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.

Manufacturing: Vietnam March new manufacturing FDI tops US$2 billion

Vietnam’s processing and manufacturing industry recorded a total of US$2,077.01 million in foreign direct investment in March, according to the latest data from the Ministry of Planning and Investment. This included 123 new projects valued at US$1,174 million, accounting for more than half of total inflows.

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Manufacturing: Vietnam April PMI sees sector contract sharply as US tariffs hit

Vietnam’s manufacturing sector shrank in April as newly announced US tariffs triggered a sharp drop in orders, production, and sentiment, according to a press release from S&P Global Vietnam Manufacturing Purchasing Managers’ Index. Vietnam’s PMI fell to 45.6, down from 50.5 in March, signalling the steepest monthly contraction since May 2023, largely as a result of the US tariffs announced at the start of the month, the press release says.

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Footwear: Nike, Adidas warn Trump tariffs threaten Vietnam-made US shoe supplies

A coalition of 76 brands including Nike, Adidas, Skechers, and Under Armour has warned the White House that recently announced import tariffs are an “existential threat” to their businesses. In a letter penned by the Footwear Distributors and Retailers of America, the brands have claimed that many firms cannot absorb or pass on the new costs, particularly those selling to low- and middle-income consumers, CNBC has reported.

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Vietnam FDI by Sector: March Update [data set] : Projects, Capital

Vietnam added another 334 new foreign direct invested projects in March, along with just over US$4.01 billion in additional capital commitments, according to data from Vietnam’s Ministry of Planning and Investment. The biggest gains were in manufacturing and processing which added 123 new projects and US$1.17 billion in capital commitments.

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Vietnam’s rolled steel output down 1.8 percent year-on-year in Q1

Vietnam’s rolled steel production reached 1,136,300 tons in March, up from 1,065,100 tons in February, but 3 percent lower than the same month last year. Total output for the first quarter stood at 3,340,700 tons, reflecting a 1.8 percent year-on-year decline, according to data from the General Statistics Office.

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Automotive: Vietnam’s luxury car market reaches US$1.9 billion, slow growth projected through 2033

Vietnam’s luxury car market reached a valuation of US$1.9 billion in 2024 and is projected to grow modestly to US$2.1 billion by 2033, according to a new report by IMARC Group. Rising affluence, urban expansion, and social status-driven purchases are supporting demand, though the compound annual growth rate (CAGR) is expected to remain low at 1.15 percent.

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Vietnam’s crude steel output slips 0.1 percent year-on-year in Q1

Vietnam’s crude steel production reached 1,705,300 tons in March, up from 1,618,400 tons in February, marking a 1.0 percent increase compared to March 2024. However, total output for the first quarter stood at 4,928,200 tons, reflecting a slight 0.1 percent decline year-on-year, according to data from the General Statistics Office.

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Electricity: Vietnam releases generation price framework for solar power

Vietnam’s Ministry of Industry and Trade has officially announced its electricity generation price framework. The Decision, effective upon signing, establishes maximum electricity generation prices (excluding VAT) for both solar power plants without and with battery storage systems, differentiated by region (North, Central, and South).

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