A corner of Phu Quoc (Photo: VNA) Hanoi (VNA) – Attracting large capital for urban development is essential for Phu Quoc city, which houses Phu Quoc island – Vietnam's largest off the southern province of Kien Giang, serving its diverse and sustainable growth after years of investing in the entertainment-resort tourism industry. A survey by the Vietnam Institute of Real Estate Studies ( VIRES ) showed that, in the past 3-5 years, over 90% of investors participated in the market’s tourism-resort realty segment. However, at the moment, the focus of investment has shifted to urban projects boasting transparent legality, with over 60% of investors interested in this segment. The vast majority of them chose long-term investment, expecting that the projects’ prices will increase many times in the coming years. Vice president of VIRES Pham Nguyen Toan noted Phu Quoc is gradually transforming itself into a profitable investment and settlement destination. He also singled out … [Read more...] about Phu Quoc welcomes increasing investment in urban development
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Hanoi – Vientiane bolster economic ties
Cooperation between Hanoi and Vientiane remains an example of the long-standing and special relations Vietnam-Laos. Hanoi and Vientiane have been taking steps to bolster economic ties during the Vietnam-Laos 2022 Solidarity and Friendship Year. Overview of the “Hanoi-Vientiane Cooperation for Development” investment, trade, and tourism conference. Photo: The Hanoi Times At the investment, trade, and tourism conference titled “Hanoi-Vientiane Cooperation for Development” on August 10, Vice Chairman of the Hanoi People’s Committee Nguyen Manh Quyen noted the cooperation between Hanoi and Laos’ provinces in general, and with Vientiane in particular, have been progressing in all spheres, including priority fields of economy, healthcare, education, agriculture, military, and people-to-people exchange. Echoing Quyen’s view, Vice Director of the Hanoi’s Department of Planning and Investment Nguyen Ngoc Tu added since 2004, Hanoi has been funding several projects to … [Read more...] about Hanoi – Vientiane bolster economic ties
Vietnam, Qatar mutually waive visas for diplomatic, official passport holders
Vietnam and Qatar yesterday signed an agreement on visa exemption for their diplomatic and official passport holders. Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani sign the agreement on August 14. Photo baoquocte.vn The agreement was signed during talks yesterday between Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani during the latter’s visit to Vietnam. Minister Sơn emphasised that the visit, the first of its kind by the Qatari minister, is an important milestone in the bilateral relations between the two countries, especially as the two have recently successfully organised the second political consultation between the two foreign ministries and will celebrate the 30th anniversary of the establishment of diplomatic relations between the two countries in 2023. The two ministers highlighted the need to … [Read more...] about Vietnam, Qatar mutually waive visas for diplomatic, official passport holders