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Instead of competing fiercely with each other, cashew companies have now joined hands to boost exports and focus on deep processing to obtain higher added value for their products. In the first seven months of the year, Vietnam exported 245,000 tons of cashew nuts, an increase of 11 percent over the same period last year, but the export turnover decreased by 22 percent to $1.8 billion. Analysts said that in such conditions cashew companies need to be united and focus on deep processing. In order to have enough cashew nuts for export, Vietnam has to import 2/3 of materials needed, mostly from Ivory Coast, Tanzania, some countries in West Africa and from Cambodia. The way cashew companies organize production is just like production of textile and garment companies. Chair of the Vietnam Cashew Association (Vinacas) Pham Van Cong advised enterprises to design the terms of contracts very carefully when doing business with African companies. In case of dispute, the dispute should be … [Read more...] about Good news for Vietnam’s cashew industry

Cultural shows named "Vietnam Night" are hosted by the Embassy of Vietnam and Vietravel to promote tourism in Israel. (Photo: VNA) Tel Aviv (VNA) – The Embassy of Vietnam in Israel and Vietravel tour operator co-hosted cultural shows named “Vietnam Night” in Tel Aviv on November 11 – 12 to promote Vietnamese cultural beauty and boost tourism. The two shows, one held at Crowne Plaza, the other at the embassy, featured Vietnamese traditional music performances by artists from Ho Chi Minh City and screening of videos on Vietnamese popular destinations, such as Hanoi, Hoi An Ancient Town, Ha Long Bay, Sapa and Ha Giang. They attracted both Israeli audience and Vietnamese people living in the country. Speaking at the events, Vietnamese Ambassador Do Minh Hung said he expects the two shows will give local audience a glance into Vietnamese culture and more Israeli visitors will know about Vietnam. Tourism has become one of the key economic sectors in Vietnam, Hung … [Read more...] about Vietnam’s cultural shows promote tourism in Israel

First-ever underground market in Ho Chi Minh City, Sense Market, before it was closed in April. The market is re-opened under a new name "Central Market" on September 21. The subterranean market, which combines a shopping centre and a food court, was re-launched by Cuu Long 23-9 JSC on September 21. It spreads over 11,000sq.m, including 4,000sq.m for parking, and consists of the 1,500sq.m Asiana Food Town featuring nearly 100 street food stalls selling food from various countries like Vietnam, Japan, Thailand, Laos, Cambodia, and India and the 2,000-sq.m Taka Plaza with some 300 shops selling various goods at fixed prices. It also includes a Co.op Food outlet and a game centre. Central Market is a mixture between a conventional and a modern market, said Director General of Cuu Long 23-9 JSC Nguyen Binh Phuong. It is Vietnam’s first-ever underground market and also a venue for events and festivals, which helps promote reputation of the city and the country among both … [Read more...] about HCM City’s first-ever underground market reopens

Tourists in Thailand (Source: Bangkok Post) Bangkok (NNT/VNA) – All the slots on the 100-THB tourism campaign, where another 10,000 slots were released on November 13, the second day of the sign up period, were all filled within minutes. Those who have yet to seize one of these offers can try again on December 11 and 12 this year. All the slots for the 100-THB Thailand tourism offer released in the morning of November 13 were filled by 6:05 a.m. A survey shows that the campaign is receiving good feedback from the public, resulting in the #100เดียวเที่ยวทั่วไทย (100 THB tour across Thailand) reaching number 1 on Twitter’s top trending topics. The 100-THB Thailand tourism packages campaign will allow those who have successfully signed up, to purchase tourism products and services at a discounted price. The Tourism Authority of Thailand will offer 40,000 of these … [Read more...] about Thailand: 10,000 sign up for 100-baht tourism offer within minutes

Tourists visit Van Mieu-Quoc Tu Giam (Temple of Literature and National University) in Hanoi (Photo: VNA) Hanoi (VNA) – A tourism promotion event was held in Hanoi on November 12 with the participation of 30 travel agencies from ten European countries. At the promotion event, tourism businesses from not only Hanoi but also other localities  introduced their tourism products and services to the European partners. The municipal Department of Tourism also screened short advertising clips jointly produced by the city and the US Cable News Network (CNN). This is the second time the Hanoi Department of Tourism has welcomed tourism businesses from Europe, according to the department’s Director Tran Duc Hai.  He said to further increase trade promotion and exchange activities between Hanoi and Europe, the department will continue providing the best conditions for European travel firms and tourists. He hoped European enterprises will carry out more … [Read more...] about European travel agencies explore tourism destinations in Hanoi