VN wood and furniture firms eye Mexico, Canada Mexico and Canada will be promising markets for Viet Nam’s wood and furniture products when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in early 2019, according to the Ministry of Industry and Trade. Deputy Minister Tran Quoc Khanh said exports to Canada were worth over US$129 million last year and are expected to top $140 million this year. “The CPTPP will open opportunities for products such as wood flooring and bars to Canada because the market will immediately scrap the import tariff of 3.5 per cent when the agreement comes into effect. “Products such as plywood, picture frames, door frames and especially furniture will also have an opportunity because import tariffs of between 6 per cent and 9.5 per cent will be eliminated as soon as the agreement comes into effect. “Wooden handicrafts will also benefit when Canada agrees to abolish the 7 … [Read more...] about BUSINESS NEWS IN BRIEF 19/12
Business traveler news
Hanoi, HCMC among top 10 Asia-Pacific business destinations
The southern metropolis received 1.2 million international business arrivals and Hanoi more than 1.2 million last year, compared to 900,000 for HCMC and one million for Hanoi in 2016, according to a recent report compiled by MasterCard. Last year saw 49.4 million business travelers, 14.8 percent of all overnight travelers, visiting Asia Pacific destinations. They stayed a total of 235 million nights and spent $41.4 billion. Their spending last year in Hanoi, Vietnam’s capital, was $385 million, and HCMC, the nation’s biggest city, $661 million. MasterCard ranks 160 destinations out of 23 markets in the Asia-Pacific and gets the data primarily from national tourism boards in each market. Shanghai topped the ranking, followed by Tokyo and Singapore. Of all international arrivals, HCMC ranked 17th in the Asia-Pacific with 4.6 million visitors in 2017 and Hanoi ranked 20th with 3.7 million visitors. Thailand's Bangkok topped the list, drawing 20.1 million foreign … [Read more...] about Hanoi, HCMC among top 10 Asia-Pacific business destinations
InterContinental Phu Quoc Long Beach Resort honoured at World Travel Awards 2018
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Viet Nam News HÀ NỘI — InterContinental Phu Quoc Long Beach Resort was honoured in three categories at the World Travel Awards 2018 which took place in Libson, Portugal on Saturday. Developed by BIM Land, a subsidiary of Vietnamese diversified conglomerate BIM Group, Intercontinental Phu Quoc Long Beach Resort received awards as the World’s Leading New Family Resort 2018, the World’s Leading New Luxury Resort 2018 and the World’s Leading New MICE Resort 2018. Piero Bellizzi, general manager of the InterContinental Phu Quoc Long Beach Resort, said: “It’s our honour to receive three prestigious prizes presented by the World Travel Awards in our first year of operation. With heartfelt services, exceptional facilities for families, couples as well as business travelers, the resort promises to offer unforgettable memories for all of our guests. We will keep our motto of providing excellent services to bring the most wonderful holiday … [Read more...] about InterContinental Phu Quoc Long Beach Resort honoured at World Travel Awards 2018
Breakfast @ Tuoi Tre News – February 12
Here are today’s leading news stories: Society -- Competent authorities have prepared various measures to deal with traffic congestion along several expressways connecting Ho Chi Minh City with neighboring Long An, Tien Giang, and Dong Nai Provinces during the Lunar New Year holiday. -- Vietnam’s railway sector is set to continue its operation from February 15 to 18, which is during the Lunar New Year holiday, to meet the demand for transportation. -- Passengers will be able to take bus routes No. 109 and 152, which connect District 1 and Binh Chanh District with Tan Son Nhat International Airport in Ho Chi Minh City, free-of-charge from February 10 to 14 and from February 20 to 24. The program is aimed at reducing traffic jams in the southern metropolis before and after Tet. -- The tropical depression which formed east of the Philippines has developed into a storm, named Sanba, and is traveling toward the East Vietnam Sea with wind speed at 60 to 75km per hour. -- … [Read more...] about Breakfast @ Tuoi Tre News – February 12
Breakfast @ Tuoi Tre News – December 19
Here are the news stories you should not miss today, December 19: Society -- During a conference in the Mekong Delta province of Dong Thap on Monday, Vietnam’s Minister of Transport Nguyen Van The called on competent authorities and experts to come up with new policies and projects to leverage the potential for waterway transportation in the region.-- Tropical storm Kai-Tak, the 15th to hit Vietnam this year, was located 430 kilometers southeast of the Truong Sa (Spratly) archipelago on Monday evening, packing winds at 60 to 75km per hour. It was forecast to travel southwestward.-- The Ho Chi Minh City People’s Committee has ordered competent agencies to carry out more patrols and sternly deal with violations of noise regulations in the metropolis.-- Hoang Thi Hong Diem, 32, has claimed she had snatched a knife from her husband and chop his head off after being threatened by the man during an argument at their tenanted house in the southern province of Binh Duong. … [Read more...] about Breakfast @ Tuoi Tre News – December 19
