The city’s total import-export turnover reached US$60.1 billion in 2024, up 11% year-on-year.

The city will continue to support businesses in exploring new markets, capitalizing on the Free Trade Agreement of which Vietnam is a member.

Local consumers prefer shopping options that offer convenience and assurance of product origin.

Officially launched in November 4, the Hanoi Promotion Month has attracted a high number of visitors to participate in a series of events in the Promotion Month. Especially in 02 “Golden Promotion Days” on November 18-19, the event has attracted hundred of thousands of visitors.

Seeing more contracts signed since June, the Vietnam Food Association has revised its target of exporting rice this year by 400,000 tons to 5.6 million tons.

The total premiums collected by insurers in Vietnam stood at 84,186 billion Vietnamese dong (over 3.7 billion U.S. dollars) in the first 10 months of this year, up 20.4 percent on-year, the Insurance Supervisory Administration under the country`s Finance Ministry said on Monday.

Vietnam has become an attractive market for Japanese retailers with the popularity of Japanese goods in the domestic market.

In recent years, Japanese consumer goods are becoming familiar to Vietnamese customers.

Hanoi’s economy could see an extra US$600 million per year as a result of moving away from physical money and conducting the majority of transactions electronically.

In order for the Vietnam leather and footwear industry to infiltrate EU market, enterprises must have specific plans and strategies.

According to statistics of the General Department of Vietnam Customs, in October, Vietnam has recorded trade surplus at 2.18 billion USD, thus taking the trade balance of Vietnam in the first 10 months to be at positive of 2.56 billion USD.

Vietnam`s clothes and footwear market is estimated to hit 358 million U.S. dollars in 2017, and 988 million U.S. dollars in 2022, local media on Friday quoted surveys by foreign firms as reporting.

The textile and garment industry needs appropriate policies to meet this year’s export revenue target of US$28-$29 billion, Le Tien Truong, General Director of the National Garment and Textile Group (Vinatex), said.

In order to improve the product quality, Vietnam’s food enterprises should invest and develop along the value chain.

In recent years, international fast fashion brands have expressed interest in Vietnam’s market. However, while Vietnamese customers are anticipated to for new fashion brands coming to Vietnam, domestic enterprises are under pressure to compete with new players.

On November 15, the Vietnam Foodexpo 2017 has officially opened at the Saigon Exhibition and Convention Center (SECC).

The 2017 Vietnam-China International Trade Fair in Vietnam`s northern Lao Cai province has concluded, with eight economic contracts worth over 258.3 million U.S. dollars signed, the provincial authorities said on Thursday.

The 2017 Vietnam-China International Trade Fair in Vietnam`s northern Lao Cai province has concluded, with eight economic contracts worth over 258.3 million U.S. dollars signed, the provincial authorities said on Thursday.

According to the Research Institute, in period 2016 – 2020, the growth rate of Vietnam’s retail market will be 22.9% per year, with the market scale to be 179 billion USD by 2020. As such, Vietnam is considered as one of the 30 most attractive retail markets of the world.

The negotiation of Vietnam – EU Free Trade Agreement (EVFTA) was concluded at the end of 2015. There are numerous reasons for Vietnamese enterprises to anticipate the EVFTA coming to effect. In which, benefits in trade and investment are considered the most important motivation.

The State Bank of Vietnam will issue regulations on bank card operation in a move to bolster safeguards against fraudulent payments, which have plagued some banks in recent years.

According to Bloomberg, Vietnam’s biggest private airline VietJet Aviation JSC considers California as its first U.S. destination starting about 2019.

Bilateral trade between Vietnam and the Republic of Korea has increased by 100 times from US$500 million in 1992 to over $50 billion estimate this year.