Vietnam news in English for foreign firms doing business in Vietnam

China topped the list of importers with US$95.43 million in November, a significant 27.32 percent increase compared to the previous month. The United States followed closely with US$93.14 million, although this represented an 8.96 percent decrease.

How to Open a Cafe in Vietnam: Ultimate Guide 2025

the-shiv January 2, 2025

Thinking about opening a cafe or coffee shop in Vietnam? This guide will run your through the finer nuances of establishing cafe in Vietnam.

How to Open a Bar in Vietnam 2025: Ultimate Guide

the-shiv January 2, 2025

Opening a bar in Vietnam for foreign firms or individuals can be tricky. Not only are there a number of technical and licensing requirements that need to be met, but Vietnam has also developed its own very distinct drinking culture which can make penetrating Vietnam’s booming consumer class challenging. This article runs through key details foreign investors should be aware of.

How to Start a Business in Vietnam: Ultimate Guide 2025

the-shiv January 2, 2025

Starting a business in Vietnam can be tricky. There can be a lot of red tape and requirements and working with certain authorities, to be frank, can be challenging. That said, firms and entrepreneurs can ease the stress and tension that comes with starting a business in Vietnam by understanding the process and its nuances ahead of time. This article explains what foreign investors need to know when considering starting a business in Vietnam.

Vietnam’s motor vehicle manufacturing sector soars in November

the-shiv January 2, 2025

Year-on-year, the industry recorded a remarkable 36.17 percent growth in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth reached 18.33 percent, cementing motor vehicle manufacturing as a key driver of Vietnam’s industrial growth.

How to Brew Beer in Vietnam: Ultimate Guide 2025

the-shiv January 2, 2025

Vietnam, known for its vibrant beer culture, offers a unique environment for brewing beer. With its rapidly expanding market and growing appreciation for craft and premium brews, the country has become a prime location for both large-scale breweries and small craft beer enthusiasts to thrive. Understanding the nuances of brewing beer in Vietnam, however, including the country’s unique business environment and business practices can be key to ensuring a high-quality product is produced in a timely and effective way.

Vietnam Airlines is expecting a record profit despite huge accumulated losses

the-shiv January 2, 2025

The head of Vietnam Airlines told a conference the airline is expecting a pre-tax profit of VND 7,300 billion or about US$286.4 million. Whereas at face value this looks to be good news for the airline, the reality is that its situation is much more complex…

Vietnam central banks raises credit growth limit/target for 2025 to 16 percent

the-shiv January 2, 2025

Of note, whereas Vietnam in the first instance introduced credit growth limits to stymie out of control inflation, it has since reorientated credit growth policy to facilitate economic growth. This is seeing private debt rise rapidly along with bad debts as banks push lending on to consumers rather than due to growing demand.

Vietnam casino to stop admitting locals from 2025 at pilot program’s end

the-shiv January 2, 2025

Of note, this has not been covered by the local press though it’s not immediately clear why and coverage in the international press is limited.

Vietnam housing supply in 2024 just 7 percent of pre-pandemic levels

the-shiv January 2, 2025

Vietnam’s housing supply reached just seven percent of its pre pandemic levels in 2024, according to report from the Vietnam Association of Realtors…

How to Open a Hotel in Vietnam: Ultimate Guide 2025

the-shiv January 2, 2025

Opening a hotel or resort in Vietnam for foreign firms or individuals, however, is not always easy. Not only are there several technical and licensing requirements that need to be met, but Vietnam also has its own unique travel culture. This guide runs through the ins and outs of opening a hotel in Vietnam.

How to Start an Import Business in Vietnam: Ultimate Guide 2025

the-shiv January 2, 2025

Vietnam is in the midst of a trade boom. Goods are flowing in and out of Vietnam to the tune of billions of dollars every day. Not only is there a growing consumer market that is buying up all manner of goods but a booming manufacturing industry led my a number of big companies manufacturing in Vietnam is also sucking in raw materials from all over the world and the region to assemble at factories all over Vietnam. With this in mind, there are broad opportunities in starting an import business in Vietnam.

How to Open a Retail Store in Vietnam: Ultimate Guide 2025

the-shiv January 2, 2025

Opening a retail store in Vietnam for foreign firms, however, is not always easy. Not only are there a number of technical requirements that need to be met, but Vietnam has also developed its own retail store culture, putting its own twist on retail store shopping experiences…

Russian tourist arrivals in Vietnam increase by 40.93 percent in November

the-shiv January 2, 2025

Year-to-date, Russian arrivals reached 203,780, reflecting a remarkable 89.1 percent growth compared to the same period last year. Russia remains a significant source market for Vietnam, showcasing strong demand for leisure travel.

Vietnam’s ores and minerals exports slump in November

the-shiv January 2, 2025

Japan emerged as a standout market, importing US$3.02 million, a staggering increase of 5,840 percent compared to the previous month.

Vietnam’s crude oil exports surge 27.4 percent in November

the-shiv January 1, 2025

Thailand remained the leading importer, receiving US$47.24 million in November, a slight increase of 0.31 percent from the previous month, and contributing to a year-to-date total of US$669.20 million.

Vietnam’s sewing clothes sector records strong growth in November

the-shiv January 1, 2025

Year-on-year, the sewing clothes sector recorded an impressive growth of 18.07 percent in November 2024 compared to the same period in 2023.

Vietnam’s yarn exports decline in November

the-shiv January 1, 2025

Year-to-date exports amounted to US$4.02 billion. China remained the top importer with US$1.95 billion, despite an 8.59 percent drop from the previous month.

Vietnam’s household electrical appliances sector grows steadily in November

the-shiv January 1, 2025

Year-on-year, the sector posted a significant 15.73 percent growth in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth stood at 9.98 percent, highlighting its contribution to Vietnam’s industrial output.

German tourist arrivals in Vietnam rise by 38.11 percent in November

the-shiv January 1, 2025

Year-to-date, German arrivals reached 226,049, reflecting a 27.4 percent growth compared to the same period last year. Germany remains a key European source market for Vietnam, showcasing a strong recovery in long-haul tourism.