Revitalizing tourism
Danang’s tourism industry did well in 2019, with 8.6 million visitors, including 3.5 million foreigners, VND30,973 billion in revenue and 35 international flight routes. After three years of an unexpected suspension, the tourism sector of the central coastal city is looking for a second boom.
Is it time to tighten bancassurance?
Making the sale of insurance transparent and managing the quality of consulting during this process are the key to ensuring the long-term sustainable development of bancassurance—the distribution of insurance products via banks. A “gold mine” called insurance 2022 was another “bumper” year for
Foreign reserves rise again
Vietnam’s foreign exchange reserves are being replenished. Signs foreseen The State Bank of Vietnam (SBV) has been buying foreign currency since January, acquiring an extra US$2.78 billion last month, raising the nation’s foreign exchange reserves to US$91.78 billion, as per an analytical report
Making digital nomad a lifestyle
For Sylvie Nguyen, being a digital nomad is a lifestyle. Traveling to new environments and new countries inspires her and helps her strike a good balance between her work and personal life. In an interview with The Saigon Times, Nguyen talks about her life as a digital nomad, its benefits and
Conference highlights need to relax visa policy to attract int’l guests
HCMC – A tourism conference on the visa policy was held by Thanh Nien newspaper on March 10. Addressing the conference, Nguyen Ngoc Toan, editor-in-chief of Thanh Nien Newspaper, said many countries have favorable visa policies for international guests. According to VisaGuide.World in late 2022,
Transport Ministry proposes extending auto test certificates by 15 days
HCMC – Vehicle registration and testing certificates should be extended by 15 days to give auto owners more time due to huge backlogs at auto testing centers, the Ministry of Transport proposed in a letter sent to the Government on March 10. During this 15-day period, vehicles should be banned
Ninh Thuan targets 2.7 million tourist arrivals this year
HCMC – The south-central province of Ninh Thuan has set a target to welcome 2.7 million tourists, including 20,000 from abroad, this year. Nguyen Long Bien, vice chairman of the provincial government, issued a decision on the plan on March 9 to implement tourism promotion programs and fulfill this
Local drug makers struggle to expand market share
HCMC – The Saigon Times Group held a CEO forum connecting experts, authorities and leaders of pharmaceutical firms yesterday, March 9, to discuss the shortcomings of domestic pharmaceutical firms and improve the competitiveness of local manufacturers. The forum, “Enhancing the competitiveness of
Quang Ninh gears up to welcome back Chinese tourists
HCMC – Authorities, travel companies and tourism service providers in Quang Ninh Province are preparing to welcome back group tours from China, as the northern neighbor has allowed the organization of group tours to Vietnam from March 15. China’s move to reopen outbound group tours is seen as a
Chinese firm to pour US$2.5 billion into Thai Nguyen
HCMC – China’s Sunny Group is planning to invest US$2.5 billion in an industrial project in the northern province of Thai Nguyen. At the Vietnamese Government’s Office on March 8, Thai Nguyen Province and Sunny Group signed a memorandum of understanding to develop an industrial center at the Yen
Deputy PM urges handling congestion at auto testing centers
HCMC – Deputy Prime Minister Tran Hong Ha has requested the Ministry of Public Security and the Ministry of Transport to find solutions to worsening congestion at auto inspection centers so as to protect the legitimate interests of car owners. Deputy PM Tran Hong Ha yesterday, March 8, worked with
VND17.7 trillion in corporate bonds to fall due this month
HCMC – The amount of corporate bonds falling due in March is VND17.7 trillion, triple the figure in the previous month, showed data from the Vietnam Bond Market Association. Of the total, the real estate sector accounted for 43%, at nearly VND7.7 trillion, the consumer goods sector 29% at VND5.1
