Hanoi and South Korea's Incheon aim to increase their visibility among Vietnamese and international travelers through a series of events to promote MICE (Meetings, Incentives, Conferences and Exhibitions) tourism and medical tourism to Vietnam.
In 2020, Vietnam would announce the strategy of national digital transformation, marking the beginning of a comprehensive and inclusive switchover process nationwide.
Over the past few years, Vietnam’s aviation market has been sustaining a two-digit growth rate, while the introduction of new airlines has also put high quality personnel in the industry on high demand.
Ford’s decision for expansion was owing to growing demand for Ford cars and its commitment to long-term investment in Vietnam’s auto market, said a Ford executive.
Vingroup’s investment in the aviation industry could lead to a surplus in supply, while the group needs to focus its resources on the industrial and technology businesses.
The year of 2019 was a difficult period for Vietnam’s auto market, but also marked positive performances of most local car producers.
Airports Council International forecasts that Vietnam will have the fastest air passenger growth in the world in the period of 2018-2040 with an average annual growth rate of 6.2%.
The purchase of rooftop solar power is part of efforts to boost the development of renewable energy in Vietnam amid quick energy transition.
The contracts were signed in Hanoi during the visit by Lao Prime Minister Thongloun Sisoulith.
Seeing the growth potential ahead, many tech giants, such as Lenovo, Ericsson, Qualcomm, and Huawei, are targeting the Vietnamese market.
This is the second year Vietnam exported such a record-high volume, listing itself a leading cement exporter.
Vietnam's pharmaceutical market has a lot of potential coming from the demographics, rising income and priority policies of the government.
The Ministry of Industry and Trade said that it would build specific plans on coal demand for power production to actively deal with uncertainties in the world market.
Vietnam's solar power sector holds much potential thanks to rising demand and a supportive regulatory framework.
New orders expanded for the forty-ninth month running at the end of 2019, linked by respondents to stronger customer demand.
Vestas said its in-depth market knowledge, ability to provide customized solutions, and presence in Vietnam enable the company to support the country’s growing renewable energy ambition. Ve
It is no doubt that 2019 was another successful year for Vietnam’s economy, putting the country in a favorable condition to achieve all socio-economic targets set for the 2016 – 2020 period.
The stoppage of licensing of new solar farm aims to make further move in building policies on FiT scheme and to prepare for better power transmission capacity.
Experts believed that allowing foreign ownership at local petroleum firms will result in better services and boost competitiveness.
This is the second consecutive year that Vietnam’s economy expands over 7%, following a 10-year high GDP growth of 7.08% in 2018.
The advancement of technologies means companies are looking for fewer labor force but with higher quality, which is a major challenge for female workers, said an expert.
