Key Challenges in Vietnam-US Trade Negotiations: Unpacked
April 15, 2025
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Vietnam’s Private Sector Development Push: Unpacked
March 26, 2025
Vietnam’s Aviation Industry: State of Play 2025
March 12, 2025
Vietnam and the Middle Income Trap: Unpacked
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Vietnam’s 8 Percent GDP Growth Target: Unpacked
February 20, 2025
Buy More, Sell Less: Tackling Vietnam’s Trade Surplus with the US
February 12, 2025
Is Vietnam the Next Asian Tiger Economy?
February 4, 2025
What Recent Traffic Reforms Say About Doing Business in Vietnam
January 22, 2025
Building An International Financial Centre in Vietnam: Unpacked
January 14, 2025
Vietnam’s Economy in 2024: A Brief Recap
January 8, 2025
What to Watch Now Google Has An Office in Vietnam
December 18, 2024
Does Vietnam Have a Private Consumption Problem Too?
December 11, 2024
The 8th Session of Vietnam’s National Assembly: Key Takeaways
December 3, 2024
Rethinking Financing Vietnam’s Clean Energy Transition
November 27, 2024
Vietnam’s New Social Media ID Regulations: Unpacked
November 19, 2024
How Well Prepared Is Vietnam for a Trump Presidency?
November 12, 2024
Vietnam’s footwear exports surge in October, maintain strong year-to-date growth
the-shiv November 23, 2024
Year-to-date figures also show solid growth. From January to October, Vietnam exported footwear worth US$18.57 billion, a 12.9 percent increase compared to the same period in 2023…
Korean FDI in Vietnam hits US$3.56 billion year-to-date, with strong October performance
the-shiv November 23, 2024
October 2024 saw a notable rise in Korean FDI, with 76 new projects valued at US$663 million. This marked a significant increase compared to September, which recorded only 26 projects worth US$1.05 billion. The surge in October highlights the continued confidence of Korean investors in Vietnam’s economic potential…
Moons’ Industries increases investment in VSIP Industrial Park by US$69 million
the-shiv November 23, 2024
The project focuses on producing precision motors, motion transmission motors, LED sources, and similar components, with a production capacity of 990,000 product sets annually. It has created employment opportunities for 100 workers and is expected to contribute approximately US$50 million in annual exports.
Vietnam’s fishery exports grow in October and maintain steady year-to-date performance
the-shiv November 23, 2024
Year-to-date figures also show consistent growth. From January to October, Vietnam’s fishery exports totalled US$8.25 billion, representing a 10.9 percent increase compared to the same period in 2023…
Agriculture sector sees drop in FDI with no new projects in October
the-shiv November 23, 2024
Year-to-date, the sector has attracted nine projects with total capital amounting to US$91.53 million. This significant decline reflects the challenges in attracting consistent FDI in agriculture-related industries, which often depend on specific seasonal and market-driven factors.
Vietnam’s electronics sector posts mixed production results in October
the-shiv November 23, 2024
The production of electronic products, computers, and optical products grew by 2.8 percent from September 2024, while the year-over-year increase for October reached 4.1 percent. Cumulatively, production in this segment rose by 8.8 percent from January to October compared to the same period in 2023…
Vietnam’s fertiliser exports rise in October, year-to-date figures show steady growth
the-shiv November 22, 2024
Year-to-date figures also highlight positive performance. From January to October, Vietnam exported 1.44 million tonnes of fertilisers, generating US$590.54 million in value. This represents a 10.9 percent increase in volume and a 9.4 percent rise in value compared to the same period in 2023.
Vietnam’s motor vehicle manufacturing sector sees exceptional year-over-year growth
the-shiv November 22, 2024
The primary motor vehicle manufacturing segment grew by 7.1 percent from September 2024 and recorded an impressive 24.8 percent increase compared to October 2023. Year-to-date growth reached 14.0 percent, reflecting strong demand for vehicles and Vietnam’s expanding capabilities in automotive production.
Japanese FDI in Vietnam reaches US$3.01 billion year-to-date, October sees significant increase
the-shiv November 22, 2024
The October surge underscores Japan’s growing confidence in Vietnam as a key investment destination. With year-to-date figures indicating strong contributions, Japanese investments are primarily directed towards manufacturing, technology, and infrastructure, aligning with Vietnam’s development priorities.
