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The Textile Industry’s Steady Growth: Rising Above Challenges

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In 2024, the textile industry achieved remarkable growth, with exports reaching 44 billion USD, an increase of 11.26% from the previous year. The industry has set its sights on an ambitious target of 47-48 billion USD for 2025. However, it is currently facing several challenges, including limited access to large orders, stagnant unit prices, and reliance on external sources for raw materials.

Launching the “National Focused Promotion Program 2024”

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Vietnam Grand Sale 2024 is a nationwide event taking place from December 2nd to 31st, 2024, offering promotions of up to 100% discounts. This is an excellent opportunity to boost domestic sales and engage with a recovering local market.

Suburban Land Auctions: Where Dreams Die and Prices Soar

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After land auctions with thousands of participants, where prices were driven up to 5-14 times their starting value, recent land auctions have been plagued by further instability. Bidders offered prices of up to 30 billion VND per square meter in one round, only to offer zero in the next, or participants abruptly left the auction midway.