With its large young population and rising disposable incomes, Vietnam is an attractive market for manufacturers and distributors of skincare products, according to industry insiders.

The number of new enterprises and those resuming their operation this month reached 27,335, up 5.5% year-on-year, and more than 1.3 times higher than the average figure in the 2018-2023 period, statistics show.

The electronics sector accounts for 17.8% of Vietnam’s industry, placing the nation among the world’s top 15 largest exporters of this kind of product.

VOV.VN - While the tide of global trade has yet to stage a meaningful rebound, Vietnam has started the second half of the year with some stabilisation in its external sector, according to July’s data on the Vietnamese economy released by HSBC.

VOV.VN - The industrial real estate market proves highly lucrative thanks to stable foreign direct investment (FDI) inflows, according to industry insiders.

VOV.VN - The Government is likely to submit to the National Assembly this October a draft policy relating to the global minimum tax which is scheduled to take effect on January 1, 2024 globally, said Dang Ngoc Minh, deputy head of the General Department of Taxation under the Ministry of Finance.

VOV.VN - Foreign businesses continue to place their trust in Vietnam by injecting more than US$13 billion into registered projects throughout the country during the first six months of the year, despite a general downward trend occurring globally.

Investment from the Republic of Korea (RoK) in Vietnam is expected to accelerate in the near future, including many large-scale projects worth up to billions of US dollars as a series of memorandums of understanding (MoUs) on cooperation between the two countries' ministries, sectors, and businesses were signed at the Vietnam - RoK Business Forum recently.

VOV.VN - The Hai Phong City People's Committee hosted a conference on June 26 to grant an investment registration certificate regarding raising the adjusted capital for LG Innotek's project, which will take place during the 2023 to 2025 period, by US$1 billion.

VOV.VN - With 9,666 projects capitalised at over US$81.5 billion, the Republic of Korea (RoK) has retained its position as the leading foreign investor in Vietnam, according to the Ministry of Planning and Investment (MPI).