Vietnam had a bumper year in 2024 based on GDP figures alone. Released on Monday, data from the General Office of Statistics, found that the economy had increased in size by 7.09 percent, a significant jump from the 5.05 percent it recorded in 2023. But that’s not to say Vietnam is on a sure footing heading into 2025 (it actually looks more to the contrary) or that everyone was a winner…

Vietnam FDI Source Country Tracker: December Update [data set]

the-shiv January 7, 2025

China was the leading foreign direct investor in Vietnam in terms of the number of projects initiated in December with 96 new projects. South Korea, however, was the biggest investor in terms of registered Capital adding US$3.1 billion in capital. That said, Singapore remains the leading foreign direct investor in Vietnam for the year with 462 new projects and US$10.2 billion in new registered capital, according to data from the Ministry of Planning and Investment.

Average Salary in Vietnam Q4, 2024

the-shiv January 7, 2025

Vietnam has a reputation for abundant low cost labour. This has been instrumental to its rise as a key global manufacturing hub. That said, wages can vary greatly across sectors and industries, and by region. This article discusses the average salary in Vietnam and provides a glimpse into what firms can realistically expect to pay their staff when starting a business in Vietnam.

Vietnam Tourist Arrivals Tracker: December Update [data set]

the-shiv January 7, 2025

Vietnam’s tourism industry welcomed 1.71 million tourist arrivals in November, an increase of 20.54 percent over October. The biggest percentage gains were seen in visitors from Europe which were up by 44,450 people or 27.49 percent. Visitors from the Americas also saw a significant jump of about 24.80 percent, however, notably this was from a low base.

Vietnam FDI Tracker by Sector: December Update [data set]

the-shiv January 7, 2025

Vietnam added another 340 foreign direct invested projects to its 2024 tally in December, along with just over US$6.8 billion in additional capital commitments, according to data from Vietnam’s Ministry of Planning and Investment.

Vietnam Industrial Production Index Tracker: December Update [data set]

the-shiv January 6, 2025

Vietnam’s industrial production index in October recorded a jump of seven percent compared to the same period last year, driven by growth in key sectors like processing and manufacturing. The processing and manufacturing industry experienced a decent increase of 8.8 percent, while electricity production and distribution grew by 6 percent. The machines for the textile, garment and leather industries, however, has recorded the biggest rise so far this year, up 85 percent.

Vietnam CPI Tracker: December Update [data set]

the-shiv January 6, 2025

Vietnam’s Consumer Price Index grew by just .13 percent in November over October. Overall CPI year-on-year remained mostly steady at 2.77 percent up down from 2.89 percent in October. Core inflation, meanwhile, was hovering at 2.77 percent over November last year.

Manufacturing in Vietnam 2025: Ultimate Guide

the-shiv January 5, 2025

Vietnam’s manufacturing sector is in the middle of a boom period. In just over two decades the country has gone from relatively underdeveloped to a thriving hub of activity on the back of a manufacturing sector that has brought millions of jobs to the country…

How to Start a Real Estate Business in Vietnam in 2025

the-shiv January 3, 2025

Starting a real estate business in Vietnam presents many opportunities, as the country’s economic growth and rising incomes are fueling demand for both commercial and residential properties. However, entering the Vietnamese real estate market requires a deep understanding of the country’s business environment, real estate culture, and the regulatory landscape.

How to Export Coffee from Vietnam: Ultimate Guide 2025

the-shiv January 3, 2025

Vietnam is among the world’s biggest coffee exporters. In 2022, Vietnam exported coffee to the tune of 1.78 million tons second in volume only to Brazil. This brought the burgeoning Southeast Asian nation either US$3.2 billion or US$4 billion, depending on who you ask. Either way, it’s a huge amount of coffee which is produced by a huge coffee industry in Vietnam. Here’s a brief overview as to how to go about exporting coffee from Vietnam.

Vietnam Beer: What You Need To Know in 2025

the-shiv January 3, 2025

Vietnamese are among the biggest beer drinkers in Southeast Asia. In fact, by consumption, international beverage and hospitality firm, Kirin Holdings, found that Vietnam had the seventh highest beer consumption in the world after Germany but, notably, before the United Kingdom which was in position eight.

How to Export Footwear from Vietnam: Ultimate Guide 2025

the-shiv January 3, 2025

Vietnam footwear manufacturers count themselves as part of one of the biggest footwear manufacturing industries in the world. In this light, there is a huge opportunity in buying and exporting Vietnamese footwear around the world. This can be very profitable but there are a few nuances to the process that foreign firms looking to export footwear from Vietnam should be mindful of.

How to Manufacture Clothing in Vietnam: Ultimate Guide 2025

the-shiv January 3, 2025

Vietnam clothing manufacturers are a dime a dozen and with excellent access to key raw materials and relatively low-cost labour, making clothes in Vietnam can be relatively easy and cost-effective. There are a number of big brands manufacturing clothing in Vietnam already and they have been for years. In this context, Vietnam is well prepared for new brands to enter the market, and with the right support, foreign brands can realise real value in clothing manufacturing in Vietnam.

How to Open a Factory in Vietnam: Ultimate Guide 2025

the-shiv January 3, 2025

Opening a factory in Vietnam for foreign firms or individuals, however, is not always easy. Not only are there several technical requirements that need to be met, but there are also a broad number of considerations that need to be made–choosing the right location, the right business structure, and finding the right workers, for example…

How to Open a Supermarket in Vietnam: Ultimate Guide 2025

the-shiv January 3, 2025

Do you want to open a supermarket in Vietnam? This guide covers licencing and regulations, wages, location selection and more.

How to Start an English Centre in Vietnam: Ultimate Guide 2025

the-shiv January 3, 2025

Vietnam’s booming economy has seen huge numbers of foreign firms enter the market and foreign tourists visit the country. This has created huge demand for English language courses and the proliferation of English language learning centres around the country. In this light, this article discusses the key steps and procedures that should be understood when opening an English language centre in Vietnam.

How to Export Clothing from Vietnam: Ultimate Guide 2025

the-shiv January 3, 2025

Vietnam clothing manufacturers count themselves as part of one of the biggest clothing manufacturing industries in the world. In this light, there is a huge opportunity in buying and exporting Vietnamese clothing around the world. This can be very profitable but there are a few nuances to the process that foreign firms looking to export clothing from Vietnam should be mindful of.

Vietnam’s Investment Support Fund: Key Details 2025

the-shiv January 3, 2025

Vietnam’s Investment Support Fund is a new initiative aimed at incentivising foreign tech firms to invest in Vietnam. This is inline with tax incentives that were previously in place being vastly diminished by the Organisation for Economic Cooperation and Development’s Global Minimum Tax initiative. This new support mechanism is codified in Decree 182/2024/ND-CP and applies for the 2024 financial year onward. This article runs through key details of this decree for foreign firms.

How to Open a Data Centre in Vietnam: Ultimate Guide 2025

the-shiv January 3, 2025

Opening a data centre in Vietnam for foreign firms or individuals is not always easy. Not only are there several technical requirements that need to be met, but there are also a broad number of considerations that need to be made–choosing the right location, the right business structure, and finding the right workers, for example. This guide runs through the nuts and bolts of these processes and more.

How to Export Food from Vietnam: Ultimate Guide 2025

the-shiv January 3, 2025

Vietnam is a major player in global food exports, particularly known for its rice, coffee, seafood, and tropical fruits. These exports are driven by the country’s rich natural resources, favourable climate, and extensive agricultural industry. Food exports contribute significantly to Vietnam’s economy, providing income for farmers, creating jobs, and generating foreign exchange. Here’s how foreign firms can get involved.