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 will need 2,400 staff to run proposed nuclear power plant
Currently, just 460 Vietnamese have been sent abroad to study nuclear power production and most of these workers are working in unrelated fields…
Vietnam box office revenue reaches new high in 2024
On a side note, Vietnam has been actively pushing for more films to be produced in the country, particularly foreign films as a means to upskill its own creative workforce. It does, however, impose a number of restrictions on film production that can make it difficult for both domestic and foreign filmmakers alike to produce good quality storytelling in Vietnam.
Herbalife Vietnam fined for multi-level marketing regulations violations
Herbalife Vietnam, a multi-level marketing firm in the supplements space, has been fined VND 205 million or US$8,063 for range of violations including: a lack of proper training of new signees, a lack of qualified trainers, and a failure to properly report on its activities…
Vietnam’s furniture manufacturing surges in November
Year-on-year, the sector posted a substantial increase of 24.33 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth reached 24.74 percent, marking furniture manufacturing as a standout performer in Vietnam’s industrial economy.
Vietnam exports to Germany in November hit US$663.96 million
Year-to-date figures reflect a broader view, with exports to Germany totalling US$7.20 billion. This underscores Germany’s importance as one of Vietnam’s key trading partners, with significant contributions from machinery, textiles, and electronics.
Vietnam’s pastry, sweets, and cereals exports dip 4.8 percent in November
The United States was the largest importer, contributing US$19.12 million in November, a 10.62 percent decline from October, while Japan increased its imports by 5.08 percent to US$11.78 million.
Vietnam’s wood processing and related industries continue to grow in November
Year-on-year, the sector recorded a notable growth of 13.28 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth reached 9.70 percent compared to the same timeframe last year, underlining the sector’s critical role in supporting the nation’s economic stability.
How to Export Clothing from Vietnam 2025: Corporate Setup, Customs Procedures & More
Vietnam clothing manufacturers count themselves as part of one of the biggest clothing manufacturing industries in the world. In this light, there is a huge opportunity in buying and exporting Vietnamese clothing around the world. This can be very profitable but there are a few nuances to the process that foreign firms looking to export clothing from Vietnam should be mindful of.
How to Export Food from Vietnam 2025: Regulations, Customs, Shipping & More
Vietnam is a major player in global food exports, particularly known for its rice, coffee, seafood, and tropical fruits. These exports are driven by the country’s rich natural resources, favourable climate, and extensive agricultural industry. Food exports contribute significantly to Vietnam’s economy, providing income for farmers, creating jobs, and generating foreign exchange. Here’s how foreign firms can get involved.
Vietnam’s exports of handbags and accessories rise in November
The United States led the imports, purchasing US$168.35 million, an 11.85 percent increase from October. Japan followed with US$36.09 million, up 16.05 percent.
Vietnam Purchasing Managers’ Index records 1-point December drop
The S&P Global Vietnam Manufacturing Purchasing Managers’ Index recorded a decline in December to 49.8 down from 50.8 in November, according to a press release from the firm…
Vietnam’s car spare parts manufacturing grows steadily in November
Year-on-year, the sector achieved a 14.05 percent growth in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth reached 13.63 percent, demonstrating its consistent contribution to Vietnam’s industrial output.
Vietnam News Roundup: December 26 to January 2
This week’s Vietnam news roundup covers the latest State Bank open market operations, an end to locals gambling at Phu Quoc’s Corona Casino, an extension to Vietnam’s environment tax cut, and more…
How to Import Footwear Materials to Vietnam 2025: Sources, Shipping, Customs & More
Vietnam footwear materials manufacturers count themselves as part of one of the biggest footwear materials manufacturing industries in the world. Trailing only India and China, this relatively small country exported footwear materials to the tune of US$19.94 billion in 2023, made for some of the most well-known footwear materials brands. This is inline with one of the world’s largest footwear manufacturing industries in the world…
How to Import Clothing Materials to Vietnam: Sources, Shipping, Customs & More
Importing clothing materials into Vietnam for foreign firms can be tricky. Not only are there a number of technical and legal requirements that need to be met, but a myriad of free trade agreements has made navigating tariffs and trade restrictions complex…
Vietnam’s footwear manufacturing sector achieves remarkable growth in November
Year-on-year, footwear manufacturing achieved impressive growth of 18.47 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector recorded cumulative growth of 12.58 percent compared to the same timeframe last year, showcasing its vital role in Vietnam’s export economy.
Vietnam’s cashew nut exports experience slight drop in November
China topped the list of importers with US$95.43 million in November, a significant 27.32 percent increase compared to the previous month. The United States followed closely with US$93.14 million, although this represented an 8.96 percent decrease.
Vietnam’s motor vehicle manufacturing sector soars in November
Year-on-year, the industry recorded a remarkable 36.17 percent growth in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth reached 18.33 percent, cementing motor vehicle manufacturing as a key driver of Vietnam’s industrial growth.
Vietnam Airlines is expecting a record profit despite huge accumulated losses
The head of Vietnam Airlines told a conference the airline is expecting a pre-tax profit of VND 7,300 billion or about US$286.4 million. Whereas at face value this looks to be good news for the airline, the reality is that its situation is much more complex…
Vietnam central banks raises credit growth limit/target for 2025 to 16 percent
Of note, whereas Vietnam in the first instance introduced credit growth limits to stymie out of control inflation, it has since reorientated credit growth policy to facilitate economic growth. This is seeing private debt rise rapidly along with bad debts as banks push lending on to consumers rather than due to growing demand.
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,
In today’s Vietnam news: Power supply imports, Hanoi boulevard project protests, Antidumping duties coming for boxes, Maersk container terminal project Hanoi, Vinpearl foreign investment,
In today’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank,
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