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.
Calls for crackdown on bogus health claims in advertising in Vietnam grow louder
Vietnam’s Ministry of Health, in a report to the National Assembly has said the regulations on its end for regulating supplements and non-traditional medicines (often referred to as ‘functional foods’ in Vietnam) are sufficient in Vietnam and has instead called for greater penalties for advertising unproven health claims and counterfeit goods…
Mixed feelings on Vietnam land rent changes with local media canvassing broad opinions
A conference Saturday organised by the Ho Chi Minh City Business Association has produced some very mixed media coverage with key takeaways for media firms in attendance varying widely.
Vietnam’s food processing and manufacturing sector sees annual gains amid monthly growth
On a year-over-year basis, the sector recorded a more substantial 9.4 percent increase in October 2024 compared to the same month in 2023. Additionally, for the cumulative period from January to October, food processing and manufacturing grew by 7.5 percent over the same period last year…
Vietnam bond activity cools in October as demand for capital subsides
Over the year-to-date, 316 private placements have been completed, totalling VND 304,000 billion or US$12.16 billion, and 15 public offerings reached VND 28,854 billion or US$1.15 billion…
Vietnam’s wine market set to expand by US$382.2 million amid shifting middle-class tastes: Report
As the market expands, industry players are focusing on targeted marketing, e-commerce, and on-premise experiences to capture this younger demographic’s interest. With this demand trajectory, Vietnam is poised to emerge as a significant player in Asia’s wine market, positioning itself as a promising destination for global wine brands and investors alike.
Vietnam’s consumer price index for dining out shows steady annual growth
Compared to October 2023, the CPI for dining out rose by 3.81 percent, indicating a noticeable annual increase in prices within this sector. Since December 2023, dining prices have grown by 3.54 percent, highlighting consistent upward pressure through the year…
E-commerce packages from unregistered firms to be stopped at Vietnam border
Saigon News is saying that packages that don’t have details of the e-commerce platform from which they originated will be prohibited entry–it’s not clear how customs will distinguish between packages from family or friends and unregistered e-commerce platforms and platforms that are not required to be registered…
Vietnam’s processing and manufacturing sector shows strong annual growth
Year-over-year, the industry exhibited even stronger results, with an 8.8 percent increase in output in October 2024 compared to October 2023. Cumulatively, the January-to-October 2024 period saw a 9.6 percent rise over the same period last year…
Vietnam’s food and food services sector sees notable CPI increase with steady year-to-date growth
Year-to-date, from January to October, the CPI for food and food services is up by 4.04 percent over the same period in 2023. This steady increase highlights ongoing demand and cost factors affecting food-related expenses, driven by factors like global supply chain fluctuations and rising raw material costs…
Vietnam News Roundup: November 1 to November 7
This week’s Vietnam news roundup covers the latest State Bank open market operations, a new pilot for a two-tier electricity pricing regime, Vietnam’s purchasing managers’ index for October, the moth-balling of a new petrochemical complex, and more…
Vietnam’s natural gas extraction on decline despite monthly uptick
The cumulative figures for January through October 2024 reveal a 17.3 percent decrease over the same period last year, indicating persistent obstacles in the sector…
Vietnam’s consumer price index sees slight jump in October
Vietnam’s consumer price index–CPI–compared to October 2023, has risen by 2.89 percent, showing a moderate annual increase in consumer prices. Since December 2023, the CPI has grown by 2.52 percent, suggesting a consistent upward trend through the year; and from September to October 2024, the CPI increased by 0.33 percent, indicating a stable month-to-month price movement with minimal volatility…
Vietnam’s coal and lignite production sees mixed results in October
When measured against October 2023, the sector’s production has dipped by 7.7 percent, continuing a downward trend that highlights the industry’s ongoing challenges…
US protectionism growing concern in Vietnam after Trump election
A possible jump in tariffs on Vietnamese goods after Donald Trump won the US presidential election yesterday is a key concerns among businesses in Vietnam, according to analysis from Tuoi Tre. The publication cites Trinh Viet Hoang Minh from ACBS Securities as suggesting Vietnam’s steel industry may face problems as Trump pursues protectionist measures on behalf of the US steel industry…
Temu in Vietnam: What’s Fair in Free Trade?
When Chinese e-commerce giant Temu officially launched in Vietnam last month the hype was palpable. Not only had the firm dropped a small fortune on advertising but it had also ruffled feathers in Vietnam’s business community: Temu’s goods were too cheap and Vietnamese producers could not compete. With a narrative containing two things Vietnamese love–huge discounts and hating on China–the local media piled on…
Vietnam’s wood and bamboo production sees mixed performance in September
Sawing, planing, and preserving wood experienced a decrease in output, with a 3.4 percent drop compared to August 2024 and a 1.5 percent decline year-on-year. Despite these recent declines, the sector has showed resilience year-to-date, recording a 6.3 percent increase over the first nine months of 2024 compared to the same period in 2023…
Vietnam’s housing and construction material prices show mixed trends in 2024
Vietnam’s Consumer Price Index–CPI–data for September 2024 showed a steady increase in housing and construction material prices of 4.37 compared to September 2023. Prices were also up 3.59 percent over December of last year…
Vietnam state power provider moves two-tier electricity pricing strategy forward
This policy looks to be a response by the state power provider to try and increase revenue without increasing electricity prices. This comes after the state power provider ran up huge losses over the past two years by selling electricity below cost price…
Vietnam domestic gold prices fall despite reports of shortages
This scenario is not particularly new with challenges in the gold market ongoing since the beginning of the year. That said, it is worth keeping an eye on in that currently the gold supply is being fed by the State Bank from its reserves. These are, however, limited and will either need to be replenished or will run out, either way there will likely be significant ramifications for Vietnam’s economy….
Delayed Vietnam hospital construction draws ire of Vietnam General Secretary
Construction work on the new branches of Bach Mai Hospital and Viet Duc Hospital kicked-off in 2014 with the examination areas at both hospitals inaugurated in 2018. Since then, however, only one facility was used for a year and the other has not accepted patients at all…
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