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Vietnam’s Quang Nam, home to Hoi An, welcomes first int’l visitors in two years

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Thirty passengers from Incheon, South Korea, arrived on Wednesday in Quang Nam, marking the arrival of the first tourist group to the central province after a two-year halt due to COVID-19.

The group checked in at a resort in Quang Nam Province following their landing at Da Nang International Airport in the namesake city, about 30km apart.

Quang Nam, home to famed Hoi An Ancient Town, is expected to receive around 300 additional passengers on two other flights from Incheon after they land at the airport over the next few days.

The passengers on the three mentioned flights include overseas Vietnamese and foreign tourists from the U.S., Canada, and South Korea who have been fully vaccinated, hold a negative COVID-19 test certificate issued no more than 72 hours prior to departure, and have insurance coverage for COVID-19 treatment with a minimum liability of US$50,000.

Those requirements are stipulated in the package tour program for international arrivals designed by Quang Nam tourism authorities.

Tourists arrive at Da Nang International Airport before heading to a resort in the central province of Quang Nam as part of a pilot program to welcome international visitors to the locality after a two-year halt due to COVID-19 on November 17, 2021. Photo: Tan Luc / Tuoi Tre

Tourists arrive at Da Nang International Airport before heading to a resort in the central province of Quang Nam as part of a pilot program to welcome international visitors to the locality after a two-year halt due to COVID-19 on November 17, 2021. Photo: Tan Luc / Tuoi Tre

The seven-day tour itinerary consists of visits to Hoi An Ancient Town and My Son Sanctuary, as well as stays at Hoiana Resort Complex, TUI BLUE Nam Hoi Resort An Resort, and Vinpearl Resort & Golf Nam Hoi An.

Wednesday’s international tourists to Quang Nam were the first since March 2020, when border closures and travel restrictions were put in place to facilitate Vietnam’s battle with COVID-19.

Only Vietnamese repatriates, foreign experts, diplomats, investors, highly-skilled workers, and students have been allowed into the country, subject to stringent quarantine requirements.

Quang Nam has reported 1,856 local infections since the fourth coronavirus wave hit Vietnam on April 27.

Over 78 percent of the central province’s adult population have received at least one dose of COVID-19 vaccine while nearly 18 percent have been fully vaccinated, according to the national COVID-19 vaccination portal.

A tourist arrives at Da Nang International Airport before heading to a resort in the central province of Quang Nam as part of a pilot program to welcome international visitors to the locality after a two-year halt due to COVID-19 on November 17, 2021. Photo: Tan Luc / Tuoi Tre

A tourist arrives at Da Nang International Airport before heading to a resort in the central province of Quang Nam as part of a pilot program to welcome international visitors to the locality after a two-year halt due to COVID-19 on November 17, 2021. Photo: Tan Luc / Tuoi Tre

Vietnam has detected 1,055,246 COVID-19 infections since the pandemic first hit the country early last year, including a total of 1,050,185 community transmissions in its 63 provinces and cities since the fourth virus wave broke out.

More than 36.8 million people of the country’s 98-million population have been fully inoculated against the coronavirus. 

The central government has relaxed pandemic control curbs over the past few weeks as transmissions have slowed down, partly due to larger vaccine coverage.

However, the number of infections has appeared to rebound in many locales in recent days.

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Source: https://tuoitrenews.vn/news/business/20211118/vietnams-quang-nam-home-to-hoi-an-welcomes-first-int-l-visitors-in-two-years/64218.html

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Vietnam welcomes first Chinese tourists since start of pandemic via northern border gate

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China resumed outbound group tours to Vietnam on Wednesday by sending a group of 38 Chinese tourists to Vietnam through the Mong Cai-Dongxing international border gate linking the northern Vietnamese province of Quang Ninh with Guangxi Province. 

The group will participate in a four-day-and-three-night tour in Ha Long City under Quang Ninh Province and Hanoi.

In total, 632 Chinese tourists entered Vietnam through the border gate on Wednesday.

Positive signals from Chinese guests

To facilitate the immigration process, several additional officials have been detached to the border gate.

Nguyen Thu Huong, vice-chairwoman of the People’s Committee of Mong Cai City in Quang Ninh Province, said that the arrival of the first group of Chinese visitors to Vietnam is a positive signal.

The city has asked relevant agencies to review infrastructure, equipment, and processes at the border gate, while working with their Chinese counterparts to prepare for the influx of Chinese tourists.

