Vietnam attracted 2.7 million foreign tourists in the first quarter of this year, representing an on-year rise of 29.7 times. According to the General Statistics Office (GSO), Vietnam welcomed 895,400 foreign arrivals in March, raising the country’s total number of foreign visitors to 2.7 million. However, the figure only accounted for 60 percent of the first quarter of 2019 pre-Covid-19-pandemic. Foreign tourists in Vietnam Vice Chairman of the Vietnam National Administration of Tourism Pham Van Thuy, said the number of foreign travellers to Vietnam was on the rise. The figure would continue sharply increasing as summer nears. Thuy strongly believed that Vietnam would surpass eight million foreign arrivals this year. Between January and March, Vietnam served 140,233 Chinese tourists. The stronger recovery is expected to start from April as more programmes to promote tours to Vietnam would be carried out. In the first three months of this year, 81,000 … [Read more...] about Vietnam sees surge in foreign tourists
South korean embassy in vietnam
Vietnam, RoK boost cooperation in developing green industries
Participants at the forum (Photo: VNA) Hanoi (VNA) – A forum discussing measures to promote cooperation between Vietnam and the Republic of Korea ( RoK ) in developing green industries and smart mobility was held in the RoK on March 28. Jointly organised by the Vietnam-Korea Businessmen and Investment Association (VKBIA), the Vietnam – Korea Alliance for Green Mobility (VKERC), the Office of the RoK National Assembly, the event saw the participation of representatives from six RoK government’s agencies, businesses, organisations, research institutes and universities which are involved in the green industry and smart mobility . Addressing the event, Dr. Tran Hai Linh, member of the Vietnam Fatherland Front (VFF) Central Committee and Chairman of VKBIA, spotlighted cooperation potential between agencies, businesses, universities, research institutes of Vietnam and the RoK in green and supporting industries, and opportunities to boost green industries in Vietnam. He … [Read more...] about Vietnam, RoK boost cooperation in developing green industries
Vietnam’s first blockchain peer-to-peer energy trading project launched
Nalin Wickramasingher, Powerledger's BD and Sales Executive, and Le Thi Phuong Cam (L), EVNCPC's Deputy General Director, announced the partnership. (Photo courtesy of Powerledger) Hanoi (VNS/VNA) - Australian energy trading technology company, Powerledger, on March 28 announced it’s partnering with Vietnam Electricity Central Power Corporation (EVNCPC) to launch Vietnam's first peer-to-peer (P2P) energy trading project at the Australia-Vietnam Forum on Energy Transition. The initial 6-month trial will see Powerledger’s technology used by so-called “prosumers” with rooftop solar in central Da Nang city and Quang Nam province to sell electricity directly to consumers. “This project is a major step for Vietnam. It will showcase how, with the right technology, issues of intermittency and grid congestion can be overcome whilst still growing renewables. Everyone on both sides of the partnership is looking forward to the results,” said Powerledger Chairman Dr Jemma Green. … [Read more...] about Vietnam’s first blockchain peer-to-peer energy trading project launched
Vietnam and RoK foster cooperation in green industry and smart mobility
The event attracted the participation of representatives from six agencies of the Korean government, members of the National Assembly, 30 leaders of businesses, agencies, research institutes, and universities related to green industry and smart mobility. In his speech on potential for cooperation between Vietnam and RoK and opportunities for green industry development in Vietnam, Dr. Tran Hai Linh, member of the Vietnam Fatherland Front Central Committee and VKBIA’s President briefed participants on the RoK's investment in Vietnam in recent years. He also assessed the potential for cooperation in investment and application of science and technology to green industry in Vietnam as well as potential for cooperation between Vietnamese and Korean agencies, organizations, businesses, and universities, research and development institutes for the development of green industry and supporting industries. VKERC’s President Kim Jong Bae emphasized that the transition to using green, smart, … [Read more...] about Vietnam and RoK foster cooperation in green industry and smart mobility
Vietnamese, Malaysian economies boast similarities, complementations: trade counselor
Trade Counselor Le Phu Cuong at the Vietnamese Embassy in Malaysia . (Photo: VNA) Kuala Lumpur (VNA) – The Vietnamese and Malaysian economies are of a similar size and complement each other, Trade Counselor Le Phu Cuong at the Vietnamese Embassy in Malaysia has said. In an interview with a Vietnam News Agency correspondent based in Kuala Lumpur on the occasion of the 50th anniversary of the countries’ diplomatic relations (March 30, 1973 - March 30, 2023), Cuong said Vietnam boasts advantages in terms of labour and development potential, while Malaysia's are in capital and deep integration into the world economy. Malaysia’s market is not too large in size but diverse in segment and , with its consumers’ characteristics generally similar to Vietnam, he said, adding that its Halal requirements are the biggest difference to note. According to the official, the two countries’ trade and investment relations have developed for a long time since Vietnam integrated into … [Read more...] about Vietnamese, Malaysian economies boast similarities, complementations: trade counselor
