All ferry and speedboat services from the mainland to Phu Quoc City, an island off the coast of Kien Giang Province in southern Vietnam, have been suspended since Tuesday morning due to inclement weather conditions in the area. Ferry and speedboat trips bound for Nam Du, another island destination off the coast of Kien Giang from the provincial city of Rach Gia, are also subject to the suspension, the provincial Inland Waterway Port Authority said the same day. Meanwhile, the speedboat service from Rach Gia to Hon Son, an island off the province’s Kien Hai District, remains operational. Following the service suspension notice, a number of tourists and local residents gathering at a ferry terminal in Rach Gia at around 8:00 am the same day had to return home. Nguyen Thi Hoa, a native of Rach Gia who was among those affected by the service suspension, had initially planned to send fruits, mooncakes, rice, beans, and some other food necessities to Nam Du for her child, who runs a … [Read more...] about Ferry, speedboat services to Vietnam’s Phu Quoc suspended amid bad weather
Phu quoc in vietnam
IFC invests in Vietnam’s first local currency sustainability bonds
The International Finance Corporation (IFC), a member of the World Bank Group, announced on Tuesday that it is investing up to VND3.5 trillion (US$150 million) in Vietnam's first-ever local currency sustainability-linked bonds (SLBs) issued by BIM Land Joint Stock Company and its subsidiary, Thanh Xuan Joint Stock Company. The first local currency SLBs in Vietnam aim to help issuers expand their businesses while creating jobs, boosting competitiveness, and supporting the country's low-carbon growth model. IFC's investment comprises two subscriptions—over VND2.3 trillion (about $100 million) to be issued by BIM Land, a tourism and property developer in Vietnam, and nearly VND1.2 trillion (about $50 million) to be issued by Thanh Xuan Joint Stock Company. Both the issuers are subsidiaries of BIM Group, a multi-sector corporation in Vietnam. The proceeds will be used to develop the Thanh Xuan valley project in northern Vinh Phuc Province, including an eco-friendly and unique … [Read more...] about IFC invests in Vietnam’s first local currency sustainability bonds
Vietnam’s first local currency sustainability-linked bonds aim to boost economy
As the first local currency SLBs in Vietnam, they aim to help issuers expand their businesses while creating jobs, boosting competitiveness, and supporting the country’s low-carbon growth model. IFC’s investment comprises two elements, with about $100 million to be issued by BIM Land – a tourism and property developer in Vietnam – and approximately $50 million to be issued by Thanh Xuan JSC. Both the issuers are subsidiaries of BIM Group, a multi-sector corporation in Vietnam. The proceeds will be used to develop the Thanh Xuan Valley project in Vinh Phuc province, including an eco-friendly and unique residential community alongside a hotel complex (under the InterContinental brand), as well as other relevant services and infrastructure. IFC’s funding will also help the developers implement water- and energy-saving solutions at two BIM Land hotels – InterContinental and Regent – on Phu Quoc island. An innovative financing tool to support global sustainable development, these … [Read more...] about Vietnam’s first local currency sustainability-linked bonds aim to boost economy
2 men found taking others’ wallet, watch at Hanoi airport
Security officers at Noi Bai International Airport in Hanoi checked surveillance camera footage and detected a Vietnamese man taking a wallet and another picking up a watch dropped by other passengers at the airport before boarding flights to the south. At 10:00 am on Monday, J.V.R., 31, of Indian nationality, reported to the Noi Bai Aviation Security Center that he lost a wallet containing his identity papers and cash totaling VND1.45 million (US$59.4) at the T1 domestic passenger terminal while completing procedures for his flight to Phu Quoc Island off southern Kien Giang Province. Security personnel at Noi Bai International Airport checked the camera footage and found a man holding the wallet preparing to board a flight from Noi Bai to Can Tho City in southern Vietnam the same day. At Can Tho Airport, the man, who is Ha Van T., 53, residing in Dien Bien Province in northwest Vietnam, was detained. T. admitted to taking the wallet of the Indian passenger. The security … [Read more...] about 2 men found taking others’ wallet, watch at Hanoi airport
Hanoi Fall Festival 2023 captivates visitors with unique activities
The 2023 Hanoi Fall Festival program will take place from September 29 to October 1 at Hoan Kiem Lake walking street and Hanoi Children's Palace. The first Hanoi Fall Festival with the theme "Hanoi - Come to fall in love" will be held at Hoan Kiem Walking Space and Hanoi Children's Palace from September 29 to October 1, aiming to promote travel to the capital in Autumn, the season when Hanoi is considered to be at its best. The information was announced by Deputy Director of Hanoi Promotion Agency (HPA) Nguyen Thi Mai Anh at a press conference in Hanoi on September 20. Foreign tourists visit Hanoi's Book Street. Photo: Hoai Nam/The Hanoi Times According to Anh, this is the first iteration of an event showcasing Hanoi's culture and cuisine on Capital Liberation Day (October 10). The festival will feature 150 booths from people's committees in 10 districts of Hoan Kiem, Me Linh, Quoc Oai, Ung Hoa, Ba Dinh, Nam Tu Liem, Cau Giay, Dong Anh, Ba Vi and Gia … [Read more...] about Hanoi Fall Festival 2023 captivates visitors with unique activities
Hanoi Fall Festival 2023 to boost capital tourism
The 2023 Hanoi Fall Festival from September 29 to October 1 will bring visitors the beauty of Hanoi's landscape, culture and gastronomy. With a vast array of cultural and tourist activities, the Hanoi Fall Festival 2023 is expected to boost the capital's tourism industry, Nguyen Thi Mai Anh, Deputy Director of the Hanoi Promotion Agency (HPA), told The Hanoi Times . Foreign tourists enjoy the fall in Hanoi. Photo: Hoai Nam/The Hanoi Times What is the meaning and purpose of Hanoi Fall Festival 2023 with the theme "Hanoi - Come to fall in love"? Through surveys of tourists' experiences when coming to the capital, we have learned that the ideal time to travel to Hanoi is in the fall, from August to November every year, as this is the most pleasant period in Hanoi in terms of weather, with clear blue skies and fresh breeze. This is the best time for visitors to explore scenic spots and enjoy the capital's unique cuisine. In particular, CNN recently … [Read more...] about Hanoi Fall Festival 2023 to boost capital tourism