Export revenue of the leather, footwear and handbag sector is predicted to hit US$26-27 billion in 2024 on the basis of the positive results seen so far, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).
Authorities have continuously warned Vietnamese businesses to stay prudent when trading with foreign partners in the face of a recent scam increase.
VOV.VN - The economic potential of the Vietnamese market is undeniable, and the European business community remains confident in its long-term growth, said the European Chamber of Commerce in Vietnam (EuroCham) in its Business Confidence Index (BCI) report for the second quarter of the year.
Prime Minister Pham Minh Chinh had a working session on July 13 with ministries and localities in the Mekong Delta to resolve obstacles and promote strategic transport infrastructure development, after concluding two fact-finding trips to expressway construction projects.
In a move to unlock the economic potential of Vietnam's mountainous areas, the International Cooperation Department (ICD) under the Government Committee for Ethnic Minority Affairs has joined hands with the Institute for International Investment Studies (ISC) through a strategic cooperation agreement.
A recently approved labour and employment strategy of Ho Chi Minh City outlines potential challenges and opportunities for its workforce between 2023 and 2030.
Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) reported an after-tax loss of VND26.77 trillion (US$1.053 billion) on high electricity production costs, according to its audited financial report.
VOV.VN - With US$54.3 billion in export earnings, the US represented Vietnam's largest export market in the first half of 2024, and exports to the highly lucrative market are forecast to see continued growth in the time ahead.
Metfone, an affiliate of the Viettel Military Industry and Telecoms Group, is a typical model for the economic cooperation between Vietnam and Cambodia, President To Lam affirmed on July 13 when visiting the leading mobile operator in Cambodia as part of his state visit to the neighbouring country.
Vietnam boasts advantages and potential in agricultural production and export, yet domestic firms need to do more to join the global food supply chain more intensively, insiders have said.