Trade - Service

Core inflation in February picked up 0.48% month-on-month, resulting in an increase of 1.82% year-on-year.

The MOU describes Vietnam Airlines’ intention to significantly expand its existing strategic relationship with Sabre, with a potential value of over US$300 million.

International reporters will have the chance to explore destinations and experience distinctive tourism products and services of Hanoi and Vietnam.

Many experts said that this event will make Hanoi and Vietnam more widely known as a destination of peace.

Most of Vietnam’s woodwork was made from wood logged by local plantations, while restricting material imports and prohibiting illegal timber help limit deforestation.

The figure is US$2.9 billion higher year-on-year and nearly double the average number of US$23 billion per month recorded in the 2012 – 2018 period.

Despite Vietnam`s economic boom in recent years, Vietnamese workers’ wages remain hugely competitive, contributing positively to the economy’s competitiveness.

In January, Vietnam imported a total of 11,658 cars worth US$274 million, up 47-fold compared to the same period of last year.

US-based Hasbro, the world’s leading toymaker, planned to reduce its production capacity in China to 60% by 2020, compared to 69% in 2018 and 86% in 2012, with Vietnam among its alternative destinations.

Single-market merchants and digital payment will certainly become even more notable in the upcoming year.

The fast-changing nature of Vietnam’s e-commerce environment requires timely modification of related regulations.

The EU – Vietnam Free Trade Agreement (EVFTA) would transform Vietnam into a focal investment point as it paves the way for European companies to access a fast-growing market, while Vietnam’s middle-class consumers are magnet to European investors.

In January alone, Ho Chi Minh City welcomed 793,662, an increase of 21% from a year earlier.

The country recorded a trade deficit of US$222 million during the period, lower than the deficit of US$315 million recorded in the 2018 Lunar New Year festival.

Da Nang aims to welcome 8.19 million visitors throughout 2019, up 6.9% year-on-year, including 3.19 million foreigners, an increase of 11%.

In 2019, Hanoi aims to greet nearly 28.6 million tourists in 2019, including 6.7 million foreigners.

In 2019, Thua Thien-Hue is expected to attract 4.5 – 4.7 million tourists, with 40 - 45% being foreigners.

Many South Korean travelers described an impressive experience in Vietnam, for them: “home away from home!”

The plan aims to gear up the economic and social development of Moc Chau.

There are currently no non-stop flights between the two countries, despite a large market catering to tourism and visits by friends and relatives.