- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news business news
China was the only market that witnessed positive growth in Vietnam’s farm exports in 2023, while negative growth rates were reported for all other key markets.
The five e-commerce platforms in Vietnam - Shopee, Lazada, Tiki, TikTok Shop and Sendo - have reported total revenue of $232.2 trillion in 2023, an increase of 53.4 percent over 2022.
The rapid development of e-commerce is causing a series of commercial townhouses to close down, while shopping centres still have a stable number of customers due to positive online sales channels and sharing turnover methods.
Entering the market is already difficult, but maintaining market share can be even more difficult.
According to financial statements of banks, the total net profit from securities investment of 12 banks in Q4 2023 increased by 195 per cent to more than VNĐ5.6 trillion, while trading securities also brought in more than VNĐ300 billion.
Businesses, supermarkets and petty merchants at traditional markets have prepared large inventories for the Tet sale season, but sales have been going slowly as people have cut back on spending.
Air tickets for flights on some routes with departure on peak days, from February 1 to February 19, are running out, according to the Civil Aviation Authority of Vietnam (CAAV).
The conference attracted participation from VN trade offices abroad, relevant agencies and businesses from 63 provinces and cities across the country.
As production and business results in 2023 were unsatisfactory for some businesses, low Tet bonuses were foreseeable. But workers see signs of recovery in the Year of the Dragon.
Vietnam is the second largest exporter of footwear in the world, with its estimated export volume accounting for 10% of the world’s market share.
The Ministry of Industry and Trade held a trade promotion conference in Hanoi on January 31 in an effort to boost trade promotion and market development in 2024.
The US Chamber of Commerce is reviewing the process of recognizing Vietnam’s market economy status, hoping to make it in time by June 2024, revealed US Ambassador to Vietnam Marc Knapper.
In 2024, the Government plans to improve the business environment through comprehensive reforms, policy changes and supporting businesses in 2024.
Vietnam earned 5.14 billion USD from agro-forestry-aquatic exports in January, a year-on-year surge of 79.2%, the Ministry of Agriculture and Rural Development reported.
High demand during the Tet shopping season has prompted commercial banks to introduce credit offers worth hundreds of billions VND for consumers, said industry experts and insiders.
The domestic car output in the first month of 2024 fell sharply compared with the previous month, but was still higher than the same period last year.
It’s the second project in the aerospace industry in the city after a project by Vietnam UAC Ltd.Co.
Vietnam expects its agricultural export value to China to increase sharply this year, as China agrees to review regulations permitting official exports of poultry meat from Vietnam to this market.
The USD/VND exchange rate has seen notable developments in the first month of 2024 when it increased significantly in both official and free markets.
Vietnam's tourism industry stands at the threshold of a remarkable milestone, with experts asserting that an impressive figure of 14-15 million foreign visitors could be achieved this year, provided unexpected issues are kept at bay.