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.
Switzerland firms add US$45.29 million to Vietnam’s January FDI tally
In January, Swiss firms contributed US$45.29 million in foreign direct investment (FDI) in Vietnam across 1 new project, according to data from Vietnam’s Ministry of Planning and Investment. This represents an increase of US$42.48 million compared to December, which saw US$2.81 million in registered capital with 1 new project.
State Bank of Vietnam Deputy Governor raises concerns re: private debt to GDP
Deputy Governor of the State Bank of Vietnam Dao Minh Tu has raised concerns with respect to Vietnam’s private debt to GDP, currently about 135 percent, with a private lending growth target that if reached will see that figure hit 145 percent.
Vietnam electric car registration fee exemption extended by 2 years
An exemption to registration fees for electric vehicles that was set to come to an end Friday has been extended for two years per government Decree. The Ministry of Finance has estimated that the extended cut could cost the budget around VND 4,800 billion (US$187.8 million) a year.
Rubber and plastic products production in Vietnam declines in January
Vietnam’s production of rubber and plastic products increased by 54.7 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 83.6 percent above 2019 levels.
Vietnam’s Hanoi tackles air pollution by banning buses in Old Quarter
Hanoi is trialling a program that bans buses and vehicles with more than 16 seats from entering the city centre during the morning and afternoon peak. This is designed to reduce traffic congestion in the city.
Vietnam PM meets with China firms Friday, US firms Saturday
The Prime Minister of Vietnam, Pham Minh Chinh, met with Chinese business leaders Friday and with business leaders from the US on Saturday. Talks with both countries followed basically the same line with the Vietnamese Prime Minister pushing for greater foreign direct investment and long term commitments to Vietnam’s economic development.
Malaysian firms add US$68.7 million to Vietnam’s January FDI tally
In January, Malaysian firms contributed US$68.7 million in foreign direct investment (FDI) in Vietnam across 8 new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents an increase of US$43.49 million compared to December, which saw US$25.21 million in registered capital with 3 new projects.
Medical and rehabilitation equipment production in Vietnam sees January decline
Vietnam’s production of medical, dental, orthopaedic, and rehabilitation equipment and instruments increased by 57.5 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 84.6 percent above 2019 levels.
Samoa firms add US$81.03 million to Vietnam’s January FDI tally
In January, Samoa firms contributed US$81.03 million in foreign direct investment (FDI) in Vietnam across 3 new projects, according to data from Vietnam’s Ministry of Planning and Investment. This marks an increase of US$3.16 million compared to December, which saw US$77.87 million in registered capital with 5 new projects.
Vietnam’s pastry, sweets, and cereal product exports fall by 16.28 percent in January
Vietnam’s exports of pastry, sweets, and cereal products declined by 16.28 percent month-on-month in January, reaching US$97.83 million, according to Vietnam’s General Department of Customs.
Vietnam’s coal exports plunge 65.89 percent in January
Vietnam’s coal exports saw a dramatic drop of 65.89 percent month-on-month in January, reaching just US$6.39 million, according to Vietnam’s General Department of Customs. This follows a substantial decrease from US$18.73 million recorded in December.
Vietnam’s imports of rubber fall 25.55 percent in January
Vietnam’s imports of rubber decreased by 25.55 percent month-on-month in January, reaching US$282.94 million, according to Vietnam’s General Department of Customs. This follows a decline from US$380.03 million recorded in December.
Taiwan firms add US$138.81 million to Vietnam’s January FDI tally
In January, Taiwan firms contributed US$138.81 million in foreign direct investment (FDI) in Vietnam across 18 new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents a decline of US$109.95 million compared to December, which saw US$248.76 million in registered capital with 14 new projects.
Motorcycle manufacturing in Vietnam sees strong monthly growth despite annual decline
Vietnam’s motorcycle manufacturing industry increased by 68.6 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. This was higher than December 2024, when output stood at 24.7 percent above 2019 levels.
Vietnam’s yarn exports fall 21.71 percent in January
Vietnam’s yarn exports declined by 21.71 percent month-on-month to US$301.31 million in January, according to Vietnam’s General Department of Customs.
Vietnam News Roundup: February 21 to February 27
This week’s Vietnam news roundup covers the latest State Bank open market operations, a new dog racing track for Lam Dong, calls for a 7 percent minimum wage hike, and more…
Vietnam’s paper and paper product exports decline by 15.16 percent in January
Vietnam’s exports of paper and paper products fell by 15.16 percent month-on-month in January, reaching US$148.81 million, according to Vietnam’s General Department of Customs.
Processing and manufacturing industry output in Vietnam sees January fall
Vietnam’s processing and manufacturing industry increased by 72.6 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 92.8 percent above 2019 levels.
Vietnam’s exports of clinker and cement drop 11.27 percent in January
Vietnam’s exports of clinker and cement fell by 11.27 percent month-on-month in January, reaching US$76.42 million, according to Vietnam’s General Department of Customs. This follows a decline from US$86.12 million recorded in December.
Vietnam’s imports of precious stones and precious metals fall 36.76 percent in January
Vietnam’s imports of precious stones and precious metals decreased by 36.76 percent month-on-month in January, reaching US$55.43 million, according to Vietnam’s General Department of Customs. This follows a significant decline from US$87.64 million recorded in December.
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