Business

Approximately 400 local and foreign firms are expected to participate in the Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies 2024 in Ho Chi Minh City from February 28 to March 1.

The Vietnamese automobile market witnessed a significant sales decline in the first month of 2024, yet businesses and experts forecast that the market may see a breakthrough in the second half of the year.

Bamboo Airways will suspend flights between Hanoi and Con Dao Island in the southern province of Ba Ria-Vung Tau from April as part of its restructuring strategy.

Bernard Healthcare and University of Yamanashi Hospital (Japan) have collaborated to develop the Ningen Dock health screening model in Vietnam through a series of events in January 2024, including the International Cancer Workshop and the Announcement Ceremony of Strategic

Global wealth intelligence firm New World Wealth is predicting that Vietnam will witness wealth growth of up to 125 per cent over the next 10 years.

Vietnam’s aquatic product exports in January surged 60.8% year-on-year to 730 million USD, making a positive signal for the year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.

Vietnamese electric vehicle (EV) maker VinFast said on February 21 that it will break ground for its integrated electric vehicle (EV) manufacturing site in Thoothukudi city, India’s Tamil Nadu state, on February 25.

Thousands of container trucks have been stuck at the Huu Nghi International Border Gate in the northern province of Lang Son waiting to transport goods to China.

The Vietnam Stock Exchange reported revenue of over 1.92 trillion VND (78.26 million USD) in 2023, down nearly 44% compared to the previous year.

Experts from top real estate consulting companies in Vietnam have expressed optimism about development prospects of the real estate market, particularly regarding the office and industrial segments.

Vietnam imported more than 716,000 tonnes of meat and meat products worth US$1.43 billion in 2023, according to the Import and Export Department under the Ministry of Industry and Trade.

Vietnam's rice exports are expected to continue their upward trajectory this year, toward a milestone of 5 billion USD in turnover.

A strong rise in goods consumption without any shortage or price hikes during the Lunar New Year (Tet) festival is considered a push for the growth of the domestic market in the whole year.

The Mekong Delta province of An Giang's Cho Moi District exported its first batch of mangoes to South Korea on Monday.

Vietnam still has effective tools to proactively control the VNĐ/USD exchange rate in 2024 even if the US Federal Reserve has to maintain its interest rates at the current high level for an extended time.

A total of 2.75 quadrillion VND (41 billion USD) went into the property market in 2023, according to the State Bank of Vietnam, an increase of 6.75% in comparison to last year.

The number of Vietnamese billionaires in US dollar has dropped to five in the early months of 2024 from the previous six, reported in April 2023.

Vietnam has pledged tax breaks and other perks to semiconductor companies that help to develop the sector in a Southeast Asian country, according to Japan's Nikkei Asia (asia.nikkei.com).

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.