Ceremony held to commemorate Holocaust victims
Students of Hanoi Experimental High School perform a candle-lighting ceremony to commemorate the Holocaust victims , a Jewish tradition preserved around the world. (Photo: baoquocte.vn) Hanoi (VNA) – The Vietnam Peace Committee, the United Nations, the Embassy of Israel, and the German Embassy in Vietnam jointly held a ceremony in Hanoi on March 29 to commemorate Holocaust victims with the message “Never forget and learn the lesson of peace.” Speaking at the event, Vice Chairman of the Vietnam Peace Committee Tran Dac Loi said that human history went through very dark pages with terrible disasters caused by human-being. One of those dark pages was the genocide of European Jews committed by Nazi Germany which resulted in the murder of more than 6 million Jews in the world. The United Nations designated January 27 as the International Holocaust Remembrance Day because on January 27, 1945, Nazi’s Auschwitz concentration camp was liberated by the Red Army, he said. By … [Read more...] about Ceremony held to commemorate Holocaust victims
Don’t rely on tax incentives for FDI: analysts
As foreign direct investment (FDI) business representatives and analysts gathered at an investment forum Wednesday morning, Deputy CEO of Deloitte Vietnam Phan Duc Hoang said that the new global minimum corporate tax was designed to block multinationals from tax avoidance. Starting next year Vietnam is set to apply a 15% tax on profits from multinationals with total revenues of at least EUR750 million ($819 million) in two of the preceding four years. Hoang said if a South Korea-based company that has a factory in Vietnam is paying taxes for less than 15% of its profits, it will be taxed in South Korea to ensure the 15% level is achieved. If South Korea does not also implement the extra tax on the company, other countries that have approved the new global minimum corporate tax, such as Indonesia and Thailand, will have the rights to impose the tax, he added. For this reason, Do Thien Anh Tuan from the4 Fulbright School of Public Policy and Management, forecast that Vietnam will … [Read more...] about Don’t rely on tax incentives for FDI: analysts
There cannot be another genocide: Ambassadors
To prevent similar genocides, the world must eliminate hatred and preserve friendship and love. The world must prevent the recurrence of "another Holocaust," the German and Israeli ambassadors said at a Holocaust remembrance ceremony in Hanoi on March 29. Musicians perform at the Holocaust remembrance ceremony in Hanoi on March 29. Photo: Phuong Anh/The Hanoi Times The commemoration is aimed at ensuring that the Holocaust is not forgotten as it is part of the history of the German and Jewish people, said Guido Hildner, Ambassador of the Federal Republic of Germany to Vietnam. The German Ambassador said the world could not allow similar events to happen in the future and called on all governments and people to remain vigilant, pray, and never forget the Holocaust. Ambassador of Israel to Vietnam Yaron Mayer said that because of the Holocaust, many Israeli people did not have the chance to meet their grandparents. He warned that another Holocaust could … [Read more...] about There cannot be another genocide: Ambassadors
Defense Minister Phan Van Giang holds talks with RoK counterpart
On March 28, an official welcoming ceremony was held for the Vietnamese Defense Minister and the delegation with 19 series of cannon shots at the RoK Defense Ministry’s headquarters. After the reception, the two defense ministers held talks. The RoK defense minister warmly welcomed his Vietnamese counterpart and military delegation, while highly appreciating the sound relations between the two countries over the past time, especially the increasingly intensive and effective defense relations. Gen. Giang thanked the host for his warm reception, expressing his pleasure to pay an official visit to the RoK as the two countries have just upgraded their relations to a comprehensive strategic partnership. He hoped that the visit would help concretize the two countries' partnership in defense, actively contributing to the bilateral relationship. At the talks, the two ministers discussed regional issues of mutual concern. Gen. Giang noted that peace, cooperation and development are still … [Read more...] about Defense Minister Phan Van Giang holds talks with RoK counterpart
Prime Minister Pham Minh Chinh receives Saudi Arabian ambassador
Prime Minister Pham Minh Chinh expressed his belief that the ambassador will contribute to improved bilateral relations, adding that the Vietnamese government will order relevant agencies to coordinate with and assist the diplomat to fulfill his duties. Implementing the foreign policy of independence, self-reliance, diversification, and multilateralization of external relations, and being a good friend, trustworthy partner, and responsible member of the international community, Vietnam wishes to intensify cooperation with Middle Eastern countries, of which Saudi Arabia is a major and influential nation, Prime Minister Pham Minh Chinh noted. Ambassador Mohammed Ismaeil A. Dahlwy highlighted the increasingly enhanced relations between the two countries, saying he hopes bilateral ties will continue to be promoted more strongly. Prime Minister Pham Minh Chinh and the Saudi Arabian Ambassador applauded the progress in cooperation in recent times. Saudi Arabia is now one of its leading … [Read more...] about Prime Minister Pham Minh Chinh receives Saudi Arabian ambassador