Vietnam’s plastic product exports grow in October, year-to-date performance remains robust
Year-to-date figures further highlight strong performance. From January to October, Vietnam exported plastic products valued at US$5.46 billion, a 30.5 percent increase compared to the same period in 2023.
FDI inflows from the UK to Vietnam show steady growth
Year-to-date data shows a total of 40 new projects and US$225.65 million in newly registered capital. These figures indicate that the UK continues to play an important role in Vietnam’s economic development, particularly in sectors like manufacturing and processing.
Vietnam’s exports to India decline in October
Vietnam’s exports to India totalled US$713.24 million in October, a decline of 10.90 percent compared to September, according to Vietnam’s General Department of Customs.
get connected with an expert
contribute a guest post
send a letter to the editor
submit a press release
Does Vietnam Have a Private Consumption Problem Too?
The 8th Session of Vietnam’s National Assembly: Key Takeaways
Rethinking Financing Vietnam’s Clean Energy Transition
Vietnam’s New Social Media ID Regulations: Breaking Down the ‘Why?’
How Well Prepared Is Vietnam for a Trump Presidency?
Temu in Vietnam: What’s Fair in Free Trade?
Media Relations in Vietnam: Lessons from VinFast
It’s Time to Talk About Vietnam’s Credit Growth Policy…
Vietnam’s Economy in Q3 Beyond GDP Growth: Unpacked
Paying For Vietnam’s High-Speed Rail: Unpacked
Should Vietnam Be Worried About Indonesia Joining the CPTPP?
Why More Foreign Films Aren’t Made in Vietnam
Can Vietnam Survive the Steel-Trade Wars?
A Brief History of Startups in Vietnam: Unpacked 2024
What’s Going On with Vietnam’s Car Market in 2024?
How African Swine Fever is Reshaping Vietnam’s Pork Market
Is a Sugar Tax Right for Vietnam?