Eff media briefing 05 february 2018

It said previously, Cambodians visited Vietnam mainly for medical services, but over several recent years, the inflow of middle-class visitors from the neighboring country to Vietnam for tourism purpose has been rising, especially after the COVID-19 pandemic was put under control. The Central beach city of Da Nang, the ancient town of Hoi An, Da Lat – the city of thousand flowers in the Central Highlands region, Nha Trang, Vung Tau and the “Paradise Pearl Island” of Phu Quoc are some of top favorite destinations among Cambodian tourists. Tran Quoc Thinh, Director of Tay Ninh province’s Tourism Promotion Center said Cambodia is a traditional tourism market of Tay Ninh, which shares a 240-km border with Cambodia’s Svay Rieng, Prey Vieng and Tboung Khmum provinces. Cambodians regularly cross the border to Tay Ninh for sightseeing, shopping or visiting pagodas, especially on weekends or holidays, according to Thinh. The province has introduced many new, unique and interesting … [Read more...] about Vietnam becomes favorite destination for Cambodian tourists

Vinhomes Ocean Park 2 in Hung Yen province. Hung Yen Urban Investment and Development Co issued two lots of bonds worth total 7.2 trillion VND on March 16 with collateral of property rights arising from business cooperation contracts at Vinhomes Ocean Park 3 project. (Photo courtesy of Vinhomes) Hanoi (VNS/VNA) - The corporate bond market is showing signs of recovery after a prolonged period of inactivity with a notable increase in both the number of issuers and value of issuance. Data on the Hanoi Stock Exchange showed as of March 24, eight companies issued bonds worth more than 23.8 trillion VND (over 1 billion USD), of which real estate firms dominated the market with total issued value of 19 trillion VND, accounting for 80% of total value. This number was a significant increase compared to the value of 500 billion VND in February and 110 billion VND in January. On March 16, two realty firms – Hung Yen Urban Investment and Development Co Ltd and Southern Star Urban … [Read more...] about Corporate bond issuance surges in March after prolonged inactivity

Delegates at the first ASEAN Digital Senior Officials’ Meeting – ASEAN Telecommunications Regulators Council Leaders Retreat (1st ADGSOM-ATRC Leaders’ Retreat) (Photo: VNA) Jakarta (VNA) - The First ASEAN Digital Senior Officials’ Meeting and ASEAN Telecommunications Regulators’ Council (ADGSOM – ATRC) Leaders’ Retreat in 2023 took place on March 20-21 at the ASEAN Secretariat in Jakarta, Indonesia. The event was chaired by the Philippines as ADGSOM Chair for 2023. The meeting discussed the outcomes and follow-up actions from the 3rd ASEAN Digital Ministers’ Meeting (ADGMIN) held from February 6-10 in Boracay, the Philippines. Taking a multi-faceted approach that considers the economic, social, and environmental dimension of digitalisation and digital technologies, the meeting recognised the urgent need for collaboration and synergy among the ASEAN member states to achieve a sustainable, inclusive, and resilient digital future. With the ASEAN Digital Masterplan 2025 … [Read more...] about ASEAN bolsters digital collaboration

Illustrative image (Photo: VNA) Hanoi (VNS/VNA) - February's Speedtest Global Index (SGI) showed that Vietnam jumped up six places to 39th in fixed broadband speeds, despite recent disruptions to all five of its submarine internet cables suffering outages. However, the country’s mobile internet speed slipped by nine ranks to 52. The average download speed of the country’s fixed broadband is 91.6 Mbps, while the upload speed is 93.38 Mbps. These figures for the mobile internet speed are 42.67 Mbps and 18.27 Mbps, respectively. Vietnam’s internet speeds are also higher than the global average, with a download speed of 39.77 Mbps and an upload speed of 10.18 Mbps for mobile internet. The global performance in fixed broadband download and upload speeds are 78.62 Mbps and 34.39 Mbps, respectively. Results from Speedtest, a widely popular online tool measuring internet speeds, are relatively similar to the statistics from Vietnam Internet Network Information Center … [Read more...] about Vietnam’s internet ranking rises despite cable disruptions

Vietnamese Ambassador to Thailand Phan Chi Thanh (L) and Thai Deputy Minister of Labour Surachai Chaitrakulthong (Photo: VNA) Bangkok (VNA) - Vietnamese Ambassador to Thailand Phan Chi Thanh had a working session with Thai Deputy Minister of Labour Surachai Chaitrakulthong on March 24 to discuss measures to further step up labour cooperation between the two countries. The Vietnamese diplomat briefed on economic cooperation between Vietnam and Thailand, saying that Thai businesses highly value business opportunities in Vietnam and want to expand their investment in the country. Many Thai corporations have invested in Vietnam with large-scale projects, using many Vietnamese workers, he said, adding that the Vietnamese Government always creates favourable conditions for Thai labourers to work in the country. He thanked the Thai Government for supporting legal workers from Vietnamm in the past time, and suggested the Thai side consider adding more industries for … [Read more...] about Vietnam, Thailand eye stronger labour cooperation