Many workers preferred factory workers to domestic service

After being knitted, mats are dried under the sun in Long Dinh Mat Knitting Village in Tien Giang province’s Chau Thanh district. (Photo: VNA) Tien Giang (VNS/VNA) - The Mekong Delta province of Tien Giang aims to preserve and develop its 13 recognised traditional craft and craft villages. One or two of them will be developed in combination with tourism by 2025 under a plan unveiled by the province People’s Committee to develop craft villages in 2023-30. The five traditional craft villages and eight craft villages make various products such as vermicelli, rice paper, seafood, mats, bamboo knitting products and wooden furniture. The Long Dinh Mat Knitting Village in Chau Thanh district, for instance, has been operating for nearly 70 years and produces patterned sleeping mats with high quality and beautiful designs. Its mats are well-known in the delta. The plan envisages 70% of the villages functioning efficiently by 2025, around 80% of their workers being … [Read more...] about Tien Giang province rolls out plan to preserve craft villages

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

Accor Vietnam intends to double the number of international-standard hotel s in Vietnam. - Illustrative image (Photo: baodautu.vn) Hanoi (VNA) - Accor Vietnam and IHG Hotels & Resorts – the world’s leading hotel businesses operating in Vietnam announced that they intend to double the number of international-standard hotels in the Southeast Asian nation in the next five years. Representatives of Accor and IHG said Vietnam is a very attractive country to invest in, and foreign investment has been quite robust over the past few years. There is huge potential for developing the hotel sector in the Southeast Asian nations. Xavier Cappelut, Vice President of Operations of Accor Vietnam, said the firm has plans to welcome 41 more hotels and resorts in its chain in Vietnam within the next five years. The hotel market received a great number of domestic visitors from the first half of 2022 due to the loosening of pandemic regulations, he said, adding that the demand has … [Read more...] about World’s leading hotel groups to double down on investment in Vietnam

Airports across Vietnam handled more than 9.8 million passengers in January, an increase of 13.8% compared to the previous month, according to the Civil Aviation Authority of Vietnam (CAAV). Of the total, the number of international passengers reached 2.3 million, a 10% rise month on month, while the number of domestic passengers was 7.5 million, an increase of 15% month on month. Noi Bai International Airport on January 16, one week before the celebration of Lunar New Year (Tet) festival. (Photo: VNA) Domestic airlines carried 4.85 million passengers, up 13.4% including 1.1 million international passengers and 3.75 million domestic ones. About 112,000 tonnes of cargo were handled at the airports in the first month of 2023, up 11.6% compared to December 2022. During the 7-day Lunar New Year (Tet) holiday, airports across the country served more than 1.9 million passengers, an increase of 58%, and more than 7,600 tonnes of cargo, down 11.6% compared to the same … [Read more...] about Vietnam’s airports serve more than 9.8 million passengers in January

It will not be easy to keep inflation at 4.5% this year as targeted, economic expert Nguyen Bich Lam, former General Director of the General Statistics Office (GSO), has said. Inflationary pressure for Vietnam's economy in 2023 is "huge" and comes from many factors, he said in an interview with the Vietnam News Agency (VNA). People queue up at a petrol station in Hanoi. (Photo:VNA) The demand-pull and cost-push inflation will put pressure on the country's efforts to control inflation amid surging demand and strengthening of the US dollar which yields increased import prices. Demand for petrol and electricity – the two important commodities for production and consumption – will increase in 2023. The domestic electricity price has been kept unchanged for the past few years, while the price of coal and gas used in the production of electricity has increased, he said, noting that thermal and gas power account for a large proportion of the total generated electricity. … [Read more...] about Vietnam faces huge inflationary pressure in 2023: expert

Deputy Prime Minister Vu Duc Dam pays homage to heroic martyrs at the Kim Son martyr cemetery in Gia Lam district, Hanoi, on May 20 (Photo: VNA) Hanoi (VNA) – The first portal on war martyrs, war martyrs’ graves and cemeteries nationwide is set to make debut this July, expected to facilitate the public’s access to relevant information and search for the graves of their relatives who laid down their lives for the sake of the country. Deputy Prime Minister Vu Duc Dam paid homage to heroic martyrs at the Kim Son martyr cemetery in Gia Lam district, Hanoi, and examined the portal building progress on May 20. He said the database of martyrs and their graves has been compiled on paper by the Ministry of Labour, Invalids and Social Affairs (MOLISA) and the Ministry of National Defence. However, there haven’t been any ways to identify hundreds of thousands of graves that lack information. With a widespread network of more than 12,000 transaction points and 43,000 post office … [Read more...] about Portal on war martyr-related information to open in July

A court in Japan has sentenced a Japanese man to life imprisonment for murdering and robbing a Vietnamese woman in early April last year. The defendant, 60-year-old Toshiie Yamaguchi, received the jail term at his trial opened at the Osaka Court in western Japan on Friday last week, according to the Vietnam News Agency . The victim was Vo Thi Le Q., a Vietnamese national who was killed at age 31. Yamaguchi was charged with murder and robbery, and concealment of the body of Q., according to the court’s judgment. Q. was a part-time employee of a lunch box restaurant located on the first floor of a building in Osaka’s Yodogawa District, while Yamaguchi was a local office worker. The woman had lived in Japan for five years after graduating from a university in Vietnam, according to her husband, also a Vietnamese. On April 3 last year, after Q. was reported missing by her relatives, police came to the building for investigation and then discovered Yamaguchi lying unconscious … [Read more...] about Japanese court gives life term to murderer of Vietnamese woman