Being one of the best-loved railways in Southeast Asia, Vietnam's North-South Railway, with two ends at Hanoi and Ho Chi Minh City, attracts many travelers. Lonely Planet, the world-renowned travel guide, named Vietnam National Railway the most incredible rail trip in the world. The 1,730-kilometer journey from Hanoi to Ho Chi Minh City offers breathtaking views of the country's diverse landscapes, making it a must-see for foreigners coming to Vietnam, the magazine said. "Some railways rattle through historic cities; others swoosh beside spectacular coastlines. A few have an epic history, and one or two are remarkable for the colorful characters onboard. The Reunification Express line, known as the North–South Railway, fulfills all these criteria," it stated. The railway is one of Southeast Asia's best-loved railways and the world's most epic overnight train journeys. It's also one of Vietnam's tourism highlights that attracts many international visitors. … [Read more...] about Vietnam’s Reunification Express named world’s most incredible rail journey: Lonely Planet
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Canada to review duty taxes on Viet Nam’s corrosion-resistant steel
Inside a warehouse of JFE Shoji Steel Hai Phong Company in Hai Phong Province. — VNA/VNS Photo Canada Border Service Agency (CBSA) updated the timeline for auditing the anti-dumping tax on corrosion-resistant steel (COR) of Viet Nam and Turkey, according to the Trade Remedies Authorities of Vietnam. Particularly, CBSA will stop gathering information on June 15, and the parties will submit their arguments on June 22. The deadline for submitting information is June 29, and CBSA will announce the result on July 17. Previously, CBSA proposed anti-dumping and anti-subsidy investigations against COR steel imported from Turkey, the United Arab Emirates (UAE), and Viet Nam in November 2019. Viet Nam’s anti-dumping tax rate is ranging from 2.3 per cent to 71.1 per cent and is not subject to anti-subsidy tax because the subsidy level is only from 0.1 per cent to 0.2 per cent. However, the export turnover of Viet Nam's taxed products still increased strongly in 2020 and 2022, … [Read more...] about Canada to review duty taxes on Viet Nam’s corrosion-resistant steel
Technology, sustainability, experience, luxury: Key trends for tourism in Vietnam
Editor's note: Juliet Thuy Nguyen has been living, studying, and working in Australia for the past seven years. She is the founder of a project called Ao Dai Around the World, which is aimed at promoting and showcasing Vietnam's traditional dress, the 'ao dai,' to a global audience. She has had the opportunity to travel to different parts of the world and share the beauty and significance of the 'ao dai' while also exploring 50 provinces around Vietnam. This allows her to gain a deeper understanding and appreciation of Vietnam's rich history, culture, and natural beauty. Vietnam's tourism industry has experienced significant growth over the years, attracting millions of visitors from all over the world. The key trends in the industry include the use of technology, sustainable tourism practices, experience-based tourism, and luxury tourism. The government recognized the potential of these trends and has launched initiatives to promote them. Tourists take a boat … [Read more...] about Technology, sustainability, experience, luxury: Key trends for tourism in Vietnam
Deutsche Bank doubles its capital allocation in Viet Nam
Deutsche Bank office in Viet Nam. The bank announced it will double its capital allocation in the country. — Photo Courtesy Deutsche Bank Deutsche Bank has announced a capital allocation increase for its HCM City branch of US$100 million, bringing its total to just over $200 million. The increased capital will support the bank’s growth in the country and allow it to undertake more activities for its clients, the bank said. “This capital investment in Viet Nam is reflective of our confidence in this market’s rapid development and long-term growth trajectory. Viet Nam is an increasingly strategic market for our clients. This capital injection will enable us to better support our clients’ expansion plans in the country, and likewise the broader Vietnamese economy. We’re proud of the strong local business we have built over our decades of experience here, and look forward to continuing to grow our business alongside our clients over the years to come,” said Deutsche Bank Asia … [Read more...] about Deutsche Bank doubles its capital allocation in Viet Nam