Top 10 significant events that shape Vietnam in 2022
GDP growth faster than expected, border reopening, and fuel shortages in many localities are among the top 10 events that shaped Vietnam in 2022, as selected by Vietnam News Agency.
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GDP growth faster than expected, border reopening, and fuel shortages in many localities are among the top 10 events that shaped Vietnam in 2022, as selected by Vietnam News Agency.
Thanks to practical and effective solutions, Ninh Binh's tourism sector has revived strongly after the COVID-19 pandemic with increasing number of tourist arrivals. The province's tourism sector and trave companies have made efforts to renovate promotion programmes and diversify tourism products in a bid to draw more visitors in the year-end months.
The strong development of Ninh Binh's tourism sector in the past years has affirmed right policies of the province. However, after a period of growth, the sector has revealed some shortcomings, requiring Ninh Binh to take strategic measures for long term development.
In recent years, the mechanisation of agriculture in Ninh Binh province has been developed and multiplied, thus helping to reduce labour force, stimulate agricultural services and contribute to the agriculture sector's growth.
Ninh Binh needs to continue to strongly renew its growth model, restructure the economy based on the application of science, technology and innovation in association with the synchronous implementation of the province's three breakthroughs, namely digital transformation, human resources and infrastructure, Prime Minister Pham Minh Chinh said on November 18.
The National Assembly passed a resolution on socio-economic development tasks for 2023 at its year-end session on November 10, with GDP projected to expand by 6.5%.
The consumer price index (CPI) posted year-on-year growth of 2.89% in the first 10 months of 2022 while core inflation rose 2.14%, the General Statistics Office (GSO) revealed on October 29.
The Department of Agriculture and Rural Development of Ninh Binh province organised a meenting on October 7 to review the sector's performance in the first nine months and launch tasks and solutions in the remaining quarter of 2022.
Though price fluctuations and political conflicts have affected international trade, Ninh Binh province's export still achieved impressive growth in the first eight months of 2022.
The Asian Development Bank (ADB) has maintained its favourable economic outlook for Vietnam as it forecasts the country's gross domestic product to expand 6.5% in 2022 and 6.7% in 2023, based on the update of its flagship economic report released on September 21.
Prime Minister Pham Minh Chinh has signed a decision, establishing a national steering committee on green growth led by Deputy Prime Minister Le Van Thanh.
Ninh Binh province has defined that green growth is based on developing tourism sustainably and clean industry to create high production value. These will serve as a foundation for Ninh Binh to turn itself into a key tourism centre of the country and the region and become a relatively developed province in the Red River Delta.
After the COVID-19 was basically controlled, Ninh Binh's tourism activities have been revived and seen robust growth. Ninh Binh has been seen as a safe, friendly and attractive destination, and is listed among 10 cities and provinces nationwide with the strongest tourism recovery in the recent time.
The northern province of Ninh Binh's GRDP in the first six months of 2022 reached 22.5 trillion VND (968 million USD), a year-on-year increase of 3.53%. In an attempt to fulfill the growth target set in Resolution No. 104/ NQ-HDND dated December 10, 2021 of the provincial People's Council, local administrations at all levels and sectors have been implementing synchronous measures to reach the GRDP growth rate of 7%, equivalent to 48.58 trillion VND (2.08 billion USD).
Despite moderation in July exports this year, Moody's Analytics - a unit of Moody's Corporation, has forecast Vietnam's GDP growth in 2022 to reach 8.5% - the highest among its peers in the Asia-Pacific region.
Thanks to the drastic implementation of measures to control poultry and animal diseases, Ninh Binh province's animal husbandry sector has recovered and developed both in quality and quantity, recording high growth as compared to the same period last year.
The number of visitors to the northern province of Ninh Binh has increased sharply. This is a positive signal for the tourism sector as it not only helps revive the industry's sustainable growth but also affirms Ninh Binh as a safe, friendly, quality and attractive destination of Vietnam.
Vietnamese businesses have been enjoying breakthrough growth thanks to exportation through e-commerce exports.
The Ninh Binh Provincial People's Committee held a meeting on July 6 to discuss measures to boost the province's economic growth in the second half of 2022 and the coming time.
Vietnam's Gross Domestic Product (GDP) in the second quarter of this year was estimated to increase 7.72% year-on-year, higher than the growth rates in the same quarters during the 2011-2021 period, the General Statistics Office (GSO) reported at a press conference on June 29.
The volume of international searches for Viet Nam's tourism soared by 50-75 percent, the fourth highest growth rate worldwide, according to a report from the Google Destination Insights.
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.
The series of 31 SEA Games events have helped Vietnam's tourism gain many positive results in May and the first five months of 2022, both in terms of international arrivals and revenue from travel and other tourism services.
In an effort to effectively prevent and control the COVID-19 pandemic and develop the economy, the Ninh Binh Provincial People's Committee on April 21 held a meeting to discuss ways to boost economic growth in the coming time.
Vietnam's seafood exports made a strong recovery in the first quarter of 2022, with total revenue reaching 2.4 billion USD, up 38.7% year on year. Such an impressive result was thanks to strong growth in the export of shrimp and shark catfish.