Destination attractiveness 2016

Illustrative photo (Source: VNA) Hung Yen (VNA) – The Management Board of Industrial Parks in the northern province of Hung Yen has so far this year recorded about 322.9 million USD worth of new capital and that added to existing projects. There were a total of 15 new projects and 23 existing ones with added capital. In July alone, the figures were four and two, respectively, with their total value topping 49.6 million USD. The board said it has regularly supported investors in running their projects and business operations. To date, Hung Yen’s industrial parks house 434 operating projects, including 246 foreign-funded ones. Businesses in these parks are hiring some 76,000 employees. Illustrative photo (Source: baohungyen.vn) The province boasts a favourable location and transport conditions as it borders the capital city of Hanoi and is close to Noi Bai airport./. VNA … [Read more...] about Hung Yen’s industrial parks attract nearly 323 million USD

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 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

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

Double digit export growth According to the Hanoi People’s Committee, the export turnover of goods in June 2022 reached about US$1.517 billion, up 6.8 percent from May 2022 and 17.5 percent from June 2021. In the first half of this year, the commodity exports turnover reached US$8.3 billion, up 17.1 percent over the first half of 2021. Some key items with increased export turnover in this period included textile and garment, reaching US$1.22 billion, up 29.6 percent; computer components and peripherals, US$1.072 billion, up 20.2 percent. The total import turnover of goods hit US$3.675 billion in June and US$20.5 billion in the first six months of 2022, the latter of which is 24.5 percent higher than the same period in 2021. Among the items of highest value were machinery, equipment and spare parts reaching US$2.996 billion, down 5.6 percent; petroleum US$2.934 billion, 2.8 times higher than the same period in 2021; computers, electronic goods and components at US$1.535 … [Read more...] about Hanoi helps firms implement trade deals

Cable car at Ba Den Mountain in Tay Ninh Province According to Deputy General Director of Saigontourist Tran Quoc Bao, the company launches more than 100 domestic and international tours serving around 30,000 turns of visitors during four-day holidays. Similarly, other travel agencies including Vietravel, Fiditour - Vietluxtour, TSTtourist and so on have massive tours to famous destinations and luxury resorts discovering culture and history in Ho Chi Minh City and other provinces. Among them, the top selected destinations are Nha Trang, Phu Quoc, Ba Den Mountain in Tay Ninh Province and so on. Son Tien water park, the biggest water park in Vietnam With its location nearby Ho Chi Minh City, Dong Nai Province is on the top list of numerous visitors, comprising Buu Long Tourism Area in Bien Hoa City, Son Tien water park. It is calculated that Son Tien water park welcomed dozens of thousands of visitors a day and it is expected that numerous tourists will flock to the tourism … [Read more...] about Tours nearly fully booked for National Day holiday