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 culture, entertainment and tourism costs increase in 2024
For the full year 2024, costs were up by 1.97 percent compared to 2023, reflecting growing demand for leisure activities and tourism services as the country continues its post-pandemic recovery.
Singaporean tourist arrivals to Vietnam surge by 30.07 percent in December
Singaporean tourists are primarily attracted to Vietnam’s vibrant urban centres, such as Ho Chi Minh City and Hanoi, known for their cultural landmarks, bustling markets, and diverse dining options.
Vietnam’s pastry, sweets, and cereals products exports decline by 0.91 percent in December
Vietnam’s exports of pastry, sweets, and cereals products total US$1.23 billion for 2024…
Vietnam’s imports of insecticides and rodenticides surge by 29.34 percent in December
China was the dominant supplier, accounting for US$52.52 million in December, an increase of 47.95 percent compared to the previous month. Imports from South Korea and Thailand showed exceptional growth, rising by 94.34 percent and 83.40 percent, respectively. The UK also posted an impressive increase of 103.84 percent to US$2.76 million.
Vietnam’s crude oil extraction estimated to reach 8.1 million tons in 2024
In November 2024, the country produced 652,800 tons of crude oil, which is a strong showing despite a slight dip in December.
Vietnam’s imports of parts and accessories for motor vehicles up 1 percent in December
China led the imports with US$170.04 million, registering a significant 17.07 percent growth month-on-month. Thailand and Indonesia also recorded notable increases, with imports rising by 14.14 percent and 21.22 percent, respectively. Imports from Germany grew by 21.80 percent, reaching US$3.03 million.
Vietnam’s medical equipment production sees strong growth in 2024
Year-on-year, the sector recorded robust growth of 16.5 percent in December 2024 compared to December 2023. Over the full year, cumulative growth stood at 9.2 percent in 2024 compared to 2023, reflecting consistent expansion throughout the year.
Vietnam’s support services for oil and gas exploitation see strong December growth
Year-on-year, the sector recorded a significant growth of 25.5 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth stood at 10.0 percent compared to 2023, highlighting the steady expansion of these essential services.
New Zealand tourist arrivals to Vietnam grow by 2.79 percent in December
New Zealand tourists often prefer longer trips, allowing time to explore multiple regions. Activities like trekking in Sapa, visiting the Mekong Delta, and enjoying Vietnam’s unique cuisine are among the most popular. The growing interest in eco-tourism and off-the-beaten-path destinations also aligns with New Zealanders’ travel preferences.
Vietnam’s paper and paper products exports rise by 4.56 percent in December
Vietnam’s paper and paper products exports total US$2.1 billion for 2024.
Singapore jump in foreign direct investment in Vietnam in December
In 2024, Singapore invested in 462 new projects with US$10.21 billion in newly registered capital…
Vietnam’s fiber production shows strong annual growth
Year-on-year, the sector grew by 12.4 percent in December 2024 compared to the same month in 2023. For the full year of 2024, cumulative growth was recorded at 12.8 percent compared to 2023, reflecting strong performance throughout the year.
Vietnam’s imports of rubber products rise by 3.16 percent in December
China was the largest supplier, contributing US$51.37 million, a modest 1.14 percent increase from November. Imports from Thailand and South Korea rose by 11.18 percent and 8.03 percent, respectively. India experienced the largest month-on-month growth, surging by 48.18 percent to US$2.38 million.
Vietnam’s leather shoes and sandals production estimated to reach 367.3 million pairs in 2024
In November 2024, the country produced 34.2 million pairs of leather shoes and sandals, maintaining strong output despite a slight decrease in December.
Vietnam’s animal fodder imports rise by 8.66 percent in December
Argentina remained the largest supplier, exporting US$189.39 million, though this marked a 16.80 percent decrease month-on-month. In contrast, imports from the USA surged by 53.54 percent to US$129.18 million. Brazil recorded the highest growth rate, with imports skyrocketing 657.41 percent to US$22.25 million.
Vietnam’s Quang Ninh province records fall in FDI growth in 2024
This surge in FDI underscores Quang Ninh’s growing attractiveness as an investment destination, driven by its strategic location, natural resources, and strong economic policies.
African tourism to Vietnam dips in December but maintains strong annual growth
Despite a dip in December, the year-to-date figures reached 50,906 in 2024, representing a remarkable year-on-year growth of 69.1 percent.
Vietnam’s plastic and synthetic rubber production rises in 2024
Year-on-year, the sector declined by 12.7 percent in December 2024 compared to December 2023. Despite this, cumulative production for the full year of 2024 surged by 17.9 percent compared to 2023, reflecting strong annual growth in this industry.
Vietnam’s consumer electronics production sees robust growth in 2024
Year-on-year, the sector posted a strong growth of 16.1 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 10.8 percent compared to 2023, underscoring the sector’s robust performance.
Vietnam’s ores and other minerals products exports rise by 90.76 percent in December
Vietnam’s ores and other minerals products exports total US$215.74 million for 2024.
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