In the wake of an impressive recovery in 2023, the tourism sector in the northern border province of Lao Cai is on a transformative journey, unveiling novel experiences and products as it sets its sights on the ambitious goal of hosting 8.5 million visitors this year.

The settlement of bad debts will face many difficulties this year as there are no legal regulations related to repossessing collateral assets, industry insiders said.

VOV.VN - Vietnam is one of Singapore’s top 10 source markets for tourists, with more than 434,000 visitors heading to the island state last year, according to data released by the Singapore Tourism Board (STB).

More than VND662.59 trillion (US$27.14 billion) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12% of the Prime Minister’s assigned plan, according to the Ministry of Finance.

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

The global tourism market is set to fully recover from the COVID-19 pandemic in 2024, and Vietnam will not stand out from this trend, insiders have said.

VOV.VN - Retail petrol prices rose between VND370-500 per litre from 3pm on January 18 to approximately VND22,500 per litre for RON95-III following the latest review by the Ministry of Industry and Trade and the Ministry of Finance.

The Vietnamese economy is likely to expand by 6-6.5% in the base scenario, with even recovery recorded in all sectors of agriculture, industry, construction and services, Dr. Can Van Luc, a member of the National Financial-Monetary Policy Advisory Council, has predicted.

VOV.VN - The Central Institute for Economic Management (CIEM) unveiled two economic scenarios for Vietnam this year at a conference held on January 15 to release the report “Vietnam's economy in 2023 and prospects for 2024: Reforms to accelerate growth recovery”.

Standard Chartered Bank expects Vietnam to have a robust GDP growth of 6.7% in 2024 (6.2% and 6.9% in the first half and second half of the year, respectively).