Vietnam tourism industry

Fans won’t be permitted to attend the World Cup qualifier between Vietnam and Japan in Hanoi. The match in the third round of the World Cup 2022 qualifiers is scheduled to take place at My Dinh National Stadium on November 11. My Dinh National Stadium The Ministry of Culture, Sports and Tourism and Vietnam Football Federation along with other agencies held a meeting on preparations for the match this morning, October 20. According to an official from the ministry, Hanoi People’s Committee has turned down the department’s proposal on allowing supporters into My Dinh National Stadium for the Vietnam and Japan clash. Earlier, the ministry had recommended a fifty percent limit on My Dinh Stadium’s full capacity of 40,000 seats. Besides, spectators have to ensure the distancing at the stadium and other Covid-19 prevention regulations. The National Sports Complex including the My Dinh National Stadium is embarking on renovations for the forthcoming Vietnam-Japan and …

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Illustrative image (Source: VNA) Hanoi (VNA) – While Vietnam is not out of the woods yet, it has enough pull factors to encourage investors to continue their business operations and even move their manufacturing operations to the country, according to Vietnam Briefing. Economic activities gradually resuming The news site noted that Vietnam has announced a phased plan to reopen the economy ensuring pandemic prevention in line with health authorities. It reported that approximately two-thirds of industries in Ho Chi Minh City have reopened. The number of businesses in export processing zones and industrial parks in Ho Chi Minh City resuming operations has reached approximately 66 percent while at HCM City’s Saigon Hi-Tech park the rate is 74 percent. Intel and Samsung are targeting to resume full operations of their factories in HCM City by the end of November, which may ease some disruption to supply chains. Domestic flights are gradually resuming along with …

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Total investment capital for railway development until 2030 is estimated at VND230 trillion (US$10.5 billion). Hanoi and  Ho Chi Minh City are projected to be the main transit hubs in Vietnam’s railway planning for the 2021-2030 period, which targets to build nine new railway routes with a total length of 2,362 kilometers. The country would have a network of 25 railway routes with a length of 6,354 kilometers by 2050. Photo: Tran Dung The plan was signed off by Deputy Prime Minister Le Van Thanh in decision No.1769/QD-TTg on October 19, with a view to upgrading existing railway tracks and ensuring smooth connection with international rail transport routes for total investment capital of VND240 trillion ($10.5 billion). The planning also expects to ensure greater efficient capital mobilization for the construction of new railway routes, including the North-South express railway, routes connecting international seaports, airports, and major cities. By 2030, …

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At the meeting (Photo: VNA) Thai Binh (VNA) – A delegation of Samsung Vietnam met authorities of the northern province of Thai Binh on October 19 as part of its trip to study the local business climate. At the function, Secretary of the provincial Party Committee Ngo Dong Hai hoped that the province will soon be named in the company’s potential investment destination and be part of the Samsung global goals programme for 2021. Hai affirmed that Thai Binh creates bests conditions possible for all investors to operate stably and sustainably. Choi Joo Ho , General Director of Samsung Vietnam , said the province is a safe-COVID-19 area and has abundant labour sources and favorable investment attraction policies. For these advantages, many investors will come to Thai Binh, he noted, promising to introduce investors with demand to the province. On the same day, the delegation toured the Cau Nghin and Lien Ha Thai industrial parks in the Thai Binh Economic Zone, …

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The ticking time bomb of Evergrande has been making headlines for many days. The world's most indebted real estate group is saddled with more than $305 billion in debt and has issued repeated warnings that it could default. Currently, Evergrande's stock and bond prices are falling sharply, declining 90 per cent from their peak in 2020. Shareholders and 70,000 investors stand to lose almost everything as the Chinese government signalled intention to let Evergrande handle matters on its own under market mechanisms. According to CNBC , the Evergrande is threatening to push over real estate companies like a line of dominoes stretching across China while the international press is making a list of other large enterprises whose hefty debts could catch up with them after property sales and debt credit decline. The cooling of the housing market could pose a serious risk to the Chinese economy, as the real estate industry contributes nearly 30 per cent of its GDP and is one of the …

