The three-day event is jointly held by the Hanoi Department of Industry and Trade and France’s Advanced Business Events (ABE) company. Acting director of the department Tran Thi Phuong Lan said that the expo is a chance to connect more than 160 business partners in order to develop the aviation industry of Hanoi city, and speed up the restructuring process of industries associated with digital transformation. It also gathers a large number of prestigious experts, speakers, and leaders of aviation firms, airlines and producers from inside and outside the country who come to exchange and share new development opportunities and new initiatives to serve the development of the sector. Stephane Castet, CEO of ABE, said that the event will help businesses grasp opportunities in the Vietnamese market in the post-COVID-19 recovery process. He expressed his hope that Vietnam will become an aviation center in the coming years. The expo comprises more than 120 booths from 10 countries, … [Read more...] about AeroExpo Hanoi & Vietnam Aviation Forum opens
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Tourism breakthrough within reach
Stakeholders have much to say about the current state of the tourism industry, and what must be done Prime Minister Pham Minh Chinh chaired a tourism recovery conference on March 15 and talked to management agencies and tourism businesses about removing obstacles for the industry to thrive once again. Despite being one of the first Southeast Asian countries to fully reopen to international tourism after the pandemic, Vietnam’s tourism industry still trails other countries in the region. The PM raised a series of questions about tourism promotion, competitive advantages, products, and visa policies – all factors that are considered to be subjective causes for Vietnam’s tourism to fail its foreign tourism targets thus far. “Tourism cannot develop alone, and tourism cannot develop if culture and the entertainment industry do not develop,” PM Chinh said. He directed the tourism industry to build green and sustainable tourism products, finance tourism activities, and develop … [Read more...] about Tourism breakthrough within reach
☀️ Morning digest March 20
Hanoi (VNA) - The following is a list of selected news summaries last weekend by the Vietnam News Agency. - The Vietnamese Government commits to creating all possible conditions for businesses to growth further, Prime Minister Pham Minh Chinh affirmed at the Vietnam Business Forum 2023 (VBF 2023) in Hanoi on March 19. Reviewing the country’s socio-economic recovery and development achievements in 2022, the PM said the macro economy remained stable, major economic balances were ensured, and notably the domestic investment and business environment was improved significantly. Read full story - State-run groups and corporations must operate effectively to contribute to building an independent and self-reliant economy, Prime Minister Minister Pham Minh Chinh requested on March 18 at a conference on solutions to innovate the operation of the Committee for Management of State Capital at Enterprises (CMSC) and effectively promote investment resources of State groups and corporations. … [Read more...] about ☀️ Morning digest March 20
Sanctions hit Vietnamese exports to Russia
Iron and steel, footwear and electronics exports almost came to a halt while those of agriculture produce like rice, vegetables and seafood fell by 20-50%, according to the Vietnam Trade Office in Russia. Rubber, garment and coffee were the only items whose exports increased. The ongoing Russia-Ukraine war is said to be the main cause as sanctions on Russia limit its trade with other countries, including Vietnam. Major shipping firms and airlines have stopped their Russia operations, and so Vietnamese business have trouble sending goods to the country. Bilateral trade fell by nearly 62% to $402 million. The trade office said Russian businesses are increasingly interested in establishing trade partnership with their Vietnamese counterparts, and the number of Russian companies participating in Vietnam’s fairs and exhibitions is rising. Many Russian retailers want to sell agricultural products, clothes and footwear from Vietnam, it added. … [Read more...] about Sanctions hit Vietnamese exports to Russia
Business executives to face disciplinary action for failure to stop smuggling activities
Recent arrests of Vietnamese flight attendants for carrying undeclared goods and drugs require drastic action. Airline officials will face severe disciplinary action if illegal drug and merchandise trade is reported under their jurisdiction, according to the Civil Aviation Administration of Vietnam. Passengers wait in line for registration and luggage check at Tan Son Nhat International Airport in HCM City. Photo: Huy Hung/The Hanoi Times The action is under the authority's Directive 1480/CT-CHK to prevent flight attendants and ground staff from illegally importing drugs and goods into the country, the authority said in a March 27 website notice. Aviation companies must improve education and training so that employees are aware of the harm and negative impact of smuggling on the nation and domestic economy, the authority added. "They also need to continue to screen those being employed. All those involved in flying must follow the rules," it said. All … [Read more...] about Business executives to face disciplinary action for failure to stop smuggling activities
