Hanoi (VNA)🗹 – The capital city of Hanoi recognises both potential and challenges in preserving its traditional craft villages, especially in the modern economy.
Hanoi is home to more than 1,300 craft villages, accounting for roughly one-quarter of the national total. These villages collectively generate over 24 trillion VND (nearly 1 billion USD) annually, making a significant contribution to Hanoi’s Gross Regional Domestic Product (GRDP).
Some villages have reported remarkable earnings. For example, Son Dong, famous for its fine art wood carving, generates over 1 trillion VND annually, while Phung Xa, known for metalworking, more than 1.2 trillion VND annually.
These figures highlight the strong trade potential of traditional crafts.
Recognising this, the government has launched numerous policies to support preservation and development efforts.
Prime Minister Pham Minh Chinh approved a national programme on restoring at least 129 traditional crafts and 208 villages by 2030.
The programme also ensures that more than 80% of craft villages operate effectively and that handicraft exports from these villages reach 6 billion USD.
Grass weaving craft in Hanoi's Phu Tuc commune. (Photo: VNA)
Hanoi, known for having the highest number of craft villages in the country, has incorporated the preservation and development of these villages into its 2024 Capital Law.
Recently, the city unveiled a master plan for the development of craft villages, outlining objectives up to 2030 and a vision extending to 2050.
The city aims to restore at least five traditional crafts and craft villages that are at risk of disappearing by 2030.
Investments will also be made in infrastructure and the restoration of traditional cultural spaces.
Hanoi plans to develop at least three craft villages in conjunction with tourism and establish 10 tourism routes featuring craft village experiences.In a significant step toward global integration, Bat Trang pottery village and Van Phuc silk village recently joined the UNESCO Creative Cities Network in crafts and folk art.
This recognition opens up new opportunities for international cooperation, trade, and cultural tourism.
Speaking at a recent meeting with outstanding artisans across the country, State President Luong Cuong emphasised the importance of revitalising craft villages as part of Vietnam’s development strategy.
He also acknowledged ongoing difficulties, especially as global markets demand higher standards and innovation.
Nguyen Van Vu, Vice Chairman of the Vietnam Association of Craft Villages, pointed out that most craft villages in Hanoi operate on a small, family-run scale.
This lack of coordination and large-scale planning hampers their ability to adapt when market conditions change.
Moreover, environmental pollution remains a pressing issue due to unregulated production and the absence of centralised manufacturing zones.
Another serious concern is about human resources.
Traditional craft villages are not only cultural heritage sites but also key sources of employment.
Yet many young people are turning away from traditional crafts in search of other opportunities, leaving a gap in the labour force and putting centuries-old traditions at risk of extinction.
Reviving Hanoi’s craft villages will require more than just financial investment.
A long-term, coordinated approach involving education, infrastructure, and community engagement is essential to ensure these cultural treasures continue to thrive in the years ahead./.
Van Phuc Silk Village, along with Bat Trang Pottery Village, has been recognised as a member of the global Network of Creative Craft Cities at a recent ceremony in Hanoi. Despite historical fluctuations, Van Phuc silk weaving has endured for over ten centuries and continues to thrive as a renowned traditional craft of the imperial capital. Today, Van Phuc silk remains popular domestically and is also exported to numerous countries worldwide.
The craft village and creative design festival 2024 opened in Hanoi's Thuong Tin district on October 11, alongside an exhibition featuring the district's One Commune-One Product (OCOP) products and handicrafts.
Foreign direct investment (FDI) inflows into Ho Chi Minh City rebounded strongly in the first seven months of 2025, reaching nearly 6.2 billion USD, up 45.67% year-on-year after a slowdown last year.
To meet the ambitious annual target of 47–48 billion USD, the sector must now achieve monthly exports of over 4 billion USD during the remaining months of the year.
The Airbus A321NX is the first in a fleet of eight modern aircraft scheduled for delivery and operation throughout 2025, marking the beginning of Sun PhuQuoc Airways’ carefully planned investment strategy to build a modern fleet operating with safety, stability, and world-class standards.
Experts say that after over a decade of implementation, the credit growth quota policy is currently inappropriate and is criticised for creating an “ask and give mechanism”, hindering people and businesses from accessing bank loans.
The country's industrial growth in the period was largely fuelled by the manufacturing and processing sector, which expanded by 10.3% and contributed 8.5 percentage points to the overall IIP.
VietnamUSA.Arobid.com is Vietnam’s first B2B e-commerce platform dedicated to helping Vietnamese enterprises access the US market, a vast and promising market, yet one that is highly demanding in terms of standards, tariffs, and distribution channels.
The Vietnamese booth featured fresh durian, durian ice cream, durian cakes, and other fruits such as dragon fruit and passion fruit, attracting strong interest from Beijing residents and ASEAN diplomats.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.