Sustainable homestay tourism taking shape

(VOV) - The escalating number of international tourists visiting Vietnam over recent years has motivated almost every ethnic group to set up their own homestay and this type of tourism is rapidly gaining in popularity. For ethnic groups in mountainous areas that cannot make extensive infrastructural investment but possess an abundance of tourism richness, homestays are an attractive tourism product. It entails a tourist living in an ethnic minority household to experience and learn about their way of life including local food and drinks and interaction with family members and friends. The tourist also has an opportunity to partake in daily activities such as cooking, farming and shopping. A few years ago, the livelihood of Giang A Tu and his wife-Ma Thi Chu in Giang Ta Chai village, Ta Van commune, Sapa district in the northern province of Lao Cai centred solely on rice cultivation and selling a few novelty items and souvenirs to passing tourists. Now they operate a homestay, which … [Read more...]

Tourist Attractions: Busy during National Day Holiday

The four-day holiday for National Day 2014 has driven a high travelling demand of Vietnamese people. This is also a golden opportunity for travel operators in Hanoi to discount tour prices, improve service quality and open new tours to draw more tourists. Orders for the holiday have increased from 20 percent from a year ago since June 2014, according to many travel agencies. Tourists are very interested in new domestic destinations. Vietrantour Company has opened air and road tours to Sunspa Quang Binh Resort, Paradise Cave, and General Vo Nguyen Giap Tomb in Vung Chua, Dao Yen, Quang Binh province. Ms Pham Thanh Tam, Head of Domestic Tour Department, Vietrantour Company, said that, with distinctive products and attractive promotion policies, Vietrantour expects to see a sharp rise of 20-30 percent in customers during the National Day holiday. "With lower tour prices than a year ago, as a big travel operator, Vietrantour has managed to sign contracts with domestic and international … [Read more...]

Hanoi forecasts 35% tourist growth during Tet

The Hanoitimes - Hanoi 's tourist industry expects the number of travellers will increase by 35% during the nine-day Tet (Lunar New Year) holiday. Many travel agencies have their Tet tours fully booked as early as one month before Tet. According to Duong Mai Lan, head of the Planning and Marketing Department of the Vietravel Company's Hanoi branch, about 3,000 people have booked tours during the period from December 27 to January 6 (Lunar calendar) via Vietravel Hanoi, a year-on-year rise of 35%. More than 80% of inbound tours have been filled while the figure for outbound tours is 98%, Lan added. Vietrantour Company reported a year-on-year increase of 12% in the number of tourists booking Lunar New Year tours. New destinations and short tours are the choice of most tourists. Among their favourites are the central beach cities of Nha Trang, Da Nang and northern mountainous mountains such as Sapa and Ha Giang. Some regional countries such as Thailand, Singapore and Malaysia … [Read more...]

Hanoi forecasts 35 pct tourist growth during Tet

Hanoi's tourist industry expects the number of travellers will increase by 35 percent during the nine-day Tet (Lunar New Year) holiday. Many travel agencies have their Tet tours fully booked as early as one month before Tet. According to Duong Mai Lan, head of the Planning and Marketing Department of the Vietravel Company's Hanoi branch, about 3,000 people have booked tours during the period from December 27 to January 6 (Lunar calendar) via Vietravel Hanoi, a year-on-year rise of 35 percent. More than 80 percent of inbound tours have been filled while the figure for outbound tours is 98 percent, Lan added. Vietrantour Company reported a year-on-year increase of 12 percent in the number of tourists booking Lunar New Year tours. New destinations and short tours are the choice of most tourists. Among their favourites are the central beach cities of Nha Trang, Da Nang and northern mountainous mountains such as Sapa and Ha Giang. Some regional countries … [Read more...]

Korean tourism awards ceremony in Hanoi

(VOV) - The 2014 Korea Double Double Incentive awards ceremony was held on December 12 in Hanoi by the Korea Tourism Organization (KTO) of Vietnam. The country has welcomed more than 70,000 Korean arrivals so far this year, Deputy General Director of the Vietnam National Administration of Tourism (VNAT) Ha Van Sieu revealed at the ceremony. Meanwhile more than 130,000 Vietnamese tourists have visited the Republic of Korea (RoK), Sieu added, noting the impressive figures are the result of the great cooperation between the KTO and Vietnam’s travel agencies. Kang Sungghil, KTO representative office in Vietnam, in turn said the event aims to honour individuals and collectives in Vietnam who have greatly contributed to the development of the tourism industry in the RoK. In 2014, KTO in co-ordination with Vietnamese travel operators had organized many worthy activities and campaigns including those to encourage Vietnamese athletes to compete at the Incheon Asian Games. … [Read more...]

