20th edition of Vietfish expo opens in HCM City The country’s premier fisheries expo, the Viet Nam Fisheries International Exhibition, returns to HCM City 30 per cent larger than when it debuted in 2008.The event, hosted by the Viet Nam Association of Seafood Exporters and Producers (VASEP), opened on August 22 at the Sai Gon Exhibition and Convention Centre in District 7.In its 20th edition this year, the annual event, with the theme “Asia’s Home of Seafood”, has attracted 233 exhibitors from 14 countries and territories.The organisers said the exhibition this year has been expanded by nearly 200sq.m from last year with 7 per cent more exhibitors.Vietnamese companies are once more showing off their potential as leading fisheries exporters.Some 66 per cent of the exhibitors are domestic, organisers said.Of the participants, 55 per cent are in aquaculture and services while the remaining 45 per cent sell machinery and equipment, chemicals, … [Read more...] about BUSINESS NEWS IN BRIEF 24/8
Travel news
HCM City to host International Travel Expo
Visitors at the 13th International Travel Expo HCM City (ITE HCMC). — VNS Photo Thu HằngViet Nam News HCM CITY — The 14th International Travel Expo HCM City (ITE HCMC) will take place from September 6 – 8 at the Saigon Exhibition and Convention Centre. The annual event is the largest international travel trade event in the Mekong sub-region, featuring services and products for both inbound and outbound markets. Attending the event will be more than 300 companies and brands from Australia, Bhutan, Cambodia, India, Indonesia, Japan, Korea, Laos, Malaysia, Myanmar, the Philippines, Singapore, South Africa, Thailand and Việt Nam, among others. Tourism promotion agencies from 37 cities and provinces will participate in the expo. The three-day event will feature seminars on key tourist markets and other tourism-related topics such as Introducing Exciting Destinations of Việt Nam, Improving the Effectiveness of Tourism Promotion, Việt Nam … [Read more...] about HCM City to host International Travel Expo
Vietnam among world’s most remarkable travel destinations
The Hanoitimes - Men’s Journal has announced its list of most remarkable travel destinations where your dollar goes far. Vietnam has been ranked fourth among the most remarkable travel destinations where your dollar goes far, according to a list released by Men’s Journal, a US monthly men’s lifestyle magazine. Vietnam. Photo: Getty Images Men’s Journal has some words of advice for travelers that a week in any Hanoi or Ho Chi Minh City luxe hotel will cost you the same a night in any western capital. And those are the costlier parts, you can cruise along on your motorbike rentals or visit the stunning rice paddies for next to pennies, in addition to eating some of the best, most flavorful food in the world. A night in a five-star Ha Long Bay hotel is less than US$100, as is a stay on the white-sand, palm-dotted island of Phu Quoc. Hungary tops the list, followed by Morocco, Berlin (Germany), Vietnam, South Africa, Colombia, Turkey, Mexico. Earlier, … [Read more...] about Vietnam among world’s most remarkable travel destinations
BUSINESS NEWS IN BRIEF 23/8
Vietnam fisheries int’l exhibition opens in HCM City Visitors to the Vietnam Fisheries International Exhibition (Vietfish) 2018 The Vietnam Fisheries International Exhibition (Vietfish) 2018 kicked off at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on August 22. The event attracts 233 exhibitors from 14 countries and territories, including 153 of Vietnam, showcasing aquatic products in 374 booths. The numbers of both exhibitors and booths increase by 6.8 percent and 3.6 percent, respectively, from last year. Vietfish 2018, lasting through August 24, also features many workshops discussing the market situation, production trends and other hot topics in the fisheries sector at present. Ngo Van Ich, Chairman of the Vietnam Association of Seafood Exporters and Producers, said over the last 20 years, Vietfish has established itself as a leading and influential fisheries exhibition in Asia as seen in the surge of exhibitors, booths and visitors. He noted … [Read more...] about BUSINESS NEWS IN BRIEF 23/8
BUSINESS NEWS IN BRIEF 22/8
Mekong Capital divests from Asia ChemicalsMekong Enterprise Fund II, a unit of Mekong Capital, has completely divested from Asia Chemicals Corporation (ACC) and taken in US$8.9 million, a 2.6-fold increase over its initial investment, after a seven-year holding period.According to a press release issued by Mekong Capital on August 10, in 2011, MEF II invested US$3.8 million in ACC, which was its 10th investment, after others in Mobile World Investment Group (The Gioi Di Dong), Golden Gate, Vietnam Australia International School and International Consumer Products.However, MEF II has now divested from all of its 10 earlier investments. The divestments have helped the fund generate a gross return multiple of 4.5 and a gross internal rate of return of 22.5%.Early this year, MEF II sold five million shares at Mobile World, generating a gross return multiple of 56.9 and an IRR of 61.1%, making it one of the most successful investments in Asia.Also, the fund’s full exit from Vietnam … [Read more...] about BUSINESS NEWS IN BRIEF 22/8