Has looked forward to

The successive opening of direct flights connecting famous tourist destinations between the two countries is paving the way for travel to boom. Indian arrivals to Vietnam would increase further through the implementation of specific solutions linking the two markets. Vietnamese and Indian enterprises exchange information at the conference. Photo: nguoilaodong.com.vn Ambassador of India to Vietnam Pranay Verma shared his expectation at the Tourism Promotion Conference between India and Vietnam held by the Consulate General of India in Ho Chi Minh City on August 17. “My family is looking forward to traveling to Vietnam. Currently, many airlines have reconnected flights between cities around the world. Besides, there are many opportunities to deploy solutions to attract tourists to Vietnam and India. On the Indian side, medical tourism is also very potential but not popular to many tourists,” he added. He acknowledged that less than 200,000 Indian visitors … [Read more...] about Vietnamese travel businesses boost linkages to lure Indian tourists

Electric motorbikes manufactured by Vinfast. Many UK businesses are looking into electric mobility industry in Vietnamwhich is expected to grow by double digits in the next few years. (Photo: VNA) Hanoi (VNS/VNA) - Many British investors are seeking investment opportunities in Vietnam in the hope of cashing in on free trade agreements ( FTA s) that Vietnam has signed with the UK and other economies worldwide. The UK-Vietnam Free Trade Agreement (UKVFTA), which officially took effect in May 2021, was one of the first trade deals inked by the UK after it left the European Union by the end of 2020, which reflected the importance of Vietnam in the UK’s trade policy. Bilateral trade and investment between the two economies have grown significantly with a growth rate of 17% last year. Data of the Foreign Investment Agency under the Ministry of Planning and Investment showed as of October 20, 2021, the UK had 439 valid projects amounting to nearly 4 billion USD in registered … [Read more...] about More British investors look at Vietnam to cash in on free trade agreements

Speaking at the event, Chairman of the N.A.’s Committee for Legal Affairs Hoang Thanh Tung said following feedback, the draft law now has 7 chapters and 79 articles, up 5 articles from the version submitted at the N.A.’s third meeting. It also upholds the role of every citizen in overseeing activities of officials and cadres to uncover and fight corruption and negative behaviors, optimize democracy, and increase public responsiveness in the implementation of democracy at grassroots levels, he said. Regulations on the establishment of people’s inspection committees at all grassroots levels were also mentioned in the draft law to ensure fairness in the non-State sector. Minister of Home Affairs Pham Thi Thanh Tra said units will consider opinions before adding regulations over businesses and organizations that lack trade unions but have youngsters or women’s unions to ensure their democratic rights. Units will also gather more feedback to help self-governing units perform … [Read more...] about Full-time legislators look into draft law on implementing democracy at grassroots levels

The credit quality of real estate firms is at a good level with financial leverage below 1.5x. During the first seven months of 2022, over VND420 trillion (US$18 billion) was pumped into the real estate market. The figure could be raised to VND800 trillion ($34 billion) by the end of the year in case of favorable conditions. Investors looking at a real estate project in Me Linh District, Hanoi. Photo: Pham Hung Economist Can Van Luc, a member of the National Financial and Monetary Advisory Council, shared the view at a real estate forum held on August 17, noting the figure is huge compared to total investment capital for the economy. According to Luc, while transaction activities have been subdued in recent months, this would pose a golden opportunity to restructure the market for more sustainable growth. “In the past, real estate was widely seen as the first option when people explore fields to invest in, and that is a huge risk to the economy,” Luc said. … [Read more...] about Over US$34 billion set to pour into Vietnam’s real estate market this year

The financial shortage might challenge the implementation of Vietnam’s gender equality commitments and Sustainable Development Goals by 2030. It is extremely urgent to secure and mobilize domestic financial resources for gender equality in Vietnam in the context that a great number of donors have cut down on financial support once the country is in middle-income status. Elisa Fernandez Saenz, United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) Country Representative in Vietnam raised concerns at a conference held in Hanoi on August 17. Elisa Fernandez Saenz, United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) Country Representative in Vietnam, speaks at the conference held in Hanoi on August 17. Photos: UN Women The idea was shared at the event where the United Nations agencies, international organizations, local authorities, businesses, and civil society organizations (CSOs) called for initiatives … [Read more...] about Vietnam needs financial resources to advance gender equality

American agricultural products are available in many parts of Vietnam and some are becoming well-received in the country of 100 million people. Agriculture plays a prominent role in trade relations between the US and Vietnam, US Ambassador to Vietnam Marc Evans Knapper has said. US Ambassador to Vietnam Marc Evans Knapper at a press conference in Hanoi. Photo: NLD The ambassador shared the idea at the United Tastes of Food and Wine Reception held in Hanoi earlier this week in collaboration between the US Embassy, the California Milk Advisory Board, and the Nebraska Department of Agriculture. To boost the market share of American agricultural products in the Southeast Asian country, relevant agencies are working for further availability. “We are looking for ways to expand US agricultural imports into Vietnam,” Ambassador Knapper said. What Ambassador Knapper said might be true, based on the fact that American agricultural products are safe and … [Read more...] about [Vietnam-US relations] Agriculture – a prominent pillar in US-Vietnam trade: Marc Knapper