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Top 10 Vietnam hotels selected by Tripadvisor

May 26, 2022 by e.vnexpress.net

Lotte Hotel in Hanoi was voted the best hotel in Vietnam, according to the annual 2022 ranking compiled by the U.S. online booking site Tripadvisor, based on millions of reviews and opinions collected. Situated on the upper part of a 65-floor building in the downtown area near Hanoi's iconic tourist destinations, the hotel has 235 standard rooms and 83 suites with each offering a panoramic view of the capital. It also has a fitness center, outdoor swimming pool, basketball court, kids play center, and 24-hour gym service. The lowest price for a night's stay is VND2.23 million ($96.45). Vinpearl Discovery Ha Tinh in Loc Ha District of north-central Ha Tinh Province came second in the list. This upscale resort along Xuan Hai Beach is 19 kilometers from Huong Tich Pagoda, a vast mountainside temple complex and popular spiritual site. It has 42 well-equipped rooms featuring private pools and offering views of long, … [Read more...] about Top 10 Vietnam hotels selected by Tripadvisor

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Vietnam runs out of luxury cars

May 27, 2022 by e.vnexpress.net

Trung Kien, 33, from the northern province of Bac Ninh, said he has been looking for a luxury car with a price tag of around VND7 billion ($300,000) for a month, but found nothing to buy. He said he would have to wait for three to six months to get a popular luxury car delivered, due to shortage of components, especially semiconductors and chips. Over the last two years, supply from the world's largest producer, China, has been trickling due to impacts of Covid-19, resulting in a global shortage. Supply of luxury cars in Vietnam is hit the hardest, as brands focus on delivering orders to their major markets like the U.S. or European countries. Mercedes-Benz customers are said to wait for at least three months for some SUVs and S-class sedans, and up to a year for the ultra-luxury Maybach sedans and SUVs. Some locally made models, including E-class sedans and GLC SUVs, are also in short supply, so buyers will have to wait 1-2 months to get their unit delivered. Many auto … [Read more...] about Vietnam runs out of luxury cars

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Prices of international schools in Vietnam are out of reason

May 27, 2022 by e.vnexpress.net

"The prices of private international schools in Vietnam are out of reason and not to justify. They target embassy and corporate contracts but don't care for individuals paying their school fees out of their own pocket who depend on scholarships and the goodwill of the schools admission. Government should regulate the system. Public schools require Vietnamese language. That's no option for two years to stay." Christian Grajek "Even the famous Harvard demands only 54,002 USD/year. Anyone who sends his/her kids to such schools must be a fool. Money can buy many things, but never the intelligence." jnartca "A waste of money, more so if paid out of own pockets. Speaking of own experience having sent own kids to international schools (companies paid), a total rip-off. Many teachers at these schools are not even qualified to teach and kept moving on to the next country/adventure after a few years. If you have money to spend, better send your kids to really top schools abroad. Just a … [Read more...] about Prices of international schools in Vietnam are out of reason

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Vietnam attends int’l conference on future of Asia

May 26, 2022 by en.vietnamplus.vn

Deputy Prime Minister Pham Binh Minh. (Photo: VNA) Tokyo (VNA) – Deputy Prime Minister Pham Binh Minh is set to deliver a speech at the 27th International Conference on the Future of Asia (FOA 2022) that opened in Tokyo on May 26. This year’s conference, held in both online and in-person forms, saw the attendance of leaders from Asian countries, including those from Southeast Asian nations such as Cambodian Prime Minister Samdech Techo Hun Sen, Lao President Laos Thongloun Sisoulith, Malaysian Prime Minister Ismail Sabri bin Yaakob, Prime Minister of Singapore Lee Hsien Loong and Thai Prime Minister Prayut Chan-ocha. During the two-day conference, the political and economic leaders and scholars listen to views of Asian leaders on regional and international issues. Besides, panel discussions feature topics such as change the world from Asia, developing Asian business through cultural exchange, Russia-Ukraine conflict, and Asian security. The Future of Asia is an … [Read more...] about Vietnam attends int’l conference on future of Asia

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3 killed in northern Vietnam after wall collapses following downpour

May 26, 2022 by e.vnexpress.net

The dead were aged 25-43 and the injured woman was 22 years old. All four persons were cleaning up after a downpour when a house wall collapsed on them, the Giao Thong newspaper reported. Authorities are searching through the rubble to find out if there are more victims and to try and find out why the accident happened. The latest reported deaths take the death toll of heavy rains in northern Vietnam to six. Landslides and floods triggered by the heavy rains had killed three people in the provinces of Tuyen Quang and Hoa Binh, while destroying 260 houses. A low-pressure area over the northern region had triggered rains starting May 19, but the heaviest ones showed up since last Saturday. Floodwaters have damaged 9,500 hectares of rice fields in several localities, with Hanoi suffering the most, losing more than 4,000 hectares, followed by Tuyen Quang and Phu Tho with 1,500 hectares each. Between 7 a.m. and 3 p.m. Tuesday, rainfall was measured at almost 200 mm in Thai … [Read more...] about 3 killed in northern Vietnam after wall collapses following downpour