Travel agents say no immediate impacts from pandemic
Travel agents say no immediate impacts from pandemicBy Dao Loan - The Saigon Times DailyHCMC – Three days after the World Health Organization announced the global influenza H1N1 pandemic, local travel agents still do not see immediate impacts but say that the bad news is prompting more difficulties for the tourism sector.Most tour operators said they did not see massive canceling of inbound tours, but were afraid that arrivals in the Vo Anh Tai, director of Saigontourist Travel Service Company, told the Daily on Sunday that his company’s foreign partners had not announced any tour cancellations due to the WHO pandemic announcement.“Tourist arrivals to the country have been falling due to the global economic crisis and the low season of the inbound sector,” he said.Tao Van Nghe, general director of the five-star Majestic hotel, shared the viewpoint, but estimated that the number of visitors would fall strongly in the coming time.“Our occupancy is very low. … [Read more...] about Travel agents say no immediate impacts from pandemic
Breakfast @ Tuoi Tre News – December 16
Check out the news you should not miss today, December 16 Politics-- Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh highlighted Vietnam’s active and effective contributions to building the Foreign Ministers’ Meeting on Mekong – Lancang Cooperation as its third meeting kicked off in Dali, China on Friday. Society-- A group of car drivers who had been driving on the motorbike lane on Thanh Tri Bridge in Hanoi was seen in a viral video on Facebook removing the barriers to move back to the right lane after noticing traffic police were on patrol ahead.-- A project to support the development and implementation of policies and programs on prevention and response to gender violence, domestic violence was launched by the ministries of labor and culture in Hanoi on Friday, with technical assistance of the UN Population Fund (UNFPA) in Vietnam.-- Vietnam marked the tenth year anniversary of a government resolution stipulating that people traveling on … [Read more...] about Breakfast @ Tuoi Tre News – December 16
Social News 15/12
Vietnam zeroes in on hunger eliminationPoverty alleviation and hunger eradication has been a consistent priority for Vietnam and the country is committed to achieving these goals in cooperation with the international community, Deputy Prime Minister Trinh Dinh Dung said in Hanoi on December 13.Dung was speaking at the first meeting of the National Steering Committee for the ten year (2016-2025) Zero Hunger Action Programme.The programme was established by the Prime Minister in 2014 in response to the “Zero Hunger Challenge” of the United Nations, a major initiative to eradicate hunger worldwide.Vietnam’s action programme targets ensuring enough food and nutrition for all citizens towards improved physical and intellectual health; and towards fulfilling sustainable development goals (SDGs) of food security and sustainable agricultural development.There are five specifics targets under the action programme, including ensuring food and nutrition for people all year … [Read more...] about Social News 15/12
Social News 11/12
"Danish Week - Sustainable City Solutions" about to beginA series of events on sustainable city solutions will be held in Hanoi and Ho Chi Minh City from December 12 to 17 within an initiative of the Embassy of Denmark in Vietnam and co-organized by the National University of Civil Engineering in Hanoi (NUCE) and the University of Architecture Ho Chi Minh City (UAH), with support from local authorities, organizations, and enterprises from Vietnam and Denmark.“Denmark is among the world leaders in green technology, and Green Growth is an important area of Vietnam and Denmark’s Comprehensive Partnership Agreement,” said Danish Ambassador H.E. Charlotte Laursen. “With this campaign we hope to create opportunities to exchange inspiration and knowledge with Vietnam on how to build green and sustainable cities.”With the theme “Danish Week - Sustainable City Solutions”, the campaign includes exhibitions, seminars, film screenings, masterclasses, and a … [Read more...] about Social News 11/12
BUSINESS IN BRIEF 11/12
Investments in drugstore chains turn activeFPT Retail has recently confirmed its investment in the Long Chau drugstore chain, thus lengthening the list of tech retailers that are venturing into drugstore business.The Gioi Di Dong and Digiworld that have long been known as retailers of tech products have invested into drugstore chains as well.At a meeting on business operations at the Hochiminh Stock Exchange earlier this month, FPT Retail general director Nguyen Bach Diep said the company started injecting capital into Long Chau drugstores early this year on a pilot basis and would expand its investment in this sector next year.Revenue from drugstore business operations would be included in FPT Retail’s revenue as from 2019, Diep added.News about FPT Retail’s investment in the Long Chau drugstore chain broke early this year. But when reached by the media, the company said negotiations were ongoing and that there was no official information.Some of the well-known drugstore … [Read more...] about BUSINESS IN BRIEF 11/12