FDI firms attract most workers in past 5 years

Exports, in addition to consumption and investment, play a crucial role in propelling Vietnam's economy beyond challenges, aiming to swiftly revive it.

Japan is the partner that has signed the most bilateral and multilateral free trade agreements (FTAs) with Vietnam which open up many opportunities for stronger trade cooperation between the two nations, according to Tran Quang Huy, Director of the Ministry of Industry and Trade's Asia-Africa Market Department.

Statistics of the General Department of Customs showed that the export of garments fell by 12.9% to 27.7 billion USD in the first ten months of this year, and that of footwear by 18.3% to 16.4 billion USD.

VCN - During the 6th session, the 15th National Assembly officially approved the Resolution on the Economic and Social Development Plan for 2024 with 15 key targets, including the goal of achieving a Gross Domestic Product (GDP) growth rate of 6-6.5%. To achieve the growth objectives outlined in the Resolution, experts believed there were a need to vigorously promote the "three-horse carriage" of investment, consumption, and exports. Additionally, efforts should continue to explore new growth drivers for the Vietnamese economy.

VCN - Unlike the gloomy atmosphere of the first months of the year, this time many businesses in Binh Duong are receiving more positive information with significantly improved export orders. ​

Many domestic rubber firms are pursuing a green strategy in an effort to reduce waste and verify sustainable forest management certificates to better promote the Vietnamese rubber brand globally.

Clams are one of main aquatic products of Vietnam. This is also a popular product in many markets such as the Europe, US, Japan, Malaysia and Australia, among others. In recent years, many localities and businesses have made strong investments in sustainable production in order to achieve international certifications, creating a foundation for Vietnamese clam exports to expand.

Statistics of the General Department of Customs showed that the export of garments fell by 12.9% to 27.7 billion USD in the first ten months of this year, and that of footwear by 18.3% to 16.4 billion USD.

VCN - Through the first ten months of 2023, the number of businesses dissolving and withdrawing from the market is increasing. This is an issue that needs attention from management agencies, thereby requiring solutions to promote the entrepreneurial spirit of businesses in difficult circumstances.