Vietnam news in English for foreign firms doing business in Vietnam

Vietnam’s X-ray market is expected to grow from US$73.12 million in 2024 to US$99.22 million by 2030, with a compound annual growth rate (CAGR) of 5.22 percent, according to a report from MarkNtel Advisors. The rise is being driven by higher diagnostic demand, chronic disease cases, and investments in healthcare infrastructure, the report says.

Ice cream: Vietnam market to reach US$245 million by 2030 on rising demand, tourism boost

the-shiv April 12, 2025

Vietnam’s ice cream market is expected to grow from US$180 million in 2024 to US$245 million by 2030, expanding at a compound annual growth rate (CAGR) of 6.2 percent, according to MarkNtel Advisors. This growth, the report says, is being driven by rising incomes, hot weather, tourism, and shifting consumer preferences toward artisanal and exotic flavours.

Vietnam’s clinker and cement exports edge down by 0.94 percent in March

the-shiv April 11, 2025

Vietnam’s clinker and cement exports dipped slightly by 0.94 percent in March compared to February, totalling US$112.02 million, according to data from Vietnam’s General Department of Customs.

Vietnam’s cotton imports decline by 13.41 percent in March

the-shiv April 11, 2025

Vietnam’s imports of cotton totalled US$260.62 million in March 2025, reflecting a 13.41 percent decrease compared to February. Year-to-date (YTD) imports reached US$787.58 million, according to Vietnam’s General Department of Customs.

Stock market: Vietnam’s VN-Index surges 4.6 percent, trading tops US$1.5 billion

the-shiv April 11, 2025

Vietnam’s benchmark VN-Index jumped 4.63 percent to close at 1,222.46 points, marking a strong recovery across the board. Trading value on the VN-Index reached VND 38.16 trillion, or approximately US$1.53 billion, according to data from the Ho Chi Minh City Stock Exchange.

Vietnam’s pharmaceutical material imports surged over 34 percent in March

the-shiv April 11, 2025

Vietnam imported US$52.62 million worth of pharmaceutical materials in March, up 34.24 percent from February, according to Vietnam’s General Department of Customs. This brought the total value for the first quarter to US$128.40 million.

Vietnam’s mobile phone output down 1.7 percent year-on-year in Q1

the-shiv April 11, 2025

Vietnam’s mobile phone production reached 15.1 million units in March, up slightly from 14.9 million units in February. However, March output was 10.4 percent lower than the same month last year, and total first-quarter production stood at 45.8 million units, down 1.7 percent year-on-year, according to data from the General Statistics Office.

Vietnam’s rice exports surge by 48.06 percent in March

the-shiv April 11, 2025

Vietnam exported US$530.54 million worth of rice in March, up 48.06 percent from February, according to data from Vietnam’s General Department of Customs.

Tourism demand drives March rise in entertainment and culture prices in Vietnam

the-shiv April 11, 2025

Vietnam’s consumer price index (CPI) for culture, entertainment, and tourism rose 0.18% in March 2025, primarily due to increased travel demand and higher associated service costs, according to data from the General Statistics Office.

Vietnam News Roundup: April 4 to April 10

Mark Barnes April 11, 2025

This week’s Vietnam news roundup covers the latest: responses to US tariffs, State Bank open market operations, GDP and CPI numbers from the first quarter of 2025, the increase in the average income, and more…

Vietnam’s chemical product exports increase by 17.61 percent in March

the-shiv April 10, 2025

Vietnam’s chemical product exports rose by 17.61 percent in March compared to February, reaching US$260.18 million, according to data from Vietnam’s General Department of Customs.

Vietnam’s petroleum product imports rose over 7 percent in March

the-shiv April 10, 2025

Vietnam imported US$557.41 million worth of petroleum products in March, up 7.65 percent from February, according to Vietnam’s General Department of Customs. This brought the total value for the first three months of the year to US$1.66 billion.

Vietnam Tourist Arrivals Tracker: March Update [data set]

the-shiv April 10, 2025

Vietnam welcomed 2,054,309 international tourists in March, marking an 8.5 percent increase from February, according to Vietnam’s General Department of Tourism. Of the five segments recorded, the most foreign tourists came from Asia accounting for 1,614,360 arrivals with the biggest source country being China which accounted for 630,898 of Vietnam’s tourist arrivals in March.

Vietnam’s computer and electrical products imports rise by 10.39 percent in March 2025

the-shiv April 10, 2025

Vietnam’s imports of computers, electrical products, spare parts, and components totalled US$11.49 billion in March 2025, reflecting a 10.39 percent increase from February. Year-to-date (YTD) imports reached US$31.64 billion, according to Vietnam’s General Department of Customs.

Vietnam’s precious metal and jewellery exports up 23.56 percent in March

the-shiv April 10, 2025

Vietnam exported US$64.64 million worth of precious stones, precious metals and related articles in March, an increase of 23.56 percent from February, according to data from Vietnam’s General Department of Customs.

Vietnam education prices edge up in March on higher stationery costs

the-shiv April 10, 2025

The education consumer price index (CPI) rose 0.02% in March 2025 compared to February, driven entirely by a modest increase in stationery and school supply prices, according to data from the General Statistics Office.

ADB maintains strong growth forecast for Vietnam but flags structural risks: Report

the-shiv April 10, 2025

The Asian Development Bank (ADB) has maintained its 2025 GDP growth forecast for Vietnam at 6.0 percent, citing strong manufacturing, resilient domestic consumption, and increased public investment, according to its Asian Development Outlook (ADO) April 2024: Vietnam. Notably the report appears to have been compiled and completed prior to the tariff announcement made last week.

Vietnam to remain on emerging market upgrade watch list: FTSE Russell March update

the-shiv April 10, 2025

FTSE Russell has retained Vietnam on its Watch List for possible reclassification from Frontier to Secondary Emerging market status, citing ongoing progress but noting that key market access criteria are still unmet, according to the FTSE Equity Country Classification March 2025 Interim Announcement.

Vietnam’s ceramic product exports rise by 22.57 percent in March

the-shiv April 9, 2025

Vietnam’s ceramic product exports rose by 22.57 percent in March compared to February, reaching US$53.85 million, according to data from Vietnam’s General Department of Customs.

Vietnam’s pastry and sweets imports rose 11 percent in March

the-shiv April 9, 2025

Vietnam imported US$54.18 million worth of pastry, sweets and cereal products in March, up 11.46 percent from February, according to Vietnam’s General Department of Customs. The total import value for the first three months of the year reached US$143.49 million.