The high growth of accommodations, especially 1-3 star hotels, has caused a hotel oversupply in Da Nang. Just within the first six months of 2019, Da Nang added 100 more accommodation facilities with 6,000 rooms. More 1-3 star hotels have arisen in the last three years, especially in coastal areas in the districts of Son Tra and Ngu Hanh Son. Hotels are in close proximity to one another on the streets of Vo Nguyen Giap, Ha Bong, Ho Nghinh and Nguyen Van Thoai. There are up to 50-70 hotels in a short section of road, just 500 meters long. Of these, 1-3 star hotels are the majority. According to the Da Nang Tourism Promotion Center, there are 650 1-3-star hotels out of 820 accommodation facilities. Meanwhile, there are only about 80 4-5 star hotels. The remaining are high-end resorts, villas, standard apartments, and guest rooms with standard rooms for lease. Nam Lich Rampant hotel development is a waste of national resources The hotel room redundancy is deepening in … [Read more...] about Da Nang is in hotel oversupply crisis
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BUSINESS NEWS HEADLINES DECEMBER 6
Tra fish exports to Russia slump Export revenue of tra fish to the Russian market in the first 10 months of this year fell 31 percent compared to last year to 12.5 million USD, reported the Vietnam Association of Seafood Exporters and Producers (VASEP). According to the association, the sharp drop followed last year’s declining trend, and was likely to continue for the rest of 2019. VASEP said that in the last two years, Russia’s tra fish consumption has been modest, with unstable import prices. Meanwhile, the European country’s imports of frozen tra fish fillets have increased slightly by 3 percent, but that of frozen whole fish have fallen 29 percent./. Conference on boosting exports to China They were speaking at a recent conference on agricultural, forestry and seafood exports to China in Mong Cai City in the northern province of Quang Ninh. The conference was organised by the Ministry of Agriculture and Rural Development in collaboration with the People's … [Read more...] about BUSINESS NEWS HEADLINES DECEMBER 6
Broader digital application needed in agriculture
Digital technology is indeed being used in agriculture but is insufficiently widespread. The application of digital technology in agriculture varies greatly in Vietnam. In some sectors, digital technologies are used everywhere, while in others there is still much possibility for improvement. The dairy sector in Vietnam is a great example of where digital technologies are used. Even small-scale dairy farmers use digital technologies. In other sectors, though, their application remains limited. For example, in the small-scale production of vegetables, spices and fruit, it is not yet common to use digital technologies. The use of digital technologies in agriculture is a great way to improve farming. There are many benefits and improvement possibilities, for example lower production costs, less waste, less water consumption, and better quality. In other agricultural sectors, such as vegetable farming, high technologies could also improve the sustainability of farming. For … [Read more...] about Broader digital application needed in agriculture
US$390 million dioxin remediation operations commences at Bien Hoa Airbase
This significant milestone in the U.S.-Vietnam relationship was attended by Deputy Prime Minister Truong Hoa BInh, leaders of the Ministry of National Defense, and representative from USAID and the U.S. Embassy in Vietnam. Vietnam’s Air Defense Air Force Command has handed over 37 hectares of the western portion of the airbase (known as Pacer Ivy) to USAID to begin ground operations for the Dioxin Remediation at Bien Hoa Airbase Project. The United States government has committed $300 million to restoring the airbase and surrounding areas, which will take 10 years to complete. USAID-supported work crews have built roads, constructed gates and offices, and initiated land clearance and survey activities. The objective is to first eliminate the risk of further dioxin migration off base, working with Dong Nai authorities to clean areas off base, and then to treat and contain contaminated soils. Also in the day, USAID also signed an agreement with the National … [Read more...] about US$390 million dioxin remediation operations commences at Bien Hoa Airbase
Russian military band to perform in Hanoi and Quang Ninh
The Military Band Service of the National Guard of Russia will perform for the first time in Vietnam on Friday and Sunday. The performances will take place at the Vietnam National Academy of Music (VNAM)'s Grand Hall and at the Quang Ninh Centre for Exhibition and Fair at the invitation of the Vietnam Musician's Association. The 80-member band will perform in Hanoi and Quang Ninh on Friday and Sunday. Photo courtesy of the organisation board The performance will highlight Vietnamese and Russian songs including Đàn Sếu (Cranes), which is translated into Vietnamese by poet Le Tu Minh. Composed in 1968, the song is one of the most famous Russian songs about World War II. The band will play Vietnamese folk song Trống Cơm (The Cylindrical Drum) and quan họ (love duet) song Người Ở Đừng Về (My Darling, Please Don't Leave). Vietnamese A-list singers People's Artist Quang Tho, Tung Duong and Lan Anh will be … [Read more...] about Russian military band to perform in Hanoi and Quang Ninh