Thang Long Imperial Citadel (Photo: VNA) Hanoi (VNA) - To create a breakthrough in tourism promotion , and contribute to the rapid and sustainable development of Hanoi's tourism industry, the Department of Tourism of the capital city has launched a gift design contest and a tourism photo competition. The two contests aim to select photos and products that meet the artistic criteria, show a typical, rich and diverse culture, tourism resources, tourist attractions, historical sites, festivals, traditional craft villages, and the culinary culture of Hanoi for dissemination and promotion of the capital city's tourism to both domestic and international tourists. Entries should show the difference and diversity in materials and colours, and be friendly to the environment, safe to human health, and not deformed or changed by the climate and weather. The organising board prioritizes products that use available materials, are local traditional crafts and convenient for mass … [Read more...] about Hanoi to impress visitors through beautiful gifts, tourism photos
Wilkesboro tourism development authority
Patrick Lenain - Former assistant director Organisation for Economic Co-operation and Development Schools and universities will need to adopt new technologies. Public transportation networks will need to be upgraded. Large-scale logistical hubs will be required to remain integrated in global supply chains. Old-age citizens will need welfare support. Electricity generation will need to decarbonise. Coastal cities will need to adapt to rising sea levels. Military spending will need to protect the country. And it is obvious that health spending remains a priority. Unfortunately, tax revenue is at present too limited to finance these large investments. Vietnam’s government collected tax revenue equivalent to 16 per cent of GDP last year, according to the International Monetary Fund. This is less than Malaysia (18.3 per cent), Singapore (18.5 per cent), India (19.7 per cent), Thailand (20.3 per cent), and China (27 per cent). This is also less than before the pandemic, reflecting … [Read more...] about Tax for development: Does Vietnam need tax reform?
Part of the Vietnam - Singapore Industrial Park in Hai Phong city (Photo: VNA) Hai Phong (VNA) – For the last half of 2022, Hai Phong city will apply itself to flexibly and effectively fighting COVID-19 and shoring up business and investment activities so as to attract more foreign direct investment ( FDI ), a local official has said. Nearly 1.1 billion USD of FDI was poured into the northern port city in the first six months, falling by over 11% from a year earlier and equivalent to almost 44% of this year’s target. FDI inflows are expected to stand at 0.85 billion USD in the third quarter and 0.85 - 1.1 billion USD in the fourth quarter. Le Trung Kien, head of the Hai Phong Economic Zone Authority , said the city looks to surpass this year’s FDI attraction target of 2.5 billion USD. To that end, the authority will boost investment promotion and attraction for the three pillars of economic development, namely high-tech industry, seaports - logistics, and … [Read more...] about Hai Phong striving to attract over 2.5 billion USD in FDI this year
Chairman of the British Chamber of Commerce Vietnam Kenneth Atkinson. The trade and investment relationship between Viet Nam and the UK has grown significantly a year after the UK-Viet Nam Free Trade Agreement (UKVFTA) came into effect. Viet Nam News spoke to Chairman of the British Chamber of Commerce Vietnam Kenneth Atkinson about the effectiveness of the trade deal as well as opportunities for further cooperation between the two countries. How do you assess improvements in trade and investment between Viet Nam and the UK a year after implementing the UKVFTA? The UK-Viet Nam FTA came into effect on May 1, 2021 but with retroactive benefits starting January 1, 2021. This was one of the speediest negotiations of any FTA, in large part due to the strong strategic partnership established by the Governments of Viet Nam and UK. The Strategic Partnership has been in place for 10 years and is stated as being at its strongest ever. The UK is the European country that has maintained … [Read more...] about Trade, investment between Viet Nam and UK expand steadily in all sectors
Prime Minister Pham Minh Chinh (R) receives Russian Minister of Foreign Affairs Sergey Lavrov. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh received Russian Minister of Foreign Affairs Sergey Lavrov in Hanoi on July 6, during which the PM affirmed that Vietnam has attached great importance to its comprehensive strategic partnership with Russia and wanted to deepen and make the bilateral cooperative ties more effective in all spheres. Highly valuating the positive results in bilateral cooperation over the past years, PM Chinh thanked the Russian side for its valuable support and assistance to Vietnam in the past and during the current process of national construction and development, most recently in the fight against the COVID-19 pandemic. Lavrov said that Russia always considers Vietnam an important partner in the region and wants to further foster cooperation with the Southeast Asian country. Both sides agreed to further promote high-level agreements … [Read more...] about Vietnam treasures and wants to deepen ties with Russia: PM
CHI Hospitality International inaugurates a Stay7 International Hotel in the central city of Nha Trang. —Photo courtesy of the firm South Korean hotel management company CHI Hospitality International has inaugurated a Stay7 International Hotel in the central city of Nha Trang to take the opportunity from the recovery of the country’s tourism industry. Stay7 International Hotel Nha Trang has 203 luxuriously designed rooms at 65 Tran Quang Khai in the heart of Nha Trang City. There is a modern swimming pool on the 28th floor, ranked as one of the city's five most beautiful swimming pools. Currently, CHI Company Group has businesses in Viet Nam, such as in Ha Noi and HCM City, including financial/real estate, manufacturing, industrial logistics, and hotels. They are actively carrying out investment/operation projects in resort development in Da Lat and Phu Tho Province, 5-star hotels in Da Nang City, and residence buildings with about 320 rooms in Thai Nguyen Province. A … [Read more...] about South Korean hotel chain opens in Nha Trang