Việt Nam stock market bounces back, more gains predicted: VinaCapital

Việt Nam’s stock market is still cheap at 11.5 times forward P/E and expectations of EPS growth of over 20 per cent this year compared to an average P/E of 16.2 for its emerging market ASEAN peers.

Korea-Đà Nẵng tourism links restart Budget airline Vietjet Air officially resumed its Incheon-Đà Nẵng flight, carrying 220 passengers to the central city on April 29, officially restarting tourism links between Đà Nẵng and South Korea after two years of COVID-19 deadlock.

Resumed flights to revive Đà Nẵng tourism Nine major airlines have officially resumed regular flights on 10 air routes connecting the central city of Đà Nẵng with Thailand, Malaysia, Singapore, Korea, Japan and India between March and September, sparking a wake-up in tourism markets in Northeast Asia and ASEAN destinations.

Central city eyes MICE and golf in post-COVID recovery plan

The central city’s tourism industry has been boosting its promotion of MICE (Meetings, Incentives, Conference, Exhibitions) and golf, two key products for the tourism recovery plan in 2022 after two-years of damage due to the pandemic.

Foreign tourist arrivals to Việt Nam up 42.4 per cent in November as country tentatively reopens Việt Nam welcomed over 15,000 foreign tourists in November, up 42.4 per cent from October, according to the General Statistics Office (GSO).

Vietnamese economy expands at 5.61 per cent in H1 despite the pandemic The latest updates from the General Statistics Office (GSO) showed that the Vietnamese economy expanded at 5.64 per cent in the first half of this year, much higher than the growth rate of 1.82 per cent recorded in the same period of last year.

Việt Nam's January exports up 50.5 per cent year-on-year

Việt Nam's goods exports were valued at US$27.7 billion in January, up 0.2 per cent from the previous month and 50.5 per cent from the same period last year, according to the General Statistics Office of Vietnam (GSO).

With COVID-19 under control, VN tourism sector banks on domestic travel 2020’s tourism revenues were estimated at VNĐ312 trillion, equal to only 58.7 per cent of 2019’s figure.

LG, Đà Nẵng agree to build R&D centre for car components

The central city’s Investment Promotion Agency (IPA) and the vehicle component solutions development centre (LG-VS) under Korean LG Electronics Việt Nam-Hải Phòng company has signed a Memorandum of Understanding (MoU) on building the first R&D centre in the city and Việt Nam.

Tourism sector takes steps to recover market amid new COVID-19 outbreak

The Việt Nam National Administration of Tourism is making preparations for a recovery of the tourism market amid a new COVID-19 outbreak.