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Specifically, Hoi An in the Central province of Quang Nam occupied the second place on the list as part of the annual Travelers' Choice Best of the Best Awards, following Cuba, while the southern metropolis secured 11th place. The category reveals destinations with the greatest year-over-year growth in interest on Tripadvisor based on travelers' reviews over a 12-month period between November 1 and October 31. "Hoi An on the central Vietnamese coast is a well-preserved example of the important Southeast Asian trading port it was from the 15th-19th centuries," Tripadvisor commented. "Already a common stop for backpackers, it is becoming better known to tourists." Meanwhile, Vietnam's bustling largest metropolis of Ho Chi Minh sets the cultural and economic pace for the country, Tripadvisor said, adding the former Saigon boasts charming French colonial architecture and wide boulevards. The U.S.-based travel site advised tourists to visit the War Remnants Museum at 28 Vo Van Tan … [Read more...] about Hoi An, Ho Chi Minh City among world’s top 25 trending destinations in 2023: TripAdvisor

Vietnam has to deal with one major external challenge and two internal ones, Dr Pham Sy Thanh, Director of the Chinese Economic Studies Program under the Vietnam Institute for Economics and Policy Research, told the Vietnam News Agency. The external challenge is a strong decline in demand for Vietnamese exports. Many export sectors with revenue of over 1 billion USD like wood and apparel recorded their earnings in October and November 2022 falling 30 - 40% year on year and month on month. This indicates that foreign markets are no longer open or attractive enough for exports in 2023. Export contraction will have a huge impact on many social issues, especially lay-offs, job shortages, and unemployment in industrial parks, he pointed out. Among internal challenges, the first is that the handling of wrongdoings in the bond market and the banking system has caused serious disruptions and congestion of the capital flow. Meanwhile, the cost of capital is one of tough barriers to … [Read more...] about Intertwined opportunities, challenges for Vietnam’s economy in 2023

Phnom Penh (VNA) - The ruling Cambodian People’s Party (CPP) opened its extraordinary national congress at its headquarters in Phnom Penh on January 28. According to CPP spokesperson Sok Eysan, on the first day, following an opening speech of CPP Honorary President Samdech Heng Samrin , participants will review the party's work in the 2018-2023 period and sketch out directions and tasks for 2023. The congress's agenda also includes CPP policies in national construction and defence in the 2023-2028 period and tasks for the general election slated for July 23. CPP President and Prime Minister of Cambodia Samdech Techo Hun Sen will address the event. Earlier, in a speech at a graduation ceremony of Western University in Phnom Penh, CPP President Hun Sen said the extraordinary congress is held to build a policy framework for the 2023-2028 period, with the participation of district officials who will give their opinions on policy directions of the party in the next five … [Read more...] about Cambodia’s ruling party opens extraordinary national congress