Phu Quoc island in the southern province of Kien Giang, which is dubbed as "Pearl Island", has emerged as a destination attractive to many tourists and earned a noticeable position on the tourism map of not only Vietnam but the world.
Total shipping volume from members of the Association of Southeast Asian Nations (ASEAN) increased in 2020, pushing its global share above the 20 percent mark for the first time and making its presence felt in the US-bound marine transportation market, reported Nikkei Asia Review.
Japan’s Nikkei Asia Review has run an article, saying thanks to its performance on the public-health front, Vietnam has been given its biggest economic opportunity in decades.
GLP, Asia's biggest warehouse operator, is planning to cooperate with Vietnam’s SEA Logistic Partners, or SLP, in a 1.5 billion USD new venture, reported Nikkei Asia Review.
The 36th ASEAN Summit, held online on June 26, presents a challenge not only for the ten-nation bloc but also for its 2020 Chair, Vietnam, a senior analyst at the Australian Strategic Policy Institute has said.
Hopes are growing that the EU-Vietnam Free Trade Agreement, which was approved by Vietnam’s National Assembly on June 8, will give a much-needed boost to Vietnam's economy, according to Japan’s Nikkei Asia Review.
Growing trade feud between Japan and the Republic of Korea (RoK) is redrawing the map of Asian tourism, with the RoK and Chinese travelers avoiding previously popular destinations like Japan and Hong Kong for Southeast Asia, according to the Japan’s Nikkei Asia Review.
Southeast Asian economies will likely face continued external headwinds in the remaining months of 2019 as the US-China trade tensions weigh on the region, according to Nikkei Asia Review of Japan.
Japanese-based Sumitomo Corporation has teamed up with logistics company Suzuyo and a Japanese public-private fund to take a 10 percent stake in Vietnam’s Gemadept SJC, which engages in the port operation and logistics business.
If Vietnam’s economy grows by 6.5 percent each year over the next 10 years, it will exceed Singapore in size by 2029, according to the Nikkei Asia Review’s quoting of a DBS Bank report.
Major newspapers in Japan on March 1 highlighted Democratic People’s Republic of Korea (DPRK) leader Kim Jong-un’s official friendship visit to Vietnam.
Travel
