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| The appeal of adventure tourism in Mu Cang Chai has been affirmed, with over 40-50% of visitors coming specifically for paragliding each year. (Illustrative image - Source: VNA) |
The festival aims to promote tourism and spotlight the local stunning terraced rice fields to both domestic and international visitors.
During the event, paragliders using engines will perform synchronised aerial maneuvers, creating artistic smoke displays, while hundreds of others will take off from Khau Pha pass and soar over Lim Mong valley, waving the national flag in celebration of National Day (September 2).
Luong Thi Xuyen, Vice Chairwoman of the Mu Cang Chai People's Committee, noted that paragliding at Khau Pha pass has become a signature tourism product linked to the terraced fields of the district, making it a popular local event. The appeal of adventure tourism in Mu Cang Chai has been affirmed, with over 40-50% of visitors coming specifically for paragliding each year.
Local terraced rice fields were designated a special national heritage site by the Prime Minister in 2019. To honour this landmark and promote the cultural values of the Mong ethnic minority, Yen Bai has organised various cultural, sports, and tourism activities since 2015, with paragliding being a prominent feature.
So far this year, the province has welcome over 1.6 million visitors, meeting 94.24% of the annual target and up 24.7% year-on-year. The number of foreigners was nearly four times higher compared to the same period in 2023. The eight-month tourism revenue was projected to near 1.32 trillion VND (53.13 million USD), a 27% annual increase.
For 2024, Yen Bai aims to attract 1.7 million tourists, including 300,000 foreign ones, with a revenue target of 1.50 trillion VND.
Fifth international exhibition on supporting industries to take place in October
The fifth Vietnam International Supporting Industry and Manufacturing Exhibition (VIMEXPO) with the theme “Connecting for Development” will officially return on October 17-19, 2024.
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| Fifth international exhibition on supporting industries to take place in October. (Photo: congthuong.vn) |
VIMEXPO 2024 will cover 7,000 square meters and is expected to attract the participation of nearly 300 domestic and international businesses in the fields of automobile manufacturing and assembly industry, hi-tech, electronics industry and mechanical engineering.
So far, the exhibition has attracted the attention of typical enterprises in the domestic and international supporting industry and manufacturing sector, such as Toyota Vietnam, Hyundai, Vietnami, Osaka, Azuma, Thien Hop, Truong Thinh and Nanotech.
The three-day event is expected to attract about 1,500 visitors.
VIMEXPO is the most reputable international exhibition on Supporting Industry and Manufacturing in Vietnam, belonging to the Supporting Industry Development Program approved by the Prime Minister. It is organized under the Ministry of Industry and Trade’s sponsorship and guidance.
VIMEXPO 2024 introduces four targeted sectors of supporting industries and achievements to domestic and international partners. The exhibition will be the starting point for Vietnamese manufacturers to strengthen joint ventures, networking, cooperation and sustainable development, to effectively participate in global supply chains.
When participating in VIMEXPO 2024, enterprises will receive direct support from the Government’s budget and the Organizing Board to encourage the development of manufacturing and supporting industries.
Vietnam to have international timber trading floor
Vietnam will build an international timber products trading center, according to Decision 895 recently issued by the Prime Minister.
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| Photo for illustration |
The Prime Minister has issued Decision 895/QD-TTg approving the National Forestry Planning for the 2021-2030 period, with a vision to 2050.
Under the planning, the country will build the forestry sector into an economic and technical sector based on the establishment, management, protection, development and sustainable use of forest resources and forestry land; ensuring broad and equal participation of organizations and individuals in forestry activities, mobilizing social resources; maximizing the potential, role and value of forests for sustainable development.
Specifically, it aims to maintain a stable national forest coverage rate of 42-43%, focusing on improving forest quality, especially existing natural forests.
The average growth rate of forestry production value will reach 5-5.5% a year. The export value of wood and forest products will reach 20 billion USD in 2025 and 25 billion USD in 2030; the value of domestic consumption of wood and forest products will reach 5 billion USD (converted) by 2025 and 6 billion USD (converted) by 2030.
By 2025, the income value from production forests per unit area will increase 1.5 times and by 2030, it will increase 2 times compared to 2020.
By 2030, 100% of forest areas of forest owners are organizations that are sustainably managed to improve the efficiency of conserving natural resources and biodiversity and ensure the protective function of forests, minimizing violations of forestry laws.
