Randir Brar, a representative from travel agency Destinos India, told VnExpress International that the number of Indian visitors to Vietnam could see a big surge following the launch of direct flights. "The direct air routes will help cut traveling time between the two countries from 15 to six hours, making it easier for more Indians to travel to Vietnam and contribute to bilateral tourism," he added. India, with the second largest population in the world only after China, is considered one of the most promising tourism markets. Every year, around 25 million Indian tourists travel abroad and the figure has been rising in recent years, according to India’s tourism ministry. However, the number of Indian tourist arrivals to Vietnam remains modest compared to other Asian countries like China and South Korea. Just 130,000 Indians visited Vietnam in 2018, while neighboring Thailand received 1.5 million. China and South Korea remain Vietnam's top feeder markets with 4.9 … [Read more...] about Direct flight set to make Vietnam a top tourist destination for Indians
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Vietnam has made good progress in human development, with an average annual Human Development Index (HDI) growth of 1.36 per cent during the 1990-2018 period. A group of ethnic minority women in the mountainous district A Luoi in the central province of Thua Thien-Hue receive training on making brocade products commercially, as part of a programme by Vietnam Rural Industries Research and Development Institute and USAID aiming to promote sustainable development in the area. VNA/VNS Photo Ho Cau This places Vietnam among the group of countries with the highest HDI growth rates in the world. This is one of the key finding of the 2019 Human Development Report, released on Monday by the United Nations Development Programme (UNDP) entitled “Beyond income, beyond averages, beyond today: Inequalities in human development in the 21st Century.” Addressing the report launch in Hanoi, UNDP Resident Representative Caitlin Wiesen said the 2019 Human Development Report disclosed … [Read more...] about Vietnam makes progress in human development: experts
Production of electronic components at TPR Vietnam Co. Ltd at the Việt Nam-Singapore Industrial Park II (VSIP II) in the southern province of Bình Dương. — VNA/VNS Photo Hải Âu HÀ NỘI – There are nine key tasks that must be accomplished in 2019-20 to restructure Viet Nam’s economy, according to the Minister of Planning and Industry Nguyễn Chí Dũng. Minister Dũng told the National Assembly on Monday afternoon that the Government needed to improve the mechanisms of the market-oriented economy to restructure the economy. Private companies and people must be empowered and given more incentives and reductions in taxes and administrative procedures to nurture their business development, he said. Secondly, a competitive market must be built on two main pillars: better allocation of resources for the private sector and better practice of property rights, Dũng said. In addition, the Government has to … [Read more...] about NA talks key tasks for next stage of economic growth
Vingroup JSC is looking to raise as much as $2 billion from the listing of its residential property business in what could be Vietnam’s biggest initial equity offering, sources familiar with the matter said on Tuesday. The fund raising, double than what sources had estimated last month, comes as foreign and local investors pour money into the country, attracted by a strong economic growth and a slew of sales by state-owned and private companies. A couple of units of Vingroup are keen to sell down and raise funds through the equity offering, said two sources, who did not want to be named as they were not authorized to speak about the matter as the details are private. Vingroup, Vietnam’s biggest property developer, expects to kick off roadshows later this month and price the equity offering in mid-March, the sources said. Vingroup declined to comment on the share sale but said in a statement earlier in the day that Vinhomes filed an application this month to list its shares … [Read more...] about Vingroup could raise as much as $2 billion in Vietnam’s biggest share sale: sources
Three young Vietnamese women were lauded for their effort by former U.S. First Lady Michelle Obama when they met in the southern province of Long An on Monday. The meeting at Can Giuoc High School in Long An was part of Obama’s trip to Vietnam with American actress Julia Roberts to spotlight girls’ education on behalf of the Obama Foundation’s Girls Opportunity Alliance. They were joined by Vietnamese-American actress Lana Condor, Vietnamese actress Ngo Thanh Van, American news personality Jenna Hager, and American actress Liza Koshy. A video published on Michelle Obama's verified Facebook account on December 9, 2019 about her trip to Long An, Vietnam the same day. At the event, Obama and Roberts listened to the life stories of the Vietnamese women who were the scholarship winners of Room to Read, a program that works to help female students pursue education. The former first lady praised the young women for their effort in overcoming hardship in life to gain … [Read more...] about Who are the women Michelle Obama praised in Vietnam?