Within the framework of WEF Davos 2024, Vietnamese Prime Minister Pham Minh Chinh on January 16 presided over a panel discussion with global technology firms on cooperation to develop AI, automotive technology and semiconductor industry.

Vegetables, rice, and coffee have seen a surge in orders right from the beginning of 2024, signaling a busy year ahead despite challenges in the global trade.

The hotel real estate market in Vietnam, particularly in Hanoi and Ho Chi Minh City, is predicted to see a big supply thanks to new projects in the 2024-2026 period, according to Savills Vietnam.

Hyosung, the Republic of Korea (RoK)’s leading supplier of the power transformer industry, plans to inject an additional US$2 billion into the Vietnamese market this year.

StaBOO Holdings AG, a subsidiary of BARD AG specializing in research, development and production of high-end interior products, will build a VND3,000 billion bamboo processing factory in Vietnam’s Thanh Hoa province.

The Soc Son district People’s Committee is collecting opinions from agencies, organizations and individuals about the 1/500-scale detailed planning for a multi-purpose entertainment complex and horse racetrack capitalized at $420 million.

The National Assembly’s Standing Committee has requested the government to draw up a plan on taxing owners of many houses and land plots, as well as real estate speculators.

Hanoi real estate market in 2023 saw the lowest sales in the villa and townhouse segment in the past 10 years, but selling prices of the villa and townhouse segment in Hanoi continued to increase strongly.

The number of Vietnamese enterprises acting as Samsung’s tier-1 suppliers has seen a 12fold increase over the past nine years, from 25 in 2014 to 306 in 2023, according to General Director of Samsung Vietnam Choi Joo Ho.

Deposit interest rates at four major banks of Vietnam were adjusted sharply, down by 0.4% per year from the previous listings, bringing the rate to 1.8% per year at the lowest.

The price of resort real estate has dropped by 10-40 percent, or even up to 50 percent, but many properties remain unsold. However, liquidity is expected to improve as this type of real estate will now receive a red book (land use right certificate).

The development strategy of the coal industry to 2030 with a vision to 2045 has been approved by Deputy Prime Minister Tran Hong Ha.

Vietnam’s FV Hospital has officially become a member of Singapore-listed Thomson Medical Group Limited (TMG), manifesting Vietnam's potential to develop high-quality medical services, thus attracting foreign investors.

VN remains committed to efforts in restructuring its agriculture sector, promoting the development of green, clean, ecological, organic, high-tech, intelligent agriculture and adapting to climate change.

The Ministry of Transport (MOT) has proposed an amendment to the Law on Railways to increase the state’s capital contribution to railway projects implemented under private public partnerships (PPP) from 50 percent to 80 percent.

Vietnam earned nearly US$97 billion from its exports to the United States last year, representing a decline of 11.3% year on year, according to the Ministry of Industry and Trade.

The government has proposed using more than VND63 trillion from contingency fund of the 2021-2025 public investment sourced from the 2022 increased budget revenue for development projects.

The World Economic Forum (WEF) will help Ho Chi Minh City to establish a Centre for the Fourth Industrial Revolution (C4IR).

The project will be implemented from the Summer-Autumn crop in 2024, with funding of 16 million AUD (10.5 million USD) from the Australian Embassy in Vietnam.

Inspired by recovering goods export activities since the remaining months of 2023, the Vietnamese government will expand markets to boost shipments this year and beyond.