Authorities in Quang Nam Province, central Vietnam will spend VND210 billion (US$9 million) building an emergency embankment to deal with severe coastal erosion. The Quang Nam People's Committee announced its decision to build an emergency anti-erosion embankment at Cua Dai Beach, Hoi An City on Tuesday. The project aims to prevent coastal erosion and regenerate the beach along Cua Dai coastline. In addition, it will reduce damage caused by natural disasters and climate change, and create a driving force for local socio-economic recovery and development. The project includes the construction of an underground dike system with a length of about 550 meters to cushion the impact of waves. It will also regenerate a 1,450-meter beach. The project is estimated to cost VND210 billion, funded by the national coffers. Cua Dai Beach was seriously eroded due to the impact of typhoons in 2022, resulting in serious damage to many houses and tourist establishments. Like us on … [Read more...] about Central Vietnamese province to spend $9mn on emergency anti-erosion embankment
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Vietnam International Travel Mart 2023 to spotlight cultural tourism
Tourists experience making clay arrows on the opening ceremony of the Hanoi Tourism Festival 2023 on March 24 (Photo: VNA) Hanoi (VNA) – The Vietnam International Travel Mart (VITM) themed “Cultural tourism” will take place on April 13-16 at the Cultural Friendship Palace in Hanoi, featuring 450 pavilions from over 50 localities nationwide, and 15 countries and territories aroundthe world. The event is expected to attract over 60,000 visitors, and representatives from 2,500 businesses, that are interested in seeking cooperation opportunities and partners. Speaking at a press conference in Hanoi on March 28 to announce the event, Chairman of the Vietnam Tourism Association Vu The Binh said this year’s event aims to encourage travel firms to invest in developing new tourism products through making the most of unique traditional culture and culture heritage values of Vietnam. The difference in culture, customs, production activities, and daily life of 54 ethnic groups … [Read more...] about Vietnam International Travel Mart 2023 to spotlight cultural tourism
UNESCO continues fund for gender equality project in Vietnam
The "We are ABLE" project aims to strengthen the ability of children from ethnic minorities, especially girls, to overcome the challenges they face. The Ho Chi Minh Communist Youth Union on March 28 announced Phase II of the project "We are ABLE - Promoting Gender Equality and Girls' Education for Children in Ethnic Minority Areas of Viet Nam". The launching ceremony of UNESCO’s “We are ABLE” project occurred on March 28 in Hanoi. Photos: UNESCO Vietnam According to Christian Manhart, UNESCO Representative in Vietnam, the project is expected to contribute to the Vietnamese Government's new 10-year Strategic Plan for Education Development, the Strategy for Ethnic Minority Development, and the national commitment to achieving Sustainable Development Goals, especially Goal 4 on education and Goal 5 on gender equality. In Vietnam, ethnic minorities are often disadvantaged compared to the majority population due to stereotypes and other cultural barriers. … [Read more...] about UNESCO continues fund for gender equality project in Vietnam
Vietnam International Travel Mart 2023 to spotlight culture tourism
The event is expected to attract over 60,000 visitors, and representatives from 2,500 businesses, that are interested in seeking cooperation opportunities and partners. Speaking at a press conference in Hanoi on March 28 to announce the event, Chairman of the Vietnam Tourism Association Vu The Binh said this year’s event aims to encourage travel firms to invest in developing new tourism products through making the most of unique traditional culture and culture heritage values of Vietnam. The difference in culture, customs, production activities, and daily life of 54 ethnic groups in Vietnam is always attractive to domestic and international tourists, Binh stressed, expressing his hope that VITM 2023 will help bring tourism into an important part of the cultural industry, thus contributing to preserving the value of Vietnamese cultural heritage. Within the event's framework, a forum on Vietnamese cultural tourism development will be held on April 14, with the participation of … [Read more...] about Vietnam International Travel Mart 2023 to spotlight culture tourism
Italian culture more than just food, fashion, football: consul general
Consul General of Italy in Ho Chi Minh City Enrico Padula realized that when Vietnamese people think about his country, all they know is the 3 Fs: food, fashion, and football. “Italian culture is surely more than that,” the diplomat said during an interview with Tuoi Tre News on the occasion of the 50th anniversary of diplomatic relations between Vietnam and Italy. So what is 'Italy' in your mind? We are heading to a 'mixed' development. Culture, commerce, and sciences in Italy are indispensable. Because all are linked through time, that’s how our fashion segment has developed so successfully. And now, we have technology to join in the aggregate. For example, a car will have the mix of Italian technology and the Italian esthetics that we already have in our architecture and interior design. We are trying our best to introduce and promote the aggregate all together. I think this is one of the best ways to develop. I am sure that Vietnamese people highly appreciate this … [Read more...] about Italian culture more than just food, fashion, football: consul general
