Tag: manufacturing

Year-to-date performance, however, remains flat. From January to October, paper exports totalled US$1.75 billion, a slight 0.4 percent decrease compared to the same period in 2023…

Year-to-date figures reveal even stronger growth. From January to October, exports in this category totalled US$43.05 billion, representing a 21.5 percent increase compared to the same period in 2023.

Vietnam’s chemical industry is a vital sector supporting agriculture, manufacturing, and consumer goods. It encompasses a broad range of products, including fertilisers, petrochemicals, basic chemicals, agrochemicals, specialty chemicals, and consumer chemicals. 

Year-to-date figures highlight substantial growth. From January to October, glass and glassware exports totalled US$971.86 million, a significant 43.5 percent increase compared to the same period in 2023…

The facility specialises in producing PV film, a critical supporting layer for photovoltaic panels, with an annual production capacity of 155,000 tons. The project creates employment for 231 workers and is expected to generate an annual export value of US$60 million…

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…

Year-to-date figures also indicate significant growth. From January to October, chemical exports totalled US$2.28 billion, a 15.2 percent increase compared to the same period in 2023…

Year-to-date figures are more encouraging, with chemical exports from January to October totalling US$2.22 billion. This marks a 12.1 percent increase compared to the same period in 2023, highlighting robust growth in the sector over the year…

Year-to-date figures also show consistent growth. From January to October, ceramic exports totalled US$537.78 million, an 8.6 percent increase compared to the same period in 2023…

The steady influx of foreign capital into manufacturing reflects Vietnam’s appeal as a regional industrial hub, offering a cost-effective environment for companies looking to establish or expand operations within Southeast Asia. This trend can be attributed to a number of factors including Vietnam’s competitive workforce, strategic location, and favourable government policies tailored to support foreign manufacturing operations..

Year-over-year, the industry exhibited even stronger results, with an 8.8 percent increase in output in October 2024 compared to October 2023. Cumulatively, the January-to-October 2024 period saw a 9.6 percent rise over the same period last year…

The S&P Global Vietnam Manufacturing Purchasing Managers’ Index reached 51.2 in October up from 47.3 in September, according to a press release from S&P. Above the 50 point break-even mark, this would indicate the manufacturing industry is expanding once more after a sharp fall in September…