Local authorities will maintain inspection works at key areas, including Noi Bai International Airport, Yen Vien train station, ports, wholesale markets and shopping malls. Hanoi’s Steering Committee for Combating Smuggling, Commercial Fraud and Counterfeit Goods, known as Steering Committee 389, has announced its plan to intensify efforts to combat smuggling and trade frauds before, during and after the 2021 Lunar New Year holiday. Local authorities would maintain inspection works at key areas. Under the plan, the city’s Steering Committee 389 will enhance inspection works at key areas, including Noi Bai International Airport, Yen Vien train station, ports, wholesale markets, and shopping malls. The committee is set to mobilize personnel and resources to set up checkpoints at roads, railways, airports to prevent movement of smuggled, fake and low-quality products into the country. This is particularly important for the control of banned items or items that … [Read more...] about Hanoi intensifies efforts to combat smuggling and trade frauds ahead of Tet holiday
Lunar new year 2020
Thailand expects 20 million travelers during Songkran holidays
Prime Minister Prayut Chan-o-cha has ordered state agencies to prepare grand events and ensure safety with many foreign tourists expected to flock to one of the country's biggest festivals, Bangkok Post reported. Some 20 million people are expected to travel around the country between April 13 and 15 when the New Year is celebrated. The police have urged both Thai and foreign tourists to install their mobile app called "Tourist Police i lert u" to file complaints or call in an emergency. During Songkran, which falls in mid-April annually, crowds pack the streets for boisterous celebrations, which involves spraying water guns and hurling water off pick-up trucks. But to contain Covid, the government canceled celebrations for the last three years. … [Read more...] about Thailand expects 20 million travelers during Songkran holidays
Ho Chi Minh City hotels waiting for int’l guests
Although Vietnam reopened its door to international tourists over a year ago, small and medium lodging facilities in Ho Chi Minh City are still struggling to recover due to the small number of international visitors. Their largest source market is China while the number of guests from the northern neighbor remains modest, forcing many hotels to use their facilities for other purposes or stop leasing spaces. Shutdown, falling room occupancy In District 1, many hotels which used to be crowded with foreign travelers are now empty or have been replaced by other businesses. On Ly Tu Trong Street, a spacious hotel is being repurposed. The hotel is in a prime site, near Ben Thanh Market, Nguyen Hue Pedestrian Street, and Le Loi Boulevard, once favored by international tourists. Many 'House for Lease' signboards can also be seen along Bui Vien Walking Street and De Tham Street with many of them being hung in front of small, one- and two-star hotels. The director of a chain of … [Read more...] about Ho Chi Minh City hotels waiting for int’l guests
Balade en France gastronomic festival – Walking in France in the heart of Hanoi
Locals and visitors to Hanoi in mid-April will be able to immerse themselves in traditional French culture and enjoy exquisite dishes, fine wines, and fresh fruits from France. Vietnam's largest French food festival - Balade en France, or Walk in France - will hold a special edition from April 14 to 16, according to the French Embassy in Vietnam. The poster of the “Balade en France” Festival 2023 This year's festival will be co-hosted by the Embassy and the Hanoi People's Committee, following the success of its two previous editions in 2018 and 2020. It will occur at the Ly Thai To Square and the surrounding area, Speaking at the press conference on March 28, Nicolas Warnery, French Ambassador to Vietnam, said that this large-scale public event is part of celebrating the 50th anniversary of French-Vietnamese diplomatic relations, showcasing French gastronomy. "To celebrate the important milestone of diplomatic relations between Vietnam and France, which … [Read more...] about Balade en France gastronomic festival – Walking in France in the heart of Hanoi
US widens plywood trade remedy inquiry
Illustrated images. Photo: Le Toan The United States Department of Commerce (DOC) has now issued the sixth extension of the deadline to deliver final findings on the examination of evasion of anti-dumping and countervailing duties on plywood made from hardwood resources imported from Vietnam, according to the Trade Remedies Authority of Vietnam yesterday. The DOC launched a trade remedy into Vietnam's hardwood plywood goods on June 17, 2020, based on claims from the local manufacturing sector, to ensure the effectiveness of trade remedy implemented measures against China's hardwood plywood. On July 25, 2022, DOC published the preliminary results of its inquiry into the avoidance of trade remedies by Vietnamese importers of hardwood plywood. The preliminary finding of the DOC was that Vietnamese plywood with a core composed of peeled Chinese wood would be subject to the same anti-dumping and anti-subsidy taxes as Chinese plywood. Vietnam-origin plywood … [Read more...] about US widens plywood trade remedy inquiry
Compliance rate rise bodes well for listed companies
