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According to the city’s businesses, more Chinese tourist groups will arrive in the city this month and April will be the peak time marking the return of Chinese tourists to Vietnam. On the contrary, the number of Vietnamese tourists booking tours to China will also increase, helping to stimulate demand in the tourism markets of the two countries in the coming time. The forecast is based on the huge tourism demand of Chinese tourists after about three years of disruption due to the COVID-19 pandemic and Vietnam being one of the Chinese tourists’ favorite destinations. In addition, Vietnamese businesses have developed high-quality and oriented products and services for specific tourist segments. Accompanying the business community, the city’s Department of Tourism has just coordinated with the Zhangjiajie city People's Committee in China’s Hunan province and the Vietnam Global International Travel Group Joint Stock Company to organize a tourism promotion conference in Zhangjiajie … [Read more...] about Ho Chi Minh City’s tourism shows positive signs with return of Chinese visitors

Foreign tourists visit Ho Chi Minh City's Post Office. (Photo: VNA) HCM City (VNA) – Travel firms in Ho Chi Minh City have launched tours between Vietnam and China as soon as China decided to include Vietnam in the list of countries to which Chinese group tours can be conducted from March 15. According to the city’s businesses, more Chinese tourist groups will arrive in the city this month and April will be the peak time marking the return of Chinese tourists to Vietnam. On the contrary, the number of Vietnamese tourists booking tours to China will also increase, helping to stimulate demand in the tourism markets of the two countries in the coming time. The forecast is based on the huge tourism demand of Chinese tourists after about three years of disruption due to the COVID-19 pandemic and Vietnam being one of the Chinese tourists’ favourite destinations. In addition, Vietnamese businesses have developed high-quality and oriented products and services for specific tourist … [Read more...] about HCM City’s tourism shows positive signs with return of Chinese visitors

A corner of Vinamilk (VNM) Tay Ninh dairy farm. VNM rose 1.2 per cent on Thursday. — Photo Vinamilk Local shares rose for a third day, buoyed by foreign trading and the positive performance of oil and bank stocks. On the Ho Chi Minh Stock Exchange, the VN-Index rose 0.44 per cent to close Thursday at 1,045.10 points. Market breadth was negative with 179 rising stocks and 195 losing ones. Nearly 431 million shares worth VND7.8 trillion (US$332 million) were traded on HCM City’s bourse. On HOSE, foreign investors were net buyers with a value of approximately VND336 billion. Vinhomes (VHM) was the strongest net bought with a value of VND89 billion. This is also the third session in a row that this real estate code has been purchased the most by foreign investors on HOSE. Hoa Phat Group (HPG) ranked next on the list with VND80 billion. Foreign investors also net bought Vinamilk (VNM) and SSI Securities Inc (SSI) with the value of VND68 billion and VND32 billion, … [Read more...] about Shares rise on foreign buying

An elderly man in Ho Chi Minh City has tirelessly made gratis school uniforms for disadvantaged children in different areas in Vietnam for around twenty years out of love for them. Nguyen Ngoc Giao, a war veteran, has been seen working by his half-a-century-old treadle sewing machine from 8:00 am to 11:00 am, and between a noon rest and 3:00 pm almost every day at his house in the metropolis’ Tan Binh District. Giao has maintained the habit for quite a long time, giving a large number of uniforms to poor students. All started in 1998, when Giao decided to help financially underprivileged children at a class run by his friend in the city’s suburban district of Hoc Mon after seeing them wear ragged clothes. At first he sent them washed hand-me-downs collected from his own family and neighbors but later spent part of his retirement pension and money his children gave him on making clothes for the students himself, using sewing skills he learned from imitating professional … [Read more...] about ​Elderly Vietnamese man spends two decades sewing free uniforms for poor students

The number of Cambodian travelers entering Vietnam is on the high rise, with the primary purpose of these visits quickly shifting from medical tourism to vacation tourism. Vietnam currently welcomes over one million Cambodian tourists each year – a figure which has surged since the end of the COVID-19 pandemic. Still, many local travel firms claim the number of Vietnamese companies offering tourism geared toward Cambodian tourists remains limited. Extended stays According to Pham Ngoc Ha, deputy general director of Saco Travel Company, her firm has been facilitating travel for scores of weekend travelers from the Cambodian provinces which border Tay Ninh Province in southern Vietnam. Popular tourism attractions for these visitors were local pagodas and Ba Den Mountain in Tay Ninh. Prior to the COVID-19 pandemic, many of these tours lasted just one day. Now more and more Cambodian tourists are opting for four-day, three-night tours to Ho Chi Minh City and other major … [Read more...] about Vietnam a major destination for Cambodian tourists

