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Free trade deal increasing Vietnam's allure to Brits


Free trade deal increasing Vietnam’s allure to Brits
09:00 | 25/04/2021
Kenneth Atkinson, executive chairman of Grant Thornton Vietnam
The UK-Vietnam Free Trade Agreement (UVFTA) is one of the first signed and entered into by the UK after leaving the European Union on December 31 last year. The agreement reflects the importance both the UK and Vietnamese governments place on the strategic partnership developed over the last 10 years and the growing importance of the bilateral relationship between the pair.
A recent policy review submitted to the British parliament states “As an independent trading nation, the UK’s aim is to increase prosperity in all parts of the UK with a values-driven trade policy to open up markets and update international trading rules”. It further elaborates that “in the decade ahead, the UK will deepen their engagement in the Indo-Pacific, establishing a greater and more persistent pre ....

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VIETNAM BUSINESS NEWS APRIL 25


VIETNAM BUSINESS NEWS APRIL 25
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 25/04/2021
  
10:05
GMT+7
Vietnamese aviation has huge room for expansion
Vietnam’s aviation market boasts huge potential for expansion. Illustration image
The Airports Corporation of Vietnam (ACV) has invested heavily in airport infrastructure development as Vietnam’s aviation market boasts huge potential for expansion, according to an official from the corporation.
Deputy head of ACV’s business and market development board Nguyen Quoc Hung said that more than 25 trillion VND (over 1 billion USD) has been poured into expanding infrastructure over the last five years to better serve the growth being seen in passenger and cargo traffic. ....

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Healthcare focus for Brit investors through UVFTA


Healthcare focus for Brit investors through UVFTA
10:00 | 14/04/2021
The official entry of the bilateral UK-Vietnam Free Trade Agreement in May will open up more opportunities for innovative British healthcare investors to further penetrate the Vietnamese market.
Representatives of Vietnam and the UK hand over notes confirming the date when the UKVFTA comes into force. Photo: VNA
Emily Hamblin, UK consul general in Ho Chi Minh City and trade director for Vietnam, said that May 1 is the next milestone to celebrate in the United Kingdom and Vietnam’s timeline of implementing the free trade deal (UVFTA), when the agreement will legally enter into force. ....

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Domestic tourism rebounds, but safety remains overriding theme


Domestic tourism rebounds, but safety remains overriding theme
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 14/04/2021
  
18:02
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With the Government’s effective pandemic containment measures and initiatives to stimulate domestic tourism demand, sentiment towards travel is recovering.
Nguyen Thi Thu Hang asks tourism and hospitality experts about likely opportunities to boost domestic tourism, and what the Government should do to accelerate the recovery of the industry post-COVID-19. 
Kenneth Atkinson, founder and senior adviser of Grant Thornton Vietnam and vice chairman of the Vietnam Tourism Advisory Board
In 2019 Vietnam had over 80 million domestic travellers and 18 million foreign visitors who contributed over 12 per cent to the country’s GDP. Total revenues were estimat ....

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