Foreign investors have poured trillions of dong into shares of large infrastructure companies which promise modest but stable profits.
A number of yarn, weaving and dyeing projects have restarted after a period of postponement due to the US withdrawal from the Trans-Pacific Partnership (TPP). However, the textile & garment industry still faces difficulties.
The exhibition “Sun Rising over the Mekong: 50 Years of Vietnamese Painting”, which features iconic painters trained at the École des Beaux-Arts de l’Indochine in Hanoi, will be held by Raquelle Azran Vietnamese Contemporary Fine Art in London from November 3-9.
In 2016, Vietnam received 10 million foreign travelers and served 62 million domestic travelers.
Vietnam is one of a few countries which harvests and sells salangane resources.
How much do internal resources contribute to the country’s GDP? Economists have raised the question after the General Statistics Office (GSO) announced a record-high GDP growth rate of 7.46% in the third quarter of the year.
Rural areas, where 70% of the population lives and where the average income per capita has been increasing rapidly, is a market with great potential.
A report from the Vietnam Tourism Association showed that 6.5 million Vietnamese traveled abroad in 2016 and spent US$7-8 billion. Spending per capita was US$1,230 on outbound tours, an increase of 15% over 2015.
As Vietnamese favor foreign-made products and are willing to pay more for products they like, international express delivery firms see Vietnam as a fertile land for their business.
A symphony concert with the performance of German conductor Gudni Emilsson, violinist Trong Binh and the Hanoi Philharmonic Orchestra will be held on October 28 at the Hanoi Opera House, 1 Trang Tien, Hanoi.