Industry

The application of scientific research and new technological advancements in production has contributed to increasing productivity, especially in the agricultural sector.

Vietnam plans to welcome one million Korean arrivals this year.

Vietnamese people's cultural and human values should be central to the capital’s industrialization process.

Tourism is expected to label ASEAN as stable, peaceful, dignified, upholding human values, and able to support world economic stability.

The country is forecast to be the second-fastest growing economy in Asia-Pacific this year.

By 2025, the Ministry of Information and Communications expected Vietnam to have 80,000 digital tech firms, meeting at least 50% of digital tech and services from state agencies.

This year, the company aims to achieve a total revenue of nearly VND2.2 trillion, a year-on-year increase of 10%.

Vietnam’s industrial production in 2023 is forecast to increase by 6.6% year on year.

Hanoi’s authorities reiterated commitments to providing the utmost favorable environment for businesses, thus contributing to the socio-economic development of the capital.

Companies are aiming for better business results than last year.

Hanoi's tourism sector has set the goal of welcoming three million international visitors this year.

Foreign investors poured nearly US$1.7 billion into Vietnam as of January 20.

In 2024, Vietnam's tourism revenues are expected to reach US$11 billion, which will surpass the pre-pandemic amount of $10.8 billion in 2019.

Local businesses are advised to be more creative, react faster, and have more resources to adapt to unforeseen changes by 2023.

Noi Bai International Airport in Hanoi has taken measures to prepare for a throughput of over 100,000 passengers per day during Tet holiday.

Leading firms from 15 countries will bring advanced products and technologies to the four-day event.

South Korea is currently the largest foreign investor in Vietnam, with total FDI commitments of $80.5 billion, and the third trade partner with a total turnover of $88 billion in 2022.

Vietnam's tourism continues to demonstrate a strong and steady recovery from the pandemic's effects despite mounting economic and geopolitical challenges since its reopening to international visitors in March 2022.

The fifth-generation technology (5G) provides a high-speed Internet connection 100 times faster than 4G.

With users in more than 130 countries, VNG aims to reach 320 million customers globally in 2023.