At the signing ceremony. — Photo hanoimoi.com.vn The Republic of Korea's conglomerate DB Group on Tuesday announced it has signed a memorandum of understanding (MOU) on business cooperation with Viet Nam's T&T Group. The two have agreed to share their infrastructure and know-how in Viet Nam, and to enhance mutual synergy through various collaborations. T&T Group, established in 1993, is a leading Vietnamese company engaged in various businesses, including financial services, energy, trade and real estate. It has over 200 subsidiaries and employs around 80,000 people. DB Group's Viet Nam business is led by DB Insurance. Its property and casualty insurance unit was established in 1984. DB Insurance made a leap forward in Viet Nam's market by acquiring PTI Insurance in 2015, becoming the third-largest insurance company in terms of market share in the Southeast Asian country. — VNS … [Read more...] about Vietnam’s T&T Group, RoK’s DB Group seal cooperation deal
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Vietnam Airlines Group to provides 7.3 million seats this summer
A Vietnam Airlines aircraft (Photo: VNA) Hanoi (VNA) - Vietnam Airlines Group , which comprises Vietnam Airlines, Pacific Airlines and Vietnam Air Services Company ( VASCO ), has announced that to meet travel demand in the summer travel season, it will offer more than 7.3 million seats on domestic and international routes from June 1 to August 8. In the peak period of these months, there will be nearly 500 flights operated by the group per day, 30% greater than usual level. The busiest routes are those connecting Hanoi and Ho Chi Minh City with popular destinations such as Da Nang, Hue, Quy Nhon, Nha Trang, Da Lat and Phu Quoc as well as linking Vietnam to Japan, the Republic of Korea, Thailand. The three carriers are recording a rapid increase in bookings, with many flights during the peak travel season already filled having over haft of their seats occupied. They recommended passengers check in online, arrive at the airport two hours before departure for … [Read more...] about Vietnam Airlines Group to provides 7.3 million seats this summer
Ho Chi Minh City’s economic growth projected at 5.87 percent in Q2
Ho Chi Minh City’s economic growth will be more positive this quarter with the gross regional domestic product (GRDP) growth estimated at 5.87 percent, well above the modest 0.7 percent last quarter, chairman of the municipal People’s Committee Phan Van Mai said during a group discussion on Tuesday at the ongoing National Assembly (NA) sitting. With this result, the city may achieve an economic growth rate of 3.55 percent in the first half of the year, chairman Mai cited statistics from the General Statistics Office as saying at a group discussion on a draft resolution on piloting breakthrough policies for Ho Chi Minh City. The city’s industry and construction sector was forecast to improve 4.77 percent this quarter and 0.8 percent in the first half of the year as a whole. The sector fell 3.6 percent last quarter. Meanwhile, the service sector was expected to surge 7.16 and 4.96 percent this quarter and the first half, respectively. “This results from great efforts of the … [Read more...] about Ho Chi Minh City’s economic growth projected at 5.87 percent in Q2
More practical activities to help ethnic people
Thanks to the Party and State’s ethnic policies, over the past years, the living quality of the ethnic groups has been improved. However, the hostile forces always try to divide and destroy the great bloc of national unity and make use of land disputes to cause instability. In order to conduct the ethnic work in the areas, Division 330 has directed its affiliated units to work with the local authorities to grasp local situations. One of the measures that they have taken is gradual mass mobilization work. Therefore, all troops are well aware of the importance of the task. Especially, troops tasked with mass mobilization work have good knowledge of ethnic groups. “This is the core force in implementing mass mobilization work among ethnic groups,” affirmed Political Commissar of Division 330 Colonel Duong Cong Sang. Accordingly, the troops have focused on disseminating information about the guidelines and policies of the Party, State and military on ethnic groups, hostile forces’ … [Read more...] about More practical activities to help ethnic people
French newspapers praise Vietnamese – French filmmakers
The Le Monde daily said along with the main cast, Hung has made a mark with a highly artistic film about cuisine and the art of living. The film not only portrays a love story in the end of the 19th century but also celebrates the art of fine dining in the French style. Meanwhile, the Le Figaro daily compared the portrayal of the characters in Hung's "La Passion de Dodin Bouffant" to the performance of Catherine Deneuve in the iconic French film "Peau d'âne" or the outstanding performance of Stéphane Audran in the film "Festin de Babette" which won the Academy Award for Best Foreign Language Film in 1988. Recalling Hung's success with the film "The Scent of Green Papaya" (L'Odeur de la papaye verte), which earned him the Golden Camera award in 1993, the article's author believed that "La passion de Dodin Bouffant" will surely satisfy food enthusiasts, who are abundant in France. Born in 1962 in the central city of Da Nang, Hung has affirmed his reputation in European and … [Read more...] about French newspapers praise Vietnamese – French filmmakers
Ninh Thuan to set off fireworks to welcome grape – wine festival
