Investment

On the economic front, Vietnam made extraordinary efforts to recover from the COVID-19 pandemic while safeguarding major macroeconomic balances, preventing the economy from being destabilised by external shocks, Party General Secretary To Lam said.

Smart manufacturing has moved to the forefront as Vietnam looks to boost production quality and capacity.

Looking toward 2045, the province envisions the formation of large-scale concentrated raw material zones with optimized crop structures. Priority will remain on large-timber forests, indigenous species, and certified sustainable forests.

The maximum fine of up to VND400 million (approximately $15,200) will be applied following a new decree issued by the Government.

A new legal framework and greater focus on localization strategies promise to revitalize Vietnam’s railway industry.

The growth reflecting a clear recovery in production and business activities despite ongoing challenges.