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Category: Snapshots

Vietnam’s Imports and Exports, March 2024: Snapshot

Vietnam’s General Department of Customs has released import-export data for March of 2024. Here’s what it has found. Vietnam imports by item, March 2024 March MOM % 2024 YOY % Computers, electrical products, spare-parts and components thereof 8,406,551,184 18.7 24,042,310,269 24.1 Machine, equipment, tools and instruments 3,758,610,687 45.5 10,344,804,723 12.5

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Vietnam’s Imports and Exports, February 2024: Snapshot

Vietnam’s General Department of Customs has released import-export data for February of 2024. Here’s what it has found. Vietnam imports, February 2024, by item February Year to date Description US$ MOM % US$ YOY % Computers, electrical products, spare parts and components thereof 7,083,862,528 -17.2 15,640,557,472 25.0 Machine, equipment, tools,

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Snapshot: Manufacturing in Vietnam, February 2024

Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. Manufacturing news in February was somewhat limited with the Lunar News Year reducing production and seeing most businesses close up for at least a week. That said, there

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Vietnam’s Economy, February 2024: Snapshot

February kicked off in Vietnam with coverage of comments made at an online press briefing in which US Under Secretary of State Jose Fernandez insisted that the Department of Commerce’s review of Vietnam’s non-market economy status would not be politicised. This was after a letter surfaced a few days earlier

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Snapshot: Manufacturing in Vietnam, January 2024

Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. January overview The year 2023 was the most difficult year in 30 years for the textile and garment industry in 30 years, Le Tien Truong, vice chairman of

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Vietnam’s Stock Market, January 2024: Snapshot

January was a good month for Vietnam’s key stock market, the Ho Chi Minh City Stock Exchange. The key domestic index, the VN-index, rose by more than 30 points and foreign-traders net bought into the market to the tune of just over US$7 million. On the latter point, though a

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Vietnam’s Economy, January 2024: Snapshot

The start of the new year, as it does most years, heralded an influx of data covering Vietnam’s economy in 2023. Imports and exports were a key focus with Vietnam registering a trade turnover of US$683 billion in 2023 a fall of 6.6 percent over 2022.  Of particular interest, however,

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Snapshot: Manufacturing in Vietnam, December 2023

Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. December overview There wasn’t much good news for Vietnam’s manufacturing sector in December. Whereas there had been a slight change of fortune early in the fourth quarter, in

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Vietnam’s Stock Market, December 2023: Snapshot

December began with the government of Vietnam tapping the United Arab Emirates on the shoulder for support turning Ho Chi Minh City into a financial hub in Southeast Asia. Whereas the UAE was mum on whether it would provide support, the request was also scant on details, and it was

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Vietnam’s Economy, December 2023: Snapshot

December in Vietnam began with state media announcing the wave of lay-offs that had plagued the manufacturing sector in Ho Chi Minh City was drawing to an end. This conclusion was reached based on just 13,300 people registered to receive unemployment benefits in November, a drop of nearly 25 percent

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Snapshot: Manufacturing in Vietnam, November 2023

Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. November overview Out of the gates Vietnam’s manufacturing sector started November with some bad news–Samsung Vietnam was estimating it would export just US$57 billion worth of electronics this

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Snapshot: Vietnam’s Coffee Industry, November 2023

Each month the-shiv provides a snapshot of Vietnam’s coffee industry covering the latest developments, key performance indicators, and government data. Business picked up for Vietnam’s coffee producers in November as the coffee harvest entered full swing. Exports topped US$327 a big jump from US$168 million back in October. There were

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Vietnam’s Economy, November 2023: Snapshot

Vietnam started November with state media boasting that the country had overtaken South Korea to become the 6th biggest trading partner of the US by import value. This was, however, on closer inspection, old news with the jump actually taking place in 2022. That’s not to say this report was

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Vietnam’s Stock Market, November 2023: Snapshot

Vietnam’s stock market started off November on an uncomfortable footing. Allegations of stock market manipulation had led to the authorities announcing a crackdown on the practice though details of exactly how this ‘crackdown’ would play out on a practical level were scant. That said, it was not unexpected. The head

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Snapshot: Vietnam’s Coffee Industry, October 2023

Business in Vietnam’s coffee industry was slower than usual in October as a result of limited supplies. Part of this was after higher prices earlier in the year saw traders liquidate their supplies. As a result, just US$168 million worth of coffee left Vietnam a fraction of the US$3.23 billion

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Snapshot: Manufacturing in Vietnam, October 2023

Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. Overview Vietnam’s manufacturing industry continued to struggle in October compared to a year earlier. Lower demand in key export markets due to a number of global challenges continued

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Snapshot: Vietnam’s Stock Market, October 2023

The Ho Chi Minh Stock Exchange (HoSE) started October in an interesting place. The State Bank of Vietnam (SBV) was in the midst of a series of treasury bill issues with billions of dong being pulled from the market every day. Uncertainty over the impact this would have on the

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Snapshot: Vietnam’s Economy, October 2023

At the start of October, it became clear that Vietnam was coming to terms with the fact that the huge annual growth it had seen before and directly after COVID had come to an end. The writing had been on the wall for some time but it was finally officially

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