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Foreign minister of brunei dato erywan pehin yusof

/ March 2, 2021

Indonesia: Tourism continues suffering in January

Jakarta (VNA) – The number of foreign tourist visits to Indonesia in January still suffered from the COVID-19 pandemic and declined by 89.05 percent compared to the same month of last year, the country’s statistics bureau (BPS) reported. The arrival numbers lowered from 1.29 million in January 2020 to 141,260 in the first month of this year. Compared with last December, the number of visitors decreased by 13.9 percent. The room occupancy rate of star-classified hotels in Indonesia was also down 30.35 percent compared to 49.17 percent recorded a year ago and 10.44 percent from the previous month. Indonesia ’s Minister of Tourism and Creative Economy Sandiaga Salahuddin Uno said the country targets welcoming around seven million foreigners this year. To this end, the ministry will focus on completing the development of five super priority destinations, like Lake Toba in North Sumatera, Borobudur in Central Java, Mandalika in Lombok, Labuan Bajo in East Nusa Tenggara, and Likupang in North Sulawesi. The ministry will strengthen the 3A (Attractions, Amenities and Accessibility) tourism facilities, encourage investment in the tourism sector, and increase tourism promotion by optimally utilizing digital technology, Uno said. It will also implement three strategies namely innovation, adaptation, and collaboration. Vice Minister of Tourism and Creative Economy Angela Tanoesoedibjo, meanwhile, said the innovation strategy will include the use of big data to design more effective and personal promotions. Her office will also innovate the products offered, such as outdoor tourism, sport tourism, health tourism, wellness tourism, and ecotourism. The second strategy is adapting CHSE-based health protocols (cleanliness, health, safety, and environment) in each tourism destination and creative economy line. This CHSE-based protocols will be the key to accelerating the recovery of tourist confidence amid the pandemic. Additionally, the country will …

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/ November 17, 2019

Room for Vietnam-Russia trade growth remains large: Deputy PM

The Hanoitimes - Activities including trade expos are expected to tighten economic ties between the two countries which will celebrate the 70th anniversary of diplomatic ties next year. Two-way trade between Vietnam and Russia is of great potential and Vietnamese authorities will create more favorable conditions for the investment and operations of Russian firms, Vietnamese Deputy Prime Minister Trinh Dinh Dung has said. Vietnam's Deputy Prime Minister Trinh Dinh Dung. Photo: Linh Pham Vietnam and Russia trade will greatly depend on vision and determination from the both sides, especially the business communities, Dung said at the Expo-Russia Vietnam 2019 taking place in Hanoi on November 14-16. Being a member of 13 free trade agreements (FTAs), 12 of which are already effective, Vietnam has been committed to international regulations requiring high standards for goods and trade activities, Dung said, adding that FTAs will encourage foreign companies to enter Vietnam, ASEAN, and Asia as well. Russian Ambassador to Vietnam Konstantin Vnukov. Photo: VTC News The enforcement of the Vietnam-Eurasian Economic Union Free Trade Agreement (VN-EAEU FTA) is a strong boost for the Vietnam-Russia trade, he noted. Accordingly, Vietnam expects its leather and footwear, agro-forestry-fisheries, electronics and consumer goods to further penetrate into Russia and other markets in the Russia-led Eurasian Economic Union (EAEU). Vu Tien Loc, president of the Vietnam Chamber of Commerce and Industry. Photo: Linh Pham Meanwhile, Vietnam welcomes Russian goods like farm produce, pharmaceuticals, health, industrial equipment, automobile spare parts, devices, mine extraction, materials, high-tech products, energy, and oil. Sergey Anatolievich Tsyb, first deputy minister of Russian Ministry of Industry and Trade, said at the expo that Vietnam ranks among Russia’s top 10 Asian biggest trade partners and the biggest …

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/ March 2, 2021

Vietnam to realize 6.5% growth target: PM

The Hanoitimes - It is vital for Vietnam to further boost the development of private sector and public investment funds, in turn contributing to economic growth and creating the foundation for long-term development. Vietnam would speed up socio-economic recovery to realize the growth target of 6.5% for this year. Prime Minister Nguyen Xuan Phuc at the meeting. Photo: Quang Hieu Prime Minister Nguyen Xuan Phuc stressed the view at a monthly government meeting on March 2, which were attended by government leaders and representatives of ministries and sectors. Among measures to boost growth, the PM stressed the importance of enhancing greater efficiency in global integration to boost exports and attract high quality   foreign direct investment (FDI). “The current situation presents huge opportunity for Vietnam to attract investment capital,” stressed Phuc, adding a favorable investment environment is a must to keep capital inflow from growing. In addition to the role of state-owned corporations, Phuc said it is vital for Vietnam to further boost the development of private sector and public investment funds, in turn contributing to economic growth and creating the foundation for long-term development. According to Phuc, disbursement of public funds is a major mission, for which the Government Office is tasked with inspecting efficiency in disbursing public funds and ODA-funded projects. Phuc stressed the importance of reviewing current supporting programs and proposing new ones to assist businesses and people affected by the pandemic. “Nurturing economic growth drivers and creating long-term revenue sources are the objective for monetary and fiscal policies,” said Phuc. The PM requested major economic hubs to play a greater role in aiding economic growth, especially Hanoi, Ho Chi Minh City, Vung Tau, Danang, and Can Tho. For economic sectors that are struggling with the Covid-19 impacts, including those in fields of …

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