With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6% in 2024, running a trade surplus for nine years in a row, estimated at US$15 billion.
Industrial real estate was the only bright spot in the real estate market in 2023. As more foreign investors came in Vietnam, the demand for industrial land and ready-made workshops increased, pushing rental prices up.
The Republic of Korea (RoK)’s KP Aero Industries will start building a 20,000sq.m factory with an investment of VND480 billion (US$20 million) at the central city’s Da Nang Hi-Tech Park, to produce and supply various parts for the aircraft industry.
Vietnam’s cashew industry eyes export growth despite global headwinds, according to insiders.
Ho Chi Minh City has set an ambitious target of welcoming six million international tourists in 2024, alongside plans to host various events and festivals aimed at promoting tourism.
VOV.VN - Coffee farmers are advised to cash in on export shipments as coffee prices are on the rise in the global market.
The tourism industry in 2024 has seen positive signals as ocean liners have bustled at ports for the past 10 days, bringing tens of thousands of foreign visitors to Vietnam.
VOV.VN - The management board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza) has set a target of attracting US$550 million in investment capital this year, averaging at US$8.5 million per ha.
Minister of Industry and Trade Nguyen Hong Dien has affirmed the determination to strengthen trade promotion and export to major markets, optimising free trade agreements (FTA), making full use of opportunities, and actively responding to challenges in 2024.
VOV.VN - The Vietnamese tourism industry anticipates a strong breakthrough year with the global tourism market set to make a complete recovery by the end of 2024.