The construction of a trade centre showcasing specialties of Vietnam began in Mekong Delta province of An Giang on December 30.

This year’s forestry exports are estimated at over 16.9 billion USD, up 6.1% from 2021, according to the Vietnam Administration of Forestry.

On the Hồ Chí Minh Stock Exchange, the VN-Index decreased by 0.63 per cent to close at 1,009.29 points.

The central city of Da Nang ranked third in terms of economic growth and 17th in economic scale nationwide in 2022, the municipal Department of Statistics reported at a press conference on December 30.

There are 208,300 enterprises entering the Vietnamese market or resuming their operation in 2022, up 30.3% year-on-year, according to head of the General Statistics Office (GSO) Nguyen Thi Huong.

A surge of 87% was seen in tra fish exports to ASEAN markets in the first 11 months of this year to 183 million USD, accounting for about 8% of total export revenue of the product in the period.

The Central Highlands province of Dak Lak – Vietnam’s capital of coffee – pocketed 798 million USD in coffee exports in 2022, accounting for 53.2% of the locality’s total export turnover.

China’s reopening is expected to boost Vietnam’s GDP growth by over 2 percentage points next year, driven by the full resumption of Chinese tourist arrivals in the second half of 2023, Michael Kokalari, chief economist at investment fund VinaCapital, said in a recent report.

National flag carrier Vietnam Airlines will offer an additional 500 flights or 90,000 seats on several domestic routes to serve travel demand for the upcoming Tet holiday.

The Phú Quốc fish sauce is now also facing fierce competition from traditional fish sauces in other regions with cheaper price and other industrial fish sauces. 

While circular economy has become a trend of developed economies, it could be implemented to develop Việt Nam if there is an appropriate legal and policy corridor, said experts.

China’s reopening is expected to boost Việt Nam’s GDP growth by over 2 percentage points next year, driven by the full resumption of Chinese tourist arrivals in the second half of 2023, Michael Kokalari, chief economist at investment fund VinaCapital, has said.

Routes with added flights include HCM City to Hà Nội, Vinh, Thanh Hóa, Đồng Hới, Chu Lai and Thanh Hóa with Đà Lạt.

Solutions must be implemented to ensure that the market develops substantively and sustainably, increases liquidity, and continues to be an important capital channel for the economy in 2023.

As the global COVID-19 pandemic is still complicated, the ministry will continue to support enterprises exploiting the domestic market and gradually overcoming difficulties to resume normal production and business.

Disbursement of foreign direct investment (FDI) in Vietnam in 2022 is estimated at nearly 22.4 billion USD, up 13.5% year-on-year, making it the highest amount in the past five years, the General Statistics Office (GSO) announced on December 29.

Vietnamese ports handled 733.18 million tonnes of cargo in 2022, up 4% from the previous year, an official said.

China’s moves to resume international tourism from January 8 next year are believed to be a positive sign for aviation activities between Vietnam and China.

The target of 6.5% economic growth set by the National Assembly for next year, lower than the growth of 8.02% recorded in 2022, will be a challenge, said General Director of the General Statistics Office (GSO) Nguyen Thi Huong.

Việt Nam's economy experienced the highest growth during the 2011-22 period at 8,02 per cent in 2022 despite a looming global recession, according to the General Statistics Office of Vietnam (GSO).