Lonely Planet suggested newlyweds can spend their unforgettable honeymoon in the “pearl island” of Phu Quoc, the ancient town of Hoi An or Ha Long Bay - the UNESCO World Heritage Site without hurting their wallet. According to the website, the top 10 budget-friendly getaways allow visitors to count their pennies without compromising on the once-in-a-lifetime experience. Indeed, they can experience a dynamic culture and delicious cuisine during their first adventure as newlyweds. Lonely Planet stressed that Vietnam is something of a street-food heaven, adding that that visitors must sample the country's signature dishes, such as Pho bo (beef noodle soup), Bun cha (a type of barbecued pork with rice noodles), and Banh mi, a local type of baguette. The magazine also recommended that foreign couples pay a visit to the country outside of the high season of July and August as they will have the best chance possible to find budget accommodation./. VNA … [Read more...] about Vietnam among top best places to go for budget honeymoon
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Miss Universe Vietnam denies lying about education
A photo of her university transcripts was widely shared in many beauty pageant community groups at the end of January. The photo showed that Chau did not graduate due to failing to complete the academic requirements. Both the last name and student ID number of that student matched those of Chau. The information caught the attention of netizens but the beauty queen and her management team remained silent. 2022 Miss Universe Vietnam Nguyen Thi Ngoc Chau. Photo by Thanh Hue Netizens think that Chau deceived them into thinking she already graduated from university. Society expects beauty queens to have both physical and intellectual beauty. So in the past, this has led to a great deal of speculation that some beauty pageant contestants have lied about their ages or educational backgrounds. A representative from UniMedia, Ngoc Chau's management company, confirmed Thursday for the first time that Chau had not yet obtained her bachelor's degree. The representative noted … [Read more...] about Miss Universe Vietnam denies lying about education
Vietnam-Asia trade reaches nearly 475.3 billion USD in 2022
Vietnamese lychees are sold at an AEON supermarket in Japan which is a major trade partner of Vietnam in Asia. (Photo: VNA) Hanoi (VNA) – Vietnam’s merchandise trade with Asia reached 475.29 billion USD in 2022, increasing by 9.6% compared to 2021 and accounting for the highest proportion (65.1%) in the country's total import-export value. Accordingly, Vietnam’s exports to other Asian countries reached 177.26 billion USD in 2022, up 9.5% year-on-year. The country’s imports from other Asian nations hit 298.03 billion USD, up 9.6%. Vietnam saw a trade deficit with only Asia among the five continents. Major trade partners of Vietnam in Asia include China, the Republic of Korea, Japan, and the Association of Southeast Asian Nations (ASEAN). According to preliminary statistics of the General Department of Customs, Vietnam's total import-export value of goods reached 730.2 billion USD last year, up 9.1% compared to 2021. The value of imports and exports between … [Read more...] about Vietnam-Asia trade reaches nearly 475.3 billion USD in 2022
Vietnam’s trade with India hits record in 2022
During the year, Vietnam’s exports to India topped 7.9 billion USD, up nearly 27% year-on-year. Among its export items , mobile phones and accessories posted the highest turnover with 1.5 billion USD. Computers, electronics and parts came next, and they were followed by machinery and equipment. Other staples with the highest value increase were coffee, iron and steel and footwear. Meanwhile, Vietnam imported over 7 billion worth of goods from India last year, a yearly hike of 2%. Its major import commodities from the market were iron and steel with nearly 775 million USD, machinery and equipment and ordinary metals. India is Vietnam’s leading provider of aquatic, garment and textile, leather and pharmaceutical materials. The 1.4-billion-strong Indian market has diverse demands with various market segments - a good condition for Vietnamese exporters. Besides trade, bilateral cooperation in tourism and investment also grew with the resumption and launch of direct … [Read more...] about Vietnam’s trade with India hits record in 2022
Vietnam Airlines risks stock delisting
The Ho Chi Minh City Stock Exchange (HoSE) on Thursday warned that Vietnam Airlines (HVN) could be delisted if an audit proves the company has logged an operating loss for three consecutive years. In its warning, the HoSE cited the firm’s consolidated financial statement for the last quarter of 2022 in which Vietnam Airlines posted an accumulated loss of nearly VND34.2 trillion (US$1.46 billion) in 2022. The carrier also reported that its equity was negative VND10.2 trillion ($435.4 million) last year. According to the Law on Securities, the stock of a public company must be delisted if it suffers annual operating losses for three consecutive years, if its accumulated losses exceed its charter capital, or if its equity is negative. As such, if Vietnam Airlines' audited consolidated financial statement for 2022 shows a loss, it will be the firm’s third consecutive year of operational losses and its ticker will be delisted, the HoSE warned. On June 1, 2022, the HoSE issued a … [Read more...] about Vietnam Airlines risks stock delisting
Vietnam’s Hoi An to hold biggest-ever First Full Moon Festival
