Economy

The price increase for apartments in Hanoi in the first half of 2024 compared to the beginning of 2023 is 31%.

Hospitality real estate will perform better in the second half of 2024 and in the years to come.

Economic figures highlighted the performance of the city in the first seven months of this year.

Hoa Lac's mission to foster technological innovation and entrepreneurship has established it as a critical component in Vietnam's quest to cement its reputation as an emerging hub of creativity and technological prowess.

As the EU-Vietnam Free Trade Agreement (EVFTA) approaches its fourth anniversary on August 1, 2024, the latest survey by the European Chamber of Commerce in Vietnam (EuroCham) paints a nuanced picture of the pact's impact.

Specialists expect that new legislation will help to tighten market control and thus bring prices down.

Vietnam Airlines alone carried nearly 11.5 million international passengers and 143,000 tons of freight and parcels in the six-month period, up 10% and 42% respectively year-on-year.

The exhibition helps to harness the city's creative design potential and contributes to its socio-economic development.

Currently, 72 countries recognize Vietnam as a market economy, including major economies such as the UK, Canada, Australia, Japan, South Korea, and New Zealand.

The center will add value to OCOP handicrafts and products, forging a value chain from design to production, distribution, and consumption.

Vietnam Airlines operates seven round trips per week between Hanoi and Hong Kong.

Stem cell technology from India will soon be imported into Vietnam.

Vietnam has enormous potential in the development of value-added biomass products, as well as biofuels and organic fertilizers.

The strong growth in Vietnam's manufacturing sector in June continued in July, with a substantial rise in new orders driving production to a near-record high.

The average per capita pharmaceutical consumption in Vietnam reached $70 in 2023, a tenfold increase compared to 2000.

If tax evasion is detected in their records, the cases will be referred to the police for further action.

The event is part of a series of activities under the Hanoi 2024 Semiconductor Investment Festival, which runs from July 29 to 31 in Hanoi.

The city's target for FDI is approximately $3.1 billion in 2024 and $2.7 billion in 2025.

Hanoi, notably the Hoa Lac Hi-tech Park, is poised to become a magnet for technology giants and a vibrant hub for cultivating the next generation of tech talent.