The ceremony where the winners of different categories will be revealed will take place at Gem Center in District 1 on Sep. 7. WTA gala ceremonies are widely regarded as the best networking opportunities in the travel industry, attended by government and industry leaders, luminaries and international print and broadcast media. "A metropolis of boundless energy, HCMC draws together old and new Vietnam, representing the city’s past as well as its future. Wander through alleys and markets, explore the temples, and discover the designer malls beneath soaring skyscrapers in this fascinating fusion of different worlds," World Travel Awards wrote on its homepage. This year, Vietnam received a series of nominations for different categories in the Asian region. HCMC targets 3.5 million foreign arrivals this year as Vietnam reopened its borders after two years. In 2019 it had received over 8.6 million foreign visitors, or nearly half the total foreign arrivals in Vietnam. World … [Read more...] about World Travel Awards to host gala in HCMC
Bright futures awards
Vietnamese fishermen move to mountain to make ends meet in Mekong Delta
About ten years ago, when rivers in Vietnam's Mekong Delta started to run low on fish and shrimp, dozens of local households left the region for the Central Highlands in an attempt to eke out a living by fishing in reservoirs. The fishing skills of the Mekong Delta fishermen were easily adapted to the Se San Reservoir in the Central Highlands province of Kon Tum, where 34 households, mostly from An Giang and Hau Giang Provinces in the Mekong Delta, have been coping well with the uncertainty of their new lives in the mountains. Fishing on a mountain Dang Van Thuoc, a 40-year-old man, was one of the first Mekong Delta fishers to leave southern Vietnam for Kon Tum. He currently earns a living fishing in the Se San Reservoir. A woman sits on a floating house on the Se San Reservoir in Kon Tum Province, Vietnam. Photo : Tran Hoa / Tuoi Tre Thuoc and his relatives first settled by a small reservoir in nearby Dak Lak Province but they soon realized competition … [Read more...] about Vietnamese fishermen move to mountain to make ends meet in Mekong Delta
PVCFC named in 50 Best Listed Companies for second time
The 50 Best Listed Companies in 2022 include the best players in diverse sectors that have secured eminent business achievements in their development history. As impacts of the pandemic have gradually abated, the business landscape globally and in Vietnam began to exhibit increasingly bright prospects. Disruptions of the supply chain brought a bonanza year for seaport and logistics firms. Temporary disturbances in the supply chain have led to escalating input material prices which, in another extent, are beneficial to certain groups of businesses, including PVCFC to cash in on the opportunities to harvest inspiring business results. PVCFC for the second time shining among the 50 Best Listed Companies in 2022 Leveraging the most rigorous assessment criteria and an objective and scientific select mode, Forbes Vietnam’s judging panel continued to assert PVCFC as a major brand with a solid background. The company’s residence against challenges, flexible adaption to … [Read more...] about PVCFC named in 50 Best Listed Companies for second time
CapitaLand Development enhances its operations
CapitaLand Development (CLD) has entered into plenty of new development deals across many different businesses in Vietnam. What is your exact development strategy in Vietnam? Ronald Tay, CEO of CapitaLand Development (Vietnam) Vietnam is one of our core markets, and we are committed to being a long-term partner contributing to Vietnam’s economic development. Having been part of Vietnam’s growth for 28 years, CLD’s portfolio comprises one retail mall, two integrated developments, and more than 13,000 quality homes across 17 residential developments. Over the next five years, we aim to accelerate our investment in the country, doubling our capital allocation to grow our portfolio in Vietnam. Our real estate expertise, coupled with our extensive local knowledge, places us in a strong position to scale up our investments in township developments, logistics, industrial, and business parks as well as seek opportunities to expand into data centres. Our recent investments … [Read more...] about CapitaLand Development enhances its operations
Invisible for portraiture: An encounter with French-Vietnamese photographer Lam Duc Hien
Photographer Lam Duc Hien of World Press Photo Contest fame sat down with Tuoi Tre (Youth) newspaper during his time at the 2022 Hue Festival to reflect on the portraits that made his name, the life-or-death experiences, and the state of modern photojournalism after spending three decades in the ever-changing industry. How did you get your start in photography? At the beginning, I did not even plan to do photography professionally. It started when I joined a non-governmental organization (NGO) because I want to help people. I went to Romania with them in 1990 and they asked me to take pictures. [In 1990, the country was experiencing perpetual social unrest and political battles following the Romanian Revolution in December 1989]. The pictures were used in campaigns to raise money for Romanian children, and after that, the NGO said they got a lot of donations. It made me understand the power of a picture - a good one can help mobilize a lot of money. They [the NGO] then … [Read more...] about Invisible for portraiture: An encounter with French-Vietnamese photographer Lam Duc Hien
