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
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
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
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
Vietnam’s tea industry feels pressure from decline in exports
Vietnam’s tea industry feels pressure from decline in exportsVietNamNet Bridge - Analysts say it is time for Vietnam to focus on quality, rather than quantity, of tea exports. Vietnam’s tea exports to Pakistan, the biggest export market, dropped by 40 percent this year in comparison with the same period last year. Though the export price has increased recently, Vietnam’s tea export prices remain low. Around 98 percent of Vietnam’s tea exports are raw materials, in 50 kilogram packs. Developing high-quality teaHowever, the good news for Vietnam’s tea industry is the bright prospects of high-end product development.
Source:VietNamNet News
April 29, 2018 09:33 UTC
Vietnamese, US ambassadors talk bilateral ties
Vietnamese, US ambassadors talk bilateral tiesThe Centre for Strategic and International Studies (CSIS) recently held a dialogue on Vietnam – US relations with Vietnamese Ambassador to the US Pham Quang Vinh and US Ambassador to Vietnam Daniel Kritenbrink in Washington D.C.Vietnamese Ambassador to the US Pham Quang Vinh (right) at the dialogueThe two ambassadors expressed their delight at great strides in Vietnam – US strategic partnership over the past years, especially in the fields of economy-trade, education-training, post-war recovery, people-to-people exchange, national defence-security and regional issues of shared concern. It was evidenced by successful visits last year by Vietnamese Prime Minister Nguyen Xuan Phuc in May and US President Donald Trump in November, they said. They vowed to further boost bilateral ties, particularly in priority fields mentioned in the Vietnam – US Joint Statement during high-level visits in 2017, as well as shared experience and recalled joint work over the past three years. Both sides answered questions regarding the US’s strategy on the region, bilateral economic-trade, maritime security and safety cooperation, including the East Sea issue.-VNA
Source:VietNamNet News
April 29, 2018 08:15 UTC
What is the standard for ‘safe roasted coffee’?
What is the standard for ‘safe roasted coffee’? VietNamNet Bridge - Twenty-one tons of coffee in Dak Nong province made of battery powder have been seized as ‘dirty coffee’. \According to Nguyen Viet Vinh, secretary general of the Vietnam Cocoa and Coffee Association (Vicofa), one of the hottest issues now is the absence of national standards for roasted coffee. As a result, roasters add non-coffee elements into real coffee and sell their products as ‘genuine coffee’.“The lack of national standards for roasted coffee places difficulties on agencies to control coffee quality in the market, while ‘mixed’ coffee is labeled as genuine coffee,” he commented.The Ministry of Agriculture and Rural Development (MARD) has set up two standards related to coffee processing. Three tons of battery-made coffee was sold in Q1 2018.In principle, coffee roasters must declare the ingredients and label their products.
Source:VietNamNet News
April 29, 2018 01:22 UTC
Students’ mental health should be a focus
Students’ mental health should be a focusTimely advice could help ease negative feelings and deal with problems related to school, experts said. Studies conducted in another seven northern provinces also found that 20 per cent of students suffered psychological problems that required intervention. In order to achieve a comprehensive education, it was necessary to take care of mental health to help students overcome their problems and enhance their learning, Thanh said at a workshop on training school psychological counsellors held by the UE this week. He said the colleges specialising in school psychology training should offer more courses to help school counsellors. In the coming years, school counselling service will be reviewed to ensure physical and mental health for both teachers and students, and teachers who have psychological difficulties will be assisted while students will be empowered to cope with mental stress in general and psychology in particular.
Source:VietNamNet News
April 28, 2018 08:26 UTC
Travel firms see higher earnings as personal incomes rise
Travel firms see higher earnings as personal incomes riseVietNamNet Bridge - After collecting tens of billions of dong from selling tours at a tourism trade fair held in Hanoi earlier this month, travel firms hope they can earn the same at a similar event to be held in HCMC. The agency did not count the number of outbound travelers, but travel firms said the figures must be very high. The agency did not count the number of outbound travelers, but travel firms said the figures must be very high. Commenting about the ‘taste’ of Vietnamese travelers, a tourism expert said that low pricing can attract travelers, but this is not enough. Domestic travel firms say noMore Vietnamese prefer traveling abroadKim Chi
Source:VietNamNet News
April 28, 2018 07:52 UTC
Bird’s eye views guaranteed in Stork Island
Bird’s eye views guaranteed in Stork IslandVietNamNet Bridge – If you looking for the best bird’s eye view, there’s only one place to go: Stork Island. Birds-eye view: An aerial view of the island. VNA/VNS Photos Minh DucGia Lac Commune, Gia Vien District, in the northern province of Ninh Binh, is home to thousands of white storks and other birds. Gia Vien District is located 10km north of Ninh Binh City, which has forests, mountains, plain, lakes, marshland and rivers. Local citizens: White storks account for the majority of the ’residents’ on the island.
Source:VietNamNet News
April 28, 2018 06:33 UTC
Techcombank places over 164m ordinary shares to investors
Techcombank places over 164m ordinary shares to investorsViet Nam Technological and Commercial Joint Stock Bank (Techcombank) raised about VND21 trillion ($922 million) in its initial public offering (IPO) on Friday. All of more than 164 million ordinary shares were successfully sold to institutional investors at the final price of VND128,000 (US$5.62) per share, which valued the bank at $6.5 billion. The trading of Techcombank’s shares on the HCM Stock Exchange is expected to commence on June 4 under the stock code TCB. Just as important is that a number of these funds are investing in Viet Nam for the first time, ” Nguyen Le Quoc Anh, CEO of Techcombank, said. But most importantly, investors are very bullish on the growth of Viet Nam’s middle class as its young population enters the work force.
Source:VietNamNet News
April 28, 2018 02:37 UTC