Indonesia, Turkey promote tourism development
A Turkish Airlines plane. The carrier is looking to increase the frequency of flights from Istanbul to Indonesia’s capital Jakarta and resort island Bali. (Photo: AA) Jakarta (VNA) – Turkish Airlines is looking to increase the frequency of flights from Istanbul to Indonesia’s capital Jakarta, resort island Bali, and other cities in order to develop tourism. Chairperson of the carrier Ahmet Bolat said it currently runs 14 flights per week to Indonesia, of which nine are to Jakarta and five to Bali. The occupancy rate on each flight is 90%. The airline wants to increase flights to Jakarta to twice a day, and raises the frequency to Bali and, if possible, to some other locations in Indonesia, he said. Nia Niscaya, a deputy director in charge of strategic policy at the Indonesian Ministry of Tourism and Creative Economy, said last year, the total number of visitors to Indonesia increased by 215% annually. The figure hit about 700,000 in January 2023, five times higher … [Read more...] about Indonesia, Turkey promote tourism development
Visa upgrade at heart of fresh approach to tourism
Visas, service quality, and technology were all part of discussions on a better-performing tourism sector Photo: Cuong Minh May’s National Assembly session is likely to help push ahead a revamp of the country’s rules on entry and exit for foreign visitors, after the Ministry of Public Security crafts amendments to the current law. The development will be an important basis for the issuance of new regulations related to the visa policy, removing difficulties for the tourism industry, and creating conditions to attract more international visitors this year, according to most observers. Dang Tuan Viet, deputy director of the Ministry of Public Secrutity’s (MoPS) Vietnam Immigration Department, said that the proposal emphasised two major areas related to unilateral visa exemption and electronic visa policy. The MoPS also proposes to expand the number of countries that can issue e-visas from 80 countries to the maximum. The MoPS will also ask to increase the temporary stay … [Read more...] about Visa upgrade at heart of fresh approach to tourism
Quang Ninh works on air cargo transport route with Can Tho
The route, to be launched by low-cost airline Vietjet on April 25, aims to enable fastest cargo transportation between the Northern and Southern parts of the country and ease overload in the North-South road, Ky said, adding that tickets for the service have been on sale from March 9. The administrations of Quang Ninh and Can Tho will accompany and give optimal support to businesses, investors and airlines to ensure lowest transportation costs, he pledged. According to the Asian-African Market Department under the Ministry of Industry and Trade, China has included Quang Ninh's Mong Cai Border Gate in the list of sites eligible to cater to food imports into China. It is expected that the amount of food to be cleared before entering China through Mong Cai (Vietnam) - Dongxing (China) International Border Gate will reach a maximum of 200,000 tonne per year. Currently, China is a traditional market with high demand for Vietnamese agricultural and aquatic products. Notably, the Mong … [Read more...] about Quang Ninh works on air cargo transport route with Can Tho
US companies upbeat on investment opportunities in Viet Nam
A Coca Cola factory in Viet Nam. The beverage giant was among companies joining the mission. — Photo nld.com.vn Senior executives from 52 US companies in the 'biggest-ever' US business mission to Viet Nam are discussing investment and sales opportunities in the country. Chairman of the US-ASEAN Business Council (USABC) Ted Osius said the council was never as busy as it is now. Its services are in high demand because many US companies show great interest in the country. He also said USABC representatives from other countries told him that they must act quickly because they were competing with Viet Nam. That was a way of saying Viet Nam has become a destination for growth and opportunities. Rafael Frankel, Director of Public Policy at Meta, said the trip was the second time he had been to Viet Nam since the outbreak of the COVID-19 pandemic. He appreciates the diligence of the Vietnamese workforce and sees a bright prospect for growth in the country. As such, he revealed the … [Read more...] about US companies upbeat on investment opportunities in Viet Nam