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 imports of motor vehicle parts rose nearly 17 percent in March
Vietnam imported US$480.83 million worth of parts and accessories of motor vehicles in March, up 16.78 percent from February, according to Vietnam’s General Department of Customs. The year-to-date import value stood at US$1.27 billion.
Vietnam’s rolled steel output down 1.8 percent year-on-year in Q1
Vietnam’s rolled steel production reached 1,136,300 tons in March, up from 1,065,100 tons in February, but 3 percent lower than the same month last year. Total output for the first quarter stood at 3,340,700 tons, reflecting a 1.8 percent year-on-year decline, according to data from the General Statistics Office.
Dairy: TH Group to invest US$234 million in southern Vietnam factory expansion
Vietnamese dairy giant TH true MILK plans to build a US$234 million (VND6.07 trillion) factory in Binh Duong province to produce milk, yoghurt, ice cream, and non-alcoholic beverages, with phased development through 2037, English language news site, The Investor is reporting.
Automotive: Vietnam’s luxury car market reaches US$1.9 billion, slow growth projected through 2033
Vietnam’s luxury car market reached a valuation of US$1.9 billion in 2024 and is projected to grow modestly to US$2.1 billion by 2033, according to a new report by IMARC Group. Rising affluence, urban expansion, and social status-driven purchases are supporting demand, though the compound annual growth rate (CAGR) is expected to remain low at 1.15 percent.
Tourism & Hospitality: Dusit Hotels and Resorts set to make Vietnam capital debut
Thai hospitality group Dusit Hotels and Resorts will open Dusit Le Palais Tu Hoa Hanoi on May 9, 2025, marking its firs foray into the capital with a 207-room luxury property overlooking West Lake, Hospitality Net has reported.
Consumer goods: Vietnam’s online premium cosmetics market to triple by 2033
Vietnam’s online premium cosmetics market is set to surge from US$265.15 million in 2024 to over US$643.86 million by 2033, driven by Gen Z consumers, tech innovation, and eco-conscious spending, according to a report from Astute Analytica
Energy: Vietnam PM pushes for US$6 billion gas deal with US to stabilise trade
Vietnam’s Prime Minister has ordered urgent negotiations to finalise a US$6 billion methanol gas import agreement with the United States, framing it as a cornerstone of efforts to balance trade and defuse tariff tensions. The PM has said he expects a deal to be finalised in May, according to Cafe F.
Marx to the Market: A Brief History of Vietnam’s Post-Reunification Economic Development
Fifty years ago this month, the citizens of Ho Chi Minh City were watching the skies as US military helicopters evacuated the last of their personnel. Conversely, this month, in 2025, the citizens of Ho Chi Minh City looking skyward are unlikely to see US helicopters and instead more likely to see the VN Pay logo made up of tens of hundreds of drones. An advertisement for a banking and finance app to be sure, this is also largely emblematic of just how far Vietnam’s economic ideology has shifted in the last 50 years.
Vietnam’s petroleum product exports surge 65.74 percent in March
Vietnam exported petroleum products worth US$117.75 million in March, a 65.74 percent increase from February, according to data from Vietnam’s General Department of Customs.
Telecom prices edge up slightly in March despite drop in smartphone and tablet costs
The consumer price index (CPI) for the postal and telecommunications group rose 0.02% in March 2025, as minor increases in phone equipment and repair services were mostly offset by lower prices for smart devices and accessories, according to data from the General Statistics Office.
Vietnam’s bamboo and rattan exports rise by 39.20 percent in March
Vietnam’s bamboo and rattan exports surged by 39.20 percent in March compared to February, reaching US$78.44 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s paper imports rose nearly 17 percent in March
Vietnam imported US$217.13 million worth of paper in March, a 16.95 percent increase from February, according to Vietnam’s General Department of Customs. The total import value for the first three months of the year reached US$557.21 million.
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.
Vietnam’s pepper exports jump 44.57 percent in March
Vietnam’s pepper exports rose 44.57 percent month-on-month in March, reaching US$140.48 million, according to data from Vietnam’s General Department of Customs.
Transport costs fall sharply in March on lower fuel prices and post-holiday demand drop
Vietnam’s transport consumer price index (CPI) fell by 1.41% in March 2025, contributing significantly to the overall decline in inflation. The drop was led by falling fuel prices and lower public transport demand following the Lunar New Year, according to data from the General Statistics Office.
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).
Tax: Hanoi presser hears Vietnam’s sugary drink tax plan falls short of WHO recommendations
Vietnam plans to introduce a new excise tax on sugary drinks starting at 8 percent, but health officials and WHO experts have told a press conference in Hanoi a much higher rate is needed to curb rising obesity and non-communicable diseases, as reported in by Dan Tri.
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.
Vietnam’s animal fodder exports increase by 30.93 percent in March 2025
Vietnam’s animal fodder exports rose by 30.93 percent in March compared to February, reaching US$110.04 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s ore and mineral imports jumped nearly 30 percent in March
Vietnam imported US$308 million worth of ores and other mineral products in March, a 29.97 percent increase from February, according to Vietnam’s General Department of Customs. This brought the year-to-date total to US$747.04 million.
In today’s news: Japan credit agency upgrades VN, Police investigate social media posts about Novaland, Property developers turn to bonds as bank lending slows,
In today’s news: VinFast derivatives issue, JICA lending forecasts, Fuel pricing reform monitoring, Fuel price forecasts, Bank foreign capital raising, Russia looking to wet
In today’s news: Abandoned property tax proposed, Novaland rejects bankruptcy rumours, Vietnamese trade delegation visits Iran, US duties Vietnamese air compressors, EVF plans US$300
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