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.
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.
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.
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