A man was killed after his car exploded in Vietnam’s southern province of Binh Phuoc on Friday morning. The victim was identified as Dang Ngoc Phuong, 50, residing in Binh Thanh District, Ho Chi Minh City. Preliminary information indicated that some local residents living along Nguyen Thi Dinh Street in Tan Phu Ward, Dong Xoai City heard a loud explosion on the street at around 0:10 am They rushed outside and discovered a car was on fire while the driver was found lying immobile in the vehicle. They immediately put out the blaze and attempted to evacuate the driver but failed. Firefighters and rescuers were dispatched to the scene and managed to extinguish the fire in around 10 minutes. The interior of the car was completely destroyed while the driver was found dead inside. Some witnesses said that they saw his car traveling slowly with lowered windows prior to the explosion. The police are investigating the cause of the fatal accident. Like us on Facebook or … [Read more...] about Car explosion kills driver in southern Vietnam

Instead of having to go to many places to seek support, women and children who are victims of violence just need to go to a one-stop model for women and children located at Hung Vuong Hospital in Ho Chi Minh City for medical care, and psychological and legal counselling. Launching ceremony of one-stop model for women and children (Photo: VNA) The model, the first of its kind, made its debut on March 24, and will be piloted from now to 2026. It will perform its functions of receiving, screening, treating, consulting, and providing on-site services to patients who are women and children subject to violence and sexual abuse. If an emergency shelter is needed, social workers of Hung Vuong Hospital will refer victims to the City Centre for Social Work - Education and Vocational Training for Youth, located at 14 Nguyen Van Bao street, Ward 4, Go Vap district, for care and nurture, therapeutic intervention and access to other essential services on demand. Le … [Read more...] about HCM City launches first one-stop model for women, children

Property arm Lotte Land last month said it would cease plans for the Lotte Eco Logis Dong Nai, which was granted an investment certificate only in November 2022. illustration photo/source baodautu.vn In a document dated March 2, Dong Nai Industrial Zones Management Board stated that Lotte Land had sent an official document on cancelling the project in Nhon Trach Industrial Zone VI from February 17. The board requested the investor to liquidate the project and fulfill all obligations related to the operation of the enterprise in accordance with the law. Younggun Ko, a director of Lotte Land, told VIR that various circumstances and investment plans related to this project had been changed, leading to the cancellation. Ko added that the move would not make much of an impact on the business of Lotte Land, and its general business strategy would remain the same. Lotte Mall Hanoi, a $600 million facility, is still expected to open in August and will include a hotel, … [Read more...] about Lotte switches focus after cancellation of warehouse development in Dong Nai

Land law adjustments aim to protect entities as well as the real estate market, photo Le Toan In a seminar to collect opinions from enterprises and experts regarding amendments to the Law on Land held last week in Ho Chi Minh City, Seck Yee Chung, a representative of the Vietnam Business Forum’s Trade and Investment Working Group, said that Article 35.d of the draft law provided that domestic companies only have the right to mortgages with their land and properties attached to the land at credit institutions licensed to operate in Vietnam. “This means that companies in Vietnam cannot mortgage their factory or land through foreign lenders, which creates great challenges for them to access competitive financing resources outside the country,” Chung said at the seminar, which was organised by the International Finance Corporation (IFC) and Ministry of Natural Resources and Environment (MoNRE). “Foreign lenders will look for security assets of Vietnamese companies to secure their … [Read more...] about Land law points further scrutinised

Deputy Defense Minister Senior Lieutenant General Hoang Xuan Chien, who is also Head of the MND’s Steering Committee on Vietnam’s Participation in U.N. Peacekeeping Operations, chaired the event. According to the decision, Major Nguyen Van Phong, assistant at the Division of Political Affairs of Brigade 229 under the Engineering Corps, will work as a military observer at the U.N. Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA). Assigning tasks to the officer, Sr. Lt. Gen. Hoang Xuan Chien asked him to promote the spirit of pro-activeness, self-reliance, overcoming difficulties, being flexible and creative; promptly integrate into the international environment and demonstrate his capability while observing military discipline, U.N. regulations and the host country’s laws, and others. According to Major General Hoang Kim Phung, Director of the Vietnam Department of Peacekeeping Operations (VNDPKO), Major Phong participated in various … [Read more...] about One more Vietnamese officer taking on peacekeeping duties