Compared with other provinces in the region, Phu Yen tourism is comparatively new. However, with the potentials and advantages along with the trend of modern development, the provincial tourism sector is determined to strive to become a key economic sector. Phu Yen Newspaper interviewed Mr. Ho Van Tien, Director of Phu Yen Department of Culture, Sports and Tourism as related to the difficulties and advantages of image-building of "Phu Yen- an attractive and friendly destination". Russian tourists visiting No number vessel-Vung Ro heritage * What are the good signs of Phu Yen tourism in recent times, sir? - In recent years, Phu Yen tourism has continued developing. Most notably on the tourism map of Vietnam, Phu Yen tourism has been initially shaped with more visitors and travel agents getting to know the province. Particularly, in the first 6 months of 2013, tourism operation in Phu Yen had positive shifts. Investment promotion, propagation and … [Read more...] about Lots of solutions for tourism development
Incentive travel solutions
Travel firms seek help to ride out tough times Dao Loan By Dao Loan - The Saigon Times Daily HCMC – Due to the fact that tour operators in HCMC have found it difficult to fuel up buying power while local hotels have seen few customers, the tourism industry says it needs tax incentives from the Government to attract customers with tempting discounts in the current tough times. The above ideas were presented in a meeting between the Vietnam National Administration of Tourism (VNAT), the HCMC Department of Culture, Sports and Tourism, tour operators, hotels, shopping service providers and transporters in HCMC on Wednesday. The city welcomed more than 1.6 million international visitors January-May, a year-on-year surge of 7%, but the growth was lower than expected while the business situation is worsening, La Quoc Khanh, deputy director of the municipal tourism department, told the meeting. This month, many hotels in the city welcomed few customers, with the average room … [Read more...] about Travel firms seek help to ride out tough times
The fundamental flaws of Vietnam's economy, as reflected in measures of productivity and efficiency, arise mainly from institutional shortcomings. Without structural changes, it would be impossible to make the allocation of resources in the economy more efficacious. After almost five months of preparation, the Government's plan, which seeks to restructure the economy and cultivate a new growth model with emphasis on productivity and efficiency, has been presented to the National Assembly. In essence, this plan differs little from its predecessors with regard to its analysis of the causes of and solutions to Vietnam's economic woes. If anything, this latest effort to reform the economy seems to focus on helping the country attain its socio-economic targets up to 2020. If economic restructuring is defined as the reallocation of resources to improve macroeconomic fundamentals and boost efficiency, the plan should mull over a number of crucial questions. How effective is the … [Read more...] about Better Institutions, Greater Incentives
Outlook (09-06-2006) Are incentives enough to bring Iran around? by Mai Hien All over the world people are tracking the diplomatic developments between Iran, the United Nations and the United States over Tehran's nuclear programme, and most are hoping the crisis will be solved quickly and peacefully. Their optimism is based on encouraging signals from Iran, most notably its positive response to a set of incentives drawn up by Britain, France and Germany and backed by the US, Russia and China. These incentives aim to encourage Iran to end its enrichment programme and indicate a possible reversal of US policy toward the country. Iran, the world's fourth largest exporter of oil, lies directly on the Straits of Hormuz, a crucial trade passage. Any and all geopolitical concerns over Iran end up affecting the global economy and oil prices in particular. A prime example, the price for US crude oil spiked to US$72.90 a barrel on Monday when Iran warned of disruptions to global … [Read more...] about Are incentives enough to bring Iran around?
Construction of new expressway awaits incentives le anh By Le Anh - The Saigon Times Daily HCMC – The Dau Giay-Phan Thiet expressway project, which is the first to be developed under the public-private partnership (PPP) format, is still awaiting incentives from the Government so as to attract private participation beside an already-selected investor. In order to speed up the construction progress of the project, the Ministry of Transport early last month established a management board in charge of PPP projects. Speaking to the Daily, Le Anh Tuan, head of the management board, said the project was temporarily approved in terms of basic design, total investment capital and assessments on environmental impacts. With a total length of 98.7 kilometers, the grade-A traffic work will have six lanes and permits a designed velocity of 120 kilometers an hour and will cost over US$846 million in investment capital for the first phase. The World Bank as the key lender for the project … [Read more...] about Construction of new expressway awaits incentives