The Hanoitimes - With health care and other costs skyrocketing in the US, many soon-to-be retirees are considering what once might have been unthinkable: taking their retirement savings and moving overseas for their senior years. Vietnam among best global destinations for interior design Vietnam among nine countries where the US dollar is strongest in 2019 Vietnam has been named among 15 nations around the globe where retirees might easily get by on savings of US$200,000 or less, according to MoneyWise, a digital personal finance publication with a mission to create valuable content that helps people make good decisions and get ahead. Ha Long Bay, Quang Ninh province. With its rich culture and history, gorgeous natural landscapes and affordable cost of living, Vietnam is a truly special retirement destination, MoneyWise said. Two people can live on about US$1,500 a month in major cities — and if you head to the beach towns of Nha Trang or Da Nang, you could … [Read more...] about Vietnam shines in MoneyWise’s list best places to retire on US$200,000
Apply vietnam visa in singapore
Vietnamese quartet jailed in Singapore for $30,000 shoplifting spree
Nguyen Thi Thu Huong, 31, who is pregnant and identified as the ringleader of the shoplifters, was sentenced to one year and 11 months in jail, while another woman, Tran Thi Phuong Thao, 29, will spend 22 months behind bars, the Strait Times reported. Two men, Duong Tuan Dat, 27, and 30-year-old Van Tu Nguyen received the same sentence as Huong. All four suspects pleaded guilty to two counts of being in possession of fraudulently obtained items and one theft charge. According to the indictment, the accused drew up a plan to come to Singapore and steal clothing items from shopping malls and sell them after returning to Vietnam. Before arriving, the gang prepared special shopping bags lined with aluminium to avoid being spotted by anti-theft sensors, prosecutors said. The gang entered the island state on September 13 this year and targeted a Japanese retailer as they had heard that many pieces of clothing did not have sensor tags attached. Two days later, all four went to a Uniqlo store … [Read more...] about Vietnamese quartet jailed in Singapore for $30,000 shoplifting spree
Vietnam visa hassles could deter long holidayers
Frenchman Thomas and Thai girlfriend Araya had big plans for Vietnam. Their first visit to the country in August had impressed them so much that they wanted to return for a much longer trip. The first trip happened after they’d traveled from France to Bangkok to visit Araya's parents. As they socialized with Vietnamese people and learnt about different places in the country, they regretted not visiting Vietnam sooner. After the trip, Thomas researched more information about other travel destinations in Vietnam. Fond of motorbikes, he planned to enjoy exploring the northern mountains on one, apart from a leisure trip to Nha Trang, a resort town in central Vietnam, and Ho Chi Minh City for Araya. Vietnam’s beaches are a popular draw among foreigners, but those who want long holidays in the country face complicated visa rules and procedures. The plan was to spend the entire month of November exploring Vietnam, before Thomas starting a new job in December … [Read more...] about Vietnam visa hassles could deter long holidayers
Vietnam cashes in on spending boom by Chinese tourists
China has maintained its place as the biggest feeder market of Vietnam’s tourism in recent years, accounting for one third of all international visitors. More than four million Chinese visitors were welcomed last year, up 48.6 percent from the previous year. The surge in Chinese tourists has been a big boost for the local tourism sector because the visitors are also spending more in the country. Survey results released Tuesday by the Vietnam National Administration of Tourism, reveal the average daily spending by the Chinese increased from $118.6 in 2014 to $130 last year. Compared to other regional countries, the daily spending was below that of Chinese visitors in Thailand ($180), Indonesia ($183) and Singapore ($446). Tourism authorities are working hard to sustain the strong growth in the number of Chinese tourists. Many direct flights connecting Vietnamese major cities with China have been launched over the past years to cater to growing travel … [Read more...] about Vietnam cashes in on spending boom by Chinese tourists
BUSINESS NEWS IN BRIEF 14/8
Hong Kong calls for investment from Vietnam Hong Kong is currently an ideal destination for Vietnamese firms to expand operations abroad, heard a round-table seminar in Ho Chi Minh City on August 13. Vo Tan Thanh, Director of the Vietnam Chamber of Commerce and Industry (VCCI)’s Ho Chi Minh City Branch, held that Vietnam and Hong Kong are key major trade partners of each other with bilateral trade reaching 9.2 billion USD in 2017, up 22 percent from 2016. As of June 2018, Hong Kong was the sixth largest foreign investor in Vietnam with a total capital of nearly 19 billion USD, he said. With the ASEAN-Hong Kong free trade agreement, trade and investment between Vietnam and Hong Kong are both expected to grow fiercely in the near future. Vietnam is encouraging firms to expand investment abroad to popularise Vietnamese products across the world. Thanh hailed Hong Kong as a free, developed economy with a strategic location, modern infrastructure, and large capital … [Read more...] about BUSINESS NEWS IN BRIEF 14/8