Three major cities of Vietnam are distinguished with the annual prestigious awards of Travel & Leisure. The United States-based magazine Travel & Leisure has recently unveiled its 2022 Asia’s Best Awards with suggestions about the best travel destinations around the world. Accordingly, Hanoi, Danang, and Ho Chi Minh City are among the Top Ten “Best Cities in Southeast Asia” Hanoi- the thousand-year-old charming city President Ho Chi Minh Mausoleum in Hanoi. Photo: Cao Anh Tuan Ranked fifth on the list of Travel & Leisure , the charming capital city of Vietnam- Hanoi is a must-see travel destination for foreign travelers to the country. The fact is that the city is very peaceful and very welcoming to foreigners. It has a low crime rate, great tropical weather, and is easy to balance work life and fun, according to Bill Noland, an Aussie digital nomad in Hanoi. “It takes me around VND10 million or $428 for a convenient accommodation … [Read more...] about Hanoi among Top 10 cities in Southeast Asia
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European businesses positive about Vietnam’s prospects for green growth
The Business Climate Index is the leading indicator of the European business and investment community in Vietnam. European businesses in Vietnam expressed their positiveness about Vietnam’s prospects for green growth, according to the latest Business Climate Index (BCI) released by the European Chamber of Commerce in Vietnam (EuroCham) and YouGov Vietnam. CEOs of European businesses gather an event in Ho Chi Minh City last April. Photo: EuroCham According to the BCI, nearly 80% of participants said their assessment of Vietnam’s green development potential improved from the first quarter of this year. About 44% of the respondents have good and excellent outlook regarding the potential for Vietnam’s green and sustainable development. Regarding the link between green growth and foreign-direct investment (FDI), nearly 90% of the respondents believed Vietnam should accelerate green sector development to attract more foreign investment. EuroCham Chairman Alain … [Read more...] about European businesses positive about Vietnam’s prospects for green growth
Vietnam to solidify macro-economic stability: PM
Vietnam’s economy has performed well amid a difficult global environment in the first six months of the year. The Vietnamese Government would stay focused on stabilizing macro-economic conditions, containing inflation, and keeping all major balances intact. Overview of the meeting. Source: VGP Prime Minister Pham Minh Chinh gave his conclusion at the monthly Government meeting held today [July 4]. According to Chinh, Vietnam’s economy has performed well amid a difficult global environment in the first six months of the year. Chinh highlighted the GDP growth of 7.72% in the second quarter, the highest second-quarter growth since 2011, and the six-month GDP growth of 6.42%. Such half-year growth rate is even higher than the pre-pandemic one. (6.38% in the 2016-2019 period). In this context, 44 out of 63 provinces/cities posted economic growth of over 6%, which showed a consistent recovery level among localities, he said. Other positive factors include … [Read more...] about Vietnam to solidify macro-economic stability: PM
15th plenary conference of HCMC Party Committee to open on July 5
At the HCMC Party Committee's 13 th meeting (photo:SGGP) Tomorrow, the one-day conference will concentrate on the discussion and assessment of reports relating to implementation results of the socio-economic plan and the Party building work in the first six months of 2022, solutions that will be carried out in the second half of the year. According to the Ho Chi Minh City People's Committee, in the first six months of the year, Ho Chi Minh City's socio-economy continued to recover strongly with V-shaped growth and it has been maintained stably. HCMC continues to well control the Covid-19 pandemic situation, consolidate the conducted health strategy, and associate the health strategy with other strategic activities and plans. Many cultural, literary and artistic activities brought pervasiveness, especially programs to celebrate public holidays. As for the diplomatic task, political security and social order and safety have continued to be maintained. In the first six months … [Read more...] about 15th plenary conference of HCMC Party Committee to open on July 5
Three Vietnamese cities among Southeast Asian best
A view of Ho Chi Minh City Asia’s Best Awards 2022 suggests destinations, resorts and restaurants, among others, to try in the region. The lists were compiled basing on votes from readers around the world from January to April this year. Among the three Vietnamese cities in the list, Da Nang comes third, Hanoi fifth, and HCMC eighth. Bangkok of Thailand holds the No. 1 position. Meanwhile, Phu Quoc and Con Dao of Vietnam are among the Best Islands in Southeast Asia, respectively standing at the fourth and 10th places. Phuket of Thailand tops this list. The awards also cover outstanding tourism brands in each country. For Vietnam, there are lists of the best restaurants, hotels, bars, pizza, hotel pools, and beach/upcountry resorts. “The gates have been flung wide open and Vietnam’s up and away. Who would’ve thought in lockdown last year this country would be in a position now to say ‘xin chao’ to international tourists? While the plan to welcome five million visitors by … [Read more...] about Three Vietnamese cities among Southeast Asian best
