Zodiac sign for june 25

The Hanoitimes - The country saw the modest number of tourists in June compared to the same period in the past many years. Foreign arrivals in Vietnam in June dropped the the lowest in many years as the Southeast Asian country shut its borders to bar intrusion of the coronavirus although tourism accounts for 9% of its GDP. The international influx to Vietnam decreased by 61.3% in June compared to May and 99.3% year-on-year to 8,800, according to the General Statistics Office (GSO). Vietnam shifts its focus to domestic tourists as borders remain shut. Photo: Cao Ky Nhan. Foreign visitors are mainly expats, diplomats, business executives and high-skilled laborers as Vietnam still bans foreign entry. In the first six months of 2020, Vietnam welcomed 3.74 million international visitors, a drop of 55.8% over the same period last year, GSO data showed. In the six-month period, revenue from tourism was VND10.3 trillion (US$442.2 million), down 53.2% compared to the same period last year, marking the biggest drop in the past six years, according to the GSO. Between January and June, Asian visitors still accounted for the majority of the tourist inflow, with nearly 2.73 million, down 58.4% over the same period last year. Of the amount, arrivals from China, South Korea, Japan, Taiwan (China), Malaysia, among others, sharply decreased by 63%, 60.4%, 55.8%, 55.2%, 61%, respectively. Arrivals by air dropped 54.3% year-on-year to more than 3 million, accounting for 81.2%, while 559.600 came by road, decreasing 66.8%, while those coming by sea rose 3.7%. Visitors from Europe totaled 666,100, falling 42% while those from the Americas totaled 234,500, a decline of 54.8%, mostly from the US (with 172,800, down 56%). About 102,300 arrivals were from Oceania, a decrease of  53.9% while visitors from Africa were 12,100, down 46.6%. Travel businesses continue struggling Many Vietnamese travel businesses are working on resuming inbound services …

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Vietnam racks up $1.29 billion in trade surplus in two months The country’s trade turnover during January-February topped some 95.81 billion USD, a year-on-year surge of 25.4 percent. Vietnam’s trade balance posted positive, 1.29 billion USD, in the first two months of the year, the General Department of Customs said on December 28. The country’s trade turnover during January-February topped some 95.81 billion USD, a year-on-year surge of 25.4 percent. Of the total, exports amounted to 48.55 billion USD, a yearly hike of 23.2 percent, while imports were estimated at 47.26 billion USD, or 25.9 percent higher than the same time last year. Foreign-invested companies accounted for 76.4 percent, or 37.07 billion USD, of Vietnam’s total export turnover. Meanwhile, the domestic sector shipped abroad 11.48 billion USD worth of products. There were nine commodities joining the billion-USD export club, including telephones and parts (9.3 billion USD, up 22.8 percent year-on-year); electronics, computers and parts (6.9 billion USD, up 27.3 percent); equipment, machines and parts (5.5 billion USD, up 72.6 percent); footwear (3.2 billion USD, up 15.4 percent); and wood and wooden products (2.4 billion USD, up 51 percent). They made up 73 percent of the country’s export turnover. The US was Vietnam’s biggest importer as it splashed out 14.2 billion USD on Vietnamese products, or 38.2 percent higher than the amount it spent the same time last year. China came second with 8.5 billion USD, followed by the EU with 6.3 billion USD, ASEAN 4.2 billion USD, the Republic of Korea 3.4 billion USD, and Japan 3.2 billion USD. Meanwhile, the country spent big (47.26 billion USD) on imports, with foreign-invested sector purchasing 31.64 billion USD worth of products from abroad for production, up 31.4 percent, while that of the domestic sector surged 16 percent to 15.62 billion USD. In the two-month period, China was the largest exporter of Vietnam, with revenue …

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In June last year, Ngo Dinh Vuong halted the operation of his garment factory in Quang Minh Industrial Park in Hanoi’s Dong Anh District due to the health crisis. The factory was opened in late 2018 and is the third to have been opened by Vuong in the northern region of the country since 2016. Then in July, the second factory, based in Hung Yen Province, faced the same plight, leaving the first factory operating moderately also in Hung Yen. The three factories are managed by Hoang Yen Garment and Trading JSC, established in 2016, where Vuong is the director. However, in early January, the two factories with halted operations began resuming operations as some big contracts have been landed with local and foreign experts. This would allow 800 workers to have incomes. “We are happy that all of our three factories are in full operations now,” Vuong told Nhan dan Online. Hoang Yen Company’s case is among more than 11,000 enterprises resuming operation in the first two months of this year nationwide. According to the General Statistics Office (GSO), also in the first two months of 2021, the economy saw 18,100 newly-established enterprises with total registered capital of VND334.8 trillion (US$14.55 billion), employing 172,800 new labourers – up 4% in the number of enterprises, 52.2% in capital, and 9.7% in the number of labourers as compared to those in the same period of last year. In particular, the average registered capital of each newly-established business in the two months of the year is VND18.5 billion (US$804,347), up 46.4% year-on-year. If an additional VND385.6 trillion (US$16.76 billion) registered by 6,500 operational enterprises is included, the total registered capital inserted into the economy in the first two months is VND720.4 trillion ($31.32 billion). In February, despite the Lunar New Year, the number of newly-established firms hit more than 8,000 registered at VND179.7 trillion (US$7.81 billion), down 20.3% in the number of enterprises …

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