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Tag: economy
The Economy category covers macroeconomic trends, fiscal policies, trade performance, and financial markets. It explores GDP growth, inflation, employment, investment flows, and regulatory changes, providing insights into economic stability, global trade relations, and policy impacts. This section serves as a resource for businesses, investors, and analysts monitoring economic developments.
Vietnam’s exports to the USA record slight November decline
the-shiv
December 14, 2024
Machinery, equipment, tools, and instruments led the export categories, contributing US$2.22 billion, though this marked a 10.54 percent decline month-on-month. Computers, electrical products, and spare parts followed at US$1.80 billion, down 0.65 percent.
Vietnam trade records slight fall in November but strong year-on-year gains
the-shiv
December 12, 2024
Exports in November totalled US$33.73 billion, down 5.3 percent from October. Imports for the same period reached US$32.67 billion, representing a 2.8 percent decline. This brought Vietnam’s trade balance for the month to a surplus of US$1.07 billion, reflecting a sustained positive trend despite the slowdown.
Vietnam sees continued growth in foreign direct investment in November
the-shiv
December 8, 2024
Year-to-date (YTD), Vietnam has attracted a total of 3,035 new projects with US$31.4 billion in newly registered capital, reflecting strong and consistent growth in foreign direct investment.
Vietnam’s CPI records slight dip in November vs. October
the-shiv
December 7, 2024
Throughout 2024, the CPI trends have varied significantly. September recorded a rate of 2.63 percent, while August saw a notable peak at 3.45 percent. Earlier in the year, July and June registered higher figures of 4.36 percent and 4.34 percent, respectively.
Vietnam’s exports to Belgium see October surge
the-shiv
December 5, 2024
Vietnam’s exports to Belgium reached US$403.87 million in October, reflecting a significant increase of 43.58 percent compared to September, according to Vietnam’s General Department of Customs. Year-to-date exports have now reached US$3.16 billion.
Vietnam’s exports to Spain record sharp rise in October
the-shiv
December 5, 2024
Vietnam’s exports to Spain reached US$354.96 million in October, marking an 11.12 percent increase compared to September, according to Vietnam’s General Department of Customs. Year-to-date exports have now reached US$3.41 billion.
Vietnam’s exports to Italy see significant growth in October
the-shiv
December 4, 2024
Vietnam’s exports to Italy totalled US$469.68 million in October, reflecting a robust increase of 35.62 percent month-on-month. Year-to-date exports to Italy reached US$4.15 billion, according to Vietnam’s General Department of Customs.
Vietnam struggles to disburse foreign loans on site clearance, approval delays
the-shiv
December 4, 2024
On the issue, the official government newspaper, has comments from several provincial leaders that have all detailed the same sort of problem in that plans are often changed after being approved which has seen delays as approvals for the revised plans have been sought. This often connects with site clearance delays.
Vietnam’s exports to Singapore jump 11.71 percent in October
the-shiv
December 4, 2024
Vietnam’s exports to Singapore reached US$433.10 million in October, an increase of 11.71 percent month-on-month. Year-to-date exports to Singapore amounted to US$4.35 billion, according to Vietnam’s General Department of Customs.
Vietnam’s exports to the United Arab Emirates record slight decline in October
the-shiv
December 3, 2024
Vietnam’s exports to the United Arab Emirates (UAE) totalled US$456.87 million in October, representing a slight decline of 2.04 percent month-on-month. The year-to-date export value reached US$4.77 billion.
Vietnam’s exports to Indonesia grow 6.8 percent in October
the-shiv
December 2, 2024
Vietnam’s exports to Indonesia reached US$527.62 million in October, up 6.80 percent month-on-month with year-to-date export value totalling US$5.16 billion, according to Vietnam’s General Department of Customs.
Vietnam’s exports to the Philippines rise 11.69 percent in October
the-shiv
December 2, 2024
Vietnam’s exports to the Philippines reached US$600.87 million in October, marking an 11.69 percent increase month-on-month with the year-to-date export value reaching US$5.22 billion, according to Vietnam’s General Department of Customs…
Vietnam’s exports to India decline in October
the-shiv
December 1, 2024
Vietnam’s exports to India totalled US$713.24 million in October, a decline of 10.90 percent compared to September, according to Vietnam’s General Department of Customs.
Vietnam’s exports to Thailand in October show mixed trends
the-shiv
December 1, 2024
Vietnam’s exports to Thailand totalled US$635.29 million in October, representing a slight increase of 0.87 percent month-on-month. The year-to-date export value reached US$6.50 billion, according to Vietnam’s General Department of Customs.
Vietnam’s exports to Australia decline sharply in October
the-shiv
November 30, 2024
Vietnam’s exports to Australia reached US$471.42 million in October, reflecting a significant drop of 26.05 percent compared to September. The year-to-date export value stood at US$5.50 billion, according to Vietnam’s General Department of Customs.
Vietnam’s exports to the United Kingdom rise 13.1 percent in October
the-shiv
November 30, 2024
Vietnam’s exports to the United Kingdom totalled US$687.2 million in October, marking a 13.1 percent increase month-on-month. The year-to-date export value reached US$6.36 billion, according to Vietnam’s General Department of Customs.
Vietnam’s exports to Germany surge in October
the-shiv
November 29, 2024
Vietnam’s export turnover to Germany reached over US$707.56 million in October, a significant increase of 25.38 percent month-on-month, according to Vietnam’s General Department of Customs. This brings the year-to-date total to US$6.53 billion, demonstrating strong growth in trade with Germany.
Vietnam sees significant growth in exports to the Netherlands in October
the-shiv
November 29, 2024
Vietnam’s export turnover to the Netherlands surged in October, reaching over US$1.2 billion, up 19.98 percent month-on-month and bringing the year-to-date figure to US$10.67 billion, according to Vietnam’s General Department of Customs…
Vietnam’s exports to Canada show solid growth in October 2024
the-shiv
November 28, 2024
Vietnam’s exports to Canada reached a total value of US$592.84 million in October, marking a notable increase of 20.15 percent compared to September…
Revised Vietnam Law on Trade Unions passes NA, impact re: Convention 87 unclear
the-shiv
November 28, 2024
Specifically, to be compliant with these agreements Vietnam needs to ratify the International Labour Organisation Convention 87. This would require allowing trade unions to be established independent of the Vietnam General Confederation of Labour with which all labour unions must currently be affiliated…