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.
Manufacturing and processing industry in Vietnam records US$3.09 billion in new FDI, January
In January, Vietnam’s manufacturing and processing industry saw a total registered capital of US$3.09 billion in new foreign direct investment (FDI), according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$2.29 billion in registered capital compared to December, which saw US$5.38 billion flow into the sector.
Vietnam’s imports of fishery products rise by 26.90 percent in December
India led the growth, with imports surging 70.44 percent to US$49.29 million. Norway and Indonesia followed, recording increases of 42.14 percent and 38.45 percent, respectively. South Korea also showed strong growth, with imports rising by 41.30 percent to US$10.49 million. Imports from the USA grew by 33.13 percent to US$7.03 million.
Vietnam’s Bac Ninh province sees significant FDI growth in 2024
The rise in FDI in Bac Ninh reflects the province’s growing prominence as a key investment destination within Vietnam. The surge is largely driven by its strong manufacturing sector, particularly in electronics and high-tech industries.
Vietnam’s coffee exports rise by 95.36 percent in December
Vietnam’s exports of coffee total US$5.62 billion for 2024, reflecting strong demand in key markets…
Vietnam’s tourist arrivals rise by 18.5 percent in January, driven by Asian visitors
Vietnam welcomed 2,070,466 international tourists in January, marking an 18.5 percent increase from December 2024, according to Vietnam’s General Department of Tourism. Compared to January 2024, arrivals surged by 36.9 percent, reflecting continued post-pandemic recovery and increased travel demand.
Vietnam’s fertiliser production grows in 2024 despite December decline
Year-on-year, the sector decreased by 2.8 percent in December 2024 compared to December 2023. However, cumulative production for the full year of 2024 rose by 10.6 percent compared to 2023, highlighting robust annual growth despite the year-end dip.
Vietnam News Roundup: January 31 to February 6
This week’s Vietnam news roundup covers the latest State Bank open market operations, the forthcoming end to free registration of EVs, the oversupply of cement, FDI figures, and more…
Apple App Store now requires games to be registered in Vietnam
Apple has told game developers they must now be registered with Vietnam’s Ministry of Information and Communication for their games to be accessible in Vietnam through its App Store, according to a press release from the US firm. The press release links to an MIC website that details the requirements for registering to provide gaming services including establishing a local entity, creating a local website, and using at least one local server.
Turkey sees decline in foreign direct investment in Vietnam in December
In 2024, Turkey invested in 7 new projects with US$763.47 million in newly registered capital.
Vietnam’s animal feed production estimated to reach 15.32 million tons in 2024
In November 2024, the country produced 1.35 million tons of animal feed, demonstrating stable production levels despite a slight increase in December.
Vietnam’s coal exports rise by 65.24 percent in December
Vietnam’s exports of coal total US$161.13 million for 2024…
Vietnam’s tea exports decline by 4.23 percent in December
Vietnam’s tea exports total US$256.41 million for 2024, reflecting a relatively stable export performance despite the month-on-month decline.
Vietnam’s Hai Phong province sees strong FDI growth in 2024
The substantial growth in FDI in December highlights Hai Phong’s rising prominence as a key investment hub in northern Vietnam. The city’s favourable location, robust infrastructure, and growing industrial sector continue to attract foreign investors, particularly in industries such as manufacturing, logistics, and real estate development.
Philippines sees strong growth in foreign direct investment in Vietnam in December
In 2024, the Philippines invested in 4 new projects with US$20.41 million in newly registered capital…
Vietnam’s yarn imports increase by 1.77 percent in December
China remained the largest supplier, contributing US$162.48 million, a 5.28 percent increase from November. India and South Korea also posted growth, with imports rising by 7.47 percent and 14.35 percent, respectively. Bangladesh showed the highest growth rate, with imports increasing by 24.84 percent to US$302,536.
Lao tourist arrivals to Vietnam more than double in December
Cultural and religious landmarks, such as pagodas and temples, remain key interests for Lao visitors. Many also visit Vietnam for business purposes or family vacations, benefiting from the proximity and affordability of travel between the two countries.
Vietnam’s leather and related products sector posts strong growth in 2024
Year-on-year, the sector saw a significant expansion of 23.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 13.7 percent compared to 2023, highlighting a robust performance in this critical industry.
Vietnam’s casual clothes production estimated to reach 7.42 billion pieces in 2024
In November 2024, the country produced 663.6 million pieces of casual clothes, showing solid output despite a slight increase in December.
Vietnam’s exports of clinker and cement rise by 4.02 percent in December
Vietnam’s exports of clinker and cement total US$1.14 billion for 2024, reflecting strong demand in several key markets.
Vietnam FDI Source Country Tracker: January Update [data set]
China was the leading foreign direct investor in Vietnam in terms of the number of projects initiated in December with 85 new projects. South Korea, however, was the biggest investor in terms of registered Capital adding US$1.25 billion in capital, according to data from the Ministry of Planning and Investment. Notably there was a significant drop across the board in terms of new projects and capital, however, the last week of January was the Lunar New Year break with government offices closed for five days.
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
In today’s Vietnam news: Plan to limit ownership term housing abandoned, Secondary apartment prices Hanoi falling, ADB pushes higher productivity growth, VND forecast relative
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