Even a strong rebound in intra-ASEAN arrivals will not be able to prevent international tourism arrivals from sliding 50% to 70% for the full year. This represents a significant impact on a sector that has already seen the closure of thousands of operators with a worrying impact on jobs. However, aside from promotional activity, there is little that Vietnam can do until more international travel reopens. While some countries can promote domestic tourism to replace some lost earnings, with per capita GDP just three times the US$900 that a typical foreign tourist spends per trip, it will be challenging to bridge this gap if Vietnam just relies on the current local spending power. … [Read more...] about Emerging from the pandemic, Vietnam must position itself for recovery
Plays key role synonym
Addressing the event, Ambassador Le Thi Tuyet Mai, Permanent Representative of Vietnam to the United Nations, the World Trade Organisation (WTO), and other international organisations in Geneva, thanked GICHD President Barbara Hearings and the council members for their consensus to elect her to the council membership. … [Read more...] about Vietnam attends GICHD’s executive council meeting
A conference takes place in Ho Chi Minh City on June 22 HCM City is home to more than 2 million children, including nearly 11,400 living in difficulties. As a populous metropolis, the city has seen increasing numbers of street children and child beggars as well as cases related to child labor, abuse and delinquency, said Mai Thi Ngoc Mai, director of the HCM City Association for Protection of Children’s Rights. … [Read more...] about HCM City conference spotlights communications in protection of children’s rights
By international standards, Vietnam’s response to Covid-19 was early and drastic. The opposite end of the spectrum is represented by Sweden, which did not have a lockdown or even close its schools. While there is something to be said for keeping a country’s economy and education system running, Sweden did suffer 5,280 Covid-19 deaths. The question of which approach produces the best result will no doubt be the subject of research and continued public interest. … [Read more...] about How did Vietnam dodge Covid-19?
One significant factor is Vietnam’s GDP growth of 7.02 per cent last year, and 7.08 per cent in 2018, the highest rate since before the 2008 global financial crisis. With this growth, the country has been able to attract foreign direct investment (FDI) in virtually all sectors, making it an all-rounder for investors from manufacturing, clean energy, aviation, medicine, and pharmaceuticals to real estate, retail, wholesale, and many other vital sectors. … [Read more...] about American groups make progress across Vietnam