Vietnamese fashion products displayed at Hong Kong Fair
Vietnamese fashion products displayed at Hong Kong FairMore than 30 leading Vietnamese manufacturers of garments, textiles and fashion accessories as well as garment-related industries have displayed their products at Hong Kong’s largest one-stop sourcing fashion show. The Vietnam pavilion at the Global Sources Fashion show which opened in Hong Kong recently (Photo courtesy of the organiser)Products on display at the Global Sources Fashion show included apparel, fashion jewelry, underwear, swimwear, bags, luggage, scarves, footwear and fabrics all under one roof. The four-day show, which ended on April 30, featured verified suppliers from major fashion manufacturing hubs, including Vietnam, mainland China, Hong Kong, Taiwan, the Republic of Korea, Bangladesh, India, Indonesia and the Philippines. The show hosted the largest collections of bags and luggage, footwear and sports fashion in Hong Kong as well as Asia’s largest scarf pavilion. Dedicated national and regional pavilions showcased quality fashion products from countries and regions, including Vietnam, India, Jiangsu, Hunan Shaodong and Xiamen.
Source:VietNamNet News
April 30, 2018 11:26 UTC
Cua Lo tourism festival kicks off in Nghe An province
Cua Lo tourism festival kicks off in Nghe An provinceDeputy Prime Minister Vuong Dinh Hue beat a drum to kick off the Cua Lo tourism festival on April 29, putting the first note for the tourism season in one of the most beautiful beaches in the central province of Nghe An and the north central region. Cua Lo beach has a lot of legends and it is endowed with beautiful surrounding landscapes, Duong said. Through historical ups and downs, Cua Lo town - dubbed the green pearl of Nghe An - has become a popular marine destination in the province and the country as well, he added. Cua Lo is evaluated as one of the most beautiful beaches in Vietnam by the World Tourism Organisation, he said. In 2018, Cua Lo town strives to greet over 2.7 million visitors, a year-on-year rise of 10 percent, including 6,000 foreigners.
Source:VietNamNet News
April 30, 2018 11:26 UTC
Job arrangement urged for Vietnamese workers in Taiwan factory fire
Job arrangement urged for Vietnamese workers in Taiwan factory fireThe Department of Overseas Labour Management under the Ministry of Labour, Invalids and Social Affairs has directed the arrangement of jobs for over 160 Vietnamese workers who lost their jobs due to a blaze that broke out in a factory’s dormitory in Taoyuan city, Taiwan (China) on April 28. It asked the labour management department in Taipei to continuously follow the situation and report the latest developments relating to Vietnamese workers. More than 1,000 Vietnamese are working for the company, including over 160 working at the factory in Pingzhen district where the fire broke out. The office also asked the labour brokers, who introduced the Vietnamese workers to work in Taiwan, to work with the factory to offer them temporary accommodation. The office was also tasked to cooperate with relevant agencies and companies to help the Vietnamese workers return to normal life soon.-VNA
Source:VietNamNet News
April 30, 2018 09:56 UTC
Phu Yen: Hon Yen landscape cluster recognised as national relic site
Phu Yen: Hon Yen landscape cluster recognised as national relic siteThe landscape cluster of Hon Yen in the central coastal province of Phu Yen has been recognised as a national relic site given its geological, cultural and historical values as well as floral diversity. Hon Yen (Yen Islet) is located in Nhon Hoi hamlet, An Hoa commune, Tuy An district, 15km from Tuy Hoa cityThe provincial People’s Committee held a ceremony on April 29 to receive the title. A highlight of this cluster is Hon Yen (Yen Islet), which is located in Nhon Hoi hamlet, An Hoa commune, Tuy An district, 15km from Tuy Hoa city. Hon Yen landscape cluster links with other relic sites along coastal roads such as Da Dia Reef, Mai Nha and Hon Chua islets, Mon – Mui Dien beach, and Vung Ro bay, creating an attractive tour in Phu Yen province. The provincial Department of Culture, Sports and Tourism is studying to offer a snorkelling tour for visitors to see coral reefs in Hon Yen landscape cluster.
