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“I’ve spent a number of years in Vietnam previously, having managed hotels in Phu Quoc and Ho Chi Minh City, and fell in love with the charm of this dynamic and developing country,” he explained. “My experience working closely with the local team to oversee multiple hotel departments, implement new brand standards, and develop and monitor growth strategies will take Fusion Suites Da Nang to a new level. I enjoy rolling up my sleeves and getting stuck in!” … [Read more...] about BUSINESS NEWS OCTOBER 11

At the event, the FTU, the Centre for Data Science and Service Research - Graduate School of Economics and Management of Tohoku University (Japan), the Faculty of Economics and Business Management of National University of Laos, and the Climate Change Research Centre at the Viet Nam Institute of Meteorology, Hydrology and Climate Change signed an agreement on furthering co-operation in research and education on climate change and economic development. They also launched a network to expand joint research and education on climate change. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

To such end, the sector will build and popularise Ha Nam tourism trademark, work with the Vietnam National Administration of Tourism and the Vietnam Tourism Association to join tourism fairs in traditional markets such as Japan, China, the Republic of Korea, and in new markets like Russia, Germany, UK, Canada and India, and welcome famtrip groups to the province./. … [Read more...] about BUSINESS NEWS OCTOBER 12

Reducing dollarization, and the speculation and hoarding of foreign currencies helps the financial market work effectively. More importantly, the reduction in dollarization will ensure currency security for the Vietnam economy. “This is the government strategy to develop the banking sector by 2025 and 2030. Vietnam needs to stop lending in foreign currencies, for the short term in the immediate time, and then for medium and long term. There is a detailed roadmap for the implementation of the strategy,” said Dao Minh Tu, Deputy Governor of the State Bank. … [Read more...] about Vietnam central bank fighting against dollarization

In terms of sales performance, more than 4,800 units were sold during Q3, down by 32 per cent q-o-q. Although there was a decrease in the number of sold units in this quarter, the ratio of sold units to newly launched was on par with previous quarters showing stable market conditions. … [Read more...] about Vietnam real estate still an attractive prospect

GDC reported that by the end of August, Vietnam had spent $2.136 billion, or VND50 trillion to import 95,929 cars of different kinds, of which imports from Thailand accounted for 50 percent. At least 56,792 products were imported from the country, worth $1.1 billion. … [Read more...] about Thai autos flooding Vietnamese market