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 textile, leather, and footwear material imports rise by 6.40 percent in December
China remained the dominant supplier, exporting US$349.57 million in December, up 5.56 percent month-on-month. Other suppliers collectively contributed US$87.24 million, a significant 17.00 percent increase. Thailand and Japan also showed strong growth, with imports rising by 19.03 percent and 8.40 percent, respectively.
Vietnam’s arts, entertainment, and recreation sector sees growth in FDI in December
In 2024, the sector attracted a total of 8 new projects with US$14.29 million in newly registered capital.
Vietnam’s communication equipment production records steady annual growth
Year-on-year, the sector grew by 6.9 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 7.8 percent compared to 2023, highlighting consistent progress in this critical industry.
Vietnam News Roundup: January 17 to January 23
This week’s Vietnam news roundup covers the latest State Bank open market operations, Novaland’s latest delayed bond payment, pushback on compulsory motorbike insurance, and more…
Seychelles maintains steady foreign direct investment in Vietnam in December
In 2024, Seychelles recorded investments in Vietnam in the amount of 27 new projects with US$273.97 million in newly registered capital…
Vietnam housing and construction materials prices increase in December 2024
For the full year, prices of housing and construction materials showed a 5.20 percent rise over 2023 levels, reflecting sustained growth in the sector.
Vietnam’s machine, equipment, tools, and instruments exports decline by 6.36 percent in December
Vietnam’s machine, equipment, tools, and instruments exports total US$52.19 billion for 2024, reflecting strong demand despite the month-on-month decline.
Vietnam’s imports of milk and milk products decline by 2.82 percent in December
New Zealand remained the largest supplier, contributing US$30.05 million, a 16.19 percent increase from November. Australia showed the highest month-on-month growth, surging by 59.29 percent to US$14.93 million. Imports from the USA and Malaysia also saw increases of 4.08 percent and 7.30 percent, respectively.
Vietnam’s plywood and veneer production grows steadily in 2024
Year-on-year, the sector expanded by 7.5 percent in December 2024 compared to December 2023. Over the full year, cumulative growth reached 12.0 percent in 2024 compared to 2023, highlighting robust performance in this industry.
Vietnam’s Ba Ria – Vung Tau province sees fall in FDI performance in 2024
The continued FDI inflows highlight Ba Ria – Vung Tau’s attractiveness as a key investment destination, particularly in industries such as energy, logistics, and manufacturing…
Vietnam’s cement and lime sector shows steady growth in December
Year-on-year, the sector grew by 7.9 percent in December 2024 compared to December 2023. However, for the full year of 2024, cumulative growth was a modest 0.3 percent compared to 2023, indicating stabilisation in the industry over the year.
Vietnam’s beverage production grows moderately in December 2024
Year-on-year, the sector expanded by 5.9 percent in December 2024 compared to December 2023. Over the full year of 2024, cumulative growth was recorded at 1.4 percent compared to 2023, reflecting moderate overall progress.
Vietnam’s fresh milk production estimated to reach 2.05 billion liters in 2024
In November 2024, the country produced 176.7 million liters of fresh milk, maintaining a solid output despite a slight increase in December.
Vietnam’s iron and steel products exports rise by 23.05 percent in December
Vietnam’s iron and steel products exports total US$4.59 billion for 2024.
Vietnam’s cosmetics and toiletries production posts steady annual growth
Year-on-year, the sector declined by 7.4 percent in December compared to December 2023. However, for the full year of 2024, cumulative growth reached 8.3 percent compared to 2023, demonstrating a solid annual performance despite the December dip.
Vietnam’s imports of animal and vegetable fats and oils rise by 4.90 percent in December
Indonesia was the largest supplier, contributing US$78.64 million, a 22.05 percent increase from November. Imports from Australia and India also saw significant growth, rising by 39.61 percent and 21.57 percent, respectively. The “Other” category experienced the highest growth, increasing by 22.41 percent to US$5.87 million.
Vietnam’s chemical product imports increase by 5.65 percent in December
China remained the largest supplier, exporting US$290.89 million worth of chemical products, reflecting a 10.66 percent month-on-month increase. South Korea followed, contributing US$80.40 million, a 7.21 percent rise. Imports from Thailand and Germany also showed significant growth, rising 8.20 percent and 10.01 percent, respectively.
What Recent Traffic Reforms Say About Doing Business in Vietnam
Change is afoot on the typically chaotic streets of Vietnam with significantly increased fines introduced at the start of the year for a myriad of traffic violations. These changes can in many ways be seen as a proxy for Vietnam’s economic development more broadly. Here’s how.
Samoa sees jump in foreign direct investment in Vietnam in December
In 2024, Samoa recorded investments in in Vietnam to the tune of 45 new projects with US$855.55 million in newly registered capital…
Vietnam’s Binh Duong continues strong FDI performance in 2024
The ongoing growth in FDI highlights Binh Duong’s continued attractiveness as a key industrial and manufacturing hub in Vietnam…
In today’s Vietnam news: GS TL on AI, Saigon Economic Times last issue, Fuel prices cut, Vinhomes issuing more bonds, Counterfeit Korean cosmetics store,
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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