Industry

This section highlights developments in Vietnam’s industrial sectors, including manufacturing, heavy industry, supporting industries, and industrial policy, based on reports from domestic media and official information.

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    Vietnam Industry and Trade News Bulletin for May 21, 2019

    ByVN Industry and Trade Bulletin

    A. OUTSTANDING GENERAL ECONOMIC NEWS 1. Public Debt and Finance • Public Debt Reduction: Vietnam’s public debt ratio in 2018 fell below 60% of GDP, reaching 58.4%, the lowest in three years. On average, each Vietnamese citizen “carries” approximately 32 million VND in public debt. • Government Debt Advances: The government advanced 97 million USD to pay off debts for the Phuong Nam Paper Mill project, as the project remains unsold and assets have not…

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    Vietnam Industry and Trade News Bulletin for OCTOBER 23, 2018

    ByVN Industry and Trade Bulletin

    I. Notable News and Legal Issues 1. APEC Card Fraud: Authorities are investigating a scam where individuals, including one posing as a Ministry of Industry and Trade (MoIT) official, collected money from victims by promising to facilitate APEC cards for travel,. 2. Gasoline Theft Investigation: MoIT issued an urgent order for Petrolimex to investigate and handle reports of truck drivers stealing gasoline on the Hai Van Pass,. As a result, several drivers have been suspended,….

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    Ministry of Industry and Trade Press Review for October 22, 2018

    ByVN Industry and Trade Bulletin

    A. Energy and Petroleum B. Electricity and Renewables C. Heavy Industry and Automobiles D. Light Industry and Startups E. Import-Export and International Trade F. Domestic Market and Consumer Protection G. Commodity Price Trends Analogy: The Vietnamese agricultural export sector is like a specialized craftsman who relies on a single large customer (China); when that customer begins to build their own tools (expanding their own cultivation), the craftsman faces an urgent need to diversify his clientele…

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    Vietnam Industry and Trade News Bulletin for OCTOBER 22, 2018

    ByVN Industry and Trade Bulletin

    I. ENERGY AND PETROLEUM II. AUTOMOBILE AND HEAVY INDUSTRY III. AGRICULTURE AND IMPORT-EXPORT IV. DOMESTIC MARKET AND RETAIL Analogy: The Vietnamese agricultural export market is like a climber on a single rope; being so heavily attached to the Chinese market (80-90% of dragon fruit exports) means that if the rope frays due to China’s domestic expansion, the entire industry faces a dangerous fall unless it secures additional safety lines in other global markets.