resources
The Resources category covers natural resource management, extraction, and trade. It explores commodity pricing, environmental policies, investment in resource industries, and supply chain developments, providing insights into economic impact, sustainability, and foreign investment.
Vietnam rare earth reserves estimate plummets in latest US Geological Survey
The United States Geological Survey’s Mineral Commodity Summaries 2025 report has revised down Vietnam’s estimated rare earth reserves from 22 million tons to 3.5 million tons. The report doesn’t provide specific details as to why its estimate has changed other than to say it was “based on company and Government reports.” This change would make Vietnam’s rare earth reserves the sixth biggest in the world.
Vietnam’s coal production sees growth in February 2025
Vietnam’s coal production has shown notable progress in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 3.44 million tons of coal in January 2025. In February, this figure rose to an estimated 3.77 million tons.
Vietnam’s coal exports plunge 65.89 percent in January
Vietnam’s coal exports saw a dramatic drop of 65.89 percent month-on-month in January, reaching just US$6.39 million, according to Vietnam’s General Department of Customs. This follows a substantial decrease from US$18.73 million recorded in December.
Vietnam’s imports of precious stones and precious metals fall 36.76 percent in January
Vietnam’s imports of precious stones and precious metals decreased by 36.76 percent month-on-month in January, reaching US$55.43 million, according to Vietnam’s General Department of Customs. This follows a significant decline from US$87.64 million recorded in December.
Vietnam’s ore and mineral exports drop by 70.40 percent in January
Vietnam’s exports of ores and other mineral products fell by 70.40 percent month-on-month in January, reaching US$7.99 million, according to Vietnam’s General Department of Customs.
Hard coal and lignite industry output in Vietnam sees mixed January performance
Vietnam’s mining of hard coal and lignite recorded a 12.4 percent increase in January 2025 compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, the sector saw a 4.2 percent decline compared to December.
Vietnam’s imports of petroleum products fall 29.52 percent in January
Vietnam’s imports of petroleum products decreased by 29.52 percent month-on-month in January, reaching US$589.58 million, according to Vietnam’s General Department of Customs. This follows a decline from US$836.52 million recorded in December.
Vietnam’s imports of coal fall 5.1 percent in January
Vietnam’s imports of coal fell by 5.1 percent month-on-month in January to US$562.93 million, according to Vietnam’s General Department of Customs. This follows a decline from US$593.09 million recorded in December.
Mining sector in Vietnam records just US$10K in January FDI
In January, Vietnam’s mining sector registered a total of US$10,000 in new foreign direct investment (FDI), according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$1 million compared to December, which saw US$1 million in new registered capital.
Vietnam’s imports of ores and other mineral products fall 14.15 percent in January
Vietnam’s imports of ores and other mineral products decreased by 14.15 percent month-on-month in January, reaching US$200.89 million, according to Vietnam’s General Department of Customs. This follows a decline from US$234.00 million recorded in December.
Vietnam’s exports of precious stones and metals drop by 8.67 percent in January
Vietnam’s exports of precious stones and metals declined by 8.67 percent month-on-month in January, reaching US$43.81 million, according to Vietnam’s General Department of Customs.
Vietnam’s crude oil exports nearly double in January
Vietnam’s crude oil exports surged by 99.40 percent month-on-month in January, reaching US$228.75 million, according to Vietnam’s General Department of Customs.
Vietnam’s refined petroleum production rises in January but lags behind year-on-year levels
Vietnam’s refined petroleum production increased by 165.2 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. This was an improvement from December 2024, when output was 154.8 percent above 2019 levels.
Clean coal output in Vietnam declines by 4.06 percent in January
Vietnam’s clean coal production is estimated at 3.22 million tons in January, reflecting a 4.06 percent decline from 3.36 million tons in December, according to the General Office of Statistics.
Extractive industry in Vietnam continues to decline in January
Vietnam’s extractive industry output contracted by 32.9 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. The sector also saw a 28.4 percent decline from 2019 levels in December, indicating a continued downward trend.
Vietnam’s iron ore mining shows sharp decline in December 2024
Year-on-year, the sector experienced robust growth of 23.5 percent in December 2024 compared to December 2023. However, for the entire year of 2024, iron ore mining recorded an 11.2 percent decline compared to 2023, indicating significant challenges over the longer term.
Vietnam’s imports of ores and other mineral products rise by 5.87 percent in December
Australia remained the largest supplier, contributing US$88.85 million, though this marked a slight decrease of 1.66 percent month-on-month. Brazil followed with US$58.17 million, a marginal increase of 0.59 percent. Imports from China surged by 28.27 percent to US$10.73 million.
Vietnam’s natural gas extraction rises in December but struggles year-on-year
Year-on-year, the sector saw a significant decline of 12.5 percent in December 2024 compared to December 2023. For the entirety of 2024, natural gas production dropped by 15.4 percent compared to 2023, reflecting persistent challenges.
Vietnam’s coal production estimated to reach 43.75 million tons in 2024
In November 2024, the country produced 3.72 million tons of clean coal, reflecting a solid performance despite the slight dip in December.
Vietnam’s precious stones, precious metals, and articles thereof exports decline by 23.94 percent in December
Vietnam’s exports of precious stones, precious metals, and articles thereof total US$634.46 million for 2024.
In today’s Vietnam news: Vietnam Airlines trading restrictions removed, Insurance payouts VSS, Car sales June, 23+ years prison term recommended counterfeit supplements, Counterfeit shoes
In today’s Vietnam news: Government to inject cash into Agribank, IMF growth forecast raised, German industrial gas plant investment, VN garment maker Amazon legal
In today’s Vietnam news: Construction labour demand impacting garment industry, ADB growth forecasts, Bloomberg survey GDP growth expectations, Starlink orders open, Seafood industry call
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