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 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.
Vietnam’s imports from Indonesia decline slightly in November
Year-to-date imports from Indonesia totalled US$9.46 billion. Key imported products included coal, which saw a 4.96 percent increase month-on-month to US$216.71 million, and animal, vegetable fats and oils, which declined by 35.49 percent to US$64.43 million.
Vietnam’s imports of other base metals rise by 1.8 percent in November
Year-to-date imports totalled US$8.65 billion. China led the imports with US$252.78 million, an increase of 10.55 percent month-on-month. Significant growth was also observed in imports from the Philippines, which surged by 94.59 percent.
Vietnam News Roundup: December 13 to December 19
This week’s Vietnam news roundup covers the latest State Bank open market operations, media consolidation in Vietnam, foreign investor activity on the Ho Chi Minh City Stock Exchange, and more…
Vietnam’s exports to the Netherlands decline by 6.08 percent in November
Year-to-date exports amounted to US$11.83 billion. Key export items included computers and electrical products (US$357.9 million, down 3.32 percent), footwear (US$157.6 million, down 9.24 percent), and coffee (US$19.6 million, up 47.57 percent).
Vietnam’s exports of transportation parts decline by 7.62 percent in November
Year-to-date exports totalled US$13.77 billion. The United States was the leading destination with exports of US$298.4 million, up by 12.34 percent month-on-month.
Vietnam’s woven fabric production sees robust growth in November
Year-on-year, woven fabric production experienced substantial growth of 17.03 percent in November 2024 compared to the same period in 2023. Over the first 11 months of 2024, the sector recorded an 11.95 percent increase compared to the same period last year, underscoring its key role in Vietnam’s industrial performance.
Vietnam’s already relatively small press set to get smaller under consolidation plan
Notably, the absence of local press analysis of this change, given that it seems likely at least some jobs will be lost with few alternative job options for journalists, speaks volumes to the challenges the industry faces in and of itself.
Vietnam’s imports of mobile phones and parts drop by 9.5 percent in November
On a year-to-date basis, imports have reached US$9.43 billion. China remains the dominant supplier despite a 12.84 percent monthly decline, contributing US$851.4 million. South Korea saw a notable increase of 67.62 percent, reaching US$34.8 million, while Japan recorded sharp growth of 180.04 percent to US$531.8 million.
Former Trump security advisor spruiks Vietnam-US trade potential
Of interest, however, is that it was cited by Eric Olander of the China Global South Project in an editorial in which Olander uses O’Brien’s article to catapult into a comparison of the economic might and abilities of Vietnam versus China…
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
In today’s news: Credit rating improvement target, Vinhomes Pomina Steel loans, Meat imports, Nghi Son refinery performance, Trade returns to surplus, Credit growth numbers,
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