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Rio 2016: Half a million tourists expected in Brazil for Olympic Games
The Brazilian government has said it expects around 500,000 additional foreign visitors to come to Rio de Janeiro to experience the Olympic atmosphere.
With the games set to official launch during the Opening Ceremony this evening, final preparations are being put in place.
At the same time, the Central Bank of Brazil said that the delegations and tourists in Rio for the 2016 Olympic Games will leave behind revenue worth around US$200 million US dollars.
According to the Central Bank, this prediction was made based on the statistics from the last three Olympics - Athens 2004, Beijing 2008 and London 2012.
However, the bank also noted the expected windfall is far lower than the $900 million dollars of revenue seen nationwide as a result of the 2014 World Cup.
Additionally, the bank said that while the Olympics would lead to a “small” impact on tourism at first, they would contribute to more tourists coming to the country in the future, especially Rio de Janeiro.
The Central Bank added that foreign tourists spent $3.15 billion in Brazil in the first half of 2016, $210 million more than that in the same period of last year.Read on the original site
Four tips to maximize your Ha Long experience
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High-quality pork stall burned in suspected sabotage in southern Vietnam
One man's meat is another man's poison, especially when the meat is safe and clean pork. A booth selling standard safe and clean pork at Uyen Hung Market in the southern province of Binh Duong was burned and destroyed following its opening day last week, the provincial department of animal health said on Wednesday. The safe-pork stall, operated by the Binh Duong branch of CP Vietnam, attracted a number of market-goers during its inauguration on the morning of April 12. That… chat_bubble_outline Read More...
Venture funds do small amount of business in Vietnam
About 20 foreign venture funds exist in Vietnam, but they have only representative offices and have yet to set up funds. Pham Hong Quat, head of the Market Development Agency under the Ministry of Science & Technology, said that foreign venture funds still cannot see safe and sustainable opportunities in entrepreneurship issues in Vietnam. According to Quat, though awareness of entrepreneurship opportunities has increased from 36.8 percent in 2013 to 39.4 percent in 2014, the figure is still… chat_bubble_outline Read More...
Six most nostalgic coffee shops in Hanoi
Fortunately, there are still a handful of Hanoi coffee shops to indulge the nostalgia, authentic ambiance and a good cup of brew. Here’s our choice for the six most nostalgic. Cang Tin 109, Lane 189 Xa Dan Street Xoan Cafe, 411 Truong Chinh Street Cafe Xi Nghiep, A60 T11 Van Quan, Ha Dong District Hanoi House, 47A Ly Quoc Su Street Bao Cap Cafe, 189 Giang Vo Street VOV Read on the original site chat_bubble_outline Read More...
Manila says will not help US on patrols in South China Seas
MANILA, Philippines (AP) — Defense Secretary Delfin Lorenzana says it is highly unlikely the Philippines will allow the U.S. military to use the country as a springboard for its freedom of navigation patrols in the disputed South China Sea to avoid antagonizing China.Lorenzana said Thursday that U.S. ships and aircraft could use bases in Guam, Okinawa or fly from aircraft carriers to patrol the disputed waters.Under President Rodrigo Duterte's predecessor, Benigno Aquino III, some U.S. aircraft… chat_bubble_outline Read More...