Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam’s GDP growth reaches 8.02% this year, a record high in the 2011-2022 period as the economy is recovering strongly, General Director of the General Statistics Office (GSO) Nguyen Thi Huong told a press conference in Hanoi on December 29. The agro-forestry-fishery sector expanded by 3.36%, contributing 5.11% to the total added value of the whole economy. The industry-construction sector grew by 7.78%, contributing 38.24% while the service industry rose by 9.99%, making a 56.55% contribution to the economy. About the economic structure 2022, the agro-forestry-fishery sector accounted for a proportion of 11.88%, industry and construction 38.26%, services 41.33% and product taxes, exclusive of product subsidies, 8.53%. With an annual growth of 7.18%, final consumption contributed to 49.32% of the general growth. Asset accumulation rose by 5.75%, contributing 22.59%, while trade in exports, imports and services adding … [Read more...] about Vietnam’s GDP expands by 8.02% in 2022
Hanoi downtown vietnam backpacker hostels
Vietnam sends sympathy messages to Turkey, Syria over earthquake
At the scene in Syria (Photo: AFP) Hanoi (VNA) – Vietnam's Acting President Vo Thi Anh Xuan on February 6 sent messages of sympathy to President of Turkey Recep Tayyip Erdogan and President of Syria Bashar al-Assad over casualties caused by a strong earthquake in the two countries. As of 6:00 pm the same day (Vietnam time), both countries recorded over 1,472 fatalities , including 912 in Turkey and 560 in Syria, and nearly 6,100 injured from the earthquake which has been the most powerful over the past nearly 100 years. According to the US Geological Survey (USGS), the earthquake occurred at about 4:17am (local time) with the epicenter located 17.9 km in depth in Gaziantep province. It also detected another earthquake with a magnitude of 6.7 that occurred about 15 minutes later near the first location./. VNA … [Read more...] about Vietnam sends sympathy messages to Turkey, Syria over earthquake
Hanoi looks to tighten cooperation with Japanese locality
As of the Kanagawa Festival in Hanoi, its latest holding last year has left good imprints on the locals and Vietnamese people. Hanoi will continue tightening relationships with Japanese localities including Kanagawa, focusing on the development of economic and cultural exchange, educational cooperation, and manpower training, among others. Deputy Chairman of Hanoi People’s Committee Nguyen Doan Toan stressed the idea when receiving Governor of Kanagawa prefecture Yuji Kuroiwa on November 11. The meeting also saw the attendance of Umeda Kunio, Ambassador of Japan to Vietnam. At the meeting, the two sides discussed the organization of the Kanagawa Festival in Hanoi this year and the orientations of cooperation between the Vietnamese and Japanese localities in the coming time. According to Hanoi’s deput mayor, the city is currently on a very strong development momentum, to which many Japan – Vietnam cooperation projects have contributed a great deal. Deputy … [Read more...] about Hanoi looks to tighten cooperation with Japanese locality
Jeju Air to resume service to Vietnam from April 20
Vietnam plans to welcome one million Korean arrivals this year. Jeju Air, South Korea’s biggest low-cost carrier, will resume services on the routes from Incheon to Hanoi and Ho Chi Minh City from April 20, after three years of suspension due to Covid-19, according to Yonhap. South Korean and Vietnamese enterprises attend the 2022 Vietnam Tourism - Culture F estival in Seoul last October. Photo: Toquoc Until late 2019, the budget carrier operated eight routes to five cities, including Danang, Hanoi, Ho Chi Minh City, Nha Trang, and Phu Quoc. Last June, the company restored the connection from Incheon to Danang and Nha Trang, and from Busan to Danang. Jeju Air aims to turn around this year after posting net losses for three consecutive years through 2021 as eased virus restrictions unleash pent-up travel demand. Vietnam expected to receive one million Korean arrivals this year, hoping to make a breakthrough in tourism cooperation in the near future, … [Read more...] about Jeju Air to resume service to Vietnam from April 20
RoK’s Jeju Air to expand flights to Vietnam
Illustrative image (Source: GettyImages) Hanoi (VNA) - Jeju Air Co. , the biggest low-cost carrier of the Republic of Korea , said on February 6 that it will resume many routes to Vietnam in April after three years of suspension due to the COVID-19 pandemic. The carrier plans to restore services on the routes from Incheon to Hanoi and Ho Chi Minh City on April 20, Yonhap news agency said, citing the company's statement. Jeju Air operated eight routes to five Vietnamese cities – Da Nang, Hanoi, Ho Chi Minh City, Nha Trang and Phu Quoc -- at the end of 2019. Most of the routes were suspended in early 2020, when the pandemic hit the airline industry. In June last year, the company resumed the routes from Incheon to Da Nang and Nha Trang, and the Busan-Da Nang route. Jeju Air also plans to restore flights between Incheon and Vientiane of Laos from April 20. The airline aims to turn around this year after posting net losses for three consecutive years through 2021 … [Read more...] about RoK’s Jeju Air to expand flights to Vietnam
ASEAN Tourism Awards 2023 honor 14 businesses of Vietnam
