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Hanoi has witnessed remarkable progress over the past year, especially within its tourism industry. Despite economic headwinds on both domestic and international fronts, the city’s tourism sector demonstrated a robust recovery and significant growth. According to the Hanoi Tourism Department, Hanoi experienced a boom in tourism, welcoming 27.86 million visitors, reflecting a 12.7% increase from the previous year. This included 6.35 million international tourists, a substantial rise of 34.4%, along with 21.51 million domestic visitors, indicating a healthy 7.5% growth. This influx of tourists has had a positive ripple effect on the economy, with total revenue estimated at VND110.52 trillion (approximately US$4.61 billion), an encouraging increase of 18.3%. These impressive figures were revealed during a conference on the tourism sector’s roadmap for 2025, held on December 30. They underscore the resilience and growth of Hanoi’s tourism industry in 2024. The capital’s tourism sector n...

The Vietnam Medi-Pharm Expo 2024 is organized by Vinexad JSC and the Ho Chi Minh City Medical Equipment Association (HMEA), under the ownership of the Ministry of Health. This exhibition serves as a platform for businesses operating in the medical and pharmaceutical industries to forge partnerships and expand their reach in Vietnam, a market with vast potential for growth. Medical and Pharmaceutical Products and Services: A Sector with Long-term Development Prospects According to Mordor Intelligence, the global medical device market is projected to expand from USD 637.04 billion in 2024 to USD 893.07 billion by 2029, attaining a compound annual growth rate (CAGR) of 6.99%. Vietnam’s medical device market is also experiencing robust growth, with a market size of US$1.677 million and a CAGR of 10.2%, ranking eighth in the Asia-Pacific region. This sector has further attracted significant foreign investment through mergers and acquisitions (M&A). Factors Propelling ...