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Industrial parks and economic zones in the northern port city of Hải Phòng strive to attract US$2-2.5 billion in foreign direct investment (FDI) in 2024.

Though the credit growth rate last year was lower than in 2022, disbursement was redirected into the city’s key production, trading and services sectors.

New supply in the industrial real estate market in HCM City and neighboring provinces has been slow amid an increase in demand from manufacturing industries during the peak year-end buying season before Tết (Lunar New Year).

Phú Quốc has become a newly favoured destination for South Korean tourists.

The country was also among the top 10 places in the 2023 Agility Emerging Markets Logistics Index compiled by Agility, one of the world’s top freight forwarding and contract logistics providers.

Việt Nam’s economic outlook for 2024 is anticipated a 6 per cent growth, driven by a rebound in exports, AMRO forecasts.

According to experts, in 2023, although there were still many difficulties in promoting economic growth, the positive effects of fiscal and monetary policies were shown.

The market’s upward momentum remains intact with no signs of a reversal.

Banks are set to continue their practice of paying stock dividends this year in order to bolster their capital and attract cash flow, driven by positive prospects.

The Vietnam Trade Office in the Netherlands has warned of online fraud cases, particularly related to petroleum products, amidst the high demand for this category of goods.