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 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.
Vietnam’s insulated wires and cables exports experience minor decline in November
The USA emerged as the largest importer, purchasing US$88.83 million worth of these products, a 5.96 percent increase compared to the prior month.
Vietnam sees significant decline in new financial, banking, and insurance FDI in November
Year-to-date (YTD), the sector has attracted a total of 6 new projects with US$122.1 million in newly registered capital, reflecting a decrease in investment activity compared to previous months.
Vietnam’s concrete and cement products sector faces mixed performance in November
Compared to November 2023, the sector contracted by 13.21 percent, reflecting reduced activity in this category. Despite this, the first 11 months of 2024 showed a cumulative growth of 4.32 percent compared to the same period last year, highlighting its long-term potential despite short-term challenges.
Vietnam sees growth in other service activities FDI in November
Year-to-date (YTD), the sector has attracted a total of 6 new projects with US$168.9 million in newly registered capital, showing growth throughout the year.
Vietnam’s cement, lime, and plaster production shows steady growth in November
Year-on-year, the sector grew by 8.83 percent in November 2024 compared to the same month in 2023. However, the first 11 months of 2024 showed a slight cumulative contraction of 0.17 percent compared to the same period last year, highlighting lingering challenges in earlier parts of the year.
Vietnam’s exports to Hong Kong decline in November
Year-to-date exports to Hong Kong reached US$11.26 billion. Computers, electrical products, spare parts, and components dominated, accounting for US$611.18 million in November with a minimal decline of 0.39 percent.
Vietnam’s fishery exports see a decline in November
Year-to-date fishery exports amounted to US$9.17 billion, with China leading as the top importer, despite a 14.9 percent month-on-month decline to US$167.41 million.
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