Hcm city among worlds top 25 trending destinations in 2023 tripadvisor

It is now nearly impossible to buy a new apartment at the VND 2 billion mark. According to a report in 2022 from Rever, a Southeast Asia technology firm in real estate brokerage, for VND1.5-1.8 billion, one can buy a 30-55 square meter apartment built 6-10 years ago in Thu Duc City, on the secondary market. The average income of workers in Ho Chi Minh City (HCMC) this year is about VND148 million a year, according to property listing platform Batdongsan.com.vn. By that calculation, it will take up to 24 years to save, with no spending on anything, just to buy an apartment. The type of apartment used in this survey costs VND3.5 billion per unit. The data also shows that Vietnam ranks first in Southeast Asia in terms of the gap between house prices and average worker incomes. From 2018 to 2021, the ratio of the difference between real estate prices and the average income of Vietnamese has continuously increased, surpassing even Singapore. On the other hand, Indonesia, Malaysia and … [Read more...] about A laborer needs to save for 25 years to buy an apartment

The event was organized by the Ho Chi Minh City Youth Union, the Ho Chi Minh City chapter of the Vietnam Youth Federation, and the city’s Vietnam Students’ Association, with the support of the Ho Chi Minh City Power Corporation. During the event, Tran Thu Ha, Deputy Secretary of the Ho Chi Minh City Youth Union and Chairwoman of the city’s Vietnam Students’ Association, delivered a speech in which she stated that the running contest aimed to raise awareness about the importance of a green lifestyle. The city’s young people hoped to contribute to the common efforts of saving energy, protecting the environment, and preventing climate change. In addition to the running competition, various activities were implemented by the city’s youth unions on the morning of March 25. These included organizing sports activities to encourage young people to run 10,000 steps per day, as well as an Olympic Run Day for the health of the entire  in 2023. The youth unions also organized environmental … [Read more...] about Over 1,300 people join run in Ho Chi Minh City to mark Earth Hour

As home to nearly 300 national treasures, Hanoi has a valuable source of ritual and cultural traits that tell its history of thousands of years. The United Nations Educational, Scientific and Cultural Organization (UNESCO) sees the partnership with Hanoi in heritage preservation as one of its key activities in the future, said Director of the UNESCO’s World Heritage Center Lazare Eloundou on March 27. Hanoi mayor Tran Sy Thanh (right) receives Lazare Eloundou, Director of UNESCO’s World Heritage Center, on March 27. Photo: The Hanoi Times The UNESCO expects to bolster the relationship with Vietnam’s capital city in preserving cultural traits and heritages, he told a meeting with Hanoi mayor Tran Sy Thanh. Lazare urged the municipal and local authorities of Hanoi to come up with solutions that bring balance between heritage preservation and socio-economic growth and lift the living conditions for local people. UNESCO will always partner with Vietnam to … [Read more...] about UNESCO promises tight partnership with Hanoi in heritage and relic conservation

Visas, service quality, and technology were all part of discussions on a better-performing tourism sector Photo: Cuong Minh May’s National Assembly session is likely to help push ahead a revamp of the country’s rules on entry and exit for foreign visitors, after the Ministry of Public Security crafts amendments to the current law. The development will be an important basis for the issuance of new regulations related to the visa policy, removing difficulties for the tourism industry, and creating conditions to attract more international visitors this year, according to most observers. Dang Tuan Viet, deputy director of the Ministry of Public Secrutity’s (MoPS) Vietnam Immigration Department, said that the proposal emphasised two major areas related to unilateral visa exemption and electronic visa policy. The MoPS also proposes to expand the number of countries that can issue e-visas from 80 countries to the maximum. The MoPS will also ask to increase the temporary stay … [Read more...] about Visa upgrade at heart of fresh approach to tourism

