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More than 600,000 foreign tourists travelled to Vietnam in the first six months of this year, presenting a 6.8 percent year-on-year increase. In June alone, the number of international visitors was 236,700 thanks to the resumption of international flights. Of the total, the number of visitors arriving by air reached 523,900, accounting for 87 percent and up 9.4 percent compared to the same period last year; by road was 78,000, accounting for 13 percent. Revenue from accommodation and catering services in June saw a 20.9 percent increase compared to the previous year. Some localities got revenue growth, such as Can Tho increased 52.1 percent, Hanoi up 44.4 percent, Dong Nai up 22.6 percent, Quang Ninh up 19.2 percent, HCMC up 17.2 percent, Hai Phong up 12.6 percent, Binh Duong up 11.4 percent and Da Nang up 11.2 percent. This year, the trend of tourism has changed when travelers choose tourist destinations in the region. The country's total tourist revenue increased … [Read more...] about Foreign tourist arrivals to Vietnam up 6.8 percent in first six months

At the meeting The statement was made by Chairman of the HCMC People’s Committee Phan Van Mai at a meeting on the city’s socio-economic situation in the first half of the year that was held on June 29 with the participation of Secretary of the Party Committee of the city Nguyen Van Nen and Chairwoman of the municipal People’s Council Nguyen Thi Le. Problems of administrative procedures are the biggest obstacles that have affected the attraction of capital resources, public investment disbursement and impeded capital flows into trade and business production, he said. The city’s chairman asked departments and agencies to focus on solving barriers to promptly handle requests of individuals and businesses to speed up the economy. Chairman of the HCMC People’s Committee Phan Van Mai (L), Secretary of the Party Committee of the city Nguyen Van Nen (C) and Chairwoman of the municipal People’s Council Nguyen Thi Le attend the meeting. (Photo: SGGP) Chairman of the HCMC … [Read more...] about HCMC’s economies recover quickly together

Roads, airports, and seaports are being looked at by overseas companies in terms of investment feasibility, Photo: Shutterstock On June 16, Hoang Gia Khanh, deputy general director of state-owned railway giant Vietnam Railways (VNR), received a delegation of Austrian businesses at its headquarters who introduced new products and technology solutions aiming to seek opportunities in the local industry. The commercial counsellor of the Austrian Embassy in Hanoi said that businesses expect to intensify cooperation with VNR, specifically those in funding and upgrading projects, as well as machinery upgrading and maintenance. He added that besides official development assistance, the Austrian government also has other financial tools that can help VNR access financial resources and technologies. According to Khanh, investment demand for the industry’s infrastructure development is huge and he highly appreciates the products and technology of groups like Plasser & Theurer and … [Read more...] about Reopening increases foreign interest in transport upgrade