HONG KONG'S CRYSTAL GROUP EYES $200 MILLION PROJECT IN NAM DINH
Hong Kong-based Crystal Group unveils its plan to build a $200 million project for yarn, fabric, and garment production in the northern province of Nam Dinh. The information was revealed at the meeting between Crystal Group and Nam Dinh People's Committee on January 12.
VIETNAMESE INDUSTRIES EYE AMBITIOUS EXPORT GOALS IN 2024
With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6 per cent in 2024, running a trade surplus for nine years in a row, estimated at US$15 billion. Capitalising on current free trade agreements (FTAs) and signing deals with new markets such as Israel or the UAE would be vital to foster trade, attract investments, and increase exports in the upcoming years, said the ministry.
BANKS REMAIN PRUDENT ABOUT 2024 TARGETS
Major state lender Vietcombank has just released its 2023 figures, with results across a variety of areas exceeding expectation. The Hanoi-headquartered bank saw $59.5 billion in deposit volume, up over 12 per cent on-year, and outstanding balances amounting to $53.58 billion, showing a 10.6 per cent jump on-year.
INVITATION TO SUPPORT INTERNSHIP SCHEME FOR LOGISTICS AND SCM STUDENTS AT HUTECH UNIVERSITY
I hope this message finds you well. We are reaching out to seek your support for Hutech University's Internship Scheme within the Faculty of Business Administration, specifically focusing on the Logistics and Supply Chain Management major.
DEVELOPING SUPPORTING INDUSTRIES TOWARDS BUILDING A SELF-RELIANT INDUSTRY
A report by the Industry Department under the Ministry of Industry and Trade says that the underdeveloped supporting industry left Việt Nam unable to be self-sufficient in production inputs, leading to a significant dependence on imported spare parts and raw materials.
TEXTILE EXPORTS IN 2023 FACE MOST DIFFICULT YEAR IN THREE DECADES
This year is predicted to be difficult for textile and garment businesses following a challenging 2023. Expanding customer bases and diversifying products are the necessary solutions to maintain production and grow businesses, experts say.
POSITIVE SIGNALS LIFT THE STOCK MARKET
The VN-Index reported a positive start to 2024, with six consecutive sessions of gains. The return of banking stocks leading the market’s trend and a surge in liquidity signal significant capital entering the stock market.
2024 FORECASTS OPTIMISTIC FOR INDUSTRIAL PROPERTY, HOUSING, M&A
The industrial property segment is likely to lead the real estate market in terms of growth while the housing segment is expected to become more active, according to experts. Despite a gloomy year for the market in 2023, the industrial property segment stood out as a bright spot with increased demand and rentals.