Vietnam

Many foreign investment funds expect the State Securities Commission (SSC), the country's stock market watchdog, to supplement and revise some provisions of  the draft Law on Securities in a move to stimulate foreign trading in the local stock market.  Foreign holding at Vietnamese banks is capped at 30 percent The provisions relate to the foreign ownership limit (FOL) and the non-voting depository receipts (NVDR). The recommendation was made at a recent dialogue between SSC and representatives of 13   members of the Asia Trader Forum (ATF) including Dragon Capital, Vinacapital, Flanklin/Templeton HK, HSBC Global Asset HK and PXP Vietnam Asset Management. At the meeting, the funds expressed their concerns about the FOL and suggested the introduction of  NVDR saying those changes are needed  for the sake  of the Vietnamese stock market to nest their investments. According to the funds, though the FOL is raised to 100 percent under Decree … [Read more...] about Foreign funds want law changes to further invest in Vietnam

Miss Vietnam Universe 2015, Pham Huong, introduces Da Nang City for APEC delegations in a video clip that shows off famous destinations and services in Da Nang. Miss Vietnam Universe 2015 Pham Huong introduces Da Nang City Several video clips promoting Da Nang tourism have been released on this occasion, one of the most notable is a promotional video clip featuring Pham Huong. Huong leads viewers to the beautiful landscape of Son Tra Peninsula, Han River, Bach Dang Street and other cultural and historical locations. Shopping centres in developing urban areas are also one of the attractive features in the city. The clip was arranged to start from morning to night, making viewers feel like they have experienced 24 hours in the city. Danang Department of Tourism has introduced six tour programmes for the media and APEC delegations to Hue Imperial Citadel, Hoi An Town and the Marble Mountains. Pham Huong by the Han River Beautiful landscape in Da Nang featured in … [Read more...] about Miss Vietnam Universe promotes Da Nang and APEC 2017

An Australian fam-trip delegation is surveying Vietnam’s tourism to sound out business prospects and work with potential local partners over measures to promote travel between the two nations. The delegation will survey Vietnamese well-known tourist destinations including Hoi An Ancient Town According to the Vietnam Administration of Tourism (VNAT), it in conjunction with Vietjet Air and Singapore Airlines are receiving the fam-trip delegation from Perth, Sydney and Melbourne of Australia to survey Vietnamese well-known tourist destinations of Can Gio, My Son, Hoi An, Hue, Ha Noi and Ha Long. At a meeting with the delegation, Ngo Hoai Chung, VNAT’s Deputy General Director, said that Australia is one of the key markets of Vietnam’s tourist industry, ranking seventh among the 10 leading tourist markets of Vietnam. In 2016, Vietnam welcomed 320,688 Australian tourists, an increase of 5.6 percent compared to 2015. In the first 10 months of 2017, the number … [Read more...] about Australian fam-trip delegation survey Vietnam tourism

An award ceremony for the winners of Vietnam Tourism Magazine’s “Vietnam: Endless Beauty” photo competition, an initiative under the purview of the Vietnam National Administration of Tourism, took place in Hanoi on July 5. Open to entries from January 1–May 31, 6,466 images taken by 590 photographers from 61 cities and provinces were submitted. Hanoi photographer Vu Thanh Chung was awarded first place, the runners up were split between Thua THien-Hue’s Vo Dong Bay and Vinh Long’s Nguyen Bach Thao, and Khanh Hoa’s Vu Ngoc Hoang, Ho Chi Minh City’s Tran Vu Dung, and Yen Bai’s Tuan Nghia from Yen Bai all finished in third. Vu Thanh Chung's photo The competition’s organising board selected 164 works for inclusion in the 6th National Tourism Artistic Photograph Exhibition, available for viewing from July 5–9 in Hanoi. Vietnamese Association of Photographic Artists Chairman Vu Quoc Khanh said the event helps … [Read more...] about “Vietnam: Endless Beauty” photo contest winners honoured

A collection of Vietnam’s natural landscapes and people by Turkish photographers during a recent trip to Vietnam has been published on Boredpanda - a leading art, design and photography community website in Europe. They are professional photographers from the SSS Club that selected Vietnam as the destination for a photography trip. The 19-person group also included Vietnamese photographer Nguyen Vu Phuoc and Phuoc who helped them on their trip. During the 16-day journey, they came to Hanoi, Ninh Binh, Sapa, Hue, Hoi An, Nha Trang and the south west. The photographers had to wake up at 4 am every day to catch the sunrise at their locations. Ao Dai in Hue Fishermen raise their nets on the Huong River in Hue Cham lady in Nha Trang Temples of the feudal kings and lords in Hue A young monk in Tra Vinh Tam Coc tourist site in Ninh Binh Province, nicknamed Halong Bay on land Terraced fields in Sapa Mekong River Doc Lech salt field … [Read more...] about Vietnam through Turkish lenses