Economy

Retailers compete primarily on price, product quality, brand reputation, consumer confidence, multichannel distribution technology capabilities, and speed and delivery.

The power utility plans to launch 34 power projects and commission 63 others this year, with an estimated construction investment of VND20.4 trillion (US$837.6 million).

Vietnam’s economic growth continues its positive recovery trend, driven by investment, consumption, tourism, and rising export expectations.

The plan seeks to enhance livestock processing methods, bolster food safety measures, diversify product offerings, and broaden market and export prospects.

Laos looks forward to continued exploration and investment by Vietnamese companies in sectors where the former excels, including clean agriculture, agro-processing, mining, and clean energy.

The visit of the US President to Vietnam in September last year has paved the way for further cooperation between the two countries in a wide range of fields.

A reduction in interest rates is expected to fuel better credit performance in 2024 compared to last year.

The event aims to honor the artisanal villages specializing in peach blossom and kumquat cultivation in Tay Ho District and Hanoi.

Vietnam is one of the world's fastest-growing economies, with an economic size of US$430 billion.

The travel news site highlighted that Vietnam has proven remarkably stable and safe for tourists.

The city continues to increase the number of safe agricultural production-consumption chains to 159, including 53 for meat products and 106 for plant-derived products.

A major supply-side stimulus and price reduction effort has been undertaken in the housing market.

Fairs, competitions and festivals have also been organized both domestically and internationally to celebrate the products of craft villages.

Proactive and coordinated efforts among Government agencies are key to achieving the goal of upgrading Vietnam's stock market from the current frontier to emerging market status.

Forbes updates the list of the richest billionaires in Vietnam in 2023.

Vietnam serves as an example of improving its ranking through repositioning in the global value chain, internal reforms, increased labor productivity, and investments in infrastructure.

The tourism and aviation industries expect a significant increase in travel during the Lunar New Year (Tet) and an uptick in tourist spending.

The total tourism revenue in 2024 is expected to reach VND840 trillion (US$34.6 billion).