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 battery manufacturing sector achieves robust growth in 2024
Year-on-year, the sector saw a significant growth of 17.7 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 13.7 percent compared to 2023, highlighting strong and consistent performance across the industry.
Indian tourist arrivals to Vietnam grow by 9.10 percent in December
ndian tourists are increasingly recognising Vietnam as a popular travel destination, drawn by its rich cultural heritage, diverse landscapes, and growing connectivity. Key attractions for Indian visitors include Hanoi’s Old Quarter, Ho Chi Minh City’s bustling markets, and UNESCO World Heritage Sites like Hoi An and Halong Bay.
British Virgin Islands sees decline in foreign direct investment in Vietnam in December
In 2024, the British Virgin Islands accounted for 17 new projects with US$586.27 million in newly registered capital…
Vietnam’s fruit and vegetable processing shows strong annual growth in 2024
Year-on-year, the sector expanded by 11.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached an impressive 15.9 percent compared to 2023, reflecting substantial progress in this vital industry.
Vietnam’s petroleum products exports rise by 17.19 percent in December
Vietnam’s petroleum products exports total US$1.93 billion for 2024…
Dutch tourist arrivals to Vietnam decline by 21.64 percent in December despite steady annual growth
Dutch travellers are attracted to Vietnam’s cultural heritage and natural beauty. Popular destinations include Hanoi, Hoi An, and Ho Chi Minh City, offering a mix of historical landmarks, bustling markets, and vibrant street food scenes. Natural wonders like Halong Bay and the beaches of Da Nang and Phu Quoc also appeal to leisure-seeking Dutch tourists.
Vietnam’s imports of pastry, sweets, and cereal products increase by 3.63 percent in December
China remained the largest supplier, contributing US$23.39 million in December, a 14.80 percent increase from November. The USA posted the most significant growth, with imports surging by 296.22 percent to US$4.12 million. Thailand and South Korea also recorded increases of 13.42 percent and 9.32 percent, respectively.
Vietnam’s motor vehicle imports decline by 19.24 percent in December
Indonesia remained the top supplier, contributing US$82.14 million in December despite a 25.60 percent decline month-on-month. Thailand and China followed, exporting US$67.43 million and US$86.80 million, with respective drops of 41.59 percent and 4.94 percent.
Vietnam’s energy sector sees rise in foreign direct investment in December
In 2024, the sector attracted a total of 4 new projects with US$1.42 billion in newly registered capital…
Russian tourist arrivals to Vietnam grow by 9.82 percent in December
Russian tourists are primarily drawn to Vietnam’s beach destinations such as Nha Trang, Phu Quoc, and Mui Ne, which are renowned for their tropical climate, luxury resorts, and family-friendly activities.
Vietnam’s gasoline and oil production estimated to reach 17.13 million tons in 2024
In November 2024, the country produced 1.30 million tons of gasoline and oil, maintaining a steady output despite slight fluctuations in December.
UAE sees decline in foreign direct investment into Vietnam in December
In 2024, the UAE invested in 7 new projects with US$4.34 million in newly registered capital.
Vietnam’s administrative operations and support services FDI jumps in December
In 2024, the sector attracted a total of 69 new projects with US$160,370 in newly registered capital…
Vietnam’s pepper exports decline by 8.79 percent in December
Vietnam’s pepper exports total US$1.31 billion for 2024…
Indonesia sees decline in foreign direct investment in Vietnam in December
In 2024, Indonesia invested in 19 new projects in Vietnam with US$27.20 million in newly registered capital…
Vietnam’s imports of precious stones and metals rise by 2.93 percent in December
Hong Kong was a key supplier, with imports rising by 30.83 percent to US$15.38 million. Thailand and Switzerland showed significant growth, with increases of 86.49 percent and 169.42 percent, respectively. Imports from China also saw a notable rise of 25.30 percent.
Vietnam’s pharmaceutical product imports surge by 68.56 percent in December
The USA led the surge, with imports skyrocketing by 331.62 percent to US$101.02 million. India and South Korea also showed significant growth, with imports increasing by 85.26 percent and 139.22 percent, respectively. Belgium recorded an impressive 92.25 percent growth, contributing US$28.03 million in December.
Vietnam’s paints and coatings production shows strong annual growth in 2024
Year-on-year, the sector posted a remarkable growth of 15.0 percent in December 2024 compared to December 2023. For the full year, cumulative growth reached 7.9 percent in 2024 compared to 2023, reflecting solid annual performance in this industry.
Thai tourist arrivals to Vietnam grow by 8.66 percent in December despite year-on-year decline
Thai tourists are typically drawn to Vietnam’s urban destinations like Ho Chi Minh City and Hanoi, known for their bustling markets, street food, and cultural attractions. Popular leisure spots such as Da Nang and Phu Quoc also remain favourites for Thai visitors seeking short beach getaways.
Norwegian tourist arrivals to Vietnam grow by 37.40 percent in December
Many Norwegian visitors enjoy eco-tourism activities, including trekking in Sapa, exploring the Mekong Delta, and rural homestays. They also value culinary experiences, particularly Vietnam’s street food and fresh seafood. Norwegian tourists often plan longer trips to maximise their time exploring multiple regions.
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