In response to the World Tourism Day 2021, Vietnam has set up step-by-step plan to welcome international visitors again. The United Nations World Tourism Organization (UNWTO) has announced World Tourism Day 2021 on September 27 as a day to “focus on tourism for inclusive growth”. This is an opportunity for all nations, including Vietnam, to look beyond tourism statistics and acknowledge that, behind every number, there is a person. The Bat Xat terraced rice fields, Sapa Town, Lao Cai Province. Photo: James Huynh On this occasion, the UNWTO reaffirmed a commitment to build a more prosperous and peaceful world through tourism. "As tourism grows, the benefits that come will be felt at every level of our broad and diverse sector, from the biggest airline to the smallest family," it said. “It is a pledge that is both timely and necessary in the pandemic because it has led to the pause in international travel, making a clear relevance of tourism to our … [Read more...] about Vietnam responds to World Tourism Day 2021 for inclusive growth
Games industry growth
Online platforms will help Vietnamese businesses expand their foothold in the foreign market. Vietnamese furniture exporters have been grasping opportunities to expand their foothold in the foreign market as the country is a member of multiple trade deals including the CPTPP and EVFTA, being emerged as an attractive alternative option. Making wooden products in a facility in Ung Hoa District, Hanoi. Photo: Cong Hung Insiders have said that the challenges are huge, but the opportunities since the pandemic have been pushing major buyers in Europe, the US, or Japan to look beyond China. Local firms, however, would not be able to grasp such opportunities if they are unable to approach customers during the pandemic. Taking furniture to online platforms While the Covid-19 pandemic has been causing tremendous hardship for businesses over the world, the combination of traditional and online selling channels is expected to open the door for Vietnam’s wood … [Read more...] about Vietnam’s wood industry strives to extend its reach globally
After acquisition of Mobicast and Reddi, can Masan become the “Reliance Jio” of Vietnam? On September 21, The Sherpa, a subsidiary of Masan Group Corporation, announced an investment of $13 million to acquire a 70-per-cent stake in mobile virtual network operator (MVNO) Mobicast and officially expand to the telecommunications sector. This is Masan's first step into the digital services sector. Mobicast's services target tech-savvy customers with great demand for data usage and digital lifestyle. As a result, the startup can help Masan to complete its offline-to-online offerings of necessities and financial services. An MVNO offers a fast and cost-efficient system to build transmission and reception network infrastructure. Besides this, an MVNO is considered a catalyst for competition in the mobile telecommunications market. MVNO players will develop value-added services on mobile devices, helping to improve quality and diversify experiences. It is estimated that necessities … [Read more...] about After acquisition of Mobicast and Reddi, can Masan become the “Reliance Jio” of Vietnam?