By 2050, the forestry industry will be built into an economic and technical sector, promoting the potential and advantages of tropical forest resources.
Also according to Decision 895, the forest area certified for sustainable forest management will reach about 500,000 hectares by 2025 and will reach about 1 million hectares by 2030.
Priority will be given to developing wood trading centers in hi-tech forestry zones; building an international wood products trading center and building programs and plans for trade promotion and market development.
Vietnam-India bilateral trade turnover enjoys positive growth
Trade turnover between Vietnam and India reached 15 billion USD in 2022 while the figure only posted about 200 million USD in 2000. The result helped make India one of the eight largest trade partners of Vietnam.
A representative of the Ministry of Industry and Trade said that bilateral trade turnover between Vietnam and India has grown positively in recent months. Accordingly, in the past seven months, the bilateral trade turnover reached nearly 8.67 billion USD, an increase of 4.5% over the same period in 2023. In particular, Vietnam’s export turnover to India reached 5.37 billion USD, a rise of 15.2% over the same period last year.
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| Bilateral trade turnover between Vietnam and India has grown positively in recent months. (Photo: VNA) |
The group of phones of all kinds and components led with a turnover of 1.15 billion USD, a sharp increase of 102%, accounting for 21.5% of the total export turnover. The group of computers, electronic products and components ranked second with 945 million USD, accounting for 17.5%. It was followed by the group of machinery, equipment, tools and other spare parts with 507 million USD, accounting for 9.4%.
Notably, other export sectors in the seven months also saw very strong growth, typically: pepper up 87.5% (worth 38.5 million USD), plastic products up 75%, wood and wood products up 65.7%, animal feed and raw materials up 57.2%, means of transport and spare parts up 56.6%, confectionery and cereal products up 55.3%, rubber up 42.9%, ceramic products up 27%, cashew nuts up 25.5% and textile and footwear materials up16.6%.
In contrast, Vietnam’s import turnover from India during this period only reached 3.3 billion USD, down 9.2% compared to the same period in 2023 and only accounted for 1.55% of the total. Notably, Vietnam recorded a trade surplus of 2.06 billion USD with India in the seven months, a sharp increase of 101.8% over the same period last year.
The representative of the Ministry of Industry and Trade emphasized that trade relations between Vietnam and India continue to play a key role in the bilateral relationship, with sustainable growth over the past 26 years. Trade turnover between the two countries has reached 15 billion USD in 2022 from only about 200 million USD in 2000, making India one of the eight major trade partners of Vietnam.
In 2023, Vietnam’s export turnover to India reached 14.36 billion USD, up 6.8% against 2022, accounting for more than 2% of Vietnam’s total export turnover.
International visitors to Khanh Hoa exceed yearly plan
The central coastal province of Khanh Hoa welcomed more than 3.2 million international visitors in the first eight months of 2024, 2.6 times higher than the same period last year, exceeding the year’s set plan by 6.7%.
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| Photo for illustration. (Source: toquoc.vn) |
According to Khanh Hoa Department of Tourism, the number of tourists to the province in the eight months is estimated at 8 million, a year-on-year increase of 61.1%, reaching 88.9% of the plan. Of which, international tourist arrivals reached an estimated 3.2 million, up by 2.6 times, and domestic tourists numbered 4.8 million, up by 29.1%.
Total revenue from tourists is estimated at more than 39.5 trillion VND, a year-on-year rise of 65.3%, reaching 98.5% of the annual plan.
Ms. Nguyen Thi Le Thanh, Director of the Khanh Hoa Department of Tourism, said that the spectacular tourism growth in recent months came from significant contribution from innovation in tourism promotion. This helped the locality soon complete the set target of welcoming over nine million overnight tourists in 2024, including three million international visitors. Total revenue from tourism for the whole year is 40,100 billion VND.
Since the beginning of the year, Khanh Hoa has organized many tourism promotion programs in key and potential international markets such as China, the Republic of Korea, Kazakhstan and Thailand. It also coordinated with the aviation industry to reopen international flights.
At the same time, the province proactively invited international Famtrip delegations from the Republic of Korea, China, Thailand and Indonesia to survey and learn about local tourism products.
On-site promotion through cultural, entertainment, sports and tourism events helps create a brand and position the destination in the hearts of tourists, added Thanh./.