Processing and manufacturing enterprises have forecast better performance in Quarter 2 despite global headwinds posed by conflicts and high production costs, according to the General Statistics Office (GSO)’s survey.
About 12.6 million international tourists have visited Vietnam this year, a 3.4-fold rise from 2022, surpassing the target of 8 million set earlier, the General Statistics Office (GSO) reported on December 29.
The Republic of Korea has become Vietnam's largest international tourist source with more than 810,000 Korean visitors visiting the country in the first three months of 2023, an increase of 55% over the same period in 2022 and equal to 81% of the pre-pandemic level.
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.
Only around 40% of international routes have been restored as compared with the pre-pandemic level, Dinh Viet Thang, head of the Civil Aviation Authority of Vietnam (CAA), told a meeting held by the Ministry of Transport in Hanoi on July 29.
The ASEAN Economic Ministers’ (AEM) Special Meeting 2022 showed optimism that the region will return to pre-pandemic levels, with GDP growth expected to reach 4.9 percent in 2022 and 5.2 percent in 2023.
Vietnam would earn 1.54 billion USD from tra fish export this year, up 3 percent from 2020, the Vietnam Association of Seafood Exporters and Producers (VASEP) forecast.
Vietnam appears to be leading the economic recovery among four emerging economies in ASEAN known collectively as CLMV (Cambodia, Laos, Myanmar and Vietnam), with exports and manufacturing already "far above" pre-pandemic levels, according to Maybank Kim Eng.
