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 consumer electronics sector sees mixed performance in November
Year-on-year, the sector decreased by 8.77 percent in November 2024 compared to the same period in 2023. However, over the first 11 months of 2024, cumulative growth reached 8.01 percent, showcasing strong performance earlier in the year.
Vietnam News Roundup: December 19 to December 26
This week’s Vietnam news roundup covers the latest State Bank open market operations, a ban on some Netflix programs in Vietnam, Hanoi land values, and more…
Thai tourist arrivals in Vietnam decline by 3.29 percent in November
Year-to-date, Thai arrivals reached 377,283, reflecting a year-on-year decline of 24.9 percent. Despite the drop, Thailand remains one of Vietnam’s important tourism markets within the ASEAN region.
Vietnam’s bamboo and rattan exports grow in November
The United States emerged as the largest importer, accounting for US$23.34 million, an impressive 14.39 percent growth compared to October.
Vietnam’s chemical exports rise by 3.2 percent in November
China remained the leading importer, purchasing chemicals worth US$77.22 million, despite a decline of 6.82 percent compared to October.
Swiss tourist arrivals in Vietnam grow by 54.44 percent in November
Year-to-date, Swiss arrivals reached 30,194, marking a 23.6 percent growth compared to the same period last year. Switzerland remains a noteworthy source market for Vietnam, contributing steadily to the European segment of its tourism industry.
Vietnam’s still image and video camera exports decline in November
Year-on-year data paints a clearer picture of Vietnam’s standing in the global market. While exports to key markets like China remain robust at a year-to-date total of over US$4.25 billion, other markets reflect diverse trends.
Communication equipment manufacturing grows steadily in November
Year-on-year, the industry recorded a substantial 14.15 percent increase in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth stood at 8.63 percent, underlining the sector’s importance to Vietnam’s industrial output.
Australian tourist arrivals in Vietnam grow by 9.03 percent in November
Year-to-date, Australian arrivals reached 439,734, reflecting a strong 32.5 percent growth compared to the same period last year. Australia remains one of Vietnam’s key long-haul tourism markets, showing consistent growth post-pandemic.
Vietnam’s animal fodder exports face slight decline in November
China led as the top importer, purchasing US$39.96 million, an 8.26 percent increase from October. Cambodia followed with US$11.17 million, although this marked a significant decline of 23.36 percent.
Vietnam’s rubber exports show slight increase in November
China was the largest importer of Vietnamese rubber, purchasing US$368.75 million, an 11.01 percent rise from the previous month.
New Zealand tourist arrivals in Vietnam decline by 8.22 percent in November
Year-to-date, arrivals from New Zealand reached 43,685, marking a 27.6 percent increase compared to the same period last year. Despite the slight monthly drop, New Zealand remains an important market for Vietnam within the Oceania region.
Vietnam sees no new mining sector FDI in November
Year-to-date (YTD), the mining sector has attracted a total of 1 new project with US$2.8 million in newly registered capital, indicating limited investment activity for the year.
Electronic components manufacturing posts double-digit growth
Year-on-year, the sector saw a 13.84 percent increase in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, cumulative growth stood at 9.36 percent, highlighting the sector’s strong contribution to Vietnam’s industrial landscape.
Vietnam revised securities regulations hit first hiccup
Vietnamese securities firm, Vietcap Securities, has notified the Securities Commission that the Netherlands’ Aegon Custody BV has failed to make payment on a trade completed on its behalf by Vietcap on December 17. Vietcap is currently footing the VND 4 billion bill.
State Bank of Vietnam sells US$2 billion supporting the dong
Of note, Khang is also quoted as saying that the SBV holds a sizable amount of its reserves in US Treasury bills and that if the SBV doesn’t want to sell these at a loss it can only really sell around US$12 to US$14 billion worth of its current reserves.
Land values in Hanoi increase by up to 270 percent on new Vietnam Land Law
Official land values have been depressed in the past by laws through which the central government would set land prices once every five years. This, however, caused problems in that officially land values would fall largely out of step with the true market value with buyers either paying extra off the books or land owners refusing to sell altogether.
Netflix blocked from showing unscripted television shows in Vietnam
Of note, it had first been reported that it had been barred from showing television programs altogether but this appears to have been incorrect. The narrative that is circulating now, according to VN Express, is that companies streaming television programs need a local office whereas streaming sites that show only films do not.
Singaporean tourist arrivals in Vietnam surge by 95.88 percent in November
Year-to-date, Singaporean arrivals reached 440,895, reflecting modest year-on-year growth of 3.5 percent. The sharp rise in November highlights a strong rebound in regional travel and growing interest in Vietnam as a prime destination for Singaporean travellers.
Vietnam’s manioc and manioc products exports surge in November
China remained the dominant importer, accounting for US$85.65 million, a 21.93 percent increase from the previous month.
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