Vietnam's tourism suppliers have won top awards in the categories of unique homestay, community tourism associated with local economic development, qualified public toilets, and best ASEAN spa services. The ASEAN Tourism Awards 2023 ceremony was held on February 5 in Indonesia as part of the ongoing ASEAN Tourism Forum 2023 under the theme "ASEAN: A Journey to Wonderful Destinations". A foreign traveler enjoys buying fruits in Cai Be Floating Market. Photo: Mekong Smiles As a result, two groups of host families, one in the Mekong Delta province of Vinh Long and the other in the northwestern province of Lao Cai, received the ASEAN Homestay Award. The first group consists of six establishments: Ut Thuy, Sau Thanh, Nam Thanh, Nam Thanh, Ba Linh, Ngoc Phuong, and Ngoc Sang, in An Binh District, Vinh Long Province, about 140 km from Ho Chi Minh City. The locality is famous for its islets of fruit orchards. The most prominent tourist attractions are the Cai Be … [Read more...] about ASEAN Tourism Awards 2023 honor 14 businesses of Vietnam
Hanoi to spearhead the nation’s industrialization efforts until 2030
Vietnamese people's cultural and human values should be central to the capital’s industrialization process. Hanoi aims to spearhead the nation's industrialization and modernization until 2030, with an eye on 2045. Hanoi has seen major transformation over the years. Photo: Pham Hung According to the municipal Party Committee, the goal of the plan is to transform the mindset and build consensus in the political system and people to achieve socioeconomic development objectives. The Party Committee emphasized the use of science-technology and innovation, specifically Industry 4.0 advancements, as a key solution for the country’s modernization in the 2021-2030 period. “This would help Vietnam to make breakthroughs in productivity and improve the economy's competitiveness,” stated the plan. For Hanoi, the plan identifies key targets for economic growth, enhancing socio-cultural values, urban development, and environmental protection. By 2030, Hanoi and other … [Read more...] about Hanoi to spearhead the nation’s industrialization efforts until 2030
Jeju Air to resume more air routes to Vietnam this April
The Republic of Korea's largest low-cost airline Jeju Air unveiled on February 6 that it will resume additional air routes to Vietnam, starting in April 2023, after a three-year hiatus caused by the COVID-19 pandemic. Jeju Air plans to reopen flights from Incheon to Hanoi and Ho Chi Minh City of Vietnam as from April 20, the airline said in its announcement. Last June, the budget airline re-operated flights from Incheon to Da Nang and Nha Trang, and from Busan to Da Nang in central Vietnam. By the end of 2019, Jeju Air had operated eight air routes to five cities in Vietnam including Da Nang, Hanoi, Ho Chi Minh City, Nha Trang and Phu Quoc. However, most of the routes were suspended in early 2020 due to subsequent COVID-19 outbreaks. Jeju Air also plans to resume flights from Incheon to the Lao capital Vientiane from April 20. … [Read more...] about Jeju Air to resume more air routes to Vietnam this April
Vietnam leads Southeast Asia in wooden furniture exports to Australia
Producing wooden furniture for export at Trieu Phu Loc Furniture Co., Ltd, Tan Uyen town, Binh Duong province (Photo: VNA) Hanoi (VNS/VNA) - Wooden furniture exports from Southeast Asian markets to Australia grew sharply in the past year, with Vietnam leading the way on 205.6 million USD, up 26.4% year-on-year. Vietnam is followed Malaysia with 101.9 million USD and Indonesia with 61.7 million USD. The proportion of wooden furniture imports from these three markets accounted for 22.9% of the total value of wooden furniture imports into Australia. The Import-Export Department, Ministry of Industry and Trade, quoted statistics from the General Department of Customs saying that the export value of wooden office furniture reached 28.4 million USD in December, a year-on-year decline of 28.6%. The export value of wooden office furniture reached 370.3 million USD last year, down 15.9% over the same period in 2021. In the structure of wooden furniture exports last year, … [Read more...] about Vietnam leads Southeast Asia in wooden furniture exports to Australia
Phong Nha named Vietnam’s friendliest place by Booking.com customers
Ninh Binh, around two hours from Hanoi and home to UNESCO heritage site Trang An Landscape Complex, was second, followed by Hoi An Town. The rankings were based on an analysis of more than 240 million verified customer reviews on Booking.com. Hue Town, famous for its royal tombs, was fourth in the list and Mai Chau, famed for its ethnic minority villages, golden rice terraces and green mountains, rounded off the top five. The others were Tuy Hoa in the south central coast, Con Dao Islands, Dong Hoi which is near Phong Nha, Cat Ba and Sa Pa Towns in northern Vietnam. The ranking was part of Booking.com's 11th annual Traveler Review Awards given to 1.36 million hotels and other accommodation, 230 car rental providers, and 58 airport taxi operators in 220 countries and territories. This year, Ninh Binh was the only destination in Vietnam to break into the list of 10 most welcoming places on Earth by Booking.com. … [Read more...] about Phong Nha named Vietnam’s friendliest place by Booking.com customers