Vietnam’s agricultural sector records progress Over the past years, Vietnam’s agricultural sector has reaped marked achievements, helping ensure national food security. Vietnamese staples such as coffee, rice, rubber, cashew nuts, pepper, fruit, seafood, wood and timber products have gained firm foothold in the global market. Statistics show that the sector’s gross domestic product (GDP) grows about 2.5 percent while its production value expands by 2.73 percent each year. During the 2013-2017 period, the sector’s total export turnover reached 153 billion USD, with 36.2 billion USD earned in 2017. Seven out of the 10 major products saw export turnover exceeding 1 billion USD. To create impressive changes in agricultural production, the Vietnam Farmers’ Union (VFU) has signed a cooperation programme with the Ministry of Science and Technology, under which the two sides join hands in implementing scientific and technological tasks … [Read more...] about BUSINESS NEWS IN BRIEF 12/12
Travel news
BUSINESS NEWS IN BRIEF 10/12
Fayfay.com announces strategic partnership with Ho Chi Minh City tourism Hong Kong-based Fayfay.com on December 6 announced that it signed a Memorandum of Understanding (MoU) with the Ho Chi Minh City Tourism Promotion Centre to promote tourism in Vietnam, with a special focus on the city. The MoU was signed by Tran Ngoc Dong Quan, deputy director of the Ho Chi Minh City Tourism Promotion Centre, along with Kingston Lai and Kelvin Wu, the co-founders of Fayfay.com, at Bep Nha Luc Tinh Restaurant in Ho Chi Minh City, in the presence of industry experts and members of the media. “Ho Chi Minh City is an important destination on Fayfay.com and we look forward to partnering with the Ho Chi Minh City Tourism Promotion Centre to showcase the city’s vibrant architecture, rich culinary scene, and authentic local experiences,” said Lai. “We believe strategic joint promotional activities with the Tourism Promotion Centre will enable us to leverage our online platform and … [Read more...] about BUSINESS NEWS IN BRIEF 10/12
BUSINESS NEWS IN BRIEF 9/12
Online Friday kicks off with 5,000 promotional products Online Friday 2018 officially kicked off on December 7, with 5,000 products at promotional prices of 0 VND or with prices reduced by 80 to 90 percent, according to event organiser the Vietnam E-commerce and Digital Economy Agency (IDEA) under the Ministry of Industry and Trade. Around 3,000 businesses registered to join the programme. Around 120,000 buyers can access the website onlinefriday.vn or the Online Friday app at the same time. Many big brands participate such as Samsung, Jetstar, Vinamilk, Lazada, Shopee, Tiki, Lotte, Adayroi, The gioi di dong (Mobile World), Yes24, FPTshop and ViettelStore. Delivery businesses such as VnPost, Nijavan, Lalamove and Snailship would support firms by reducing delivery costs for the event. Twenty banks will join in cash-back programmes to help customers use card payments. To ensure product and service quality, the organiser told firms to provide certificates of origin. The organiser … [Read more...] about BUSINESS NEWS IN BRIEF 9/12
Hanoi named among top destinations for ‘every type of traveler’
The US magazine said a trip to the Vietnamese capital is the right choice for romantic people and those who are looking for love. "Navigate the hectic, crowded streets of the Old Quarter, dodge motorcycles that zip down the roads and sample street food at the Hang Dao Night Market for the perfect opportunity to bond with a loved one." Tourists enjoying beer on a busy Hanoi street full of bars. Photo by Shutterstock/Michal Stipek. "Walk hand in hand around Hoan Kiem Lake, go on a boat tour of Ha Long Bay or watch the sunset over West Lake. Southeast Asia can be a challenging destination for first-time visitors, noting Hanoi’s madcap nature." Hoan Kiem Lake or Sword Lake in the heart of Hanoi is one of the city's symbols. Photo by VnExpress/Quynh Trang Other destinations on the list include Sydney (Australia), Reykjavik (Iceland), Northern Croatia, Galway (Ireland), Naples (Italy). In the ten months of 2018, Hanoi … [Read more...] about Hanoi named among top destinations for ‘every type of traveler’
Deals worth US$2 billion to be signed at Việt Nam Travel Tourism Summit
The Việt Nam Travel & Tourism Summit will be held on December 5-6 to promote national tourism and seek opportunities to co-operate with foreign partners. — Photo toquoc.vnViet Nam News HÀ NỘI — Contracts worth US$2 billion will be signed between Vietnamese and international partners during the first Việt Nam Travel & Tourism Summit. The event will take place at the Intercontinental Landmark72 Hotel in Hà Nội from December 5-6 in the framework of the Việt Nam Economic Forum (ViEF) 2018. It is expected to attracts 1,500 guests including managers, business operators, billionaires and experts. The summit is being hosted by the Private Sector Development Committee (PSD), the Ministry of Culture, Sports and Tourism (MCST), the Việt Nam Tourism Advisory Board (TAB), and VnExpress newspaper. Prime Minister Nguyễn Xuân Phúc will moderate the sessions and witness the signing ceremonies between … [Read more...] about Deals worth US$2 billion to be signed at Việt Nam Travel Tourism Summit