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Vietnam welcomes over nine million international tourists so far this year
More than 9 million foreign tourists have come to Vietnam so far this year—a 25.4% year-on-year increase exceeding the target of 8.5 million for 2016, the General Statistics Office has announced.
Meanwhile, the total number of domestic tourists was 57.7 million in the January-November period.
In November alone, more than 926,000 foreign travellers visited Vietnam—an increase of 14.0% over the previous month and 24.9% over the same period of last year. Of these, nearly 770,000, or 82.9%, of them arrived in Vietnam by air while 141,578 others arrived by road and 16,843 were cruise passengers.
An upturn has emerged in almost major markets, with the highest rise in tourism from Hong Kong at 72.9%, followed by China (53.9%), the Republic Of Korea (39.2%), New Zealand (35.4%), Russia (29.1%) and Thailand (29.0%).
The total revenue of the tourism sector was over VND 368,600 trillion (US$16.19 billion), up 18.6% year on year.
PM urges Hoa Binh to improve investment environment
Hoa Binh urged to fully tap into tourism potential Addressing a local investment promotion conference on November 19, the PM said Hoa Binh has many strong points, such as its location as the gateway to the capital city and as part of the Hanoi Capital Region Master Plan, beautiful natural landscape, rich culture and potential in construction materials, mining, high-quality agro-fishery processing, resorts and eco-tourism. However, most investment projects in the locale are of a small scale, he… chat_bubble_outline Read More...
Syrian army takes over Aleppo areas quit by rebels: military source
ALEPPO, Syria/BEIRUT (Reuters) - Syria's army and its allies have taken full control over all the Aleppo districts abandoned by rebels during their retreat in the city, a Syrian military source said on Tuesday.On Monday rebel defenses collapsed, leading to a broad army advance across more than half of the remaining insurgent pocket in Aleppo and a retreat of opposition fighters to a few districts on the west bank of the city's river.Recapturing the entire rebel pocket of Aleppo will constitute… chat_bubble_outline Read More...
Cheap foreign loans starting to dry up for Vietnam
An employee stacks bundles of Vietnamese dong banknotes at a bank in Hanoi April 21, 2010. Photo by Reuters/Kham Official development assistance (ODA) loans have become more costly since Vietnam was declared a middle income country in 2010, forcing the government to negotiate more preferential terms. The ODA the country is currently able to secure has a duration of 10-25 years and an interest rate of 2 percent on average. This is less attractive than loans with a duration of 30-40 years and… chat_bubble_outline Read More...
Vietnamese mobile app sizes men up for affordable custom shirts
A couple from Ho Chi Minh City have made custom-fit clothing more affordable with a mobile app called UKYS. The innovative approach removes much of the costs associated with taking customers’ measurements by measuring them via the apps. With the mobile app, customers can take their measurements using the camera on their smartphones to scan the body, rather than using a traditional tape measure. The start-up claims that the measurements are even more precise than the more traditional way of… chat_bubble_outline Read More...
Real estate greets more Asian investors
Real estate attracted the second largest volume of foreign direct investment with 34 new projects worth 1 billion USD in the first nine months of this year, or 6.1 percent of the total, according to the Ministry of Planning and Investment’s Overseas Investment Agency. Nguyen Hoai An, CBRE Vietnam Director of Research, Consulting and Asset Management Services, said Vietnam had been extremely attractive to Asian investors over the last decade, especially those from Japan, the Republic… chat_bubble_outline Read More...