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.

 

Trump Organization CEO meets with Vietnam PM

Prime Minister of Vietnam Pham Minh Chinh has met with Charles Bowman, General Director of Projects for the Trump Organization in Vietnam, to discuss a proposed US$1.5 billion luxury urban, eco-tourism, and golf complex in Hung Yen province.

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Vietnam industry group continues push for delay to tax increase on booze, sugary drinks

The Vietnam Chamber of Commerce and Industry (VCCI) , a leading industry group in Vietnam, has held another in a series of conferences on proposed amendments to Vietnam’s Special Consumption Tax, VN Express has reported. The proposed amendment would see tax rates on beer and alcohol rise from 65 percent to 100 percent over five years and a 10 percent tax on sugary soft drinks.

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Vietnam’s aluminum production increases by 5.2% in February 2025

Vietnam’s aluminum production has seen a positive growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 0.129 million tons of aluminum in January 2025. In February, this figure decreased slightly to 0.121 million tons.

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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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