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.
Concerns grow about real estate debt being carried by Vietnam’s banks
At the end of September outstanding debt in the real estate industry was up 9.15 percent since the end of 2023 and this is raising concerns that risks that have been prevalent over the last couple of years in the housing industry may be being transferred to the banking industry…
E-commerce packages from unregistered firms to be stopped at Vietnam border
Saigon News is saying that packages that don’t have details of the e-commerce platform from which they originated will be prohibited entry–it’s not clear how customs will distinguish between packages from family or friends and unregistered e-commerce platforms and platforms that are not required to be registered…
Vietnam’s processing and manufacturing sector shows strong annual growth
Year-over-year, the industry exhibited even stronger results, with an 8.8 percent increase in output in October 2024 compared to October 2023. Cumulatively, the January-to-October 2024 period saw a 9.6 percent rise over the same period last year…
Vietnam’s food and food services sector sees notable CPI increase with steady year-to-date growth
Year-to-date, from January to October, the CPI for food and food services is up by 4.04 percent over the same period in 2023. This steady increase highlights ongoing demand and cost factors affecting food-related expenses, driven by factors like global supply chain fluctuations and rising raw material costs…
Vietnam News Roundup: November 1 to November 7
This week’s Vietnam news roundup covers the latest State Bank open market operations, a new pilot for a two-tier electricity pricing regime, Vietnam’s purchasing managers’ index for October, the moth-balling of a new petrochemical complex, and more…
Vietnam’s natural gas extraction on decline despite monthly uptick
The cumulative figures for January through October 2024 reveal a 17.3 percent decrease over the same period last year, indicating persistent obstacles in the sector…
Vietnam’s consumer price index sees slight jump in October
Vietnam’s consumer price index–CPI–compared to October 2023, has risen by 2.89 percent, showing a moderate annual increase in consumer prices. Since December 2023, the CPI has grown by 2.52 percent, suggesting a consistent upward trend through the year; and from September to October 2024, the CPI increased by 0.33 percent, indicating a stable month-to-month price movement with minimal volatility…
Vietnam’s coal and lignite production sees mixed results in October
When measured against October 2023, the sector’s production has dipped by 7.7 percent, continuing a downward trend that highlights the industry’s ongoing challenges…
US protectionism growing concern in Vietnam after Trump election
A possible jump in tariffs on Vietnamese goods after Donald Trump won the US presidential election yesterday is a key concerns among businesses in Vietnam, according to analysis from Tuoi Tre. The publication cites Trinh Viet Hoang Minh from ACBS Securities as suggesting Vietnam’s steel industry may face problems as Trump pursues protectionist measures on behalf of the US steel industry…
HCMC public assets leased without auction draw attention of City Inspectorate
A Ho Chi Minh City Inspectorate investigation has found that a number of prime pieces of real estate in the city that were owned by the state were leased without an auction, breaching public asset management regulations…
Ho Chi Minh City apartment supply 90 percent high-end, luxury segment
The publication goes on to lament the lack of affordable housing which has become a recurring theme in local media as the housing market thaws but not for everyday Vietnamese…
Temu in Vietnam: What’s Fair in Free Trade?
When Chinese e-commerce giant Temu officially launched in Vietnam last month the hype was palpable. Not only had the firm dropped a small fortune on advertising but it had also ruffled feathers in Vietnam’s business community: Temu’s goods were too cheap and Vietnamese producers could not compete. With a narrative containing two things Vietnamese love–huge discounts and hating on China–the local media piled on…
Vietnam’s wood and bamboo production sees mixed performance in September
Sawing, planing, and preserving wood experienced a decrease in output, with a 3.4 percent drop compared to August 2024 and a 1.5 percent decline year-on-year. Despite these recent declines, the sector has showed resilience year-to-date, recording a 6.3 percent increase over the first nine months of 2024 compared to the same period in 2023…
Vietnam’s housing and construction material prices show mixed trends in 2024
Vietnam’s Consumer Price Index–CPI–data for September 2024 showed a steady increase in housing and construction material prices of 4.37 compared to September 2023. Prices were also up 3.59 percent over December of last year…
Pre-funding gone for some foreign stock traders in Vietnam, as new circular kicks-in
Tuoi Tre is covering the expectations of market watchers that this will give the market a welcome boost, Dau Tu Online on the other hand is suggesting that local securities firms with large cash buffers stand to benefit most, and VN Economy, conversely, has pointed out that after coming into effect there have still been large net cash outflows from the market from foreign investors.
Vietnam state power provider moves two-tier electricity pricing strategy forward
This policy looks to be a response by the state power provider to try and increase revenue without increasing electricity prices. This comes after the state power provider ran up huge losses over the past two years by selling electricity below cost price…
Vietnam domestic gold prices fall despite reports of shortages
This scenario is not particularly new with challenges in the gold market ongoing since the beginning of the year. That said, it is worth keeping an eye on in that currently the gold supply is being fed by the State Bank from its reserves. These are, however, limited and will either need to be replenished or will run out, either way there will likely be significant ramifications for Vietnam’s economy….
Delayed Vietnam hospital construction draws ire of Vietnam General Secretary
Construction work on the new branches of Bach Mai Hospital and Viet Duc Hospital kicked-off in 2014 with the examination areas at both hospitals inaugurated in 2018. Since then, however, only one facility was used for a year and the other has not accepted patients at all…
Vietnam finance ministry proposes extending cut to green tax on fuel
Of note, Vietnam was ranked 180 out of 180 countries in Yale University’s Environmental Performance Index 2024 back in August. Vietnam scored 24.5 points out of 100 with Estonia taking out first place with a score of 75.3.
Vietnam education ministry looks for support tackling corruption in textbooks
This stems from reports back in September that the head of Vietnam’s Education Publishing House which handles the production and distribution of textbooks was taking kickback from paper suppliers…
In today’s Vietnam news: Crypto transfers to VN not necessary, Novaland bond changes, Perspectives on garment industry, Working hours cut proposed, Adding political component
In today’s Vietnam news: Fuel prices cut, Double-digit growth target reinforced, New airport services delay approval requested, TikTok VN investment, Bybit in Vietnam, LG
In today’s Vietnam news: VN renews antidumping tariffs on Thai sugar, Power supply challenges continue, USTR tariffs forced labour, AMRO growth forecast downgrade, Foreign
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