VOV.VN - 2024 is widely considered to be a pivotal year for Vietnamese economic recovery, with insiders believing that there are bright prospects ahead.

Effective public-private partnership and support from partners are key to the success of the project on developing 1 million hectares of high-quality, low-emission rice linked with green growth in the Mekong Delta region by 2030, Minister of Agriculture and Rural Development Le Minh Hoan said at a talk on January 30.

Credit growth will be the main focus for the banking industry in 2024, as it is closely related to economic growth, according to analysts.

As the room for the fiscal policy remains quite large, Vietnam in 2024 should continue to pursue the counter-cyclical fiscal policy, with a focus on increasing spending and maximising tax and fee exemption and reduction, to support economic growth, experts believe.

The joyful atmosphere on those days is a result of Vietnam’s successful navigation through the challenging year of 2023, marked with positive developments.

The Vietnam Report JSC has released a white book on the Vietnamese economy in 2023, highlighting the country’s economic achievements last year and giving forecast for 2024 as well as a number of policy recommendations.

VOV.VN - Seaweed is an industry that continues to capture greater attention as the global trade market size is expected to expand at around 10.8% per year.

Industrial parks and economic zones in the northern port city of Hai Phong strive to attract US$2-2.5 billion in foreign direct investment (FDI) in 2024, according to the city’s Economic Zone Management Board.

VOV.VN - Hyosung, the Republic of Korea (RoK)’s leading supplier of the power transformer industry, plans to inject an additional US$2 billion into the Vietnamese market this year.

VOV.VN - Two-way trade turnover between Vietnam and the European Union last year fell 5.3% to US$72.3 billion, resulting in US$34.3 billion in trade surplus.