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.

VN Index up, foreign traders net-buy US$18.85 million, January 22

The VN-Index has finished the start of the trading week up 1.36 points or .12 percent to finish the day at 1,182.86 points. Foreign traders have continued to net-buy into the market to the tune of US$18.85 million.  Trading history, foreign investors, last five trading days Buy Sell Change Date

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Snapshot: Manufacturing in Vietnam, December 2023

Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. December overview There wasn’t much good news for Vietnam’s manufacturing sector in December. Whereas there had been a slight change of fortune early in the fourth quarter, in

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Vietnam to see 3rd highest growth in ASEAN: AMRO

The ASEAN+3 Macroeconomic Research Office (AMRO) January update has suggested Vietnam’s GDP growth in 2024 could be the third highest in the region at an estimated 6 percent. Thought the report does not provide analysis specific to Vietnam it broadly suggests that the regional economy is improving on the back

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C.Bank expecting credit growth of 4.4 percent in Q1 2024

State Bank of Vietnam’s Department of Forecasting and Statistics has said it expects credit growth in Vietnam to grow by 4.4 percent in the first quarter of the year, The Saigon Times is reporting.  This is after credit growth averaged just 3.38 percent per quarter last year. Notably, there was

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Vietnam’s industrial production index rises in December

Vietnam recorded 5.8 percent growth in its industrial production index in December over a year earlier, The Investors has reported. For the year the country record just 1.5 percent. The GSO says under performance is the result of falling global demand. Performance by sector Manufacturing-processing sector grew by 1.6 percent;

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Why foreign investors are exiting the Vietnam stock exchange

Despite the VN-Index finishing 2023 up 12.2 percent last year, foreign traders exited the market to the turn of over US$1 billion–more than US$408 million in December alone. Vietnam News is carrying ‘expert’ analysis of this phenomena but the article contains only two key observations: EU and US markets are

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Vietnamese coffee reaches highest price ever

Coffee prices in Vietnam hit 72,500 (US$$2.87) per kilo today the highest price ever, VN Express is reporting. The publication credits this to concerns about supply shortages due ships avoiding the Suez Canal due to conflict in the Red Sea and instead going around Africa. Vietnam coffee prices, Dak Lak,

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Salmon smuggler bypasses China trade restrictions using Vietnam

A radio appearance by the husband of a Norwegian citizen convicted of smuggling Norwegian salmon from Vietnam to China in 2018, has reopened an old wound for one of Norway’s biggest salmon producers, Salmar, IntraFish is reporting. Of interest, is that the accused was moving salmon from Vietnam to China

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Survey finds outlook not bright for Vietnam businesses this year

Almost 73 percent of businesses in Vietnam intend to scale-down, temporarily suspend operations, or shut-up shop altogether in 2024, according to a survey conducted by the Private Economic Development Research Board (Division IV) and VN Express. Pulled from the responses of 2,700 Vietnamese businesses, the survey also found that of

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Vietnam lottery revenue hits highest point ever

Vietnamese lottery firms recorded revenue of US$1.87 billion in 2023 up from US$1.4 billion in 2022, Zing News is reporting. There is no analysis provided, however, this is not necessarily a good thing. It is common for spikes in lottery ticket sales to coincide with periods of economic uncertainty as

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Nearly three million small businesses selling goods on TikTok in Vietnam

As of the end of November 2023, there were 2.8 million micro and small-t-medium sized businesses flogging their wares on TikTok, Tuoi Tre is reporting. The most common goods being sold were clothes, homewares, health and personal care products, electronics, and cosmetics. This is worth noting for foreign firms looking

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Retail credit in Vietnam is reportedly on the decline

Vietcombank Securities Company (VCBS) has released a report in which it found the share of retail loans of total credit in Vietnam had fallen from 47 percent in 2022 to 46 percent at the end of November, Vietnam Plus is reporting. Of note, the situation has changed dramatically since this

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Vietnam banks continue to cut deposit interest rates

Interest rates on deposits at Vietcombank, one of Vietnam’s biggest banks, have been cut to as low as 1.7 percent on some accounts, Vietnam Plus is reporting. This is on the back of lower demand for loans. Of note, however, is that this comes after Vietnamese banks issued an average

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