Economy

Vietnam’s Q2 GDP growth surged to 6.9%, the highest in two years and well above market expectations of 6%.

Vietnam's tourism industry has long been recognized for its price competitiveness, rich natural resources, cultural heritage, and strong safety and security measures.

Hanoi expects more markets that meet the criteria for well-behaved traders and food safety standards.

By the end of this decade, Vietnam is expected to be among the top three Southeast Asian countries in terms of industrial competitiveness.

Failure to comply with phytosanitary and food safety regulations for exports has resulted in significant losses for local businesses.

Such a platform would help minimize price manipulation, ensure a flexible pricing mechanism, and improve the distribution and circulation of oil and gas.

The city will focus on strengthening enforcement of food safety regulations in food production and trade facilities.

Property owners who rent commercial space need to change and adapt their approach in response to the difficulties faced by tenants.

The projected P/E ratio for the VN-Index this year is 11.5, below the 5-year average of 13.4, potential for the benchmark to rise in the second half of the year and 2025.

The city's health department will continue to carry out regular, specialized and random inspections.

Vietnam has the potential to become a center for incubating the semiconductor ecosystem if stakeholders have the necessary faith and drive.

The Hanoi Department of Taxation will continue to review and standardize personal tax identification data, and to develop solutions for digitizing and electronic processing of various stages to support taxpayers.

The Government's best-case growth scenario for 2024 is 6.5-7%, higher than the goals set by the National Assembly and forecasts by international organizations.