Source:VietNamNet News
April 30, 2018 09:11 UTC
Prime Minister’s visit to Singapore a comprehensive success
Prime Minister’s visit to Singapore a comprehensive successThe recent official visit to Singapore by Prime Minister Nguyen Xuan Phuc and his spouse along with a high-ranking delegation from Vietnam was successful in various spheres, according to Deputy Foreign Minister Nguyen Quoc Dung. Vietnam's Prime Minister Nguyen Xuan Phuc (L) and Singapore's Prime Minister Lee Hsien LoongIn an interview granted to the press on the outcome of the visit, Dung said that first of all, via the visit, the mutual trust in the bilateral relations after 45 years of diplomatic ties and five years of strategic partnership has been reinforced and strengthened. The trust, closeness and shared vision of development goals and strategic security issues of the two countries create an important foundation for their vigorous cooperation development in all fields, making active contributions to the growth of each nation. The two PMs also reached high consensus on promoting affiliation in education and training (especially English and vocational training), finance, oil and gas services, and science-technology. During his meeting with Vietnamese students at the Singapore Management University, he highlighted the Government’s commitment to creating a favourable start-up environment.
Source:VietNamNet News
April 30, 2018 08:48 UTC
South Liberation, National Reunification Day in photos
South Liberation, National Reunification Day in photosAfter the victories of the Hue-Da Nang Campaign and the Tay Nguyen Campaign, the Politburo decided to launch the Ho Chi Minh Campaign on April 9, 1975 to liberate Saigon. Vietnam’s national reunification marked abroadThe Embassy of Vietnam to Chile celebrated the 43th anniversary of the liberation of southern Vietnam and national reunification (April 30, 1975) in a ceremony on April 28 which gathered the Vietnamese community in Chile and many foreign guests. Son recalled milestones in the history of the Vietnam – Chile relations, highly speaking of progress made by the two countries in their comprehensive partnership, such as the regular exchange of visits at all levels. For his part, Kolesnik congratulated Vietnamese people and veterans on their victory 30 years ago and wished the Vietnamese War Veterans’ Association would grow stronger in the future. Meanwhile, in Phnom Penh, Cambodia, a meeting to mark 43rd anniversary of the Liberation of the South and National Reunification Day (April 30) was held by the Vietnamese-Cambodian Association in Phnom Penh on April 28.
Source:VietNamNet News
April 30, 2018 08:40 UTC
Stock market continues to be busy with more IPOs
Stock market continues to be busy with more IPOsVietNamNet Bridge - January 2018 witnessed many IPOs of large corporations, including Binh Son Petrochemistry & Refinery JSC (BSR, UpCom), PVOil (OIL, UpCom), PVPower (POW, UpCom) and the Vietnam Rubber Group (GVR, UpCom). The total amount of money collected from the four IPOs was VND17.9 trillion, or $785 million. If counting some smaller IPOs, including Vinafood II ($51 million), Hapro ($39 million) and GENCO 3 ($8 million), the total amount is roughly $1 billion. While BSR, PVOil and PVPower successfully concluded their IPOs, others had unsatisfactory IPOs. Rong Viet Securities, in its report, said that the stock market, as the economy’s barometer, will be the first channel to reflect positive movements.
Source:VietNamNet News
April 30, 2018 08:26 UTC
Vietnam welcomes over 5.5 million foreign tourists in first four months
Vietnam welcomes over 5.5 million foreign tourists in first four monthsThe number of foreign visitors arriving in Vietnam in April was estimated at 1.3 million, raising the total figure for the first four months of 2018 to 5.5 million, up 29.5% over the same period last year. Of the total visitors in the first four months, 4.1 million came from Asia, with Chinese tourists topping the list at 1.7 million, followed by 1.1 million from the Republic of Korea. Visitors from Europe were estimated at more than 843,000, of which Russian tourists accounted for the largest share at an estimated 262,000. The numbers of tourists coming from the Americas and Oceania were 357,000 and 163,000 respectively. During the period, nearly 15,000 Africans tourists also visited Vietnam, an annual increase of 22.5%.
Source:VietNamNet News
April 30, 2018 06:00 UTC
Cane farmers call for help after sealing off Bisuco
Cane farmers call for help after sealing off BisucoAs Bisuco is going to be sealed off to overcome environmental issues, the central province of Binh Dinh’s cane farmers are in distress as they fear that they will not be able to find buyers and will have to reduce prices. Bisuco will be closed, to the distress of local farmers. However, the sealing off of Binh Dinh Sugar JSC (Bisuco) will cause local cane farmers difficulties. According to a representative of An Khe sugar factory, in Tay Son district alone there is 20,000 tonnes of cane. “Last year, the price of cane reached VND900,000 ($39.6) per tonne, and after subtracting the transportation fees of VND200,000 ($8.8) per tonne, farmers were still profitable.
