Hanoi (VNA) – Tran Quoc Vuong, Politburo member and permanent member of the Secretariat of the Communist Party of Vietnam Central Committee, on February 24 hosted a reception for Takebe Tsutomu, Special Advisor to the Japan-Vietnam Friendship Parliamentary Alliance (JVFPA). He lauded Takebe, in his capacity as Secretary General of Japan’s Liberal Democratic Party and JVFPA President in the past and JVFPA Special Advisor at present, for his contributions to boosting relations between the two countries. The Vietnamese Party and State always regard Japan as Vietnam’s leading, long-term partner, Vuong said, expressing his hope that Takebe and the alliance will contribute more to bilateral cooperation areas such as personnel development. He called on Japan to help Vietnam develop energy, support industry, manufacturing and high technology, while strengthening collaboration in agriculture, labour and tourism, people-to-people exchange and partnerships between … [Read more...] about Japan a leading, long-term partner of Vietnam: Politburo member
Long term contract
- Quan Trong Thanh: For the long term, both VJC and HVN will be good as the demand for air travel will pick up again. But the profit margin will get narrower as the market will see new entrants in the coming time. Even before the coronavirus erupted in Wuhan (the epicenter of the Covid-19 outbreak), we did observe a slowdown of earnings expansion or even a retreat of transportation business of the fastest growing airline VJC. HVN's earnings were uneven. Share prices would recover after the coronavirus is put under control. Right now, we see little or no sign of share prices edging up in the medium term. The coronavirus will leave the biggest impact on the tourism-related sectors. … [Read more...] about Despite epidemic, Vietnam stock market remains resilient
According to the report, when elderly people choose a place for their sunset years, the cost of food and accommodation are both significant factors but not the deciding ones. The ideal place for retirees must be where they can live happily with their friends, without any pressure. … [Read more...] about Second home in the South – an ideal destination for the elderly
In terms of retail, smaller, clean and nearby shopping places like street shops, minimarkets and convenience stores are being temporarily favoured against wet markets or larger super- or hypermarkets. In addition, the number of transactions for online shopping and home delivery has significantly increased. … [Read more...] about What effect will COVID-19 have on Vietnam’s FMCG market?
The COVID-19 epidemic has impacted the development of tourism in many countries, including Vietnam. In the past two months, the room occupancy rate at hotels and resorts nationwide had fallen 20-50 per cent in comparison with the same period last year, according to Vu The Binh, vice chairman of the VITA. … [Read more...] about Vietnam tourism to recover after COVID-19