Price competition has long been a problem hindering the textile and garment industry from entering the global supply chain. Việt Nam has not had a long-term specific plan for developing raw materials needed for the industry. This remains a weak point seriously affecting the sector.

Long An Province is seeking investment of VNĐ11.2 trillion (US$444.3 million) for a residential area project spanning 215ha and accommodating 30,000 residents.

Many tourists report that their visits to Việt Nam primarily involve sightseeing, beach outings, strolling and taking photos. Tourist destinations still lack a wide variety of entertainment and recreational services.

Vinatex PD&B will handle the design and product development phases within the supply chain, which traditionally held the highest value and were managed by buyers.

The average export price of Vietnamese coffee to the UK in the first half of 2024 reached US$3,941 per tonne, marking an increase of 68.4 per cent year-on-year.

Việt Nam has a prime opportunity to lead in attracting technological "eagles."

Masan Group Corporation (HOSE: MSN) has released its unaudited management accounts for the second quarter of 2024, with net revenues reached VNĐ20.13 trillion (US$794.1 million), a 8.2 per cent increase from Q2 last year, driven by a robust performance in its core consumer-retail businesses.

In the second quarter, gross profit reached VNĐ690 billion, with gross profit margin rising to 20.4 per cent from 19.5 per cent in the previous year.

Cam Ranh is in a strategic location in terms of national defence and security and will be connected to an airport urban area in plans for the development orientation of Khánh Hoà through to 2030.

The 2024 Hà Nội Semiconductor Investment Festival will take place next week, from July 29-31.

Despite an increase in new developments and resumption of a number of stalled projects, primary market inventory of apartments in HCM City remains low, according to a Savills Việt Nam report on the first half of the year.

The laws relating to the property market, such as the Land Law, Housing Law and Real Estate Business Law, are expected to support the sector and the overall economy too.

According to statistics from the State Bank of Vietnam (SBV)’s HCM City branch, real estate credit in the city has maintained a positive growth rate in the past three months. Specifically, March saw an increase of 0.96 per cent and the rise for April and May were 1.15 per cent each.

The 18th International Travel Expo HCM City (ITE HCMC) will be held from September 5 to 7, according to the city Department of Tourism.

A survey of 30,000 enterprises, recently conducted by the Ministry of Planning and Investment, revealed that 53.8 per cent of the respondents said they have been challenged by low domestic market demand.

Despite the remarkable surge in gold prices and the gradual increase in deposit interest rates, the stock market continues to stand out as an appealing investment channel.

Preferential and special offer interest rates are expected to boost credit growth.

More than 2,000 brands are showcasing their products and services at the Vietbeauty & Cosmobeauté Vietnam beauty expo that opened in HCM City on Thursday.

Liquidity hit a record low at VNĐ11.7 trillion (US$462.8 million), a decrease of 34.2 per cent from the previous session. This marked the lowest liquidity level since January 25, 2024.

Việt Nam is likely to be the fastest-growing economy in ASEAN in 2024, a spot it lost to Malaysia and the Philippines in 2022 and 2023, respectively, according to a report released by HSBC’s economists.