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 leather footwear output up 9.1 percent year-on-year in Q1
Vietnam’s production of leather shoes and sandals reached 28.4 million pairs in March, up from 26.6 million pairs in February, marking an 8.9 percent increase compared to March 2024. Total output for the first quarter stood at 80.9 million pairs, up 9.1 percent year-on-year, according to data from the General Statistics Office.
Vietnam Industry Guide 2025: Manufacturing, Tech, Footwear & More
Vietnam’s economy has experienced rapid growth over recent decades, driven by a diverse range of key industries that contribute significantly to the nation’s GDP. These industries have been pivotal in transforming Vietnam from a primarily agrarian society into one of the fastest-growing economies in Southeast Asia.
Vietnam’s paper exports rise by 17.13 percent in March
Vietnam’s exports of paper and paper products rose 17.13 percent in March compared to February, reaching US$182.03 million, according to data from Vietnam’s General Department of Customs.
Household appliance prices rise modestly in March, led by washing machines and air conditioners
The consumer price index (CPI) for household equipment and appliances rose by 0.13% in March 2025 compared to the previous month, reflecting slight increases across both essential electronics and home goods, according to data from the General Statistics Office.
Vietnam’s casual clothing output up 14.3 percent year-on-year in Q1
Vietnam’s casual clothing production reached 492.8 million pieces in March, up from 441.0 million pieces in February, reflecting a 15.9 percent increase compared to March 2024. Total output for the first quarter stood at 1.39 billion pieces, up 14.3 percent year-on-year, according to data from the General Statistics Office.
Vietnam’s plastics imports rose 3 percent in March
Vietnam imported US$1.09 billion worth of plastics in March, up 3.01 percent from February, according to Vietnam’s General Department of Customs. Total year-to-date imports reached US$3.02 billion.
Vietnam’s milk imports fall 6.6 percent in March
Vietnam imported US$114.23 million worth of milk and milk products in March, down 6.64 percent from February, according to Vietnam’s General Department of Customs. This brought the total value for the first quarter to US$340.44 million.
Vietnam’s mineral exports fall 81 percent in March
Vietnam’s exports of ores and other mineral products fell sharply by 80.98 percent in March compared to February, totalling just US$5.73 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s housing and construction costs rise in March amid strong rental demand
The consumer price index (CPI) for housing, electricity, water, fuel, and construction materials rose by 0.5 percent in March 2025, contributing 0.09 percentage points to overall CPI growth. The increase was largely driven by higher rents and input material costs, while declines in utility and fuel prices provided some offset, according to data from the General Statistics Office.
Beer: Vietnam’s Sabeco to double down on local market amid tariff risks
Sabeco will focus its strategy on the domestic Vietnamese market rather than export markets, CEO Lester Tan Teck Chuan told shareholders at the company’s 2025 annual general meeting. Exports currently account for just 1 percent of Sabeco’s revenue, and rising global risks, including potential U.S. reciprocal tariffs on aluminum, have reinforced the brewer’s domestic focus, English news site The Investor is reporting.
Cosmetics: Vietnam market set to reach US$2.8 billion by 2033: Report
Vietnam’s cosmetics market is undergoing a rapid transformation, with the market size projected to grow from US$1.7 billion in 2024 to US$2.8 billion by 2033, according to IMARC Group. The industry is expected to record a compound annual growth rate (CAGR) of 5.3% during 2025-2033.
Bestway International launches US$300 million factory in Vietnam’s Can Tho City
Chinese group Bestway International has officially launched a US$300 million investment project in Can Tho city, marking a major boost for large-scale foreign investment in the Mekong Delta region, Vietnam’s English language news site, Vietnam Plus is reporting.
Vietnam’s beer output dips 0.7 percent year-on-year in Q1
Vietnam’s beer production reached 349.2 million litres in March, up from 280.0 million litres in February. Total output for the first quarter stood at 970.4 million litres, reflecting a modest 2.0 percent increase compared to March 2024 but a 0.7 percent decline year-on-year, according to data from the General Statistics Office.
Vietnam’s pharmaceutical product imports slipped 4.25 percent in March
Vietnam imported US$345.38 million worth of pharmaceutical products in March, down 4.25 percent from February, according to Vietnam’s General Department of Customs. Total year-to-date imports reached US$958.42 million.
Vietnam’s machinery imports rose nearly 28 percent in March
Vietnam imported US$4.85 billion worth of machinery, equipment, tools and instruments in March, up 27.88 percent from February, according to Vietnam’s General Department of Customs. This brought the total year-to-date value to US$12.64 billion.
Trade: Vietnamese exporters warn of collapse if US tariffs return: “We could not survive”
Two Vietnamese entrepreneurs, whose firms depend almost entirely on exports to the United States, have voiced grave concern about the impact of the proposed 46 percent US tariff. Speaking to BBC News, SHDC Electronics founder Le Song Hao and KPY Interior CEO Hoang Thi Nhu Yen said their businesses are already under pressure and may not survive if punitive tariffs are reinstated after the current 90-day suspension.
Automotive: VinFast shifts focus to Asia amid widening losses
Vietnamese electric vehicle (EV) maker VinFast reported a US$1.26 billion loss in Q4 2024, an 81 percent increase year-on-year. The company will deprioritise North America and Europe, turning instead to Asia, including India, Indonesia, the Philippines, and Vietnam, Bloomberg has reported.
Garments and textiles: H&M-backed Syre to invest US$1 billion in Vietnam
Garment manufacturing in Vietnam is set to receive a significant boost with Syre Group—a subsidiary of H&M Group and Vargas—announcing a US$1 billion investment in building a high-tech polyester recycling complex in Binh Dinh province. The project aims to turn Vietnam into the first global hub for fabric recycling using renewable energy and advanced EU–US standards, VN Express is reporting.
Vietnam foreign exchange market to reach US$7.9 billion by 2033: Report
Vietnam’s foreign exchange market reached US$3.4 billion in 2024 and is forecast to more than double to US$7.9 billion by 2033, with an expected compound annual growth rate (CAGR) of 9.61 percent during 2025–2033. The sector is expanding on the back of robust exports, foreign direct investment, and growing financial market sophistication, according to a report from IMARC Group.
Vietnam toys market to hit US$1 billion by 2033, driven by education, sustainability: Report
The Vietnam toys market reached US$570 million in 2024 and is forecast to grow to US$1 billion by 2033, posting a CAGR of 5.6%. The surge is underpinned by rising disposable income, a youthful demographic, and increasing interest in educational, interactive, and sustainable toys.
In today’s Vietnam news: HCMC remittances down H1, National stadium renovations progress, “Number 1” advertising claim fine, Margin loan increase and foreign investor exit,
In today’s Vietnam news: Biofuel market growth , Viettel-Qualcom agreement, VN cosmetics retailer enters US, ADD margins plywood lowered, Stadium for Hai Phong?, My
In today’s Vietnam news: Calls for end compulsory motorbike insurance, Automotive tech-transfer list update requested, Average interest rates 11 percent, Diamond retailers closing, SCB
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