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Earlier this month, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) downgraded Thailand’s economic outlook, with only 1.5-3.5 percent growth this year if the government fail to control the new wave of COVID-19 in three months. JSCCIB predicted that the country’s exports will expand by 3-5 percent this year, down from the previous estimate of 4-6 percent expansion, following the new outbreak./. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15

Bangkok (VNA) – The Thai National Tourism Policy Committee has approved the proposed guidelines for the collection of a 300 THB (10 USD) tourism fee from each international visitor for the management of local tourist destinations. The money will also be used to provide insurance benefits to international tourists visiting the country. Tourism and Sports Minister Phiphat Ratchakitprakarn said each foreign visitor will be charged 300 THB (10 USD) per visit. The details of the fee collection will be announced in the Royal Gazette once the policy has taken effect. According to Phiphat, Thailand expects to receive some 10 million visitors this year. He said the merit of the 300-THB tourism fee is that foreign tourists who fall sick or are injured will be taken care of and given adequate medical care, adding 34 THB of which is expected to be used for the insurance coverage. Tourism permanent secretary Chote Trachu on January 14 said the fee collection was initially … [Read more...] about Tourism fees to help insure foreign visitors

The situation has become more dangerous for locals and tourists alike as the sea continues to eat away at the beach and cause deep holes. According to the locals, erosion often occurs during the rainy season and it has got worse. Nguyen Thi Hoa from Phuoc My Ward said, "The beach was so level before. I've never seen such severe erosion." Huynh Van Nhat from Man Thai Ward agreed, saying that even though he saw lots of coastal erosion, it has never lasted so long and become so bad as had seen recently. If nothing is done then hundreds of metres of the beach will continue to be destroyed and the erosion will affect the coastal roads like Hoang Sa, Truong Sa and Vo Nguyen Giap too. By that time, it will be near impossible to fix anything. "The authorities must deal with the erosion immediately. A sturdier stone embankment must be built. Right now, the embankment is damaged easily by the waves," he said. This year, the erosion occurred later than usual. The Management Board of Son Tra … [Read more...] about Da Nang beaches continue to face erosion

Most farmers use the traditional method and operate on a small scale without contracts, and so face problems like inconsistent prices and demand. Many others have switched to other vocations, causing a decline of 188ha this year to 3,078ha of fields, according to the department. … [Read more...] about Ninh Thuận to become country’s top salt producer

According to MARD, Malaysia and Singapore are two among the10 largest importers of Vietnamese rice. This is also a significant event after Viet Nam has just signed the RCEP, together with nine ASEAN member states and five countries that the group has signed free trade agreements with. … [Read more...] about Viet Nam to export 1,600 tonnes of rice at high price to Singapore, Malaysia