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Vietnam’s Quy Nhon City embraces stunning landscapes and cultural, historical values

August 18, 2022 by vietnamlife.tuoitrenews.vn

Quy Nhon, a coastal city in the south-central Vietnamese province of Binh Dinh, has emerged as a new hotspot for vacationers thanks to its countless stunning tourist attractions. Quy Nhon has two seasons – rainy and dry – and each offers visitors a unique perspective on the city. The rainy season in Quy Nhon typically begins in September and lasts until February, while the dry season begins in March and ends in September. When visiting Quy Nhon during the dry season, visitors should bring sunscreen, medications, and appropriate clothing. They should also make sure to stay hydrated because the weather is often scorching hot, though such high temperatures are occasionally mitigated by the ocean breeze. Vehicles travel against a background of wind turbines in Quy Nhon City, Binh Dinh Province, south-central Vietnam. Photo courtesy of Lo Huu Duc Anh Quy Nhon has a unique terrain flanked by mountains on one side and a long, curved, white-sand beach on the other. … [Read more...] about Vietnam’s Quy Nhon City embraces stunning landscapes and cultural, historical values

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“Produce more from less”: Danish agricultural philosophy for Vietnam

August 18, 2022 by hanoitimes.vn

Denmark, through strategic sector cooperation (SSC) with Vietnam, helps implement national action plan in agriculture while promoting the engagement of stakeholders in the value chain. Among issues shared at an event held in Hanoi on August 17, Vietnamese officials, experts, and businesses were impressed with the philosophy of “producing more from less” in Denmark’s agri-food sector. Denmark targets the climate-neutral food industry by 2050. Photo: Danish Agriculture and Food Council Troels Jakobsen, Trade Counsellor of the Embassy of Denmark, said Denmark produces three times more food than the Danish population can consume, with some of the lowest greenhouse gas emissions in Europe. The idea was shared at Seminar – Business Matchmaking held in Hanoi on August 17 to discuss Danish experiences and solutions in sustainable agri-food production. Meanwhile, Jeppe Søndergaard Pedersen, International Chief Advisor, the Danish Agriculture and Food Council, … [Read more...] about “Produce more from less”: Danish agricultural philosophy for Vietnam

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Vietnam deploys diverse solutions to revive tourism industry

August 18, 2022 by hanoitimes.vn

Hanoi will play a key role in connecting visitors to tourist destinations in Vietnam. The Vietnamese Ministry of Culture, Sports and Tourism needs to actively support major tourism businesses to build routes linking localities, and restart heritage digitalization with the participation of travel companies to create new tourism products. Deputy Prime Minister Vu Duc Dam speaks at the meeting. Photo: VGP This is one of the requirements made by Deputy Prime Minister Vu Duc Dam on August 17 at the meeting on removing difficulties and promoting tourism recovery so that the industry would become a key economic sector. The Deputy Prime Minister requested the Ministry of Industry and Commerce to urgently submit to the Prime Minister the adjustment of electricity prices so that accommodation establishments would be entitled to energy rates equal to those of manufacturing facilities. The Ministry of Culture, Sports and Tourism, associations, and tourism businesses … [Read more...] about Vietnam deploys diverse solutions to revive tourism industry

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Banks should tighten assessment control of their corporate bonds investments: experts

August 18, 2022 by en.vietnamplus.vn

Illustrative image (Photo: VNA) Hanoi (VNS/VNA) - Banks must tighten their assessment control of corporate bond investment s to avoid excessive risk and the misuse of funds raised by firms, experts said. In early April, the Banking Supervision Agency, under the State Bank of Vietnam ( SBV ) conducted an inspection of corporate bond investment activities at seven banks, while the Ministry of Finance inspected one bank. According to the SBV, by the end of 2021, there are 41 credit institutions holding 274 trillion VND (11.7 billion USD) of corporate bonds, of which more than 75% of them are held by ten major banks - Techcombank, MBBank, VP Bank , TPBank, BIDV, Vietcombank, VietinBank, HDBank, ABBank and SeABank. At some banks, the value of corporate bonds exceeds 10% of total assets. Although the inspection results were not published, a SBV senior leader said in an interview with Vietnam Investment Review that a number of credit institutions failed to accurately … [Read more...] about Banks should tighten assessment control of their corporate bonds investments: experts

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Car prices rise due to auto parts shortage in Vietnam

August 18, 2022 by tuoitrenews.vn

The prices of automobiles in Vietnam have been continuously increasing in the wake of the COVID-19 pandemic due to a dearth of auto parts. Many Peugeot car models manufactured and assembled by Vietnam’s Truong Hai Auto Corporation (THACO) will see price hikes of VND20-40 million (US$854-1,709) beginning in September. This is not the first time THACO has increased the prices of its products since the pandemic was put under control. The cost of other models assembled by THACO, such as the Kia Sonet and Kia Seltos, also jumped by tens of millions of dong. (VND10 million = $427) Despite the price hikes, many buyers are on three-to-six-month waiting lists for their new cars. Toyota Vietnam hiked the listed prices of its two best-selling MPV (multi-purpose vehicle) models Avanza and Veloz by VND10 million ($427) in early August. The Toyota Avanza series now sells for VND558-598 million ($23,800-25,500), while the Toyota Veloz costs VND658-698 million ($28,100-29,800). Some … [Read more...] about Car prices rise due to auto parts shortage in Vietnam

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French experts share experience in data digitization

August 19, 2022 by en.qdnd.vn

The event, jointly held by the Vietnamese Government Office and the French Embassy, is part of a program on cooperation in administrative modernization in combination with digital transformation in 2022-2023 within the framework of a memorandum of understanding between the Office and the French Ministry of Economy and Finance on e-government development and administrative modernization. The cooperation program focuses on technical assistance to streamline administrative procedures, improve the business environment, e-governance and digital transformation. Speaking at the workshop, Vice Chairman of the Government Office Nguyen Xuan Thanh briefed the French side on programs and projects on administrative reform at State agencies being carried out by the Office and ministries, agencies and localities. Cécile Vigneau, First Counselor of the French Embassy in Vietnam, noted that digitization and administrative modernization form important contents of cooperation between the two … [Read more...] about French experts share experience in data digitization

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