San Diu women in their traditional clothes. (Photo: vietnam.vnanet.vn) Traditionally, San Diu ethnic women make their own clothes. A piece of traditional clothing often takes several months to complete. Diep Thi Vong from Vinh Phuc province is one of a few San Diu women keeping the tradition of making her own clothes and teaches the younger generation how to weave and embroider. “My grandmother and mother used to make their own clothes. They taught me and even sent me to a weaving class to learn how to make San Diu traditional clothes. A San Diu woman was required to make what she wore on her first day of marriage,” Mrs. Vong said. San Diu women often layer their clothes — a traditional white top inside and an indigo black light jacket outside. Young women secure their jacket with a green or red belt, right side over left while older women do it the other way around. The highlight of the San Diu’s traditional women’s clothes is … [Read more...] about San Diu ethnic people in Vietnam’s northern midlands and mountainous areas
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Application of technology and data collection were mentioned at the recent Vietnam Tourism and Travel Summit as game-changers for the country's tourism and its lost potential. "With millions of incoming visitors and a colossal lack of trained professionals, we can no longer operate manually," said Vu The Binh, vice president of Vietnam Tourism Association. Given the two-digit growth experienced in tourism over the past few years, staff demand is at a premium. However, training and employing more professionals cannot placate the equation. Hiccups with booking and visa services remain, ebbing the overall traveling experience. With limited, scattered information the tourist return rate is calculated at 10 to 40 percent for Vietnam, relatively low next to Thailand and Singapore boasting 60-70 percent, according to the association. Despite the low rate, tourist companies fight reform due to their limited awareness and cost concerns. "There is visible hesitation amongst … [Read more...] about Tech advance to modernize Vietnam tourism
The country has seen a soar in investment this year (Photo: soha.vn) Hanoi (VNA) - Venture capital funding pouring into Vietnamese fintech companies accounted for 36 percent of the total fintech investment in Southeast Asia. The country has seen a soar in investment this year compared to 0.4 percent last year, according to the Fintech in ASEAN report released by the United Overseas Bank (UOB). Singapore took the leading position with 51 percent, down from 53 percent last year. Indonesia stepped down one place to third with 12 percent, compared to 37 percent last year. Thailand, Malaysia and the Philippines accounted for less than 2 percent of Southeast Asia's total fintech investment, down sharply from about 10 percent last year. In Vietnam, the leading field attracting venture capital in fintech companies was payment. VNPay, a Vietnamese e-payment solutions provider, took the lead in the report with total capital revealed to be 300 million USD this year. Singaporean insurance company … [Read more...] about Vietnam ranks second in fintech investment in Southeast Asia
Vietnam is considered an ideal destination for investing in motorcycle ride-hailing services as it has a population of 90 million and 45 million registered motorcycles. Besides, operating expenses in Vietnam are cheaper than in markets like Singapore and Malaysia. Last year, Go-Jek opined that Vietnam will be the company’s second destination in Southeast Asia, following the Philippines, and its third overseas market in Asia. According to Go-Jek, investing in Vietnam will open up opportunities for it to develop the Go-Pay payment application. Established in 2010 as a phone-based motorcycle ride-hailing service, Go-Jek has evolved into an on-demand mobile platform and a cutting-edge app, providing a wide range of services that includes transportation, logistics, mobile payments, food delivery, and many other on-demand services. Go-Jek is valued at $5 billion. Entering Vietnam, Go-Jek will have to compete with heavyweight competitors like GrabBike and UberMotor. In late September … [Read more...] about Go-Jek to set foot in Vietnam?
A top world rice exporter, the country scored an overall 64.6 out of 100 points, higher than the 62.9 average among 113 countries and territories. Compared to Southeast Asia peers, Vietnam lags behind Singapore (1st place), Malaysia (28th) and Thailand (52th), though ranking above Indonesia (62th), the Philippines (64th), Myanmar (77th), Cambodia (90th) and Laos (92th). Vietnam did well in eight indicators - presence and quality of food safety net programs, access to financing for farmers, change in average food costs, proportion of population under global poverty line, food safety, volatility of agricultural production, urban absorption capacity and food loss - with a score above 75. However, it struggled in public expenditure on agricultural research and development with 1.7 points, and affordability of food with 5.3 points, which fall below the world average of 5.0 and 17.8 respectively. Singapore topped the global index ranking with an 87.4 overall score, making it the only country … [Read more...] about Vietnam scoops fourth in Southeast Asia food security ranking