Deputy Prime Minister Vũ Đức Đam spoke at the National Conference on Tourism Development in the central province of Quảng Nam on Saturday, stressing State agencies, businesses, travel agencies and residents should promote links and efficient co-operation to help the tourism industry overcome the most difficult time after the pandemic. … [Read more...] about Domestic market to help tourism sector in post-COVID-19-period
Increasing market share definition
Hanoi (VNA) – The US Embassy in Vietnam held a ceremony in Hanoi on October 9 to celebrate the 244th anniversary of the US’s independence and the 25th founding anniversary of the two countries’ diplomatic relations. On the half of the Vietnamese Government, Acting Minister of Health Nguyen Thanh Long congratulated the US leaders and people on their major anniversary and appreciated efforts by US government agencies to promote bilateral ties. He emphasised that with the 25-year relations based on mutually beneficial cooperation and mutual respect, the two countries’ comprehensive partnership has attained positive strides and been expanded and strengthened in all spheres. He highly valued the strongly growing bilateral trade, which has turned the US into the biggest market of Vietnamese exports and Vietnam into one of the markets with fastest growth of imports from the US. The US assistance in addressing war consequences in Vietnam, particularly the … [Read more...] about Embassy marks 244th US Independence Day, 25 years of Vietnam-US ties
COVID-19 is greatly highlighting the issues of poor agent quality and is helping the good companies differentiate themselves. On the flip side, insurers have spent a large amount in marketing campaigns and cooperating with banks to gain a bigger market slice, rather than training their skilled labour force. Consequently, this strategy is a chink in their armour, bringing about poor advice and wrong products being sold. … [Read more...] about New mindset needed for insurance industry
Hanoi (VNA) – Vietnam and the US are celebrating the 25th anniversary of their diplomatic ties this year, marking a significant change. Mutual trust has helped the two countries overcome pains in the past and join hands in building a close relationship, Executive Director of the American Chamber of Commerce (AmCham) in Hanoi Adam Sitkoff said in an interview granted to VietnamPlus e-newspaper. Regarding progress in the bilateral diplomatic ties, Sitkoff affirmed that the two countries hold a close-knit relationship in multi-aspects. In terms of economics, the US is a leading trading partner and investor of Vietnam. In the political field, the two share a common stance towards peace and stability in East Asia as well as mitigating impact of the COVID-19 pandemic. They also have close relations in regional security, education, global health, food and energy security, and disaster response, he said, adding that cultural connections are of great importance, as the Vietnamese … [Read more...] about Vietnam-US: a close-knit relationship
The average monthly income of the poor, near-poor and middle-income groups in 2018 were VND931,000, VND1.8 million and VND2.77 million respectively. This means nearly 15 million households, or about 60 million people, have no access to a lot of basic goods and services due to the gap between income and price. It is worth noting that the sum these households spend on food, drink, and smoking makes up a sizable part of their income – 48% in the 2016 survey, the most recent figure. Their other needs such as housing, electricity, water, sanitation, household appliances, healthcare, travel, education, culture, sports, and entertainment, of course, face more limitations. … [Read more...] about Demand stimulus: where to begin?