"With the approaching summer holidays and potential easing of visa restrictions, which are under considerations by the National Assembly, Vietnam will likely see a punchier boost from international tourism, a much-needed support for its sharply slowing economy," HSBC said in a report. Vietnam has received 4.6 million international tourists so far this year, around 60% of this year’s target of 8 million. In May alone, it received over 916,000 foreign tourist arrivals. Despite falling slightly from April’s figure, Vietnam has seen its inbound tourism recovery reach around 70% of pre-pandemic levels. Tourists from China, the biggest feeder market of Vietnam’s tourism before the pandemic, have recovered to 35% of pre-pandemic levels. Legislators will vote on new bill on June 24 that seeks to extend the validity of e-visas from 30 days to a maximum of three months and allow multiple entries, and triple to 45 days the duration of visa-free stays for tourists from certain … [Read more...] about Vietnam tourism forecast to see robust growth as visa restrictions relaxed: HSBC
Vietnam china tourism
Australian PM’s Vietnam visit to give impulse to bilateral ties: Ambassador
Vietnamese Ambassador to Australia Nguyen Tat Thanh. (Photo: Vietnamese Embassy in Australia) Hanoi (VNA) – The upcoming visit to Vietnam by Australian Prime Minister Anthony Albanese will create momentum for bilateral cooperation in such potential areas as culture, investment, labour and people-to-people exchanges, Vietnamese Ambassador to Australia Nguyen Tat Thanh has said. In an interview granted to the Vietnam News Agency (VNA)'s resident correspondents in Sydney ahead of the PM’s trip from June 3-4, Thanh said the visit takes place at a time when the two countries are celebrating the 50th founding anniversary of the bilateral diplomatic ties and the 5th anniversary of the strategic partnership. This is the second official visit to a Southeast Asian nation by PM Albanese since he took office, and the third to Vietnam by an Australian PM, the ambassador said, noting that the trip shows PM Albanese’s administration attaches importance to Vietnam. Thanh also … [Read more...] about Australian PM’s Vietnam visit to give impulse to bilateral ties: Ambassador
Vietnam sees steep decline in hiring of foreigners, overseas Vietnamese
The Vietnamese job market saw a plunge in recruitment demand in January-April, with hiring of foreigners and overseas Vietnamese tumbling 39 percent compared to the pre-pandemic level due to the global economic downturn, according to a report recently issued by Navigos Group, one of the leading recruitment companies in Vietnam. In addition, there was a significant drop of 63 percent in demand for hiring seasonal workers and individuals on short-term contracts. Similarly, the demand for recruiting new graduates also experienced a substantial decrease of 49 percent. Following the prevailing market fluctuations and economic downturn, there was a noticeable decline in labor recruitment demand for various positions including foreigners, overseas Vietnamese, seasonal workers, short-term contracts, new graduates, and mid-level and senior professionals, according to the Navigos Group report. Overall downtrend Navigos Group conducted the analysis using job posting data from its … [Read more...] about Vietnam sees steep decline in hiring of foreigners, overseas Vietnamese
Vietnamese PM orders emergency measures to ease farm produce congestion border with China
Vietnamese Prime Minister Pham Minh Chinh in a recently-signed dispatch ordered the adoption of urgent measures to alleviate goods congestion and facilitate the export of agro-products along the border with China. The dispatch was issued at a time when border gates in the northern border province of Lang Son have seen an upsurge in the number of container trucks carrying farm produce for export, resulting in a prolonged customs clearance process and limited clearance capacity. Several fruits, meanwhile, are now ready to harvest in the country. This could pose a higher risk of congestion at the border gates as more container trucks transporting fruits for export to China will head to these areas. Therefore, PM Chinh urged the authorities in northern border provinces and relevant agencies to review regulations on the import and export of farm produce between Vietnam and China. They were told to work with the Chinese side to streamline the customs clearance process, extend … [Read more...] about Vietnamese PM orders emergency measures to ease farm produce congestion border with China
Vietnam’s exports to hit $618 billion by 2030
