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 processed seafood production estimated to reach 6.22 million tons in 2024
In November 2024, the country produced 539,800 tons of processed seafood, showing a solid performance despite a slight increase in December.
Vietnam’s corrugated paper and packaging sector continues strong growth in 2024
Year-on-year, the sector recorded an 11.3 percent growth in December 2024 compared to December 2023. For the full year, cumulative growth reached 7.4 percent in 2024 compared to 2023, demonstrating strong performance across this vital industry.
Vietnam’s imports of soya beans rise by 36.24 percent in December
The USA was the largest supplier, contributing US$94.40 million, a 37.97 percent increase compared to November. Argentina also made a significant contribution with imports totalling US$10.76 million in December. Canada, while remaining a steady supplier, saw a 16.14 percent decline, contributing US$3.74 million.
Vietnam’s textile, leather, and footwear material imports rise by 6.40 percent in December
China remained the dominant supplier, exporting US$349.57 million in December, up 5.56 percent month-on-month. Other suppliers collectively contributed US$87.24 million, a significant 17.00 percent increase. Thailand and Japan also showed strong growth, with imports rising by 19.03 percent and 8.40 percent, respectively.
Vietnam’s arts, entertainment, and recreation sector sees growth in FDI in December
In 2024, the sector attracted a total of 8 new projects with US$14.29 million in newly registered capital.
Vietnam’s communication equipment production records steady annual growth
Year-on-year, the sector grew by 6.9 percent in December 2024 compared to December 2023. For the full year of 2024, cumulative growth reached 7.8 percent compared to 2023, highlighting consistent progress in this critical industry.
Vietnam News Roundup: January 17 to January 23
This week’s Vietnam news roundup covers the latest State Bank open market operations, Novaland’s latest delayed bond payment, pushback on compulsory motorbike insurance, and more…
Seychelles maintains steady foreign direct investment in Vietnam in December
In 2024, Seychelles recorded investments in Vietnam in the amount of 27 new projects with US$273.97 million in newly registered capital…
Vietnam housing and construction materials prices increase in December 2024
For the full year, prices of housing and construction materials showed a 5.20 percent rise over 2023 levels, reflecting sustained growth in the sector.
Vietnam’s machine, equipment, tools, and instruments exports decline by 6.36 percent in December
Vietnam’s machine, equipment, tools, and instruments exports total US$52.19 billion for 2024, reflecting strong demand despite the month-on-month decline.
Vietnam’s imports of milk and milk products decline by 2.82 percent in December
New Zealand remained the largest supplier, contributing US$30.05 million, a 16.19 percent increase from November. Australia showed the highest month-on-month growth, surging by 59.29 percent to US$14.93 million. Imports from the USA and Malaysia also saw increases of 4.08 percent and 7.30 percent, respectively.
Vietnam’s plywood and veneer production grows steadily in 2024
Year-on-year, the sector expanded by 7.5 percent in December 2024 compared to December 2023. Over the full year, cumulative growth reached 12.0 percent in 2024 compared to 2023, highlighting robust performance in this industry.
Vietnam’s coal imports surge by 44.09 percent in December
Australia became the standout supplier in December, with imports surging by 81.49 percent to US$218.97 million. Indonesia remained the largest supplier overall, exporting US$244.16 million worth of coal, a 12.67 percent rise from the previous month. Imports from Russia also saw an extraordinary increase of 315.72 percent, reaching US$66.51 million.
Vietnam’s Ba Ria – Vung Tau province sees fall in FDI performance in 2024
The continued FDI inflows highlight Ba Ria – Vung Tau’s attractiveness as a key investment destination, particularly in industries such as energy, logistics, and manufacturing…
Vietnam’s cement and lime sector shows steady growth in December
Year-on-year, the sector grew by 7.9 percent in December 2024 compared to December 2023. However, for the full year of 2024, cumulative growth was a modest 0.3 percent compared to 2023, indicating stabilisation in the industry over the year.
Cambodian tourist arrivals to Vietnam surge by 27.59 percent in December
Cambodian tourists are drawn to Vietnam’s proximity, affordability, and diverse attractions. Popular destinations include Ho Chi Minh City and the Mekong Delta, which are easily accessible via land crossings.
Vietnam’s beverage production grows moderately in December 2024
Year-on-year, the sector expanded by 5.9 percent in December 2024 compared to December 2023. Over the full year of 2024, cumulative growth was recorded at 1.4 percent compared to 2023, reflecting moderate overall progress.
Vietnam’s fresh milk production estimated to reach 2.05 billion liters in 2024
In November 2024, the country produced 176.7 million liters of fresh milk, maintaining a solid output despite a slight increase in December.
Vietnam’s iron and steel products exports rise by 23.05 percent in December
Vietnam’s iron and steel products exports total US$4.59 billion for 2024.
Vietnam’s cosmetics and toiletries production posts steady annual growth
Year-on-year, the sector declined by 7.4 percent in December compared to December 2023. However, for the full year of 2024, cumulative growth reached 8.3 percent compared to 2023, demonstrating a solid annual performance despite the December dip.
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