New way to lose weight

That is the statement of Le Quoc Thinh, Director of Cuc Phuong Tourism Services Joint Stock Company (Vedana Resort) when introducing events aiming at promoting Cuc Phuong and Ninh Binh tourism after a long period of shutdown due to COVID-19. According to Chairman of Nho Quan district People’s Committee Hoang Khac Tiep, “Nho Quan is endowed with many historical relics and landmarks such as Van Trinh cave, Yen Quang lake, Dong Chuong lake, Cuc Phuong hot mineral water.” In particular, with the natural reserve area and new-stone-age cultural relics, Cuc Phuong National Park has received the title of Asia's leading national park for two consecutive years (2019, 2020) rated by World Travel Awards. It is worth mentioning that Nho Quan has nearly 30,000 ethnic people living in Muong villages. The strategy set by the district is to exploit existing indigenous cultural elements to combine with the trend of ecotourism, which is thriving in Ninh Binh province. Tourists have opportunities to … [Read more...] about Green Tourism – An ideal way to spread Muong ethnic culture

The showroom, which will replace its old location in Truong Chinh street, will be the most advanced showroom and the first MAR 2020 facility in Ho Chi Minh City. John White, CEO at Vietnam Star Automobile, said that OfficeHaus renders the perfect space and location to cater to the auto company in the Vietnamese market. Vietnam Star Automobile is a division of LSH Auto International − the largest Mercedes-Benz retail dealer group in the world. “We have a couple of criteria in choosing the best location. Aside from being accessible, OfficeHaus sits next door to Vietnam’s largest Aeon Mall, bringing a demographic that is consistent with the Mercedes brand. The property also meets the quality standards of our brand,” said White. OfficeHaus, one of the most highly anticipated additions to Vietnam’s premium commercial real estate, will open its doors in quarter 4 this year. It will deliver a holistic working experience as part of a world-class 82-hectare integrated residential, … [Read more...] about Mercedes-Benz Vietnam set to open new showroom in OfficeHaus

S&P forecast Vietnam’s GDP will grow 6.9% in 2022 before settling closer to its long-term trend of growing 6.5%-7% from 2023 onward. S&P Global Ratings on May 26 raised its long-term foreign and local currency sovereign credit ratings on Vietnam to 'BB+' from 'BB'. S&P expects Vietnam's economy to continue its upward trend. Source: S&P The rating agency also affirmed the country’s short-term rating at ‘B’ with a stable outlook. “The stable outlook reflects our expectations that over the next 12-24 months, Vietnam's economy will continue to recover from the challenges posed by the pandemic over the past two years. This will support the external position and rein in fiscal deficits,” it noted. S&P added it could raise the ratings if Vietnam's institutional settings improve considerably, in ways that augment policy predictability and transparency. Such favorable changes in the policy environment could bolster investor confidence in the … [Read more...] about Vietnam’s long-term credit rating upgraded to “BB+”: S&P

US stocks rally again as China premier warns on Covid-hit economy, illustration photo source: freepik.com After a positive session in Europe, the S&P 500 finished Thursday's session up two percent, positioning the broad-based US index to potentially snap a seven-week losing streak depending on Friday's session. "The market was very oversold, and way overdue to bounce," Adam Sarhan of 50 Park Investment said shortly before the market closed. "And what's happening now, the market is bouncing pretty strong." Stock markets have taken a beating this year as central banks have begun to raise interest rates in order to curb the highest consumer price rises in decades. But US stocks pushed higher on Wednesday after investors took a positive view of the Federal Reserve minutes, which raised hopes that while the central bank would move aggressively to lift interest rates, it might be able to halt additional rate hikes as soon as this summer if inflation recedes. Wall Street kept … [Read more...] about US stocks rally again as China premier warns on Covid-hit economy

A bondholder shows her ABOND bonds. Photo mns.com HÀ NỘI — Bond issuers have become more cautious amid the authorities tightening control of the market, leading to issuance shrinkages. The Ministry of Finance reported that the total issuance volume of privately-placed bonds plunged to around VNĐ30 trillion (US$1.3 billion) in April, down 33 per cent year-on-year. In the first two weeks of May, the issuance figure reached VNĐ5.2 trillion, equaling one-third of the figure last year. Notably, realty bonds fell sharply to about VNĐ820 billion in April, far less than their average monthly volume of VNĐ26 trillion in 2021. The market experienced not only decreasing bond issuances but also a buyback spree. Specifically, premature bond buybacks in April alone stood at VNĐ11.9 trillion, comparable to the figure of VNĐ12.8 trillion in the previous three months combined. The securities firm SSI underlined the Tân Hoàng Minh Group's cancellation of issuance of nine … [Read more...] about Bond issuance slows amid tightening controls

The administration of Binh Duong province, in collaboration with the Vietnamese Consulate General in Sydney and Becamex IDC Corporation, organized an investment promotion seminar in Sydney on May 27. Binh Duong promotes investment opportunities in Australia. (Photo: baobinhduong.vn) In his remarks, Consul General Nguyen Dang Thang introduced to Australian officials and businesses the potential for expanding trade and investment in Vietnam, affirming that the two countries have treasured a close relationship in various fields, including politics, diplomacy, trade and investment. Despite the impact of the COVID-19 pandemic, he said, two-way trade turnover between Vietnam and Australia reached a record high of more than US$12.4 billion in 2021, a year-on-year rise of 49.45%. The first four months of this year alone also saw bilateral trade grow impressively, reaching US$4.8 billion, up 32.37% compared to the same period of last year. With regard to investment, as … [Read more...] about Vietnam seeks Australian investment opportunities in Sydney