July 16, 2025
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insights & analysis
Vietnam’s machinery exports decline by 11.93 percent in January
the-shiv February 25, 2025 8:33 pm
Vietnam’s exports of machinery, equipment, tools, and instruments fell by 11.93 percent month-on-month in January, reaching US$3.86 billion, according to Vietnam’s General Department of Customs.
Banking in Vietnam 2025: Account Ownership, Mobile Money & Key Players
the-shiv February 25, 2025 8:09 pm
Banking in Vietnam is evolving and in many ways putting banking in Vietnam at the forefront of consumer banking product development. That said, the banking industry in Vietnam is among the most heavily regulated sectors. Not only that, core tenets of international banking often do not apply in this rapidly developing nation. With this in mind, it is fairly safe to say that, when it comes to banking in Vietnam, the country is carving out a unique path of its own.
Beer and malt production in Vietnam sees slight annual growth despite January decline
the-shiv February 25, 2025 7:49 pm
Vietnam’s beer and malt production increased by 75.2 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 99.3 percent above 2019 levels.
Vietnam’s imports of fabrics fall 18.76 percent in January
the-shiv February 25, 2025 7:33 pm
Vietnam’s imports of fabrics declined by 18.76 percent month-on-month in January to US$1.08 billion, according to Vietnam’s General Department of Customs. This follows a decrease from US$1.33 billion recorded in December.
Vietnam’s exports of chemical products fall 7.33 percent in January
the-shiv February 25, 2025 7:16 pm
Vietnam’s exports of chemical products decreased by 7.33 percent month-on-month in January, reaching US$228.43 million, according to Vietnam’s General Department of Customs. This follows a decline from US$246.50 million recorded in December.
Vietnam’s imports of plastic products fall 18.43 percent in January
the-shiv February 25, 2025 5:40 pm
Vietnam’s imports of plastic products decreased by 18.43 percent month-on-month in January, reaching US$679.68 million, according to Vietnam’s General Department of Customs. This follows a decline from US$833.22 million recorded in December.
Chinese firms add US$489.87 million to Vietnam’s January FDI tally
the-shiv February 25, 2025 4:07 pm
In January, Chinese firms contributed US$489.87 million in foreign direct investment (FDI) in Vietnam across 85 new projects, according to data from Vietnam’s Ministry of Planning and Investment. This represents a decline of US$358.85 million compared to December, which saw US$848.72 million in registered capital with 96 new projects.
Vietnam’s exports of toys and sports requisites rise 27.55 percent in January
the-shiv February 25, 2025 8:55 am
Vietnam’s exports of toys and sports requisites surged by 27.55 percent month-on-month to US$401.81 million in January, according to Vietnam’s General Department of Customs.
UK tourist arrivals in Vietnam rise in January
the-shiv February 25, 2025 8:38 am
Vietnam welcomed 33,435 tourists from the UK in January, making up 1.6 percent of total international arrivals, according to Vietnam’s General Department of Tourism. This represents a 25.6 percent increase from December and a 13.8 percent rise year-on-year.
Vietnam’s iron and steel product exports fall by 13.25 percent in January
the-shiv February 24, 2025 8:31 pm
Vietnam’s exports of iron and steel products declined by 13.25 percent month-on-month in January, reaching US$438.99 million, according to Vietnam’s General Department of Customs.
Communication equipment manufacturing in Vietnam sees January decline
the-shiv February 24, 2025 7:46 pm
Vietnam’s communication equipment manufacturing industry increased by 75.7 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 96.6 percent above 2019 levels.
Vietnam’s imports of essential oils and cosmetics fall 29.82 percent in January
the-shiv February 24, 2025 7:30 pm
Vietnam’s imports of essential oils, resinoids, perfumery, cosmetic, and toilet preparations fell by 29.82 percent month-on-month in January to US$93.32 million, according to Vietnam’s General Department of Customs. This follows a decline from US$132.97 million recorded in December.
Vietnam’s exports of ceramic products fall 25.46 percent in January
the-shiv February 24, 2025 7:11 pm
Vietnam’s exports of ceramic products decreased by 25.46 percent month-on-month in January, reaching US$54.54 million, according to Vietnam’s General Department of Customs. This follows a decline from US$73.18 million recorded in December.
Vietnam’s imports of pharmaceutical products fall 51.24 percent in January
the-shiv February 24, 2025 5:37 pm
Vietnam’s imports of pharmaceutical products decreased by 51.24 percent month-on-month in January, reaching US$252.63 million, according to Vietnam’s General Department of Customs. This follows a sharp decline from US$518.17 million recorded in December.
Japanese firms contribute US$599.09 million to Vietnam’s January FDI tally
the-shiv February 24, 2025 4:04 pm
In January, Japanese firms invested US$599.09 million in foreign direct investment (FDI) in Vietnam across 21 new projects, according to data from Vietnam’s Ministry of Planning and Investment. This marks an increase of US$710.96 million in registered capital compared to December, which saw a negative balance of US$111.87 million across 25 new projects.
Vietnam’s textile and garment exports drop 5.81 percent in January
the-shiv February 24, 2025 8:52 am
Vietnam’s exports of textiles and garments fell 5.81 percent month-on-month to US$3.19 billion in January, according to Vietnam’s General Department of Customs.
Philippine tourist arrivals in Vietnam increase in January
the-shiv February 24, 2025 8:36 am
Vietnam welcomed 34,578 tourists from the Philippines in January, accounting for 1.7 percent of total international visitors, according to Vietnam’s General Department of Tourism. This marks an 8.7 percent increase from December and a significant 104.9 percent rise year-on-year.
Vietnam’s iron and steel exports rise by 15.10 percent in January
the-shiv February 23, 2025 8:26 pm
Vietnam’s iron and steel exports increased by 15.10 percent month-on-month in January, reaching US$611.05 million, according to Vietnam’s General Department of Customs.
Footwear manufacturing output in Vietnam sees January decline
the-shiv February 23, 2025 7:43 pm
Vietnam’s footwear manufacturing industry increased by 86.9 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 117.6 percent above 2019 levels.
Vietnam’s imports of electric consumer products fall 4.79 percent in January
the-shiv February 23, 2025 7:25 pm
Year-to-date, Vietnam’s total imports of these products stood at US$198.94 million. China remained the largest supplier, contributing US$79.72 million, or 40.08 percent of the total. Thailand followed with US$74.40 million, representing 37.39 percent, while Malaysia supplied US$30.91 million.
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