Manufacturing & Industry
This category focuses on industrial production, from electronics and textiles to automotive and heavy industry. It covers FDI trends, supply chain developments, factory expansions, and government regulations shaping the industrial landscape. As a key driver of economic growth, manufacturing plays a crucial role in global supply chains, technological advancements, and industrial competitiveness.
Vietnam solar project struggles after project approval breaches
A power generator in Southern Vietnam has reported that key infrastructure projects it is working on are at risk of being delayed as a result of the state power provider, EVN, failing to pay for the power it has provided, VN Express is reporting. The problem appears to have been
Rate cuts in Vietnam likely: Fitch Solutions
Fitch Solutions has said it is expecting a cut to interest rates in Vietnam this year, according to an article published on its website. It reaches this conclusion based on the belief that the 6 to 6.5 percent target for GDP growth for the year is unlikely and that inflation
Vietnam remains on US intellectual property infringement watchlist in 2024
The Office of the United States Trade Representative has released its annual 401 Report which assesses intellectual property protections around the world. Vietnam has maintained its position on the body’s watchlist with a lack of prosecutions and weak law enforcement, the report says.
Chairman of Vietnam’s National Assembly resigns
Vuong Dinh Hue, the Chairman of the National Assembly has resigned after barely two years at the post, VN Express is reporting. The reasons put forward are vague, as they often are, however, it is likely connected with the arrest of his assistant, Pham Thai Ha, on charges of ‘abusing
State Bank considering reducing reserve requirements for buyers of distressed banks
The State Bank of Vietnam–the SBV–has floated the idea of allowing banks that take over distressed banks that are under the SBV special supervision to benefit from reduced reserve requirements, Vietnam News is reporting. This comes on the back of challenges offloading a number of banks that have had to
Vietnam News Roundup: April 19 to April 25
Banking and finance news Credit growth in Vietnam jumps 1.08 percent in just four days Vietnam’s credit growth hit 1.34 percent by March 29 up from .26 percent on March 25, just four days earlier, The Investors has reported. It is not clear where this money went but this is
Vingroup Chairman insists company will continue to support Vinfast
Vingroup Chairman Pham Nhat Vuong told Vingroups annual shareholders meeting that he will ‘never let go’ of Vinfast, VN Express is reporting. According to the article, Pham insisted that Vingroup and all of its subsidiaries would fall in line behind the electric car project. With Vinfast haemorrhaging money it is
This explanation for no feed-in tariffs on excess rooftop solar
There has been some debate as to whether or not rooftop solar projects should receive feed-in tariffs for excess power they feed to the grid. The Ministry of Industry and Trade is against it essentially arguing that if there are feed-in tariffs people will add rooftop solar in order to
Why the State Banks gold auction failed Monday
A gold auction of State Bank of Vietnam–SBV–gold reserves slated for Monday was cancelled and a gold auction that went ahead Tuesday had just two bidders, as a result of floor prices that were too high, VN Express is reporting. It also says that the minimum volume, of 1,400 taels
Standard Chartered cuts .7 percent from Vietnam growth outlook
Standard Chartered has said it expects Vietnam’s GDP growth to be around 6 percent in 2024 down from an earlier forecast of 6.7 percent, VN Express is reporting. Notably, the target of 6.7 percent was quite high relatively speaking–Vietnam’s National Assembly, which has a tendency to be overly optimistic, had
Vietnam IP Conviction ‘Minor Miracle’: Torrent Freak
The People’s Court of Hanoi has sentenced a man to 30 months in prison–suspended–and issued him a fine of US$4000, for online piracy, Torrent Freak has reported. The publication describes the outcome as a ‘minor miracle’ with convictions of intellectual property infringements in Vietnam unusual. This outcome was four years
The State Bank of Vietnam lent out US$1.4 billion Tuesday
Reported in Vietnam Biz, this is a huge sum of money relatively speaking. With the State Bank also continuing to issue treasury bills to suck money out of the economy and reduce pressure on the exchange rate, t looks very much like there is an interbank lending problem–the specifics of
World Bank forecasts 5.5 percent growth for Vietnam: Report
The World Bank’s April Taking Stock Report is forecasting GDP growth for Vietnam of 5.5 percent. Whereas the publication mostly rehashes the standard reasons why it expects GDP growth to improve–more demand overseas and stronger FDI it also offers a chapter on entrepreneurship and startups.
How the State Bank of Vietnam’s federal reserves are sold into the market
The State Bank of Vietnam–the SBV–has started selling its US dollar reserves in order to stop the local currency from devaluing further. According to this article from Tuoi Tre it is doing this by selling its dollars to banks that hold negative foreign currency positions. They are allowed to buy
Vietnam coal power profits surge, but renewables, gas struggle
Coal power plants in Vietnam are reporting bumper profit increases of up to 1,424 percent on the back of poor weather conditions dampening hydropower outputs, Tuoi Tre is reporting. It also states that gas power projects have also not fared well, saying this was due to reduced outputs and lower
No one wants the State Bank of Vietnam’s gold
In an odd turn of events, a gold auction slated for yesterday was cancelled due to a lack of interest and a second, today, had just two bidders that bought a collective 3,400 taels of gold of the 16,400 on offer, VN Express is reporting. This is after gold auctions
New KRX trading system to go into action on Vietnam stock exchange from May 2
The Ho Chi Minh City Stock Exchange has said that the KRX trading system, imported from South Korea, will go live after the long weekend on May 2, Tuoi Tre is reporting. It was, however, slated to launch in 2015 but has been repeatedly delayed. Most recently, it was supposed
Vietnam’s bank debt restructuring circular extended
The State Bank of Vietnam–the SBV–has extended the duration of Circular 02/2023/TT-NHNN which gives banks the ability to restructure a customer’s debts without reclassifying the risk level of said debt, The Saigon Times is reporting. This circular was first introduced last year to battle blowouts of debt that came about
Credit growth in Vietnam jumps 1.08 percent in just four days
Vietnam’s credit growth hit 1.34 percent by March 29 up from .26 percent on March 25–just four days earlier–, The Investors is reporting. It is not clear where this money went but relatively speaking this is a big change in a very short amount of time. Notably, January and February
State Bank of Vietnam to kick off gold auctions with 630 kilos of gold
In its first gold auction since 2013 the State Bank of Vietnam is set to make available about 630 kilograms of gold for banks and financial firms to bid on, VN Express is reporting. The online publication is also saying that the SBV intends to import more gold to fill
In today’s Vietnam news: Fuel prices cut, Double-digit growth target reinforced, New airport services delay approval requested, TikTok VN investment, Bybit in Vietnam, LG
In today’s Vietnam news: VN renews antidumping tariffs on Thai sugar, Power supply challenges continue, USTR tariffs forced labour, AMRO growth forecast downgrade, Foreign
In today’s Vietnam news: Fund outflows May, New HCMC airport trial operations to begin September, M&A HCMC 2026, Compensation for gas-to-electric bike switch Hanoi,
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