Localities in the northcentral region have made concerted efforts and implemented various measures to attract investment, especially foreign direct investment (FDI), contributing to socioeconomic development in 2024.

The newly approved Land Law, Housing Law, and Law on Real Estate Business, which will take effect from 2025, are expected to create more favourable conditions for Overseas Vietnamese (OVs) in owning and trading real estate, according to experts.

Statistics from the General Department of Customs showed that Việt Nam last year exported US$82 million worth of tuna to the bloc. 

The border gate of Bac Luan 2 Bridge in Móng Cái city, the northeastern province of Quảng Ninh, resumed customs clearance after the Lunar New Year (Tết) holiday on February 12, five days early.

PM Chính praised the Saigon New Port Corporation’s contributions to the achievements of the Việt Nam People's Army and the whole country in 2023.

Prime Minister Pham Minh Chinh on February 13 (or the fourth day of the lunar New Year) attended a ceremony to welcome international ships and give the order to handle the first cargo in the Year of the Dragon at Tan Cang – Cai Mep port (TCIT) in southern Ba Ria – Vung Tau province.

Prime Minister Pham Minh Chinh examined the projects of Ring Road 3 in Ho Chi Minh City, Long Thanh International Airport in Dong Nai province, and Bien Hoa - Vung Tau Expressway on February 13.

The border gate of Bac Luan 2 Bridge in Mong Cai city, the northeastern province of Quang Ninh, resumed customs clearance after the Lunar New Year (Tet) holiday on February 12, five days early.

Vietnamese enterprises and authorities are taking action right from the start of 2024 to promote industrial production though many challenges remain in the global economy.

The overall export value of Vietnamese selling partners on Amazon witnessed an impressive year-on-year growth of over 50 per cent, with the number of partners surpassing US$100,000 in sales increasing by 70 per cent.

Street style fashion brand Nerdy of the Republic of Korea (RoK)’s cosmetic and clothing company APR on February 11 announced its plan to expand operation in Vietnam, with the opening of more stores in this market.

Digital economy is playing an increasingly important role in driving economic growth, Minister of Information and Communications Nguyễn Mạnh Hùng said, adding that the key for digital transformation in 2024 is “change of approach.”

Currently, Việt Nam is Canada's largest trading partner in ASEAN and this country's seventh largest import partner after the US, mainland China, South Korea, Japan, the Netherlands and Hong Kong. 

The year 2024 continues to look good for Vietnam’s foreign investment attraction, as right from the beginning of this year, the country has attracted a host of projects.

The first month of 2024 has seen coffee exports showing a robust performance, surging to a trade value of 621 million USD, marking a 99.6 % increase compared to the same period in 2023, according to data from the Ministry of Industry and Trade (MoIT).

Improving the resilience and self-reliance of the national economy, laying a groundwork to build an independent and self-reliant economy integrated extensively and effectively into the world, holds particular significance for Vietnam in the new context, Minister of Planning and Investment Nguyen Chi Dung has said.

Vietjet inaugurated a new route connecting Ho Chi Minh City of Vietnam and Chengdu of China on February 10 – the first day of the Lunar New Year, opening up opportunities for easy travel, promoting trade and tourism between the two countries.

A surge in domestic coffee prices was attributed to the fact that traders actively purchased coffee before the Lunar New Year (Tết) holiday while exporters were afraid of supply shortages like last year so they tended to buy more.

Vietjet operates seven return flights per week between HCM City and Chengdu, with a flight time of over four hours per leg.