Vietnam imported machine, equipment, tools and instruments to the tune of US$5,281 million in October, down 2.34 percent over September, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had imported US$49,553 million worth of machines and equipment by the end of October.
In October, Vietnam’s top supplier of machines and equipment was China, accounting for US$3,216 million worth. This was down 5.43 percent over September. Year to date, China has shipped US$31,409 million worth of machines and equipment to Vietnam.
After China, Japan was the next biggest supplier. It shipped US$385 million worth of machines & equipment to Vietnam in October, a fall of 0.87 percent. Its total for the year to date is now sitting at US$4,042 million.
South Korea was also a major supplier, shipping US$362 million worth of machines and equipment to Vietnam in October. This was a fall of 0.93 percent, for a total of US$3,818 million for the year.
Rounding out the top five was Germany with US$167 million, a 12.61 percent change month-on-month, for a total of US$1,274 million for the year, and the USA with US$130 million, a 9.61 percent change for a total of US$1,040 million.
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Vietnam imports of machine, equipment, tools and instruments in October, US$millions
| October | September | MoM | YTD | |
| Total | 5,281.25 | 5,407.84 | -2.34% | 49,552.88 |
| Other | 587.84 | 600.91 | -2.17% | 4,323.02 |
| China | 3,216.39 | 3,400.98 | -5.43% | 31,408.98 |
| Japan | 385.15 | 388.53 | -0.87% | 4,041.82 |
| South Korea | 361.76 | 365.16 | -0.93% | 3,817.54 |
| Germany | 166.52 | 147.88 | 12.61% | 1,273.75 |
| USA | 129.75 | 118.38 | 9.61% | 1,040.21 |
| Taiwan | 123.25 | 133.94 | -7.98% | 1,269.54 |
| Malaysia | 114.83 | 85.80 | 33.83% | 813.81 |
| Thailand | 108.69 | 96.77 | 12.31% | 898.62 |
| Italy | 44.35 | 36.20 | 22.52% | 403.00 |
| Singapore | 42.71 | 33.30 | 28.26% | 262.60 |
| India | 39.39 | 37.29 | 5.65% | 405.33 |
| Switzerland | 35.09 | 44.27 | -20.73% | 208.99 |
| Philippines | 34.44 | 28.89 | 19.21% | 303.01 |
| UK | 29.80 | 26.41 | 12.81% | 247.94 |
| Netherlands | 22.37 | 12.00 | 86.41% | 156.80 |
| Indonesia | 20.57 | 18.53 | 10.99% | 188.51 |
| Denmark | 19.86 | 7.19 | 176.22% | 63.13 |
| Mexico | 18.04 | 16.63 | 8.44% | 149.01 |
| France | 16.60 | 18.24 | -9.00% | 200.46 |
| Sweden | 14.01 | 8.27 | 69.46% | 102.93 |
| Belgium | 12.89 | 17.71 | -27.24% | 84.43 |
| Austria | 12.57 | 5.46 | 130.27% | 87.69 |
| Poland | 12.06 | 9.60 | 25.63% | 69.83 |
| Hungary | 10.45 | 6.42 | 62.75% | 71.28 |
| Finland | 10.17 | 7.63 | 33.30% | 83.38 |
| Czech Republic | 8.44 | 7.18 | 17.56% | 86.29 |
| Israel | 7.65 | 8.11 | -5.73% | 64.29 |
| Russia | 7.56 | 3.93 | 92.55% | 29.38 |
| Spain | 7.43 | 9.53 | -22.02% | 69.11 |
| Canada | 7.20 | 27.64 | -73.96% | 76.75 |
| Brazil | 5.88 | 9.11 | -35.46% | 29.00 |
| Ireland | 4.98 | 4.37 | 14.01% | 46.82 |
| Australia | 4.92 | 3.06 | 60.50% | 28.50 |
| Norway | 4.68 | 7.90 | -40.83% | 104.61 |
| Turkey | 4.52 | 6.37 | -29.04% | 50.46 |
| Cambodia | 3.28 | 4.80 | -31.53% | 36.52 |
| Hong Kong | 1.77 | 1.17 | 51.88% | 157.91 |
| Ukraine | 0.87 | 0.12 | 602.51% | 2.44 |
| Lithuania | 0.68 | 0.54 | 25.92% | 5.37 |
| New Zealand | 0.63 | 0.25 | 155.88% | 6.44 |
| South Africa | 0.59 | 0.24 | 143.64% | 4.36 |
| UAE | 0.22 | 0.47 | -52.97% | 12.74 |
| Iceland | 0.19 | 0.16 | 17.17% | 2.58 |
| Bangladesh | 0.05 | 0.05 | -12.42% | 0.37 |
| Armenia | 0.00 | 0.00 | 0.00% | 0.05 |
| Belarus | 0.00 | 0.00 | 0.00% | 0.79 |
| Cyprus | 0.00 | 0.06 | -100.00% | 0.57 |
Listed machines and equipment companies
Domesco Medical Import Export JSC
Domesco Medical Import Export JSC (DMC) manufactures and distributes pharmaceuticals, supplements, and medical equipment in Vietnam.
DMC closed at VND 60,700 on Thursday up 1.3 percent with 10,000 shares traded, worth VND 61 million.
Foreign ownership in DMC is currently capped at 100.0 percent, with current foreign ownership sitting at 56.7 percent.
Dien Quang Lamp JSC
Dien Quang Lamp JSC (DQC) manufactures and distributes lighting equipment, electrical accessories, and smart lighting systems.
DQC closed at VND 10,700 on Thursday down 0 percent with 160,000 shares traded, worth VND 171 million.
Foreign ownership in DQC is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
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Vietnam’s machines and equipment industry
Vietnam’s machine, equipment, tools, and instruments industry plays a crucial role in supporting the country’s manufacturing and construction sectors.
The industry produces a wide range of products including industrial machinery, precision instruments, and mechanical tools, serving both domestic demand and export markets.
With growing investment in industrial parks and supporting industries, Vietnam is emerging as a regional base for machinery production and assembly.