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 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…
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…
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