Jesse Choi, CEO of Sunwah Innovations and director of Sunwah Vietnam talked about Vietnam's market entry opportunities and strategy The webinar received around 100 participants including experts and representatives of corporates, startups, universities, incubators and accelerators, venture capital firms, and business associations from Vietnam and neighbouring countries and territories including Cambodia, Singapore, Japan, South Korea, China, and Hong Kong. Vietnam has seen significant improvements in developing a dynamic and open business environment. In the post-pandemic period, the country stands firm as one of the most attractive destinations in the Southeast Asian region for foreign investors and businesses including venture capital firms and startups. Realising an increasing need from overseas startups and supporting organisations to explore and gain footholds in the market, Sunwah Innovations organised the Vietnam Market Entry Opportunities and Strategy webinar. It was … [Read more...] about International webinar on Vietnam’s Market Entry Opportunities and Strategy
Visa free entry to china
Regent Phu Quoc among world’s 6 best seaside hotels: Independent
"This ultra-luxury resort captivates what's so special about this beautiful island with its untouched shores and tropical landscapes. Its proximity to the beach means it's easier than ever to escape into nature," the newspaper said. The resort, around 15 minutes from Phu Quoc International Airport in the southern island, opened its in April. It features 302 suites and villas, six restaurants and bars, swimming pools overlooking Long Beach, one of the most beautiful on Phu Quoc, next to a UNESCO-recognized world biosphere reserve. It recommended tourists to try Japanese-French cuisine inside Oku, the resort's signature restaurant, or enjoy Vietnamese and Chinese gastronomy at Rice Market. The resort also has a fitness center, reset meditation studio and rooftop yoga pavilions. Phu Quoc, Vietnam's largest island, has become internationally popular after the government allowed 30-day visa-free entry in 2014. The other five hotels included by the British newspaper were Crowne … [Read more...] about Regent Phu Quoc among world’s 6 best seaside hotels: Independent
Foreign tourist number in H1 recovers to 7 pct of pre-pandemic levels
The figure grew 6.8 times against the same period last year when Vietnam still maintained entry restrictions, according to the General Statistics Office (GSO). Most visitors arrived by air, accounting for over 87 percent of the total, up 9.4 times against the same period of last year. Vietnam's tourism recovery this year has been driven mainly by Asian visitors who account for nearly 65 percent of total foreign arrivals, or 392,000. Officials said the lifting of entry restrictions and resumption of regular flights to over 20 international markets have boosted the country's tourism recovery. Many of Vietnam's biggest cities have witnessed a tourism boom after nearly two years. The number of tourist arrivals to Hanoi in the January-June period increased by three times year-on-year to 8.61 million, including 211,000 foreigners. Ho Chi Minh City, Vietnam's southern metropolis, received 478,000 foreign tourists, up 100 percent. Starting March 15, the country allowed … [Read more...] about Foreign tourist number in H1 recovers to 7 pct of pre-pandemic levels
Vietnam is not fully open to tourists
"Vietnam is open to countries that can obtain an electronic visa and countries that are exempt from visa only. But not for all countries of the world." amer_live_83 "The 3-month multi-entry visa is still not available." Sgutieres "To this day it is absolutely incomprehensible to us that there are no tourist visas that allow us to stay in Vietnam for more than 30 days. Isn't Vietnam interested in us wealthy retirees who want to escape the whole winter in Europe or America? We are happy to show proof of income and bank statements so that Vietnam issues long-term visas for pensioners to us. The cold winter in our countries lasts more than 30 days. E-visas are not sufficient for us." peter.w.zimmermann "The requirement for health insurance is a restriction because not everyone can buy health insurance. For others it is an unnecessarily expensive way to cover health costs and it would discourage a visit to Vietnam." Tayruong "Why do we then need to walk around with already … [Read more...] about Vietnam is not fully open to tourists
Việt Nam among few countries totally re-opening international tourism
Foreign tourists on the express boat trip between Đà Nẵng City and Lý Sơn Island. — VNA/VNS Photo HÀ NỘI — UNWTO's Destination Tracker tool showed that 52 countries have fully reopened their borders to foreign tourists as of June 17, and Việt Nam is one of only four in the Asia-Pacific, said Harry Hwang, executive director of the Asia-Pacific region for UNWTO. The executive director made the announcement at a tourism conference held in the Republic of Korea (RoK) on June 23-26, the Government Portal reported. The Asia-Pacific region is recovering tourism slowly, because many source markets have not yet fully reopened. Experts predict that the recovery prospects of the Asia-Pacific region would also be slower, maybe taking until 2024 to return to pre-pandemic levels. In Việt Nam, foreign tourists do not need to submit health declarations before entry while the domestic tourism market is also witnessing a strong recovery post reopening, said Hà Văn Siêu, deputy head … [Read more...] about Việt Nam among few countries totally re-opening international tourism
