According to the Ministry of Planning and Investment, the EVFTA would help Vietnam’s export value to the EU rise by about 42.7 per cent in 2025, and increasing to 44.37 per cent by 2030. Simultaneously, the import value from the EU to Vietnam will also pick up speed, growing by about 33.06 per cent in 2025 and 36.7 per cent by 2030. On a macro level, the EVFTA would contribute to an average 2.18-3.25 per cent in Vietnam’s GDP growth during 2019-2023, increasing to 4.57-5.30 per cent during 2024-2028, and 7.07-7.72 per cent high during 2029-2033. … [Read more...] about Scrutinising the implications of new deals on Vietnam’s economy
5 year visa exemption vietnam
Hoi An has seen a drop in tourist arrivals due to the COVID-19 outbreak. Photo from vietnamtourism.gov.vn Cao Tri Dung, chairman of the Da Nang Tourism Association, said: “The city will collaborate with Quang Nam and Thua Thien-Hue provinces to launch a promotion programme in March to pull visitors back to the Central region.” … [Read more...] about Central Vietnam launches new tourism promotions as arrivals fall due to COVID-19
Set along Tran Phu Street, Duong Dong Market sits close to the port of the eponymous name, where tourists can see throngs of fishing boats drop off freshly-caught eel, squid, mackerel, barracuda, and shellfish, sold in the early morning. … [Read more...] about Vietnam ‘pearl’ island enters top global destination list
These proposals were unveiled on February 25 during a meeting of the Quang Nam People's Committee as they work to seek solutions aimed at removing difficulties that the tourism industry faces as a result of the impact of the novel coronavirus (COVID-19) epidemic. According to a report released by the provincial Department of Culture, Sports and Tourism, the impact of COVID-19 epidemic has caused the growth rate of the tourism industry to decline during February, with drops in the number of visitors from several major markets such as China, the Republic of Korea, Taiwan, ASEAN, and Europe. Simultaneously, the domestic market has also seen a sharp fall in the number of tourists. … [Read more...] about Quang Nam proposes exempting tickets for major tourism sites
In early September 2018, the Ministry of Information and Communications (MIC) officially set the goal of developing a digital ecosystem in Vietnam, affirming that the ecosystem will play an important role in promoting the sustainable socio-economic development and contribute to ensuring national defense and security. … [Read more...] about Where are the opportunities for Vietnam’s digital production ecosystem?