Decade of Vietnam-US Ties Marked

HA NOI — Relations between Viet Nam and the United States had grown in many aspects since the countries established ties 10 years ago, said Deputy Chairman of the National Assembly Nguyen Phuc Thanh yesterday.

He was speaking at the reception held for the special US envoy Gordon H. Mansfield, Deputy Secretary of Veterans Affairs, sent by President George W. Bush to Ha Noi on the occasion of celebrating the 10th anniversary of establishing diplomatic ties.

Vietnam Festival Open in Washington D.C.

Mon, 07/11/2005 - 01:07

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Vietnam Festival

Vietnamese Traditional Artists to Showcase Their Work in America

Sat, 07/09/2005 - 01:37

HA NOI — Nguyen Van Thuan was surprised to hear he had been selected for a trip to the US to introduce the traditional art of to he to Americans.

"Firstly I didn’t believe it was true. I never thought my to he could get me as far as the U.S.," said 59-year-old Thuan.

Thuan will make small dolls out of rice dough at a culture fair titled Vietnam Festival in the US this weekend. The fair is being held to commemorate the 10th anniversary of the normalization of diplomatic relation between the two countries.

US Religious Official Visits Central Highland Province

Wed, 06/29/2005 - 17:58

President of the US's Institute for Global Engagement (IGE) Chris Seiple on Tuesday visited the Central Highland province of Gia Lai on June 28 to inquire into the religious atmosphere there.

Seiple later said the visit brought him “fresh information” on the religious situation in the Central Highlands in general that the international community and international organizations have yet to obtain.

He also said that his trip to Gia Lai will help improve the relationship between Vietnam and other countries, particularly between Vietnam and the US.

Insurance Market Opens Up to Foreign Competitors

Wed, 06/29/2005 - 17:50

HCM CITY — Last week’s licensing of two American insurance companies is a strong sign of the Vietnamese Government’s intention to open up its fledgling insurance market, according to an official from the finance ministry.

With the addition of the two companies, New York Life and ACE, the total number of American life insurance outlets doing business in Viet Nam now stands at three.

Foreign Companies Get the Nod to Set Up Subsidiaries

Wed, 06/29/2005 - 17:46

HA NOI — Foreign-invested enterprises, already allowed to convert to joint stock companies, will shortly be able to reorganize under the parent-subsidiary model, under a plan approved in principle by the Prime Minister.

The Ministry of Planning and Investment (MPI) will begin working this week with relevant offices on regulations that would govern a foreign-invested enterprises (FIEs) organization as a parent company.

Festival Honors Hue Traditions

Tue, 06/28/2005 - 14:29

HCM CITY — Hue will host its first-ever traditional arts festival in mid-July, celebrating time-honored Vietnamese crafts such as embroidery and conical hat making, a city representative has announced.

Nguyen Duy Hien, head of Hue’s Information and Culture Office, said the festival would showcase the skills of local artisans who have been honing their crafts for decades, aiming to boost their status and creative role and generate local interest in traditional crafts.

Vietnam Allows Travelers to Carry More Money Across Border

Tue, 06/28/2005 - 11:51

Travelers are now allowed to carry 2.5 to three times more foreign and local currencies when entering or leaving Vietnam, the country’s central bank has announced.

Travelers only have to declare cash when they carry more than US$7,000, or other foreign currencies of the same value, and VND15 million (around US$950) when entering or leaving the country, the State Bank of Vietnam said.

US Group to Build Resort In Southern Vietnam

Tue, 06/28/2005 - 11:44

The US' Winvestment-LLC Group has received a license to build a US$300 million tourism site in the southern seaside Vung Tau city, a local official said.
The Sai Gon Atlantis Hotel resort will feature a hotel that can accommodate 2,000 guests, according to the project.

Besides, the 300-ha resort will also feature an entertainment park with both land and water games, a sports complex, including a golf course, and exhibition halls, which can welcome some 100,000 visitors a day.

Vietnam Sees Boom in American Arrivals in June

Tue, 06/28/2005 - 11:43

The number of American tourists to Vietnam in June skyrocketed 48.5 percent over May, totaling over 1.72 million foreign visitors in the first half of 2005, said the country’s tourism watchdog.
Statistics of the Vietnam National Administration of Tourism (VNAT) showed that 35,053 Americans visited Vietnam in June. Thanks to the unexpected surge, the total US arrivals in the reached 166,875 or 19.4 percent over the same period last year.

In total, Vietnam lured more than 1.72 million foreign tour-goers in the January-June period, up 23.7 percent year-on-year.

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