Korean tourism awards ceremony held in Hanoi

(VOV) - The 2014 Korea Double Double Incentive awards ceremony was held on December 12 in Hanoi by the Korea Tourism Organization (KTO) of Vietnam. Vietnam has welcomed more than 70,000 Korean arrivals so far this year, Deputy General Director of the Vietnam National Administration of Tourism (VNAT) Ha Van Sieu revealed at the ceremony. Meanwhile more than 130,000 Vietnamese tourists have visited the Republic of Korea (RoK) Sieu added, noting the impressive figures are the result of the great cooperation between the KTO and Vietnam’s travel agencies. Kang Sungghil, head of representative office of KTO in Vietnam, in turn said the event aims to honour individuals and collectives in Vietnam who have greatly contributed to the development of the tourism industry in the RoK. In 2014, KTO in co-ordination with Vietnamese travel operators and other agencies the KTO had organized many worthy activities and campaigns including those to encourage Vietnamese athletes to compete at the … [Read more...]

Vietnam promotes tourism between Vietnam – Indonesia

The Hanoitimes - On December 3, to promote the exchange of visitors between the two countries Vietnam and Indonesia, a conference on tourism between Vietnam and Indonesia was held by Vietnam National Administration of Tourism. The event drew participations of tour companies, hotels, over 10 enterprises, Indonesia's media which are exploring destinations in Vietnam. Deputy General Director of the Vietnam National Administration ofTourism Ha Van Sieu said the traditional friendly relation, strategic partnership Vietnam - Indonesia have been established and continually strengthened. With nearly 250 million people, the proportion of the population belonging to the middle class and their needs to travel abroad are increasing. Indonesia has become a potential market with an important source of tourist arrivals to Vietnam . In 2013, roughly 8 million Indonesians traveling overseas including 88.6% of those travelled to Asia - Pacific, while the number of Indonesian visitors to … [Read more...]

Hungary communications delegation visits Vietnam

(VOV) - A Hungarian delegation comprising representatives of TV stations, press and travel agents are visiting Vietnam’s famous landscape and tourism sites and enjoying cuisines. Chairwoman of the Fund for Hungary-Vietnam Relations Phan Bich Thien said the delegation includes representatives of Hungary TV 2, HVG magazine, Turizmus Trend, Nepszabadsag, index.hu and travel agents. After visiting Ho Chi Minh City, Hoi An, Danang, Hanoi and Ha Long bay, they will make TV programmes and write articles on Vietnam’s tourism to introduce to Hungarian people. Thien added that the delegation members have deep impression on Vietnam and agreed that the country has great tourism potential with long and beautiful beaches, rich nature, hospitable people and delicious dishes. Kohegyi Anna, Editor-in-chief of Aktiv TV programme on TV2 said during their time in Vietnam they had tasted dozens of delicious dishes. Ha Van Sieu, Deputy Director of the Vietnam National Administration of … [Read more...]

Northern provinces establish partnership for tourism development

The four northern provinces of Bac Giang, Thai Nguyen, Hai Duong, and Quang Ninh need to work together closely to tap into their tourism potential, according to participants in a workshop in Bac Giang on October 4. The event concluded that tourism in the four localities, which are rich in natural and cultural resources, could generate substantial revenue from cooperating and developing new tourism services. Participants pointed out the lax coordination between the provincial tourism sectors. In particular, Thai Nguyen, Bac Giang and Hai Duong were yet to make full use of their proximity to Hanoi and Quang Ninh, two major tourism hubs in northern Vietnam , thus limiting the number of international tourists to the area. Deputy General Director of the Vietnam National Administration of Tourism Ha Van Sieu said the localities needed to base their tourism cooperation on the specific features of each province and the common regional identity to create appropriate tourism services that … [Read more...]

Southeast Asian rivers set to become tourism products

A traditional Khmer boat race on the Mekong River in Vietnam. Photo credit: Vietnamplus Southeast Asian tourism officials agreed further utilize the region's web of rivers during a meeting in Ho Chi Minh City on Monday. Officials at the conference, which included experts from the United Nations World Tourism Organization (UNWTO), pointed to the connective power of 33 big rivers in the region, including the Mekong which runs through Thailand, Laos, Cambodia and Vietnam, Thoi Bao Kinh Te Saigon reported. The officials said they will establish river-based tours by turning the Mekong and its basins into a tourism product. Hans Jacobsen from UNWTO said the ASEAN river network can create a collection of dynamic destinations that one cannot find anywhere else. Ha Van Sieu, deputy head of Vietnam National Administration of Tourism, said officials in each country will come up with their own development plans and cooperation proposals with other bloc members -- all of which will be … [Read more...]

