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The volume of passengers passing through Ho Chi Minh City’s new Mien Dong (Eastern) Bus Station has reached fewer than 50 percent of its capacity, failing to meet expectations of the city’s transport authority. Besides, the number of interprovincial buses operating at the new station remained lower than expected, the Department of Transport said in a report sent to the municipal government regarding the business performance of the station. After fixed-route passenger bus operators shifted their operations to the new station in Thu Duc City from the old one in Binh Thanh District starting from October 11 last year, some reportedly suspended operations or cut down on their services due to low passenger numbers. Also, a rising number of buses were found to have picked up and dropped off passengers outside the new station. The issues mentioned above have made life much tougher for the new station to achieve an acceptable level of business performance. The transport department … [Read more...] about Ho Chi Minh City’s new Mien Dong Bus Station operating 50% below capacity

Architect Ngo Doan Duc believes that Hanoi needs to create policies to attract talent and investors to build two new cities in Hoa Lac and Noi Bai. Hanoi Vice Mayor Le Hong Son has assigned the Department of Home Affairs to prepare a task force in charge of building a model of cities belonging to the capital city. The Hanoi People’s Committee will report to the Ministry of Home Affairs and the Prime Minister in March. Photo: Vietnamnet To ease the overload in inner districts, Hanoi is considering a model of cities located in the northern suburban districts of the Red River (Dong Anh, Me Linh and Soc Son) and the western districts (Hoa Lac and Xuan Mai). The new cities in the northern part of the Red River will focus on services and international integration. Noi Bai Airport will be the center of development in the city. The second city is expected to be built in the western part, or Hoa Lac area today. This will be a science-technology and … [Read more...] about Hanoi to build two new cities, creating springboard for Hoa Lac, Noi Bai areas

Phu Quoc welcomes over 1.5 million visitors in the first quarter of 2023 (Photo: VNA) Kien Giang (VNA) – Phu Quoc island city in the Mekong Delta province of Kien Giang welcomed more than 1.5 million visitors in the first quarter of 2023, a rise of 43.4% year on year, fulfilling 25.9% of its yearly target. In the period, the city earned over 4.5 trillion VND (119.44 million USD) from tourism activities, up 286.5% over the same period last year, equivalent to 39.4% of the yearly plan. The city attributed the result to effective measures to speed up tourism recovery and development and tourism promotion activities . Phu Quoc has also attracted many big tourism investors such as Vingroup, Sungroup, CEO, BIM. To date, it is hosting 286 tourism projects worth more than 375 trillion VND (15.95 billion USD), of which 47 has been operational and 78 are underway. The popular tourist destination is preparing to welcome visitors during the five day holidays on the occasion of … [Read more...] about Phu Quoc welcomes over 1.5 million visitors in Q1

Outbound tours to both Asia and Europe seem to be particularly interesting for Vietnamese travelers during the coming five-day break marking National Reunification Day (on April 30) and May Day (May 1). Singapore is one of the favourite destinations for Vietnamese travelers. (Photo: Nguyen Thuy Duong) Vietluxtour, a local travel company in Ho Chi Minh City, reports the number of bookings for outbound tours for the coming public holiday has risen by 40% to 45% compared to the same period last year. Meanwhile, Travel agency TST Tourist’s figures indicate that outbound tourists have outnumbered inbound tourists, with 61% of 2,000 guests booking tours for the break choosing tours overseas. 28-year-old Hai Nam of Ho Chi Minh City is pondering whether he should spend the holiday in Thua Thien-Hue province or the Republic of Korea. What worries him most is that during the public holiday, domestic tourist destinations tend to be overcrowded, whilst airfares, food, … [Read more...] about Outbound tours prove popular during April holiday

A factory in Dong Nai Province's Giang Dien Industrial Zone. The province lured $500 million in foreign investment in the first three months, nearly tripling that in the same period last year. — VNA/VNS Photo Hong Dat Viet Nam attracted nearly US$5.45 billion worth of foreign investment in the first quarter of the year, down 39 per cent year-on-year, according to the Foreign Investment Agency (FIA). Of the three-month figure, over $3 billion came from 522 newly-licensed projects, up 62 per cent in a number of projects but down 6 per cent in the level of capital compared to the same period last year. Some $1.2 billion was added to 228 existing ones, representing a yearly hike of 3 per cent in a number of projects and a yearly decline of 70.3 per cent in the capital. However, foreign investors' capital contribution and share purchases rose 4 per cent year-on-year to $798 million, the FIA said. Along with the contraction in fresh capital, the disbursed capital also slightly … [Read more...] about Viet Nam’s foreign investment plunges 39 per cent in Q1