METALEX Vietnam and Supporting Industry Exhibition 2022 shape the new normal
Vu Trong Tai, general manager of RX Tradex Vietnam, the organizer of METALEX Vietnam 2022 stated, “Despite being impacted by the pandemic, Vietnam's economy has proven its resilience thanks to the adaptable reaction of enterprises and the prompt actions of the government. The changing geopolitical trends and the timely execution of economic cooperation will further strengthen Vietnam’s position. This is a good opportunity for Vietnamese entrepreneurs." Vu Trong Tai, general manager of RX Tradex Vietnam Matsumoto, chief representative of Japan External Trade Organization's (JETRO) Ho Chi Minh office, echoed the sentiment that Vietnam’s standing is improving. "Trade and investment between Vietnam and Japan have made substantial achievements in recent years. According to statistics, 55.3 per cent of enterprises plan to expand their operations in Vietnam during the next one to two years, the highest number in Southeast Asia. In comparison to the rest of Asia, only India, … [Read more...] about METALEX Vietnam and Supporting Industry Exhibition 2022 shape the new normal
METALEX Vietnam exhibition 2022 to open in October
The Supporting Industry exhibition 2022 will be also organized at the same time and location as METALEX Vietnam 2022. The exhibitions are organized by RX Tradex Vietnam, in partnership with the Japan External Trade Organization (JETRO) in HCMC, the HCMC for Supporting Industries Development (CSID), and the Investment and Trade Promotion Center HCMC (ITPC). The shows aim to deliver remarkable activities to the Vietnamese metalworking community, such as technology showcases, conferences, welding competitions, technology runways, and business matchmaking. More than 250 brands from 20 countries will attend the exhibitions, including Accretech, Epson, Mitutoyo, Takamaz, Yamaha, Hiwin, LKM, New Century, Delta, Showadenki, and companies from international pavilions of India, Germany, Japan, Singapore, Thailand, etc. METALEX Vietnam 2022 will have attractive programs such as M-TALKS, and factory visit. Attendees can understand deeply the market trends, interact with partners, and … [Read more...] about METALEX Vietnam exhibition 2022 to open in October
Prospects abound for land-rich industrial players
According to Ngo Thi Kim Thanh, senior expert at the Investment Analysis and Consulting Centre for SSI Research, the land lease demand in industrial zones (IZs) continues to secure positive growth for 2022 and beyond. This is attributable to diverse factors such as China’s strict pandemic policy, and reopened borders – paving the way for foreign investors to strike new deals or wrap up land lease procedures which were signed earlier. Prospects abound for land-rich industrial players, Illustrative photo. (Source: VNA) Thanh gave the remarks at a talk show on the charm of real estate tickers, hosted by VIR in Hanoi last week. In the stock market, the performance of real estate tickers is being deemed a bright spot in the context of a lasting market correction since April. During the period, the ticker IDC of IDICO Corporation gained more than 20 per cent, KBC of Kinh Bac Urban Development Corporation rose more than 15 per cent, and VGC of top building material maker … [Read more...] about Prospects abound for land-rich industrial players
Stock market showing no indication of growth
Although all the micro-economic and macro-economic advantages are available, it seems that there is no key catalyst for trending towards a new growth level at the stock market. Profits vary Initial statistics show that around 600 corporations have made public their financial statements in the second quarter of 2022. The number could be a bit higher if all the estimated figures were actively made public. Figures will continually be updated over the next few days, but the sales and profits of listed corporations will rise positively. For instance, as estimated by Vndirect Securities Corporation, considering 590 corporations listed by 26 July the total sales and profits in the second quarter increased by 25.3% and 17.9% respectively, over the same period last year. Stocks with high capitalization of more than VND 10,000 bln have recorded an average of 34.3% increase in sales and 24.9% in net profits. It is certainly normal for the stock trading market to have dark and bright … [Read more...] about Stock market showing no indication of growth
Vietnamese diplomat cements Australia and Vietnam relations
Through her frequent interaction with the public, especially youth, women, and the media, Madam Ninh is known as one of the public figures with an influential voice in Vietnam. Madam Ton Nu Thi Ninh, a veteran Vietnamese diplomat, has been appointed as patron in Vietnam of the Australia-Vietnam Leadership Dialogue (AVLD). Madam Ton Nu Thi Ninh, a veteran Vietnamese diplomat, former Vietnamese Ambassador to the European Union, Belgium, and the Netherlands. Photos: AVLD Madam Ninh is joining AVLD alongside Patron in Australia, General Sir Peter Cosgrove. She will commence with AVLD for a 2-year period to help enhance relations, cooperation, and understanding between Vietnam and Australia through AVLD – an independent non-profit initiative that is aimed to nurture relationships, promote engagement and incubate collaboration between Australian and Vietnamese leaders from a broad spectrum of society. AVLD, through people-to-people links, believes the bilateral … [Read more...] about Vietnamese diplomat cements Australia and Vietnam relations