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’s Pacific Airlines has no aircraft left in its fleet
The airline, owned by Vietnam’s national carrier Vietnam Airlines, looks to have returned all of its aircraft though this may have been a repossession. This article in Tuoi Tre is not exactly clear but it does make specific mention of the struggles of Pacific Airlines to pay its debts. “The
VN-Index loses 20.22 points, foreign trader data unavailable, March 18
The VN-Index lost 20.22 points or 1.6 percent Monday to finish the first session of the trading week at 1,243.56. Of note, the daily report issued by the Ho Chi Minh City Stock Exchange, which contains key details on foreign trader activity in the markets, had not been released by
VN-Index falls, foreign traders net-sell US$55.2 million, March 15
The VN-Index fell Friday, losing .48 points or .04 percent to finish the week at 1263.78. Foreign traders exited the market en masse net-shedding US$55.2 million worth of stocks. Foreign trader activity, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$ 11/3 2,107 $89,185,096 1,863
Vietnam meat producers request government intervention in meat imports
The Vietnam Livestock Association and the Animal Feed, Large Livestock and Poultry Breeding associations have made a submission to the Government of Vietnam requesting additional technical barriers on imported meats, Tuoi Tre is reporting. The associations are essentially arguing that Vietnam’s technical requirements for meat imports are lax relative to
Vietnam News Roundup: March 8 to March 14
This week’s Vietnam news roundup covers February cars sales and customs data, gold prices, Vietnam’s stock market, and a range of other business news in Vietnam. Economy news UOB forecasts Vietnam GDP growth of 5.5 percent in Q1 This is an increase over the 3.3 percent Vietnam saw in the
VN-Index falls, foreign traders net-sell US$36 million, March 14
The VN-Index took a hit today, losing 6.25 points or .49 percent to close out the session at 1,264.26 points. Foreign traders continued a three-day streak of net-exiting the market, leaving the local bourse to the tune of almost US$36.9 million. Popular stocks today in terms of volume were securities,
Securities regulator comments on Vietnam stock market upgrade progress
Chairwoman of the State Securities Commission, Vu Thi Chan Phuong, has given an interview to Vietnam News regarding Vietnam’s quest for an upgrade of its stock market from frontier to emerging. Specific details are scant but she does note that the SSC is prioritising: Updating disclosure requirements to encourage firms
VinFast exec claims will break even in 2025
Despite losses totally more than US$2 billion in 2023, Vietnam’s homegrown automaker will break even in 2025, according VinFast President Le Thi Thu Thuy as reported by Zing News. This is a huge undertaking with sales overseas lacklustre at best–just a few thousand–and the vehicles sold in Vietnam mostly to
United Overseas Bank predicts Vietnam GDP growth of 5.5 percent in Q1
This is an increase over the 3.3 percent Vietnam saw in the first quarter of last year, VN Express is reporting. The bank predicts 6 percent credit growth for the year. Of note in this article: According to one quote GDP growth will be linked to the recovery of the
Vietnam car sales fall 51 cent in February
A total of 10,017 cars were sold in February down from 20,536 in February of last year, according to data from the Vietnam Automotive Manufacturers Association and reported by Just Auto. This article says this was partly due to the Lunar New Year holiday. It also says that car sales
VN-Index up, foreign traders net-sell US$18.8 million, March 13
The VN-Index closed up 25.51 points or 2.05 percent on Wednesday to finish the session at 1,270.51. Foreign traders exited the market, however, to the tune of US$18.8 million. Banks, securities, and steel had the most interest in terms of volume. Foreign trader activity, last five trading days Buy Sell
Vietnam’s Imports and Exports, February 2024: Snapshot
Vietnam’s General Department of Customs has released import-export data for February of 2024. Here’s what it has found. Vietnam imports, February 2024, by item February Year to date Description US$ MOM % US$ YOY % Computers, electrical products, spare parts and components thereof 7,083,862,528 -17.2 15,640,557,472 25.0 Machine, equipment, tools,
Snapshot: Manufacturing in Vietnam, February 2024
Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. Manufacturing news in February was somewhat limited with the Lunar News Year reducing production and seeing most businesses close up for at least a week. That said, there
Analysis of Vietnam’s approach to trade union reforms per the EVFTA/CPTPP
DW is carrying this analysis of Vietnam’s approach to ratifying the UN International Labor Organization’s Convention 87 which would allow independent trade unions in Vietnam. Of note, it carries comments from Joe Buckley, a researcher specialising in labour and development in Southeast Asia. He points out that Vietnamese law makes
VN-Index up, foreign traders net-sell US$7 million, March 13
The VN-Index closed up 9.51 points or .77 percent to finish Tuesday at 1,245 points. At the same time,foreign investors net-withdrew US$7 million. The top traded stocks overall were securities, banks, and steel with foreign traders particularly active in Mobile World Group (MWG) and Military Bank (MBB). Foreign trader activity,
Vietnam’s Stock Market Upgrade Opportunity: Unpacked
Over the course of 2023, foreign investors exited their positions in the Ho Chi Minh City Stock Exchange–or the HoSE–to the tune of more than US$1 billion. This mass exodus could have been for any number of reasons: demand in key export markets was faltering, several financial crimes had been
This opinion piece in support of redesignating Vietnam a market economy
John Borton, a non-resident senior fellow at Johns Hopkins/SAIS Foreign Policy Institute, has written an opinion piece for the Geopolitical Monitor in which he argues for making Vietnam a market economy. Borton argues that: There would be bilateral benefits in market access and export opportunities; Other countries have already done
The data in this article about Vietnam’s electric vehicle market
Cleantechnica is running an article about Vietnam’s electric vehicle market in which they use data from the International Trade Association that suggests that the car ownership rate in Vietnam will reach 30 percent by 2030 up from 5.7 percent in 2020. The original report also says that rate will be
VN-Index falls, foreign investors net-buy US$9.9 million, March 11
The VN-Index did not start the week on the right foot falling 11.86 points on Monday or .95 percent to finish the first day of the trading week at 1,235.49. Conversely, foreign investors started the week buying back into the market to the tune of US$9.9 million. Foreign trader activity,
Vietnam banks continue to reduce deposit interest rates
VP Bank, for example, is offering an interest rate of 4.8 percent on a 12-month term deposits, Zing News is reporting. Note that Vietnam has a target for inflation of 4 to 4.5 percent. This suggests that, despite a jump in interbank interest rates in February, banks still have abundant
Vietjet’s parent company calls for stronger aircraft leasing protections just weeks after a UK court authorised the seizure of the airline’s overseas assets. Meanwhile,
In today’s news brief: HP and Asus shift production back to China, Tesla begins hiring in Vietnam, Saigon Commercial Bank closes all but three
In today’s briefing: LPBank’s construction lending has surged 127 percent following revelations that Vingroup’s chairman and his wife became major shareholders. Meanwhile, Vietnam faces
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