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The phrase "are advancing well" is correct and usable in written English.
It can be used to describe progress or improvement in a situation, project, or task.
Example: "The team reports that the project deadlines are tight, but overall, they are advancing well."
Alternatives: "are making good progress" or "are moving forward successfully."
Exact(1)
"Plans to build new reactors are advancing well and have achieved a level of maturity to make it attractive to potential new investors," he added.
Similar(59)
"The boy's health situation is advancing well" says Abdul Hamid from the SARC team.
The construction of the LHC, machine and experiments, is advancing well and proton proton collisions are expected to take place in the summer of 2007.
"Since prices have been advancing well beyond any reasonable measure of value, Thursday's declines felt more like orderly corrections than chaotic panics.
"The only battle in which we are not advancing well is the battle of perception," Mr. Calderón acknowledged in an interview with Reuters last week.
And it was clear: he was gifted, advanced well beyond the fourth grade in reading and general comprehension.
On the positive side, they mentioned that the correct answer is "appropriate", "advanced", "well-made", and the like.
An intelligent well is defined as an advanced well equipped with intelligent completion technology.
Kingsman is a highly advanced, well-funded independent secret service unaligned with any government.
Preparations are well advanced.
My plans are well advanced and I look forward to presenting them to shareholders.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com