Ninh Thuan to set off firework s to welcome grape – wine festival (Photo: VNA) Ninh Thuan (VNA) – The south central province of Ninh Thuan will hold a 15- minute firework display to welcome the Grape - Wine Festival 2023 and the ceremony to receive a certificate from UNESCO recognising the pottery-making art of the Cham ethnic minority people as Intangible Cultural Heritage in Need of Urgent Safeguarding. Vice Chairman of the provincial People's Committee Nguyen Long Bien said that the festival, running from June 13-18, are an important and meaningful event for Ninh Thuan to attract more tourists, thereby turning tourism into a spearhead economic sector with sustainable development in the coming years. Themed “Ninh Thuan – The land of convergence of different values”, spectators will have a chance to enjoy a low-range firework display in the opening night of the festival which is slated for June 16, 2023 at April 16 Square. According to Nguyen Van Hoa, Director … [Read more...] about Ninh Thuan to set off fireworks to welcome grape – wine festival
Apple retailers set for price competition shake-up
Apple on May 17 announced the expansion of the Apple Store online into Vietnam. Customers throughout the country can now shop direct with Apple and receive a service delivered by dedicated team members ready to share their expertise in Vietnamese. Meanwhile, in mid-May, eDiGi, Vietnam’s foremost premium Apple retailer, announced the closure of its store after five years. The store entered the market when official Apple products were struggling to compete against smuggled counterparts. Backed by one of Vietnam’s top retail companies, IPP Group, eDiGi aimed to carve a niche for itself in Ho Chi Minh City’s District 1, Ho Chi Minh City. The accolades poured in as eDiGi secured the coveted Apple Premium Reseller and Apple Service Provider certifications, becoming the country’s pioneering haven for Apple aficionados seeking unrivalled services. However, eDiGi found itself grappling with a market where affordable prices outweighed immersive shopping experiences, and it struggled to … [Read more...] about Apple retailers set for price competition shake-up
Writer Tran Duc Tien wins “Cricket Knight” Prize 2023
General Director of the Vietnam News Agency (VNA) Vu Viet Trang (R) hands over the prize to writer Tran Duc Tien at the ceremony. (Photo: VNA) Hanoi (VNA) – Writer Tran Duc Tien was awarded the “Hiep si De Men” (Cricket Knight) Prize at the presentation ceremony for the fourth "De Men Award for Children" 2023 in Hanoi on May 31. De Men Award for Children ". The Cricket Desire Prize is presented to the winners. (Photo: VNA) Four winners of the "Khát vọng Dế Mèn" (Cricket Desire) Prize were also named, including a collection of paintings by 11-year-old Hoang Nhat Quang from Lang Son province; "Ông Ba Bị và những đứa trẻ trong mơ" (Mr. Ba Bi and the Children in Dreams, a long story by Lac An; "Ở một nơi có rất nhiều rồng" (In a Place with Many Dragons, a draft of a long story by Moc An; and "Vua ngan xóm hồ" (The King of the Duckweed Village, a draft of a long story by writer Uong Trieu. The prizes are granted to young artists (Photo: VNA) As scheduled, The … [Read more...] about Writer Tran Duc Tien wins “Cricket Knight” Prize 2023
Current trends guarantee big growth in Vietnam – US trade, investment: USABC leader
Vietnam was the 8th largest trade partner and the largest ASEAN exporter of the US in 2022. (Photo: VNA) Hanoi (VNA) – The current trends in economic and trade cooperation between Vietnam and the US guarantee big growth in two-way trade and investment in next 10 years and warrant upgrading the partnership to a strategic level, said Ted Osius , President and CEO of the US - ASEAN Business Council ( USABC ). In an interview granted to the Vietnam News Agency ahead of the 10th anniversary of the two countries’ comprehensive partnership (July 2013 - 2023), the former US Ambassador to Vietnam said trade and investment play a big role in this relationship. The US is Vietnam’s second largest trading partner and biggest export destination. In 2022, bilateral trade reached a record high of 138.9 billion USD. Vietnam was the 8th largest trade partner and the largest ASEAN exporter of the US. The US was the biggest export market of Vietnam last year. Vietnam’s annual export to … [Read more...] about Current trends guarantee big growth in Vietnam – US trade, investment: USABC leader
Vietnam hits peak time for domestic tourism
Crowds flock to Co To island in Quang Ninh province (Photo: VNA) Hanoi (VNA) – The tourism sector served 12.5 million domestic visitors in May, pushing the total number of the group to over 50.5 million in the first five months. Also in May, revenue from domestic travelers is estimated to hit 267.2 trillion VND (11.37 billion USD). The volume of Vietnamese holidaymakers traveling around the country has been on the rise in conjunction with the annual peak of domestic tourism. On the opposite end, the peak time in domestic tourism is also when international tourism hits its low-season travel period. The sector hosted 1.3 million tourists from the Republic of Korea and 399,000 from China in the period from January to May. This year, Vietnam set a target to earn some 650 trillion VND from 110 million visitors, including 8 million foreigners. According to the Vietnam National Administration of Tourism (VNAT), the 4.6 million international arrivals recorded between … [Read more...] about Vietnam hits peak time for domestic tourism