Cultural tourism a highlight of upcoming travel expo in Hanoi
Cultural tourism was chosen as the main theme for the Vietnam International Travel Mart – VITM Hanoi 2023, scheduled for April, with an aim at promoting Vietnam’s traditional and modern culture to international visitors. Developing cultural tourism products With cultural tourism as the main theme, this year’s expo is expected to encourage tourism businesses to study and design new travel products by making the most of unique values of the country’s traditional culture and its heritages, according to the Vietnam Tourism Association (VITA), the expo’s organizing board. The cultural diversity of 54 ethnic groups in Vietnam has given the Southeast Asian nation a big advantage in attracting international visitors. “We need to review our travel products to develop specialized cultural ones while introducing the concept of cultural tourism to vocational schools. “A step-by-step roadmap is needed to develop and promote cultural tourism,” Vu The Binh, chairman at the VITA, said at … [Read more...] about Cultural tourism a highlight of upcoming travel expo in Hanoi
Ho Chi Minh City hotels waiting for int’l guests
Although Vietnam reopened its door to international tourists over a year ago, small and medium lodging facilities in Ho Chi Minh City are still struggling to recover due to the small number of international visitors. Their largest source market is China while the number of guests from the northern neighbor remains modest, forcing many hotels to use their facilities for other purposes or stop leasing spaces. Shutdown, falling room occupancy In District 1, many hotels which used to be crowded with foreign travelers are now empty or have been replaced by other businesses. On Ly Tu Trong Street, a spacious hotel is being repurposed. The hotel is in a prime site, near Ben Thanh Market, Nguyen Hue Pedestrian Street, and Le Loi Boulevard, once favored by international tourists. Many 'House for Lease' signboards can also be seen along Bui Vien Walking Street and De Tham Street with many of them being hung in front of small, one- and two-star hotels. The director of a chain of … [Read more...] about Ho Chi Minh City hotels waiting for int’l guests
Phu Quoc attracts international tourists thanks to superior visa policies
Phu Quoc Island is an ideal choice for travel and long-term relaxation, with a complete visa exemption policy for international visitors, a temporary stay of up to 30 days, a rich natural environment, and pleasant architecture. Phu Quoc is famous for its beautiful and dreamlike beaches. Foreigners and Vietnamese holding foreign passports benefited from a 30-day stay on Phu Quoc island exempt from requiring visas from July 1, 2020. Foreigners can enter Vietnam by air or sea and stay in transit and then transfer directly to Phu Quoc Island without requiring a visa. Hon Thom cable car, the longest of its kind in the world, is in the South of Phu Quoc island. As an isolated island located in the Gulf of Thailand, located off the southwest of mainland Vietnam, the means of transportation to Phu Quoc are very convenient with air, sea, and land routes. Tourists can use Phu Quoc International Airport Border Gate, Ha Tien International Border Gate, and … [Read more...] about Phu Quoc attracts international tourists thanks to superior visa policies
VN-Index rises for sixth day in a row
Logo of Techcombank on its headquarters in Ly Thuong Kiet Street, Ha Noi. The bank shares surged nearly 4 per cent on Tuesday, helped lift the market sentiment. — VNS Photo Ly Ly Cao The Vietnamese stock market diverged on Tuesday, but the VN-Index extended its rising streak to the sixth straight day. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index increased 2.04 points to end the trading day at 1,054.29 points, or up 0.19 per cent. The breadth of the market remained in positive territory with 166 stocks on HoSE inching higher, while 158 stocks went down. Liquidity continued to rise over the previous session. Specifically, the trading value on the southern exchange advanced by 15.4 per cent to more than VND11.2 trillion (US$477 million), equivalent to a trading volume of 648.1 million shares. The VN30-Index, tracking the 30 biggest stocks on HoSE, edged up 2.37 points, or 0.22 per cent, to 1,058.82 points. In the VN30 basket, 12 stocks added points, while 13 slid and … [Read more...] about VN-Index rises for sixth day in a row
Many factors support foreign capital flow
Analysts forecast that there is still motivation for net buying from foreign investors in the future. — Photo hsx.com.vn Many factors are expected to draw cash flow back to the stock market, especially that from foreign investors. Although foreign investors only net bought VND400 billion in 5 trading sessions in the past week, a sharp decrease compared to over VND2.3 trillion in the previous week, analysts forecast that there is still much motivation for net buying from foreign investors in the future. Foreign investors’ net buying value on the Ha Noi Stock Exchange (HNX) also decreased by 75.6 per cent to VND41 billion, while their net selling value on UPCOM totalled VND27 billion, an increase of 66.8 per cent compared to the previous week. In general, foreign investors net bought VND340 billion on the matching channel and bought another VND60 billion via the put-through channel. Regarding the buying side, foreign investors focused on collecting Vinhomes (VHM) shares, Hoa … [Read more...] about Many factors support foreign capital flow