Two-way trade reached US$79.43 billion last year, with Vietnamese exports shrinking 12.3 per cent year-on-year to $53.49 billion. 

Sustainable development poses a big challenge for footwear businesses.

Leaders from foreign-invested companies shared their insights with Việt Nam News reporters, discussing their expectations for Việt Nam's economic growth in 2024 and outlining their key focuses for the year ahead.

Statistics of e-commerce data platform Metric showed that Vietnamese spent VNĐ41.5 billion (US$1.7 million) to buy 245,000 áo dài on four e-commerce platforms including Shopee, Lazada, Tiki and Sendo in December, two months before Tết, a rise of 6 per cent against the same period last year.

Vietnamese electric vehicle (EV) maker VinFast will introduce right-hand drive EV models to the international market for the first time as part of its upcoming participation at the Indonesia International Motor Show (IIMS) 2024 slated for February 15 – 25.

The People’s Committee of south central Khanh Hoa province has submitted a request to Prime Minister Pham Minh Chinh to approve the project of “Piloting high-tech marine farming”, worth 1 trillion VND (41.1 million USD).

Prime Minister Phạm Minh Chính has recently issued a dispatch aimed at enhancing logistics connectivity to drive the consumption and export of agricultural, forestry and aquatic products, considering it one of the key tasks in agriculture and rural development.  

Total export-import value in the first month of the year was estimated at $64.22 billion, a rise of 5.5 per cent month-on-month.

Prodexpo, an annual trade fair for the food industry held every February, saw the participation of more than 2,100 companies from 40 countries and territories.

The VN30 Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, rose 1.13 per cent to end at 1,212.70 points.

On HoSE, foreign investors net bought a value of VNĐ186 billion in January 2024, equivalent to 64.7 million shares.

Prime Minister Pham Minh Chinh has recently issued a dispatch aimed at enhancing logistics connectivity to drive the consumption and export of agricultural, forestry and aquatic products, considering it one of the key tasks in agriculture and rural development.

The Government has issued a decree which provides special policies and mechanisms for corporate and personal income tax exemption in Ho Chi Minh City.

Vietnamese firms are participating in the 31st International Exhibition for Food, Beverage and Food Raw Materials (Prodexpro 2024), which is being held in Moscow, Russia, from February 5-9.

Under the new Land Law 2024, the land price list will be published on an annual basis with the first list applied from January 2026.

Manufacturers are engaging in price competition, and dealers are proactively reducing prices on various motorcycle models, ranging from a few million to tens of millions of Vietnamese đồng, depending on the model.

Under the amended Law on Credit Institutions recently passed by the National Assembly, credit institutions do not have the right to repossess collateral.

The leading steel producer contributed the majority of the steel industry's profits in the final quarter of 2023.

State budget revenue from exports and imports in January reached 30.64 trillion VND (1.25 billion VND), equivalent to 8.2% of the estimate, and up 13.2% year-on-year, the General Department of Vietnam Customs (GDVC) reported on February 6.

To incentivize cashless payments, banks are offering customers prizes and bits of gold for making transactions of their apps