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S&P raises Vietnam’s long-term credit rating to BB+ with stable outlook

May 27, 2022 by dtinews.vn

S&P Global Ratings has upgraded its long-term credit rating on Vietnam to BB+ with a stable outlook on the back of its strong economic recovery and improved government institutional settings. According to the Ministry of Finance, the S&P upgrade shows the economy is on a solid recovery track following the government’s decisions to ease domestic COVID-19 restrictions and reopen its borders to the world as well as due to its impressively improved vaccination and a flexible shift in COVID-19 control policy. A marked improvement in administrative reform, especially related to external debt burden management, a strong economic outlook, a firm international position, and a robust FDI inflow are important factors that further support the rating. The ‘Stable’ outlook in the next 12-24 months S&P forecast indicates that the Vietnamese economy would continue to recover and overcome difficulties caused by the pandemic over the past two years, helping consolidate its … [Read more...] about S&P raises Vietnam’s long-term credit rating to BB+ with stable outlook

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Vietnam riding the wave of inflationary unpredictability

May 24, 2022 by vir.com.vn

Petrol retail prices in the country have been adjusted many times over the past few months, Photo: Le Toan In Vietnam, gasoline prices continue to increase, and after the adjustment on May 11 by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance, each litre of E5 RON92 petrol increased by 6.5 US cents to $1.26 per litre while RON95 climbed by 6.7 US cents to $1.30 per litre. On May 17, the price of US WTI crude oil remained at a high level of over $114 per barrel while Brent oil maintained its upward momentum at $114.28 per barrel. Before the next adjustment, which was due on May 21, petrol prices in Vietnam were forecast to continue to increase to higher levels. The ministries first adjusted gasoline prices on January 11 due to a decrease in global supply, production output by Kazakhstan and Libya, and oil inventories of the United States. According to Decree No.95/2021/ND-CP, effective from January, there will be three adjustments each month to the … [Read more...] about Vietnam riding the wave of inflationary unpredictability

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Vietnam seeks to contribute to peace and stability in Asia

May 26, 2022 by hanoitimes.vn

Amid growing challenges of global food security, Vietnam would further enhance the exports of food and agricultural products. Vietnam seeks to contribute to peace and stability in Asia and the world and remains steadfast in pursuing an independent foreign policy based on multilateralism and active integration into the global community. Deputy Prime Minister Pham Binh Minh at the event. Source: VNA “The Vietnamese Government considers the people at the center and engine for growth, and is committed to ensuring social justice and advancement, along with a healthy cultural and social environment.” Deputy Prime Minister Pham Binh Minh gave the remarks at the 27 th International Conference on the future of Asia held in Tokyo on May 26. This year’s event, themed “Redefining Asia’s role in a divided world,” focuses on discussing the regional and global situation, for which leaders from countries such as Japan, Vietnam, Laos, Thailand, Singapore, and Cambodia … [Read more...] about Vietnam seeks to contribute to peace and stability in Asia

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Vietnam, Japan beef up ground forces cooperation

May 26, 2022 by en.vietnamplus.vn

Deputy Chief of the General Staff of the Vietnam People's Army (VPA) Lieutenant General Nguyen Van Nghia and Chief of Staff of the Japan Ground Self-Defence Force General (JGSDF) Yoshida Yoshihide inspect the guards of honour. (Photo: VNA) Tokyo (VNA) – Deputy Chief of the General Staff of the Vietnam People's Army (VPA) Lieutenant General Nguyen Van Nghia joined talks with Chief of Staff of the Japan Ground Self-Defence Force General (JGSDF) Yoshida Yoshihide on May 25, during his working visit to Japan. The two sides highly valued achievements obtained in the cooperation of the countries’ ground forces, which contribute to the extensive, practical and efficient development of the Vietnam-Japan bilateral defence cooperation. Lt. Gen. Nghia affirmed that the VPA General Staff stands ready to join hands with the JGSDF in the effective implementation of cooperation programmes, including capacity building in United Nations peacekeeping operations; search and rescue; and … [Read more...] about Vietnam, Japan beef up ground forces cooperation

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Vietnam remains attractive to int’l investors: HSBC

May 26, 2022 by en.vietnamplus.vn

Illustrative image (Photo: VNA) HCM City (VNA) - Up to 21 percent of Indian firms operating or intending to operate in Southeast Asia plan to expand their business in Vietnam in the next two years, and the ratio is 26 percent among Chinese enterprises , according to a HSBC survey covering more than 1,500 companies from six of the world’s largest economies – all of which have operations in Southeast Asia. Regarding advantages of Vietnam, three out of 10 surveyed companies pointed to skilled workforce, while 27 percent cited competitive wage prices and proven economic resilience in response to the pandemic. Currently, 39 percent of Indian companies stated they were attracted by Vietnam’s infrastructure, while 39 percent of US firms said that they are keen on opportunities to develop and test new products/solutions in the market. Particularly, 49 percent of surveyed firms, mostly from China, India and the US, said that they hope to make use of the EU-Vietnam Free … [Read more...] about Vietnam remains attractive to int’l investors: HSBC

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