The night-time economy of major cities in the country has remained underdeveloped due to a lack of proper investment and an absence of a legal framework and policies to promote it, authorities said.

Vietnam’s economic growth is forecast to reach 8% this year before falling to 6.5% in 2023. The strong growth has created a positive “platform” for investment and business activities, especially mergers and acquisitions (M&A).

VOV.VN - The capital city of Hanoi has set a target of recording its gross regional domestic product (GRDP) of at least 7% in 2023.

Vietnam boasts substantial potential for wind power, particularly offshore wind power, providing an opportunity for the country to fulfill its energy transition target towards green growth, heard a conference held by the Global Wind Energy Council (GWEC) in Hanoi on December 1.

Sharing experience in response to challenges arising from new trends in international trade and investment was the focus of a conference held in Can Tho city on November 30.

VOV.VN -The nation attracted US$25.1 billion in foreign investment over the past 11 months, an increase of 0.5% from the previous month, but down 5% on-year, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has said.

Surmounting difficulties to boost economic recovery, Vietnam is expected to post a foreign trade record of US$780 billion in 2022.

VOV.VN - Ho Chi Minh City, the most populous and larget economic centre in Vietnam, aims to achieve Gross Regional Domestic Product (GRDP) growth of 7.5 – 8% in 2023 – a target which is equivalent to the figure recorded in previous years but lower than 2022’s gains.

VOV.VN - The aviation sector leads the way in terms of the growth rate of transport volume with an increase of 218%, according to the Ministry of Transport on November 30.

Increasing labour productivity is an important factor to promote economic growth in the long run, and is a prerequisite for Vietnam to narrow its development gap with other regional countries and fulfill the goal of becoming a developed country with high income by 2045, said Deputy Minister of Planning and Investment Tran Quoc Phuong.