Vietjet to start 7 new international routes from Da Nang
There would be four to seven weekly flights on each route -- to Singapore, South Korea’s Busan and India’s New Delhi, Mumbai, Hyderabad, Ahmedabad, and Bangalore -- the airline announced at a business forum late last week. Nguyen Thanh Son, deputy chairman of Vietjet, said the direct services are expected to boost tourism and investment in Da Nang as Vietnam fully reopens after Covid-19. In 2019 Vietjet was the first carrier to fly to India, one of Vietnam's fastest growing tourism markets before the pandemic. Da Nang, with its beautiful beaches and other stunning tourist sights, expects to receive 180,000 foreign visitors this year. In 2019 there were 3.5 million foreign visitors. Vietnam has allowed quarantine-free entry since March 15 and resumed visa exemption for South Koreans. It has also removed Covid testing requirements. … [Read more...] about Vietjet to start 7 new international routes from Da Nang
EU supporting comprehensive implementation of the EVFTA
Peter Bernhardt, team leader of the ARISE+ Vietnam project Since coming into force in August 2021, the EU - Vietnam Free Trade Agreement (EVFTA) has become an effective tool for boosting trade ties between the EU and Vietnam. What should Vietnam pay attention to in order to benefit more from this deal? I agree that the overall picture of EVFTA performance in this starting period, where exporters and government authorities from both sides have to adapt to the new situation, looks definitely promising. The EVFTA is the most ambitious FTA that the EU has ever signed with a developing country. The deal will mutually lift about 99 per cent of the tariffs within 10 years. Duty was lifted from 65 per cent of EU exports to Vietnam and 71 per cent of Vietnamese exports to the EU, immediately after the EVFTA came into effect. As most Vietnamese exporting products are consumer products, the real challenge Vietnam exporters will face to comply with EU consumer protection regulations is … [Read more...] about EU supporting comprehensive implementation of the EVFTA
Emirates offers summer special promotion in Dubai
A view of the world’s tallest building Burj Khalifa in Dubai. — Photo courtesy of Emirates Emirates offers customers free entry to some of the UAE’s most popular attractions plus many more exciting offers this summer, while the city’s marquee event - The Dubai Summer Surprises - returns with a full calendar of entertainment, culture and family activities. Whether returning to Dubai or visiting for the first time, Emirates customers can enjoy free entry to these top-rated UAE attractions, including the world’s tallest buildings, Burj Khalifa, Dubai Fountains Boardwalk, and Louvre Abu Dhabi. These summer specials are valid for travellers who book a return trip to Dubai in any cabin class between June 27 and July 10, 2022, for travel from July 1, 2022, to September 30, 2022. The Emirates boarding pass also doubles up as a discount card for the summer until September 30 2022. Members of Emirates’ award-winning loyalty programme, Skywards, can earn Miles on everyday … [Read more...] about Emirates offers summer special promotion in Dubai
Conference reviews Vietnam-Guangdong cooperation
Vietnamese and Chinese officials take part in the teleconference on June 29. (Source: VNA) Hanoi (VNA) – A conference reviewing cooperation between Vietnamese ministries, localities and Guangdong province of China was held in virtual form on June 29 under the chair of Vietnamese Deputy Foreign Minister Pham Quang Hieu and Guangdong’s Vice Governor Wang Xi. Opening the conference, the eighth of its kind, Deputy FM Hieu expressed joy at the positive developments in the Vietnam-China relationship in general and between Vietnamese ministries, localities and Guangdong in particular. Guangdong has the biggest trade revenue with Vietnam among Chinese localities , with bilateral trade up 16.2 percent in 2021 to 47.42 billion USD, accounting for more than one quarter of Vietnam-China trade value. Guangdong companies invested nearly 2 billion USD in Vietnam in 2019-2020. Deputy minister Hieu said amidst fast developments in global and regional economic situation, the two … [Read more...] about Conference reviews Vietnam-Guangdong cooperation
Vietnam considered promising destination for world’s big names
Illustrative image (Photo: VNA) Hanoi (VNA) - Vietnam is said to be a destination for many major companies in the world, as the disruption of production activities due to the COVID-19 pandemic in China has forced them to find ways to move part of their production lines out of this country. Consultant Henrik Bork of Asia Waypoint said that more and more Chinese consumer electronics manufacturers such as Luxshare Precision Industry, Goertek and Pegatron have recently set up new factories in Vietnam. In its article in early June, Nikkei Asia wrote that for the first time ever Apple is moving some iPad production out of China and shifting it to Vietnam. German English-language news site DW reported that companies, especially those operating in the electronics industry, are investing much in Vietnam. In February, the Republic of Korea's leading electronics group Samsung announced that it would invest an additional 920 million USD in the Southeast Asian country. … [Read more...] about Vietnam considered promising destination for world’s big names