The market's uptrend will continue to be consolidated in the first trading session of the Year of Cat.
Vietnamese fertiliser exports were riding high in 2022 with an aggregate volume of 1.7 million tonnes, bringing in over US$1 billion.
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.
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).
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.
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.
The Ministry of Industry and Trade has recently introduced new ceiling prices for solar and wind energy in Vietnam.
Although the economy was forecast to continue facing difficulties and challenges in 2023, there were silver linings to pin hope on, experts said.
The banking industry will continue to face difficulties in 2023 in the context of the real estate market downtrend and the less positive import and export outlook, analysts forecast.
Vietnam's livestock industry expects to face less difficulties this year, especially when China loosens COVID-19 control measures.