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There are factors that strongly drive the growth of Vietnam's foreign direct investment (FDI) attraction in the second half of this year and there will be interesting surprises waiting ahead, said Chairman of the Vietnam's Association of Foreign Invested Enterprises (VAFIE) Prof. Dr. Nguyen Mai.
In spite of difficulties due to negative impacts of the COVID-19 pandemic and the Russia-Ukraine conflict, Ninh Binh province's exports have enjoyed high growth in 2022.
In recent years, Ninh Binh's tourism sector has witnessed strong growth with an increasing number of tourist arrivals and a growing amount of revenue. Ninh Binh has been become a bright spot in Vietnam's travel map, and ranked among top 15 leading destinations and top 10 provinces with the highest number of visitors. Apart from its outcomes, the tourism sector still sees weaknesses such as unattractive tourism products and poor entertainment activities which fail to keep tourists stay longer.
After it was re-established in 1992, Ninh Binh province clearly defined its advantages for tourism growth. However, to develop the non-smoke industry, it requires synchronic infrastructure. Therefore, in the past 30 years, Ninh Binh has paid due attention to building infrastructure, creating momentum for the province to become a bright spot in the country's tourism map.
Positive signs of investment inflows have been seen during meetings between National Assembly Chairman Vuong Dinh Hue and executives from many big European firms on the occasion of Hue's working visit to the European Parliament and a number of European countries from September 5-11.
Budget collection was a bright highlight in the first seven months of 2019 as it expanded three times higher than the average rate of VND 38,300 in the same period of previous years.
After a successful 2018, managers and fans are brimming with hope that Vietnam's sportsmen and women will obtain more international successes this year.
The expanded export market and revenues hitting record high with US$40.02 billion, and the promotion of domestic consumption are the bright spots of Vietnam's agricultural sector throughout 2018, which witnessed the highest agricultural growth rate over the past seven years.
Ninh Binh should focus on developing key industries with bright prospects such as the sea economy associated with protection of sea and island sovereignty, and boosting tourism combined with promoting the cultural values of heritages in the locality.
Prime Minister Nguyen Tan Dung and Governor-General of Australia Peter Cosgrove at a March 17 meeting in Sydney agreed that there is a bright horizon for cooperation.
Vietnam's industrial production has shown a growing trend through the first 6 months of the year, posting a growth of 5.8 % year on year, a positive signal that the economy are on the road to recovery
