The Business Times: RoK, Japan seen as Hanoi tourism’s key markets

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• RoK, Japan seen as Hanoi tourism’s key markets
• US – the largest market for Vietnamese products
• Switzerland invests nearly US$2 bil in Vietnam
• Buon Ma Thuot Coffee Festival to promote its trademark
• AEC formation- a win-win for Vietnamese businesses
• Dung Quat oil refinery plant embarks on expansion
• Ho Chi Minh City sees strong growth in January
• Ho Chi Minh City’s CPI drops slightly
• Ascott opens its 1st Somerset serviced residence in Hai Phong

RoK, Japan seen as Hanoi tourism’s key markets Posted: 23 Jan 2015 06:59 PM PST The Republic of Korea (RoK) and Japan have been defined as the primary markets of Hanoi's tourism thanks to their high growth in the number of arrivals to the capital. Recent years have seen a 50 percent growth in Korean and Japanese travellers to the city, earning the reputation of both big spenders and long-stay […] The post RoK, Japan seen as Hanoi tourism's key markets appeared first on Vietnam Business News.

US – the largest market for Vietnamese products Posted: 23 Jan 2015 06:57 PM PST The US has become the biggest importer of Vietnam, with two-way trade turnover reaching approximately US$28.5 billion in 2014, up 19.6% compared to last year's figure. The US took the lead in importing Vietnamese products, followed by the European Union (EU), ASEAN, China, Japan, and the Republic of Korea. Vietnam's key export items were garment […] The post US – the largest market for Vietnamese products appeared first on Vietnam Business News.

Switzerland invests nearly US$2 bil in Vietnam Posted: 23 Jan 2015 06:48 PM PST As of December 2014, Switzerland had foreign direct investment (FDI) of US$1.94 billion in 101 projects throughout Vietnam, according to Foreign Investment Agency (FIA). Switzerland was the 18th largest foreign investor in the country with an average FDI of roughly US$19.2 million per project, which is significantly higher than the average figure of US$14.3 million […] The post Switzerland invests nearly US$2 bil in Vietnam appeared first on Vietnam Business News.

Buon Ma Thuot Coffee Festival to promote its trademark Posted: 23 Jan 2015 06:44 PM PST The fifth Buon Ma Thuot Coffee Festival will take place March 9-12 at Buon Ma Thuot city in the Central Highlands province of Dak Lak. The announcement was revealed at a press conference held by the Dak Lak provincial People's Committee in Hanoi on January 22. The festival is a significant event aimed at boosting […] The post Buon Ma Thuot Coffee Festival to promote its trademark appeared first on Vietnam Business News.

AEC formation- a win-win for Vietnamese businesses Posted: 23 Jan 2015 06:42 PM PST To fully capitalize on the benefits proffered by the ASEAN Economic Community (AEC), business enterprises should make a concerted effort to improve their national, regional and global competitiveness. Specifically, this translates to installing internal control systems to ensure product quality, timeliness of production and delivery of goods and services along with streamlining management and production […] The post AEC formation- a win-win for Vietnamese businesses appeared first on Vietnam Business News.

Dung Quat oil refinery plant embarks on expansion Posted: 23 Jan 2015 06:42 PM PST Dung Quat oil refinery plant is set to expand its operation to increase production capacity from the current 6.5 million tonnes to 8.5 million tonnes in the next few years, announced the management board of Dung Quat industrial zone (IZ) in central Quang Ngai province on January 23. The expansion project has a total investment […] The post Dung Quat oil refinery plant embarks on expansion appeared first on Vietnam Business News.

Ho Chi Minh City sees strong growth in January Posted: 23 Jan 2015 06:41 PM PST Ho Chi Minh City had a good start for 2015 with strong and stable growth in January, heard a regular meeting on January 23 of the municipal People's Committee. As of January 20, the city attracted US$363.8 million in foreign direct investment (FDI), which was poured in 23 new and 8 underway projects. The capital […] The post Ho Chi Minh City sees strong growth in January appeared first on Vietnam Business News.

Ho Chi Minh City’s CPI drops slightly Posted: 23 Jan 2015 02:47 PM PST Ho Chi Minh City's January consumer price index (CPI) inched down 0.48% from last month as a result of recent reductions in petrol, oil and gas prices. Annually, these figures mark a rise of 0.76%. During the month, transportation recorded the steepest decrease of 4.8%; followed by housing, electricity, water, fuel and construction materials (1.5%), […] The post Ho Chi Minh City's CPI drops slightly appeared first on Vietnam Business News.

Ascott opens its 1st Somerset serviced residence in Hai Phong Posted: 23 Jan 2015 02:21 AM PST CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has opened its first Somerset serviced residence in Hai Phong. The 132-unit Somerset Central TD Hai Phong City is located on a prime urban area in the city's new Central Business District. The new property is the first international branded serviced residence in Hai Phong […] The post Ascott opens its 1st Somerset serviced residence in Hai Phong appeared first on Vietnam Business News.

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