Easy fruits to grow in pots

Independent trips, including self-drive itineraries located near the city such as Vung Tau , Da Lat and Phan Thiet , saw a rise in visitors during the Tet holiday. Travellers scrambled to cancel trips and get refunds for tours during the Tet (Lunar New Year) holiday due to COVID-19 outbreaks in late January, just a few days ahead of Tet. Travel demand during Tet was nearly at a standstill. During the holiday, popular tourist and entertainment sites in the city such as Dam Sen Park, Suoi Tien Theme Park, Van Thanh and Binh Quoi tourist sites were closed to contain the spread of the virus. Hotels in HCM City are now operating at occupancy rates of less than 10 percent, according to the department./. VNA … [Read more...] about “Free & easy” tours to thrive in 2021

The Hanoitimes - In 2020, the credit growth is expected to be in range of 13 – 13.5%, down from 13.7% last year. Pre-tax profit of Vietnam’s banking sector is predicted to expand 22.5% in 2020, slightly lower than a 23% growth rate in 2019, thanks to strong recovery of some banks, higher revenues from bancassurance and fees, according to SSI Research. Data: SSI. Chart: Hai Yen. Banks that are set to have the strongest profit growth in 2020 include Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Commercial Bank for Investment and Development of Vietnam (BIDV), Vietnam Prosperity Bank (VPBank), Military Bank (MBBank), and Vietnam Technological and Commercial Bank (Techcombank), VnExpress reported. In 2020, the credit growth is expected to be in range of 13 – 13.5%, down from 13.7% last year. According to SSI, such target growth is suitable in the context of tightening lending procedures and the development of corporate bond market. … [Read more...] about Profit of Vietnam banking sector predicted to grow 22.5% in 2020

The Hanoitimes - On the occasion of the 25th anniversary of the US-Vietnam diplomatic relations, US companies shared with Hanoitimes their expectations about opportunities for their investment expansions in Vietnam. Dr. Mason Cobb, chairman of Victoria Healthcare International Clinics After Vietnam achieved the middle income status and ODA decreased, the Vietnamese government became more accommodating for investment and that continues to this day. Dr. Mason Cobb, chairman of Victoria Healthcare International Clinics However, it is still not a truly level playing field with local companies. The attitude and perception, and spirit of cooperation has become much warmer and more understanding than during that difficult middle period. More importantly, the company’s mission in healthcare as primarily helping Vietnam build a world-class healthcare system. To that end, the company brings Vietnamese to the US and bring educational and other assets to Vietnam to … [Read more...] about US companies continue to see tremendous investment opportunities in Vietnam

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

The Hanoitimes - The ongoing epidemic is predicted to impact the trade flow of agricultural products between Vietnam and China in six to eight months. The outbreak of the new coronavirus (nCoV) is having an impact on all economic aspects in Vietnam, but the agricultural sector would suffer the most as exports to China are poised to plunge, according to Nguyen Xuan Cuong, minister of Agricultural and Rural Development. Overview of the meeting. Source: MARD. This is due to the fact that China is a major export market for Vietnam’s agricultural products, accounting for 22 – 24% of the country’s farm exports, said Cuong at a conference on February 3. China is currently one of the major export markets for Vietnamese fisheries and agricultural products. The main farm export staples to China include vegetables, cashew, coffee, rice, cassava products, rubber and aquatic products. In 2019, Vietnam’s agro-forestry-fishery exports to China reached US$8.5 billion, of … [Read more...] about Vietnam agricultural sector considered most vulnerable to nCoV