Chinese travelers pose for a photo at the Mong Cai International Border Gate in Quang Ninh Province, northern Vietnam. Photo: Kim Oanh / Tuoi Tre

Chinese travelers pose for a photo at Mong Cai International Border Gate in Quang Ninh Province, northern Vietnam. Photo: Kim Oanh / Tuoi Tre

The People’s Committee of Mong Cai City also asked travel companies to prepare to welcome groups of Chinese visitors via Mong Cai International Border Gate.

Mong Cai City has improved the quality of its existing tourism products and launched new ones, such as border tourism activities, shopping, and food tours.

Nguyen Van Thanh, head of the Bac Luan border station at Mong Cai International Border Gate, said that more border guards were dispatched to the crossing when the resumption of immigration and import-export activities between Vietnam and China was announced.

A tour guide for China’s Shenzhou Travel Company, which organized the tour for the first Chinese tourist group to Vietnam since the pandemic, said the company plans to take tourist groups to other localities in the Southeast Asian country, such as Da Nang and Khanh Hoa on the central coast.

On Wednesday morning, authorities in Mong Cai City offered flowers to the first group of Chinese visitors to enter Vietnam through Mong Cai International Border Gate.

Trade resumes

China relaxed its COVID-19 restrictions on January 8, but trade through the Mong Cai-Dongxing international border gate was not resumed until February 21.

Pham Duc Huyen, director of Ngan Minh Ngoc Co. Ltd., a company in Quang Ninh Province, said that import-export activities at the border gate have been ramped up since vehicles from both countries were permitted to travel through Mong Cai again.

Import-export activities have ramped up since vehicles from both Vietnam and China were permitted to travel between the two countries. Photo: H.Viet / Tuoi Tre

Import-export activities have ramped up since vehicles from Vietnam and China were permitted to travel between the two countries. Photo: H.Viet / Tuoi Tre

Hundreds of trailer trucks have passed through the Bac Luan II Bridge border gate each day since COVID-19 restrictions were relaxed.

According to a report by the management board of Mong Cai International Border Gate, over 234,200 metric tons of goods passed through the Bac Luan II Bridge border gate during the first week of this month, surging 108 percent over the same period last year.

Mong Cai City generated a trade turnover of US$244.64 million in the first two months of the year, inching up three percent year on year, including $153.06 million in exports and $91.58 million in imports.

A Chinese trader rearranges goods at her booth in a market in Mong Cai City, Quang Ninh Province, northern Vietnam after shutting down the booth for several years due to the COVID-19 pandemic. Photo: H.Viet / Tuoi Tre

A Chinese trader re-arranges goods at her booth at a market in Mong Cai City, Quang Ninh Province, northern Vietnam after shutting down the booth for several years due to the COVID-19 pandemic. Photo: H.Viet / Tuoi Tre

China last week added Vietnam to a list of countries where its tour agencies are allowed to organize group tours to.

This is the second phase of the northern neighbor’s pilot program for resuming outbound group tours.

According to the General Statistics Office, Vietnam welcomed 5.8 million Chinese tourists in 2019, or some 30 percent of the country’s international tourist arrivals.

The Southeast Asian country set a target to welcome eight million foreign travelers this year.

Like us on Facebook or  follow us on Twitter to get the latest news about Vietnam!

China resumed outbound group tours to Vietnam on Wednesday by sending a group of 38 Chinese tourists to Vietnam through the Mong Cai-Dongxing international border gate linking the northern Vietnamese province of Quang Ninh with Guangxi Province. 

The group will participate in a four-day-and-three-night tour in Ha Long City under Quang Ninh Province and Hanoi.

In total, 632 Chinese tourists entered Vietnam through the border gate on Wednesday.

Positive signals from Chinese guests

To facilitate the immigration process, several additional officials have been detached to the border gate.

Nguyen Thu Huong, vice-chairwoman of the People’s Committee of Mong Cai City in Quang Ninh Province, said that the arrival of the first group of Chinese visitors to Vietnam is a positive signal.

The city has asked relevant agencies to review infrastructure, equipment, and processes at the border gate, while working with their Chinese counterparts to prepare for the influx of Chinese tourists.

Chinese travelers pose for a photo at the Mong Cai International Border Gate in Quang Ninh Province, northern Vietnam. Photo: Kim Oanh / Tuoi Tre

Chinese travelers pose for a photo at Mong Cai International Border Gate in Quang Ninh Province, northern Vietnam. Photo: Kim Oanh / Tuoi Tre

The People’s Committee of Mong Cai City also asked travel companies to prepare to welcome groups of Chinese visitors via Mong Cai International Border Gate.

Mong Cai City has improved the quality of its existing tourism products and launched new ones, such as border tourism activities, shopping, and food tours.

