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This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to Vietnam from May 3 - 18. “The Vietnamese economy is expected to grow at 6.3 percent in 2022 and 6.5 percent in 2023. Inflation is projected to remain contained,” said AMRO Group Head and Lead Economist Kalra. “This positive outlook rides on strong external demand, a recovery in domestic consumption and healthy investments inflows, bolstered by an appropriate macroeconomic policy stance.” The domestic outbreak of the Omicron variant receded sharply in April 2022, and border restrictions and domestic containment measures were eased. The aggregate output gap is expected to narrow significantly by the end of this year. The recovery is, nevertheless, uneven across sectors. While both the manufacturing and service sector outputs have surpassed their 2019 levels, the service sector still has pockets of distress, especially in the tourism, hospitality and … [Read more...] about AMRO forecasts Vietnam’s strong recovery amid external headwinds

Passengers on the first Vietjet Air flight from Seoul to Nha Trang. (Photo: vietjetair.com) Hanoi (VNA) – Celebrating a vibrant summer and welcoming life back to Vietnam's famous paradise beaches, budget carrier Vietjet has officially reopened flights connecting Seoul and Nha Trang, Phu Quoc and Hai Phong. The first flight back to Nha Trang from Seoul on May 20 was greeted with a water cannon salute, flowers and gifts, showing Vietnam’s warm hospitality to visitors. Vietjet plans to relaunch services from Seoul to Phu Quoc and Hai Phong and vice versa this May, raising the total routes linking Vietnam and the Republic of Korea to six, given that the two countries are expecting a new wave of tourists from both sides, after the RoK announced the resumption of short-term tourist visas for foreigners from June 1. There are currently three Nha Trang - Seoul (Incheon) round-trip flights weekly, on Wednesdays, Fridays and Sundays. Starting from May 21, Vietjet … [Read more...] about Vietjet reopens flights between Seoul and Vietnam’s beach destinations

Accordingly, the command and relevant organizations held meaningful activities to help islanders and fishermen in the district. On May 21, a delegation of the Coast Guard Region 3 Command disseminated information about Vietnamese sea and islands, and Laws on Vietnam Coast Guard, and Drug Prevention and Control and other legal documents related to Vietnam’s sea and islands. In addition, participants were also equipped with information about illegal, unreported and unregulated (IUU) fishing. In Long Dien town of Long Dien district, the troops, in coordination with local youths, cleaned the environment and collected waste along the beach. In the framework of the program, the delegation visited and presented 100 gifts to policy households and 200 gifts to needy fishermen, worth VND 1 million each, while handing over national flags, medicines, raincoats ... to poor people in the locality. The command also worked with Hung Vuong Hospital and District No.2 Hospital in Ho Chi Minh City … [Read more...] about Coast Guard Region 3 supports local fishermen

Nguyễn Thị Nhớ Hoài celebrates winning the women’s 70km category at the Việt Nam Trail Marathon held in Mộc Châu District, Sơn La Province. — Photo courtesy of the organisers MỘC CHÂU — Nguyễn Thị Nhớ Hoài and Nguyễn Tiến Hùng won the Việt Nam Trail Marathon held in Mộc Châu District, Sơn La Province on Saturday. Hoài who ran for Newborns Việt Nam, came first in the women’s 70km category with a total time of 11:22.00. She looked very strong at the finish line with an 18 minute gap to second place Vũ Thị Lan Hương. “This is the first trail race by Topas that I joined. I am shortsighted and I did not wear my glasses but the markings were really good that I could run fast without fearing being lost. The checkpoint staff were also very supportive, they helped me a lot. “The course was also very beautiful. Along the trails are the plum gardens which I can imagine how amazing they will look like in blossom season in January. One more thing to … [Read more...] about Hoài, Hùng win Việt Nam Trail Marathon

Production at Chinese-invested Jasan Textile and Dyeing Vietnam Co., Ltd. at Hai Phong's Vietnam-Singapore Industrial Park (VSIP). (Photo: VNA) Singapore (VNA) - The Vietnamese economy picked up strongly in early 2022, thanks to a strong vaccination drive, robust global demand for its manufacturing products, momentum in domestic demand, and resilient foreign direct investment (FDI) flows. This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to Vietnam from May 3 - 18. “The Vietnamese economy is expected to grow at 6.3 percent in 2022 and 6.5 percent in 2023. Inflation is projected to remain contained,” said AMRO Group Head and Lead Economist Kalra. “This positive outlook rides on strong external demand, a recovery in domestic consumption and healthy investments inflows, bolstered by an appropriate macroeconomic policy stance.” The domestic outbreak of the Omicron variant receded sharply in April … [Read more...] about AMRO forecasts Vietnam’s strong recovery amidst external headwinds

Editor’s note : This story by Ray Kuschert is about quán , a type of small food outlet which is very popular in Vietnam in general and in Ho Chi Minh City in particular. Kuschert has been living in Ho Chi Minh City for the past ten years. Mention 'street food' to any traveler and people all over the world instantly turn their minds to the amazing, cheap, and available street food in Vietnam. Ho Chi Minh City is the street food megacity of Vietnam with almost every type of Vietnamese food imaginable available around the city. However, hidden within this gem is a secret superhero that has been feeding locals and tourists for generations. People eating bò né (Vietnamese-style beefsteak) at a quán in Ho Chi Minh City. Photo: Bong Mai / Tuoi Tre Often confused with street food, the small business known as a quán is the very heart and soul of culinary culture. Such small food outlets specialize in one dish and are the places to go for a sit-down meal or … [Read more...] about ‘Quán’: A secret superhero of ‘real’ fast food in Ho Chi Minh City