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May 5, 2024

Hanoi Businesses Anticipate Better Performance in Q2/2024

Hanoi businesses, including Traphaco, TopCare Vietnam, Thuong Dinh Footwear Company, and CODY Pharma International, are expecting improved performance in the second quarter of 2024. Traphaco aims for 7% sales growth and 6% profit growth in 2024. The pharmaceutical industry in Vietnam is predicted to have 9.1% growth in 2024, with positive signals in the ETC channel. The General Statistics Office forecasts 5.8-6.2% GDP growth in the first half of 2024 and an annual growth of 6-6.5%. Companies are advised to strengthen their management and financial capabilities for sustainable operations and enhanced competitiveness.

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