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Steel production at JFE Shoji Steel Hai Phong Co., Ltd in Hai Phong's Vietnam-Singapore Industrial Park (VSIP). (Photo: VNA) Hanoi (VNA) – Vietnam exported more than 5.7 million tonnes of steel products in the first nine months of 2021, a whopping 78.1 percent increase the same period last year, according to the Vietnam Steel Association (VSA). The country produced over 24.8 million tonnes of steel during the period, nearly 22 million tonnes of which were sold, up 34.1 percent and 32.5 percent, respectively, year on year. In the third quarter alone, steel output reached nearly 7.16 million tonnes, up 4 percent year on year, while steel sales slid 7 percent to over 6.2 million tonnes, as a result of social distancing measures imposed to stamp out the spread of COVID-19 in many major industrial cities and provinces. The VSA reported that though Vietnam’s nine-month steel imports edged up just 1 percent in volume, to 14.9 million tonnes, the value surged 44 percent to 11 …

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Vietnam received only 0.5 percent of travelers from Spain in 2019, although the number of visitors has increased in recent years. Aurora Travel is one of the Vietnamese travel firms pioneering to exploit the Spanish market. Its head of sales division in charge of Spanish market Le Thu Phuong said she has been witnessing considerable developments in the market, from the days when there were only small groups of 15-20 travelers to the current days when the firm served groups of 60-100 Spanish travelers. Vietnam is also the choice of many MICE (Meetings, incentives, conferences & exhibitions) groups from the country. However, Nguyen Quang Vinh from the Institute For Tourism Development Research said that the number of Spanish travelers to Vietnam is modest if noting that Spanish people have high spending level, have long stays, and travel a lot. In 2013, Vietnam received 33,183 Spanish travelers, while the figure rose to 83,600 in 2019, which meant a growth rate of 17 …

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“In Her Voice” webinar aims at raising the call among men on providing women filmmakers’ specific needs to create networks and opportunities for them. Difficulties of female filmmakers in their journey to international film festivals and access to cinema support funds were high on the agenda of a webinar entitled “In Her Voice” held in Hanoi on Oct 19. The renowned Vietnamese couple of directors Thanh Van and Nhue Giang. Photo courtesy of UNESCO Office in Vietnam The webinar, attended by Vietnamese and international speakers, was jointly organized the United Nations Educational, Scientific and Cultural Organization (UNESCO), the Embassy of Canada to Vietnam, and the Embassy of Switzerland in Vietnam on the occasion of the Vietnamese Women’s Day, which falls on Oct 20. It is part of the “E-MOTIONS” project - Mobilizing film professionals for regional cooperation- conducted by UNESCO and its partners, with the support from the Japanese Funds-in-Trusts. It …

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A Vietnamese designer showcased his newest collection at the New York Fashion Week (NYFW), one of the ‘Big Four’ fashion weeks in the world, on February 11 (EST), becoming the first haute couturier of his country to have such an honor. Nguyen Cong Tri impressed the world with his fall/winter haute couture collection named “Cuoc dao choi cua nhung vi sao,” literally translated as "The walk of the stars," for which he worked with one of the most renowned stylists of New York. The 15-minute show consisted of 42 ball gown dresses most suitable for red-carpet events, a common theme for many designers at NYFW. Having cooperated with Kate Young, one of the ten most powerful stylists of Hollywood, the haute couture dresses designed by Tri all boast modern and trendy looks that many global celebrities are currently searching for. “For me, women are like shining stars in someone else’s heart,” the Vietnamese designer said of the source of inspiration for his newest collection. “I …

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Illustrative image (Source: VNA) Can Tho (VNA) – The COVID-19 pandemic has forced up to 7,941 enterprises in the Mekong Delta to suspend their operations or register for dissolution in the first nine months of this year. According to the Can Tho branch of the Vietnam Chamber of Commerce and Industry (VCCI), a total of 6,109 firms were established in the region from January to September, equivalent to only 34 percent of the number recorded in the same period last year. Six out of 13 Mekong Delta localities experienced decreases in the number of newly-established firms, namely Hau Giang, Tien Giang, An Giang, Soc Trang, Ben Tre and Vinh Long. Nguyen Phuong Lam, Director of VCCI Can Tho, said the region’s monthly export turnover stood at around 1 billion USD in August and September, the lowest so far this year. However, thanks to good performance in the previous months, most of the localities saw increases in export value for the nine-month period, with the highest …

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