Vietnam’s new visa policy may help the country welcome 12 million foreign tourists this year, far surpassing the target of 8 million set previously, said Hoang Nhan Chinh, Secretariat Director of the Vietnam Tourism Advisory Board (TAB).
E-visa procedures for foreigners to enter Vietnam
(TBTCO) - E-visa procedures are the fastest, most convenient, and most comfortable way for foreigners to apply for a visa to enter Vietnam.
Vietnam has invested over 3.7 billion USD in 110 projects in the Lao and Cambodian provinces located in the three countries’ Development Triangle so far, statistics show.
Vietnam’s seaports handled nearly 112 million tonnes of cargo in the first two months of 2024, a year-on-year increase of 8%, statistics from the Ministry of Transport's Vietnam Maritime Administration revealed.
The next several years of the decade will play a decisive part in transforming Vietnam into an industrialised nation, achieving its goal of sustainable development and breaking into the world's high-income group.
Vietnam remained an exception in attracting foreign direct investment (FDI) on the global and regional scale last year. The Southeast Asian economy was expected to attract a large amount of FDI this year, said economists and analysts.
There is still room for the State Bank of Vietnam (SBV) to make another policy interest rate cut in 2024 to boost economic growth, analysts believed.
The Ministry of Industry and Trade (MoIT) will take measures to promote economic, trade and investment cooperation between Vietnam and five Central Asian countries (C5) of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.
A delegation of representatives from 14 international financial institutions led by Maybank Investment Banking Group (MIBG) recently visited Vietnam to learn about the local market, according to the Vietnam Chamber of Commerce and Industry (VCCI).
Overnight interest rate in the interbank market has surged to more than 4%, the highest level in the past nine months, data from the State Bank of Vietnam showed.