The Vietnam Tourism Association (VTA) on May 16 officially launched a national programme to stimulate domestic tourism, which will be implemented across two stages, the first from May 15 to July 15 and the second from July 15 until the end of this year. Under the programme, several principles have been highlighted, including ensuring safety for visitors, reducing prices but not reducing service quality or maintaining prices but adding more benefits. The relevant agencies should also pay significant attention to improving uniqueness and providing diverse promotions for the various stimulus products. … [Read more...] about BUSINESS NEWS HEADLINES MAY 28
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Vietnamese spent nearly VND90 trillion ($3.8 billion) last year on 15 million smartphones, according to data from a market research company acquired by VnExpress. Samsung led sales with 6.3 million units, followed by Oppo with 3.6 million. … [Read more...] about VinSmart mobile sales hit 1.2 million
Amid the various growth scenarios published by research organisations, for the Vietnamese economy after Covid-19, the Prime Minister has set a growth target of 5% for 2020, with inflation kept below 4%, which is to be achieved by five key measures, namely attracting foreign investment, boosting exports, increasing public investment, attracting private investment and promoting domestic consumption, of which the first two are more dependent on external factors while Vietnam can retain control over the latter three. … [Read more...] about Vietnam needs to boost public spending for economic recovery
Vietnamese encouraged to travel within Vietnam A programme calling on Vietnamese citizens to travel to domestic tourism attractions has been launched by the Ministry of Culture, Sports and Tourism as part of efforts to stimulate domestic tourism as social distancing measures are eased. … [Read more...] about Da Nang kickstarts economy after COVID-19 pandemic
Sendo’s strategy is rural-centric while Tiki targets the urban area. The combination is expected to help the two sides focus on the market more comprehensively, according to local insiders. The merger could also help them to raise more funds in the future. … [Read more...] about Will Vietnamese e-commerce platforms Tiki and Sendo soon merge?