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Steel industry to gradually recover in 2023
Domestic steel demand is expected to keep falling due to the property market slump and tightened monetary policy, economic downturn in many export markets and a rise in supply making the outlook for the industry in 2023 poor, analysts said.
Seafood exporters' profit projected to fall in 2023
The seafood industry grew rapidly in the third quarter of last year, but there are signs of a slowdown in the fourth quarter and it is expected to continue this year, particularly in large markets.
Positive prospects for Vietnam’s stock market this year
The market's uptrend will continue to be consolidated in the first trading session of the Year of Cat.
High exports but challenges ahead for fertiliser industry
Vietnamese fertiliser exports were riding high in 2022 with an aggregate volume of 1.7 million tonnes, bringing in over US$1 billion.
Vietnam’s foreign exchange reserves to grow this year
VNDirect Securities Corporation expects Vietnamese foreign exchange reserves to recover to 3.3 months of imports and reach US$102 billion by the end of this year from the current level of US$89 billion last year, said in its updated macro report.
Tourism activities must be organised sufficiently during Tet
The Vietnam National Administration of Tourism has recently requested the Departments of Culture, Sports and Tourism in provinces and cities to ensure tourism activities on the occasion of the Lunar New Year (Tet).
Challenges persist for small and medium-sized domestic packaging companies
Despite the hard work of small and medium-sized domestic packaging companies to stay in tune with market demands and apply the latest production technologies, they continue to face a host of challenges.
Airlines ready to capitalise on rising travel demand as China reopens borders
Vietnam’s aviation industry is forecast to have a busy year ahead as China reopens its borders which had been shut down since the start of the COVID-19 pandemic.
MoIT sets ceiling prices for solar and wind projects
The Ministry of Industry and Trade has recently introduced new ceiling prices for solar and wind energy in Vietnam.
A difficult year ahead but there is room for economic growth: Experts
Although the economy was forecast to continue facing difficulties and challenges in 2023, there were silver linings to pin hope on, experts said.