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Strengthening the healthcare system and ensuring effective and timely implementation of the Economic Recovery Plan for 2022-2023 is key for Vietnam to boost growth recovery this year.

Despite the severe Covid-19 impacts, Hanoi aims to end the year 2021 on a high note by setting the growth target at 3%.

The local economy should have had expanded by over 7% in the 2020-2021 period, but instead, it settled at 2.91% in 2020 and would achieve an estimated 2.5% this year.

Urbanization and the rapid generation of waste have accompanied Vietnam’s growth in recent years.

The Hanoi Department of Industry and Trade is coordinating with the Hanoi Institute of Socio-Economics and relevant agencies to work on plan of developing Hanoi’s night-time economy in the near future.

Revenue from the information and communication technology industry (ICT) has grown over the past months.

Positive dynamics observed in October suggest continued pickup and strengthening of growth in the coming months.

Digital financial services have seen healthy growth, especially in the adoption of e-wallets and account-to-account, fueled by both merchant adoption and consumer usage.

The well-studied report with the combined efforts of domestic and foreign experts will enable Vietnam to have a long-term roadmap for the marine economy in the sustainable development strategy by 2030.

Opportunities are open for expanding cooperation between regulatory bodies of the UK-Vietnam on digital transformation and digital economy.

Higher disbursement of public funds, pushing for administrative reforms, and effective budget management are priorities for Hanoi to accelerate economic recovery in the remainder of the year.

The country still faces several obstacles to fully unlocking the benefits of digital technologies.

Businesses in the field of fast-moving consumer goods (FMCG) have been the pioneers in transiting to a circular economy model.

Hanoi said it targets to become a green, modern, and smart city to maintain the title of “City for Peace.”

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Vietnam’s specified action plan and international support would push up its transition towards a low-carbon journey.