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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

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

According to Trinh Quoc Vu, deputy head of Energy Saving under the Ministry of Natural Resources and Environment, with some 6,000 factories employing more than 3 million people, the industry is both economically and socially important for the country. However, the sector has an adverse environmental impact. Intensive water extraction, use and discharge of wastewater and high energy consumption for water heating and steam generation are all environmental concerns. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

Politburo member, Prime Minister Nguyen Xuan Phuc, on behalf of the Political Bureau, presented the Political Bureau’s acquirement and explanation report on ideas discussed by the Party Central Committee on the draft report summarising the implementation of the socio-economic strategy in the 2011-2020 period and the building of a socio-economic development strategy for the 2021-2030 period; the draft report on the socio-economic situation in the 2016-2020 period and the socio-economic development plan for the 2021-2025 period. … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13

Speaking at a press briefing yesterday, Huỳnh Văn Hùng, chief of HCM City Statistics Office, said: “This indicator has gradually improved over the last 10 years, from 0.9 per 10,000 in 2009 to only 0.2 per 10,000 this year. The proportion of families having housing is 99.8 per cent. The average housing area per capita this year is 19.4 square metres per person.” … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13

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