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 non-wood furniture exports rise slightly in November
Australia was the largest importer, purchasing US$3.37 million worth of furniture, though this marked a significant month-on-month decline of 19.73 percent.
Dutch tourist arrivals in Vietnam grow by 33.42 percent in November
Year-to-date, Dutch arrivals reached 71,743, reflecting an 18.7 percent growth compared to the same period last year. The Netherlands remains a key market for Vietnam within Western Europe, contributing steadily to its international tourism recovery.
Vietnam sees minimal activity in health and social assistance FDI in November
Year-to-date (YTD), the sector has attracted a total of 2 new projects with US$95 million in newly registered capital, showing a significant decrease in November despite strong growth for the year.
Electronic products sector records strong growth in November
Year-on-year, the industry recorded an 11.95 percent increase in November 2024 compared to the same period in 2023. Cumulative growth over the first 11 months of 2024 reached 8.72 percent, underscoring the sector’s robust performance.
Japanese tourist arrivals in Vietnam increase by 23.54 percent in November
Year-to-date, Japanese arrivals reached 445,642, reflecting a 33.5 percent growth compared to the same period last year. Japan remains one of Vietnam’s most significant tourism markets in Asia, contributing steadily to the sector’s recovery.
Vietnam’s clinker and cement exports dip sharply in November
The Philippines remained the largest market, with imports of US$33.87 million, a slight 3.03 percent increase month-on-month.
Vietnam’s insulated wires and cables exports experience minor decline in November
The USA emerged as the largest importer, purchasing US$88.83 million worth of these products, a 5.96 percent increase compared to the prior month.
Polish tourist arrivals in Vietnam increase sharply by 237.62 percent in November
Year-to-date, Polish arrivals reached 43,961, though this marks a sharp decline compared to last year, reflected by a year-on-year growth rate of -100 percent. Despite the annual drop, the substantial growth in November highlights a resurgence of interest from Polish travellers.
Vietnam sees significant decline in new financial, banking, and insurance FDI in November
Year-to-date (YTD), the sector has attracted a total of 6 new projects with US$122.1 million in newly registered capital, reflecting a decrease in investment activity compared to previous months.
Vietnam’s concrete and cement products sector faces mixed performance in November
Compared to November 2023, the sector contracted by 13.21 percent, reflecting reduced activity in this category. Despite this, the first 11 months of 2024 showed a cumulative growth of 4.32 percent compared to the same period last year, highlighting its long-term potential despite short-term challenges.
US tourist arrivals in Vietnam rise by 18.92 percent in November
Year-to-date, US tourist arrivals reached 706,000, marking a 16.5 percent growth compared to the same period last year. The United States continues to be one of Vietnam’s key long-haul tourism markets, reflecting the increasing interest of American travellers in Vietnam’s cultural and natural attractions.
Italian tourist arrivals in Vietnam surge by 87.5 percent in November
Year-to-date, Italian arrivals reached 80,692, reflecting a robust 79.2 percent growth compared to the same period last year. Italy remains a growing market for Vietnam’s tourism sector, showcasing the rising appeal of the country among European travellers.
Vietnam sees growth in other service activities FDI in November
Year-to-date (YTD), the sector has attracted a total of 6 new projects with US$168.9 million in newly registered capital, showing growth throughout the year.
Vietnam’s cement, lime, and plaster production shows steady growth in November
Year-on-year, the sector grew by 8.83 percent in November 2024 compared to the same month in 2023. However, the first 11 months of 2024 showed a slight cumulative contraction of 0.17 percent compared to the same period last year, highlighting lingering challenges in earlier parts of the year.
Indian tourist arrivals in Vietnam grow by 27.03 percent in November
Year-to-date, Indian arrivals reached 655,922, reflecting a 21.4 percent growth compared to the same period last year. India continues to emerge as an important source market for Vietnam’s tourism sector, with numbers steadily increasing over the past year.
Vietnam’s exports to Hong Kong decline in November
Year-to-date exports to Hong Kong reached US$11.26 billion. Computers, electrical products, spare parts, and components dominated, accounting for US$611.18 million in November with a minimal decline of 0.39 percent.
Vietnam’s fishery exports see a decline in November
Year-to-date fishery exports amounted to US$9.17 billion, with China leading as the top importer, despite a 14.9 percent month-on-month decline to US$167.41 million.
Vietnam’s manufacture of ready-made garments (except apparel) grows steadily in November
Year-on-year, the sector saw a rise of 9.39 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the IPI for this category recorded a cumulative increase of 5.15 percent compared to the same period last year, demonstrating consistent expansion.
Vietnam sees decline in education and training FDI in November
Year-to-date (YTD), the sector has attracted a total of 33 new projects with US$39 million in newly registered capital, reflecting growth in the sector despite the decline in November.
Philippine tourist arrivals in Vietnam grow by 5.59 percent in November
Year-to-date, Philippine arrivals reached 1,177,615, marking a 25.5 percent growth compared to the same period in 2023. The Philippines remains a key Southeast Asian market for Vietnam, reflecting strong regional travel recovery post-pandemic.
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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