In the initial stage, the ACMECS Master Plan will focus on connectivity along the East West Economic Corridor and the Southern Economic Corridor. It will also involve hardware connectivity, software connectivity, transport and digital infrastructure, and human resource development. The operations of ACMECS will also complement the Thai government's policies on the Eastern Economic Corridor, New S-Curve, and Thailand’s 4.0. … [Read more...] about Ayeyawady–Chao Phraya–Mekong Economic Cooperation Strategy Summit
Chao phraya park hotel
Taking advantage of the infrastructure boom, real estate developers have been pouring in and gradually changing the outlook of this area. Ha Dong District is blooming with quality real estate projects on a significant scale, attracting both local and foreign investors. … [Read more...] about Billion dollar developments spur Ha Dong growth
Bochmann: COVID-19 has completely halted tourism activities, not only in Vietnam but pretty much the whole world. I don’t think that people outside the tourism industry completely understand how big the disruption is and how many people this affects. It’s not just hospitality workers in hotels and travel/tour operators (which number in the thousands), but also the families that rely on them to fill their rice bowls at home. For every hotel worker, travel/tour operator, there are also about four merchants, suppliers, farmers, shop owners, and drivers that rely on tourists to come to Vietnam and holiday or conduct business meetings, conferences, and exhibitions. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
The city’s top leader called for drastic measures to create new opportunities and motivation for the city’s growth. Five key areas were identified to attract domestic and foreign investment: to resume and speed up production, trade and exports; to stimulate tourism and domestic consumption; to promote public investment, and to address difficulties for major projects that had been delayed for years. … [Read more...] about Đà Nẵng kickstarts economy after COVID-19 pandemic
Hanoi (VNS/VNA) - Conglomerate Vingroup JSC plans to earn 145 trillion VND (6.2 billion USD) in revenue this year, up 12 percent year-on-year. The information was released during the group’s annual general meeting of shareholders (AGMs) held on May 28 in Hanoi. Post-tax profit is expected to decrease 35 percent to reach 5 trillion VND. Due to the impact of the COVID-19 pandemic, Vingroup Chairman of the Board of Directors Pham Nhat Vuong said its tourism arm Vinpearl was most ravaged by the disease. “However, the group still seeks solutions to stimulate domestic demand for tourism, especially inbound because we could not offer services for foreign clients during the pandemic,” he said. “According to statistics, Vietnam greets 80 million domestic visitors and 18 million foreign visitors each year,” Vuong said. The Vingroup chairman said if the disease was controlled and people could not travel abroad, domestic tourism would be … [Read more...] about Vingroup forecast revenue up 12 percent