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.

 

Can South Korea’s Chaebol Development Model Work for Vietnam?

The South Korean chaebols are constantly referenced as a model to be emulated in Vietnam. However, whereas at first glance South Korea’s economic development on the back of its chaebols looks to be a success story, that doesn’t really tell the whole story. With this in mind, this article looks at how the chaebols system worked and didn’t work and whether this is a model Vietnam should be looking to follow.

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Vietnam’s milk imports rise 17.70 percent in February 2025

Vietnam’s imports of milk and milk products increased by 17.70 percent month-on-month in February, reaching US$122.36 million, according to Vietnam’s General Department of Customs. This follows January’s total of US$103.95 million, bringing year-to-date imports to US$226.27 million.

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Priority Customs Treatment in Vietnam for Foreign Firms

Earlier this month, the Dong Nai Department of Customs issued a decision suspending priority customs treatment for Panasonic. The decision does not specify exactly what the well known Japanese brand failed to do, only citing Article 45 of the Customs Law. The company has been suspended for 60 days from accessing priority customs treatment.

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Oceania tourist arrivals in Vietnam decline sharply in February

Vietnam recorded 41,464 tourist arrivals from Oceania in February, accounting for 2.2 percent of total international visitors, according to Vietnam’s General Department of Tourism. This marks a significant 42.6 percent decline from January, though the year-to-date total reached 113,707 visitors, making up 2.9 percent of overall arrivals.

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Vietnam’s machinery imports fall 5.05 percent in February 2025

Vietnam’s imports of machinery, equipment, tools, and instruments declined by 5.05 percent month-on-month in February, amounting to US$3.79 billion, according to Vietnam’s General Department of Customs. This follows January’s total of US$3.99 billion, bringing year-to-date imports to US$7.79 billion.

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Food and beverage service costs in Vietnam rise in February: CPI data

Food and beverage service costs in Vietnam increased by 0.43 percent in January, contributing 0.14 percentage points to the Vietnam’s Consumer Price Index. The rise was driven by higher prices for prepared food and dining services, while raw food prices declined, according a press release from the General Office of Statistics (GSO).

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Vietnam’s LPG imports plunge 59.28 percent in February 2025

Vietnam’s liquefied petroleum gas (LPG) imports saw a sharp decline of 59.28 percent month-on-month in February, totaling US$63.51 million, according to Vietnam’s General Department of Customs. This marks a significant drop from the US$155.97 million recorded in January, bringing year-to-date imports to US$220.04 million.

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