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 pharmaceuticals market set for robust growth amid rising healthcare demand: report
Investment in healthcare infrastructure is also playing a critical role in expanding access to essential medicines, especially in urban and increasingly in rural areas. As both government and private sectors focus on enhancing Vietnam’s healthcare facilities, the pharmaceutical market is expected to continue its upward trajectory, addressing the diverse healthcare needs of a rapidly evolving population.
Vietnam’s education sector CPI shows mixed trends with high year-to-date growth
These trends highlight inflationary pressures within Vietnam’s education sector, where tuition and service costs have risen substantially, likely due to enhanced demand, infrastructure investments, and evolving curriculum standards…
Vietnam’s garment manufacturing sector sees significant year-over-year growth, October
Of note, Vietnam’s garment sector is benefiting from increased international orders and favourable trade conditions. However, sustaining this growth may require addressing challenges such as supply chain dependencies and rising production costs, particularly in a global market where sustainable and ethical production practices are becoming increasingly important to buyers.
Vietnam’s manufacturing leads October’s FDI influx with substantial growth year-to-date
The steady influx of foreign capital into manufacturing reflects Vietnam’s appeal as a regional industrial hub, offering a cost-effective environment for companies looking to establish or expand operations within Southeast Asia. This trend can be attributed to a number of factors including Vietnam’s competitive workforce, strategic location, and favourable government policies tailored to support foreign manufacturing operations..
Vietnam’s in vitro fertilisation market to see strong growth as awareness, demand increase: Report
The report notes that rising awareness and acceptance of IVF procedures among the population are central to this growth. As more couples become informed about the possibilities of assisted reproductive technologies, the demand for IVF services is increasing…
Vietnam’s CPI for medicines and medical services shows substantial year-to-date increase
For the period from January to October 2024, the CPI for medicines and medical services rose by 7.54 percent over the same period in 2023. This sustained year-to-date growth reflects growing demand for healthcare services, potential supply chain challenges, and rising input costs for pharmaceuticals.
Vietnam’s fibre production shows sustained annual growth but moderate monthly increase
Notably, fibre production is benefiting from rising global demand for textiles, positioning Vietnam as a key player in the supply chain. To sustain this momentum, however, the industry may need to focus on innovations in sustainable fibre production to meet increasing environmental standards and ensure long-term growth…
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…
Vietjet’s parent company calls for stronger aircraft leasing protections just weeks after a UK court authorised the seizure of the airline’s overseas assets. Meanwhile,
In today’s news brief: HP and Asus shift production back to China, Tesla begins hiring in Vietnam, Saigon Commercial Bank closes all but three
In today’s briefing: LPBank’s construction lending has surged 127 percent following revelations that Vingroup’s chairman and his wife became major shareholders. Meanwhile, Vietnam faces
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