The production value per hectare of land in Ho Chi Minh City reached 450 million VND (19,736 USD) last year, an increase of 10.9 percent compared to 2016, largely due to hi-tech methods, according to the city’s Department of Agriculture and Rural Development.
There are only a few seats left on flights from Ho Chi Minh City to destinations in the north like Hanoi, Hai Phong, Vinh and Thanh Hoa from February 12 to 15, or the 27th to 30th day of the last lunar month to meet high travel demand before Tet, Vietnam’s traditional New Year.
Vietnam always treasures and encourages foreign investors, including those from India, to invest and do business in the country, President Tran Dai Quang told Indronil Sengupta, Chief Executive – Vietnam at Tata Sons.
Vietnam has had a remarkably high number of post-graduates in the recent years. However, scientific research projects, which are considered the soul of universities in their quest to produce new knowledge for the world, have remained modest in both quality and quantity.
The Government hopes to attract 135,000 new firms in 2018. Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), said this was achievable, but would require quick reforms.
The number of foreign tourists visiting the coastal city of Nha Trang for Tet is expected to rise sharply this year, according to Khanh Hoa province’s Department of Culture, Sports and Tourism.
Producers and businesses are only allowed to use food additives permitted by the Ministry of Health to ensure products have no negative impacts on users’ health.
National flag carrier Vietnam Airlines and low-cost Jetstar Pacific scheduled seven extra flights between Hanoi and Ho Chi Minh City to meet high travel demand before Tet, the traditional New Year of Vietnam.
Overseas remittances will continue adding a vital impetus to the economy, including the property sector in 2018, according to Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association.
Vietnam’s coffee exports are expected to rise in 2018 thanks to projected annual increases of 7.1 percent for domestic yield and 1.3 percent for global consumption in 2017-18 crop.
A gathering was recently held in Auckland by the Embassy of Vietnam for Vietnamese students and expats and foreign friends living in the country to together celebrate Tet, Vietnam’s traditional New Year festival.
The Government of Vietnam always creates favourable conditions for Korean firms, including the Hyosung Group, to invest in the country, said Prime Minister Nguyen Xuan Phuc.
The Vietnam Rubber Group (VRG) targets an 8 percent rise in revenues and 33 percent rise in pre-tax profits this year, VRG Deputy General Director Nguyen Tien Duc has said.
Vietnam Posts and Telecommunications Group (VNPT) sold its finance subsidiary Post and Telecommunication Finance Company Ltd (PTF) to SeABank at a recent auction.
The Urban Environment Company (URENCO) will raise its waste collection capacity in Hanoi by 50 percent this month to keep the city clean during and after Tet, Vietnam’s traditional New Year holiday.
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