Việt Nam News

With its geographic advantage (being on the coast), the province has paid attention to preserving and promoting the sustainable values of the natural environment.

The global semiconductor and chip race is heating up and Việt Nam should take this opportunity to raise its’s position on the global semiconductor manufacturing map as some leading corporations have invested in semiconductor manufacturing in the country, according to local economists.

Through research on the domestic tourist market in 2016-2022 on a national scale, domestic tourism has taken an active role in each development stage. The number of domestic tourists has increased steadily over the years and peaked in 2019 with 85 million arrivals.

A recent report from financial data service provider FiinGroup showed the channel for raising capital through domestic bonds is gloomy, but many domestic enterprises still succeeded in mobilising international loans. Specifically, ten deals announced recently had a total value of nearly US$1.92 billion.

Việt Nam needs solutions to develop green logistics to take advantage of free trade agreements (FTAs), especially new generation FTAs to help the industry develop, support market expansion and promote exports.

A volatile global market, the COVID-19 pandemic, approaching the limit to horizontal expansion and inefficient macroeconomic policies in the past were among the major factors holding back Việt Nam's economic development, according to the Vietnam Center for Economic and Strategic Studies (VESS).

Experts said that there are more positive signals supporting the index to recover to 1,000 point-level. 

The newly-inaugurated items are essential and inseparable parts of the Southern Petrochemical Complex, a major project of the oil and gas sector which has a total investment of over US$5 billion.

The mobilisation of external and domestic resources for sustainable socio-economic development is an urgent goal for Việt Nam, said Minister of Foreign Affairs Bùi Thanh Sơn.

Prime Minister Phạm Minh Chính stressed the need for a new mindset, new breakthroughs and new values to promote the development of the southeastern region while chairing a conference in Bà Rịa-Vũng Tàu Province on November 26.

About 100 leading businesses of Hong Kong (China) will join together in a field trip to Việt Nam to explore market and meet representatives of government agencies and localities, aiming to promote partnerships in trade, investment, production, innovation and high technology, according to the Vietnamese Consulate General in Hong Kong.

A shift to sustainable farming such as organic is a solution that not only tackle environmental challenges but also contribute to countries' efforts towards achieving United Nations' sustanability development goals by 2030.

Many supermarkets in Hà Nội and HCM City are taking part in the National Promotion Month 2022 organised by the Ministry of Industry and Trade, which started from mid-November to stimulate consumer demand at year-end.

By 2030, its aim is to become an international tourism hub and a green-growth-centred province with high adaptability to climate change and rising sea levels.  

The northern province of Quảng Ninh has set an objective to become Việt Nam's leading ocean-economic hub in the future, according to a report on the province's strategic development released by the local authority.

Under the national master plan for the 2021-30 period for the Northern Key Economic Region, which includes seven provinces, Quảng Ninh is a core growth engine in the economic triangle of Hà Nội – Hải Phòng – Quảng Ninh.

Over the past nine months of this year, Quảng Ninh issued new licences and adjusted licences for 13 FDI projects with a total value of $186.2 million.

Quảng Ninh is strengthening mechanisms and policies and exploiting the strength of the expressway to ensure sustainable import-export development.