More realty businesses established, resume operations in 2022
1/30/2023 4:10:20 PM (GMT+0700)

Vietnam attracted foreign direct investment (FDI) worth 1.69 billion USD as of January 20 this year, down 19.8% annually, according to the General Statistics Office (GSO).

Vietnam’s consumer price index (CPI) in January edged up by 0.52 % month-on-month, fueled by high consumer demand for the Lunar New Year or Tet which fell in the same month, the General Statistics Office said on January 29.

According to the Foreign Investment Agency under the Ministry of Planning and Investment (MPI), Vietnam is likely to attract 36-38 billion USD in foreign direct investment (FDI) in 2023. The figure was nearly 22.4 billion USD in 2022.

Vietnam remains one of the 10 countries receiving the most remittances in the world, according to the recent Migration and Development Brief by the World Bank and the Global Knowledge Partnership on Migration and Development (KNOMAD).

On the basis of the allocated capital, the Provincial Management Board of Construction Investment Projects (Construction Board) has strengthened the management, speeded up the construction progress. Many projects have been put into use and brought into play effectively; contributing to promote local socio-economic development. Phu Yen Newspaper had an exchange with Mr Dang Khoa Dam, Director of the Construction Board about this issue.

With certain headwinds predicted for the global economy in 2023, Vietnam too, faces considerable challenges. But opportunities are also significant if concerted and appropriate solutions are taken, an expert has said.

The seafood industry grew rapidly in the third quarter of last year, but there are signs of a slowdown in the fourth quarter and it is expected to continue this year, particularly in large markets.

Imports and exports continue to be a bright spot for Vietnam despite facing numerous difficulties and Vietnamese enterprises can penetrate deeper into the global supply chains with good strategies, according to experts.

In warm weather, coastal urban areas are bustling with tourists and urgently for the transition in the new year.

Developing the country's mechanical industry sector is a top priority for Vietnam in the coming decades, said industry insiders and experts.

In the context of rising fossil fuel prices and increasing scarcity, the role of renewable energy becomes even more important. Currently, renewable energy sources have been gradually replacing traditional energy, contributing to ensuring national energy security, protecting the environment, and building a greener earth.