Recovery

The passenger traffic in Vietnam will reach approximately 80 million in 2023.

The Hanoi Promotion Month 2022 is among the best solutions that help local enterprises paddle through the rough waves and recover in the post-pandemic.

Potential foreign-direction investment flows and large-scale infrastructure linking Hanoi and its environs enhance Asian tenant pools for serviced apartments.

Vietnam will make best efforts to ensure a safe and flexible adaptation to the pandemic as this is essential for the country to set a momentum for higher growth next year.

The target shows the Government’s high determination and also remains in harmonization with other targets defined for 2022.

Positive dynamics observed in October suggest continued pickup and strengthening of growth in the coming months.

The main objective of Hanoi’s economic recovery plan is to timely address the bottlenecks that are restricting business operation for the soon resumption of economic activities.

Higher disbursement of public funds, pushing for administrative reforms, and effective budget management are priorities for Hanoi to accelerate economic recovery in the remainder of the year.

A loosening of Covid-19 restrictions led to the restart of production of a number of firms in October. As a result, production growth was recorded for the first time in five months.

Vietnam will continue its impressive growth in the coming decades and is firmly on track to become one of the top economies in the region, said CEO and Founder of the World Economic Forum Klaus Schwab.