As Vietnam is doing well in its containment of the CODI-19 pandemic, it is expected the country’s tourism sector will gradually recover in 2021. In this context, enhancing connectivity between tourism service providers and promoting the role of major travel companies are both crucial factors for domestic tourism to reboot itself post-COVID-19. Therefore, more drastic measures are needed to remove the above-mentioned obstacles and increase the efficiency of tourism connectivity, thus enhancing the overall competitiveness of Vietnam’s tourism. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 16
Political economic factors affecting international business
New economic priorities for a new year
In 2020, Vietnam surprised the world with its impressive control of COVID-19 and its inspiring economic growth rate of 2.91 per cent, making the country one of the world’s top 10 nations with the highest growth, and also one of the 16 most successful emerging economies on the globe in 2020. Last year, the economy’s GDP is estimated to be about VND6.3 quadrillion ($273.9 billion), up by VND263 trillion ($11.43 billion) against 2019, ranking fourth in Southeast Asia, with total export-import turnover of $543.9 billion, up 5.2 per cent on-year – fetching a record trade surplus of $19.1 billion, notably in the context of strong decline in global trade. … [Read more...] about New economic priorities for a new year
Thousands of hectares of rice affected by salinity, diseases in Kien Giang
Kien Giang (VNA) - Kien Giang, the country’s largest rice producer, has more than 7,140ha of ‘mua’ rice crop damaged by 30-70 percent because of salinity, according to the province’s Plant Cultivation and Protection Sub-department. The damaged areas are in the districts of An Minh, An Bien and Vinh Thuan. The ‘mua’ variety of rice is grown in the rainy season in areas where farming is rainfed. In the Mekong Delta province, farmers rotate between ‘mua’ in the rainy season and brackish-water shrimp in the dry season in the same fields. The early conclusion of the 2020 rainy season means farmers in An Minh, An Bien and Vinh Thuan lack freshwater to wash out the saltwater from their fields from the shrimp farming. The affected fields have lower yields and poor quality, causing losses to farmers. Besides, more than 8,190ha of the 2020-2021 winter – spring rice and mua rice crops in the province are … [Read more...] about Thousands of hectares of rice affected by salinity, diseases in Kien Giang
Climate Change: Vietnam’s strong political commitment to protection of human rights
Scientific and correct awareness of the harmful effects of climate change for having practical solutions and actions is an urgent requirement. Protection of the environment in general, response to climate change and ensuring human rights in climate change policies and laws in particular, is implemented by many different measures and on basic principles, including the principle that the State recognizes and protects human rights to live in a healthy environment. … [Read more...] about Climate Change: Vietnam’s strong political commitment to protection of human rights
Quang Nam’s incense making village busy ahead of Tet
Nguyet Thi Tuyet, who has engaged in the production for more than 16 years, said that Covid-19 has badly affected incense production due to lower demand. Tet is the best chance for local households to sell their products. … [Read more...] about Quang Nam’s incense making village busy ahead of Tet