Kodambakkam green trends

He made the remarks at a press conference held within the framework of the ASEAN Tourism Forum (ATF)  2023 in the city of Yogyakarta, Indonesia, from February 2-5. Last year, Vietnam welcomed a total of 3.66 million foreign visitors, 23.3 times higher than the 2021 figure. In January 2023 alone, the number of foreign tourists to the Southeast Asian nation reached more than 871,000, up 44% year-on-year. The official said that Vietnam has a variety of tourism products. In addition to four main options, namely marine tourism, ecotourism, cultural tourism and urban tourism, it also boasts attractive complementary products such as luxury resort tourism, adventure tourism, wellness tourism, and golf tourism. Introducing Vietnam's tourism policy in the post-COVID-19 period, Mr. Ha Van Sieu said that Vietnam has resumed visa exemption for those from ASEAN countries, thereby helping people in the region travel easily. Its Government has also supported tourism businesses to reconnect with … [Read more...] about Vietnam promotes tourism to ASEAN market

Bac Lieu wind power plant assessed to contribute importantly to reducing impacts of climate change. (Photo: VNA) Hanoi (VNA) - The Ministry of Industry and Trade recently issued the sector’s action plan on climate change response and green growth to 2030, with a vision to 2050. Accordingly, the ministry considers climate change response an important and long-term task, and the achievement of the net zero emissions an opportunity to develop towards a low-carbon direction in accordance with national conditions and international trends. Measures to respond to climate change will be included in strategies for the development of the industry and trade sector. Illustrative image (Photo: VNA) This move aims to ensure the flexible adaptation to short-, medium- and long-term impacts of climate change, as well as the sector’s stable development and growth. These actions will also minimise losses caused by natural disasters, and consequences of extreme weather and … [Read more...] about MoIT acts in response to climate change

The Deputy Minister of Vietnam’s Ministry of Culture, Sports and Tourism hopes Vietnam will soon welcome ASEAN delegations to attend major tourism events in Vietnam this year. In 2023, ASEAN member countries will enhance the promotion of tourism projects, further facilitate the connection between   ASEAN destinations, and strengthen joint promotion activities in key markets and within ASEAN. Deputy Minister of Vietnam’s Ministry of Culture, Sports and Tourism (MOCST) Doan Van Viet gave his proposal at the 26th Meeting of ASEAN Tourism Ministers, which is taking place in Yogyakarta, Indonesia, within the framework of the ASEAN Tourism Forum (ATF 2023). Ministers of ASEAN member countries attend the event. Photos: TITC MOCST’s Deputy Minister Doan Van Viet hoped that ASEAN members would soon remove entry requirements related to Covid-19. He said  Vietnam  welcomes ASEAN delegations to attend major tourism events in Vietnam this year, including the VITM … [Read more...] about ASEAN strengthens joint promotion activities for tourism recovery

Bao Ngoc, a 21-year-old student in Hanoi, said he and his group of 20 friends had been loyal Zenly users for 3 years. But the 10-year-old app, which is owned by Snap, officially shut down on February 2. "The end of the app made our group disheartened, so we wanted to find a similar app to replace it," Ngoc said. Potential candidates include Whoo, BFF or iSharing, Ngoc said. Each of them have different functionalities, but all are similar to the now-defunct Zenly. However, the most popular location-tracking app in Vietnam at the moment is Whoo. Data from Google Trends revealed that the number of searches for the keyword "Whoo" has tripled since the end of January. Over the past week, Whoo has also ranked among the most downloaded apps on the App Store and Play Store. Whoo, developed by Japanese firm LinQ, was released on iOS in December last year, and then on Android in January. The app garnered over 100,000 downloads on the Play Store in just 10 days. Its interface and … [Read more...] about With Zenly gone, new location-tracking apps watch Vietnam

