Việt Nam's footwear and leather industry is poised to achieve US$26-27 billion in export in 2024, marking a $3 billion increase from the previous year, as they country has well capitalised on the signed free trade agreements to bolster shipment, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).

PNJ reported net revenue of VNĐ35.2 trillion (US$1.38 billion) and after-tax profit of nearly VNĐ1.9 trillion ($74.6 million) for the first 11 months of 2024, year-on-year increases of 19.4 per cent and 8.3 per cent.

The Data Centre project is set for an investment of US$200 million and occupy the entire land area of the TRLC Factory Zone project.

Significant economic policies will come into effect on Wednesday, aiming to strengthen management and ensure transparency and compliance with the law.

Starting from July 1, 2025, the 12-digit personal identification number issued by the Ministry of Public Security will officially replace tax identification numbers for all purposes.

A total of 120 foreign suppliers have registered, declared and paid taxes worth more than VNĐ8.68 trillion (US$341 million) through the General Department of Taxation (GDT)’s e-portal this year, up by 26 per cent year-on-year and 74 per cent compared to the annual target.

Textile, garment, leather, and footwear industries have developed strongly and are increasingly important in the country’s economic growth.

Vietnam Airlines is set to achieve a record pre-tax profit of VNĐ7.32 trillion (US$287.7 million) in 2024, ending four years of losses.

One of the country's biggest banks expects results to be the best for four years.