HCMC hopes for stronger ties with Germany’s Frankfurt city
Chairman of the HCMC People’s Committee Phan Van Mai (R) and Frankfurt Mayor Peter Feldmann at the meeting. (Photo: VNA) Mai said HCMC views Frankfurt as one of the key foreign localities in its external relations. He noted as there remains much potential for bilateral cooperation, the two sides should step up partnerships in trade, investment, information technology, science, environmental protection, and tourism. Meanwhile, Feldmann expressed his hope that in the time ahead, the two cities will further intensify exiting relations and expand cooperation to the areas matching HCMC’s interest and Frankfurt’s strength such as information technology, education, and environmental protection. During their working trip, the Frankfurt delegation will attend the opening ceremony of the city’s representative office in HCMC and an international automotive industry exhibition. They will also visit some German enterprises operating in the southern economic hub of Vietnam. VNA … [Read more...] about HCMC hopes for stronger ties with Germany’s Frankfurt city
Project of combination on theater and tourism unsuccessful
The Hanoi Opera House has been selected as a destination for culture and tourism. According to the Ministry’s plan, a 30-minute program and an hour-long program would be performed by actors and actresses at theaters such as Vietnamese Cheo, Vietnamese Tuong, Vietnamese Dance and Music. The Ministry expected that a combination of musical performance and a cultural tourism product with Vietnamese identity will attract more holiday-makers to the country. Moreover, artists can earn extra income and the tourism industry also has more experience products for visitors. After the initial enthusiasm, everything was confused because the performance was not as good as an expectation; hence, travel agencies were not interested in it and the project has been also gradually unsuccessful. After two years of the Covid-19 epidemic, when theaters reopened and the tourism sector revived with more travelers, artists returned to look for opportunities from tourists. However, leaders of the art … [Read more...] about Project of combination on theater and tourism unsuccessful
HCMC proposes Government promulgate implementation resolution of Ring Road 3
View of the online conference between the Government and the localities related to the city’s socio-economy. The proposal was released by chairman Mai at an online conference between the Government and the localities related to the city’s socio-economic reports in the first six months and assigned missions in the second half of the year, implementing resolutions of the third plenary session of the 15th-tenure National Assembly on July 4. Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai speaks at the conference. At the city’s working place, chairman Mai informed prompt and comprehensive recovery of the city's socio-economy and it is expected to reach the growth as the pre- Covid-19 pandemic period. Specifically, the city’s economic growth in the second quarter surged by 5.74 percent and up to 3.82 percent in the first half of the year. The budget revenue has reached 61.7 percent which would promote the whole year’s economic growth to 6-6.5 percent. … [Read more...] about HCMC proposes Government promulgate implementation resolution of Ring Road 3
Business Climate Index in Vietnam drops: EuroCham Vietnam
EuroCham President Alain Cany In comparison to the first quarter of 2022, European investors' confidence in Vietnam's growth potential has decreased. Approximately 60 percent of respondents predict that Vietnam's economy will stabilize or improve in the third quarter of 2022, while this figure was 69 percent the previous quarter. Around 45 percent of survey respondents said they were very satisfied or satisfied with Vietnam's efforts to attract and retain foreign direct investment (FDI), while 76 percent expect their company to raise capital. FDI into Vietnam before the end of the third quarter. However, regarding Vietnam's green growth prospects, 79 percent of business leaders said their assessment of Vietnam's green development potential has improved. Nearly 90 percent of respondents think that Vietnam should strengthen the development of the green sector to attract more foreign investment. The survey also identified barriers to European investment in Vietnam and trade … [Read more...] about Business Climate Index in Vietnam drops: EuroCham Vietnam
Cultural, art activities mark Vietnam-Cambodia diplomatic ties
Vietnamese Deputy Minister of Culture, Sports and Tourism Ta Quang Dong has signed Decision No.1520/QD-BVHTTDL approving a project on the organization of the activities. Accordingly, a Vietnamese Culture Week will take place from August 9-14 in the Cambodian cities of Phnom Penh and Siem Reap featuring the culture, land, people, tourism and education of Vietnam. Art programs, both traditional and temporary, during the week will be staged by Vietnamese artists. The two sides will also sign a cooperation plan in culture and arts for 2023-2027. Meanwhile, a Cambodian Culture Week will be held in Vietnam’s Ho Chi Minh City and southern Tra Vinh province from September 27 to October 2. Source: VNA … [Read more...] about Cultural, art activities mark Vietnam-Cambodia diplomatic ties