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Lotte Hotel in Hanoi was voted the best hotel in Vietnam, according to the annual 2022 ranking compiled by the U.S. online booking site Tripadvisor, based on millions of reviews and opinions collected. Situated on the upper part of a 65-floor building in the downtown area near Hanoi's iconic tourist destinations, the hotel has 235 standard rooms and 83 suites with each offering a panoramic view of the capital. It also has a fitness center, outdoor swimming pool, basketball court, kids play center, and 24-hour gym service. The lowest price for a night's stay is VND2.23 million ($96.45). Vinpearl Discovery Ha Tinh in Loc Ha District of north-central Ha Tinh Province came second in the list. This upscale resort along Xuan Hai Beach is 19 kilometers from Huong Tich Pagoda, a vast mountainside temple complex and popular spiritual site. It has 42 well-equipped rooms featuring private pools and offering views of long, … [Read more...] about Top 10 Vietnam hotels selected by Tripadvisor

Deputy Prime Minister Phạm Bình Minh delivers a speech at the 27th International Conference on the Future of Asia in Tokyo on Thursday. — VNA/VNS Photo Đào Thanh Tùng TOKYO — Deputy Prime Minister Phạm Bình Minh proposed that Asia strengthen its responsibility in keeping and creating a peaceful and sustainable environment for development and prosperity in the region and the world. This should be based on cooperation, understanding, trust, and responsibility, he said, while delivering a speech at the 27th International Conference on the Future of Asia (FOA 2022) in Tokyo on Thursday. He said, entering the third decade of the 21st century, the Asian region is witnessing profound historical changes, with both opportunities and challenges that have long-term impacts on future generations. As the region and the world are focusing resources to handle urgent unprecedented issues, first and foremost, countries need to make responsible contributions, show mutual respect, and equally … [Read more...] about Việt Nam calls for Asia to create peaceful, sustainable environment for world prosperity

Vietnam ICT Summit 2017 is the platform for administrative agencies and IT enterprise community to discuss solutions and strategies with the objective of taking Vietnam to join the industrial revolution 4.0. On September 6, the first theme in the Vietnam ICT Summit 2017 of “Vietnam: Digital Transformation in Industry 4.0” has been discussed. In particular, the Deputy Prime Minister Vu Duc Dam has given the opening speech at the summit. As such, the Deputy Prime Minister stressed, industrial revolution is more and more influencing various aspects of socio-economic in the world, as well as in Vietnam. This is not only an opportunity for Vietnam to transform, but also poses a potential threat to the country. The Deputy Prime Minister Vu Duc Dam gave a speech at the summit. According to the Deputy Prime Minister, in 2017, the global innovation index (GII) of Vietnam has increased 12 places to the 47th rank, thanks to the significant contribution from IT … [Read more...] about Industrial revolution 4.0: Human resources are key

Petrol retail prices in the country have been adjusted many times over the past few months, Photo: Le Toan In Vietnam, gasoline prices continue to increase, and after the adjustment on May 11 by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance, each litre of E5 RON92 petrol increased by 6.5 US cents to $1.26 per litre while RON95 climbed by 6.7 US cents to $1.30 per litre. On May 17, the price of US WTI crude oil remained at a high level of over $114 per barrel while Brent oil maintained its upward momentum at $114.28 per barrel. Before the next adjustment, which was due on May 21, petrol prices in Vietnam were forecast to continue to increase to higher levels. The ministries first adjusted gasoline prices on January 11 due to a decrease in global supply, production output by Kazakhstan and Libya, and oil inventories of the United States. According to Decree No.95/2021/ND-CP, effective from January, there will be three adjustments each month to the … [Read more...] about Vietnam riding the wave of inflationary unpredictability

The Hanoi government will improve mechanisms and policies to encourage the participation of the private sector in the field of high-tech agriculture. Hanoi needs to remove two barriers of capital and land to attract businesses to invest in high-tech agriculture, according to local media. Applying high-tech in agriculture is inevitable for the capital city’s farming sector, especially in face of the Industrial Revolution 4.0 which has strong impacts on socio-economic life. In order to remove the agricultural development hindrance, the Hanoi government has implemented a number of solutions such as providing businesses, cooperatives, cooperative groups, farms, and households with money from the city's funds for processing and conservation of high-tech agricultural products. Tending hydroponic vegetables at Duc Phat High-tech Agricultural Cooperative (Thanh Tri district). Photo: Ba Hoat In particular, under the Hanoi Agricultural Sector’s restructuring plan … [Read more...] about Hanoi needs to remove barriers to develop high-tech agriculture

