Covering an area of 13,900 square metres, the expo attracts more than 508 exhibitors from 22 countries and regions and presenting 14 international group pavilions from developed industrial nations such as the UK, Germany, Korea, Japan, Singapore, Taiwan, Thailand, and the USA. … [Read more...] about MTA Vietnam returns to propel precision engineering and manufacturing
Vietnam international arbitration center
Nguyen Quang Thang, general director of Tictours International Travel Company, which was scheduled to receive the tourists aboard the vessel in Nha Trang, said: "While the tourism industry actively promotes Vietnam as a safe destination and seeks ways to attract international tourists, refusing the Aida Vita permission to dock in Ha Long will affect the industry’s reputation." … [Read more...] about Vietnam province reprimanded for turning away cruise ship over coronavirus fears
According to Loc, “This year traditional sectors will continue to offer huge investment opportunities. These include the garment and textile, footwear, timber products, electronics, farm produce, seafood, retail, tourism, entertainment, education, healthcare, logistics, and support sectors. New opportunities will be found in the green economy, the creative economy, and the digital economy, together with smart urban development.” … [Read more...] about Vietnam’s economic growth in 2020 driven by traditional sectors
Vietnam’s stock market overreact to nCoV outbreak Chair of the State Securities Commission (SSC) Tran Van Dung commented that the investors have ‘overreacted’ to the nCoV outbreak, believing that the market will recover when the epidemic peaks, as it happened with SARS and H5N1. … [Read more...] about When will Vietnam’s stock market be upgraded?
Hanoi (VNA) – The coronavirus (COVID-19) epidemic could cause losses of 5.9-7.7 billion USD for the domestic tourism sector in the next three months, according to the Vietnam National Administration of Tourism (VNAT). The tourism sector estimated a 90 percent decrease in the number of Chinese visitors due to the disease, and a 50-70 percent drop in holidaymakers from other countries. Meanwhile, the number of domestic holidaymakers is likely to suffer a fall of 50-70 percent. China, where the outbreak began late last year, has advised its citizens to stay at home. Vietnam has also stemmed the flow of tourists from coronavirus-stricken areas and suspended festivals. International vacationers have stayed away from Asia while many Vietnamese tourists have decided to stay at home. The VNAT said losses caused by COVID-19 could be huge in both the short and long terms. To cope with this, the agency has outlined a plan to help the industry recover, focusing on nearby markets … [Read more...] about Vietnam’s tourism sector counts cost of coronavirus