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 garments, hats, and shoes prices remain stable in November
Garments, hats, and shoes form an essential part of household expenditure in Vietnam, driven by domestic demand and seasonal shopping patterns. The sector is also a significant contributor to the economy, supported by the country’s strong textile and footwear production capabilities.
Vietnamese overseas investment surges in first 11 months of 2024
Investments were spread across 16 sectors, with professional activities, science, and technology taking the lead, accounting for 33.5 percent of the capital. The processing and manufacturing industry followed with 18.2 percent, while electricity production and distribution contributed 15.8 percent.
Vietnam’s coke and semi-coke imports set to grow at 7.8 percent annually
The report notes that Vietnam’s domestic coke production faces significant challenges due to a lack of high-quality coking coal and advanced production technology, making the country heavily reliant on imports to meet its industrial needs…
Vietnam sees strong growth in FDI in repairs of cars, motorbikes in November
Year-to-date (YTD), the sector has attracted a total of 1,070 new projects and US$1.37 billion in newly registered capital, reflecting significant growth in the sector…
Asian tourist arrivals in Vietnam grow by 19.85 percent in November
Year-to-date, Asian arrivals totalled 12,614,542, reflecting a 43.3 percent year-on-year increase. Among the top contributors, China led with 339,399 arrivals in November, up 11.11 percent…
Vietnam’s wood and wooden product exports surge in October, maintain strong year-to-date growth
Year-to-date performance also shows strong growth. From January to October, exports in this category totalled US$13.22 billion, marking a 21.2 percent increase compared to the same period in 2023.
Vietnam’s natural gas extraction index shows steep year-on-year decline
Year-on-year, the natural gas extraction index recorded a sharp decline of 23.35 percent in November 2024 compared to the same period in 2023…
Vietnam’s drinks and tobacco CPI records slight increase in November
The drinks and tobacco sector forms a steady component of consumer expenditure in Vietnam, influenced by lifestyle trends, festive demand, and pricing adjustments. It also contributes significantly to government revenue through excise taxes and duties.
Vietnam sees growth in manufacturing FDI
Year-to-date (YTD), the sector has attracted a total of 1,030 new projects and US$20.2 billion in newly registered capital, demonstrating strong and consistent growth in the industry.
Vietnam sees continued growth in foreign direct investment in November
Year-to-date (YTD), Vietnam has attracted a total of 3,035 new projects with US$31.4 billion in newly registered capital, reflecting strong and consistent growth in foreign direct investment.
Vietnam’s cosmetics imports remain steady in October
China was the leading supplier, contributing US$14.81 million in October, an increase of 12.56 percent month-on-month. Singapore followed with US$32.59 million, though it saw a decline of 3.16 percent. South Korea, another major supplier, recorded an increase of 6.53 percent, reaching US$14.87 million.
Vietnam’s technical fabric exports grow in October, strong YTD performance continues
Year-to-date performance shows robust growth. From January to October, exports in this category totalled US$650.34 million, an 18.2 percent increase compared to the same period in 2023.
Vietnam’s coal mining production shows improved performance in November
Year-on-year, however, the sector contracted by 4.78 percent in November 2024 compared to the same month in 2023.
Vietnam’s CPI for eating outside the family sees slight increase in November
Eating out is a significant aspect of Vietnam’s modern lifestyle, driven by urbanisation and changing consumer preferences. Restaurants, cafes, and street food establishments contribute significantly to the service economy, reflecting broader trends in consumer spending.
Vietnam tourist arrivals see a 20.54 percent month on month growth in November
Vietnam welcomed 1,711,512 international tourists in November, representing a month-on-month increase of 291,679 visitors or 20.54 percent, according to Vietnam’s General Department of Tourism. Year-to-date, the country has recorded 15,836,661 arrivals, marking a year-on-year increase of 38.8 percent. Asian visitors dominated the figures, contributing 1,357,769 arrivals in November, up by
Vietnam’s toy and sports equipment exports grow in October
However, year-to-date performance shows little change. From January to October, the sector’s exports totalled US$3.13 billion, reflecting a slight decline of 0.7 percent compared to the same period in 2023.
Vietnam’s food and food services CPI records decline in November
Food and food services play a central role in Vietnam’s economy, with the sector contributing significantly to household expenditure and national GDP. The country’s diverse agricultural base supports a wide range of food products, catering to both domestic consumption and export markets.
Vietnam’s extractive industry sees modest November monthly growth but YoY decline
Year-on-year, however, the extractive sector showed a significant decline of 9.85 percent in November 2024 compared to the same month in 2023. For the first 11 months of 2024, the IPI decreased by 7.31 percent compared to the same period the previous year, highlighting ongoing challenges faced by the industry.
Vietnam’s textile and garment exports rise in October, maintain strong year-to-date growth
Year-to-date figures also indicate robust performance. From January to October, exports in this category totalled US$30.57 billion, a 10.5 percent increase compared to the same period in 2023.
Vietnam’s CPI records slight dip in November vs. October
Throughout 2024, the CPI trends have varied significantly. September recorded a rate of 2.63 percent, while August saw a notable peak at 3.45 percent. Earlier in the year, July and June registered higher figures of 4.36 percent and 4.34 percent, respectively.
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