Việt Nam News

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.

Việt Nam has consistently been one of Laos's top three largest trading partners, with bilateral trade reaching US$928 million by the end of June, an annual increase of 11 per cent.

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.

After more than four years, Hà Nội leads the country in the number of products evaluated and classified under the 'One Commune One Product' (OCOP) programme.

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.

The 9 per cent increase in profit during the second quarter was mainly due to better gross profit margins and lower sales and administrative expenses.

The margin lending market is heavily concentrated, with over 90 per cent of the total debt held by the top 25 securities firms.

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.

Throughout most of the day, the VN-Index traded above the reference level, maintaining a relatively stable range and closing the session higher.

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 decision on Việt Nam's market economy status, a move that could boost the country's exports, is now expected to be announced on August 2.

While HCM City’s services sector has seen great growth and makes a big contribution to Việt Nam’s GDP, it faces several limitations that hinder its development.

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.