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 News Roundup: December 6 to December 13
This week’s Vietnam news roundup covers the latest State Bank open market operations, the latest tourist arrivals data, the Consumer Price Index for November, and a bunch of other data released this week…
Vietnam medicines, medical services prices report sharp November decline
The Consumer Price Index (CPI) for medicines and medical services in Vietnam experienced a significant decrease of 3 percent in November compared to October, reaching 5.28 percent, according to Vietnam’s General Statistics Office.
Vietnam’s imports from South Korea see slight decline in November
The largest import category was computers, electrical products, and spare parts, which amounted to US$2.82 billion, though this represented a decline of 2.69 percent month-on-month…
Vietnam bond market continues upward momentum in November
Year-to-date, 362 private placements have been made, raising VND 342,716 billion (or US$13.71 billion), alongside 21 public offerings worth VND 32,114 billion (or US$1.28 billion)…
Vietnam’s food processing, manufacturing production jumps in November
Year-on-year, the sector achieved notable growth of 10.91 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the IPI for food processing and manufacturing rose by 7.65 percent compared to the same period last year, underscoring its significant contribution to Vietnam’s industrial output.
Vietnam’s vape ban hits a nerve with pro-vaping group
Of note, Vaping360 a vaping retailer and pro-vape website has covered this issue in a somewhat aggressive op-ed. But whereas the tone and wording might be a smidge hyperbolic it does raise a good point in that Vietnam has one of highest smoking rates in the world and therefore banning a less-harmful alternative does seem counterproductive.
Vietnam’s household equipment and appliance prices record November increase
Throughout 2024, the sector has experienced stable, gradual growth. September’s CPI stood at 1.17 percent, while mid-year figures remained consistent, with 1.14 percent in August and 1.15 percent in July…
Vietnam sees significant drop in transport and warehouse FDI in November
Year-to-date (YTD), the sector has attracted a total of 102 new projects with US$462 million in newly registered capital, showing that the sector’s performance has fluctuated over the course of the year.
Vietnam trade records slight fall in November but strong year-on-year gains
Exports in November totalled US$33.73 billion, down 5.3 percent from October. Imports for the same period reached US$32.67 billion, representing a 2.8 percent decline. This brought Vietnam’s trade balance for the month to a surplus of US$1.07 billion, reflecting a sustained positive trend despite the slowdown.
Vietnam’s exports of computers and electronics record 5.42 percent November jump
The USA remained the largest market, with exports amounting to US$1.80 billion, despite a slight decline of 0.65 percent month-on-month.
Vietnam’s processing and manufacturing production records strong November growth
Year-on-year, the processing and manufacturing industry showed an impressive growth rate of 11.22 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector achieved an overall increase of 9.69 percent compared to the corresponding period last year, underlining its role as a driving force for Vietnam’s economy.
Does Vietnam Have a Private Consumption Problem Too?
When reports of a private consumption problem in China surfaced, it made sense to wonder if Vietnam might be facing those same problems too. And indeed, whereas it’s fairly easy to assume that Vietnam’s booming economy might correlate to booming consumer consumption, the numbers paint a somewhat different picture…
Vietnam’s housing and construction materials records price hike in November
The sector has experienced fluctuations throughout the year, with September’s CPI at 4.37 percent and a mid-year peak of 5.60 percent in June. The rise in November reflects growing demand for construction materials and housing-related expenses as urbanisation continues to shape the market.
Vietnam’s yarn exports rise in October, year-to-date performance shows modest growth
Year-to-date performance shows more modest growth. From January to October, Vietnam exported 1.54 million tonnes of yarn, valued at US$3.65 billion. This marks a 4 percent increase in volume and a marginal 0.3 percent rise in value compared to the same period in 2023.
Vietnam’s garments, hats, and shoes prices remain stable in November
Garments, hats, and shoes form an essential part of household expenditure in Vietnam, driven by domestic demand and seasonal shopping patterns. The sector is also a significant contributor to the economy, supported by the country’s strong textile and footwear production capabilities.
Vietnamese overseas investment surges in first 11 months of 2024
Investments were spread across 16 sectors, with professional activities, science, and technology taking the lead, accounting for 33.5 percent of the capital. The processing and manufacturing industry followed with 18.2 percent, while electricity production and distribution contributed 15.8 percent.
Vietnam sees strong growth in FDI in repairs of cars, motorbikes in November
Year-to-date (YTD), the sector has attracted a total of 1,070 new projects and US$1.37 billion in newly registered capital, reflecting significant growth in the sector…
Vietnam’s wood and wooden product exports surge in October, maintain strong year-to-date growth
Year-to-date performance also shows strong growth. From January to October, exports in this category totalled US$13.22 billion, marking a 21.2 percent increase compared to the same period in 2023.
Vietnam’s drinks and tobacco CPI records slight increase in November
The drinks and tobacco sector forms a steady component of consumer expenditure in Vietnam, influenced by lifestyle trends, festive demand, and pricing adjustments. It also contributes significantly to government revenue through excise taxes and duties.
Vietnam sees growth in manufacturing FDI
Year-to-date (YTD), the sector has attracted a total of 1,030 new projects and US$20.2 billion in newly registered capital, demonstrating strong and consistent growth in the industry.
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,
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