The Southeast Asian country holds tremendous potential to be a global trading hub. Vietnam is likely to earn US$618 billion in exports by 2030, with an annual growth rate of 7%, according to Standard Chartered. "Vietnam will be a key driver of this global trade growth, outpacing the global average of 5% by a significant two percentage points," said the research report titled "Future of Trade: New opportunities in high-growth corridors". Vietnam will be a key driver of this global trade growth. Photo: dinhvuport.com.vn The UK-based bank projects that global trade will reach $32.6 trillion with a growth rate of 5% by 2030. Trade corridors anchored in Asia, Africa, and the Middle East will outpace the global trade growth rate by up to four percentage points, driving combined trade volume to $14.4 trillion to account for 44% of international trade by 2030. Mainland China, South Korea, and the US are expected to be Vietnam’s key trade partners in the … [Read more...] about Vietnam’s exports to hit $618 billion by 2030
Australian Prime Minister’s Vietnam visit to give impulse to bilateral ties: Ambassador
In an interview granted to the Vietnam News Agency (VNA)'s resident correspondents in Sydney ahead of the Prime Minister's trip from June 3-4, Thanh said the visit takes place at a time when the two countries are celebrating the 50th founding anniversary of the bilateral diplomatic ties and the 5th anniversary of the strategic partnership. This is the second official visit to a Southeast Asian nation by Albanese since he took office, and the third to Vietnam by an Australian Prime Minister, the ambassador said, noting that the trip shows Prime Minister Albanese’s administration attaches importance to Vietnam. Thanh also recalled the visit to Vietnam by Australian Governor-General David Hurley in April, which was his only State-level visit to a Southeast Asian nation, and another trip to Vietnam by Minister for Trade and Tourism Don Farrell in the same month. In June 2022, Minister for Foreign Affairs Penny Wong selected Vietnam as the first ASEAN country to pay an official visit. … [Read more...] about Australian Prime Minister’s Vietnam visit to give impulse to bilateral ties: Ambassador
New Quang Binh adventure tour
Quang Binh Province, famous for cave tours, is offering a new travel experience that allows tourists to slide down a 600-metre-long line amidst a hidden valley inside Phong Nha-Ke Bang National Park. Quang Binh, home to UNESCO heritage site Phong Nha-Ke Bang National Park, is famous for its pristine caves and beautiful tourism sites. Along with famous places such as Thien Duong Cave, Chay River - Dark Cave, Nuoc Mooc Stream, Ngoc Bich Valley in Phong Nha-Ke Bang has become an emerging tourist destination. Ngoc Bich is located in Chay Lap Village, Phuc Trach commune, Bo Trach District. Covering 12 hectares, the valley is surrounded by high mountains, green jungle with Chay River flowing through, creating a beautiful natural landscape in the heart of Quang Binh. The most ideal time to visit Ngoc Bich Valley is in the summer. Due to its location right next to Dark Cave, the valley has a section of the Chay River flowing … [Read more...] about New Quang Binh adventure tour
Myanmar extends COVID-19 restrictions until end of June
Illustrative photo (Photo: thestar.com.my) Hanoi (VNA) – Myanmar ’s Central Committee on Prevention, Control and Treatment of COVID-19 on May 30 announced that the country will extend COVID-19 preventive measures until June 30. According to the committee, the extension includes all COVID-19 restrictions that were set to expire on May 31, excepting some that will be gradually eased, China's Xinhua News Agency reported on May 31. The extension applies to all orders, announcements and directives issued by relevant government organisations and ministries in their efforts to curb the spread of the pandemic. Official data showed that as of May 30, Myanmar recorded 638,818 COVID-19 cases. The death toll from COVID-19 in the country reached 19,494 and 617,774 patients have recovered./. VNA … [Read more...] about Myanmar extends COVID-19 restrictions until end of June
Ho Chi Minh City celebrates International Children’s Day
Activities and programs honoring the International Children's Day (June 1) are taking place across Ho Chi Minh City from Thursday through the weekend. Among the activities being held to celebrate the occasion are a book garden program at the zoo, a southern fruit festival at Suoi Tien Theme Park in Thu Duc City, and several theatrical performances. Fees waived for children at Saigon Zoo and Botanical Gardens In honor of the International Children's Day, the Saigon Zoo and Botanical Gardens in downtown Ho Chi Minh City allows children under 1.3 meters tall to enter and participate in activities free of charge. The zoo has also opened a book garden so that children can enjoy an outdoor reading space surrounded by over 1,000 children’s books. Free admission is offered to kids under 1.3 meters tall at the Saigon Zoo and Botanical Gardens in Ho Chi Minh City on the International Children's Day , June 1, 2023. Photo: Bach Nam / Tuoi Tre Students … [Read more...] about Ho Chi Minh City celebrates International Children’s Day