The capital has attracted more than US$41.1 billion in foreign direct investment (FDI) to rank second in the country behind only Ho Chi Minh City in terms of FDI.

The National Power Transmission Corporation has signed credit contracts worth over 15.6 trillion VND (634 million USD) with five banks to implement projects to build the 500kV circuit 3 transmission line section from Quang Trach to Pho Noi.

A complex of commercial, tourism, financial - banking, and advanced technology facilities worth over 350 million USD in total is set to be built in the vicinity of Tan Thanh Border Gate, the northern province of Lang Son.

Fruit and vegetable exports are predicted to set a new record in 2024, possibly exceeding the 6-billion-USD tunover goal and even approaching the 7-billion-USD milestone.

Political conflicts and climate change, which caused rice demand and rice prices to increase in 2023, are continuing in 2024. Therefore, the need to import and reserve food in general and rice in particular is continuing to increase this year.

Many significant financiers from developed countries are ready to invest in the country's semiconductor chip manufacturing, according to the Ministry of Science and Technology.

The Civil Aviation Authority of Vietnam (CAAV) has predicted that the nation’s aviation sector will fully recover by the end of this year, in line with broader Asia-Pacific expectations.

Expanding their customer base and diversifying products are among the solutions that Vietnamese textile and garment producers are applying to maintain their competiveness with new rivals.

Real estate and bank shares caught securities investors’ attention last week after the amended Land Law and the Law on Credit Institutions were approved by the National Assembly on January 18.

Now could be a good time for Vietnam to review investment incentives and raise diversified policies in line with international practices.

The government has requested new measures to assist Vietnam in maintaining its growth outlook and ensuring it meets export targets this year, via its annual resolution covering the general economic situation.

Despite the latest legal improvement and huge potential, it may yet take some time for Vietnam to become a true transport investment destination.

Candied fruit, a popular confectionery item consumed during Tet, is losing out to other snacks as people’s eating habits are becoming healthier.

The Ministry of Transport has urged investors and contractors to focus on resolving bottlenecks related to land clearance and material supply, aiming to accelerate progress of the second phase of the North-South expressway project.

Asia is the largest market for Vietnamese peppercorns, accounting for 52.7% of the nation’s total export volume of the product, heard the Vietnam Pepper and Spice Association (VPSA)’s annual conference held in Hanoi on January 25.

Hanoi has been implementing measures to support enterprises to regain growth momentum in 2024, according to Acting Director of the city’s Department of Industry and Trade Tran Thi Phuong Lan.

Vietnam’s durian, or ‘king of fruit’, brought turnover of $2.3 billion in 2023 while Thai market share for durian in China fell sharply.

A number of petroleum distributors owe trillions of dong in tax, mostly environmental protection tax.

Vietnam's seafood exports to Canada last year decreased by 38.5% compared to 2022 with the country being the seventh largest seafood supplier to this market, according to the Import-Export Department under the Ministry of Industry and Trade.

The challenges presented by the carbon credit market were the main talking points of a meeting on January 24.