According to the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment (MPI), close to $1.7 billion worth of foreign capital poured into Vietnam last month. While this figure was down 19.8 per cent on-year, partly due to the timing of the Lunar New Year, January still saw positive signs. Some 153 new foreign-invested projects, valued at $1.2 billion, were granted licences, up 48.5 per cent in number and 3.1 times in value compared to the same period last year. “We can consider this a signal confirming the confidence of overseas financiers to expand their interests in Vietnam,” said Do Nhat Hoang, director of the FIA. This confidence is also reflected in the amount of new projects that were granted investment registration certificates or signed an MoU in the first month of the year. Bac Giang People’s Committee have granted several investment certificates and MoUs for a number of internationally funded projects with total registered capital of about … [Read more...] about Strong figures for FDI in January

Illustrative image (Photo: https://thaiembdc.org/) Bangkok (VNA) – A national committee on electronic vehicle (EV) policy of Thailand , also known as the EV board, on February 2 agreed in principle on a proposal to lower the excise tax on EV batteries from the current 8% to just 1% while offering a 24 billion THB (730 million USD) subsidy to the EV battery-producing industry. The subsidy will be on a first-come first-served basis, Thai Minister of Energy Supattanapong Punmeechaow said, adding that the subsidy should help reduce the prices of EV batteries and EVs overall, which will boost the country's EV-making industry. The amount of the subsidy on offer will depend on the size of the battery produced, Supattanapong said. A producer of an EV battery with less than 8-gigawatt hours (GWh) capacity will receive a subsidy of between 400 THB and 600 THB per kilowatt hour (kWh), while a factory making an EV battery of more than 8 GWh will receive between 600 THB and … [Read more...] about Thailand to reduce excise tax on electric vehicle batteries

The demand for Vietnam’s IP land rentals will sharply grow in 2023 thanks to policies promoting a return to investing in the Southeast Asian country. The industrial property segment is predicted to continue to be a bright spot in Vietnam’s real estate market in the coming years after reaching impressive growth in 2022, local insiders said. Benefiting from the ex isting land bank Many IP developers earn profit from developing IP projects. Photo: Cong Hung A recent report on the industrial real estate industry of VNDIRECT Securities predicted that by 2023, the net profit of listed IP developers is expected to grow by around 12% year-on-year. "We see more challenges for IP developers in the next two years due to the slow project approval process and limited funding sources. However, this is likely to turn into opportunities for developers that own ready-to-lease land banks, such as Becamex IDC Corporation (BCM)," the report noted. "We believe that … [Read more...] about Vietnam’s industrial property – promising segment in 2023

Being the heart of Vietnam, Hanoi has been promoting solid waste management while raising public awareness of environmental protection, helping the country reach the target of processing 96% of urban household waste in 2023. Hanoi has taken drastic measures to boost the management of solid waste, which has not met the requirements of environmental protection, according to Deputy Director of the municipal Department of Natural Resources and Environment (DONRE) Mai Trong Thai. Accordingly, the DONRE has issued a plan and taken action to strengthen the state management of solid waste in the capital city and raise the people’s awareness of the issue. Previously, solid waste management in Hanoi was handled by the Department of Construction and DONRE, resulting in overlapping functions. Therefore, the DONRE has assumed primary responsibility for solid waste management in the capital from January 1, 2023. He stressed that the DONRE undertook early in resolving the difficulties that … [Read more...] about Hanoi takes drastic action to handle solid waste

Vietnam remained the third largest seafood supplier to the Republic of Korea (RoK) last year with the country’s seafood market share as part of the RoK’s total imports reaching 10.2%, according to statistics released by the Korea Customs Service. Last year witnessed Vietnam spend US$6.47 billion on importing 1,595 million tonnes of seafood from 109 markets, duly representing a rise of 3.9% in volume and 12.7% in value compared to 2021’s figures. Vietnam remained the third largest seafood supplier to the Republic of Korea last year The RoK mainly increased seafood imports from Russia and Vietnam, while reducing seafood imports from markets such as Norway, the United States, and Peru. Vietnam was the third largest seafood supplier to RoK last year with 161,900 tonnes worth US$915.8 million, up 3.6% in volume and 15.3% in value compared to 2021. In the first half of the year, the RoK’s seafood imports are anticipated to continue slowing following the trend in the … [Read more...] about Vietnam remains third largest seafood supplier to RoK