Vietnam attends South Asia’s Leading Travel Show in India Visitors at Vietnamese booths Five Vietnamese travel companies are currently participating in the 26th edition of SATTE, South Asia’s leading travel show, in India’s Uttar Pradesh state from January 16-18. They include Victoria Tour, Indochina Charm Tour, Go Indochina Tours, Hello Vietnam, and Asiana Travel. The fair has the participation of over 1,000 enterprises from 50 countries and territories. First launched in 2014, SATTE is one of the largest tourism and travel fairs in South Asia, run annually by India’s leading exhibition organiser UBM, the Ministry of Culture, and travel associations. The event provides a platform for countries to promote their lands, people, and traditional cultures, as well as attract foreign investment in tourism. It is also an occasion for policymakers and managers in tourism, along with experts and businesses, to share experience in the field and seek business … [Read more...] about BUSINESS NEWS IN BRIEF 18/1
Macro economy news
Government News 30/12
Party, State leader warns of complacency General Secretary of the Communist Party of Việt Nam and President Nguyễn Phú Trọng speaks at the Government’s meeting with localities yesterday. General Secretary of the Communist Party of Việt Nam and President Nguyễn Phú Trọng acknowledged Viet Nam’s 2018 socio-economic development achievements but warned against self-satisfaction at the Government’s meeting with localities yesterday. Trọng noted the country still faced many difficulties and challenges due to unpredictable regional and global developments and latent risks in the world economy, especially in finance, monetary and exports due to impacts of trade wars, along with problems in the economy and social affairs. The Party and State leader underlined main tasks for 2019, including consolidating the macro-economy, controlling inflation, improving capacity to respond to abnormal market developments, … [Read more...] about Government News 30/12
Government News 29/11
Vietnam, China seek to step up financial cooperation Vietnamese Minister of Finance Dinh Tien Dung (L) and his Chinese counterpart Liu Kun (Photo: mof.gov.vn) Vietnamese Minister of Finance Dinh Tien Dung held talks with his Chinese counterpart Liu Kun in Beijing on November 27 as part of his working visit to China from November 25-30. At the talks, Dung briefed the hosts about Vietnam’s macro-economy and economic prospects. Despite a wide range of difficulties and challenges, Vietnam managed to post an economic growth rate of 6.98 percent in the first nine months of 2018, the highest level in the nine month period since 2011, he said. The country has successfully kept inflation under control, while boosting import-export, making it an important driving force for its economic growth, Dung said. Vietnam’s finance and securities markets have developed strongly, while its insurance market has maintained positive growth and monetary market has seen good liquidity, the … [Read more...] about Government News 29/11
Government News 10/10
Belarus, Vietnam expect US$500 million bilateral trade Vietnam and Belarus will hold a Vietnam-Belarus Business Forum to boost trade exchange towards the US$500 two-way trade target in the future, has said Vladimir Andreichenko, Chairman of the House of Representatives of the National Assembly of Belarus. On October 9, National Assembly (NA) Nguyen Thi Kim Ngan met with Vladimir Andreichenko, Chairman of the House of Representatives of the National Assembly of Belarus on the sidelines of the third Meeting of Speakers of Eurasian Countries’ Parliaments (MSEAP 3) in Antalya, Turkey. At the meeting, the Vietnamese NA leader assured Vietnam’s high regard for the development of traditional friendship and all-around cooperation with Belarus, noting that regular meetings between parliamentarians of Vietnam and Belarus indicate the sound and traditional friendship between the two nations as well as two legislatures. She also thanked Belarusian leaders for dispatching a … [Read more...] about Government News 10/10
Government News 6/10
PM Nguyen Xuan Phuc hosts head of Lao Government Office Prime Minister Nguyen Xuan Phuc (R) and Minister, Chairman of the Lao Government Office Phet Phomphiphak Prime Minister Nguyen Xuan Phuc received Minister, Chairman of the Lao Government Office Phet Phomphiphak in Hanoi on October 5. Welcoming the Lao official’s visit, PM Phuc spoke highly of the outcomes of the working session between Phomphiphak and his Vietnamese counterpart Mai Tien Dung. He asked both sides to continue coordinating in carrying out cooperation deals between the two government offices as well as agreements between Vietnam and Laos. Phomphiphak conveyed the profound condolences from the Lao Party, State, and people to their Vietnamese counterparts over the death of former General Secretary of the Communist Party of Vietnam Central Committee Do Muoi. Briefing the PM on Laos’ socio-economic situation, he said the Lao Government expected that the Vietnamese Government would continue to maintain … [Read more...] about Government News 6/10