Huge costs for filling ha long largest open cast coal mine

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

In 2020, chairman Nguyen Van Dat appointed you as CEO of Phat Dat. Taking on this new responsibility, how did you feel back then? Throughout Phat Dat's 16-year history, the chairman and founder exerted his influence on every decision. In such a context, I found myself in a favourable situation thanks to the inherited strategic orientations from the chairman and the determined management team. Besides this, Phat Dat has embarked on an ambitious plan for 2019-2023 to restructure its investment portfolio, targeting billions USD in market cap and exceeding 50 per cent in compound growth rate. Growing up inside the organisation, I am enthusiastic about Phat Dat's development. My new task, which capitalises on the past achievements and simultaneously accompanies the chairman to write Phat Dat's further development, is really challenging. When I received the appointment decision, many thoughts crossed my mind. I immediately told myself that I must live well, grow strongly, and see … [Read more...] about Phat Dat’s strategy to successfully acquire new real estate projects

SHANGHAI/PARIS -- From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirational" purchases. Executives are troubled in particular by a hit to young Chinese shoppers, not only because mainland China has been a major driver of the industry's growth in recent years, but also because high end consumers in the world's second-largest economy are a decade younger than the global average of 38. Young adults around the world have been "a very strong factor of luxury growth over the past decade," said Gregory Boutte, chief client and digital officer at Gucci-owner Kering. Data this week showed China's economy slowed unexpectedly, prompting a central bank rate cut, while macroeconomic trends are disproportionately impacting the extra funds that those born between 1996 and 2012 might use to enter the world of luxury. Whereas in North America and Europe, inflation and … [Read more...] about Luxury sneakers may be a step too far for cash-strapped Gen Z

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

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

A store selling OCOP products in Quang Ninh. (Photo: VNA) Hanoi (VNA) – The northern province of Quang Ninh now has more than 500 products developed by 189 companies, cooperatives and production facilities under the “ One Commune , One Product ” (OCOP) programme, local data shows. Of the total, 267 have been rated from three to five stars. Most of OCOP products win preference by customers and have gained a strong foothold in the market, with many now available in foreign countries. The COVID-19 pandemic has seriously disrupted production and supply chains, taking a heavy toll on the health of many OCOP producers, said Hoang Duc Kha, Deputy Director of the Industry and Trade Promotion and Development Centre under the provincial Department of Industry and Trade. He said Quang Ninh will selectively organise and attend trade promotion events in order to stimulate domestic demand post-pandemic and boost sales of OCOP products, reviving local enterprises. Kha highlighted … [Read more...] about Quang Ninh revives OCOP product promotion to boost post-pandemic recovery