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 gamers restricted from buying, selling virtual assets under new internet Decree
There are also a number of other requirements for gaming providers outlined in the Decree from signage requirements in gaming centres to warnings placed in-game. For example, “Playing more than 180 minutes a day will have a negative impact on health” is required to be displayed in-game every thirty minutes….
Vietnam News Roundup: November 8 to November 14
This week’s Vietnam news roundup covers the latest State Bank open market operations including the falling dong, new financing arrangements for VinFast, new regulations on data collection and storage for cross border service providers, and more…
Vietnam’s diagnostic imaging market to expand 5.2 percent through 2029
The report suggests a key factor contributing to this robust expansion is the growing incidence of chronic diseases and age-related health conditions in the country, which are creating a surge in demand for advanced diagnostic imaging services essential for enabling early detection, precise diagnosis, and effective treatment of various ailments…
Vietnam’s housing and construction materials prices see steady October growth: Vietnam CPI
From January to October 2024, the CPI for housing and construction materials increased by 5.22 percent compared to the same period in 2023. This year-to-date growth underscores rising costs driven by factors such as supply chain pressures and raw material cost inflation. …
New Vietnam Decree adds enhanced digital media regulations, ruffles feathers
Of note, the new Decree has sparked interest from abroad on the grounds that it will largely apply to cross border service providers and looks a lot like it is designed to crack down on anti-government speech, and this is probably true. However, it’s also worth noting that social media has become central to a huge amount of trade in Vietnam…
Vietnam floats tax breaks for press agencies to boost struggling media industry
Mainstream news outlets in Vietnam have struggled in recent years on the back of greater proliferation of social media and subsequently a diversion of advertising funds to this new medium. It mentions that the revenue of some major news outlets has fallen considerably…
Vietnam’s beer and malt production rises in October but faces annual decline
However, the year-over-year data paints a different picture. While production grew by 2.8 percent in October 2024 compared to October 2023, the cumulative figures from January to October 2024 show a 2.1 percent decline from the same period last year. This indicates that, despite recent gains, the sector has struggled with consistent growth over the year, possibly due to shifts in consumer preferences, rising production costs, and fluctuating demand…
Vietnam’s dairy processing sector sees steady production growth with strong monthly increase
On a year-over-year basis, the sector grew by 2.9 percent compared to October 2023, and the cumulative growth from January to October 2024 reached 3.8 percent over the same period last year. While these annual figures show more modest gains, they indicate a stable upward trend in the dairy industry, supported by Vietnam’s expanding consumer base and increased demand for dairy products…
Vietnam sees continued rise in FDI as of October, with manufacturing leading the charge
Vietnam has maintained strong foreign direct investment inflows through October 2024, recording 2,743 projects year-to-date with a total registered capital reaching US$27.26 billion. This performance showcases Vietnam’s enduring appeal as an investment destination, particularly in the processing and manufacturing sectors, which continue to attract the majority of foreign funds. In
National Assembly issues growth targets for Vietnam in 2025
Vietnam’s National Assembly has issued a series of targets for the government for 2025. It’s not clear how some of these targets were reached and some will be very challenging to achieve…
Delayed payments, bidding challenges behind drug shortages in Vietnam
One of the issues raised was the challenges for public hospitals in being reimbursed for pharmaceutical purchases by the state hindering their ability to make timely payments to pharmaceutical companies. The Minister told the NA that this has been addressed with amendments made to the Law on Health insurance made last year, however, the Minister, based on Thanh Nien’s reporting, does not appear to have detailed which parts of the law or how they have worked in a practical sense…
Vietnam Transport Ministry seeks one year extension on new HCMC airport
Vietnam’s Ministry of Transport has gone to the National Assembly requesting an extension of the deadline for Ho Chi Minh City’s second airport which is currently under construction in Long Thanh. At the same time, the Ministry is also asking for permission to add a second runway to the first phase of the project…
VinGroup, group CEO commit collective US$3.35 billion to struggling Vietnam EV maker
Thanh Nien has reported that this is a back-up option to be utilised if the company cannot find capital sources elsewhere. It also notes that existing debt owed to VinGroup will be converted into shares of VinFast…
Vietnam’s dental services market set for strong growth amid rising demand for oral healthcare: report
The report says that rising disposable income across Vietnam is enabling more individuals to seek advanced dental services, including cosmetic dentistry, orthodontics, and preventive care. This shift marks a notable change, as more Vietnamese consumers prioritise oral health as part of their overall well-being…
Vietnam’s consumer price index for garments, hats, and shoes shows modest increase
From January to October, the CPI for garments, hats, and shoes increased by 1.45 percent over the same period in 2023. This subdued growth likely stems from a significant supply of garments and apparel as a result of being a key global manufacturing hub for these goods…
Vietnam’s aquatic processing sector sees strong year-over-year growth
The year-over-year comparison reveals an even stronger performance, with a 12.4 percent increase in October compared to the same month in 2023. Additionally, for the January to October period, production rose by 9.4 percent over the same timeframe last year. These figures highlight the sector’s sustained expansion, which is likely supported by Vietnam’s strong position in the global seafood market and rising demand for processed aquatic products domestically and abroad.
Vietnam power output up 10.6 percent January through October
The bulk of this power has been produced by burning coal which accounted for 48.7 percent, down slightly from 49.6 percent in September. Coal was followed by hydropower which provided 29.5 percent of Vietnam’s electricity supply in October.
How Well Prepared Is Vietnam for a Trump Presidency?
Most analysis in Vietnam of Trump’s election has centred around two key recurring themes: an increase in import tariffs in the United States as a direct impact on Vietnam; and, a likely stronger US dollar as a result of said tariffs and subsequently increased pressure on the dong. This article looks at how Vietnam might respond.
Vietnam’s education sector FDI down in capital despite new projects, October
The education and training sector continues to attract interest from foreign investors, particularly as Vietnam’s demand for quality educational services rises. While monthly investment amounts may fluctuate, the sector remains an important part of Vietnam’s FDI landscape, supporting workforce development and educational innovation…
State Bank governor lowers expectations of interest rate cut in near-future
The Governor of the State Bank of Vietnam has said that it will be difficult to see further interest rate cuts in the near future with credit demand increasing and the risk of increased pressure on the exchange rate too great…
In today’s Vietnam news: Crypto transfers to VN not necessary, Novaland bond changes, Perspectives on garment industry, Working hours cut proposed, Adding political component
In today’s Vietnam news: Fuel prices cut, Double-digit growth target reinforced, New airport services delay approval requested, TikTok VN investment, Bybit in Vietnam, LG
In today’s Vietnam news: VN renews antidumping tariffs on Thai sugar, Power supply challenges continue, USTR tariffs forced labour, AMRO growth forecast downgrade, Foreign
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