Nation Aiming high or complacency? The Saigon Times Daily Monday, Jun 19, 2017,21:30 (GMT+7) Aiming high or complacency?The Saigon Times Daily Tourism has lately been touted as one of the country’s economic spearheads, given the strong growth of over 20% in both international arrivals and revenues. Recognizing the country’s strengths so as to have proper measures to make the most of such strengths is a right thing to do, and that approach requires concerted efforts from all relevant agencies to bring those potentials into play. However, relying on the phenomenal growth in a certain period to project ambitious goals without proper steps to overcome the fundamental weaknesses might be a trap leading to complacency, which itself hinders development. Minister of Culture, Sports and Tourism Nguyen Ngoc Thien, when answering the National Assembly last week, said Vietnam can still catch up with Thailand in the next 15 years, if … [Read more...] about Aiming high or complacency?
Aim high lansing
New urban area aims high (19-09-2008) HCM City's Thu Thiem sets a minimum of $5 billion for new investment projects. Workers enlarge a road leading to Thu Thiem Tunnel. Authorities approved a proposal by Thu Thiem new urban area management that only projects worth a minimum of US$5 billion be considered for licensing. — VNA/VNS Photo Thanh Phan HCM CITY — The HCM City government has approved a proposal by the Thu Thiem new urban area management that only projects worth a minimum of US$5 billion be considered for licensing. The aim of this focus on large scale foreign investment projects of this magnitude was to develop the area into an industrialised and modernised township, said Le Hoang Quan, Chairman of the city's People's Committee. Quan said the Thu Thiem new urban area needs big investment capital for projects involving complexes with observation towers, commercial centres and high rise apartment buildings, big hotels and tourist facilities. City's officials … [Read more...] about New urban area aims high
Phuong My aims high with luxury brand Kieu Giang By Kieu Giang in HCMC Award-winning fashion designer Tran Phuong My, 25, has come back to Vietnam to launch the flagship store of her high-fashion brand Phuong My in Le Thanh Ton in District 1. To local people My, who graduated from Academy of Art University in San Francisco, is still a young designer who participated in a fashion show in Vietnam in 2011. However, My is a big name in the U.S. and won Discarded to Divine Project and Are You Runway Ready contests in 2010. She also joined in the New York Fashion Week in 2011.Coming back to Vietnam last year, My was a stylist/producer for Elle and Harper Bazaar magazines but wants to instill her own brand of high-fashion in Saigon. “I believe it’s time to change local people’s mind on high-fashion. There’s no need to wear Channel to show your level. You can wear a piece by a local designer at reasonable prices with international standards for its style, … [Read more...] about Phuong My aims high with luxury brand
City aims high for new year By Van Nam - The Saigon Times Daily HCMC - The HCMC government pledged on Monday to bolster investment to accelerate 2010 growth to 10%, having achieved a gross domestic product growth rate of over 8% this year, said the city's chairman. To realize the high goal, Quan asked relevant departments to improve governance so as to make the investment environment more attractive and enhance business efficiency. At the conference on the socio-economic development plan for the year, the chairman also mentioned other major targets for the city's economy next year. These include export growth of 12.7%, inflation below 7%, while the city's budget revenue is estimated to increase by 15% to over VND144 trillion. Other targets include the generation of 120,000 new jobs, reduction of poor households to 7.2% and unemployment below 5.1%. To achieve the targets, the city must create a good environment to attract investors, develop production, business and services sectors, … [Read more...] about City aims high for new year
Saigontourist still aims high for 2009 By Dao Loan - The Saigon Times Daily HCMC - The leading hospitality player Saigontourist Holding Company has set ambitious targets for 2009 with a double-digit growth despite great hardships for the global and local economy. Under its business plan just unveiled last week, the company targeted a revenue of VND8.52 trillion (nearly US$500 million), up 14.4% compared to this year. The company aims for around 1.65 million local and foreign guests, up by about 130,000 guests over this year despite all forecasts of falling arrival for the local industry as a whole. Saigontourist's general director Nguyen Huu Tho told a meeting here last week that it would be difficult for his company to realize the high targets in the face of economic slowdown but Saigontourist was still confident on such goals. "It will be more difficult for 2009, but since this August we've discussed difficulties now that travelers are to cut down their spending. However, we've … [Read more...] about Saigontourist still aims high for 2009