LOCAL F&B FIRMS EXPAND TO COUNTER FOREIGN COMPETITION
Local food and beverage (F&B) firms are expanding operations and upgrading the management technology and production lines in response to foreign competition.
VISA WAIVER FOR WESTERN EUROPEAN COUNTRIES EXTENDED
Prime Minister Nguyen Xuan Phuc agreed to extend the visa waiver for visitors from five Western European countries to three years, starting from early July. In a press release on a regular Government meeting issued on May 3, the Prime Minister made a determined effort to carry out tasks and solutions to transform tourism into a spearhead economic sector.
VIETNAM’S LARGEST CASINO TO OPEN GATES NEXT YEAR
Macau’s biggest junket operator Suncity Group Holdings Ltd. is undaunted in its ambition to start operating Vietnam’s largest casino in the central province of Quang Nam. The project is expected to be launched next year.
EDUCATION AND HEALTHCARE AMONG PRIORITY FDI SECTORS IN 2018-2030
New-generation FDI attraction for 2018-2030 will focus on education and healthcare, the sectors making the most added value, in addition to financial services, metal forging & chemistry, hi-tech equipment, logistics, and pharmaceutical.
OPEN VISA POLICY URGED TO MAKE VIETNAM’S TOURISM MORE ATTRACTIVE
Industry insiders have urged the Government to further open up visa policy for foreign tourists to make Vietnam’s hospitality industry more attractive. Vietnam has set a target of welcoming 20 million foreign visitors in 2020 and developing tourism into a key economic sector, and one way of achieving that goal is to provide visa waivers for important markets, the insiders said.
VISA-FREE TRAVEL BETWEEN VIETNAM AND CHILE
Starting from August 11, Vietnamese and Chilean holders of ordinary passports will not need to apply for visa when traveling between the two countries following an agreement signed between the two countries on October 17, 2016.
HONG KONG INVESTOR PROPOSES RACECOURSE IN CAN THO
Hong Kong-based SIBC International Ltd has proposed to the Can Tho authority a project to build a racecourse and an entertainment and tourism complex in the country’s southern city.
GOV’T EXTENDS VISA-EXEMPTION POLICY FOR FIVE EUROPEAN COUNTRIES
The Government has agreed to extend visa exemption policy for citizens from the UK, France, Germany, Spain and Italy. Minister-Chairman of the Government Office Mai Tien Dung released the news at the press conference on June 3.
