Vietexplorer2024

Hanoi has witnessed remarkable progress over the past year, especially within its tourism industry. Despite economic headwinds on both domestic and international fronts, the city’s tourism sector demonstrated a robust recovery and significant growth. According to the Hanoi Tourism Department, Hanoi experienced a boom in tourism, welcoming 27.86 million visitors, reflecting a 12.7% increase from the previous year. This included 6.35 million international tourists, a substantial rise of 34.4%, along with 21.51 million domestic visitors, indicating a healthy 7.5% growth. This influx of tourists has had a positive ripple effect on the economy, with total revenue estimated at VND110.52 trillion (approximately US$4.61 billion), an encouraging increase of 18.3%. These impressive figures were revealed during a conference on the tourism sector’s roadmap for 2025, held on December 30. They underscore the resilience and growth of Hanoi’s tourism industry in 2024. The capital’s tourism sector n...

India’s rise as a global power has reached a significant milestone as it surpasses Japan to secure the third position in the prestigious Asia Power Index, marking a pivotal moment in its ascent on the world stage. This development highlights a shift in the power dynamics within the Asia-Pacific region, reflecting India’s growing economic strength, diplomatic prowess, and strategic influence in the Indo-Pacific. The Rise of India: Losers and Gainers The Asia Power Index, an annual evaluation initiated by the Lowy Institute in 2018, has established itself as the benchmark for assessing power dynamics in the Asia-Pacific. The index analyzes 27 countries across eight thematic metrics, utilizing 131 distinct indicators. These indicators are categorized into two groups: resource-based determinants and influence-based determinants. Measuring National Power: The Multifaceted Approach Resource-Based Determinants: Economic Capability : Assesses core economic strength, including c...

Celebrating half a century of economic cooperation and regional partnerships between Australia and ASEAN. These forums presented an invaluable opportunity to showcase Bay of Lights as more than just a symbol of Cambodia’s potential; it is a game-changing initiative that will redefine the region. With a vision to become a leading destination for international travelers and investors, Bay of Lights is poised to catalyze Cambodia’s urban transformation while fostering deeper economic ties between Cambodia, Australia, and the broader ASEAN community, unlocking new avenues for growth and collaboration. “The foundation of Australia and ASEAN’s enduring partnership is mutual respect and shared aspirations, which has resulted in significant bilateral trade growth across multiple sectors,” remarked Michael Truong, Head of Business Development at Canopy Sands Development. “With Cambodia acting as a gateway connecting both regions, Bay of Lights is envisioned not merely as a city transf...

Vietnam News Headlines Today (Sep. 9) Vietnamese National Assembly Chairman Embarks on Official Visit to Russia Post-Typhoon Yagi Floodwaters Menace Mountainous Regions Vietnam Recaptures Pre-Pandemic Economic Growth Momentum Lang Son Geopark Earns UNESCO Global Geopark Recognition Hanoi Autumn Festival Promises to Bring Tourist Attractions to Life Vietnam’s 79th National Day Celebrated in the Netherlands Inauguration of Vietnamese Space in Ukrainian City OVs Unite to Promote Vietnamese Language and Culture Mozambican President Arrives in Hanoi, Commencing Official Visit to Vietnam National Assembly Chairman Tran Thanh Man receives a warm welcome at Moscow’s Vnukovo International Airport. (Photo: VNA) Vietnamese National Assembly Chairman Visits Russia Officially National Assembly Chairman Tran Thanh Man, accompanied by a high-ranking Vietnamese delegation, touched down at Moscow’s Vnukovo International Airport on the afternoon of September 8 (local time...