Investment tourism destination

According to Deputy Minister of Planning and Investment, Vu Dai Thang, in recent years, Vietnam-Japan relations have been constantly developing. Japan is the largest official development assistance (ODA) provider for Vietnam, its second largest foreign investor, third largest travel partner and its fourth largest trade partner. … [Read more...] about Japanese enterprises encouraged to make long-term investment in Vietnam

Danang People's Committee have issued a plan to develop river tourism during the 2019-2021 period. They called for investments into ports, wharves and boats at tourism destinations. At first, they will upgrade Han River Port and Thu Thanh River Port. The city authorities will temporarily let businesses open services like picnics and call for investments to build new tour boats that can cruise overnight in Danang Bay. Son Tra Peninsula will invest in coral reef diving, and tours to traditional villages where tourists can shop and enjoy local food. Dao Dang Cong Trung, director of Danang Ocean Tour said this might be a breakthrough to boost the city's tourism sector and local authorities should have firms with administrative procedures to get permits to build boats more quickly. Hoi An is the best in exploiting river tourism in Quang Nam Province. However, Nguyen Van Son, vice chairman of Hoi An People's Committee, said the city's potential was still untapped. Hoi An and My Son … [Read more...] about Local authorities to tap central region’s river tourism potential

The Novaland Group and the Boston Consulting Group (BCG) have signed a major agreement on the “Development of the Mekong Delta’s Tourism Sector for Climate Change Adaptation”, which will deliver an overall strategy to unlock the full potential of the Delta’s 13 cities and provinces and Can Tho city as a tourism hub. … [Read more...] about Novaland & BCG to develop Mekong Delta tourism

Regarding variety of payment methods, only 27 per cent of all transactions are made via non-cash methods such as credit cards or mobile wallets. However, an increasing percentage of customers are showing a preference for these methods. Those who prefer to pay with a credit card is 51 per cent, up from 42 per cent in 2018, those who prefer a mobile app is 19 per cent, up from 11 per cent in 2018, and those who use membership points is 16 per cent, up from 10 per cent in 2018. … [Read more...] about BUSINESS NEWS OCTOBER 11

With regard to the future prospects of the RECP, economists at a recent seminar titled ‘RCEP agreement – Negotiation Updates and Issues Concerned by Businesses’ said that the RCEP can be considered the world’s largest regional trade agreement with its market size being larger than that of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). … [Read more...] about BUSINESS NEWS OCTOBER 12

Speaking at the event, Permanent Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Hoàng Văn Nghiêm asked party committees, administrations, departments and agencies at all levels, especially border districts and communes, to follow the Party Central Committee’s resolutions on national border protection and abide by three legal agreements on the Việt Nam-China mainland border, as well as the Law on National Borders. … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13