Tra fish exports to Russia slump Export revenue of tra fish to the Russian market in the first 10 months of this year fell 31 percent compared to last year to 12.5 million USD, reported the Vietnam Association of Seafood Exporters and Producers (VASEP). According to the association, the sharp drop followed last year’s declining trend, and was likely to continue for the rest of 2019. VASEP said that in the last two years, Russia’s tra fish consumption has been modest, with unstable import prices. Meanwhile, the European country’s imports of frozen tra fish fillets have increased slightly by 3 percent, but that of frozen whole fish have fallen 29 percent./. Conference on boosting exports to China They were speaking at a recent conference on agricultural, forestry and seafood exports to China in Mong Cai City in the northern province of Quang Ninh. The conference was organised by the Ministry of Agriculture and Rural Development in collaboration with the People's … [Read more...] about BUSINESS NEWS HEADLINES DECEMBER 6
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Deputy Prime Minister Truong Hoa Binh (R) receives Deputy Secretary General of OECD Jeffrey Schlagenhauf (Source: VNA) Hanoi (VNA) – Deputy Prime Minister Truong Hoa Binh hosted a reception for Deputy Secretary General of the Organisation for Economic Cooperation and Development (OECD) Jeffrey Schlagenhauf in Hanoi on December 6. Binh welcomed the selection of Vietnam as the host of the 10th Regional Conference on Preventing and Combating Corruption in Infrastructure Projects in Asia Pacific by the OECD in coordination with the Asian Development Bank (ADB) and the Anti-Corruption Initiative for Asia Pacific. He thanked the OECD for helping Vietnam review development polices, including the investment policies in 2017 and 2018. In February this year, the two sides started the building of Vietnam’s Multi-dimensional Country Review (MDCR), which will serve the drafting of the country’s socio-economic development strategy in the 2021-2030 and the … [Read more...] about Deputy PM asks OECD to share experience in fighting corruption
Vietnam’s competitiveness in the tourism sector has improved significantly, but many travellers are unhappy about the visa policy. The World Economic Forum (WEF) released a report on global tourism competitiveness, showing that Vietnam moved up from 67th out of 136 countries in 2017 to 63rd out of 140 countries in 2019. It was described as an encouraging result if noting that the majority of other regional countries didnot move up in ranking. Under the current regulation, the visa fee is $25 per person. However, according to Chinh, the survey found that only 18 percent of foreign travelers paid under $30, while the majority of foreign travelers had to pay over $30. In Q1 2019, TAB carried out a survey on foreign travelers, travel firms and NGOs that had applied for visas to Vietnam and found that foreign travelers and organizations wanted Vietnam to improve the visa policy. Meanwhile, the number of foreign travelers enjoying the visa waiver policy remains modest, just … [Read more...] about Travel firms fear visa policy will discourage foreign travelers
South Korea’s loosened visa policy and sharp tour fee decreases have prompted Vietnamese to register for tours to the country. According to Korea Tourism Organization (KTO), in 2018, the country received 457,000 Vietnamese travelers, an increase of 41 percent over the year before. With the figure, Vietnam has added itself to South Korea’s fastest growing tourism markets. Vietnamese travelers flock to South Korea The number of Vietnamese travelers applying for visas to South Korea has soared so sharply that ROK Embassy and General Consulate in Vietnam have become overloaded with work. The ROK Embassy stated that since April 25, it will receive applications for visas and return results at the visa reception center. The requests for multiple-entry 5-year visas for residents in large cities have also been received at the center. In HCMC, the ROK General Consulate also put into operation the visa register center at Vietcombank Building in district on May 2, announcing the … [Read more...] about Vietnamese rush to travel South Korea as tour prices drop
The overcrowding at some tourism sites in recent years has raised a debate about whether Vietnam’s tourism has reached its critical point. Twelve years ago, Anh Lan, director of a travel firm in HCMC, began sending international tourists to Nha Trang City. Later, realizing that tourists like the sea city, she decided to focus on bringing tourists there. HCMC reported that it has received 4.25 million foreign travelers in the first half of 2019 and a much higher number of domestic travelers. Hanoi received 14.4 million travelers, Quang Binh 8.5 million, Khanh Hoa 3.4 million, Ba Ria – Vung Tau 8.46 million and Kien Giang 4.29 million. In a special report on tourism development in Vietnam, the World Bank commented that in the last decade, Vietnam witnessed a boom in the number of domestic and foreign travelers. The number of domestic travelers soared from 20.5 million in 2008 to 80 million last year, thanks to the rapid increase of the middle class. However, though … [Read more...] about Is it time to curb the number of tourists?