Economy

Fiscal policy also supports economic growth in 2024 amid expected significant public sector wage increases and ongoing efforts to boost public investment.

Without the deferral, Vietnam Airlines could face insolvency in July 2024.

Prime Minister Pham Minh Chinh has assured foreign investors that Vietnam will not face electricity shortages, thanks to comprehensive solutions in generating, transmission, distribution, and pricing.

Vietnam expects to cooperate with China in personnel training, management, control, and design of railway projects.

Japanese firms must balance meticulous preparation with agility in Vietnam's dynamic market by working with local partners. The same principle applies to Vietnamese companies entering Japan.

Vietnam has gone from being a war-torn country to one of the world’s 40 largest economies.

Vietnam has approved the UK as a new member, making it one of the first six CPTPP countries to do so.

Hanoi aims for all new and replacement buses to be electric or to run on green energy by 2025.

State Bank of Vietnam's credit growth target of 14-15% for the full year remains on track.

Hanoi's health sector has stepped up inspections and controls at food facilities and improved awareness and law enforcement, according to the Hanoi Health Department.

China regards Vietnam as a priority in its overall neighborhood diplomacy, supporting the country’s successful industrialization, modernization, and expansion of its international role.

Bat Trang, a historic pottery village near Hanoi, becomes more accessible with new public transport options.

Fuel supply remains sufficient to meet consumer and business needs.

Scheduled to open in 2026, The Residences at Arbora, a Luxury Collection Resort & Spa in the famous central coastal city of Da Nang will be the first Luxury Collection Residences in the Asia Pacific region.

His visit is at the invitation of Chinese Premier Li Qiang and WEF Founder and Executive Chairman Klaus Schwab.

In the first five months of this year, Hanoi found job placements for more than 100,000 workers, reaching 60.8% of the annual plan, an increase of 16.8% year-on-year.

Thanks to the efforts of the political system, the people, businesses, and international friends, Vietnam has achieved significant and comprehensive results across all sectors.