Nguyen Van Thanh, head of the Bac Luan border station at Mong Cai International Border Gate, said that more border guards were dispatched to the crossing when the resumption of immigration and import-export activities between Vietnam and China was announced.

A tour guide for China’s Shenzhou Travel Company, which organized the tour for the first Chinese tourist group to Vietnam since the pandemic, said the company plans to take tourist groups to other localities in the Southeast Asian country, such as Da Nang and Khanh Hoa on the central coast.

On Wednesday morning, authorities in Mong Cai City offered flowers to the first group of Chinese visitors to enter Vietnam through Mong Cai International Border Gate.

Trade resumes

China relaxed its COVID-19 restrictions on January 8, but trade through the Mong Cai-Dongxing international border gate was not resumed until February 21.

Pham Duc Huyen, director of Ngan Minh Ngoc Co. Ltd., a company in Quang Ninh Province, said that import-export activities at the border gate have been ramped up since vehicles from both countries were permitted to travel through Mong Cai again.

Import-export activities have ramped up since vehicles from both Vietnam and China were permitted to travel between the two countries. Photo: H.Viet / Tuoi Tre

Import-export activities have ramped up since vehicles from Vietnam and China were permitted to travel between the two countries. Photo: H.Viet / Tuoi Tre

Hundreds of trailer trucks have passed through the Bac Luan II Bridge border gate each day since COVID-19 restrictions were relaxed.

According to a report by the management board of Mong Cai International Border Gate, over 234,200 metric tons of goods passed through the Bac Luan II Bridge border gate during the first week of this month, surging 108 percent over the same period last year.

Mong Cai City generated a trade turnover of US$244.64 million in the first two months of the year, inching up three percent year on year, including $153.06 million in exports and $91.58 million in imports.

A Chinese trader rearranges goods at her booth in a market in Mong Cai City, Quang Ninh Province, northern Vietnam after shutting down the booth for several years due to the COVID-19 pandemic. Photo: H.Viet / Tuoi Tre

A Chinese trader re-arranges goods at her booth at a market in Mong Cai City, Quang Ninh Province, northern Vietnam after shutting down the booth for several years due to the COVID-19 pandemic. Photo: H.Viet / Tuoi Tre

China last week added Vietnam to a list of countries where its tour agencies are allowed to organize group tours to.

This is the second phase of the northern neighbor’s pilot program for resuming outbound group tours.

According to the General Statistics Office, Vietnam welcomed 5.8 million Chinese tourists in 2019, or some 30 percent of the country’s international tourist arrivals.

The Southeast Asian country set a target to welcome eight million foreign travelers this year.

Like us on Facebook or  follow us on Twitter to get the latest news about Vietnam!

Source: https://tuoitrenews.vn/news/business/20230316/vietnam-welcomes-first-chinese-tourists-since-start-of-pandemic-via-northern-border-gate/72124.html

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UNIQLO to open in Binh Duong in spring/summer 2023

UNIQLO, the Japanese global apparel retailer, has announced its expansion in the southern province of Binh Duong, marking further growth for the brand’s presence in Viet Nam.

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UNIQLO will begin recruiting local talent as it prepares to open its store in one of the region’s most exciting, high-growth economies.

With a strong GDP growth rate and located in the centre of the southern key economic region and next to HCM City, Binh Duong has become the industrial hub of the country with outstanding infrastructure.

UNIQLO’s store will open in AEON MALL Binh Duong Canary, one of the biggest malls with full utilities for different target audiences, especially families.

“Three years with three cities, 15 stores and UNIQLO Online is a remarkable journey for us thanks to the continued strong support from customers and local communities. Our entry into Binh Duong is the next exciting milestone for everyone at UNIQLO Vietnam. We look forward to introducing UNIQLO and our high quality, affordable LifeWear apparel in Binh Duong, and continue to make a positive contribution to the economy and communities where we operate,” said Osamu Ikezoe, General Director and Chief Operating Officer, UNIQLO Vietnam.

Source: Viet Nam News

Source: https://e.nhipcaudautu.vn/companies/uniqlo-to-open-in-binh-duong-in-springsummer-2023-3351265/

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Renewable power investors seek PM’s help to quell fear of financial distress

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Thirty-six renewable power investors have petitioned the prime minister to consider addressing pricing-related inadequacies in renewable power development that left 34 solar and wind power plants unable to sell their electricity to state-owned Vietnam Electricity Group (EVN).

These investors, in a petition recently sent to Vietnam’s Prime Minister Pham Minh Chinh, said that the impact of the COVID-19 pandemic resulted in 84 renewable power projects, with a total capacity of some 4,600 MW, lagging behind schedule to achieve commercial operation.

