Retail sales in HCM City reached VNĐ567.98 billion (US$22.36 million) in 2024, a year-on-year rise of 11 per cent, the municipal Department of Industry and Trade has reported.
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Agriculture sector records trade surplus this year 17/12
This year, the agriculture sector's production value is estimated to increase by over 3.2 per cent, while agricultural, forestry and fishery export value is expected to reach a historic high of $62.4 billion, up 18 per cent year on year.
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Vietnam's gaming industry reaching high score in entertainment sector 17/12
Vietnam’s gaming industry has taken a significant stride in 2024, with many important activities conducted by the Ministry of Information and Communications (MIC) in collaboration with game producers and distributors to guide the growth of the sector.
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Vietnam’s garment-textile exports expected to reach US$44 billion this year 17/12
Vietnam’s garment-textile export value is expected to reach US$44 billion in 2024, marking an 11.26 per cent increase from 2023, according to the Vietnam Textile and Apparel Association (VITAS).
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Vietnam’s e-commerce boom: a US$5.8 bln opportunity by 2028 17/12
Vietnam’s business-to-consumer (B2C) e-commerce export value is estimated at VNĐ145.2 trillion (5.8 billion) by 2028, with micro, small and medium-sized enterprises (MSMEs) projected to contribute 25%.
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E-commerce: a gateway to boost Vietnamese commodities in the UK market 17/12
E-commerce stands out as a promising channel to further enhance Vietnam’s trade presence in this dynamic market.
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Retail giants to ensure sufficient supply, steady prices of Tet goods 17/12
Saigon Co.op has stockpiled more than 12,000 tonnes of essential goods traditionally consumed for the upcoming Lunar New Year (Tet) holiday in late January, or 30-50 per cent higher than normal.
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Failure of a Chinese giant in a competitive retail market 16/12
Temu, owned by Chinese e-commerce giant PDD Holdings, is considered one of the world’s fastest-growing e-commerce platforms, with sales estimated at $30 billion by the year-end. It started allowing shoppers from Vietnam in October.
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Vietnam’s GDP growth poised for robust growth in 2024: officials 16/12
With 2024 nearing its end, Vietnam's GDP growth is set to surpass the 7 per cent target, driven by efforts from ministries and sectors, says Deputy Minister of Planning and Investment Tran Quoc Phuonng.
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B2C e-commerce market in bloom 13/12
It has been projected by 2025, the country’s e-commerce market will surpass US$25 billion, according to a report from the Ministry of Industry and Trade (MoIT).
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Garment industry urged to gain self-sufficiency in raw materials for UK expansion 13/12
Vietnam’s garment and textile industry needs to develop a closed-loop supply chain with a focus on obtaining self – sufficiency in raw materials in order to meet the rules of origin under the UK – Vietnam Free Trade Agreement (UKVFTA) for expanding exports to this market.
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PM orders swift resolution of challenges for renewable energy projects 13/12
With investments in renewable energy projects totalling more than VNĐ308 trillion (US$13 billion), delays in putting projects into operation waste immense social resources
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Vietnam’s growth prospects remain resilient amid global challenges: forum 13/12
Vietnam’s economy is expected to exceed 7 per cent growth this year and continue rising next year, despite uncertainties from a potential second Trump presidency and global economic challenges, experts said.
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Standard Chartered forecasts US dollar trends and highlights Vietam’s positive but cautious outlook in 2025 12/12
Standard Chartered has released its latest macroeconomic updates for Vietnam, forecasting the US dollar will strengthen in 2025 but weaken early in the year. The bank expects strong GDP growth of 6.7 per cent in 2025, with growth easing from 7.5 per cent year-on-year in the first half of the...
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NA Standing Committee gives nod to the foundation of an investment support fund 12/12
It is necessary to issue a decree on the foundation, management and use of the investment support fund to attract strategic investors and multinational corporations to Vietnam, the National Assembly Standing Committee agreed at a meeting on Wednesday afternoon.
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