Economy

Vietnamese e-commerce platforms’ revenues fell significantly in the third quarter of this year, while foreign platforms saw considerable expansion, according to a recent report by e-commerce data company Metric.

Steady annual growth in FDI is a key driver of industrial real estate in Vietnam, according to Savills’ Asia Pacific Investment Quarterly report for the third quarter of the year.

Vietnam’s e-commerce market is estimated at 22 billion USD this year, ranking third in Southeast Asia behind Indonesia (65 billion USD) and Thailand (26 billion USD).

Vietnam's pepper exports saw a 1.9% year-on-year decrease in volume but a significant 48% increase in value thanks to higher prices in the first 10 months of 2024.

On November 6, 2024, the Provincial People's Committee issued Plan No. 3265 on implementing tasks and solutions to improve and enhance the Provincial Green Index (PGI) for the period 2024-2025 in Long An province.

Over 350 experts will gather this month in the Mekong Delta province of Dong Thap to discuss promoting green economic development in the region.

The North-South express railway project will create a significant opportunity for Vietnam's mechanical and construction industries to advance in technology.

While many farmers are struggling because of unstable agricultural prices due to adverse market fluctuations, cooperatives and many farmers still have stable profits thanks to the application of high technology.

Vietnamese enterprises need to make efforts to innovate, proactively improve competitiveness, and participate in new supply chains to boost exports to Asia, said trade official.

Vietnam has become the fifth-largest tea exporter in the world with 108,000 tonnes exported by the end of September, generating a turnover of 189 million USD.

In recent times, the agricultural sector of Long An province has focused on improving and standardizing the quality of agricultural products to increase competitiveness and improve output prices.

In recent years, many cooperatives in Long An province have actively participated in the “One Commune One Product” (OCOP) program, contributing to improving product quality, increasing competitiveness, etc.