Việt Nam becomes second biggest garment exporter globally

Việt Nam’s garment and textiles export is projected to hit nearly US$44 billion this year, positioning the country as the world’s second biggest exporter, only behind India, said General Director of the Vietnam National Textile and Garment Group (Vinatex) Cao Hữu Hiếu.

Việt Nam’s 2024 export performance overview

With proactive measures to support domestic production and expand export markets, Việt Nam's trade activities have shown strong recovery, becoming a bright spot in the economy. Explore Vietnam’s remarkable export growth, trade surplus achievements and key markets in this data-driven visual journey.

Insurance companies have moderate capital increases

The exploitation of new insurance premium revenue in Việt Nam has decreased sharply over the past few years, which has caused the parent companies to not prioritise investing in their Vietnamese insurance subsidiaries as in the past.

Việt Nam’s real estate market on a path to recovery

Many real estate developers continue to face difficulties in meeting their profit targets this year, with data showing a significant drop of 20 per cent in revenue and 43 per cent in profit, primarily due to a sharp decline in sales in 2023.

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