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VIETNAM ECONOMY INVESTMENT

TOTAL FDI REGISTERED IN VIETNAM HITS 31.4 BILLION USD IN JANUARY-NOVEMBER

As of November 30, 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors in Vietnam reached nearly 31.4 billion USD, up 1% increase compared to the same period last year.

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GARMENT / TEXTILE

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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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

TRANSPORT MINISTRY EYES 70 KEY INFRASTRUCTURE PROJECTS IN 2025

The Ministry of Transport today, December 30, announced that it would advance 70 infrastructure projects in 2025, including 19 new starts and the completion of 51 existing ones. The announcement came at a conference reviewing the ministry’s 2024 performance and outlining its 2025 priorities.

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VIETNAM ECONOMY INVESTMENT

FOOTWEAR INDUSTRY SET TO GAIN $27 BILLION IN EXPORT THIS YEAR

Việt Nam's footwear and leather industry is poised to achieve US$26-27 billion in export in 2024, marking a $3 billion increase from the previous year, as they country has well capitalised on the signed free trade agreements to bolster shipment, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).

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BANKING / FINANCE / INSURANCE / TAX

FORECAST UPBEAT FOR BANKING INDUSTRY IN 2025

They explained that the real estate market has gradually recovered, while the Government has also been promoting public investment. These factors will help stimulate an increase in credit demand, which will support banks' lending yields in the second half of 2025.

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VIETNAM ECONOMY INVESTMENT

VIETNAM’S REAL ESTATE MARKET ON A PATH TO RECOVERY

Despite these difficulties, housing demand remains robust, with a healthy absorption rate reflecting strong growth in mortgage activities. This trend signals recovery, especially in buyer confidence. One of the pivotal factors driving the gradual recovery of the real estate market in 2024 was the introduction and implementation of over 20 circulars and decrees in Q3 and Q4 this year.

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VIETNAM ECONOMY INVESTMENT

FOCUS ON DEVELOPING KEY INDUSTRIES

Based on the Provincial Planning, Ben Tre is determined to develop industry both intensively and extensively. At the same time, the province promotes the development of coconut, seafood, energy, supporting and other potential industries into key industries.

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VIETNAM ECONOMY INVESTMENT

CUSTOMS SECTOR PREPARES FOR ORGANIZATIONAL RESTRUCTURING

During the conference, the General Department underscored the importance of implementing Resolution 18-NQ/TW, which outlines the plan and direction for organizational restructuring and streamlining.


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