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 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.
Vietnam’s consumer electronics sector sees mixed performance in November
Year-on-year, the sector decreased by 8.77 percent in November 2024 compared to the same period in 2023. However, over the first 11 months of 2024, cumulative growth reached 8.01 percent, showcasing strong performance earlier in the year.
Vietnam News Roundup: December 19 to December 26
This week’s Vietnam news roundup covers the latest State Bank open market operations, a ban on some Netflix programs in Vietnam, Hanoi land values, and more…
Vietnam’s bamboo and rattan exports grow in November
The United States emerged as the largest importer, accounting for US$23.34 million, an impressive 14.39 percent growth compared to October.
Vietnam’s chemical exports rise by 3.2 percent in November
China remained the leading importer, purchasing chemicals worth US$77.22 million, despite a decline of 6.82 percent compared to October.
Vietnam’s still image and video camera exports decline in November
Year-on-year data paints a clearer picture of Vietnam’s standing in the global market. While exports to key markets like China remain robust at a year-to-date total of over US$4.25 billion, other markets reflect diverse trends.
Communication equipment manufacturing grows steadily in November
Year-on-year, the industry recorded a substantial 14.15 percent increase in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth stood at 8.63 percent, underlining the sector’s importance to Vietnam’s industrial output.
Vietnam’s rubber exports show slight increase in November
China was the largest importer of Vietnamese rubber, purchasing US$368.75 million, an 11.01 percent rise from the previous month.
Electronic components manufacturing posts double-digit growth
Year-on-year, the sector saw a 13.84 percent increase in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth stood at 9.36 percent, highlighting the sector’s strong contribution to Vietnam’s industrial landscape.
Netflix blocked from showing unscripted television shows in Vietnam
Of note, it had first been reported that it had been barred from showing television programs altogether but this appears to have been incorrect. The narrative that is circulating now, according to VN Express, is that companies streaming television programs need a local office whereas streaming sites that show only films do not.
Vietnam’s non-wood furniture exports rise slightly in November
Australia was the largest importer, purchasing US$3.37 million worth of furniture, though this marked a significant month-on-month decline of 19.73 percent.
Vietnam sees minimal activity in health and social assistance FDI in November
Year-to-date (YTD), the sector has attracted a total of 2 new projects with US$95 million in newly registered capital, showing a significant decrease in November despite strong growth for the year.
Electronic products sector records strong growth in November
Year-on-year, the industry recorded an 11.95 percent increase in November 2024 compared to the same period in 2023. Cumulative growth over the first 11 months of 2024 reached 8.72 percent, underscoring the sector’s robust performance.
Vietnam’s clinker and cement exports dip sharply in November
The Philippines remained the largest market, with imports of US$33.87 million, a slight 3.03 percent increase month-on-month.
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