The COVID-19 outbreak froze both domestic and international tourism.

🀅 Public investment projects were put on ice, due to challenges from immigration policies in engaging foreign experts.

Reopening borders to international visitors from March 15 last year is seen as a precise and timely policy from the Party and the State after two years of COVID restrictions. As a country whose economic growth relies upon industry, agriculture, and services, the move helped generate jobs and stimulate economic growth.

Vietnam posted impressive economic performance last year, with GDP rising over 8%, the Index of Industrial Production 7.8%, exports 10.6%, and total retail sales of goods and services nearly 20%.

It catered to more than 101 million domestic travellers, surpassing the target of 60 million and up 19% against the record figure in 2019. It also welcomed 3.5 million foreign arrivals.

A bright economic picture was painted in the opening two months of this year, with revenue from tourism, catering, and accommodation services surging 124% year-on-year.

ꦓ Facing serious headwinds from fluctuations in commodity prices due to the Russia - Ukraine conflict, the Vietnamese Government has shown its proactive role in stabilising the macro-economy and controlling inflation, helping boost economic growth./.