Tourism investment fund

The Mekong Delta is one of the best-known regions of Vietnam, globally recognized for its agriculture, tourism, and diverse cultures. The area is an ideal destination for ecotourism, resort tourism, and exploration tourism. Though much progress has been made in its development, this has fallen well short of potential. “At its best, the Mekong can be a tourism gem for Vietnam, measured alongside some of the world’s great river-based tourism destinations such as the Nile Delta in Egypt, which creates millions of jobs for the economy and provides funding to preserve natural and cultural heritages,” Mr. Christopher Lewis Malone, Global Head of Economic Development at BCG, told the signing ceremony. “On the other hand, if not managed correctly, the Mekong Delta could quickly become a security issue for Vietnam due to environmental degradation and loss of livelihoods in local communities. The time has come for an immediate intervention that sets the Delta on a new … [Read more...] about Novaland & BCG to develop Mekong Delta tourism

Finally, as the standard of living is improving around Vietnam, the need for consumer durable loans and two-wheeler loans issued at the point-of-sale (POS) continues to grow steadily. FE CREDIT’s total loans at POS make up 9 per cent of the total loan book and grew nearly 10 per cent vs. the first quarter. It has captured the increase in market demand by boosting strategic partnerships with leading retailers who make up the bulk of the home appliances and two-wheeler sales in Vietnam. … [Read more...] about BUSINESS NEWS OCTOBER 11

The Vietnam Association of Seafood Exporters and Producers (VASEP) said the US and Europe have the largest demands for tuna. A survey by US-based firm Tri Marine, which is now owned by Italy’s Bolton Group showed that canned tuna, which is a key export item of Vietnam, is favoured over other tuna products in the US market. … [Read more...] about BUSINESS NEWS OCTOBER 12

Experts said that SEEA is a framework that integrates economic and environmental data to provide a more comprehensive and multi-purpose view of the interrelationships between the economy and the environment, and the stocks and changes in stocks of environmental assets. SEEA provides criteria to build physical data on the environment, and link it with the monetary data in the System of National Account (SNA). … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

Vice Minister Bui The Duy from the Ministry of Science and Technology commented: ‘The innovation partnership between Australia and Vietnam has proven to be an effective mechanism for the two countries to share best practice and models to enhance the innovation systems in both countries. We hope grants provided under the Aus4Innovation program will set examples of how innovation – particularly when it can jointly developed and implemented – can transform our society and deliver economic, social and environmental sustainability.’ … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13