The 2020 F1 race, to be organized for the first time in Vietnam this April, will be the highlight of the tourism promotion campaign amid the coronavirus outbreak. “They repeatedly contact us and ask if F1 is canceled because of Covid-19,” a senior executive of a travel firm said. … [Read more...] about F1 race part of new ‘Vietnam is still safe’ tourism campaign
Vietnam 10 day tour
Hanoi (VNA) - The State Bank of Vietnam set the daily reference exchange rate at 23,224 VND per USD on February 28, down 10 VND from the previous day. With the current trading band of +/-3 percent, the ceiling rate applied to commercial banks during the day is 23,920 VND/USD and the floor rate 22,527 VND/USD. The opening hour rates at most commercial banks saw slight reductions. At 8:15 am, Vietcombank listed the buying rate at 23,140 VND/USD and the selling rate at 23,310 VND/USD, both down 5 VND from the same time on February 27. BIDV kept both rates unchanged, with the buying rate listed at 23,170 VND/USD and the selling rate at 23,310 VND/USD. Techcombank reduced both rates by 2 VND, listing the buying rate at 23,149 VND/USD and the selling rate at 23,309 VND/USD. During the week from February 24-28, the daily reference exchange rate was revised up on the first two days and down on the last three days. It ended the week down 19 VND from Monday. The rates listed at … [Read more...] about Reference exchange rate down 10 VND on February 28
Most-favored-nation treatment (MFN) is the basic principle in WTO’s international trade, whereby a member country must be given the same treatment as all other WTO members, regardless of developed countries or developing countries. However, he affirmed that the change won’t have impact on Vietnam in reality. … [Read more...] about What if the US no longer considers Vietnam a ‘developing country’?
ProPak Vietnam 2018 makes a timely return to serve burgeoning markets Propak Vietnam 2018 is the ideal business platform for Vietnamese food, drink, and pharmaceutical manufacturers and suppliers to upgrade technological capabilities, enhance competitiveness in the market, and stay abreast of industry trends. … [Read more...] about ProPak Vietnam 2018 returns next week
The government’s forecast that GDP growth could fall to 5.96 percent this year is too optimistic, and if it does not take measures to offset the drag on the economy caused by the outbreak, it could fall to 5.52 percent, Michael Kokalari, VinaCapital’s chief economist, said. … [Read more...] about Vietnam coronavirus impact to be worse than expected