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Both sides are set to mark the 50th anniversary of the establishment of diplomatic relations this year.

Hanoi holds great importance in expanding the Vietnam-India Comprehensive Strategic Partnership.

Vietnam remains one of the most important investment destinations for Chinese enterprises within ASEAN.

Beauty and personal care sales in Vietnam are expected to grow steadily on 2023-2027 with an estimated revenue of US$2.9 billion in 2027.

With FDI accounting for more than 70% of exports, Vietnam has successfully transformed over time into an export-driven and FDI-reliant economy.

Hospitality properties have long been considered a lucrative and long-term profitable investment for real estate investors operating in Vietnam.

In an ever-changing and unpredictable world, Vietnam needs to nurture and underpin the spirit of innovation in science and technology.

Hanoi is tasked with starting the construction of the Ring Road No.4 project in June.

The business event allows companies from both nations to exchange information and forge new alliances for future cooperation.

Achieving public investment targets is seen as one of the key criteria for evaluating how public officials perform.

Vietnam has set a goal to increase the contribution of the green economy to GDP from $6.7 billion in 2020 to $300 billion by 2050.

The prospect of investment in Vietnam has been consolidated following the conference connecting Vietnamese and French localities that closed earlier this week.

Vietnam said the fund is useful for its digitalization and green transition which are key to the realization of the 2050 net zero commitment.

The move would help create a driving force for economic growth across the three pillars of investment, exports and consumption.

The National Assembly approved the 2023 budget of VND712 trillion ($30 billion), a significant increase from more than VND130 trillion ($5.5 billion) in 2022.

The fact that the visit to Vietnam this time has the largest number of US companies ever indicates a shift in the investment wave to Vietnam and other ASEAN countries.