(VOVWORLD) - With a population of more than 100 million people, 20% of them middle class, Vietnam is a strong potential market for consumer goods and retail services. Amid a difficult global economy, the Vietnamese government is working to expand distribution channels and build brands to stimulate domestic consumption and leverage national economic growth in 2024.
(VOVWORLD) - The first phase of the Dong Dang-Tra Linh Expressway project to connect the two northeastern border provinces of Lang Son and Cao Bang began earlier this month. The route will eliminate transport bottlenecks and boost Cao Bang's economic development.
(VOVWORLD) - Vietnam’s tourism made progress in 2023. 12.5 million foreign visitors were welcomed, far exceeding the goal of 8 million tourists set last year.
(VOVWORLD) - Vietnam’s exports are at their peak during the last days of 2023 with many orders to serve the New Year needs of markets around the world. Vietnam will likely earn 350 billion USD from exports in 2023.
(VOVWORLD) - High-tech agriculture is identified as one of four economic pillars of Ba Ria-Vung Tau in line with the Resolution of the provincial Party Committee for the 2020-2025 tenure. Despite impacts from climate change and challenges from integration, the province has followed the set orientation, achieved initial results, and promoted the role of high-tech agriculture in its development.
(VOVWORLD) - Proudly celebrating 62 years of Vietnam Oil and Gas Industry Tradition Day (November 27). As Vietnam's leading economic group and contributor to ensuring national energy security, Vietnam National Oil and Gas Group (Petrovietnam) has constantly made efforts, implemented solutions, and carry out assigned tasks in 2023 despite numerous challenges and obstacles to realize growth aspirations.
(VOVWORLD) -Ba Ria-Vung Tau has all the elements required to turn tourism into a spearhead economic sector. It has been implementing breakthrough solutions to become a leading tourist destination in the region.
(VOVWORLD) -By the end of November, Hanoi received 22.6 million visitors, up 32% from last year, earning 3.46 billion USD, up 58.4%. To continue attracting tourists, the city's tourism industry has launched multiple night tourism products.
(VOVWORLD) - Despite several challenges in production and business with a significant downturn in the consumer market and petroleum product prices in November, Vietnam Oil and Gas Group (Petrovietnam) resiliently achieved its production and business targets ahead of schedule. This consistent performance established a positive trajectory for realizing ambitious growth goals in 2023 thus making substantial contributions to the national economy.
(VOVWORLD) - Vietnam raked in 1.9 billion USD in profits from foreign investment projects last year. Notably, the Vietnam Oil and Gas Group (Petrovietnam) stands out as the leading entity, with repatriated profits exceeding 1.1 billion USD.
