Quotes about open doors

Lack of passengers is likely to be one of the biggest challenges facing Vietnam Airlines if it opens direct flights to the U.S., according to the Civil Aviation Administration of Vietnam (CAAV). Up to 90 percent of passengers flying between Vietnam and the United States are tourists and Vietnamese students, said the CAAV, explaining that they are not a stable source of passengers for the airline. The number of Vietnamese students in the U.S. increased for the 16th year in a row to more than 22,400 in the 2016-2017 academic year, a 5 percent increase from the previous year, new data shows. Vietnam remained the sixth leading economy of origin for all international students in the U.S, according to the annual Open Doors report by the U.S.-based Institute of International Education, which focuses on international student exchange and aid, foreign affairs and international peace and security. Another reason non-stop flights to the U.S may be unprofitable is that students and tourists often … [Read more...] about Vietnam Airlines concerned about losses from first direct flights to US

Vietnam is expected to take advantage to increase exports to the EU, its biggest market, starting in the new year when a revised tariff preferences scheme will take effect. Following changes to the bloc's Generalized System of Preferences (GSP) for developing countries most in need, tariffs on all imports from Vietnam will be lower or waived. The current GSP, in effect since 2009, limits the number of items given import tax breaks. At the same time the number of countries to benefit will be reduced to 89 from the current 176, comprising 49 least developed and 40 low and lower-middle income nations. Vietnam, with an average income of US$1,555 last year, falls in the latter category. Analysts said the change means many export items from Vietnam, especially footwear and bags, would benefit. Several EU member countries imposed anti-dumping charges of around 10 percent on the two items a few years a go to protect local struggling industries, they said. Dau Tu newspaper quoted Deputy … [Read more...] about EU’s amended tax system to open door wider to Vietnam exports

Qatari Diar is undertaking various real estate development projects in joint ventures with local governments in Vietnam. '"There have already been agreements on mutual co-operation and steps are being taken to work on the projects,'" Phan said. … [Read more...] about Qataris open door to property opportunities