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Booking for outbound tours increases sharply

In Uncategorized on November 25, 2010 at 5:23 pm

Booking for outbound tours increases sharply

QĐND – Thursday, November 25, 2010, 20:54 (GMT+7)

Preliminary statistics of major travel agencies showed that the number of people booking outbound tours to welcome New Year Festival saw a year-on-year increase of 20 percent.

The increase was attributed to a series of discount programmes abroad.

The tourists mainly booked tours to the Republic of Korea , Thailand , China’s Hong Kong and Macau , Malaysia and Singapore .

Saigontourist has been the first travel agency to offer overseas tours with more than 50 programmes in five continentals. The most special programme will be “Hello Turkey-New Year 2011” with 10 days of many activities of Turkish culture.

The tourism company also opened a tour to South Africa and a New Year tour to Australia , the country welcomes new year at the earliest time in the world. Customers of this tour will have an opportunity to see fireworks above Sydney quay.

Saigontourist marketing official Doan Thi Thanh Ha revealed that over 1,000 tourists have so far booked for abroad tours at the company.

The number of people registered for overseas tours through the Vietravel office in Hanoi and the Hanoi Redtours also climbed to about 700.

Meanwhile, the number of visitors booking for domestic tours by the end of the year was low. Saigontourist said that its number of visitors for domestic tours was equal to 30 percent of abroad tours.

According to the Vietnam Administration of Tourism, the tourism sector had to date fulfilled the goal of welcoming 4.2 million foreign arrivals in 2010 and the total number of foreign arrivals to Vietnam is expected to hit 5 million, an increase of 18 percent over 2009.

Source: VNA

Source: QDND

International arrivals surge sharply in May

In Uncategorized on May 29, 2010 at 5:17 am

International arrivals surge sharply in May

QĐND – Friday, May 28, 2010, 21:3 (GMT+7)

The number of foreign tourists arriving in Vietnam this May increased by 50.3 percent year on year to 440,000, bringing the total number of foreign arrivals this year to 2.2 million. 

They mainly came from China, Australia, the Republic of Korea, Thailand, Taiwan, France, Malaysia and the US. Chinese tourists raced ahead took the lead with a surge of 111 percent, according to figures released by the Ministry of Planning and Investment. 

Ho Chi Minh City was a major destination, drawing 1.3 million overseas tourists, accounting for more than half of the total figure in the last five months. 

The holidays on April 30-May 1 also led to a sharp rise in domestic holidays makers. The numbers even doubled at popular sites such as the mountain resort of Sa Pa in the northern province of Lao Cai, Nha Trang Bay in the central coastal province of Khanh Hoa and the old French mountain resort Da Lat in the Central Highland province of Lam Dong. 

Some popular resorts were fully booked, pushing tour prices up by 20-30 percent. 

In an effort to speed up the ongoing growth, many travel agencies in conjunction with local administrations have launched a variety of promotion campaigns. 

The central city of Da Nang now offers an extensive programme of discounts on goods and services during August and September with prices during cut by 5 to 25 percent. 

The central coastal province of Khanh Hoa has also launched a series of promotion campaigns, offering 30-50 discounts on tours, restaurants and entertainment services for international flight passengers who land at Cam Ranh International Airport and book a hotel with three stars or more in Khanh Hoa.

Source: VOV

Source: QDND

European stocks fall sharply at open

In Uncategorized on May 7, 2010 at 12:37 pm

The wave of selling in world markets is continuing in Europe amid a huge sell-off on Wall Street, fears that Greece’s debt crisis is spreading and an uncertain general election result in Britain.

Minutes after the open, the FTSE 100 index of leading British shares was 1.3 percent lower, while Germany’s DAX dropped 1.1 percent. France‘s CAC-40 index fared worse, tumbling 2 percent.

The declines in Europe, accompanied by sharp falls in Asia, come a day after the Dow Jones industrial average closed down 3.2 percent after having at one point plunged 1,000 points, or about 9 percent.

 Asian stocks sank Friday following a huge sell-off on Wall Street as fears that Greece’s debt crisis could spread to other European nations continued to rattle investors.

