Members of the Vietnam Logistics Business Association (VLA) recorded a business growth rate of about 15% this year, contributing to the country’s all-high trade value of 732 billion USD.

Metfone, the Cambodian affiliate of Vietnam’s telecoms group Viettel, has been accredited as the best internet service provider in Cambodia in 2022 by the UK-based magazine Global Business Outlook (GBO).

Unlike previous months, Ho Chi Minh City recorded a month-on-month decline of 0.07% in its December consumer price index (CPI), the municipal Statistics Office said on December 30.

The Ministry of Agriculture and Rural Development on December 30 announced that the agricultural sector has achieved all goals set for this year, including a growth rate of 3.36%, a record for many recent years.

State budget revenue in 2023 is projected at 1.62 quadrillion VND (68.5 billion USD), up 0.4% from 2022, according to a report on state budget, which was exclusively made for the public.

The market's breadth was neutral with 209 shares gained and 189 losing ground, while liquidity still decreased compared to the previous session.

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.