Among these, 34 projects, comprising 28 wind farms and six solar plants with a total capacity of more than 2,000 MW, are eligible to connect to the national power grid, but their investors have had to wait for a new pricing mechanism, which provides a foundation for renewable power investors and the national electricity buyer EVN to process power purchase agreements.

Six solar power projects have been waiting for a new pricing mechanism for more than 26 months, while 28 wind farms have been waiting for around 16 months. 

The total investment for these 34 projects, which have reached completion but have yet to connect with the national grid, amounts to an estimated VND85 billion (US$3.6 billion), with VND58 billion ($2.45 billion) borrowed from banks.

Therefore, the investors said they are facing a risk of financial woes, adding that corporate debts would rise and banks would find it hard to recover capital.

If the pricing mechanism for solar and wind power projects remains ineffective in the long run, the development of such projects could grind to a halt, thereby resulting in energy insecurity and a lower chance of fulfilling the government’s commitments on energy transformation and carbon dioxide emission reduction.

Direct power purchase mechanism proposed

To remove obstacles facing the 34 projects, renewable power investors proposed the government leader ask the Ministry of Industry and Trade to study and introduce a new pricing policy for them.

In addition, the investors suggested hiring independent consultants to work out a price bracket for renewable electricity, strictly following requirements of an advisory council and the Ministry of Finance to ensure transparency.

Also, the price bracket must be worked out based on the internal rate of return of 12 percent as stipulated in the Ministry of Industry and Trade’s Circular 15 issued on October 2, 2022.

As for power purchase contracts, the investors of these 34 wind and solar farms suggested keeping policies to encourage the development of renewable energy that the government had issued previously.

According to the investors, the pricing policy for the projects should remain in place for 20 years. They sought the prime minister’s nod for the conversion of prices into U.S. dollars or for regulations on slippage in power generation.

They also proposed the prime minister direct relevant ministries and agencies to complete and issue a direct power purchase mechanism which would allow renewable power investors to sell their electricity to those in need.

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Thirty-six renewable power investors have petitioned the prime minister to consider addressing pricing-related inadequacies in renewable power development that left 34 solar and wind power plants unable to sell their electricity to state-owned Vietnam Electricity Group (EVN).

These investors, in a petition recently sent to Vietnam’s Prime Minister Pham Minh Chinh, said that the impact of the COVID-19 pandemic resulted in 84 renewable power projects, with a total capacity of some 4,600 MW, lagging behind schedule to achieve commercial operation.

Among these, 34 projects, comprising 28 wind farms and six solar plants with a total capacity of more than 2,000 MW, are eligible to connect to the national power grid, but their investors have had to wait for a new pricing mechanism, which provides a foundation for renewable power investors and the national electricity buyer EVN to process power purchase agreements.

Six solar power projects have been waiting for a new pricing mechanism for more than 26 months, while 28 wind farms have been waiting for around 16 months. 

The total investment for these 34 projects, which have reached completion but have yet to connect with the national grid, amounts to an estimated VND85 billion (US$3.6 billion), with VND58 billion ($2.45 billion) borrowed from banks.

Therefore, the investors said they are facing a risk of financial woes, adding that corporate debts would rise and banks would find it hard to recover capital.

If the pricing mechanism for solar and wind power projects remains ineffective in the long run, the development of such projects could grind to a halt, thereby resulting in energy insecurity and a lower chance of fulfilling the government’s commitments on energy transformation and carbon dioxide emission reduction.

Direct power purchase mechanism proposed

To remove obstacles facing the 34 projects, renewable power investors proposed the government leader ask the Ministry of Industry and Trade to study and introduce a new pricing policy for them.

In addition, the investors suggested hiring independent consultants to work out a price bracket for renewable electricity, strictly following requirements of an advisory council and the Ministry of Finance to ensure transparency.

Also, the price bracket must be worked out based on the internal rate of return of 12 percent as stipulated in the Ministry of Industry and Trade’s Circular 15 issued on October 2, 2022.

As for power purchase contracts, the investors of these 34 wind and solar farms suggested keeping policies to encourage the development of renewable energy that the government had issued previously.

According to the investors, the pricing policy for the projects should remain in place for 20 years. They sought the prime minister’s nod for the conversion of prices into U.S. dollars or for regulations on slippage in power generation.

They also proposed the prime minister direct relevant ministries and agencies to complete and issue a direct power purchase mechanism which would allow renewable power investors to sell their electricity to those in need.

Like us on Facebook or  follow us on Twitter to get the latest news about Vietnam!

Source: https://tuoitrenews.vn/news/business/20230316/renewable-power-investors-seek-pms-help-to-quell-fear-of-financial-distress/72111.html

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