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TEXTILE EXPORT TURNOVER HITS 44 BILLION USD IN 2024
According to the Vietnam Textile and Apparel Association, Vietnam's textile and garment industry has fulfilled its 44-billion-USD export turnover target in 2024. The US remains the largest export market with an estimated export turnover of 16.71 billion USD, up 12.33% and accounting for 37.98% of the total turnover, followed by Japan, EU, the Republic of Korea, China, and ASEAN.
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FIRMS EXPECT STRONGER Q4 ACTIVITY DESPITE COST, FINANCING PRESSURES
More than VNĐ5 quadrillion is registered to be poured into the economy in the first nine months of this year, up 6.1 per cent. Enterprises are expecting stronger business and production in the last quarter of this year, with new orders, output and labour demand set to improve, although high input costs and cash-flow constraints remain major concerns, according to a survey by the National Statistics Office (NSO) released late last week.
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LOW-ALTITUDE ECONOMY COULD GROW TO $500 MILLION BY 2035
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COSMOPARK ECO INDUSTRIAL ZONE – A STRATEGIC DESTINATION FOR HIGH-TECH AND SUSTAINABLE INVESTMENT IN SOUTHERN VIETNAM
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THE REVERIE SAIGON AND ZS HOSPITALITY UNVEIL LYS: A SOFT FRENCH IDENTITY BLOOMS IN HO CHI MINH CITY
On 15th October, an expressive new story unfolds at The Reverie Saigon as Hong Kong-based ZS Hospitality marks its international debut with Lys. Rooted in a gentle, contemporary French culinary identity, Lys combines quiet refinement, luminous local freshness and poetic personal connection bridging Italy and Vietnam. The opening is a pivotal moment, contributing to the collective ambition of establishing Ho Chi Minh City as one of Asia’s premier gastronomic destinations.
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VIETNAM’S REGISTERED FDI SURPASSES $50 BILLION IN NINE MONTHS
According to the National Statistics Office under the Ministry of Finance, total registered foreign direct investment (FDI) reached $50.36 billion as of September 30, up 76.4 per cent on-year. Of the total, newly registered capital came from 3,108 newly licensed projects with combined registered capital of $29.24 billion, up 6.2 per cent in project numbers and 2.4 times the registered capital compared with the same period last year.
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