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Vietnamese tourists prefer domestic travel
Domestic travel remains a key driver of tourism recovery in Vietnam, a significant 49% of travellers prefer exploring domestic destinations, while 31% prefer to travel abroad.
Foreign investment in Vietnam's real estate surges
In the first 11 months of 2024, registered foreign direct investment (FDI) in Vietnam’s real estate sector surged by 89.1% year-on-year, reaching about US$5.63 billion, according to Avison Young Vietnam’s ‘Vietnam Real Estate 2024: A Year in Review’ report.
PM welcomes US aerospace, defence, security enterprises
Prime Minister Pham Minh Chinh received a delegation of aerospace, defence and security companies under the US-ASEAN Business Council (USABC) in Hanoi on December 18.
Construction industry expands at the highest rate since 2020: ministry
The construction industry is estimated to expand at around 7.8- 8.2% this year, the highest rate since 2020, according to a Ministry of Construction report.
Rubber value soars in 2024: VRA
All Vietnam's rubber’s top 15 export markets saw growth in export values in 2024, with Malaysia recording the highest increase, expanding fivefold, followed by Sri Lanka at 3.7 times, according to the Vietnam Rubber Association (VRA).
Investors wait for a boost in the IPO market
A new chapter is expected to unfold in Vietnam's financial market, as companies across various sectors gear up for their initial public offerings (IPOs), signalling a notable shift in the country's investment landscape.
Retail giants to ensure sufficient supply, steady prices of Tet goods
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% higher than normal.
Hanoi female boxers make their mark at Asian Championships
Vietnamese boxers have demonstrated remarkable progress at the 2024 Asian Boxing Championship recently held in Thailand, particularly the young female fighters from Hanoi who shone brightly.
B2C e-commerce market in bloom
Vietnam’s B2C e-commerce market in 2024 has experienced growth of 18-20% in the first ten months of 2024.
Garment industry urged to gain self-sufficiency in raw materials for UK expansion
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.