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 casino to stop admitting locals from 2025 at pilot program’s end
Of note, this has not been covered by the local press though it’s not immediately clear why and coverage in the international press is limited.
Vietnam’s sewing clothes sector records strong growth in November
Year-on-year, the sewing clothes sector recorded an impressive growth of 18.07 percent in November 2024 compared to the same period in 2023.
Vietnam’s yarn exports decline in November
Year-to-date exports amounted to US$4.02 billion. China remained the top importer with US$1.95 billion, despite an 8.59 percent drop from the previous month.
Vietnam’s household electrical appliances sector grows steadily in November
Year-on-year, the sector posted a significant 15.73 percent growth in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth stood at 9.98 percent, highlighting its contribution to Vietnam’s industrial output.
Vietnam’s garment manufacturing sector achieves strong growth in November
Year-on-year, garment manufacturing recorded a remarkable 18.07 percent growth in November 2024 compared to the same month in 2023. Over the first 11 months of 2024, the IPI for this sector grew by 10.83 percent compared to the same period last year, solidifying its position as a vital driver of Vietnam’s industrial growth.
Vietnam’s iron and steel exports rise in November
Year-to-date exports stood at US$4.09 billion, with the USA as the largest importer at US$1.17 billion, despite a 10.44 percent monthly decline. Japan followed with US$559.99 million, experiencing a modest growth of 1.23 percent.
Vietnam’s cable and wire production posts strong annual growth in 2024
Year-on-year, the sector recorded a remarkable 15.39 percent growth in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth reached 14.09 percent, reinforcing the sector’s pivotal role in Vietnam’s industrial performance.
Vietnam’s paper and paper products exports down 4.3 percent in November
The United States remained the largest importer, with shipments valued at US$46.33 million, down 7.38 percent from October.
Vietnam’s coffee exports surge in November
Year-to-date exports of coffee reached US$4.93 billion, with Spain being the leading importer at US$409.90 million, reflecting a 44.27 percent increase from October.
Vietnam’s battery manufacturing sees strong annual growth in 2024
Year-on-year, the industry recorded a significant 15.35 percent increase in November 2024 compared to the same month in 2023. Over the first 11 months of 2024, the sector achieved a cumulative growth of 12.23 percent, highlighting its robust contribution to Vietnam’s industrial output.
Reduction in Vietnam Environment Tax on jet fuel, petrol extended to end 2025
A 50 percent cut to Vietnam’s Environment Tax on jet fuel, petrol, and grease, first implemented as a COVID-19 economic stimulus measure, will be extended to the end of next year. The tax cut was originally set to end on the first of January.
Vietnam fertility rate hits new low, possible labour shortages on horizon
Vietnam’s fertility rate fell to 1.91 children per woman in 2024 down from 1.96 in 2023, and well-below the 2.1 replacement rate needed. This has been raised as a concern in the context of its impact on Vietnam’s labour supply.
Vietnam’s ceramic product exports show stability in November 2024
The United States remained the top importer, accounting for US$18.87 million, a 9.76 percent increase from the previous month. Japan followed with imports of US$7.70 million, up by 13.60 percent.
Vietnam’s textile, leather, and footwear materials exports drop 8.1 percent in November
Indonesia was the largest market, importing US$31.86 million of these materials, representing a modest decrease of 2.79 percent
Vietnam’s motors and transformers sector faces mixed results in November
Year-on-year, the industry grew marginally by 0.29 percent to November 2024 compared to the same period in 2023. For the first 11 months of 2024, cumulative growth reached 6.35 percent, indicating long-term resilience despite short-term challenges.
Vietnam’s plastic exports experience 29.3 percent drop in November
China remained the largest importer, purchasing US$24.4 million of Vietnamese plastics, although this represented a sharp 59.42 percent decline from the previous month.
Vietnam’s plastic product exports remain stable in November
Year-to-date exports of plastic products totalled US$6.07 billion. The United States emerged as the leading importer with US$2.74 billion, marking a 5.27 percent month-on-month increase. Notable growth was also observed in exports to Thailand, which increased by 21.66 percent. However, exports to South Korea and India faced declines of 8.70 percent and 15.38 percent, respectively.
Vietnam’s electrical equipment production falls slightly month-on-month
Year-on-year, the industry recorded a substantial growth rate of 13.23 percent in November 2024 compared to the same month in 2023. Over the first 11 months of 2024, cumulative growth stood at 11.26 percent, reflecting the sector’s importance in Vietnam’s industrial output.
Vietnam’s tyre cord fabrics exports show steady growth
The United States remained the leading market, importing US$14.34 million, with only a slight decline of 1.01 percent from October. South Korea followed with US$8.97 million, marking a robust 19.72 percent increase.
Vietnam’s chemical product exports grow by 7.5 percent in November
China was the largest importer of Vietnamese chemical products, with US$44.71 million, though it experienced a slight drop of 4.61 percent from October.
In today’s Vietnam news: Ethical / cultural business standards framework, Floating solar project, Embattled construction firm investment spinoff, Raising public debt ceiling, Selling excess
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,
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