Numbers are streaked across the board at Australian Stock Exchange in Sydney, Friday, May 7, 2010, after the Dow Jones industrials plunged 1,000 points at one point Thursday – the biggest drop ever during a trading day.

Japan’s benchmark Nikkei 225 stock average dropped 331.10 points, or 3.1 percent, to 10,364.59, South Korea’s Kospi tumbled 2.2 percent to 1,647.54 and Hong Kong’s Hang Seng retreated 0.7 percent to 19,993.05. Australia’s benchmark shed 2 percent.

The wave of selling in Asia came after the Dow Jones industrial average plunged 1,000 points at one point Thursday — the biggest drop ever during a trading day — because of a possible simple typographical error or computer glitch. The Securities and Exchange Commission said it was reviewing what happened.

The Dow later recovered some of its losses, but still closed down 3.2 percent at 10,520.32 with investors beset by worries that Greece’s debt woes could spread to countries like Portugal and Spain and then further afield, undermining the global economic recovery.

“I am very concerned about the Greek problem,” Japan’s Prime Minister Yukio Hatoyama told reporters as the Nikkei index plummeted in the wake of massive losses overnight in New York.

Japanese Finance Minister Naoto Kan said finance ministers from the Group of Seven nations will hold a teleconference later in the day to discuss the Greek debt crisis.

“Investors are not so sure that the European Union alone can contain the spreading financial crisis,” said Masatoshi Sato, market analyst at Mizuho Investors Securities Co. Ltd.

With the Greek crisis hammering global financial markets, the Bank of Japan said Friday it will offer two trillion yen ($22 billion) in short-term loans to commercial banks to boost liquidity.

“We would like to ensure stability in financial markets by providing ample funds to banks,” Bank of Japan official Yuichi Adachi said. He declined to elaborate further.

Across Asia, sentiment was downbeat with shares in Taiwan, Indonesia, Thailand and New Zealand all falling sharply. China’s Shanghai Composite Index opened Friday down 2 percent but had pared that loss to a fall of 1.5 percent by the afternoon.

Before Thursday’s global sell-off, the Shanghai benchmark was at an eight-month low this week on concern government efforts to cool housing prices and a bank lending boom might slow growth and hurt profits at real estate and other companies.

Some analysts said Asian equities may soon rebound since most companies in the region aren’t directly exposed to Europe’s most struggling economies.

“Chinese exporters are indirectly affected because the European Union is China’s biggest trading partner, but none of the listed companies are directly exporting to Greece and Spain,” said Peng Yunliang, a strategist for Shanghai Securities. “The panic might not last for long.”

In currencies, the dollar rose to 92.18 yen in Tokyo on Friday, up from 90.78 yen in New York late Thursday. The dollar plunged to 87.95 yen in New York Thursday at one point.

The euro, which fell to a 14-month low of 1.2520 on Thursday, rose to $1.2684 on Friday.

Benchmark crude for June delivery was up 10 cents to $77.21 a barrel in electronic trading on the New York Mercantile Exchange. The June contract lost $2.86 to settle at $77.11 on Thursday.

Source: SGGP

Gold prices rise sharply

In Uncategorized on March 24, 2010 at 4:47 am

World gold prices continued to rise sharply causing a spike in domestic prices that reached pushed the precious metal to its highest level during the last three months.

On February 17, domestic gold officially traded at VND27.05 million per tael, an increase of VND670,000 per tael compared with last weekend, while world gold prices climbed to US$1,118.7 per ounce (1.2 taels), an increase of $28.3 per ounce.

However, most gold businesses were still closed for the Tet holiday.

In Ho Chi Minh City, the Saigon Jewelry Holding Company, was buying gold at VND26.32 million per tael and selling it at VND26.42 per tael.

In Hanoi, the price of SJC gold at the Bao Tin Minh Chau Company was VND26.45 million per tael, while it was purchasing it at VND26.21 million per tael.

One gold shop owner said that despite a sudden jump in gold prices, trading remained brisk at the few shops open during the Lunar New Year holiday.

Most gold businesses are set to open on Thursday, February 18.

Source: SGGP Bookmark & Share