Lunar new year korea

Rice export volume up but value falls The ministry said the total rice export volume and value in the first nine months of this year reached 5.2 million tonnes and $2.24 billion, respectively. The figures represented a rise of 5.9 per cent in volume and a drop of 9.8 per cent in value compared to the same period in 2018. Of which, Viet Nam shipped abroad 586,000 tonnes of rice in September for $251 million. The Philippines was the top market for Vietnamese rice in the first eight months of this year, consuming 1.76 million tonnes worth $720 million, 2.9 times higher in volume and 2.6 times in value over the same period last year. Strong growth was also seen in other markets, including Australia (75 per cent), Ivory Coast (nearly 35 per cent) and Hong Kong (nearly 35 per cent). The average rice price in the first eight months fell 13.8 per cent year on year to $435 per tonne. White rice led the way in the period, accounting for 47 per cent of total revenue, followed by Jasmine rice … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 14

Promoting cultural heritage values while developing tourism Thai Nguyen province is home to 17 intangible culture heritages. Local authorities and ethnic minority groups are exerting efforts to promote heritage values in combination with tourism development. The San Chay people of Phú Lương district traditionally celebrate Spring with the Tắc Xình dance. In 2018, the Tac Xinh dance was recognized as national Intangible Cultural Heritage by the Ministry of Culture, Sports and Tourisms. To uphold the cultural values of the heritage, Thai Nguyen’s provincial culture and tourism sector have taken measures to introduce the dance to visitors through festivals, turning it into an attractive tourism product. Currently in Thai Nguyen province, there are more than 800 historical and scenic sites, along with 17 intangible cultural heritage elements at a national level. Many of which have become tourist attraction, contributing to promoting their values such as the … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 14

  Customers choose tours at Vietravel. VNA/VNS Photo HCM CITY — Travel companies in HCM City are selling package tours for a seven-day Tết (Lunar New Year) holiday which starts on January 23 (or the 29th day of the last lunar month). The country’s most important holiday is expected to see a sharp increase in outbound tours with a wide range of new itineraries being offered for both family groups and individual travellers, they said. In mid-September Fiditour began marketing tours on the media, with a focus on visits to Europe, Australia and Bhutan. Trần Thị Bảo Thu, its director of marketing and communication, said most family groups of three or four prefer tours with high-quality services, including accommodation and food. Some prefer free and easy tours with only airline tickets and hotels booked, she said. White-collar workers aged 25-35 years plan well and usually take advantage of Tết holidays to go pleasure trips and … [Read more...] about ​​​​​​​Travel firms begin selling Tết tours

The orchestrators of the Most Notable M&A Deals and Advisory Firms who gave the market its momentum in 2018-2019, Photo: Le Toan The award picks have been chosen from a pool of ­prominent nominees for their notable accomplishments in business and service to the community, while the evaluation and selection of the nominees was completed by an independent judging panel. The contenders were then divided into ­categories under the umbrellas of Most ­Notable M&A Deals and Most Notable M&A Advisory Firms. The full list of winners will ­provide businesses and ­investors with a summary of the M&A activities that took place in Vietnam. Most Notable M&A Deals 2018-2019 * SK Group, Vingroup, and Masan In May, SK Group, through its investment arm SK Southeast Asia Investment, decided to invest $1 billion to acquire the shares of Vietnam’s leading privately-run conglomerate Vingroup. Accordingly, SK Group has agreed to purchase 154.3 million … [Read more...] about Vietnam’s M&A successes in spotlight

Billion-dollar smart city will express the spirit and vision of a new Hanoi Vietnamese developer BRG Group and Japan’s Sumitomo Corporation have officially announced their US$4.2 billion smart city project on the outskirts of Hanoi. Through a 50/50 joint venture, a whopping 270 hectares of land located some 20 minutes from the city will begin development early next year and is expected to be complete by 2028. The smart city will be state of the art in that it will employ Industry 4.0 technology such as the Internet of Things to ensure energy is conserved. It will also feature surveillance cameras that come with the capabilities to recognise faces together with AI. Reality a long-term vision Marking the first milestone of the North Hanoi Smart City Project just before the 65th anniversary of Hanoi’s Liberation on October 10, Nguyen Thi Nga, chairwoman of BRG Group said, “We build a smart city not for our generation, but for many Vietnamese generations of the future. … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 16