Ryan

Ryan

Premium Brand Representatives Triple Profits in Vietnam

Distributors of prestigious brands like Louis Vuitton, Chanel, Dior, and Hermès in Vietnam reported profits of VND3.8 trillion ($156.57 million) in 2022, witnessing a remarkable 270% year-on-year increase, according to the latest data from a market research company. The collective…

Positive Developments in the Region Boost Vietnam’s Prospects

Despite the Vietnamese economy’s growth falling below expectations in 2023, it continues to be one of the fastest-growing in the region, thanks to the resurgence of corporate confidence. The General Statistics Office (GSO) recently reported a 5.05% increase in the…

Anticipated Growth in Vietnam’s Manufacturing Sector for 2024

Manufacturing is poised to see growth this year, fueled by expectations of recovery in both domestic and export markets, coupled with expansion plans, as per S&P Global reports. The S&P Global Vietnam Manufacturing Purchasing Managers’ Index (PMI) recorded 48.9 points…