Many retailers in phone and electronics segments focus on developing online channels to survive during the coronavirus pandemic period. To survive adverse effects of the coronavirus pandemic, many Vietnamese tech retailers have quickly boosted their sales on online platforms as their physical stores nationwide have to close until April 15 to comply with the prime ministerial directive stipulating measures to combat the pandemic. Photo: MWG Significant demand on tech products Mobile World Investment JSC (MWG), the largest tech retailer in Vietnam, saw a surge in demand in online shopping since the beginning of April as more than 10% of its 2,000 phone and electronics stores, mainly in Hanoi, have to close. Dang Thanh Phong, PR manager of MWG, told Hanoitimes that its revenue from online sales accounted for 13% of the total phone and electronics revenue in March, higher than that of the previous months. Due to the closure of its stores, sales in … [Read more...] about Vietnamese tech retailers manage to survive Covid-19 pandemic

The regional framework should be in line with international laws and ASEAN Centrality. Vietnam has highlighted the role of international economic initiatives when talking about the Indo-Pacific Economic Framework (IPEF) which was launched by the US three days ago. “Vietnam has joined a number of international economic initiatives that help make the most of domestic and foreign resources, serving the country’s development,” Spokesperson Le Thi Thu Hang of the Ministry of Foreign Affairs (MoFA) said today. Hang made the statement at the press conference on May 26 when talking about Vietnam’s participation in the launch of IPEF through a speech delivered by Prime Minister Pham Minh Chinh. Chinh said the launch of IPEF will kickstart a serious discussion in exchange of ideas towards addressing critical regional and global issues together, issues that no one can address on their own like ones on a global scope – supply chains diversification and resilience, technological … [Read more...] about IPEF should treasure openness, inclusiveness and transparency: foreign ministry

The recipients were selected from Vietnamese government officials, non-governmental organizations (NGOs), academic institutions, and private sectors. They will gain a world-class education and advance their knowledge and skills across a range of areas, including natural resource management, entrepreneurship, gender equality, disability inclusion and vocational education management. This year, the Australian Government has provided 10 more scholarships within the framework of the Mekong-Australia Partnership – a regional initiative by Australia to support Mekong countries with common challenges. The recipients will be educated on necessary skills to help Vietnam deal with emerging regional challenges. According to Australian Ambassador to Vietnam Robyn Mudie, the 55 Australia Awards Scholarship recipients will contribute to strengthening the Australia-Vietnam partnership and addressing regional and national challenges in the future. For the Vietnamese part, Dr. Nguyen Tien Dung, … [Read more...] about 55 Australia Awards Scholarship recipients ready to study in Australia

Vietnam Airlines Group said it plans to provide 32,400 domestic flights between June and August during the peak summer travel season, up 10 percent against the same period in 2019, the year before the onset of the Covid-19 pandemic. There would be 160 daily flights connecting Vietnam’s three biggest cities Hanoi, Ho Chi Minh City and Da Nang. It will also operate over 3,600 international flights during the period, 40 percent of pre-pandemic time. Vietravel Airlines said it will increase the frequency of flights from Hanoi to HCMC and Da Nang by two a day from June. Air tickets for domestic routes between June and August are nearly fully booked. The carrier also plans to launch charter flights from HCMC to Jakarta and Can Tho to Bangkok, but the schedule has not been determined. A representative of Vietravel Airlines, which was launched in December 2020 amid the turbulence created by the pandemic, said the carrier is facing many difficulties like personnel and aircraft … [Read more...] about Carriers add flights to summer holiday roster

Real estate bonds shackled by rules - illustration photo At last week’s conference on corporate bonds held by the Vietnam Chamber of Commerce and Industry, experts discussed ways to develop an efficient and sustainable corporate bond market. One of the common recommendations regarded appropriate approaches to credit ratings. According to Can Van Luc, BIDV’s chief economist, there should be clear regulations on credit ratings to help investors easily determine business quality and the risk level of the issued bonds. “It is necessary to identify where a credit rating is mandatory and where a credit rating is encouraged. High-risk businesses should go through compulsory credit rating before bond issuance,” Luc said. “On the other hand, for businesses that have been audited and internationally rated with a long-standing history, a credit rating might not be necessary.” In recent years, the State Bank of Vietnam (SBV) has steadily redirected loan flows towards industry, services … [Read more...] about Real estate bonds shackled by rules