Vietnam’s crude oil exports plummet in October, year-to-date figures remain stagnant
the-shiv November 22, 2024
Vietnam’s crude oil exports faced a sharp decline in October 2024, with export volumes dropping to 118,275 tonnes and a value of US$73.29 million. This represents a significant 58.6 percent decrease in volume and a 61.4 percent fall in value compared to September, which recorded 285,624 tonnes valued at US$189.70 million, according to Vietnam’s General Department of Customs
Vietnam News Roundup: November 15 to November 21
the-shiv November 22, 2024
This week’s Vietnam news roundup covers the latest State Bank open market operations, potential changes to Mercedes-Benz business operations in Vietnam, Vietnam’s status on the US currency manipulator watchlist, a gold reserves update, and more…
Vietnam’s exports to South Korea rise in October, driven by strong performance in multiple sectors
the-shiv November 22, 2024
Vietnam’s exports to South Korea totalled US$2.28 billion in October, reflecting a robust 12.51 percent increase compared to September’s figure of US$2.02 billion. The year-to-date total exports to South Korea reached approximately US$21.21 billion, highlighting South Korea’s position as a key trading partner.
USI Group boosts investment in northern Vietnam by US$75 million
the-shiv November 22, 2024
The project specialises in producing and assembling electronic circuit boards, wearable devices, smart handheld devices, and household appliances. With a production capacity of 260 million product sets per year, it plays a significant role in Vietnam’s growing tech manufacturing sector. The facility employs 1,000 workers and contributes substantially to the country’s export economy, generating US$500 million in annual exports.
Vietnam’s computer and electronics exports dip in October, but year-to-date figures show strong growth
the-shiv November 21, 2024
There was a slight dip in October, however, year-to-date figures reveal robust growth. From January to October, exports in this category totalled US$58.67 billion, a 26.1 percent increase compared to the same period in 2023.
Vietnam’s exports to China decline in October, with significant drops in key categories
the-shiv November 21, 2024
Vietnam’s exports to China in October totalled US$5.43 billion, representing a decline of 10.87 percent compared to September’s figure of US$6.10 billion. The year-to-date total exports to China stand at approximately US$49.94 billion, reflecting China’s status as a vital trading partner despite recent contractions.
Mercedes-Benz starts import business in Vietnam despite local assembly factory
the-shiv November 21, 2024
The assembly factory was established in 1995 on a 30 year lease set to expire next year but there have been bureaucratic problems with extending the lease that has meant the factory has had to slow production and there were reports back in August it might shut down altogether.
What’s left in the State Bank of Vietnam’s gold reserves?
the-shiv November 21, 2024
The State Bank has said it will continue to sell gold bars from its gold reserves in order to ‘stabilise’ the gold market. Between June 3 to October 29, the central bank sold 305,600 taels of gold or about 11.46 tons of gold into the market from its reserves. At today’s gold price, US$84,880.7 a kilogram, those 11.46 tons would be worth US$972.7 million…
Vietnam domestic flights show slight recovery in October
the-shiv November 21, 2024
Among the market leaders, Vietnam Airlines operated 7,483 flights in October with Vietjet retaining its leading position with 7,965 flights, making it the top carrier for domestic routes. Pacific Airlines operated 366 flights, while Vasco and Bamboo Airways contributed 489 and 1,150 flights, respectively.
DEEP C northern Vietnam Industrial Park has US$169 million capital boost approved
the-shiv November 21, 2024
It’s hoped this expansion will bolster the park’s ability to attract major investors, adding to its existing roster of notable tenants like Pegatron, Vietnam Advance Film Material, Core5, Posco, and Pyeonghwa Automotive. These companies represent a combined capital of US$5 billion…
Vietnam dairy enzymes market to grow steadily at 4.58% CAGR through 2029
the-shiv November 21, 2024
The report goes on to say that the increasing consumption of dairy in Vietnam is fuelled by economic development, urbanisation, and higher disposable incomes. As living standards improve, more Vietnamese consumers are integrating dairy into their diets, valuing its nutritional benefits. This shift has bolstered demand for dairy enzymes, which are vital for producing high-quality products such as milk, cheese, yogurt, and infant formula.