Progeny marketing innovations

Illustrative image (Photo: VNA) Hanoi (VNA) – The Ministry of Agriculture and Rural Development (MARD) is striving to increase the proportion of science , technology and innovation ’s contributions to the sector’s growth by over 50% by 2030 through research, transfer and application activities. The number of businesses engaged in innovation will account for 60% of the total working in the sector by 2025, and 85% by 2030. The sector will support the construction and development of at least 200 hi-tech agricultural enterprises nationwide, and 50-100 high-tech agricultural zones in the agro-ecological ones. BBFarm agricultural cooperative in Song Long commune, Son Hoa district, Phu Yen province (Photo: VNA) More efforts will be made to turn science, technology and innovation into a breakthrough to strongly develop Vietnam's agricultural economy; transform to a green and environmentally sustainable growth model; and improve productivity, quality, efficiency and … [Read more...] about Science, technology, innovation to contribute over 50% to agricultural growth by 2030

The Ho Chi Minh City Stock Exchange (HOSE) hosted a gong-beating ceremony on January 31, marking the first trading session of the Vietnamese stock market in Spring 2023. In her opening speech, Vu Thi Chan Phuong, chairwoman of the State Securities Commission (SSC), emphasised that 2022 marked a challenging year for the Vietnamese economy due to a range of internal and external factors. However, the national economy was able to record a series of impressive results, with GDP growth rate increasing by 8.02% and inflation kept in check, she said. Moving into 2023, she said the global economic and political landscape is anticipated to record plenty of complicated and unpredictable developments, and in such a context the securities sector will continue to fine-tune the legal framework and formulate policies in line with the actual development of the stock market. Phuong underlined the necessity of accelerating restructuring and swiftly putting the stock trading system … [Read more...] about First Spring 2023 trading session of stock market opens

In 2022, Ho Chi Minh City's industrial food production recorded a significant increase of 30.5 per cent on-year. However, the industry is facing many fresh challenges this year due to fluctuations in the global economy affecting export markets and a slowdown in economic growth. Phan Van Co, marketing director of Vrice Group, said, "Since the beginning of the year, the cost of materials for rice production has increased considerably, by 3-5 per cent. While the price of rice has increased in many countries around the world, it has not increased as it has in the Vietnamese market, making it difficult for Vietnamese rice exporters to compete." In 2023, industry and trade in Ho Chi Minh City will strive for an increase in the index of industrial production of 7.5 per cent; growth in the total retail sales of social consumer goods of 12 per cent; and a 10 per cent jump in exports, excluding crude oil, through the city's port. The targets were set while taking such difficulties as the … [Read more...] about Ho Chi Minh City food enterprises hope expansion is key

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency. - Vietnam pledges to actively participate in and contribute to the building of the Global Digital Compact (GDC) to promote the implementation of the United Nations’ 2030 Agenda, a Vietnamese representative told the first Informal Consultations on GDC in New York on January 30. The building of the compact is necessary to promote a safer, fairer and more developed digital world for all. Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN, said at the event. Read full story - Vietnam will participate in ASEAN Tourism Forum (ATF) 2023 themed “ASEAN: A Journey to Wonderful Destinations”, and the Travel Exchange (TRAVEX) trade fair in Yogyakarta, Indonesia from February 2 – 5, according to the Vietnam National Administration of Tourism (VNAT). At the forum, Vietnam will introduce tourism development, mechanisms and policies, tourism products and … [Read more...] about ☕ Afternoon briefing on January 31

Hanoi’s safety index is 62 on scale of 100 points. Statistics site Numbeo recently ranked Hanoi and Ho Chi Minh City (HCMC) fifth and 14th in the safety index among 20 cities in Southeast Asia, respectively. According to Numbeo's latest report, Hanoi's safety index is 62. The safety index of the southern Vietnamese metropolis was 47.4 points, as, according to the site, walking alone at night in HCMC "has a low level of safety". Numbeo is the world's largest database of user-contributed data on cities and countries around the world. It specializes in assessing the quality of life in the world's cities, including their safety rankings. The site calls itself the world's largest database on housing, crime, healthcare, traffic and cost of living in hundreds of cities. Foreign tourists on Hanoi’s street. Photo: Ho Ha/The Hanoi Times Numbeo defined safety as "safety walking alone in daylight" and "safety walking alone at night". It measured the level of … [Read more...] about Hanoi ranked 5th among safest cities in Southeast Asia

