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.
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.
Vietnam’s gaseous natural gas production estimated to reach 6.32 billion cubic meters in 2024
In November 2024, the country produced 496.6 million cubic meters of gaseous natural gas, reflecting solid output despite a slight decline in December.
Vietnam’s imports of paper products rise by 4.68 percent in December
China remained the largest supplier, contributing US$66.61 million, a slight 0.96 percent increase from November. Thailand recorded significant growth, with imports increasing by 47.36 percent to US$8.52 million. Germany and Singapore showed notable growth rates, with imports rising by 47.27 percent and 21.75 percent, respectively.
French tourist arrivals to Vietnam drop by 26.45 percent in December despite strong annual growth
French visitors often prioritise cultural immersion, favouring activities like food tours, cooking classes, and visiting traditional markets. Many also opt for multi-day itineraries that include urban exploration, rural excursions, and relaxation. Vietnam’s affordability and its colonial ties make it a preferred destination for French tourists.
Vietnam’s animal feed and aquatic products production records December jump
Year-on-year, the sector expanded by 7.2 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 5.2 percent compared to 2023, reflecting a steady upward trend in this critical industry.
Vietnam’s iron and steel product imports rise by 4.60 percent in December
China remained the top supplier, exporting US$430.29 million in December, up 4.32 percent month-on-month. South Korea followed with US$65.80 million, a 5.35 percent increase. The USA and Germany showed notable growth, with imports rising 28.88 percent and 24.00 percent, respectively.
Hong Kong sees decline in foreign direct investment in Vietnam in December
In 2024, Hong Kong firms invested in 379 new projects in Vietnam with US$4.35 billion in newly registered capital.
Vietnam’s wholesale and retail of motorbikes and cars and repairs FDI jumps in December
In 2024, the sector attracted a total of 1,172 new projects with US$1.41 billion in newly registered capital.
Chinese tourist arrivals to Vietnam continue impressive growth, rising 14.28 percent in December
Group travel dominates the market, but there is a growing trend of independent Chinese tourists exploring Vietnam. These travellers seek unique experiences such as culinary tours, eco-tourism, and cultural immersion.
Israel sees jump in foreign direct investment in Vietnam in December
In 2024, Israel invested in 4 new projects in Vietnam with US$5.09 million in newly registered capital…
Vietnam’s manioc and manioc products exports rise by 20.63 percent in December
Vietnam’s manioc and manioc products exports total US$1.16 billion for 2024…
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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