Industry

The lack of charging infrastructure in public places and traveling distances remain barriers to the use of electric vehicles among Vietnamese and Southeast Asian consumers.

Not only foreign trade and manufacturing are booming, but Vietnamese domestic tourism is also gradually picking up.

Metfone and MB Cambodia have been considered Vietnam-invested pioneers in the neighboring country for more than 10 years.

The rapid decline in Covid-19 cases in Vietnam helped lead to renewed growth of output and employment in April amid a return to more normal business conditions.

Digitalization is a key drive for innovation and the foundation of a modern economy, said Prime Minister Pham Minh Chinh.

Vietnam needs to pay special attention to the risk of imported inflation as the current low inflation in the country is partly due to low consumer demand.

The project study is proposing around US$160 million of investment opportunities that include retrofitting and greenfield construction in the urban lighting and public building sectors in the six cities and provinces.

The Netherlands hopes that its expertise will help develop Vietnam's offshore wind to fulfill the Southeast Asian country's net-zero strategy by 2050.

Israel is expected to be an ideal market for the Vietnamese automaker to promote its electric vehicle business.

Vietnam is mastering cybersecurity solutions as it can meet 90% of the domestic demand in this regard.

A project, sponsored by the Danish Government, will further promote the efficiency of energy activities in Vietnam.

For the January-March period, the domestic steel industry churned out 8.45 million tons, up 3.2% year-on-year, with 8.13 million being consumed locally, up 11.9%.

Vietnam’s logistics market is expected to grow at an average of more than 13% per year by the end of 2022 and subsequent years.

Expert calls for Government agencies to refrain from intervening in corporate governance activities of state firms.

Vietnam welcomes investments from South Korean companies, especially in priority fields of as IT, smart cities, renewables, transport infrastructure, and supporting industries.

Statistics authorities plan to publish the results in the first quarter of 2023, which will be included in the 2023 business white book.

The Government announced an action plan for economic restructuring during the 2021-2025 period for Vietnam to close its gaps with regional countries.

A right vision for development, strong determination for digitalization and green transition, as well as the potential of the Vietnamese people, are factors to take the country forward.

Active trade promotion and efforts from each enterprise have contributed to greater effectiveness in economic cooperation between Vietnam and the US.

The government requests no power price hike to serve the recovery plans.