Despite the high demand for housing, the transaction volume stays low due to the high prices compared to people’s average income. The scarce supply of new projects remains a key factor keeping demand for housing high in Hanoi’s real estate market in 2023. Locals looking at a real estate project in Hanoi. Photo: Pham Hung/The Hanoi Times During the last months of 2022, transactions in the real estate market stayed in stark contrast to the previous boom period. Experts suggested that this was due to several laws regulating the market not being completed, coupled with a sharp decline in liquidity as a result of the government's direction to restrict credit flows in high-risk fields and tighter regulations on corporate bond issuance. The sharp drop in transaction volume and supply, coupled with the high demand for housing, means that prices continue to rise. Data from the Vietnam Association of Realtors (VARS) showed in the fourth quarter of 2022, Hanoi has … [Read more...] about Demand for housing in Hanoi forecast to rise in 2023

At the forum, Vietnam will introduce tourism development, mechanisms and policies, tourism products and services after the COVID-19 pandemic, and the message of Vietnam tourism through the slogan "Vietnam - Timeless Charm" and the campaign "Live fully in Vietnam." TRAVEX is one of the most important activities within ATF 2023, attracting the attention of international partners, businesses and tourists. It will feature exhibitions and symposiums. Vietnam’s booth at the exhibition will highlight the National Tourism Year 2023 in the South-central province of Binh Thuan. The events are expected to offer a good chance for the tourism sector to introduce Vietnam’s attractive destinations, and help travel agencies to seek partners, towards speeding up tourism recovery. ASEAN is one of the most dynamic tourism development regions in Asia and the Pacific. Most of ASEAN member countries consider tourism an important economic sector. According to data from the ASEAN Secretariat, in … [Read more...] about Vietnam to attend ASEAN Tourism Forum 2023 in Indonesia

The number of tourists choosing outbound tours accounted for 55% - 65% of the total domestic and foreign tours. This is an unexpected growth, according to tourism businesses. Nguyen Nguyet Van Khanh, director of Vietravel's marketing department, said that the company recorded a total of more than 47,000 tourists registered for Tet tourism, much higher than last year. This year, despite the effects of the pandemic, tourists are still excited about their plans to travel abroad because their favorite destinations have almost returned to normal and visa policies are also more convenient. Destinations such as Thailand, Japan, the Republic of Korea, Europe and the U.S. always attract many tourists. Some tourists even choose to pre-book foreign tours in March and April 2023. Similarly, travel companies such as Saigontourist, TST Tourist and Benthanh Tourist have had dozens of tourists going abroad during this Tet holiday. Tran Quoc Bao, Deputy General Director of Saigontourist … [Read more...] about 18,000 tourists spend USD 18.3 mln on outbound tours during Tet

Around 60 plays by artists from over 20 countries have registered to take part in the 3 rd International Experimental Theater Festival, which will be held from November 12-19 in Hanoi. Among the entries, 23 plays by artists from China, Japan, the Republic of Korea (RoK), Singapore, Hungary, Germany, France and Vietnam, among others have been selected to perform at the festival, which is co-organized by the Vietnam Stage Artists Association and the Performing Art Bureau (under Ministry of Culture, Sport and Tourism). The event provides an opportunity for domestic and international artists to exchange experiences and raise the level of expertise and artistic quality, said Meritorious Artist Le Chuc, Deputy Chairman of the Vietnam Stage Artists Association at a press conference on October 25 in Hanoi. Meritorious Artist Le Chuc, Deputy Chairman of the Vietnam Stage Artists Association, speaking at the press conference on October 23. Photo: sankhau.com.vn It … [Read more...] about Hanoi to host 3rd Int’l Experimental Theater Festival next month

Tourists enjoy performance at Sun World Ba Na Hills - a tourist attraction in the central city of Da Nang. (Photo: VNA) Hanoi (VNA) – A key for Vietnam to attract more foreign tourists at this time is to change its visa policy, said Chris Farewell, a member of the Tourism Advisory Board (TAB). Chris told Dau tu ( Vietnam Investment Review) that expanding the list of eligible visa waivers with a maximum stay of up to 30-45 days will be a big drive for foreigners who are planning a trip to Vietnam. TAB also proposed that e-visa should be expanded to all countries and domain name changed so that foreigners can recognise and find more easily when surfing the internet, he said. While Thailand offers visa exemption to citizens from 65 countries and territories with a stay of 30-45 days or even up to 90 days in some cases, Vietnam has not introduced any travelling incentives for visitors after reopening its border in March last year. Resuming tourism activities earlier than … [Read more...] about Visa policy change needed to further attract foreign visitors: tourism authority