Source:VietNamNet News
April 30, 2018 05:15 UTC
ACA Investments pours extra $100 million in retail and logistics ops
ACA Investments pours extra $100 million in retail and logistics opsACA Investments, Japan’s leading fund management company and an affiliate of Sumitomo Corporation, will spend $100 million on conducting M&A deals in the retail and logistics sectors in order to increase its presence in Vietnam. Bibo Mart is already dominating the baby and mom retail market. Starting out with only two stores in 2006, Bibo Mart now has 120 stores. Bibo Mart stores will be located in more than 18 cities and provinces, targeting locations that are densely populated and convenient for buyers. Over its 12 years of establishment and development, Bibo Mart is now the No.1 mother and baby chain in Vietnam and is valued at $140 million.
Source:VietNamNet News
April 30, 2018 05:15 UTC
Young and single grapple with expectations
Young and single grapple with expectationsMany Vietnamese still struggle with the pressure that comes from being single, though there are those who take a more positive attitude. It was her wedding day, but Ms. Thu Phuong was only thinking about a reason to break up with her husband later on. Reluctant weddingsAfter a few unsuccessful relationships, Ms. Phuong, who works in an office, was single for a few years. Right”, she decided to arrange a fake wedding. “They say as long as I’m happy, they’ll support me and be happy too.”Some are just not ready to settle down before they turn 30.
Source:VietNamNet News
April 29, 2018 23:26 UTC
More Koreans interest in Vietnamese language
More Koreans interest in Vietnamese languageAn article published on The Diplomat magazine has looked for the reason behind an increasing number of people in the Republic of Korea learning Vietnamese, a less familiar language compared to English. The opening ceremony of a Vietnamese language course for people in the Republic of Korea. It opened by showing that 800 Koreans took the language proficiency test Vietnamese Oral Proficiency Interview in 2017, jumping by 15 percent from 2016. Meanwhile, a Vietnamese language course at the Seoul-based online language education Siwon School saw a 4-percent increase in the number of students and an 11-percent increase in sales every month since it was first launched in November 2016. The Seoul-based general cooking and food company Ourhome has recently begun to provide Vietnamese language courses for its employees ahead of its expansion to the country.
Source:VietNamNet News
April 29, 2018 11:26 UTC
Hue Festival 2018 entertains visitors with myriad programmes
Hue Festival 2018 entertains visitors with myriad programmesA myriad of art performances were staged by foreign and local artists in the ongoing Hue Festival, the 10th of its kind, in the central province of Thua Thien-Hue. A music show featuring songs of late musician Trinh Cong Son was also a highlight of the festival, luring over 20,000 visitors at home and abroad. Sixteen art troupes with about 450 artists were brought together at a national festival of “Hat Van” or “Chau Van” (a traditional art form that combines singing and dancing). An international symposium featuring Hue royal and traditional gastronomy was held the same day with the participation of more than 200 delegates from Thailand, Japan, the US, Laos, Indonesia, China, France, Switzerland, Singapore and Vietnam. The Hue Festival 2018 is taking place from April 27 to May 2 under the themed “Cultural heritage with integration and development - Hue one destination, five world heritages”.-VNA
Source:VietNamNet News
April 29, 2018 11:26 UTC
Int’l press highlights Vietnam’s impressive economic development
Int’l press highlights Vietnam’s impressive economic developmentOver the past week, the international press has run numerous articles highlighting the impressive development of Vietnam’s economy. German finanzen.net reveals the secrets that help Vietnam become more attractive to foreign investors. Forbes magazine evaluated that the Vietnamese government’s policies on foreign investment attraction, state asset equitsation and trade liberalisation remain stable and predictable. It is forecasted that Vietnam's shrimp exports will increase from 690,000 tonnes in 2017 to 830,000 tons in 2018 and to 1.14 million tons by 2025. At present, there are 19 places that can enjoy Vietnamese cuisine, of which eight are only serving Vietnamese food.
Source:VietNamNet News
April 29, 2018 11:15 UTC
Vietnam’s CPI up slightly in April
Vietnam’s CPI up slightly in AprilVietnam’s consumer price index (CPI) in April went up 0.08 percent monthly and 2.75 percent annually, pushing up the four-month figure by 2.8 percent year-on-year, reported the General Statistics Office (GSO) on April 29. Petrol prices were also adjusted up, thus pushing CPI by 0.11 percent, she said, adding that flight and railway ticket prices moved up 0.76 percent and 2.55 percent, respectively. Meanwhile, prices of housing materials, electricity and water supply hiked a respective of 0.5 percent, 0.14 percent and 0.42 percent. Prices of poultry and aquatic products curbed CPI growth due to abundant supply. Gold prices moved up 0.47 percent month-on-month while USD prices were kept stable at around 22,790 VND.
Source:VietNamNet News
April 29, 2018 11:15 UTC