After the welcoming ceremony, the host and Gen. Cuong held talks. At the meeting, the commander of the Royal Brunei Armed Forces expressed his honor to receive General Cuong and the Vietnamese delegation in Brunei. He highlighted the visit, stressing that it is of special significance in boosting political trust, mutual understanding, and cooperation between the two militaries, making substantive contribution to developing the comprehensive partnership between Vietnam and Brunei. Expressing thanks to the host for the solemn reception, General Cuong believed that the visit will help deepen the flourishing relations between the two militaries. The Vietnamese chief of the General Staff underlined the constant development in the two countries’ relationship over the past time. Especially, since Vietnam and Brunei elevated their ties to the comprehensive partnership during the Sultan of Brunei’s official visit to Vietnam in March 2019, the bilateral relationship has been closer with … [Read more...] about Comprehensive cooperation between Vietnamese, Brunei militaries promoted
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Vietnam Airlines to fully restore flight network to China
In March, its flights between Hanoi and Beijing will resume with a frequency of three flights a week. Meanwhile, the carrier will increase the weekly frequency of flights linking Hanoi and Ho Chi Minh City of Vietnam to Guangzhou and Shanghai of China to four from the current one to two flights. From April, Vietnam Airlines will reopen four routes between Da Nang and China’s Guangzhou, Shanghai and Chengdu as well as between Hanoi and Chengdu. The routes will operate two flights a week to provide service between the two communities. In addition, from September, the airline plans to operate the wide-body aircraft Airbus A350 and Boeing 787 on its routes between Hanoi and Beijing; and between Hanoi and Ho Chi Minh City and Shanghai. With the optimistic scenario that China continues to ease related procedures and demand recovers well, Vietnam Airlines expects the number of passengers flying between the two countries this year to reach about 80% of the 8.1 million recorded in 2019, … [Read more...] about Vietnam Airlines to fully restore flight network to China
Thai PM sees over 30M foreign tourists this year
Prime Minister Prayuth Chan-ocha has instructed relevant agencies to facilitate visitors with travel and ensure their safety, spokesperson Anucha Burapachaisri told a briefing. Initially, the government predicted more than 20 million foreign tourists this year and later increased that to 28 million, he said. "Most recently, the prime minister is confident that tourist numbers will even exceed 30 million," Anucha said. The latest projection follows China's border reopening and the return of Chinese tourists. Thailand now expects at least 7 to 8 million Chinese visitors this year, up from a previous forecast of at least 5 million, Yuthasak Supasorn, governor of the Tourism Authority of Thailand, a government body, told Reuters. "Earlier, we didn't think China would also allow group tours...now we are seeing at least 7 to 8 million people," he said. The new forecast would be more than half the 11 million Chinese visitors recorded in pre-pandemic 2019. Up until February 2 of … [Read more...] about Thai PM sees over 30M foreign tourists this year
Thai exports hurt as baht strengthens
Poonpong Naiyanapakorn, director general of the Trade Policy and Strategy Office. (Photo:nationthailand) Bangkok (VNA) – The Thailand ’s Commerce Industry has warned the strengthening baht will affect high-value industrial products with few imported raw materials such as rubber products, canned and processed seafood, gems and jewelry. Poonpong Naiyanapakorn, director general of the Trade Policy and Strategy Office (TPSO), affirmed the baht surged to 32-33 baht per USD compared with 35-36 baht per USD last December. Poonpong said although the extent of the impact of the baht appreciation on export performance is not on par with the effect of a weakening global economy and economic slowdown in key trading partners, a strong baht directly affects the competitiveness of Thai products, making them more expensive than those of other exporting countries. The export value is also subject to a reduction once converted from the US dollar, resulting in a decline in revenue or … [Read more...] about Thai exports hurt as baht strengthens
VN’s Tourism Industry to bounce back in 2023: HSBC
Foreign tourists visit old quater in Ha Noi city. Tourism will be a key one in 2023. — VNA/VNS Photo Minh Quyet Despite slowing trade, there are still pockets of resilience in Viet Nam’s economy. Tourism will be a key one in 2023, HSBC said in a report. In its Vietnam at a glance report on tourism to the partial rescue released early this week it said Viet Nam’s domestic tourism had been roaring, but international tourism, which historically accounted for 60 per cent of tourism receipts, saw a tepid recovery. That said, there were good reasons to expect a more meaningful recovery, in particular after China’s reopening, a 50-80 per cent return of Chinese tourists could be achievable. Following Viet Nam’s re-opening last March, its domestic tourism had been roaring, with Viet Nam easily surpassing its 2022 target of 60m and recording over 100m tourists. Meanwhile, Viet Nam welcomed 3.6m international tourists in 2022, mainly driven by travellers from South Korea (26 per cent) and … [Read more...] about VN’s Tourism Industry to bounce back in 2023: HSBC