28.9 C
Ho Chi Minh City
Saturday, March 29, 2025

spot_img

TAG

FTAs

Bright spots in challenging market

Amidst the overall gloomy economic conditions faced by manufacturers in both local and international markets, a few businesses are showing positive signs of growth, managing to navigate through challenges to expand their operations. Rare bright spots While the prevailing economic picture is mostly discouraging, there are a few rare bright spots, particularly in the real estate, construction materials, and logistics sectors. Despite the difficulties experienced by the real estate and construction markets, the industrial plastic sector, including small-sized enterprises, has also faced similar challenges, leading many of them to suspend or sell their businesses due to intense competition. However, Binh Minh Plastics (BMP) stands out as an exception with positive business results. During the first quarter of the year, BMP achieved net revenue of VND1,440 billion, a 6.7% increase compared to the same period last year. Its consolidated profit reached over VND554 billion, representing a significant rise of 73.8%. Similarly, while many real estate companies are facing difficulties that have led to business closures, some property firms have recorded net profit growth in the last quarter. Sunshine Homes (SSH), for example, recorded a growth rate of 409% compared to the same period last year. The company achieved over VND508 billion […]
To read more, please click here.

More challenges ahead

Apart from flagging orders, stringent requirements for clean energy transition, sustainable materials, and low-carbon and eco-friendly production present new challenges to Vietnamese manufacturers Technical barriers The...

HCMC to host first export expo

 The administration of HCMC will hold the first export expo to facilitate trading opportunities for local businesses and manufacturers.

HCMC to host first export expo

HCMC – The administration of HCMC will hold the first export expo to facilitate trading opportunities for local businesses and manufacturers. The event is expected...

The reverse side of export growth

In recent years, Vietnam’s export revenue has soared in tandem with a rising number of lawsuits filed against local companies. Legal actions on the rise In...

New FTA negotiations stepped up to boost exports

HCMC – Vietnamese authorities are expediting negotiations over new free trade agreements (FTAs) with markets that the country has yet to tap. According to the...

Vietnam’s exports at a glance

The export sector will continue to drive Vietnamese economic growth as long as local businesses keep abreast of market swings. Faced with formidable challenges...

Gloomy outlook for exporters of aquatic products next year

 HCMC – The number of orders and the export value of the aquatic products sector have plunged dramatically, though the year-end season usually witnesses...

Latest news

spot_img