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 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.
Vietnam’s rolled steel production estimated to reach 18.55 million tons in 2024
In November 2024, the country produced 1.57 million tons of rolled steel, maintaining a solid output despite a slight decrease in December.
Vietnam’s computer and electronic product imports rise in December 2024
Year-to-date imports for these products totalled US$107.05 billion, underscoring Vietnam’s growing demand for technology and components vital to its manufacturing sector. China remained the top supplier, exporting US$3.05 billion worth of goods, marking a 2.68 percent monthly increase. Thailand exhibited the most substantial growth with a remarkable 60.71 percent rise in December.
Japan sees decline in foreign direct investment in Vietnam in December
In 2024, Japan invested in 270 new projects with US$3.5 billion in newly registered capital.
Vietnam’s Dong Nai province sees steady FDI growth in December
This steady increase in FDI showcases Dong Nai’s continued appeal to foreign investors, particularly in the manufacturing and industrial sectors, which are vital to the province’s economy.
Vietnam post and telecommunication prices decline in 2024
For the full year 2024, costs decreased by 1.02 percent compared to 2023, reflecting continued downward trends in telecommunications prices due to increased competition and the introduction of cost-effective digital solutions.
UK sees stable foreign direct investment in Vietnam in December
In 2024, the UK invested in 44 new projects with US$241.30 million in newly registered capital.
Vietnam outbound FDI tops US$664 million in 2024
In 2024, Vietnam’s total investment abroad is expected to reach nearly US$664.8 million, a 57.7% increase from 2023, according to a press release from the Ministry of Planning and Investment. This was spread across 164 new projects and 26 capital adjustments abroad.
Vietnam car sales slump by over 30 percent in December over November
Year-to-date sales for 2024 stood at 295,979 units, reflecting a 7 percent increase year-on-year. Despite the monthly decline, buses demonstrated the most substantial annual growth at 31 percent, totalling 7,748 units sold in 2024.
Vietnam’s chemical production shows steady annual growth in 2024
Year-on-year, the sector experienced a decline of 3.2 percent in December compared to December 2023. However, cumulative production for the full year of 2024 grew by 11.9 percent compared to 2023, reflecting solid overall annual growth despite fluctuations.
Vietnam’s beer and malt production rises in December but records mostly stagnant 2024
Year-on-year, the sector grew by 8.5 percent in December 2024 compared to December 2023. However, for the full year of 2024, cumulative production declined slightly by 0.1 percent compared to 2023, indicating stagnation in overall annual output.
Vietnam’s miscellaneous service activities sector sees strong growth in December
In 2024, the sector attracted a total of 9 new projects with US$169,500 in newly registered capital.
Vietnam’s health and social assistance sector sees strong December FDI growth
In 2024, the sector attracted a total of 2 new projects with US$95.37 million in newly registered capital.
Vietnam eating out prices record steady growth in December
Year-on-year, prices were up 3.95 percent in December 2024 compared to the same month in 2023. For the full year, prices for dining out rose by 3.99 percent over 2023.
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