Business

The domestic cement industry expects to bounce back in 2024 thanks to the Government's tireless efforts to speed up public investment and implementation of key transport infrastructure projects, along with approving many industrial and urban infrastructure ones.

PM Pham Minh Chinh ordered competent sides to accelerate construction of key transport projects in 2024 to create new development space while chairing the 9th session of the Steering Committee for Key National Transport Projects on February 16.

Vietnam's export earnings in January posted a year-on-year rise of 42% to about 33.6 billion USD – the highest monthly turnover since April 2022 when the figure stood at 33.26 billion USD, reported the Ministry of Industry and Trade.

Argentina's newspaper La Nacion has run an article highlighting the business climate in Vietnam and encouraging the country's firms to explore the Southeast Asian market.

Securities companies still feel optimistic about 2024 and believe that the VN-Index will return close to its historical peak.

Localities in the northcentral region have made concerted efforts and implemented various measures to attract investment, especially foreign direct investment, contributing to socioeconomic development in 2024.

The Middle East has become the fourth largest consumer market of Vietnamese tuna, behind only the United States, the European Union, and the CPTPP market, according to the Ministry of Industry and Trade.

Vietnamese small and medium enterprises are increasingly leveraging the Amazon platform not only to boost product sales but also to successfully establish brands in overseas markets, Amazon's latest report showed.

The year 2024 continues to look good for Vietnam’s foreign investment attraction, as right from the beginning of this year, the country has attracted a host of projects.

Many coffee shops and eateries in Hanoi have remained open throughout the Tet Lunar New Year, attracting a large number of customers from early morning until late at night.

The export turnover of Vietnamese fruits and vegetables to the European Union has increased considerably over recent years, from US$200 million in 2022 to US$399 million in 2023, making the EU the third largest consumer of the Vietnamese products.

While Government expenditure was the main driver for the economy in 2023, local consumption will regain the spotlight in 2024, experts predicted.

Vietnam is viewed as an attractive and potential investment destination with stable policies and abundant human resources, according to foreign businesses.

Vietnam shipped 230,000 tonnes of coffee abroad in January, earning 623 million USD, up 61.6% in volume and 100.3% in value year-on-year, according to the Ministry of Agriculture and Rural Development.

Despite facing global uncertainties, Vietnam's garment and textile industry has set its sights on an export target of US$44 billion this year thanks to efforts made to improve management and promote the application of cutting-edge technology in production, according

The Vietnamese Trade Office in Australia reported that bilateral trade between Vietnam and Australia decreased by 12 per cent in 2023 from the previous year.

Vietnam's office real estate market is showing potential for developing green and flexible models due to the inevitable needs of the international market, especially the Grade A office segment.

The US was Vietnam’s second-largest agricultural, forestry and fishery export market (after China), accounting for 20.7% of Vietnam’s total export turnover. The room for export to this market remains very large as Vietnam has further improved the quality and

Vietnamese electric vehicle maker VinFast will introduce right-hand drive EV models to the international market for the first time as part of its upcoming participation at the Indonesia International Motor Show 2024 slated for February 15 – 25.