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 cement output up 4.0 percent year-on-year in Q1

Vietnam’s cement production reached 14.4 million tons in March, up from 11.1 million tons in February, showing a 1.5 percent increase compared to March 2024. Total output for the first quarter stood at 36.9 million tons, up 4.0 percent year-on-year, according to data from the General Statistics Office.

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Banking: BIDV flags risk to US$11.6 billion credit portfolio from US tariffs

At its 2025 annual general meeting, BIDV Chairman Phan Duc Tu warned that US “reciprocal” tariffs could affect around VND 300 trillion (US$11.58 billion) of the bank’s outstanding loans, representing 15 percent of its total credit balance. Industries most at risk include steel, plastics, seafood, textiles, and electronics, Cafe F is reporting. 

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Vietnam’s leather footwear output up 9.1 percent year-on-year in Q1

Vietnam’s production of leather shoes and sandals reached 28.4 million pairs in March, up from 26.6 million pairs in February, marking an 8.9 percent increase compared to March 2024. Total output for the first quarter stood at 80.9 million pairs, up 9.1 percent year-on-year, according to data from the General Statistics Office.

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Vietnam Industry Guide 2025: Manufacturing, Tech, Footwear & More

Vietnam’s economy has experienced rapid growth over recent decades, driven by a diverse range of key industries that contribute significantly to the nation’s GDP. These industries have been pivotal in transforming Vietnam from a primarily agrarian society into one of the fastest-growing economies in Southeast Asia.

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Vietnam’s casual clothing output up 14.3 percent year-on-year in Q1

Vietnam’s casual clothing production reached 492.8 million pieces in March, up from 441.0 million pieces in February, reflecting a 15.9 percent increase compared to March 2024. Total output for the first quarter stood at 1.39 billion pieces, up 14.3 percent year-on-year, according to data from the General Statistics Office.

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Beer: Vietnam’s Sabeco to double down on local market amid tariff risks

Sabeco will focus its strategy on the domestic Vietnamese market rather than export markets, CEO Lester Tan Teck Chuan told shareholders at the company’s 2025 annual general meeting. Exports currently account for just 1 percent of Sabeco’s revenue, and rising global risks, including potential U.S. reciprocal tariffs on aluminum, have reinforced the brewer’s domestic focus, English news site The Investor is reporting.

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Vietnam’s beer output dips 0.7 percent year-on-year in Q1

Vietnam’s beer production reached 349.2 million litres in March, up from 280.0 million litres in February. Total output for the first quarter stood at 970.4 million litres, reflecting a modest 2.0 percent increase compared to March 2024 but a 0.7 percent decline year-on-year, according to data from the General Statistics Office.

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Trade: Vietnamese exporters warn of collapse if US tariffs return: “We could not survive”

Two Vietnamese entrepreneurs, whose firms depend almost entirely on exports to the United States, have voiced grave concern about the impact of the proposed 46 percent US tariff. Speaking to BBC News, SHDC Electronics founder Le Song Hao and KPY Interior CEO Hoang Thi Nhu Yen said their businesses are already under pressure and may not survive if punitive tariffs are reinstated after the current 90-day suspension.

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Automotive: VinFast shifts focus to Asia amid widening losses

Vietnamese electric vehicle (EV) maker VinFast reported a US$1.26 billion loss in Q4 2024, an 81 percent increase year-on-year. The company will deprioritise North America and Europe, turning instead to Asia, including India, Indonesia, the Philippines, and Vietnam, Bloomberg has reported.

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Garments and textiles: H&M-backed Syre to invest US$1 billion in Vietnam

Garment manufacturing in Vietnam is set to receive a significant boost with Syre Group—a subsidiary of H&M Group and Vargas—announcing a US$1 billion investment in building a high-tech polyester recycling complex in Binh Dinh province. The project aims to turn Vietnam into the first global hub for fabric recycling using renewable energy and advanced EU–US standards, VN Express is reporting.

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