Vietnam attractive destination for investment, tourism

Vietnam is a safe and attractive destination for all foreign investors and international tourists, stated President Truong Tan Sang at the Vietnam Economy-Tourism Cooperation Forum held in Prague on May 11.
Vietnam is a safe and attractive destination for all foreign investorsand international tourists, stated President Truong Tan Sang at theVietnam Economy-Tourism Cooperation Forum held in Prague on May 11.

The event, which was organised by the Chambers ofCommerce and Industry from Vietnam, the Czech Republic and Slovakia, wasalso attended by Czech President Milos Zeman.

Addressing an audience of 500 companies from Vietnam, the CzechRepublic, Slovakia, Poland and Hungary, President Sang said a number ofbilateral and multilateral trade agreements, including the EuropeanUnion-Vietnam Free Trade Agreement ( EVFTA), are expected to be signedbetween Vietnam and other nations in the near future, which will lay thefoundation for promoting trade-investment-tourism activities betweenVietnam and other countries in the region and the world.

With a population of 90 million and a significant share of the500-million-strong Southeast Asian market, Vietnam offers investors manyincentive policies, he confirmed.

PresidentSang also believed that a large number amounting to tens of thousands ofVietnamese who used to study in the Czech Republic and Slovakia wouldserve as a bridge for friendship, trade and investment cooperation amongthe three countries.

Czech President MilosZeman said strengthening the traditional relationship between the twocountries is the basis for boosting cooperation in economics, trade,investment and tourism.

He also highlighted thesuccessful integration of Vietnamese community into the Czech societywhere they are recognised as the 14th ethnic minority.

Minister of Culture, Sports and Tourism Hoang Tuan Anh recommendedmeasures to increase the number of tourists and promote tourisminvestment and business between Vietnam and the Czech Republic,including boosting tourism at all levels, improving visa policies, andincreasing coordination in market research and development of tourismproducts.

Deputy Minister of Industry and Tradeof the Czech Republic Jiri Havlicek said the economic relationshipbetween Vietnam and the Czech Republic has developed strongly over thepast years with the trade volume surpassing the 500 million USD mark in2013.

As of the end of 2014, the Czech Republichad 36 investment projects in Vietnam with a combined investment capitalof 64 million USD focusing on garments and textiles, food processing,mechanical manufacturing, building materials and mining, according tothe Deputy Minister.

Havlicek also highlightedcooperation prospects between the two countries in a number of sectorssuch as energy, infrastructure, transport vehicles and defence industryand health equipment.

On the occasion, theVietnamese and Czech Presidents witnessed the signing of documents oncooperation between the Vietnam Chamber of Commerce and Industry and twoCzech partners and between the Bank for Investment and Development ofVietnam (BIDV) and the bank Eximbanka of Slovakia and CEB of the CzechRepublic.

In 2012, the Czech Republic announcedits export strategy through 2020, placing Vietnam—the only country inSoutheast Asia—among its 12 prior markets.

The Eastern European country has continually provided official development assistance to Vietnam, totalling 18 million USD.-VNA

See more

Delegates commence the construction of AEON Hai Duong Shopping Centre in Hai Duong Province on April 19. (Photo courtesy of AEON Vietnam)

Construction of AEON Hai Duong Shopping Centre kicked off

With a total investment of around 1.18 trillion VND (45.6 million USD), the AEON Hai Duong Shopping Centre is designed with a total floor area of approximately 3.6 hectares. Spanning an estimated gross floor area (GFA) of roughly 38,100 sq.m, the shopping centre will feature ample parking space for nearly 600 cars and 1,200 motorcycles.

Hai Phong hosts a conference on green transition and sustainable development. (Photo: congluan)

Hai Phong’s green growth sees both progress and obstacles

As part of its 2024 green growth efforts, Hai Phong implemented initiatives across 17 sectors. These included building and refining legal and policy frameworks as well as strengthening state management in line with green growth objectives.

Chanh Thon carpentry village in Nam Tien commune, Phu Xuyen district, Hanoi (Source: nongthonmoihanoi.gov.vn)

Hanoi to develop 254-million-USD industrial cluster

Until 2030, Hanoi looks to have 159 industrial clusters covering a total area of 3,204 ha, expand five clusters established between 2017 and 2020 with a total area of about 45 ha, and build 21 new ones covering about 536 ha.

A visitor experiences technologies at the event. (Photo: VNA)

Vietnam Beautycare Expo 2025 opens in Hanoi

The Vietnam Beautycare Expo 2025 aims to facilitate trade and business connections between industry professionals, helping visitors seek out suppliers, distribution partners, and retailers in the beauty and personal care sectors.

The Boeing 787-9 Dreamliner with special livery featuring the chim Lac (Photo: VNA)

Vietnam Airlines unveils Lac bird-themed livery on Boeing 787-9 aircraft

Vietnam Airline Deputy General Director Dang Anh Tuan said that the Lac bird embodies the pioneering spirit, the desire to conquer, and the will to continuously rise, adding displaying the symbol on Boeing 787, a pride of the global aviation technology, showcases the airline’s aspirations to connect the tradition and the future while carrying the Vietnamese identity across the world.

Khanh Hoa welcomes return of Russian tourists (Photo: VNA)

New charter flights boost Russian tourism to Khanh Hoa

Flight EO3661 operated by IKAR Airlines landed at Cam Ranh International Airport on April 18, carrying 350 Russian tourists from Novy International Airport in Russia. This marks the first charter flight organised by Pegas Misr Vietnam Travel Co., Ltd. to bring Russian tourists back to Khanh Hoa after a long pause due to the COVID-19 pandemic.