Travel businesses will concentrate on niche markets rather than traditional markets such as South Korea or Japan. Vietnam’s travel businesses should turn to less explored markets such as Mongolia, India, the Middle East and South America to restore and develop inbound tourism in Vietnam. Local travel businesses attend the event. Photo: baocongthuong This is one of the suggestions given by Nguyen Anh Tuan, Director of the Institute for Tourism Development Research at the 2022 National Travel Forum with the theme “Solutions to restore and develop inbound tourism in Vietnam” on August 8 in Ho Chi Minh City. Tuan pointed out some international tourism trends in Vietnam in the new context, in which travel businesses need to pay more attention to the niche markets. Being of the same mind, Nguyen Thien Phuc, Director of Product Research & Development at Vidotour Indochina Travel, said in the context that traditional markets have not recovered, especially the … [Read more...] about Vietnamese tourism looks at niche markets
Post marathon recovery plan
BM PLASCO honored in Forbes Vietnam’s Top 50 best listed firms
BM PLASCO is the only firm in the sector of building materials specializing in plastic pipes and plastic pipe fittings to be included on this year's list. This is a remarkable milestone for the company's 45-year effort. In 2021, BM PLASCO reached a revenue of VND4,552 billion and a profit of VND 214 billion. In the first half of 2022, the consolidated revenue of the company has reached VND2,911 billion with VND341 billion profit, an increase of 11.5 percent and double respectively y-o-y. These are outstanding figures that demonstrate the firm's stability and durability during the post-pandemic business recovery era and establish long-term goals for the future. Nguyen Thanh Hai, BM PLASCO’s Deputy Sales General Director, said: “Along with the continual development of science and technology, the Vietnam market has seen a growing number of plastic - construction materials which not only focus on quality but also design and convenience of use. Founded on a firm basis, BM PLASCO … [Read more...] about BM PLASCO honored in Forbes Vietnam’s Top 50 best listed firms
ASEAN Online Sale Day 2022 kicks off
The annual ASEAN event, which is jointly organized by ASEAN nations, aims to boost regional e-commerce with a focus on commercial transactions. The ASEAN Online Sale Day 2022 kicked off today on www.onlineasean.com , with the participation of nearly 200 registered enterprises operating on digital platforms in Vietnam. ASEAN Online Sale Day 2022 kicks off on August 8. Photo: onlineasean.com On the 55th anniversary of ASEAN's founding, ASEAN's largest online shopping day is hosted by Vietnam, Singapore, and Cambodia, which is the chair of ASEAN 2022. Through the ASEAN Online Sale Day, ASEAN members hope to provide consumers and companies in ASEAN nations with a secure and beneficial environment for online shopping with high-quality items. The event comprises two tiers for domestic and cross-border transactions. Reputable e-commerce businesses and platforms in the ten ASEAN countries will launch a series of special discount shopping programs for consumers … [Read more...] about ASEAN Online Sale Day 2022 kicks off
Russia to launch Iranian satellite amid Ukraine war concerns
Iran's "Khayyam" satellite is scheduled to take off from the Moscow-operated Baikonur cosmodrome in Kazakhstan at 0552 GMT, three weeks after Russian President Vladimir Putin met Iranian counterpart Ebrahim Raisi and Supreme Leader Ayatollah Ali Khamenei in Tehran. Iran has sought to deflect suspicions that Moscow could use Khayyam to improve its surveillance of military targets in Ukraine. Last week, U.S. daily The Washington Post quoted anonymous Western intelligence officials as saying that Russia "plans to use the satellite for several months or longer" to assist its war efforts before allowing Iran to take control. But the Iranian Space Agency said on Sunday that the Islamic republic would control the Khayyam satellite "from day one." "No third country is able to access the information" sent by the satellite due to its "encrypted algorithm," it said. The purpose of Khayyam is to "monitor the country's borders", enhance agricultural productivity and monitor water … [Read more...] about Russia to launch Iranian satellite amid Ukraine war concerns