JAKARTA -- Two crew members have died and one is missing after a fire broke out on an oil tanker carrying fuel to terminals on the Indonesian islands of Bali and Lombok, the state energy company Pertamina said in a statement late on Sunday. The chartered vessel, MT Kristin, had 17 crew on board and was carrying 5,900 kilolitres of fuel when the fire started at 2:50 p.m. local time (0650 GMT) on Sunday. Pertamina tanker, MT Kristin, carrying fuel, catches fire on the coast of Mataram, West Nusa Tenggara province, Indonesia, March 26, 2023, in this photo taken by Antara Foto. Photo: Reuters Pertamina said so far no oil spills had been detected after the fire, though a 300 metre (984.25 ft) oil boom had been set up around the ship. The vessel was being towed to the nearest safe port, Pertamina's shipping unit said on Monday. The state oil company said there were sufficient fuel stocks at the Ampenan terminal on Lombok and the Sanggaran terminal on Bali to secure … [Read more...] about Indonesia’s Pertamina says two crew killed after fire on tanker

The cooperation aims to celebrate the 50th anniversary of the diplomatic relationship between Vietnam and Australia. The Australian Trade and Investment Commission (Austrade) is collaborating with businesses and government in Hanoi, Hue, and Danang to deliver the "Vietnam- Australia: Unlocking Opportunities in Education and Agrifood" roadshow series starting on March 27 in Hanoi with the participation of over 400 Australian and Vietnamese businesses, organizations, associations and institutions. The program aims to celebrate the 50th anniversary of the diplomatic relationship between Vietnam and Australia. Australian food and beverage showcase during the seminar took place on March 27 in Hanoi. Photo: Australian Embassy Vietnam At the kick-off event in Hanoi, Andrew Goledzinowski - Australia’s Ambassador to Vietnam shared that the program will deepen engagement and expand opportunities for Australian and Vietnamese partners in the agrifood and education … [Read more...] about Vietnam and Australia boost cooperation in education, agrifood

Denis Brunetti, president of Ericsson in Vietnam, Myanmar, Cambodia and Laos Vietnam is piloting 5G with the support of Ericsson. Is the country still slow in 5G rollout, or keeping up with regional countries? Today, various countries are in different stages of 5G rollout. Every country and market has its own path, and Vietnam is very well-placed as one of the most dynamic and attractive investment destinations in the world, with a fast-growing digital economy and strategic focus on nationwide digital transformation and Industry 4.0, enabled by 5G as a critical national infrastructure. Ericsson fully supports and endorses this vision, and we are committed to helping Vietnam achieve this important and strategic ambition. Today there are 235 5G networks in the world in commercial service, with 5G having over 30 per cent population coverage globally. Vietnam is well poised to commercially expand 5G later this year and derive the benefits of the latest, most advanced 5G products … [Read more...] about 5G commercialisation – a must to drive the digital vision of Vietnam

People shop at a supermarket in Hanoi. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here. According to the Ministry of Industry and Trade, the Vietnamese retail market is worth 142 billion USD and is expected to increase nearly 2.5 times to 350 billion USD by 2025. In January, total retail sales of consumer goods and services decreased by 6% on-month to more than 481.8 trillion VND (20.4 billion USD) due to weaker demand as many commodities were purchased ahead of the Lunar New Year. People spent more on festival activities post Tet, said the General Statistics Office. However, it still rose 13% year-on-year. For the first two months of the year, the country’s total retail sales of consumer goods and services advanced 13% over the same period of 2022 to over 994.1 trillion VND. … [Read more...] about Vietnam’s retail market proves attractive for foreign investors

The Australian Trade and Investment Commission (Austrade) is collaborating with business and government in Hanoi, Hue and Danang to deliver the Vietnam –Australia: Unlocking Opportunities in Education and Agrifood roadshow series starting from 27 March in Hanoi with participation of over 400 Australian and Vietnamese businesses, organisations, associations and institutions. Participants at the event The project, which was organised to celebrate the 50th anniversary of diplomatic relationship between Vietnam and Australia, is expected to have a significant impact on trade between the two countries. Austrade is delivering two roadshows in six different cities of Vietnam including Hanoi, Hue, Danang in March 2023 and Ho Chi Minh City, Nha Trang and Can Tho in September. It will provide opportunities and Australian and Vietnamese businesses and institutions to connect and collaborate in different regions of Vietnam. The first phase of program is launched in Hanoi … [Read more...] about Vietnam and Australia co-operate in education & agrifood