Authorities in Hoi An City, central Vietnam will hold a series of events to celebrate the annual Tet Nguyen Tieu this weekend. The traditional Tet Nguyen Tieu, or the First Full Moon Festival falling on the 15th day of the first lunar month, has long been adored not only by locals but also visitors to the ancient city. According to Pham Phu Ngoc, director of the Hoi An Center for Cultural Heritage Management and Preservation, the festival will be organized on the largest scale ever this year. It takes place in celebration of Hoi An’s First Full Moon Festival being recognized as national intangible cultural heritage early this month. A ceremony to receive the title will be held on the morning of February 5. This year, Hoi An’s First Full Moon Festival will be celebrated with events inside Hoi An’s Old Town as well as neighboring areas, including the Ancient Town night on February 4, a poem night at Cam Pho Temple from 7:30 pm to 9:30 pm the same day, and more. In addition, … [Read more...] about Vietnam’s Hoi An to hold biggest-ever First Full Moon Festival
Vietnam’s Ninh Binh world’s 7th most welcoming destination: Booking.com
Ninh Binh Province in northern Vietnam ranked seventh on a list of the 10 most welcoming destinations in the world published recently by Dutch-based online travel agency Booking.com. The ranking was based on an analysis of more than 240 million verified customer reviews on the website. Around 90 kilometers south of Hanoi, Ninh Binh Province is famous for a high density of natural and cultural attractions, including Cuc Phuong National Park, Van Long wetland nature reserve, grotto caves and rivers in Trang An, Tam Coc-Bich Dong and Mua Caves, historic monuments in the Hoa Lu ancient capital, Bai Dinh Temple -- Vietnam’s largest buddhist worshiping complex -- and the Phat Diem Cathedral. The northern Vietnamese province started shining on the global stage after the Hollywood movie ‘Kong: Skull Island’ was filmed there in 2016. It welcomed nearly 330,000 visitors, including over 29,500 foreigners, during the recent seven-day Lunar New Year holiday. La Rioja in Spain topped … [Read more...] about Vietnam’s Ninh Binh world’s 7th most welcoming destination: Booking.com
Banks in Vietnam report handsome profits in 2022
Many banks in Vietnam have released their business results in 2022, which indicate their hefty profits. According to the 2022 financial report of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), it recorded a pre-tax profit of over VND37.3 trillion (US$1.59 billion), up 36 percent year on year and exceeding its 2022 target. With this result, Vietcombank has taken the lead in pre-tax profit in the entire banking system for five consecutive years. It was followed by Vietnam Technological and Commercial Joint Stock Bank (Techcombank), which earned over VND25.5 trillion (nearly $1.09 billion) last year, rising 10 percent compared with the preceding year. Last year was the ninth straight year that Techcombank had posted a profit growth rate, albeit at a modest rate. Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) was also among the banks with a high profit. Its pre-tax profit surged more than 70 percent to nearly VND23 … [Read more...] about Banks in Vietnam report handsome profits in 2022
Vietnam establishes diplomatic ties with Trinidad and Tobago
Vietnam officially set up diplomatic relations with Trinidad and Tobago on Wednesday, taking the number of countries that Hanoi has diplomatic ties with to 192. According to the Ministry of Foreign Affairs, Ambassadors Dang Hoang Giang and Dennis Francis Smith, heads of the delegations of Vietnam and Trinidad and Tobago, respectively, to the United Nations (UN), signed a joint communiqué on the diplomatic tie establishment on behalf of the two governments at the UN headquarters in New York. The two sides agreed to exchange diplomatic representatives at the ambassadorial level under the 1961 Vienna Convention on Diplomatic Relations. On the same day, the joint communiqué was sent to UN Secretary General Antonio Guterres for circulation and to UN member countries for information. With the diplomatic ties with Trinidad and Tobago, Vietnam has had official diplomatic relations with all 35 countries in the Americas and 190 out of the 193 member countries of the UN, proving the … [Read more...] about Vietnam establishes diplomatic ties with Trinidad and Tobago
Work starts on $23.5mn bridge linking Hai Phong to Quang Ninh in northern Vietnam
Authorities in Hai Phong City, northern Vietnam began construction of a bridge to create the fourth linkage of its kind with neighboring Quang Ninh Province on Thursday. Investment in the project, which includes building the Lai Xuan Bridge across the Da Bach River and expanding Provincial Road 352 to connect Hai Phong’s Thuy Nguyen District with Dong Trieu Town in Quang Ninh, totals nearly VND1.33 trillion (US$56.93 million). Of the total, nearly VND550 billion ($23.45 million) is dedicated to the construction of the Lai Xuan Bridge, which will be 840 meters long and 12 meters wide upon completion. The remaining capital is for the renovation and expansion of the 14km-long Provincial Road 352. Delegates press symbolic buttons to start a project to build the Lai Xuan Bridge and renovate a provincial road to directly connect Hai Phong City and Quang Ninh Province in northern Vietnam, February 2, 2023. Photo: Tien Thang / Tuoi Tre The project is being funded by … [Read more...] about Work starts on $23.5mn bridge linking Hai Phong to Quang Ninh in northern Vietnam