The Hanoitimes - With health care and other costs skyrocketing in the US, many soon-to-be retirees are considering what once might have been unthinkable: taking their retirement savings and moving overseas for their senior years. Vietnam among best global destinations for interior design Vietnam among nine countries where the US dollar is strongest in 2019 Vietnam has been named among 15 nations around the globe where retirees might easily get by on savings of US$200,000 or less, according to MoneyWise, a digital personal finance publication with a mission to create valuable content that helps people make good decisions and get ahead. Ha Long Bay, Quang Ninh province. With its rich culture and history, gorgeous natural landscapes and affordable cost of living, Vietnam is a truly special retirement destination, MoneyWise said. Two people can live on about US$1,500 a month in major cities — and if you head to the beach towns of Nha Trang or Da Nang, you could … [Read more...] about Vietnam shines in MoneyWise’s list best places to retire on US$200,000
Vietnam need visa to singapore
Four Vietnamese nationals jailed for stealing from Uniqlo in Singapore
Four Vietnamese nationals who stole more than 1,400 pieces of clothing from Uniqlo stores in Singapore were sentenced to jail on Monday (Dec 17). Underwear and other items of clothing from Uniqlo were among the more than 800 items recovered following a police bust of a foreign crime syndicate. (Photo: Fann Sim) Van Tu Nguyen, 30, Duong Tuan Dat, 27, and 31-year-old Nguyen Thi Thu Huong were each sentenced to one year and 11 months in jail. The fourth person, 29-year-old Tran Thi Phuong Thao, received a jail sentence of one year and 10 months. The clothing they stole, which included hundreds of brassieres, was worth about S$44,600. The Vietnamese nationals - two men and two women - had formed a plan to come to Singapore to steal from Uniqlo outlets as they did not need visas to travel here, the court heard. The intention was to sell the stolen clothes in Vietnam. They targeted the Japanese retailer as they had heard that many pieces of clothing did not have sensor tags … [Read more...] about Four Vietnamese nationals jailed for stealing from Uniqlo in Singapore
First Travel & Tourism Summit looks at problems of Vietnam tourism
Foreign tourists in HCM City. (Photo: vietnamhotel.org.vn) Hanoi (VNS/VNA) - Various problems in Vietnam’s tourism sector were discussed by experts at the first Travel & Tourism Summit that began in Hanoi on December 5. The event gathers some 1,500 participants including CEOs from leading groups in the world, domestic and foreign tourism experts and nearly 1,000 enterprises. Participants will hear reports and analyses by leaders in domestic and foreign tourism. At the first session, Deputy Minister of Culture, Sports and Tourism Le Quang Tung admitted Vietnam needs to re-structure the sector. “In 1990, the country received 250,000 foreign tourists while in 2017, it welcomed more than 13 million foreign visitors and 73 million domestic tourists,” he said. “So from 1990 to 2017, the number of foreign tourists increased 52 times while domestic tourists increased 72 times.” However, Vietnam just ranked 67th of 136 economies and fifth in … [Read more...] about First Travel & Tourism Summit looks at problems of Vietnam tourism
Riding digital payments to the future of transport
Contactless payment is the future and a major foundation for the success of smart transport, Photo: Dung Minh Age of contactless transit Contactless payments are disrupting cities around the world in various areas, notably mass transit systems. A notable example is London (the UK), where 2.5 million contactless journeys are made across bus, tube, and rail services every day. Since early 2016, the proportion of pay-as-you-go journeys made through London’s contactless systems has risen from 25 to more than 50 per cent of today. It is estimated that more than four of every five journeys of this kind are made using Visa contactless cards. Various reasons have been put forward for the London success story. First, the underlying technology, such as chip cards based on Europay, Mastercard, and Visa (EMV) standards are already there. Second, Transport for London has enabled contactless payments across all modes of transit – tube, bus, light rail, heavy rail – making it … [Read more...] about Riding digital payments to the future of transport
Extended visa exemption to increase Western European guests
(VEN) - The 15-day visa exemption policy for visitors from the UK, France, Germany, Spain, and Italy was extended by three years commencing July 1. This is expected to increase the number of high-spending, long-stay visitors to Vietnam. Vietnam has become an increasingly attractive destination for Western European visitors Western European market development According to Minister-Chairman of the Government Office Mai Tien Dung, the open-door visa policy aligned with enhanced tourism promotion has contributed to maintaining Vietnam’s growth rate of foreign visitors at nearly 30 percent annually. Minister Dung noted that the government would consider proposals from the Vietnam Tourism Association concerning the extension of the period of stay in Vietnam from 15 to 30 days and the expansion of exemptions for more countries. Western Europe is a desirable tourist market with its stable economy and high-spending, long-stay visitors. According to Hoang Nhan Chinh, Secretary … [Read more...] about Extended visa exemption to increase Western European guests