Da nang what to do and see

More than 600,000 foreign tourists travelled to Vietnam in the first six months of this year, presenting a 6.8 percent year-on-year increase. In June alone, the number of international visitors was 236,700 thanks to the resumption of international flights. Of the total, the number of visitors arriving by air reached 523,900, accounting for 87 percent and up 9.4 percent compared to the same period last year; by road was 78,000, accounting for 13 percent. Revenue from accommodation and catering services in June saw a 20.9 percent increase compared to the previous year. Some localities got revenue growth, such as Can Tho increased 52.1 percent, Hanoi up 44.4 percent, Dong Nai up 22.6 percent, Quang Ninh up 19.2 percent, HCMC up 17.2 percent, Hai Phong up 12.6 percent, Binh Duong up 11.4 percent and Da Nang up 11.2 percent. This year, the trend of tourism has changed when travelers choose tourist destinations in the region. The country's total tourist revenue increased … [Read more...] about Foreign tourist arrivals to Vietnam up 6.8 percent in first six months

Among these, a total of 291 newly-granted foreign investment projects have a total registered capital of $223.75 million, an increase of 5.43 percent in the number of newly-granted projects but a decrease of 1.28 percent in value over the same period last year. There were 68 times that licensed projects from previous years adjusted their investment with additional capital of $1.37 billion, down 2.86 percent in the volume but up 205.19 percent in the value compared to the same period last year. HCMC also approved 1,105 cases where foreign investors are allowed to contribute capital, buy shares or acquire contributed capital of domestic enterprises with registered capital equivalent to $583.11 million, an increase of 9.62 percent in the volume but a decrease of 15.12 percent in the value over the same period. By Duc Trung – Translated by Da Nguyet … [Read more...] about HCMC draws US$2.18 billion of FDI capital in first six months

Before today's trading session, investors received the news that the Vietnam Securities Depository (VSD) had recently consulted on a draft regulation on clearing and payment of securities transactions under the direction of adjusting the payment time for completing the T+2 settlement cycle of the State Securities Commission of Vietnam. One of the essential contents of this draft is the adjustment of the time for securities settlement and clearing banks to complete payment from 3.30 p.m. to 4 p.m. to from 11.30 a.m. to 12.30 p.m. on the trade date plus two days (T+2). With this new regulation, investors can trade right in the afternoon trading session of T+2. According to the draft, the money for securities transactions will be transferred to investors' accounts one day earlier than the old regulations. Therefore, investors can use the money to buy securities right in the afternoon trading session of T+2 instead of having to advance money as before. The new regulation on clearing … [Read more...] about Securities stocks strengthen after draft on T+2 settlement cycle

Trung Luong – My Thuan Expressway extends free toll collection for 30 days more. (Photo: SGGP) Previously, from 2 p.m. on June 23, Trung Luong - My Thuan BOT Joint Stock Company applied trial toll collection at toll stations on the Trung Luong - My Thuan Expressway for one week, from June 23 to June 30, to ensure stable operation of the toll collection system and staff mastering manipulations before putting the system into official operation. Accordingly, the management unit has served more than 186,700 turns of vehicles, an average of about 31,100 turns of vehicles per day. During the test toll collection, the security and order situation is ensured. All vehicles comply with taking IC cards when entering the expressway and returning it when exiting. The entire monitoring system for toll collection operates stably and meets the requirements of toll collection, observation, and storage. However, on weekends, the traffic is crowded, often increasing suddenly during peak hours, … [Read more...] about Trung Luong – My Thuan Expressway extends free toll collection for 30 days