Vietnam 7 day tour

Rice export volume up but value falls The ministry said the total rice export volume and value in the first nine months of this year reached 5.2 million tonnes and $2.24 billion, respectively. The figures represented a rise of 5.9 per cent in volume and a drop of 9.8 per cent in value compared to the same period in 2018. Of which, Viet Nam shipped abroad 586,000 tonnes of rice in September for $251 million. The Philippines was the top market for Vietnamese rice in the first eight months of this year, consuming 1.76 million tonnes worth $720 million, 2.9 times higher in volume and 2.6 times in value over the same period last year. Strong growth was also seen in other markets, including Australia (75 per cent), Ivory Coast (nearly 35 per cent) and Hong Kong (nearly 35 per cent). The average rice price in the first eight months fell 13.8 per cent year on year to $435 per tonne. White rice led the way in the period, accounting for 47 per cent of total revenue, followed by Jasmine rice … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 14

    A number of high-profile tourism and ecotourism projects have transformed some of the country’s most famous tourism destinations. As a result, many local people, who previously struggled to make ends met, are also thriving.   Madam Dưỡng The steady rise of Đà Nẵng Twenty years ago, the Hàn River, which runs through the heart of Đà Nẵng, separated the rich from the poor. The city’s ramshackle neighbourhoods were clearly visible along the eastern riverbank, where Mrs. Lai runs her hugely popular Bánh Xèo Bà Dưỡng (Madam Dưỡng's Bánh Xèo). “In 1980s and 1990s, there was nothing much to do in Đà Nẵng. Even at the turn of the century, the greatest joy for many residents was to cross the bridge over the Hàn river. On weekends, some families would go for a picnic to the top of Ba Na Mountain by the some old ruined French … [Read more...] about Local communities flourish in Vietnam’s leading tourism destinations

In recent years, a number of outstanding, newly developed tourism projects have boosted the appeal of both established and emerging destinations in Vietnam, drawing more international visitors, and boosting domestic tourism. Buddha Shakyamuni statue at Fansipan Legend - Photo courtesy of Sun Group Elevating the ‘roof of Indochina’ For many years, Sa Pa in Lao Cai Province had been a gateway town to the north of Vietnam—a heavenly realm of stunning mountains and lush valleys. The most intrepid of travellers came to conquer Fansipan, also known as the “Roof of Indochina”. At a height of 3,143metres, scaling the precipitous slopes of Fanispan—a national symbol of Vietnam—to reach the peak was a two-day expedition that could only to be undertaken by those in good health. But in February, 2016 that would change overnight with the opening of a three-rope cable car system that could take visitors from the centre of Sa Pa to the peak of … [Read more...] about How strategic investment is transforming Vietnam’s tourism landscape

Promoting cultural heritage values while developing tourism Thai Nguyen province is home to 17 intangible culture heritages. Local authorities and ethnic minority groups are exerting efforts to promote heritage values in combination with tourism development. The San Chay people of Phú Lương district traditionally celebrate Spring with the Tắc Xình dance. In 2018, the Tac Xinh dance was recognized as national Intangible Cultural Heritage by the Ministry of Culture, Sports and Tourisms. To uphold the cultural values of the heritage, Thai Nguyen’s provincial culture and tourism sector have taken measures to introduce the dance to visitors through festivals, turning it into an attractive tourism product. Currently in Thai Nguyen province, there are more than 800 historical and scenic sites, along with 17 intangible cultural heritage elements at a national level. Many of which have become tourist attraction, contributing to promoting their values such as the … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 14

RoK airline to launch route to Nha Trang in December An aircraft of Air Seoul (Photo: Yonhap news agency) Air Seoul is wholly owned by the Republic of Korea (RoK)’s Asiana Airlines Inc. Starting December 18, Air Seoul plans to offer seven flights a week to Nha Trang as it strives to strengthen services on routes to Southeast Asia to offset declining demand on Japanese routes, the company said in a statement. Since early July, RoK airlines have halted or reduced services on their Japanese routes, while expanding flights on non-Japanese ones after the neighbouring country implemented export restrictions of key materials to the RoK./. Banks forecast strong performance despite credit slowdown Most domestic credit institutions and foreign banks’ branches in Vietnam expect their business performance in 2019 to be better than last year despite the predicted slowdown in credit growth, according to the State Bank of Vietnam's latest survey released late last week. In the … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 15