Business

Cruise tourism needs strategic plan

Poor port facilities have contributed to an alarming drop in cruise tourism to Vietnam, according to Vu The Binh, a senior official of the Vietnam National Administration of Tourism.

Since the beginning of this year, only 52,300 visitors came to Vietnam by sea, Binh said, a fall of 54 percent from the same period last year.
Business

NZ companies urged to grasp Vietnam’s potential

Vietnam could be the path of least resistance for setting up in Asia, but the ‘do-it-yourself’ attitude is holding New Zealand companies back, a leading New Zealand news website quoted experts as saying.
Business

EC decision to affect Vietnam’s seafood exports

Vietnam ’s seafood exports will certainly be influenced by the strict requirements stated in the European Commission (EC)’s Regulation 1005, to take effect in January 2010, said a Vietnamese official.
Business

Taiwan's Formosa Plastics plans huge port in VN

Formosa Plastics, a leading industrial conglomerate in Taiwan ( China ), plans to build one of the Southeast Asia’s biggest deep-water ports and a nearby steel mill as part of a multi-billion USD project in Vietnam.
Society

Farmers get 3.3 billion USD package

The Ministry of Agriculture and Rural Development has announced a 60 trillion VND stimulus package for farmers that focuses on investment in infrastructure and exports.
Business

Vietinbank ok’s loan for major port project

The Vietnam Industrial and Commercial Bank (Vietinbank) is set to provide a credit package worth over 110 billion VND (roughly 6.1 million USD) to the Petroleum Technical Services Corporation (PTSC) to build the new Hon La port.
Business

More Japanese businesses forecast to Vietnam’s central region

Japanese Ambassador to Vietnam Mitsuo Sakaba has commented at a recent economic forum that more Japanese businesses would arrive in Vietnam’s central region in the coming time, reasoning favourable conditions offered by the government and regional authorities.
World

Malaysia, Thailand expect to benefit from rail link

Strong cooperation between the railway administration of Peninsular Malaysia (KTMB) and the State Railway Of Thailand (SRT) is expected to help promote good relations between the citizens of the two neighbouring countries.