Accor Vietnam and IHG Hotels & Resorts – the world’s leading hotel businesses operating in Vietnam announced that they intend to double the number of international-standard hotels in the Southeast Asian nation in the next five years.

The Ministry of Construction will pay attention to urban planning and management in 2023, according to Minister Nguyen Thanh Nghi.

The Ministry of Industry and Trade recently issued the sector’s action plan on climate change response and green growth to 2030, with a vision to 2050.

As many as 3,943 business establishments are set to roll out e-invoices generated from cash registers by March 2023, including 1,850 businesses and 2,093 business households.

The south-eastern province of Binh Phuoc is seeking to develop its infrastructure and reform administrative procedures to achieve rapid and sustainable development this decade.

A volatile real estate market caused revenues and profits of realty businesses to decrease sharply in the fourth quarter of 2022.

Ho Chi Minh City’s Index of Industrial Production (IIP) in January reduced by 21.4% compared to the previous month, according to the city’s Department of Industry and Trade.

Businesses should be made the centre of innovations and a development focus of the industry and trade sector, Prime Minister Pham Minh Chinh said at a conference in Hanoi on February 3.

Vietnamese coffee businesses are attending Laos’s Bolaven coffee 2023 festival which is underway from February 2-4 in the southern province of Champasak of Laos.

Vietnam’s merchandise trade with Asia reached 475.29 billion USD in 2022, increasing by 9.6% compared to 2021 and accounting for the highest proportion (65.1%) in the country's total import-export value.

Vietnam’s rice export is forecast to continue reaping successes this year as the world's rice prices remain high at least in the short term as global economic and political uncertainties have resulted in a high demand for rice reserves, according to experts.

The scale of the domestic retail market is expected to increase from 142 billion USD at present to 350 billion USD by 2025, contributing 59% of the national GDP, according to the Ministry of Industry and Trade (MoIT).

The State Bank of Vietnam set the daily reference exchange rate at 23,606 VND/USD on February 3, down 2 VND from the previous day.

The Ministry of Industry and Trade plans to set a target of 6% growth in export value this year, considering unpredictable factors that can affect import-export, according to Deputy Minister Do Thang Hai.

The US Department of Commerce (DOC) has announced the commencement of an antidumping and countervailing duty investigation on the import of gas-powered pressure washers from Vietnam, said the Ministry of Industry and Trade (MoIT).

The value of trade via border gates with China in the northern province of Lang Son amounted to 1.7 billion USD in January.

Despite a downturn in the export of aquatic products in the first month of 2023, local exporters remain optimistic that the market will recover from the second quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The on-time performance (OTP) of Vietnamese airlines stood at 95.3% in January, down 0.9 percentage points from the previous month, while the number of flights increased 15.6%, said the Civil Aviation Authority of Vietnam (CAAV).

Prime Minister Pham Minh Chinh has directed that maintaining macro-economic stability, controlling inflation, propelling growth and ensuring major balances of the economy continue to be priorities in February and coming months.

Hanoi and Ho Chi Minh City - the country's economic locomotives - recorded the highest disbursement of public investment capital in January, with nearly 2.7 trillion VND (117 million USD) and more than 1.63 trillion VND, respectively, reported the General Statistics Office.