Hanoi, July 12 -- 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 craf...