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Located nine kilometres from the centre of Buon Ma Thuot city, Kontam tourist site is an attractive destination for tourists, particularly at weekends and public holidays. Covering a total area of 17 hectares and hosting magnificent hills, mountains, waterfalls, springs, valleys, and accommodation facilities imbued with the typical culture and architecture of the E De ethnic group, Kotam welcomes more than 400,000 tourists every year. According to Deputy Director of Dak Lak provincial Department of Culture, Sports and Tourism Dang Gia Duan, the launch of the Kontam tourist site has contributed to preserving and promoting the distinct culture of the Central Highlanders while reducing poverty and generating income for local ethnic minority people. The successful tourism model was made possible thanks to a joint effors of a group of five female entrepreneurs five years ago. They are Nguyen Thi Ngoc Anh, Nguyen Thi Hue, Nguyen Thi Phuc Minh, Vu Thi Xoan and Doan Uyen Thao, directors … [Read more...] about Kotam tourist site: An example of integrating ecological tourism and local cultural identity

In the industrial field, the province gives the priority to luring investment in Quang Chau and Hoa Phu industrial zones and industrial clusters of Bac Giang city and Viet Yen, Yen Dung, Luc Nam, Lang Giang, Tan Yen and Hiep Hoa districts, and in the fields of mechanical engineering, manufacturing, electronics, power generation, garment and textiles and support industry. In trade and services, Bac Giang is focusing on attracting investment in urban areas, commercial centres, luxury hotels and resort projects, particularly in Lang Giang, Luc Ngan and Luc Nam district, Thang stated. Attention will be paid to drawing investment in tourist site projects such as Suoi Mo (Mo Spring) in Luc Nam, Cam Son and Khuon Than Lakes in Luc Ngan, Nham Bien Mountain in Yen Dung, and several golf courses. In the agricultural sector, the locality is encouraging the development of preservation, deep processing, fine processing and hi-tech processing in order to increase the added value of … [Read more...] about Bac Giang eyes US$1 billion in investment in 2020

According to the Ministry of Planning and Investment (MPI), newly registered capital, supplemented capital and capital contributions of foreign investors in the first four months of 2020 reached a total of US$12.33 billion, equivalent to 84.5% of the figure for the same period in 2019. The decrease in FDI pledges in the four-month period was also less than the decrease in the three-month period. This is an indication that the decline of FDI inflow will soon end and it is expected to increase sharply in the near future. According to economic experts, Vietnam's successful control of the COVID-19 pandemic will be the driving force to lure FDI inflow into Vietnam in the near future. Not only FDI, Vietnam has the opportunity to attract investors who wish to relocate their projects. American, Japanese, and European enterprises who intended to move their production out of China due to increasing labour prices and the impacts of the US-China trade war will accelerate this process amid … [Read more...] about Receiving the movement of FDI inflow

HCM City eyes 10 percent growth in export in 2021 Shrimps processed for export Ho Chi Minh City’s Department of Industry and Trade has set the target to export 48.19 billion USD worth of products in 2021, a year-on-year surge of 10 percent. Under its development plan for 2021 recently submitted to the municipal People’s Committee, the sector said import revenue is estimated at 56.47 billion USD for the whole year, up 11 percent against the previous year. Besides, it eyed to reel in more than 835.68 trillion VND (36.29 billion USD) from retail sales and services revenues in the year, up 10 percent year-on-year. The department said it will carry out necessary measures in a comprehensive fashion to branch out industry and trade, contributing to promoting economic recovery of the southern hub. Earlier, HCM City set a goal of boosting the export of its key products this year and beyond via trade promotion activities and assistance to enterprises. Head of the … [Read more...] about VIETNAM BUSINESS NEWS FEB. 25

Measuring body temperature of a Cambodia n man (Photo: VNA) Hanoi (VNA) – Thirteen Vietnamese people in Cambodia infected by SARS-CoV-2 in the latest outbreak in the country are in stable health conditions, according to Foreign Ministry spokesperson Le Thi Thu Hang. Hang said that Vietnamese representative offices in Cambodia have contacted local authorities and authorised offices to verify information about the cases and request attention and treatment for the patients to ensure the legitimate rights and interests of Vietnamese citizens. Right after their infection was confirmed  the Vietnamese patients were brought to hospitals of the Cambodian Health Ministry in Phnom Penh capital city and Kandal province for quarantine and treatment. Vietnamese representative offices in Cambodia have also contacted the Vietnamese community and the Khmer-Vietnam Association in Cambodia to get updated information, while stepping up communication activities to persuade Vietnamese … [Read more...] about 13 Vietnamese COVID-19 patients in Cambodia in stable health conditions