National Assembly Chairman Vuong Dinh Hue is attending the 43rd General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA-43) that is taking place in Phnom Penh, Cambodia. The event is themed “Advancing together for sustainable, inclusive and resilient ASEAN”.
Vietnam welcomed 2.36 million foreign visitors in the first 10 months of this year, 18.8 times higher than the figure in the same period last year, but still down 83.7% compared with the pre-pandemic level in 2019.
FDI exceeds 22.46 billion USD in the first 10 months of 2022. Among the invested sectors, manufacturing and processing industry comes on top, followed by real estate and then wholesale and retail sectors. Top 10 countries for investment in Vietnam are listed as follows
Hanoi attracted 1.28 billion USD in foreign direct investment (FDI) in the first 10 months of this year, a rise of 27% year on year, reported the city Department of Planning and Investment.
President Nguyen Xuan Phuc’s official visit to Thailand and attendance in the 29th APEC Economic Leaders’ Meeting there are expected to create a new impulse for the two countries’ enhanced strategic partnership. In the past 24 years, especially after the two countries established a strategic partnership, the Vietnam-Thailand relations have developed strongly across fields.
The 15th National Assembly’s 4th session recently approved a Resolution on the socio-economic development plan in 2023, with GDP targeted at 6.5% and per capita GDP at 4,400 USD.
Vietnam's digital economy is said to boast the fastest growth in the Southeast Asian region with gross merchandise value (GMV) expected to rise 28% year-on-year to 23 billion USD in 2022.
The Ministry of Planning and Investment proposes the Ministry of Transport select a plan to invest in a high-speed railway with the operation of mix trains that contain both passengers and freight cars, with a designed speed of about 250km per hour.
The traditional friendship and solidarity between Vietnam and Cambodia have been further strengthened since the two countries established diplomatic ties in June 1967.