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.
UK court grants anti-suit injunction against Vietnam’s Vietjet
The UK’s Commercial Court has granted anti-suit injunctions to banks BNP Paribas and Natixis against Vietjet with respect to court proceedings Vietjet had intended to pursue in Vietnam. The banks had previously held lease agreements with the airline with respect to several aircraft, lease agreements Vietjet defaulted on. The banks had pursued, and been awarded the injunctions, on the grounds that the agreements with Vietjet specifically assigned the UK courts jurisdiction over any dispute between the parties.
Vietnam’s ready-made garment production records strong growth in 2024
Year-on-year, the sector expanded by 13.9 percent in December 2024 compared to December 2023. For the entire year, cumulative growth reached 6.1 percent in 2024 compared to 2023, reflecting a strong performance in this segment.
Malaysia sees mixed foreign direct investment performance in Vietnam in December
In 2024, Malaysia invested in 44 new projects in Vietnam with US$185.19 million in newly registered capital.
Vietnam’s water supply and waste treatment sector sees FDI jump in December
In 2024, the sector attracted a total of 1 new project with US$20,630 in newly registered capital…
Vietnam’s textile, leather, and footwear materials and auxiliaries exports rise by 4.22 percent in December
Vietnam’s exports of textile, leather, and footwear materials and auxiliaries total US$2.23 billion for 2024, reflecting steady growth in the sector.
Vietnam’s imports of electric consumer products rise by 27.99 percent in December
China was the leading supplier, contributing US$103.22 million, a 20.92 percent increase from November. Thailand followed with US$62.45 million, growing by 34.40 percent. Malaysia recorded the largest month-on-month growth, with imports surging by 114.73 percent to US$21.04 million. Japan also saw significant growth, rising 67.45 percent to US$3.49 million.
Building An International Financial Centre in Vietnam: Unpacked
At the end of December, the Government of Vietnam passed Resolution No 259/NQ-CP approving a plan to create regional and international financial centres in Danang and Ho Chi Minh City. Whereas the plan puts the emphasis on location this article looks at the regulatory issues holding this project back.
India sees decline in foreign direct investment in Vietnam in December
In 2024, India invested in 48 new projects with US$86.69 million in newly registered capital.
Vietnam’s paper and paper products production sees consistent 2024 growth
Year-on-year, the sector grew by 9.7 percent in December 2024 compared to December 2023. For the full year, cumulative growth stood at 9.5 percent in 2024 compared to 2023, reflecting consistent progress in this essential industry.
Vietnam’s fabric imports rise to US$1.33 billion in December
Year-to-date imports totalled US$14.91 billion. China continued to dominate as the top supplier with US$884.41 million in imports, growing by 2.12 percent. South Korea followed with US$143.75 million, a 4.11 percent monthly rise, while Japan saw a significant 11.52 percent increase to reach US$63.24 million. Meanwhile, Malaysia recorded the highest monthly growth of 55.16 percent, contributing US$13.39 million.
Vietnam’s corporate bond market sees December jump, over US$2.3 billion in issuances
Looking ahead to 2025, VND 216,670 billion (US$8.67 billion) worth of corporate bonds will reach maturity, with real estate bonds making up the largest portion, at VND 120,640 billion (US$4.83 billion), or 55.6% of the total.
Vietnam’s furniture manufacturing sector sees strong annual growth in 2024
Year-on-year, the sector grew by 14.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached a remarkable 23.8 percent compared to 2023, highlighting exceptional annual performance in this vital industry.
Vietnam’s crude oil exports rise by 22.86 percent in December
Vietnam’s exports of crude oil total US$1.73 billion for 2024…
Vietnam’s telephones, mobile phones, and parts thereof exports decline by 3.27 percent in December
Vietnam’s exports of telephones, mobile phones, and parts thereof total US$53.89 billion for 2024, maintaining a strong position in the global market despite the month-on-month decline.
Netherlands jump in foreign direct investment in Vietnam in December
In 2024, the Netherlands invested in 24 new projects with US$546.05 million in newly registered capital.
Vietnam garments, hats, and shoes prices rise moderately in December 2024
Year-on-year, December 2024 prices for garments, hats, and shoes increased by 1.16 percent compared to December 2023. For the entire year, the CPI for this category rose by 1.40 percent compared to 2023.
Vietnam’s machine, equipment, and tool imports rise in December
Year-to-date imports for these products amounted to US$48.89 billion. China remained the leading supplier with US$2.85 billion in imports, reflecting a 4.88 percent monthly growth. Japan showed a significant rise of 17.78 percent, reaching US$403.51 million in December. Germany exhibited a notable 20.17 percent increase, contributing US$133.61 million. The USA also saw robust growth of 15.45 percent in imports.
Vietnam’s exports of computers, electrical products, and parts rise by 18.18 percent in December
Vietnam’s exports of these products total US$72.58 billion for 2024, reflecting strong demand in key markets.
Vietnam’s paper imports rise by 7.48 percent in December
China remained the largest supplier, contributing US$99.82 million, a modest 1.11 percent rise from November. Imports from Canada and Chile grew sharply, rising by 65.25 percent and 283.03 percent, respectively.
Vietnam’s motor vehicle manufacturing sees huge growth in 2024
Year-on-year, the sector posted an impressive growth of 37.8 percent in December 2024 compared to December 2023. For the full year, cumulative growth reached 21.1 percent in 2024 compared to 2023, highlighting exceptional performance despite the year-end dip.
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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
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This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It