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Vietnam tourism statistics

Local game developers eye great opportunities at home

January 27, 2023 by en.vietnamplus.vn

Illustrative image (Photo: vietnamnet) Hanoi (VNA) – The bustling game market in Vietnam is offering numerous opportunities for developers, according to experts. Le Quang Tu Do, Director of the Authority of Broadcasting , Television and Electronic Information under the Ministry of Information and Communications (MIC), cited data from App Annie 2020 showing that Vietnam ranked seventh in the world and second in Southeast Asia in the number of game downloads. Meanwhile, the country also ranked third in the top 10 game application manufacturers in the region. For every 25 games downloaded, there is one produced in Vietnamese studios. According to the statistics of Sensor Tower and the Vietnam Game Studio Club, there are currently about 5,000 games produced by Vietnamese people, mostly for children, entertainment, and education. Do said that the wage of each game developer in Vietnam is about 187 million VND (7,975 USD) per year, while that of each artist is abour 389 million … [Read more...] about Local game developers eye great opportunities at home

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Retail market forecast to bustle this year

January 27, 2023 by en.qdnd.vn

According to the Ministry of Industry and Trade (MoIT), the scale of the Vietnamese retail market is USD 142 billion, which is expected to reach USD 350 billion in 2025, with contribution of 59% to total GDP. Last year, the total revenue from retail sales of goods and services rose 21%, exceeding the target of 8%. A survey by Vietnam Report showed that over 53.8% of total retail firms enjoyed similar and higher business results compared to the pre-pandemic level. Experts held that growth of retail sales is being supported by rise in income and the strong recovery of the tourism sector as well as relevant sectors such as transport and accommodations, as well as the effectiveness of inflation control measures. Particularly, from now to the lunar New Year (Tet) Festival, which falls in late January, consumers are predicted to loosen their wallet dramatically. At the same time, there are signs of vibrant retail activities as many foreign investors have announced their plans to … [Read more...] about Retail market forecast to bustle this year

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Co Loa Temple Festival opens

January 27, 2023 by hanoitimes.vn

Co Loa Citadel represents the thousand-year history of the nation. This annual event is held to pay tribute to King An Duong Vuong, founder of the ancient Vietnamese kingdom of Au Lac, who led the fight against foreign enemies and ruled the country for 50 years in the 3rd century BC. The colorful festival of Co Loa Temple will take place until February 6. Photo: VNA At the opening of the festival, Dong Anh District People's Committee Chairman Nguyen Xuan Linh recalled that more than 2,300 years ago, after leading the resistance war against more than 50,000 Qin soldiers, King An Duong Vuong established the capital of the Au Lac Kingdom in Co Loa. “This is one of the extremely valuable historical sites with unique architecture and also an important archaeological site of the country,” he said. "The Co Loa citadel has become a symbol of the proud ancient Vietnamese civilization," he added. Being considered one of the oldest festivals in Vietnam, Co Loa … [Read more...] about Co Loa Temple Festival opens

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Prime Minister praises Ring Road 4 project’s land clearance

January 27, 2023 by hanoitimes.vn

Prime Minister Pham Minh Chinh asked the ministries to quickly resolve the relevant issues to keep the ring road project moving forward as planned. Hanoi and the two provinces of Bac Ninh and Hung Yen have made big progress in land clearance for the construction of the Ring Road 4, Prime Minister Pham Minh Chinh said on January 27. Prime Minister talks to local people that live in the area of the Ring Road 4 on January 27. Photo: Vietnam News Agency At the moment, Hanoi municipal  authorities have developed a land clearance plan for the whole 58.2-kilometer stretch of the ring road that runs through Hanoi. The capital has relocated almost two fifths of all the graves found along the ring road. Hung Yen Province has cleared land in Van Giang, Khoai Chau, Yen My and Van Lam districts and moved almost 16% of all graves along the ring road. Meanwhile, Bac Ninh Province does not have a plan to relocate graves and cemeteries in the project area, but Bac Ninh … [Read more...] about Prime Minister praises Ring Road 4 project’s land clearance

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