The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
Vietnam's domestic market still holds significant untapped potential, and stimulating domestic consumption is a vital strategy to drive economic growth in the near future, according to economic experts.
Despite record production and ample stocks, the Philippines is expected to import a record volume of rice in the 2024-2025 crop year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture.
Prime Minister Pham Minh Chinh on November 26 ordered the continuation of developing the domestic market and boosting consumption in the remainder of the year.
Many programmes on promoting consumption until year end have been launched to boost domestic consumption growth, one of the three important pillars of the economy.
Thailand's economic expansion accelerated in the second quarter on the back of stronger consumption, tourism, and exports, but analysts said policy uncertainty following a change in government clouds the outlook.
Auto sales in Vietnam in July increased 9% from the previous month to 28,920 units, the Vietnam Automobile Manufacturers’ Association (VAMA) announced on August 13.
Vietnam could reach the GDP growth target of 6-6.5% set by the National Assembly on the back of strong investment, export, and consumption, according to experts.
Bac Lieu has set developing hi-tech shrimp farming models as a primary direction to make the Mekong Delta province the "national shrimp industry hub" and develop the "Bac Lieu clean shrimp" brand.
After successfully conquering international markets, many businesses have returned to conquer the domestic market as more and more customers choose to buy Vietnamese products.
All the three economic growth drivers of investment, export, and consumption have good opportunities in 2024, Deputy Minister of Planning and Investment Tran Quoc Phuong told the Government’s regular press conference on December 6.
Although most businesses believe that the food and beverage industry market will improve in the remaining months of this year, 15.4% of respondents in a recent survey of Vietnam Report think that the industry will face more difficulties.
High-quality processed goods, organic agricultural products and many regional specialties are being displayed at the Week of Exhibiting Vietnamese Enterprises’ Goods, which opened at AEON Tan Phu Celadon in Ho Chi Minh City on October 5.
Important factors when choosing a brand include reasonable price, safety and hygiene, healthiness, reliable brand name, sustainability and environmental friendliness.
Vietnam’s economic growth is projected to be still positive in the short term, according to the London-based audit service supplier PricewaterhouseCoopers (PwC).
The Tourism Authority of Thailand (TAT) is still positive on the growth of domestic tourism in the country to reach 200 million trips this year despite tepid consumption.
