Articles worth reading
Image : Fresh protest pushes defiant S. Korea president to resign

Fresh protest pushes defiant S. Korea president to resign

person Orange Themes access_time Nov 19,2016

Up to half-a-million protestors were expected to take to the streets of Seoul on Saturday for the fourth week in a row, demanding President Park Geun-Hye resign over a corruption scandal. The weekly mass demonstrations -- among the largest seen in

Image : Rajoy, the under-estimated survivor who wore his rivals down

Rajoy, the under-estimated survivor who wore his rivals down

person Orange Themes access_time Oct 30,2016

Spain's conservative Prime Minister Mariano Rajoy won back power Saturday, at the age of 61, after a war of attrition against younger rivals who under-estimated his resistance after 35 years in politics. Just like in 2005 when he emerged from a

Image : 2 suicide bombers die in blasts near market in Nigerian city

2 suicide bombers die in blasts near market in Nigerian city

person Orange Themes access_time Dec 11,2016

MAIDUGURI, Nigeria (AP) — Two suicide bombers died when they exploded Sunday in a crowded area near a market in Nigeria's northeastern city of Maiduguri, injuring 17 people, rescue officials said.

Latest blog articles

Savills: Airport overload to hit tourism

access_time Apr 20,2017 chat_bubble_outline 35 views

Airports in major cities are increasingly overwhelmed with passengers, presenting a big challenge for tourism development as more than 80% of international visitors come to Vietnam by air, Savills said.

Savills: Airport overload to hit tourism

Passengers wait for boarding at Tan Son Nhat International Airport in HCMC

In 2016, there were about 10 million international tourists to Vietnam. By 2030, this figure is estimated to soar to 18 million, with China and Russia becoming Vietnam’s two fastest growing source markets.

In addition, Meeting-Incentive-Convention-Exhibition (MICE) and business travelers accounted for over 40% of total international arrivals to Vietnam last year. There were five million visitors to HCMC and four million to Hanoi.

Troy Griffiths, deputy managing director of Savills Vietnam, said the total rated travel accommodation supply in Vietnam grew 18% year-on-year by 2016 to 420,000 guest rooms.

Rising tourist arrivals are creating more business opportunities for hotels, especially those in the upper-medium-end and high-end segments. From 2013 to 2016, four and five-star hotel rooms shot up by 20% per year on average, meeting international tourist demand for upscale resort and luxury accommodation, Troy said.

HCMC has the largest hotel supply in the country, with 16,000 rooms of three to five stars, which are 70% higher than in Hanoi.

Over the next three years, HCMC expects to have 3,500 new rooms, a 22% increase. Pressure will be higher in Hanoi, with the future hotel room supply accounting for up to 50% of the current number.

In 2016, resort cities and islands outperformed HCMC and Hanoi thanks to higher growth in international arrivals.

Phu Quoc became a new attractive destination for international travelers with tourist arrival growth reaching 40%. Danang posted over 30% growth in foreign visitors and Nha Trang reported 23% while the respective rates of HCMC and Hanoi were 10% and 19%.

Therefore, guest rooms surged in these new places of interest last year. Nha Trang had the largest number of hotel rooms among the coastal cities, with over 12,000 rooms meeting three to five-star standards.

Danang had around 9,000 guest rooms and an occupancy rate of about 65%. On Phu Quoc Island, high-end resorts were mushrooming, with the fourth quarter of 2016 seeing high-end resorts and hotels there accounting for 71% of the total with 2,500 rooms of 3-5 stars.

International visitor arrivals to Vietnam are now three times higher than a decade ago, with growth in 2016 amounting to 26%, said Savills.

Meanwhile, airport infrastructure development has not matched that of the tourism industry. Last year, international arrivals by air totaled more than 8.2 million, representing more than 80% of the total.

Airports in major cities have struggled with overload, especially those in HCMC and Nha Trang. The airport in Danang operates at 113% capacity despite a 2011 expansion from 4.5 to 6 million passengers a year.

Over the next two years, Tan Son Nhat International Airport will boost its annual capacity from 25 to 38 million passengers. Danang airport’s current domestic terminal is able to handle nine million passengers a year and it will be expanded to receive an additional 4-6 million passengers a year.

Meanwhile, the operation of the first phase of the Cam Ranh airport expansion project has been rescheduled from early 2016 to the first quarter of next year. With 4.8 million arrivals to Nha Trang in 2016, the planned capacity upgrade to 2.5 million passengers a year might not meet the growing demand.

According to the Government’s master plan, around US$5.6 billion will be needed for developing airport infrastructure between now and 2020.

Savills said airport infrastructure development would leverage tourism growth, particularly in Danang, Nha Trang and HCMC.


Peru judge orders arrest of ex-president in corruption case

LIMA, Peru (AP) — A Peruvian judge on Thursday ordered the arrest of former President Alejandro Toledo on suspicion of taking bribes from a Brazilian construction company at the heart of a region-wide corruption scandal.Judge Richard Concepcion accepted prosecutors' request Toledo be jailed for up to 18 months as they investigate allegations he received $20 million in bribes from Odebrecht in exchange for permission to build a highway connecting Brazil with the Peruvian coast.Toledo, who was… chat_bubble_outline Read More...

HCMC mulls congestion charge for cars entering city center

Rush hour in Ho Chi Minh City. Photo by Nguyen Minh Tan/VnExpress Photo Contest Authorities in Ho Chi Minh City are considering imposing an entry fee ranging from VND40,000 ($1.76) to VND60,000 ($2.64) for cars heading into the city center starting from next year in an effort to ease congestion. The city's Transport Department has been working with the Innovative Technology Development Corporation (ITD), the company that proposed the idea, on a plan to establish automated toll booths in four… chat_bubble_outline Read More...

Enjoying one-day tour of Pearl island

 The best time to go to Phu Quoc (pearl) island in KienGiang province is from October to May. It becomes a tourist attraction thanks to its pristine beauty, fresh air, blue sea and white sand beaches. The temperature is quite moderate all year round. Rach Vem fishing village A castle makes you feel like in a fairy tale. Water music at night Ganh Dau cape It is very marvelous to contemplate sunset on the island. Zing/VOV EN VietNamNet chat_bubble_outline Read More...

Good vision will help the country advance quicker

VietNamNet Bridge – Nguyen Chi Dung, Minister of Planning and Investment, speaks to the Thoi bao Kinh te Sai Gon (Sai Gon Economic Times) about the importance of enacting the Law on Planning. Will you explain why the draft Law on Planning had been approved by all Government cabinet members, but it was rejected by various ministries’ representatives at National Assembly Standing Committee meetings?I myself defended the draft Law on Planning twice at the National Assembly Standing… chat_bubble_outline Read More...

Vietnam at the clicks of shutter

Read on the original site chat_bubble_outline

folder_open Assigned tags



Trends in Singapore

Trends in Indonesia

Trends in Philippin