Topic: supply

Foreign investors recognize the improvements made to Vietnam’s infrastructure and investment environment but stable power supply is a lingering problem.

The Southeast Asian nation charts a meticulous course to enhance its strategic stockpiles and logistical networks for petroleum products and natural gas, aiming to fortify energy security amid fluctuating global dynamics.

The Ministry of Industry and Trade rapidly revises its 2024 electricity supply plan as a strong economic upswing and heatwaves drive a spike in power consumption.

Prime Minister's Directive Aims to Make The Most Out Of Local Resources To Stabilize Power Supply

Conference introducing thousands of specialties from 45 localities.

Minister of Industry and Trade Nguyen Hong Dien has said that under the plan, 34 petroleum wholesalers are to import 500,000 cubic meters in October. At the end of September and in mid-October there were more than 3 million cubic meters on hand, with November imports to meet supply until the middle of the month. There is clearly no shortage, but sales are difficult.

A Savills Q3 2022 real estate market report shows that new supply of apartments for sale in Hanoi rose 235 per cent quarter-on-quarter and 69 per cent year-on-year. In addition to improved supply, apartment transactions also grew positively, reaching 3,605, up 61 per cent quarter-on-quarter and 49 per cent year-on-year. Class B apartment transactions accounted for 64 per cent.

DKRA’s August 2022 Real Estate Market Report shows that products, including apartments, townhouses, villas, and land plots, in Ho Chi Minh City and neighboring provinces have sharply declined both in supply and demand. With the possibility of limits on loans to buy real estate being eased, the market may recover by the end of the year but any change is unlikely in the short term.

Prices of oil, gas, and related products in Vietnam are influenced by both domestic and external conditions.

According to Minister of Labor, Invalids and Social Affairs Dao Ngoc Dung, Vietnam’s labor market is experiencing a partial imbalance in supply and demand as well as uneven development due to an excess of under-qualified and low-skilled workers and a shortage of high-quality human resources. If the latter is not improved, Vietnam will gradually lose its appeal among foreign investors.