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Prof. Dr. Andreas Stoffers - Country director, Vietnam The Friedrich Naumann Foundation for Freedom The United Kingdom is an important trading partner of Vietnam. In 2020, trade turnover between the two countries amounted to $6.6 billion. With $5.8 billion in exports, Vietnam’s trade balance was clearly positive, which also underlines the country’s strong interest in reaching an amicable agreement with the UK. In recent years, despite the uncertainties associated with Brexit, the growth of trade relations has been unbroken, averaging 12.1 per cent per annum in 2011-2019. The trade relations between the EU and Vietnam are naturally greater given the fact that the EU is the world’s largest market. In 2019, the EU was the second-most important overseas market for Vietnamese products with a total trade volume of $56.45 billion, of which Vietnam’s exports accounted for two-thirds ($41.55 billion). This is 16 per cent of the country’s total export volume. In 2020, exports to the EU … [Read more...] about Added trade potential for Vietnam with UK-EU deals

Accordingly, the carrier will operate one daily flight on Wednesday from March 3-17; and three weekly flights on Wednesday, Friday and Sunday from March 18-December 31. The flight will depart from Ho Chi Minh City at 13:00 and Van Don at 15:45. On this occasion, VNA will offer tickets at VND33, 000 (US$1.4) each one-way for the first three flights. The promotional program will be apllied for passengers who buy tickets with the mobile app, on the website www.vietnamairlines.com, and at the box offices and official agents of VNA from now until March 17 on flights departing from March 3-17. One-way ticket for the fourth and next flights will cost VND109, 000 (US$4.7) - VND590, 000 (US$25.5) from March 18-December 31, including taxes and fees. These fares will be sold from now until June 30 and reserved for trips from March 18-June 30. By Bich Quyen – Translated by Kim Khanh … [Read more...] about Vietnam Airlines plans to resume flights between Van Don, HCMC

This comment was made by Outbox Consulting - a company specialising in providing in-depth research and consulting solutions for the tourism and hospitality sectors in Vietnam in a report on Vietnam’s Travel Trends in 2021, announced on February 24. Changing travel habits Before COVID-19, exploring a crowded city, strolling through bustling markets, enjoying dinner at a bistro brimming with locals, or touring major attractions were Vietnamese tourists’ favourite activities. However, as the epidemic has still been fully resolved, tourists are now giving their top priority to their safety in the new situation. Therefore, socially distant travel is expected to be the trend once again in 2021. Travelers will select sparsely populated areas nearby so that they can set plans and tours that align with their travel demands and ensure protection from the pandemic. Vietnamese tourists often spend 2-3 days, especially weekends or short holidays, travelling to domestic destinations. This … [Read more...] about Travelling to nearby, safe destinations: the main tourism trend in Vietnam in 2021

After the UK-Vietnam Free Trade Agreement (UKVFTA) took effect on December 31, 2020, both sides saw impressive growth in their two-way trade though exports faced formidable challenges caused by the COVID-19 pandemic. Notably, Vietnam’s shipment to the European country hit 598.07 million USD, or 84.61 percent higher than the same time last year, and 56.51 percent higher than December 2020. Exports of agricultural products maintained stable growth in the month, with export revenue of seafood surging 18.1 percent to 19.72 million USD, and fruits and vegetables rising 148.6 percent to 1.04 million USD. Under the UK trade deal, tariff levied on Vietnamese shrimp materials is reduced from 10-20 percent to zero percent, while more than 94 percent of 547 tariff lines on Vietnamese fruits and vegetables will be cut to zero percent. Experts said a wide range of Vietnamese fruits like lychee, longan, dragon fruit, pineapple and rambutan will hold more advantages to access the UK … [Read more...] about UKVFTA – a boost to Vietnam-UK trade

Vietnam has no COVID-19 case to report on February 28 morning Vietnam saw no new COVID-19 case over the past 12 hours to 6am February 28, making the national tally unchanged at 2,432, according to the National Steering Committee for COVID-19 Prevention and Control. Among the total, 1,530 were locally infected, including 837 cases since January 27. A total 1,844 COVID-19 patients have recovered so far, and the death toll remains at 35. Among those still under treatment, 32 have tested negative for SARS-CoV-2 once, 50 twice and 100 thrice. By February 27 afternoon, 10 provinces and cities had gone through 14 consecutive days without new locally-infected cases of COVID-19. As many as 63,054 people who had close contact with confirmed patients or returned from pandemic-hit regions are being quarantine across the country./. First Vietnam medical achievement award calls 16 winners The Voice of Ho Chi Minh City (VOH), the local official radio broadcasting … [Read more...] about VIETNAM NEWS HEADLINES FEB. 28