VOV.VN - The Ministry of Industry and Trade has set a target of an average industrial value-added growth rate of over 8.5% per year, with the proportion of the manufacturing industry as part of GDP reaching about 30% by 2030.
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.
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.
VOV.VN - Prices of consumer goods during the 2023 Lunar New Year remained relatively stable, whilst the supply of goods was abundant, according to details given by the Ministry of Industry and Trade.
Vietnamese fertiliser exports were riding high in 2022 with an aggregate volume of 1.7 million tonnes, bringing in over US$1 billion.
VOV.VN - Indian news outlet stattimes.com recently published an article saying Vietnam is likely to become a burgeoning industrial hub, especially for tech and apparel, as well as its beautiful beaches and delicious cuisine.
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.
VOV.VN - An international aviation expo (Aero Expo Hanoi) & Vietnam Aviation Forum 2023 is scheduled to take place in Hanoi on March 21, said the Hanoi Department of Industry and Trade at a press conference on January 16.
Deputy Prime Minister Le Minh Khai on January 12 called on the Semiconductor Industry Association (SIA) of the US to encourage its member enterprises to increase investment in Vietnam.
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.