Hospitality real estate is a worth-watching segment in 2023, as Vietnam strives to capitalize on the rebound of travel and leisure needs from domestic and international tourists post-pandemic.
Vietnam receives total US$19 billion worth of remittances in 2022, up 5.5% on-year.
Vietnam will intensify investment in eco-farming, low-carbon and high-tech cultivation as sustainable agriculture and food security are the pillars of its development strategy by 2030.
It requires immediate action to ensure enough food for all in the not-too-distant future.
Countries need to strengthen multilateral cooperation to prevent potential conflict, address security issues and disputes through peaceful means, Chairman of the National Assembly Vuong Dinh Hue has said.
Apart from the benefits of being a fast-moving and vibrant economy, Vietnam also offers a rich topographic diversity with mountains, jungles to beaches, wonderful food, and very hospitable people.
The Asia-Pacific Committee of German Business (APA) wants to intensify the partnership throughout the region.
As the pandemic circumstances continue to evolve in the region, member states stressed the importance of cooperation in vaccine access and post-pandemic plans.
Vietnam and China are the only two economies in East Asia and Pacific experiencing a V-shaped rebound where output has already surpassed pre-pandemic levels.
The US remains supportive for ASEAN’s efforts in negotiating for the Code of Conduct in the East Sea with China, which is in line with international laws and the 1982 UN Convention on the Law of the Sea.