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 iron ore mining shows sharp decline in December 2024
Year-on-year, the sector experienced robust growth of 23.5 percent in December 2024 compared to December 2023. However, for the entire year of 2024, iron ore mining recorded an 11.2 percent decline compared to 2023, indicating significant challenges over the longer term.
Vietnam’s chemical exports decrease by 12.82 percent in December
Vietnam’s exports of chemicals total US$2.77 billion for 2024, reflecting a strong performance despite the month-on-month decline.
Vietnam’s rubber products exports rise by 5.92 percent in December
Vietnam’s rubber products exports total US$1.23 billion for 2024…
Denmark sees significant growth in foreign direct investment in Vietnam in December
In 2024, Denmark invested in 10 new projects with US$62.80 million in newly registered capital.
Vietnam’s imports of ores and other mineral products rise by 5.87 percent in December
Australia remained the largest supplier, contributing US$88.85 million, though this marked a slight decrease of 1.66 percent month-on-month. Brazil followed with US$58.17 million, a marginal increase of 0.59 percent. Imports from China surged by 28.27 percent to US$10.73 million.
Is Vietnam the Next Asian Tiger Economy?
This article looks at what the Asian Tigers were before 1997, what happened in 1997 when the AFC hit, and then what that might say about Vietnam’s current economic development trajectory.
Vietnam’s Nghe An province experiences steady FDI growth in 2024
This continued growth in FDI indicates Nghe An’s growing reputation as an attractive destination for foreign investment, particularly in industries such as manufacturing and renewable energy.
Taiwanese tourist arrivals to Vietnam decline slightly in December but maintain strong YoY growth
Taiwanese visitors continue to play an important role in Vietnam’s tourism sector, with key destinations like Hanoi, Ho Chi Minh City, and Da Nang being particularly popular. These cities are valued for their cultural attractions, vibrant street food scenes, and convenient direct flight connections.
Vietnam’s natural gas extraction rises in December but struggles year-on-year
Year-on-year, the sector saw a significant decline of 12.5 percent in December 2024 compared to December 2023. For the entirety of 2024, natural gas production dropped by 15.4 percent compared to 2023, reflecting persistent challenges.
Vietnam’s cement production estimated to reach 184.2 million tons in 2024
In November 2024, the country produced 17.1 million tons of cement, showing consistent output despite a slight increase in December.
Vietnam’s exports of chemical products rise by 4.82 percent in December
Vietnam’s exports of chemical products total US$2.71 billion for 2024, reflecting a strong performance in the sector.
Vietnam’s rubber exports rise by 2.58 percent in December
Vietnam’s rubber exports total US$3.42 billion for 2024.
US steps back from lead role in Indonesia’s JETP, Vietnam too?
The United States has announced that it will take a step back from its role as a lead partner in Indonesia’s Just Energy Partnership Agreement (JETP), the Jakarta Post has reported. Germany is set to take over the role with JETP Secretariat head Paul Butarbutar telling the publication this would
Vietnam’s cotton imports increase slightly by 0.60 percent in December
Brazil remained the largest supplier, with imports increasing by 5.79 percent to US$114.24 million. The USA followed with a significant 21.24 percent rise, reaching US$28.66 million. Ivory Coast showed remarkable growth, with imports surging by 249.83 percent to US$2.37 million.
Vietnam’s Bac Giang province sees fall in FDI growth in 2024
The continued growth in FDI underscores Bac Giang’s attractiveness as a key destination for foreign investors, especially in sectors such as electronics and textiles…
Vietnam Purchasing Managers’ Index down January over December
The S&P Global Vietnam Manufacturing Purchasing Managers’ Index recorded a fall in January over December, from 49.8 points to 48.9 points, according to a press release from the firm. Notably the last week of January was the Lunar New Year break which typically sees production fall in which case this drop should not be particularly concerning.
Australia sees decline in foreign direct investment in Vietnam in December
In 2024, Australia invested in 49 new projects with US$43.31 million in newly registered capital…
Vietnam transportation prices fall in December 2024
For the entire year, transportation costs edged up slightly by 0.76 percent compared to 2023, indicating a marginal year-on-year increase despite the recent month-on-month declines.
Vietnam’s raw flour production sees solid annual growth in 2024
Year-on-year, the sector recorded an impressive 12.1 percent increase in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 6.2 percent compared to 2023, reflecting steady progress in this essential industry.
Spanish tourist arrivals to Vietnam decline by 41.11 percent in December despite strong annual growth
Spanish tourists are attracted to Vietnam’s cultural richness and natural beauty. Key destinations include Hanoi, Hoi An, and Ho Chi Minh City, alongside Halong Bay and the beaches of Da Nang and Phu Quoc. Spanish travellers often enjoy activities such as cultural tours, exploring local markets, and sampling authentic Vietnamese cuisine.
In today’s news: VinFast derivatives issue, JICA lending forecasts, Fuel pricing reform monitoring, Fuel price forecasts, Bank foreign capital raising, Russia looking to wet
In today’s news: Abandoned property tax proposed, Novaland rejects bankruptcy rumours, Vietnamese trade delegation visits Iran, US duties Vietnamese air compressors, EVF plans US$300
In today’s news: Challenges to 10 percent growth target, Proposed rare earth export ban eased, Vietnam records US$122 billion in crypto activity, Norway shipbuilder
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