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Despite strong visitor growth, Vietnam tourism ranks low

Despite strong visitor growth, Vietnam tourism ranks low

The country has experienced 25 per cent growth on international visitor arrivals between 2016 and 2018, with tourism receipts accounting for some 11 per cent of GDP, according to Maybank Kim Eng Research.

World Bank approves $125-million support to Ho Chi Minh City

Vietnam rises to be a new manufacturing star as US-China trade war escalates

Fitch revises Vietnam’s outlook to positive from stable

Fitch Ratings has affirmed Vietnam’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB’ and revised the outlook to positive.

Vietnam looks to court well-heeled travellers

International tourists are spending less in Vietnam than in other regional countries.

Big investors set sights on infrastructure projects in Ho Chi Minh City

The authorities are calling for investment in 210 key projects with a total development cost of up to $53.8 billion.

Sapa hotels weather water shortage

Hotels in nothern mountainous tourist district of Sapa have suffered a massive water shortage in the past weeks due to a prolonged drought.

HSBC estimates a 0.3 percentage point gain for Vietnam’s real GDP from EVFTA

Should the EU-Vietnam FTA be ratified at the end of 2019, Vietnam could expect to gain some 0.3 percentage point to its real GDP, say economists at HSBC.

Controversy over visa exemption for foreign tourists

Despite the desperate call for visa exemption for international tourists from the private sector, state management bodies insisted that it did not affect the visitor flow into Vietnam.

BIM Group powers largest solar energy complex in Southeast Asia

The solar power complex in Ninh Thuan province features three plants with total capacity of 330MWp.

Vietnam fishing industry strives to remove EU yellow card warning

Vietnam is rolling up its sleeves to solve the issue of illegal, unreported, and unregulated (IUU) fishing to boost fisheries export to the European Union.

Production shift from China benefits Vietnam industrial market

Looking at the remainder of 2019 and for the full 2020, CBRE expects an increase in industrial supply across Vietnam to benefit from the production shifting from China given the former key economic fundamentals.

Vietnam's economy to expand 6.6 per cent in 2019: World Bank

Growth of Vietnam’s economy is projected to moderate to 6.6 per cent in 2019, driven by credit tightening, slower private consumption and weaker external demand, according to World Bank.

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