Travellers ride Citadines bikes around Ha Long Bay. — Photo from the Ascott Vietnam. The Ascott Vietnam has launched lined-up offers up to 35 per cent off for all travellers this year. The Ascott Limited (Ascott), a wholly owned subsidiary of CapitaLand Investment Limited, with the mission of becoming the leading international lodging owner-operators in the serviced apartment and hospitality industry, is offering promotions at most of its serviced apartments - hotels, from Ha Noi, Hai Phong, to Nha Trang, HCM City, and Binh Duong. It says guests can celebrate the glorious echoes of April - the month of the National Holidays while unwinding in comfort at Ascott’s properties across the country. They can explore Viet Nam’s glorious history on inclusive day-tour to top historic attractions in Ha Noi and HCM City and enjoy up to 40 per cent off. It also introduces a Sunny Side-up offer with up to 25 per cent off at seven premier hotels and serviced residences including scrumptious … [Read more...] about The Ascott Vietnam unveils “hotter than the sun” offers
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Vietnam calls for U.S. support in digital transformation
The Vietnamese Ministry of Information and Communications, at a working session on Wednesday with the U.S.-ASEAN Business Council (USABC) and representatives from many U.S. enterprises, called on U.S enterprises to support Vietnamese enterprises, especially SMEs, in digital transformation. Following a working session with Vietnamese Prime Minister Pham Minh Chinh, the USABC and U.S. enterprises, who are in Vietnam to seek cooperation, investment, and business opportunities, held a meeting with the Vietnamese Ministry of Information and Communications. A view of the working session between Vietnamese Prime Minister Pham Minh Chinh and the U.S.-ASEAN Business Council. Photo: Duong Giang / Tuoi Tre USABC President and CEO Ted Osius took time from the meeting to share his appreciation for the potential of Vietnam’s digital economy. According to Osius, U.S. enterprises are paying attention to the Southeast Asian country’s policies aimed at boosting the digital economy, … [Read more...] about Vietnam calls for U.S. support in digital transformation
Vietnam a major destination for Cambodian tourists
The number of Cambodian travelers entering Vietnam is on the high rise, with the primary purpose of these visits quickly shifting from medical tourism to vacation tourism. Vietnam currently welcomes over one million Cambodian tourists each year – a figure which has surged since the end of the COVID-19 pandemic. Still, many local travel firms claim the number of Vietnamese companies offering tourism geared toward Cambodian tourists remains limited. Extended stays According to Pham Ngoc Ha, deputy general director of Saco Travel Company, her firm has been facilitating travel for scores of weekend travelers from the Cambodian provinces which border Tay Ninh Province in southern Vietnam. Popular tourism attractions for these visitors were local pagodas and Ba Den Mountain in Tay Ninh. Prior to the COVID-19 pandemic, many of these tours lasted just one day. Now more and more Cambodian tourists are opting for four-day, three-night tours to Ho Chi Minh City and other major … [Read more...] about Vietnam a major destination for Cambodian tourists
Vietnam to raise air ticket price cap
The maximum airfare on four out of five flight distances will rise in the second or third quarter, according to a recent price report of the Ministry of Finance. The biggest increase will be 6.67% (to VND4 million or $170) for one-way tickets on flights of 1,280 kilometers (Hanoi to Phu Quoc Island) and longer. Flights between 1,000 and 1,280 kilometers will see their ticket cap price rise 6.25% to VND3.4 million. Flights of smaller distances will see their maximum price rise by between 2.27% and 3.58%. Flights under 500 kilometers will see no ceiling change. Their prices will remain at a maximum of VND1.7 million per one-way ticket. The cap price increase will likely bring Vietnam’s 2023 Consumer Price Index up by 0.07% points. Earlier this year, Vietnam Airlines and Bamboo Airways proposed increasing the cap ticket price to take into account rising in costs. The airfare price cap was last increased in 2015. By November last year, fuel costs had surged more than 80% … [Read more...] about Vietnam to raise air ticket price cap
Vietnam becomes favourite destination for Cambodian tourists
Visitors arrive at Moc Bai border gate in Tay Ninh province. Illustrative image (Photo: tuoitre.vn) Hanoi (VNA) – The number of Cambodian tourists coming to Vietnam has increased significantly, Tuoi tre (Youth) newspaper, citing statistics of travel agencies. Vietnam mainly for medical services, but over several recent years, the inflow of middle-class visitors from the neighbouring country to Vietnam for tourism purpose has been rising, especially after the COVID-19 pandemic was put under control. The central beach city of Da Nang, the ancient town of Hoi An, Da Lat – the city of thousand flowers in the Central Highlands region, Nha Trang, Vung Tau and the “Paradise Pearl Island” of Phu Quoc are some of top favourite destinations among Cambodian tourists. Tran Quoc Thinh, director of Tay Ninh province’s Tourism Promotion Centre said Cambodia is a traditional tourism market of Tay Ninh, which shares a 240-km border with Cambodia’s Svay Rieng, Prey Vieng and Tboung Khmum … [Read more...] about Vietnam becomes favourite destination for Cambodian tourists
