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 manufacturing grows for second month in a row: S&P
S&P Global’s Purchasing Managers Index–or PMI–has recorded a second consecutive month of growth in February increasing from 50.3 in January to 50.4 in February. Anything above 50 is considered a signal the sector is growing less than 50 and it is shrinking. Key takeaways Business optimism reached a 12-month high–55
Vietnam FDI in January broken down by industry/type
Vietnam’s FDI in January reached just over US$2.23 billion. Real estate attracted the most new foreign capital accounting for a little more than half of the total FDI received. It was followed by manufacturing and processing which also had a healthy January recording 63 new projects worth just under US$716
Vietnam set to ratify key UN trade union convention this year
Vietnam is set to ratify the UN’s Freedom of Association and Protection of the Right to Organise Convention this year, Reuters is reporting citing UN officials and diplomats.This would essential give workers the right to organise their own trade unions independent of the government–currently, all trade unions must be affiliated
VN-Index up, foreign traders net-buy US$1.8 million, February 27
The VN-Index closed up 13.39 points or 1.09 percent to finish the session at 1,237.46. Foreign traders net-bought into the market to the tune of US$1.8 million continuing to buy back into the HoSE after exiting the market to the tune of just under US$60 million last week. Trading history,
Vietnam overnight interest rates nearly double overnight
Vietnam’s overnight interest rates went from 2.15 percent February 20 to 4.14 percent on February 21, Vietnam Plus is reporting. The publication says this is connected to a spike in lending in December, however, that was over a month and a half ago (see credit growth table for 2023 here:
Expansion of Vietnam’s tourist visa options under discussion
Vietnam’s Prime Minister has proposed visa waivers for foreign nationals from developed countries of between six to 12 months, VN Express is reporting. If enacted this would signify a huge shift in visa policy for one of Southeast Asia’s fast growing economies. A little background–Vietnam revised its immigration laws in
Vietnam agriculture firms grappling with increased logistics costs
Logistics costs are becoming an increasing challenge for Vietnam’s agricultural exports, Vietnamnet is reporting. The publication claims that 60 percent of logistics costs are transport-related and compares this to 30 percent ‘in other countries’ (no source provided). One of the key gripes in this article is that foreign transport firms,
This analysis of Vietnam’s ‘blazing furnace’ corruption crackdown
The Diplomat is carrying an article by Mai Truong, an Assistant Professor of Political Science at Marquette University in the USA in which she argues that the current corruption ‘crackdown’ in Vietnam may backfire. Truong argues that the ‘crackdown’: Could encourage citizens to become more political engaged; Could expose internal
VN-Index up, foreign traders net-buy US$1.3 million, February 26
The VN-Index has started the week with a 12.17 point or 1 percent gain to finish the day at 1,224.17 points. Foreign traders returned to net-buying after a huge sell-off Friday, though only marginally, net-buying US$1.3 million worth of stock. Trading history, foreign investors, last five trading days Buy Sell
Snapshot: Manufacturing in Vietnam, January 2024
Each month the-shiv provides a snapshot of the manufacturing sector in Vietnam covering the latest developments, key performance indicators, and government data. January overview The year 2023 was the most difficult year in 30 years for the textile and garment industry in 30 years, Le Tien Truong, vice chairman of
Vietnam’s Stock Market, January 2024: Snapshot
January was a good month for Vietnam’s key stock market, the Ho Chi Minh City Stock Exchange. The key domestic index, the VN-index, rose by more than 30 points and foreign-traders net bought into the market to the tune of just over US$7 million. On the latter point, though a
This breakdown of the tax incentives Vinfast is receiving in North Carolina
The News and Observer is carrying a breakdown of the tax incentives Vietnam’s Vinfast is receiving with regard to the factory it is building in North Carolina. Essentially, there are a combined US$1.25 billion in incentives on offer for Vinfast under the understanding that the firm will create 7,500 jobs
Hanoi airport reaches 38,000 arrivals a day, exceeds capacity
In the week following the Lunar New Year, Hanoi’s Noi Bai International Airport, was welcoming up to 38,000 international arrivals a day, VN Express is reporting. This puts the airport well over its capacity of 10 million arrivals a year or around 27,000 passengers a day. Ho Chi Minh City’s
Article on developing Vietnam’s cultural industries missing key point
Vietnamnet is carrying an article that discusses how Vietnam can develop its cultural industries. It notes that cultural industries generate up to 10 percent of global GDP, however, in 2021, Vietnam’s cultural industries accounted for 3.61 percent of the country’s GDP. The publication carries comments from Nguyen Phuong Hoa, head
Vinfast leveraging new factory promises to gain import tax breaks?
Vietnam’s electric car maker Vinfast has announced that it has broken ground on a new factory in India’s Tamil Nadu. At the same time it has asked India for import tax breaks on ready-made electric vehicles from its factory in Vietnam, Reuters is reporting. Vinfast has made a number of
VN-Index drops, foreign traders net-sell US$31.4 million, February 23
The VN-Index lost 15.31 points or 1.25 percent Friday to finish the trading week at 1,212 points. Foreign traders contributed to the drop net-withdrawing US$31.4 million from Vietnam’s biggest stock exchange. Trading history, foreign investors, last five trading days Buy Sell Change Date VND* US$ VND* US$ VND* US$ 19/2
VN-Index falls, foreign traders net-withdraw US$38.2 million
The VN-Index fell 2.73 points or 0.22 percent today to finish the session at 1,227.31 points. At least part of the fall could be attributed to foreign-traders withdrawing US$38.2 million from the Ho Chi Minh City Stock Exchange. This brings that total net-withdrawn from the local bourse over the last
Vietnam imports itemised: January 2024
In January, Vietnam imported US$30.9 billion worth of goods. The three most imported items were computers, electrical products, spare-parts and components thereof; machine, equipment, tools and instruments; and fabrics. Collectively these three items accounted for US$13.7 billion worth of Vietnam’s imports. Vietnam imports, January 2024, by value Description US$ Change
Vietnam exports itemised: January 2024
In January, Vietnam exported US$34.5 billion worth of goods. Its three top exports were telephones, mobile phones and parts thereof; computers, electrical products, spare parts and components thereof; and machine, equipment, tools and instruments. These three items accounted for nearly US$15 billion worth of Vietnam’s exports Vietnam exports, January 2024,
Vietnam Stock Exchange see 44 percent fall in revenue in 2023
The Vietnam Stock Exchange–the overarching body managing the Hanoi and Ho Chi Minh City Stock Exchanges–reported revenue of just US$78.26 million in 2023, a fall of 44 percent over 2022, Vietnam Plus is reporting. Of that revenue, the Ho Chi Minh City Stock Exchange generated VND 1.39 trillion (US$56.5 million)
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
In today’s Vietnam news: Fund outflows May, New HCMC airport trial operations to begin September, M&A HCMC 2026, Compensation for gas-to-electric bike switch Hanoi,
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