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 sees strong annual growth in 2024
Year-on-year, the industry recorded a significant 15.35 percent increase in November 2024 compared to the same month in 2023. Over the first 11 months of 2024, the sector achieved a cumulative growth of 12.23 percent, highlighting its robust contribution to Vietnam’s industrial output.
Reduction in Vietnam Environment Tax on jet fuel, petrol extended to end 2025
A 50 percent cut to Vietnam’s Environment Tax on jet fuel, petrol, and grease, first implemented as a COVID-19 economic stimulus measure, will be extended to the end of next year. The tax cut was originally set to end on the first of January.
Vietnam fertility rate hits new low, possible labour shortages on horizon
Vietnam’s fertility rate fell to 1.91 children per woman in 2024 down from 1.96 in 2023, and well-below the 2.1 replacement rate needed. This has been raised as a concern in the context of its impact on Vietnam’s labour supply.
French tourist arrivals in Vietnam rise by 44.16 percent in November
Year-to-date, French arrivals reached 254,653, reflecting a 30.4 percent growth compared to the same period last year. France remains one of Vietnam’s most significant European markets, contributing to the strong rebound of international tourism.
Vietnam’s ceramic product exports show stability in November 2024
The United States remained the top importer, accounting for US$18.87 million, a 9.76 percent increase from the previous month. Japan followed with imports of US$7.70 million, up by 13.60 percent.
Vietnam’s textile, leather, and footwear materials exports drop 8.1 percent in November
Indonesia was the largest market, importing US$31.86 million of these materials, representing a modest decrease of 2.79 percent
Norwegian tourist arrivals in Vietnam rise by 66.31 percent in November
Year-to-date, Norwegian arrivals reached 24,545, representing a 34.3 percent growth compared to the same period last year. Norway remains a growing source market for Vietnam within Northern Europe.
Vietnam’s rice exports dip in November
Year-to-date rice exports reached US$5.30 billion, with the Philippines being the top destination, accounting for US$2.47 billion. However, exports to the Philippines saw an 8.38 percent decline compared to October.
Vietnam’s motors and transformers sector faces mixed results in November
Year-on-year, the industry grew marginally by 0.29 percent to November 2024 compared to the same period in 2023. For the first 11 months of 2024, cumulative growth reached 6.35 percent, indicating long-term resilience despite short-term challenges.
Taiwanese tourist arrivals in Vietnam rise by 28.69 percent in November
Year-to-date, arrivals from Taiwan reached 234,140, reflecting a significant 111 percent growth compared to the same period last year. Taiwan has emerged as a vital market for Vietnam, demonstrating strong post-pandemic recovery and travel interest.
Vietnam’s fertiliser exports reflect mixed trends in November
Cambodia emerged as the top importer, purchasing US$22.14 million worth of fertilisers, despite a slight drop of 4.51 percent from October. South Korea followed, with imports surging by 36.02 percent to US$9.33 million.
Vietnam’s plastic exports experience 29.3 percent drop in November
China remained the largest importer, purchasing US$24.4 million of Vietnamese plastics, although this represented a sharp 59.42 percent decline from the previous month.
Swedish tourist arrivals in Vietnam increase by 53.66 percent in November
Year-to-date, Swedish arrivals reached 28,554, reflecting a 27.2 percent growth compared to the same period last year. Sweden remains a steadily growing European source market for Vietnam’s tourism industry.
Vietnam’s plastic product exports remain stable in November
Year-to-date exports of plastic products totalled US$6.07 billion. The United States emerged as the leading importer with US$2.74 billion, marking a 5.27 percent month-on-month increase. Notable growth was also observed in exports to Thailand, which increased by 21.66 percent. However, exports to South Korea and India faced declines of 8.70 percent and 15.38 percent, respectively.
Vietnam’s electrical equipment production falls slightly month-on-month
Year-on-year, the industry recorded a substantial growth rate of 13.23 percent in November 2024 compared to the same month in 2023. Over the first 11 months of 2024, cumulative growth stood at 11.26 percent, reflecting the sector’s importance in Vietnam’s industrial output.
Malaysian tourist arrivals in Vietnam decline slightly by 1.46 percent in November
Year-to-date, Malaysian arrivals reached 301,440, marking a 19.6 percent growth compared to the same period last year. Malaysia continues to be a key ASEAN market for Vietnam’s tourism industry, contributing steadily to its recovery.
Vietnam’s tyre cord fabrics exports show steady growth
The United States remained the leading market, importing US$14.34 million, with only a slight decline of 1.01 percent from October. South Korea followed with US$8.97 million, marking a robust 19.72 percent increase.
Vietnam’s chemical product exports grow by 7.5 percent in November
China was the largest importer of Vietnamese chemical products, with US$44.71 million, though it experienced a slight drop of 4.61 percent from October.
Belgian tourist arrivals in Vietnam grow by 38 percent in November
Year-to-date, Belgian arrivals reached 29,078, reflecting a 22.1 percent growth compared to the same period last year. Belgium remains a niche but growing European market for Vietnam’s tourism industry.
Vietnam’s fruit and vegetable exports experience sharp decline in November
Year-to-date exports totalled US$6.62 billion, driven primarily by strong performance in China, which accounted for US$4.33 billion. Thailand showcased notable growth, with a 51.04 percent month-on-month increase, while other key markets like Taiwan and the Netherlands recorded steep declines of 21.36 percent and 24.90 percent, respectively.
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
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This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It