ASEAN countries discuss waterway tourism

Dao Loan A survey shows that aside from numerous small rivers, there are as many as 33 big rivers running through the region, including the Mekong River, which connects many regional nations and therefore, holds potential for tourism development. The tourism sectors of the ten countries have aimed to make the most of the enormous potential of rivers in the region to open attractive waterway tours instead of developing tourism on only a part of the river system as done currently. According to their plan, each country will have their own waterway tourism services. At the same time, they will focus on main rivers which flow through many countries such as the Mekong River, which connects Vietnam, Thailand, Laos and Cambodia, to develop specific tours for the region. Hans Jacobsen, consultant at UNWTO, said the river system in ASEAN is able to create a connection among eventful destinations which can hardly be found anywhere in the world. Ha Van Sieu, deputy head of the Vietnam … [Read more...]

Vinatex builds VND150 billion garment plant in Bac Lieu

At the ground-breaking ceremony for the garment plant in Bac Lieu NDO - The Vietnam National Textile and Garment Group (Vinatex) on April 22 commenced construction of a garment plant at Tra Kha Industrial Zone in Bac Lieu. The plant has an investment of VND150 billion (US$6.9 million), covering an area of over 4 hectares. The plant will have an annual production of more than 5 million garment products and earn an estimated US$20-30 million in export revenue per year. It is expected to begin operations in October 2015, generating jobs for nearly 2,000 local people. The project aims to improve Vinatex's chain of yarn-weaving and dyeing to help it be active in almost all stages of the garment supply chain, according to Vinatex Deputy General Director Pham Phu Cuong. It is also a key project of the garment group after the conversion to a joint stock company, he added. The new plant is hoped to enhance competitiveness and production capacity as well as increase profits for … [Read more...]

Vietnam to adopt int’l financial reporting norms in 2016

Viet Nam will officially adopt International Financial Reporting Standards (IFRS) from 2016. (Illustrative image/Photo telegraph.co.uk) Vietnam will officially adopt International Financial Reporting Standards (IFRS) from 2016 in its efforts to enhance comparability and improve transparency. This information was revealed at a seminar held in Hanoi on April 21 on accounting standards updates for businesses. The seminar was organised by the Hanoi and Hochiminh stock exchanges in collaboration with the Ministry of Finance. "Shortening the gap between Vietnamese and international accounting standards is part of the country's consistent policy of deeper integration into ASEAN and world markets," said Vu Thi Kim Lien, Chairwoman of the Corporate Governance Advisory Council on the Hanoi Stock Exchange. She said that the new standards would drive Vietnamese companies to enhance financial transparency and improve risk controls for better asset management. This would not only generate … [Read more...]

VN to adopt int’l financial reporting norms in 2016

Viet Nam will officially adopt International Financial Reporting Standards (IFRS) from 2016. — Illustrative image/Photo telegraph.co.uk HA NOI (Biz Hub) — Viet Nam will officially adopt International Financial Reporting Standards (IFRS) from 2016 in its efforts to enhance comparability and improve transparency. This information was revealed at a seminar held in Ha Noi yesterday on accounting standards updates for businesses. The seminar was organised by the Ha Noi and HCM stock exchanges in collaboration with the Ministry of Finance. "Shortening the gap between Vietnamese and international accounting standards is part of the country's consistent policy of deeper integration into ASEAN and world markets," said Vu Thi Kim Lien, chairwoman of the Corporate Governance Advisory Council on the Ha Noi Stock Exchange. She said that the new standards would drive Vietnamese companies to enhance financial transparency and improve risk controls for better asset management. This … [Read more...]

Vasep warns of price competition with Indian shrimp

Trung Chanh Employees select shrimp for processing at a seafood enterprise in the Mekong Delta. Vasep says the price of Indian shrimp exported to the U.S. has dropped to US$11 per kilo while that of Vietnamese shrimp has remained unchanged - PHOTO: TRUNG CHANH Vasep cited sources as saying that the price of shrimp shipped to the U.S. averaged US$13 per kilo last year, a 15-year high, and the price differentials of shrimp exported by India, Indonesia and Vietnam were insignificant. However, Vasep said the price of Indian shrimp stateside has gone down to US$11 per kilo since January this year while that of Vietnamese shrimp has remained unchanged. Chu Van An, deputy general director of Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, said shrimp supply is ample in India and some other countries as they have better controlled the early mortality syndrome (EMS) in their shrimp farms, enabling them to cut unprocessed shrimp prices which account for 60-70% … [Read more...]

