The number of tourists to a UNESCO-recognised My Son Sanctuary in the central province of Quang Nam has been on the rise, nearly equal to prior to the Covid-19 pandemic. According to the management board of My Son world cultural heritage site, the site has seen a monthly rise in travellers this year. Between January and March 20, My Son attracted 80,000 tourists, some 1,200 people visited the site daily before the pandemic. Tourists in My Son Besides South Korea, Japan and Europe, My Son has lured more tourists from markets such as Malaysia, Indonesia, Singapore and India. Visitors from India have sharply increased, accounting for 10 percent of the travellers to My Son. Phan Ho, director of the management board of My Son World Cultural Heritage Site, said that a goal of 180,000 tourists, including 130,000 foreigners had been set. Ho believed that this target would be fulfilled based on the return of foreign holidaymakers, especially those from South Korea and … [Read more...] about Tourists to My Son Sanctuary surges
Central coast hiking group
Vietnam’s retail market proves attractive for foreign investors
People shop at a supermarket in Hanoi. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here. According to the Ministry of Industry and Trade, the Vietnamese retail market is worth 142 billion USD and is expected to increase nearly 2.5 times to 350 billion USD by 2025. In January, total retail sales of consumer goods and services decreased by 6% on-month to more than 481.8 trillion VND (20.4 billion USD) due to weaker demand as many commodities were purchased ahead of the Lunar New Year. People spent more on festival activities post Tet, said the General Statistics Office. However, it still rose 13% year-on-year. For the first two months of the year, the country’s total retail sales of consumer goods and services advanced 13% over the same period of 2022 to over 994.1 trillion VND. … [Read more...] about Vietnam’s retail market proves attractive for foreign investors
Innovative low-carbon projects join UK’s climate finance scheme
To improve project readiness and provide opportunities to attract investment from Vietnamese and international investors, the schemes will receive tailored one-to-one and group support. This will include advice on technical aspects, financial models, materials, and advice on enhancing gender equality and social inclusion. The CFA is part of the UK government’s efforts to help Vietnam meet the commitments made by Prime Minister Pham Minh Chinh at COP26 in Glasgow two years ago, and offer support to implement the Vietnam Just Energy Transition Partnership (V-JETP) that was agreed upon in December last year. “The exciting and innovative projects selected to be part of CFA Vietnam underline the significant potential of the Vietnamese private sector to help tackle the climate crisis," British Ambassador to Vietnam, Iain Frew, said. "The expertise shared with these projects will help move them closer to finding investment, leading to reductions in carbon emissions for communities across … [Read more...] about Innovative low-carbon projects join UK’s climate finance scheme