Vietnam welcomes first meteor shower of 2023

Local astronomy lovers will have the chance to enjoy the sight of the Quadrantids, the first major meteor shower of the year as it reaches its peak between nightfall and dawn on January 4.

Official believes in strong rebound of stock market

Vietnam’s stock market will bounce back strongly and develop in both quantity and quality in 2023 to remain an effective capital mobilisation channel for the economy, an official has said.

HCM City’s tourism sector pockets over US$250 mln on New Year holiday

Ho Chi Minh City, the largest city of Vietnam, earned over 5.9 trillion VND (251 million USD) from tourism services during the New Year holiday from December 31 to January 2.

Party chief urges utilising opportunities for socio-economic development

All opportunities should be optimised to successfully achieve the socio-economic targets set for 2023 and the 2021-2026 tenure, Party General Secretary Nguyen Phu Trong said at a teleconference on January 3.

Air transport grows 3.7-fold on yearly basis

The aviation market recorded about 55 million passengers in 2022, rising 3.7-fold from the previous year and equivalent to 69.6% of that in the pre-pandemic 2019, according to the Civil Aviation Authority of Vietnam (CAAV).

State budget collection up 15% in 2022

Total State budget collection was estimated at over 1,803 trillion VND (76.6 billion USD) in 2022, equivalent to 127.8% of the estimate, up 15% year on year, reported the Ministry of Finance (MoF) on January 3.

Fiscal, tax support policies continue in 2023: Deputy Minister

The Ministry of Finance has suggested solutions related to fiscal and tax policies in support of citizens and businesses this year, Deputy Minister of Finance Nguyen Duc Chi told the government's regular press conference on January 3.

Investigations into Viet A, rescue flight cases to be completed in January

The Ministry of Public Security is striving to complete investigations into the Viet A and rescue flight cases in January, the Ministry's Office Chief Lieut. Gen To An Xo informed the press on January 3.

WB Lead Country Economist: Vietnam has strong macro-economic performance in 2022

Vietnam has a strong macroeconomic performance in 2022. The economy grew by 8.02 percent in 2022. This is a remarkable result, particularly considering the economic slowdown experienced in the rest of the world.

VIETNAM NEWS HEADLINES JANUARY 3

Hanoi aims to become science-technology hub of Southeast Asia

Fewer storms to hit Vietnam this year

Vietnam is forecast to face fewer storms and tropical depressions in 2023 than in previous years, according to the Vietnam Meteorological and Hydrological Administration.

VIETNAM BUSINESS NEWS JANUARY 3

Business integrity passport to global supply chains

Schools arranging Tet bonus for teachers in remote areas

Schools across the country were trying to balance their spending to give gifts to encourage teachers during the upcoming Lunar New Year.

Government-to-localities conference opens to review 2022 performance, launch 2023 tasks

Party General Secretary Nguyen Phu Trong attended the Government’s teleconference with centrally-governed provinces and cities on January 3 to review the nation’s socio-economic performance in 2022 and discuss development plans for this year.

Vietnam named as hosts of Miss & Mister Fitness Super Model World 2023

The Miss & Mister Fitness Super Model World 2023 contest is scheduled to take place in May, with the southern province of Binh Thuan hosting the event.

Politburo issues resolution on development of HCM City

Party General Secretary Nguyen Phu Trong on January 2 signed off the Politburo’s Resolution No 31-NQ/TW on orientations and tasks for the development of Ho Chi Minh City by 2030, with a vision to 2045.

Vietnam cannot develop without large private businesses: experts

According to the Ministry of Planning and Investment, the number of small private enterprises becoming medium scale and growing from medium to large scale in Vietnam is low.

Pressure on capital market forecast to ease in 2023

Financial expert Dr Dinh The Hien said Viet Nam's GDP growth rate in 2023 will slow to below 7 per cent, but it is still a good growth rate compared...

HCMC strives for US$ 14,500 GRDP per capita

By 2030, Ho Chi Minh City aims to achieve annual economic growth of 8 - 8.5 percent, with the gross regional domestic product (GRDP) per capita reaching about US$14,500, and the digital economy making up 40 percent of its GRDP.

HCM City honours 12 outstanding young citizens

Twelve outstanding young citizens of HCM City in 2022 have been honoured by the city’s Hồ Chí Minh Communist Youth Union.

Garment exports expected at more than $45 billion in 2023: association

The Vietnam Textile and Apparel Association (VITAS) forecast garment exports to reach more than USS$45 billion in 2023, higher than this year value of $44 billion, driven by the opportunities provided by new-generation free trade agreements.

An unforgettable post-Covid year

Later this week, socio-economic statistics will be officially released and are expected to be good, simply because the economic performance in the post-Covid year is better than 2021 when Vietnam was under lockdown.

ADB commends Viet Nam for maintaining stable macro-economic environment in 2022

The Asian Development Bank (ADB) commends Viet Nam for maintaining a stable macro-economic environment despite all of external shocks.

Vietnam's strategy on deposit insurance development approved

Deputy Prime Minister Le Minh Khai has recently signed Decision 1660/QD-TTg, approving the Strategy on deposit insurance development by 2025, with a vision towards 2030.

Opportunities and challenges for Vietnam’s tourism

New tourism trends not only pose challenges but also offer opportunities for Vietnam, which has great indigenous cultural value and experiences.