Dawn breaks over Da River lake.(Photo: VietnamPlus) Hanoi (VNA) - As vaccination coverage is expanding, the severity of the SARS-CoV-2 virus is showing signs of dying out. As a result, Vietnam’s tourism needs to quickly work out harmonious measures for the coming period of recovery. A sad economic year for the tourism sector has come to an end after many tremors caused by successive outbreaks of COVID-19 . Vietnam’s green economy in 2021 failed to recover as seen through the statistics of the yearly review, yet many experts still believe that in 2022, accelerations will be created with attention and assistance from the government. Although the pandemic is still spreading with new variants, there are grounds for us to hope the constantly expanding vaccination coverage has helped weaken the severity of the SARS-CoV-2 virus. The clock is ticking towards the day when the world can contain and roll back the pandemic, opening up chances for socio-economic recovery. That is … [Read more...] about Vietnam’s tourism in 2022: measures for recovery, acceleration
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Foreign investors remain confident about Vietnam’s business environment
Foreign investors poured nearly US$1.7 billion into Vietnam as of January 20. In the first month of 2023, newly-registered capital is estimated to have increased 3.1 times over the same period last year, showing that foreign investors still maintain confidence in Vietnam's investment environment. Hanoi ranks among the top localities in foreign direct investment (FDI) in 2022. Photo: Thang Long Industrial Park The Foreign Investment Agency under the Ministry of Planning and Investment reported that there were 801 newly-registered projects totaling $1.2 billion and 89 projects increasing capital with a combined amount of $306.3 million. In addition, 204 transactions of share purchases by foreign investors were worth $174 million, representing a year-on-year decline of 60.7%. Meanwhile, the disbursement of foreign investments dropped by 16.3% to $1.35 billion. The agency attributed the decrease in registered and disbursed FDI to the national holiday (the … [Read more...] about Foreign investors remain confident about Vietnam’s business environment
Apartment market to continue slumping this year
Decreasing demand for apartments in the region is also forecast to continue through at least the middle of the year. But it may begin to gradually rise by the last quarter of 2023 as legal bottlenecks and obstacles to credit are slated to be at least partially removed by the government, according to DKRA real estate consultants. DKRA Vietnam deputy R&D director Vo Hong Thang said apartment market liquidity, this year, would concentrate in affordable housing projects with prices of below VND50 million ($2,118) per square meter in HCMC and less than VND35 million per square meter in Binh Duong. Such social housing projects promise to be a ray of light in the otherwise gloomy 2023 market, he said, while adding the caveat that supply would still be limited. According to Thang, businesses are gradually supplying fewer high-priced homes and more affordable apartments and social housing units this year. He said this trend may last until 2025, with new supply focusing on the city’s … [Read more...] about Apartment market to continue slumping this year
Festival of folk games for children
Lionbooks Children's Bookstore has organized a Tet program in Hanoi to bring children and their families to an attractive playground of 20 folk games and activities. Joining in the event "Open the door to see Tet", the children enthusiastically played bamboo dance, throwing cans, and mandarin square capturing. “I played the game of throwing a cloth ball. I was very happy. I hit three balls.” Children participate in the bamboo dance. “My children can play the games that I used to play in the past, which I find very meaningful. Children can also experience throwing balls, bamboo dance, and doing fun activities with friends. The bamboo dance and mandarin square capturing remind me of my childhood. As for the games played in mountainous areas, I have never seen them before. Today I came to play with my children, and I feel very happy.” “Children often use phones, televisions, and video games... There’s little opportunity for them to play folk games. That’s why … [Read more...] about Festival of folk games for children
Events promoting Vietnamese literature, poetry conclude
A performance at the opening ceremony of the 4th International Conference Promoting Vietnamese Literature and the 3rd International Poetry Festival in Hanoi on February 16 (Photo: VNA) Hanoi (VNA) – The 4th International Conference Promoting Vietnamese Literature and the 3rd International Poetry Festival wrapped up in Hanoi on February 20. Poet Huu Thinh, Chairman of the Vietnam Union of Literature and Arts Associations and the Vietnam Writers’ Association, said workshops and discussions during the events created chances for participants to share their views on the necessity to seek more solutions to introducing outstanding works of the country to the world. They also pointed to problems that need to be addressed, including the language difference and the modest updating of international friends on Vietnam’s literature development. He thanked foreign guests for contributing to the success of the international conference and festival, noting that these events … [Read more...] about Events promoting Vietnamese literature, poetry conclude