manufacturing
The Manufacturing category covers industrial production, factory expansions, and supply chain dynamics. It explores exports, imports, technological advancements, automation, and government policies, providing insights into investment trends, foreign participation, and production efficiencies.
Vietnam’s manufacture of ready-made garments (except apparel) grows steadily in November
Year-on-year, the sector saw a rise of 9.39 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the IPI for this category recorded a cumulative increase of 5.15 percent compared to the same period last year, demonstrating consistent expansion.
Vietnam’s exports of transportation parts decline by 7.62 percent in November
Year-to-date exports totalled US$13.77 billion. The United States was the leading destination with exports of US$298.4 million, up by 12.34 percent month-on-month.
Vietnam’s woven fabric production sees robust growth in November
Year-on-year, woven fabric production experienced substantial growth of 17.03 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector recorded an 11.95 percent increase compared to the same period last year, underscoring its key role in Vietnam’s industrial performance.
Vietnam’s imports of mobile phones and parts drop by 9.5 percent in November
On a year-to-date basis, imports have reached US$9.43 billion. China remains the dominant supplier despite a 12.84 percent monthly decline, contributing US$851.4 million. South Korea saw a notable increase of 67.62 percent, reaching US$34.8 million, while Japan recorded sharp growth of 180.04 percent to US$531.8 million.
Vietnam’s wood and wooden product exports dip by 4.8 percent in November
Exports to the USA dropped by 2.64 percent to US$827.3 million, while China and Japan saw sharp declines of 16.59 percent and 15.70 percent, respectively.
Vietnam’s fiber production continues steady growth in November
Year-on-year, fiber production saw significant growth of 10.03 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the IPI for the sector expanded by 12.68 percent compared to the same period last year, underlining its robust performance as one of Vietnam’s industrial strengths.
Vietnam footwear exports jump 6.25 percent in November
The United States remained the largest market, importing US$714.22 million, up 4.11 percent from October. China followed with a substantial increase of 46.99 percent to US$188.19 million, while Japan recorded an 18.14 percent rise to US$98.22 million. South Korea showed remarkable growth, surging 79.87 percent to US$65.48 million.
Vietnam’s iron and steel imports fall sharply by 31.9 percent in November
China remained Vietnam’s largest supplier, accounting for US$550.87 million, though this reflected a sharp drop of 46.04 percent month-on-month. Imports from South Korea grew by 8.17 percent, reaching US$138.92 million, while Japan recorded a 12.70 percent increase to US$135.15 million.
Vietnam’s textile and garment exports decline by 5 percent in November
The USA remained the largest market, with exports rising slightly by 1.68 percent to US$1.31 billion. Exports to Japan dropped by 7.94 percent to US$387.94 million, while South Korea saw a significant decline of 46.65 percent, totalling US$186.35 million.
Vietnam’s fabric imports dip slightly in November
China remained Vietnam’s largest supplier, contributing US$866.08 million, though this reflected a slight month-on-month decrease of 2.22 percent. South Korea followed with strong growth, increasing by 14.61 percent to US$138.08 million. Taiwan saw a decline of 5.45 percent, with imports totalling US$117.38 million.
Vietnam’s exports of machinery and equipment decline in November
The USA remained the largest market, with exports reaching US$2.22 billion, despite a decline of 10.54 percent month-on-month. Exports to China were stable at US$301.61 million, reflecting a slight increase of 0.25 percent. South Korea saw a sharp decline of 15.74 percent, with exports totalling US$253.97 million.
Vietnam’s imports of machinery and equipment increase in November
China remained the top supplier, with imports increasing by 8.11 percent to US$2.72 billion. South Korea contributed US$412.03 million, marking a slight growth of 2.01 percent, while the USA recorded a 5.34 percent increase, totalling US$96.87 million.
Vietnam’s exports of telephones and mobile phones record sharp November decline
China was the largest market, receiving US$1.12 billion in November, but this represented a significant decline of 33.65 percent month-on-month. The USA followed with US$642.82 million, down 7.68 percent. South Korea saw a decrease of 13.16 percent, with exports totalling US$263.32 million.
Vietnam’s imports of computers and electronic products decline in November
China was the largest supplier, with imports growing by 6.77 percent to US$2.97 billion. South Korea followed, contributing US$2.82 billion but reflecting a decline of 2.69 percent month-on-month. Taiwan saw imports decrease by 5.35 percent to US$1.26 billion.
Vietnam’s household equipment and appliance prices record November increase
Throughout 2024, the sector has experienced stable, gradual growth. September’s CPI stood at 1.17 percent, while mid-year figures remained consistent, with 1.14 percent in August and 1.15 percent in July…
Vietnam’s exports of computers and electronics record 5.42 percent November jump
The USA remained the largest market, with exports amounting to US$1.80 billion, despite a slight decline of 0.65 percent month-on-month.
Vietnam’s processing and manufacturing production records strong November growth
Year-on-year, the processing and manufacturing industry showed an impressive growth rate of 11.22 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector achieved an overall increase of 9.69 percent compared to the corresponding period last year, underlining its role as a driving force for Vietnam’s economy.
Vietnam’s yarn exports rise in October, year-to-date performance shows modest growth
Year-to-date performance shows more modest growth. From January to October, Vietnam exported 1.54 million tonnes of yarn, valued at US$3.65 billion. This marks a 4 percent increase in volume and a marginal 0.3 percent rise in value compared to the same period in 2023.
Vietnam’s garments, hats, and shoes prices remain stable in November
Garments, hats, and shoes form an essential part of household expenditure in Vietnam, driven by domestic demand and seasonal shopping patterns. The sector is also a significant contributor to the economy, supported by the country’s strong textile and footwear production capabilities.
Vietnam’s wood and wooden product exports surge in October, maintain strong year-to-date growth
Year-to-date performance also shows strong growth. From January to October, exports in this category totalled US$13.22 billion, marking a 21.2 percent increase compared to the same period in 2023.
In today’s Vietnam news: Fuel prices cut, Double-digit growth target reinforced, New airport services delay approval requested, TikTok VN investment, Bybit in Vietnam, LG
In today’s Vietnam news: VN renews antidumping tariffs on Thai sugar, Power supply challenges continue, USTR tariffs forced labour, AMRO growth forecast downgrade, Foreign
In today’s Vietnam news: Fund outflows May, New HCMC airport trial operations to begin September, M&A HCMC 2026, Compensation for gas-to-electric bike switch Hanoi,
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It