Vietnam’s economy has emerged as one of Southeast Asia’s fastest-growing and most dynamic markets, attracting significant global attention. With a population of over 100 million, a strategic location in the Asia-Pacific region, and a rapidly industrialising economy, Vietnam has become a manufacturing and export powerhouse.

Vietnam Trade: Everything You Need to Know 2024

the-shiv October 1, 2024

Vietnam has established itself as a key player in global trade, thanks to its strategic location, favourable trade agreements, and robust manufacturing sector. In 2024, Vietnam continues to leverage its open economy, with exports playing a crucial role in driving growth. The country is well-integrated into the global supply chain, exporting a diverse range of goods including electronics, textiles, machinery, and agricultural products.

Vietnam’s Music Industry: Overview 2024

the-shiv September 27, 2024

The music industry in Vietnam has undergone significant changes over the past few decades, evolving from traditional genres to a dynamic blend of contemporary sounds. Historically rooted in folk music and revolutionary songs, the industry now embraces a diverse range of styles, including pop, hip-hop, and electronic music.

List of Vietnam’s Free Trade Agreements 2024

the-shiv September 25, 2024

Vietnam has signed multiple Free Trade Agreements with various countries and regions. These agreements aim to reduce or eliminate tariffs, enhance market access, and promote economic cooperation across diverse sectors such as textiles, machinery, and agriculture. This is in line with a broader strategy of export-led economic development.

Freight Forwarding in Vietnam: Overview 2024

the-shiv September 22, 2024

Freight forwarding in Vietnam plays a critical role in facilitating international trade and logistics in Vietnam, serving as a key connector between manufacturers, exporters, and global markets–with its strategic location in Southeast Asia and a rapidly expanding infrastructure network, Vietnam has become an important hub for freight forwarding services. Furthermore,

Last-Mile Delivery in Vietnam in 2024

the-shiv September 21, 2024

The last-mile delivery sector in Vietnam is undergoing rapid transformation driven by the e-commerce boom and evolving consumer expectations. Despite challenges such as infrastructure limitations, high costs, and logistical complexities in rural areas, the industry is poised for growth through technological innovation and strategic partnerships. Emerging trends like AI-driven optimization, micro-fulfillment centres, and alternative delivery methods are shaping the future of last-mile delivery in the country.

Vietnam’s Imports and Exports, March 2024: Snapshot

the-shiv April 11, 2024

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

Vietnam’s Imports and Exports, February 2024: Snapshot

the-shiv March 13, 2024

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,

Snapshot: Manufacturing in Vietnam, February 2024

the-shiv March 13, 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

Vietnam’s Economy, February 2024: Snapshot

the-shiv March 4, 2024

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

Snapshot: Manufacturing in Vietnam, January 2024

the-shiv February 26, 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

Vietnam’s Economy, January 2024: Snapshot

the-shiv February 19, 2024

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,

Snapshot: Manufacturing in Vietnam, December 2023

the-shiv January 22, 2024

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

Vietnam’s Stock Market, December 2023: Snapshot

the-shiv January 14, 2024

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

Vietnam’s Economy, December 2023: Snapshot

the-shiv January 10, 2024

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

Snapshot: Manufacturing in Vietnam, November 2023

the-shiv December 20, 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

Snapshot: Vietnam’s Coffee Industry, November 2023

the-shiv December 16, 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

Vietnam’s Economy, November 2023: Snapshot

the-shiv December 4, 2023

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

Vietnam’s Stock Market, November 2023: Snapshot

the-shiv December 3, 2023

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

Snapshot: Vietnam’s Coffee Industry, October 2023

the-shiv November 12, 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