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High school student creates non-profit organisation to transform mental health amid COVID-19 Buddhists on a pilgrimage to worship the land of Buddha on Mount Fansipan Sun World Fansipan Legend marks the rise of the international ranking for Sa Pa tourism VinBrain reaches final round of global competition "COVID-19 Pandemic Response Challenge" The “Win-Win-Win” formula of branded residences have proven successful Lodgis Hospitality, the investment partnership between the leading global Private Equity Firm Warburg Pincus and Viet Nam’s leading investment manager, VinaCapital – is focused on Viet Nam’s tourism industry, with the strategic aim to support the development of Viet Nam as an international tourism destination by delivering a range of high-quality hospitality real estate developments and services. Viet Nam – timeless charm Viet Nam - a truly fascinating country, offers a 3,260 km coastline, connecting the North and South with white-sand beaches. … [Read more...] about LODGIS HOSPITALITY’S LONG-TERM VISION AND INVESTMENT STRATEGY FOR VIET NAM’S TOURISM MARKET

Demand for top meat drives funding Demand for top meat drives funding In the midst of the rising demand for quality pork, Vietnam has witnessed growing investment in the clean meat market.  Last week, AVG Capital Partners, a private equity fund from Russia, signed an MoU with Thanh Hoa People’s Committee to develop a $1.4 billion pork processing complex in Nghi Son Economic Zone. With an area of 1,000 hectares, the complex has a designed capacity to produce five million hogs a year. It will boast 43 commercial pig farms and three hybrid pig farms, a mixed feed factory with a capacity of two million tonnes a year, as well as a slaughterhouse and processing plant with a capacity of 600,000 tonnes a year. Phong Quach, head of business development at Ipsos Strategy3 in Vietnam, said that as a general principle, any high-tech investment in agriculture is good for Vietnam. This is because the Vietnamese agricultural sector is still trying to attract more technology that can … [Read more...] about VIETNAM BUSINESS NEWS FEBRUARY 9

PM gives Tet present Vietnam football head coach Coach Park Hang-seo The head coach of the Vietnamese national football team, Park Hang-seo has just received a present from PM Nguyen Xuan Phuc for the Lunar New Year Festival.  The head coach of the Vietnamese national football team, Park Hang-seo has just received a present from PM Nguyen Xuan Phuc for the Lunar New Year Festival. Coach Park Hang-seo said that he would come back to work soon and try to work hard to improve the national team’s results. Coach Park Hang-seo arrived in Hanoi on February 3 after a holiday in his home country of South Korea. He was now on a 21-day quarantine period for Covid-19 prevention following regulations from the Vietnamese government. Under the leadership of coach Park Hang-seo, the Vietnamese national football team finished as runners-up at the Asian Football Confederation (AFC) U23 Championship, champions of the AFF Cup 2018, qualified in semi-finals of the 18th Asian Games and … [Read more...] about VIETNAM NEWS FEBRUARY 9

HCM City targets domestic market for tourism recovery The Ho Chi Minh City tourism sector this year plans to focus on digitalisation of the industry and promotion of domestic tourism amid a downturn in tourism because of the COVID-19 pandemic. The sector will continue its efforts to boost domestic tourism as the main factor driving the recovery of the tourism industry. The tourism communication and stimulus campaign, ‘Hello Ho Chi Minh City,’ has been implemented to promote the city as a safe, vibrant and friendly destination. Tourism cooperation and linkages between HCM City and the Northeast, Northwest and the Central regions will also serve to boost domestic travel. The city aims to receive 33.5 million domestic visitors this year if COVID-19 remains under control in the country./. Tet sales increase sharply on low prices With a week to go for Tet (the Lunar New Year) sales of goods bought to celebrate the Lunar New Year have increased by 30-40 percent from normal … [Read more...] about VIETNAM BUSINESS NEWS FEBRUARY 10

Vietnam to raise rate of trained workers to 40 percent by 2030 Workers at a garment factory Overall, the programme aims to provide a strong premise for comprehensively developing the labour market; effectively mobilising, distributing, and utilising resources to boost socio-economic growth; shift to a modernised labour structure; and promote links between the domestic labour market and those of the region and the world. Its objectives are to increase the number of workers with labour market-relevant skills and raise the number of trained workers to 30 percent by 2025 and 30-45 percent by 2030. Under the programme, Vietnam expects to be among the top 60 countries in the Knowledge Workers sub-pillar of the Global Innovation Index (GII) by 2025 and among the top 55 by 2030. The country also sets having 80 percent of its workforce possess IT skills by 2025 and 90 percent by 2030, while reducing the rate of young adults unemployed or untrained to below 8 percent. To this … [Read more...] about VIETNAM NEWS FEBRUARY 10