vietnam

The Vietnam category covers economic developments, investment trends, and policy updates specific to the country. It explores market opportunities, trade relations, industry growth, and government initiatives, providing insights into Vietnam’s role in global supply chains, emerging sectors, and foreign business expansion.

 

Vietnam’s crude steel output slips 0.1 percent year-on-year in Q1

Vietnam’s crude steel production reached 1,705,300 tons in March, up from 1,618,400 tons in February, marking a 1.0 percent increase compared to March 2024. However, total output for the first quarter stood at 4,928,200 tons, reflecting a slight 0.1 percent decline year-on-year, according to data from the General Statistics Office.

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Electricity: Vietnam releases generation price framework for solar power

Vietnam’s Ministry of Industry and Trade has officially announced its electricity generation price framework. The Decision, effective upon signing, establishes maximum electricity generation prices (excluding VAT) for both solar power plants without and with battery storage systems, differentiated by region (North, Central, and South).

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US tariffs: insights from US-based Vietnam Trade Counselor

The US will prioritize negotiations with several countries, including Vietnam, India, the UK, Japan, South Korea, and Indonesia in tariff talks, Do Ngoc Hung, Trade Counselor at the Vietnam Trade Office in the US has told a conference, as reported by Cafe F. This comes as the end of a 90-day pause on a 46 percent import tariff on Vietnamese goods draws uncomfortably nearer.

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Vietnam’s cement output up 4.0 percent year-on-year in Q1

Vietnam’s cement production reached 14.4 million tons in March, up from 11.1 million tons in February, showing a 1.5 percent increase compared to March 2024. Total output for the first quarter stood at 36.9 million tons, up 4.0 percent year-on-year, according to data from the General Statistics Office.

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Banking: BIDV flags risk to US$11.6 billion credit portfolio from US tariffs

At its 2025 annual general meeting, BIDV Chairman Phan Duc Tu warned that US “reciprocal” tariffs could affect around VND 300 trillion (US$11.58 billion) of the bank’s outstanding loans, representing 15 percent of its total credit balance. Industries most at risk include steel, plastics, seafood, textiles, and electronics, Cafe F is reporting. 

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