Investment in internal resources to accelerate Despite the industry’s long stagnation and disrupted supply chain, ITL keeps investing in new assets and upgrading its transportation fleet with 60 prime movers imported from UD Trucks, a Japanese truck company incorporated by Volvo and Nissan. This showed a sustainable development strategy, unaffected by external forces, and the solid financial potential of the leading logistics group in Vietnam. Huynh Minh Sang, branch manager of the Road Transport Centre and representative of ITL , gave his remarks at the handover ceremony for the prime movers “Investing in freight vehicles will help ITL strengthen its transportation capacity in the forthcoming time to approach large-scale projects and customers, including new foreign-invested enterprises with enormous potential,” said Huynh Minh Sang, branch manager at the Road Transport Centre and representative of ITL at the handover ceremony. After receiving these 60 new … [Read more...] about ITL accelerates investment post-pandemic
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PM urges US businesses to invest in tourism and trade in Vietnam
Prime Minister Pham Minh Chinh speaks at the conference (Photo: VNA) San Francisco - Prime Minister Pham Minh Chinh on May 17 (local time) attended a Vietnam-US trade, investment and tourism promotion conference themed ‘Rediscovering Vietnam’ in San Francisco. The conference, held by the national carrier Vietnam Airlines and two travel groups – Saigon Tourists and Thien Minh Group – to boost the cooperation between enterprises of the two countries and to introduce Vietnam to US friends and partners. Addressing the event, PM Chinh highlighted the development of the Vietnam-US ties, benefiting both countries and contributing to peace, cooperation and development in the world. The Government leader affirmed that economic, investment, trade and science-education cooperation is an important pillar in the bilateral relationship. In the very challenging year of 2021 due to the COVID-19 pandemic, two-way trade still reached 112 billion USD, accounting for nearly … [Read more...] about PM urges US businesses to invest in tourism and trade in Vietnam
PM urged US businesses to invest in tourism and trade opportunities with Việt Nam after COVID-19
Prime Minister Phạm Minh Chính addressed the conference 'Rediscovering Việt Nam' held in San Francisco on May 17 (US time). — VNA/VNS Photo SAN FRANCISCO — Prime Minister Phạm Minh Chính on May 17 (local time) attended the US-Việt Nam trade, investment, and tourism promotion conference themed ‘Rediscovering Việt Nam’ in San Francisco. The conference, held by the national carrier Vietnam Airlines and two travel groups – Saigontourist Group and Thiên Minh Group – to boost the cooperation between the enterprises of the two countries and to introduce the image of Việt Nam to US friends and partners. Addressing the event, PM Chính stressed Việt Nam’s consistent foreign policy of independence, self-reliance, diversification, multilateralisation, and commitment to be a good friend, a reliable partner, a responsible member of the international community; and the building of an independent and self-reliant economy associated with active, proactive, extensive international integration … [Read more...] about PM urged US businesses to invest in tourism and trade opportunities with Việt Nam after COVID-19
PM urged US businesses to invest in tourism and trade opportunities with Viet Nam after COVID-19
Prime Minister Pham Minh Chinh addressed the conference 'Rediscovering Viet Nam' held in San Francisco on May 17 (US time). — VNA/VNS Photo Prime Minister Pham Minh Chinh on May 17 (local time) attended the US-Viet Nam trade, investment, and tourism promotion conference themed ‘Rediscovering Viet Nam’ in San Francisco. The conference, held by the national carrier Vietnam Airlines and two travel groups – Saigontourist Group and Thien Minh Group – to boost the cooperation between the enterprises of the two countries and to introduce the image of Viet Nam to US friends and partners. Addressing the event, PM Chinh stressed Viet Nam’s consistent foreign policy of independence, self-reliance, diversification, multilateralisation, and commitment to be a good friend, a reliable partner, a responsible member of the international community; and the building of an independent and self-reliant economy associated with active, proactive, extensive international integration with substance and … [Read more...] about PM urged US businesses to invest in tourism and trade opportunities with Viet Nam after COVID-19
PM urged U.S. businesses to invest in tourism and trade in Vietnam
The conference, held by the national carrier Vietnam Airlines and two travel groups – Saigon Tourists and Thien Minh Group – to boost the cooperation between enterprises of the two countries and to introduce Vietnam to U.S. friends and partners. Addressing the event, PM Chinh highlighted the development of the Vietnam - U.S. ties, benefiting both countries and contributing to peace, cooperation and development in the world. The Government leader affirmed that economic, investment, trade and science-education cooperation is an important pillar in the bilateral relationship. In the very challenging year of 2021 due to the COVID-19 pandemic, two-way trade still reached 112 billion USD, accounting for nearly one-third of the total U.S. - ASEAN trade turnover. The U.S. is Vietnam’s second largest trade partner while Vietnam is the U.S.’ 9th largest, he noted, adding that trade between the two countries has contributed to making Vietnam one of the 20 largest import-export countries … [Read more...] about PM urged U.S. businesses to invest in tourism and trade in Vietnam
Vietnam, US plan several cooperative ventures
Vietnamese Prime Minister Pham Minh Chinh (L) meets with US President Joe Biden (Photo: VNA) Boost in tourism At the conference to promote investment, trade, and tourism between Vietnam and the US, the Saigontourist Travel Company signed a Memorandum of Understanding (MOU) on a comprehensive strategy with US and their Vietnam Airlines partners to promote two-way tourism cooperation. Commenting on the US tourist market, a representative of Saigontourist company said that this is one of the major tourist markets. Every year, the company welcomes and serves about 30,000 US tourists for tours into Vietnam by air and sea routes. According to the present schedule, in 2022 and 2023, the Saigontourist company is expecting to receive a total of 23 cruise ships, with an estimated number of 22,550 tourists from the US alone. According to Mr. Nguyen Huu Y Yen, General Director of the Saigontourist company, his company is currently focused on promoting a program titled "Vision Destination … [Read more...] about Vietnam, US plan several cooperative ventures