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Government bond is an important source of revenue for the state budget and supports the development of the capital market. The Vietnam State Treasury (VST) is expected  to raise VND400 trillion (US$17 billion) by issuing Government bonds via auctions at the Hanoi Stock Exchange (HNX) in 2023. Government bonds remain a key source for the state budget. Photo: Viet Dung Under the plan, the agency is set to issue bonds worth VND108 trillion ($4.6 billion) in the first quarter of this year. This would include bonds with five to seven-year maturity of VND8 trillion (US$341.5 million), 10-year maturity of VND45 trillion (US$1.9 billion), 15-year maturity of VND45 trillion (US$1.9 billion), 20-year maturity of VND5 trillion (US$213.2 million) and 30-year maturity of VND5 trillion (US$213.2 million). VST noted adjustments may be made to stay in line with the actual situation of the market and Gov’t expenditure needs, especially the disbursement progress of public … [Read more...] about Vietnam State Treasury to raise US$17 billion through Gov’t bonds in 2023

Bui Thanh Nhon, chairman of the board at Novaland The group's latest information was updated with a focus on comprehensive restructuring activities and consolidating a strong and experienced workforce for the incoming activities. According to the latest announcement, Novaland has adjusted the number of board members from seven to five members and re-elected others. Accordingly, Nhon was officially elected as chairman and legal representative of the group. According to the restructuring plan, Novaland will streamline the apparatus with a clearer separation and decentralisation to operate independently as well as clearly assigned rights and responsibilities between the board of directors, executive board, and each individual. With the support and advice of professional partners, Novaland is drastically and comprehensively restructuring the group with effective and focused management solutions ensuring the interests of related customers and stakeholders. Novaland has been … [Read more...] about Chairman re-elected at Novaland

He made the remarks at a press conference held within the framework of the ASEAN Tourism Forum (ATF)  2023 in the city of Yogyakarta, Indonesia, from February 2-5. Last year, Vietnam welcomed a total of 3.66 million foreign visitors, 23.3 times higher than the 2021 figure. In January 2023 alone, the number of foreign tourists to the Southeast Asian nation reached more than 871,000, up 44% year-on-year. The official said that Vietnam has a variety of tourism products. In addition to four main options, namely marine tourism, ecotourism, cultural tourism and urban tourism, it also boasts attractive complementary products such as luxury resort tourism, adventure tourism, wellness tourism, and golf tourism. Introducing Vietnam's tourism policy in the post-COVID-19 period, Mr. Ha Van Sieu said that Vietnam has resumed visa exemption for those from ASEAN countries, thereby helping people in the region travel easily. Its Government has also supported tourism businesses to reconnect with … [Read more...] about Vietnam promotes tourism to ASEAN market

Bali in Indonesia (Photo: travel.kompas.com) Jakarta (VNA) – Indonesia announced two tourism recovery strategies post COVID-19 on the sidelines of the 2023 ASEAN Tourism Forum (ATF) in Jakarta on February 2. Raden Wisnu Sindhutrisno, an official from the Ministry of Tourism and Creative Economy, said that one strategy is to launch two types of visas that make it easier for foreign tourists to visit. The first type is the Visa on Arrival which will be given to foreign tourists when they arrive in Indonesia. Meanwhile, the second is the Second Home Visa intended for foreign tourists or former Indonesia n citizens who want to live and contribute to the Indonesian economy. In addition, there are also visa exemptions for nine other member countries of ASEAN, namely Brunei, the Philippines, Cambodia, Laos, Malaysia, Myanmar, Singapore, Thailand and Vietnam . The second strategy to restore tourism and attract more tourists is through the Tourism Marketing Programme. … [Read more...] about Indonesia announces two post-pandemic tourism recovery strategies

A view of Tam Coc in the Trang An Landscape Complex of Ninh Binh . (Photo: VNA) Hanoi (VNA) – The northern province of Ninh Binh has been named among the 10 most welcoming regions in the world, one of the category of the Traveller Review Awards 2023 recently announced by Booking.com , a hotel booking app covering 228 countries and territories. Ninh Binh stands at the seventh position on the list, which also include La Rioja (Spain), Epirus (Greek), Oberosterreich (Austria), County Down (UK), Mures (Romania), Marlborough (New Zealand), Limon (Costa Rica), Newfoundland & Labrador (Canada), and North Dakota (US). Ninh Binh, 90 km southeast of Hanoi, has rich potential in cultural and spiritual tourism. It also boasts a charming natural landscape and many unique and amazing caves. Ninh Binh is home to the ancient capital of Hoa Lu during the reign of the Dinh Dynasty (968-980). With unique artistic, geological, geomorphic, and landscape values and traces of … [Read more...] about Ninh Binh – one of 10 most welcoming regions: Booking.com

The vibrance of Hanoi culture is inspiring young musicians – locals and expats alike – to take on electronic music as a new medium to search for the ‘soul’ of the city. Ever since he set foot in Hanoi during a short exchange program six years ago, Robin Marty, a French student majoring in marine science, has been captivated by the robust life brimming in every corner of the Vietnamese capital city. “You always see bunches of young girls and boys driving around on their cheap electric bikes gagging and shouting. Most people smile first, then talk," Marty wrote in a release note for his 2021 EP Tra Da (Iced Tea). “And it is not uncommon to see people randomly singing in the street, in a shop, on their balcony. “I feel like that’s something we have forgotten back home [in France]." Limebócx members perform at a music event at Hanoi Rock City in December 2022. Photo : Hanoi Rock City Yet, in the meantime, the allure of modernism is gradually taking over the … [Read more...] about Poetry in commotion: Young artists capture Hanoi’s spirit in electronic music