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According to reports by the Japanese media outlet, the Communist Party's economic tool of choice, the five-year plan, puts the technology sector at the centre of Vietnamese ambitions to become an upper-middle-income country by 2025. In an effort to meet this goal, Vietnam recorded a handful of high-profile investments last year, including Pegatron, a supplier for Apple and Samsung, and LG Electronics, which relies on the Vietnamese market for its vehicle and smartphone businesses. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 21

Việt Nam's tourism industry has done "some very good policy making but they've generally ignored their own policies", said Peter Burns, a tourism planning consultant and professor who worked on a five-year EU-funded sustainable tourism project in Việt Nam. … [Read more...] about Tourism on track in the world’s largest cave

Revenues jump by up to 37 percent In recent days, many supermarkets have seen lots of footfalls. At certain times of the day, customers have to wait in line for their turn to pay. Ms. Nguyen Minh Ha, a customer of Co.opmart Nguyen Dinh Chieu in District 3, shared that this year her family decided not to travel but to stay in the city to celebrate the Tet holidays. So, when she had free time, she visited supermarkets to buy decorative products for her house and food to make many delicious dishes for her family. Mr. Nguyen Anh Duc, CEO of Saigon Co-op, said that in the first week of January this year, the purchasing power of the whole network surged by 37 percent compared to the previous week. Revenues surged robustly in a wide range of essential commodities, from fresh and processed foods, cosmetics, kitchen appliances to garments. The purchasing power at supermarkets in other provinces and cities has also increased well, especially at newly-opened supermarkets, such as Thap Muoi … [Read more...] about Purchasing power for Tet goods flourishes

Many experts claim that Tay Ninh is so endowed by nature that it has all kinds of experiences on offer. This place is also known as the "holy land" - the place of origin of many unique beliefs and religions nowhere else to be found. Tay Ninh is also wild and mysterious enough with Lo Go-Xa Mat National Park and Asean Heritage garden with a unique ecosystem, Ma Thien Lanh valley - the little northwestern of the east, or Southeast Asia's largest artificial freshwater lake: Dau Tieng Lake, Baden Mount - the roof of the southern region, etc., which all attract travellers. … [Read more...] about Awakening the sleeping beauty on the banks of the Vam Co Dong River

During his Mekong Delta trip in early 2020, Hanke visited Phong Dien and Cai Rang floating markets in Can Tho City, considered the heart of the delta - Vietnam's rice basket. The southern city is well-known for its floating markets, picturesque rural canals, and abundant fruit gardens. … [Read more...] about Mekong Delta floating markets through a foreign lens