Vietnam, Laos hold 3rd defense policy dialogue
Vietnamese Deputy Defense Minister Senior Lieutenant General Hoang Xuan Chien and his Lao counterpart Lieutenant General Vongkham Phommakone co-chaired the event. At the dialogue, the two sides shared a common perception on the impacts of regional and global situations, the rise of non-traditional security challenges, major power’s growing competition for influence in Asia-Pacific. They agreed that in that context, ASEAN has continued to promote its centrality in the region, enhance dialogues and cooperation among ASEAN member states and other partners for regional peace and stability. The two sides spoke highly of the outcomes of their bilateral defense cooperation over the past time, especially the successful organization of nearly 30 big and meaningful activities in the Vietnam - Laos, Laos - Vietnam Year of Solidarity and Friendship in 2022. They also praised the two sides’ agencies and units for their great efforts and close coordination to fulfill the cooperation plan for … [Read more...] about Vietnam, Laos hold 3rd defense policy dialogue
Enhanced dengue prevention measures needed as cases rise
A dengue fever patient receives treatment. (Photo: suckhoedoisong.vn) Hanoi (VNA) - The Ministry of Health reports that the number of dengue fever cases across the nation has increased 2.3 times in the first two months of 2023 compared to the same period last year, with southern and central provinces being hit the hardest. In response to the growing crisis, the ministry has issued a directive to the people's committees of provinces and cities to implement preventative measures before the peak months of 2023. The directive urges localities to disseminate information on dengue fever and organise activities for the ASEAN Day of Dengue Prevention and Control. Additionally, relevant agencies and the medical sector have been assigned to carry out campaigns on environmental sanitation and larvae eradication, ensuring that households in epidemic and at-risk areas are regularly monitored for mosquito's breeding grounds such as water tanks and waste bins. To facilitate early … [Read more...] about Enhanced dengue prevention measures needed as cases rise
Shares rise on foreign buying
A corner of Vinamilk (VNM) Tay Ninh dairy farm. VNM rose 1.2 per cent on Thursday. — Photo Vinamilk Local shares rose for a third day, buoyed by foreign trading and the positive performance of oil and bank stocks. On the Ho Chi Minh Stock Exchange, the VN-Index rose 0.44 per cent to close Thursday at 1,045.10 points. Market breadth was negative with 179 rising stocks and 195 losing ones. Nearly 431 million shares worth VND7.8 trillion (US$332 million) were traded on HCM City’s bourse. On HOSE, foreign investors were net buyers with a value of approximately VND336 billion. Vinhomes (VHM) was the strongest net bought with a value of VND89 billion. This is also the third session in a row that this real estate code has been purchased the most by foreign investors on HOSE. Hoa Phat Group (HPG) ranked next on the list with VND80 billion. Foreign investors also net bought Vinamilk (VNM) and SSI Securities Inc (SSI) with the value of VND68 billion and VND32 billion, … [Read more...] about Shares rise on foreign buying
Phu Quoc, ideal tourist destination with special visa exemption
Superior visa policy Foreigners can enter Vietnam by air or sea, stay in a transit area and transfer to Phu Quoc to get this visa exemption. This is the only place that meets the conditions required for visa waiver: It has an international airport, has a definite geographical boundary, is separate from the mainland and so having foreigners does not jeopardize Vietnam's defense, security, social order, or safety. Hon Thom, the world's longest cable car, is on the south of Phu Quoc. Photo by Anh Duong Transportation to the place is convenient by air, sea and land, and visitors can enter and exit through three international border gates: Phu Quoc International Airport Border Gate, Ha Tien International Border Gate and Duong Dong Port International Border Gate in Phu Quoc. There are many daily flights to Phu Quoc from India, Korea, Thailand, and Malaysia... Tourists can easily travel by taxi and bus. People who have bought tickets to Sun World Phu Quoc will get … [Read more...] about Phu Quoc, ideal tourist destination with special visa exemption
High pedestal to reach for 2023’s growth ambitions
High pedestal to reach for 2023’s growth ambitions Vietnam’s economic growth is projected to ease to 6.3 per cent in 2023 from a robust 8.02 per cent last year, as services growth moderates and higher prices and interest rates weigh on households and investors, according to the World Bank’s latest Taking Stock report released last week. Growth is expected to pick up to 6.5 per cent in 2024 as the economies of Vietnam’s main export markets gain strength, the report said. The outlook for Vietnam reflects heightened uncertainty in the global economy. Downside risks include weaker-than-expected growth in Vietnam’s major export markets, which include the United States, China, and the Eurozone, tightening financial conditions, higher domestic inflation, weaknesses in the balance sheets of corporate, banking and household sectors, and financial sector vulnerabilities. The Vietnamese government has set a target that GDP will increase 5.6 per cent in Q1, 6.7 per cent in Q2, 6.5 per … [Read more...] about High pedestal to reach for 2023’s growth ambitions