Danang aims to attract Russian touristsThe central coastal city of Danang is striving to lure more Russian and European tourists in a bid to diversify international visitors, but it is facing some difficulties with weather conditions and air routes, which should be addressed to meet the target.The leader of the Danang government, who is on a visit to Europe, is working with Russian travel firm ANEX Tour in Moscow City to discuss a plan on tourism promotion. The tour is scheduled to conclude on August 21.Tourism experts noted that it is necessary to increase the number of Russian and European visitors to Danang City to diversify tourist sources, adding that certain factors, such as weather, may affect these efforts.Russian tourists tend to travel to Danang City between October and February to avoid freezing weather in their country, but unfortunately, this is also the storm season in the city.According to Nguyen Duc Quynh, deputy general director of Furama Resort Danang, many tour … [Read more...] about BUSINESS NEWS IN BRIEF 18/8
Expecting money in return
Vietnam firms join Tamil Nadu food expo in India Seven Vietnamese enterprises are showcasing their products at Vibrant Tamil Nadu - Global Expo & Summit 2018 in the Indian state of Tamil Nadu, which runs from August 12-15. The food and beverage expo also features nearly 200 Indian firms and representatives from 29 other nations. Several workshops on food, processed food and beverages and measures to boost the sector’s development have been held at the event, along with meetings between participating firms and state authorities. The Vietnamese enterprises discussed the possibility of signing some memoranda of understanding on cooperation in food production and processing and on investment in industrial zones with Indian partners. Bui Trung Thuong, Chief of the Vietnam Trade Office in India, briefed Indian partners on Vietnam-India economic and trade ties, the prospects of the Vietnamese food sector and opportunities for the two countries’ businesses. India ranks 27th … [Read more...] about BUSINESS NEWS IN BRIEF 16/8
VNR to keep divesting its subsidiaries Vietnam Railway Corporation (VNR) wants to continue the divestment of its subsidiaries, aiming to improve competitiveness and attract investors to enhance efficiency after three years on a downward spiral. A report on the results of the first six months of 2018 from VNR shows that all of its business indicators are on the rise, with revenue amounting to some VND4,000 billion, up 17.8% year-on-year, and with profit reaching VND106 billion. According to the report, the growth in revenue results from a series of renovation solutions for railway services, including replacing new cars, flexibly increasing and decreasing ticket prices depending on the market demand and linking to the tourism sector to attract passengers in groups. As railway transport models are still facing challenges, VNR has been forced to continue rearranging and restructuring its mechanisms and activities to sustain its operations and develop further. Besides this, the corporation … [Read more...] about BUSINESS NEWS IN BRIEF 5/8
President Trump escalated his trade war with China on Tuesday, identifying an additional US$200 billion in Chinese products that he intends to hit with import tariffs. Containers are loaded onto shipping vessels at the Port of Long Beach in Long Beach in July - Photo: AFP/Getty Images The move makes good on the president's threat to respond to China's retaliation for the initial U.S. tariffs on US$34 billion in Chinese goods, which went into effect Friday and would eventually place nearly half of all Chinese imports under tariffs. Administration officials said the tariff fight is aimed at forcing China to stop stealing American intellectual property and to abandon policies that effectively force U.S. companies to surrender their trade secrets in return for access to the Chinese market. "These practices are an existential threat to America's most critical comparative advantage and the future of our economy," said Robert Lighthizer, the president's chief trade negotiator. … [Read more...] about US proposes tariffs on US$200 billion more in Chinese imports
Viet Nam News by Robert Bicknell Can changing clubs make a difference in your game as a professional? We read all the time that a well-known Tour pro decided to switch brands, mostly due to a ridiculous amount of money being waved in his/her face. What people do not realize is that many of these pros are not entirely stupid and usually demand that the company make a virtual copy of their old tried and true club, with minimal cosmetic or technical changes, and just a new brand stamped on it. What’s old is new… sort of. But occasionally, the manufacturer might demand the player accept the designs they currently have, modified a bit to meet the player’s requirements. This can be something as simple as weighting, or grinding the sole a bit differently than what is actually on the market. But, almost without exception, once the player has a brand new set of clubs in his brand new bag, his game usually goes completely to hell, at least for a short while. Having said … [Read more...] about Can changing clubs make a difference in your game?