Around 68 per cent of listed public companies are complying with minimum legal requirements on independent directors, in which the lowest rate is 30 per cent in the automobile sector, and the highest rate is 100 per cent in banking. Compliance rate rise bodes well for listed companies, illustration photo/ Source: Shutterstock The information was provided in the ‘Independent Directors Survey of Public Companies in Vietnam’ report, compiled by FiinGroup and the Vietnam Independent Directors Association (VNIDA). The survey and the report have been carried out with the primary technical support from the International Finance Corporation through the SECO-funded Vietnam Integrated ESG Programme, and covered 544 companies that have disclosures on independent directors out of 769 companies listed on the Ho Chi Minh City and Hanoi stock exchanges. Under 2020 legislation guiding the implementation of the Law on Securities, a listed company’s board is required to have at least … [Read more...] about Compliance rate rise bodes well for listed companies
Vietnamese, Malaysian national news agencies can learn each other: BERNAMA leader
VNA Director-General Vu Viet Trang (R) and Bernama Editor-in-Chief Khairdzir Md Yunus exchange the professional cooperation agreement in March 2022 (Photo: VNA) Kuala Lumpur (VNA) – The national news agencies of Vietnam and Malaysia - Vietnam News Agency (VNA) and BERNAMA - can learn from each other as they move forward in the changing media environment, BERNAMA CEO Roslan Ariffin told VNA in Kuala Lumpur. Ariffin noted that the two news agencies signed their first news exchange agreement 40 years ago on December 8, 1982, which was renewed thrice in 1991, 2015, and 2022. The agreement has facilitated the flow of news between the two countries, providing the two peoples with ample information to enable them to have a correct perspective of developments in either nation, whether it is political, economic or social. The official said that the Malaysian national news agency had stationed a correspondent in Hanoi from January 1994 to March 1998 when it had to close its Hanoi … [Read more...] about Vietnamese, Malaysian national news agencies can learn each other: BERNAMA leader
US extends investigation of trade remedy evasion of Vietnamese plywood
The US Department of Commerce (DOC) has announced the sixth extension of the deadline for issuing its final conclusion on an anti-dumping and anti-subsidy tax evasion investigation into hardwood plywood imported from Viet Nam. — Photo congthuong.vn The Trade Remedies Authority of Viet Nam under the Ministry of Industry and Trade said that the US Department of Commerce (DOC) has announced the sixth extension of the deadline for issuing its final conclusion on an anti-dumping and anti-subsidy tax evasion investigation into hardwood plywood imported from Viet Nam. The final conclusion is expected to be issued on May 2. The Trade Remedies Authority of Viet Nam, said that previously, the DOC announced the preliminary conclusion of the case on July 25 last year. It said that plywood imported from Viet Nam into the US, which had a core using peeled board imported from China, would be subject to anti-dumping and anti-subsidy tax as applied to plywood imported from China. Plywood from … [Read more...] about US extends investigation of trade remedy evasion of Vietnamese plywood
Phu Quoc attracts international tourists thanks to superior visa policies
Phu Quoc Island is an ideal choice for travel and long-term relaxation, with a complete visa exemption policy for international visitors, a temporary stay of up to 30 days, a rich natural environment, and pleasant architecture. Phu Quoc is famous for its beautiful and dreamlike beaches. Foreigners and Vietnamese holding foreign passports benefited from a 30-day stay on Phu Quoc island exempt from requiring visas from July 1, 2020. Foreigners can enter Vietnam by air or sea and stay in transit and then transfer directly to Phu Quoc Island without requiring a visa. Hon Thom cable car, the longest of its kind in the world, is in the South of Phu Quoc island. As an isolated island located in the Gulf of Thailand, located off the southwest of mainland Vietnam, the means of transportation to Phu Quoc are very convenient with air, sea, and land routes. Tourists can use Phu Quoc International Airport Border Gate, Ha Tien International Border Gate, and … [Read more...] about Phu Quoc attracts international tourists thanks to superior visa policies
‘Bread King’ turns his sights to gelato
For the last few weeks GoGelato in Binh Tan District has been offering ice cream for free to gather feedback for the new products. Luc, an ethnic Chinese entrepreneur who became famous in 2020 for introducing dragon fruit bread , wants to use domestic fruits as the main ingredients to make ice cream. "I started learning how to make fruit ice-cream two years ago when I saw lots of fruits remaining unsold due to oversupply." While people are tightening their purse strings now due to inflation, Luc said the food business is recession-proof and consumption would recover soon. Luc started doing business in Vietnam in 1979 and has won many international awards for his breads. His chain supplies to major brands such as Starbucks, KFC, Lotteria, Jollibee and Domino’s Pizza. The Vietnamese ice cream market grew by 7% last year to VND4.3 trillion (US$182.94 million), with the three top players, Kido Group, Unilever Vietnam and Vinamilk, dominating with a combined 64% market share, … [Read more...] about ‘Bread King’ turns his sights to gelato