Q1 textile, garment exports fail to meet expectations

Though exports for textile and garments in the first quarter (Q1) of this year reached 4.75 billion USD, industry insiders said the figure was worse than forecast, the Hai quan (Customs) newspaper said. Late last year, the textile and garment industry expected to raise its textile and garment production by 20 percent in order to boost the sector's export value by 4 billion USD to 28.3 billion USD this year. The Vice Chairman of the Vietnam Textile and Garment Association Pham Xuan Hong said exports to the industry were often optimistic during the first and last months of the year. However, exports in the first quarter of this year were slow. Many domestic exporters also said their export contracts, especially for small and medium-sized firms, had declined sharply in Q1 this year. Some even reported a drop of up to 20 percent. Phi Ngoc Trinh, Deputy General Director of the Ho Guom Garment Joint Stock Co, said the drop was the steepest seen in the past 15 years. Hong attributed … [Read more...]

Vietnam 40 years after reunification from international perspective

Vietnam’s 40-year reconstruction cause after its reunification in 1975 has been hailed as a success story, with major international organisations and media taking note of the country’s rapid socio-economic development. The United Nations said a fter reunification, due to the severe damages caused by many years of war, policy weaknesses and a difficult international environment, Vietnam’s economy experienced a long period of crisis during the 1970s and 1980s. To overcome these difficulties the Doi Moi (renovation) process was initiated in 1986, and on the back of the reforms, the country has seen rapid economic growth. Since 1990, Vietnam’s GDP nearly tripled based on an average annual GDP growth rate of 7.5 percent - up until the global economic crisis in 2008. Growth suffered in 2008 (6.2 percent) and 2009 (5.3 percent) and is estimated to remain sluggish in 2010. Nevertheless, the percentage of the population living below the poverty line, estimated at 58 … [Read more...]

Q1 textile, garment exports fail to meet high expectations

Late last year, the textile and garment industry expected to raise its textile and garment production by 20 per cent in order to boost the sector's export value by $4 billion to $28.3 billion this year. — VNA/VNS Photo Danh Lam HA NOI (Biz Hub) — Though exports for textile and garments in the first quarter (Q1) reached US$4.75 billion, industry insiders said the figure was worse than forecast, the Hai quan (Customs) newspaper said. Late last year, the textile and garment industry expected to raise its textile and garment production by 20 per cent in order to boost the sector's export value by $4 billion to $28.3 billion this year. The Vice Chairman of the Viet Nam Textile and Garment Association Pham Xuan Hong said exports to the industry were often optimistic during the first and last months of the year. However, exports in the first quarter of this year were slow. Many domestic exporters also said their export contracts, especially for small and medium-sized firms, … [Read more...]

Vietjet launched Skyboss class & opportunities for free trip to Europe

From April 15 2015, customers traveling on Vietjet’s aircraft will have a chance to be the first to experience high-end, modern and prioritized aviation services. On this occasion, from now to July 13, 2015, passengers buying SkyBoss-class tickets may have a chance to enjoy a free trip to Europe. This award will be granted to ten passengers. More importantly, each time flying with SkyBoss class, passenger contributes to the program of "Compassion in Vietnam" that gives 10,000 insurance cards to the poor across the country. SkyBoss class incorporates many convenient services for passengers such as: check-in priority, 20 kilogram baggage allowance or a golf bag allowance, prioritized seats, business lounge, free meals, free SkyBoss buses to and from the aircraft. Passengers can also change the flight date/time. At the launching ceremony of the SkyBoss class, Vietjet announced the draw program for the free trip to Europe for receiving new Vietjet’s aircraft and a tour to … [Read more...]

Jewelry rule backs PNJ market share expansion

Tran Thu Customers buy jewelry at a PNJ store in HCMC - PHOTO: UYEN VIEN Nguyen Thi Cuc, deputy general director of PNJ, credited the company’s market share expansion to Circular 22/2013/TT-BKHCN issued by the ministry in September 2013 to govern the quality of jewelry gold. Cuc said thanks to the circular, PNJ and other jewelry enterprises with large-scale production and wide distribution networks have grown well in recent years. PNJ saw its jewelry market share rising to 21% last year from 14% in the previous year. With an additional 18 retail stores opened in 2014, the company had had a total of 169 jewelry shops as of the end of last year, and plans 35 new stores this year. PNJ’s profit rose strongly owing to good jewelry gold sales last year though the World Gold Council (WGC) said the demand for gold on the Vietnamese market dropped 8%. According to its audited report, PNJ obtained consolidated revenue of nearly VND7.3 trillion last year, falling 4% … [Read more...]