Economy

The outlook for the beginning of this year is expected to be more positive than in the first quarter of 2023 when GDP grew by 3.32%.

Hanoi has a target of 5.5 million international visitors in 2024.

U.S. companies are showing increasing interest in the opportunities created by Hanoi's development.

Vietnam has one of the highest smoking rates in the world, with 38.9% of males over the age of 15 being smokers.

The city will also innovate and diversify the methods used to promote trade, leveraging the application of Information Technology and digital transformation.

Such a project utilizes natural gas to produce green hydrogen, with a key focus on using depleted gas fields for permanent storage of CO2 emissions during production.

The total imported power capacity from Laos could reach 5,000-8,000 MW by 2030, increasing to 11,000 MW by 2050.

Farms in Hanoi are thriving, but there are deficiencies in scale and planning that have prevented the full potential of the agricultural economy from being realized.

Furniture accounted for up to 82.9% of Vietnam’s total export turnover in wood and wood products last year, reaching nearly $8.4 billion.

The selected companies will receive in-depth technical support, consulting, training and assistance in building their business profiles on the Alibaba.com e-commerce platform to pursue cross-border e-commerce.

In the first few months of 2024, although work on construction sites in Hanoi was affected by the Lunar New Year holiday, capital disbursed was still up significantly on the same period last year.

The project is important for easing traffic congestion in the capital.

The government is planning to set up a capital trading platform for innovative start-ups.

The Government leader has called for the publication of average lending rates to allow individuals and businesses to choose their banks.

Hanoi has set a goal of planting 400 hectares of medicinal plants by 2025 and 1,000 hectares by 2030.

Vietnam is committed to developing the aviation industry and creating favorable conditions for airlines, both state-owned and private, to grow and compete fairly.

The Hanoi People’s Committee on March 4 issued a Decision approving the evaluation and grading results of the One Commune One Product (OCOP) program.

The Ministry of Labor, Invalids and Social Affairs has set a target of sending 125,000 Vietnamese workers abroad this year.