Handicraft export orders rise

In 2014, the export value of Vietnamese handicrafts jumped 8% on-year to US$1.6 billion, accounting for one-fifth of world market share. However, Vietnam’s handicraft exports have just targeted the low-end markets and have not matched their full potential. This was recently announced by the Department of Processing and Trade for …

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Q3 growth rises faster than expected, says ANZ

ANZ forecast Vietnam’s 2014 growth may hit 5.6% and see steady yet slow improvement to 5.8% in 2015. Growth in the medium term is expected to stay below long-term average with both the IMF and ADB forecasting 5.5% growth in 2014, and the World Bank expecting growth a tad lower …

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A wealth of opportunity for German investment in Vietnam

Vietnam’s equitization of state-owned enterprises (SoEs), principally corporations and major banks will offer a host of investment and business opportunities for the economic private sector, foreign investors who may become Vietnam’s strategic partners. Prime Minister Nguyen Tan Dung made the statement at the Vietnam- Baden Wuerttemberg Economic Forum on the …

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New Hanoi-Cambodia air route to be launched

On October 13, leading low-cost carrier – VietJet Air announced the launch of the daily air route linking Hanoi and Siem Reap in Cambodian. To welcome the new route, the carrier will offer discounted tickets starting from just VND420,000 (US$19.8) for the passengers on board its first Hanoi – Seam …

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Project launched to support footwear businesses

The undertaking is mutually run by the Leather and Shoe Research Institute, the University of Northampton in the UK and the Vietnam Leather, Footwear and Handbag Association (LEFASO), and is affirmed by the European Union. It intends to expand the limit of little  and medium-sized endeavors to fulfill the specialized …

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Switzerland helps improve SME capacities

The plan, utilizing non-refundable authority advancement help (ODA) from the Swiss Government, is continuously actualized in Hai Phong, Danang and Can Tho amid the 2013-2016 period. Miroslav Delaporte, Chief Representative of the Swiss State Secretariat for Economic Affairs (SECO) in Vietnam said the system helped enhance the aptitudes and limits …

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Ha Long Bay among 12 biggest coastlines on the planet

Ha Long Bay of Viet Nam has been chosen as one of the 12 biggest coastlines on the planet by US travel site Whenonearth. As per Whenonearth, Ha Long Bay peculiarities numerous tropical plants and creatures, coasting angling towns, and remarkable creations of disintegrated limestone, including a large number of …

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Seaplane flights give tourists aerial view of Ha Long Bay

Hai Au Aviation Joint Stock Company launched a tourist seaplane route from Hanoi to Ha Long Bay, in the northern coastal province of Quang Ninh, on September 9. From September 10 onwards, the airline will operate 1-3 flights a day between the two destinations and 5-10 flights a day over …

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Tourism forum sparks Viet Nam-Indonesia business interest

A tourism forum in Jakarta, Indonesia on September 2 provided a great opportunity for nearly 60 Indonesian entrepreneurs, starting or planning to expand tourism related businesses in Viet Nam to locate cooperation partners. Speaking at the forum, the Vietnamese Ambassador to Indonesia briefed those in attendance on the state of …

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