Phu Quoc, Con Dao among Southeast Asia's top 10 islands
Vietnam’s Phu Quoc and Con Dao are in the list of top 10 islands in Southeast Asia as voted by readers of the Travel + Leisure magazine.
Phu Quoc and Con Dao are ranked fourth and 10th in the first ever Asia’s Best Awards 2022 introduced by the American publication.
The other eight islands in order are: Phuket and Koh Samui (Thailand), Bali (Indonesia), Langkawi (Malaysia), Lombok (Indonesia), Palawan (Philippines), Penang (Malaysia) and Koh Phi Phi (Thailand).
Phu Quoc Island
Phu Quoc, Vietnam's largest island off the southern province of Kien Giang, had previously been listed among the top 25 in the world by the magazine, placed 14th with 90.25 points.
Hong Kong-based daily South China Morning Post (SCMP) had in March named the Regent Resort on Phu Quoc Island among the "best new resorts to see in 2022".
Phu Quoc, also known as “Pearl Island”, was named among the 17 best places in Asia by cable news network CNN in 2019. "The island is home to some of the most beautiful beaches in Southeast Asia and the world's longest overseas cable car," it said.
Besides resting on beautiful beaches like Sao beach, Long beach and Ong Lang, travelers can kayak through fishing villages, dine on fresh seafood aboard a floating platoon, go squid fishing and visit a pearl farm.
Phu Quoc became well-known globally after the government allowed 30-day visa-free entry to the island in 2014. The island received five million visitors in 2019, pre-pandemic time, 541,600 of them foreigners, according to official data.
Con Dao Island
Con Dao Island, located around 230 kilometers (143 miles) southeast of Ho Chi Minh City, used to be known for the large prison first established by the French and later used by the Americans during the Vietnam War.
Last year, the Dam Trau Beach on Con Dao Island was listed among the world's 25 most beautiful ones by Travel + Leisure. It was ranked 18th in the list.
"Trying to select Vietnam's most beautiful beach is tough, but Bai Dam Trau in the Con Dao islands is certainly a top contender. With distinct golden sands, soft swells and shady groves of bamboo and evergreen trees, it's the kind of place to spend the day gently swinging in a hammock with a beach read and walking in the surf with a freshly hacked coconut", the magazine wrote on its website in 2021.
Con Dao was one of two Southeast Asian localities to be listed in the Top 52 Places to visit in 2021 by the New York Times.
- Read More
Masan Consumer promotes Vietnamese cuisine to international friends
Masan Consumer, the consumer goods arm of Masan Group, recently showcased its products at the 2024 International Food Festival in Hanoi, helping promote the unique cuisine of Vietnam to visitors from across the globe.
Companies - Mon, December 16, 2024 | 11:08 am GMT+7
Dairy giant Vinamilk to spend over $41 mln on interim dividend payment
Vinamilk, the largest dairy firm in Vietnam, plans to spend VND1.045 trillion ($41.3 million) to pay interim cash dividends to shareholders for the second phase of 2024 at a rate of 5%, according to the company.
Companies - Mon, December 16, 2024 | 10:43 am GMT+7
Universal Scientific Industrial to expand Vietnam investment to $290 mln
Mainland China-based Universal Scientific Industrial (USI), an electronics supplier under Taiwan-based ASE Technology Holding, will increase its investment in Vietnam to $290 million.
Industries - Mon, December 16, 2024 | 10:33 am GMT+7
Vietnam property market in the hands of large developers: Savills
Throughout this year, the Vietnamese real estate market has only truly been active for large, well-established developers, according to Savills Vietnam.
Real Estate - Mon, December 16, 2024 | 8:17 am GMT+7
Top 50 signals the recovery of Vietnam's economy
Vietnam's Top 50 Best-performing Companies of 2024 have solid fundamentals, strong management, and substantial room for growth, says Nguyen Thanh Thao, CEO of Thien Viet Securities Joint Stock Company (TVS).
Companies - Mon, December 16, 2024 | 8:00 am GMT+7
Investment policy adjusted for $59 mln wind power project in central Vietnam
Quang Tri province authorities recently approved an adjustment to the investment policy for Hai Anh wind power plant project, with Hai Anh-Quang Tri Wind Power JSC as its investor.
Energy - Sun, December 15, 2024 | 10:06 pm GMT+7
Latvian man on trial for running loan shark ring with 1,380% interest rate
The Ho Chi Minh City People’s Court is holding the first-instance trial of Aigars Plivės, a 39-year-old Latvian national, for engaging in illegal lending through online platforms with interest rates as high as 1,380% per year, earning VND4.15 trillion ($163.35 million) in illicit profits.
Society - Sun, December 15, 2024 | 8:11 pm GMT+7
Vietnam interest rates under rising pressure to go north in 2024: central bank
Vietnam’s banking sector will face significant challenges in the near future, including mounting pressure for higher interest rates, amidst global economic uncertainty and domestic economic risks, says Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
Banking - Sun, December 15, 2024 | 2:17 pm GMT+7
Daughter of Vietnam jewelry major PNJ head to spend $15 mln on company’s shares
Tran Phuong Ngoc Thao, vice chairwoman of Phu Nhuan Jewelry JSC (PNJ), has registered to purchase 4 million PNJ shares between December 18 and January 16, 2025.
Finance - Sun, December 15, 2024 | 10:20 am GMT+7
Exchange rate to cool down, deposit interest rates to inch up by year-end: broker
While the VND/USD exchange rate may cool off toward the VND25,000 mark, interest rates on savings could see modest increases over the rest of the year, broker MB Securities (MBS) said in its latest macroeconomic report.
Banking - Sun, December 15, 2024 | 10:03 am GMT+7
US policy changes likely to impact Asia and Pacific growth
Asia and the Pacific’s economic growth will remain steady this year and next, but expected U.S. policy changes under the incoming administration of President-elect Donald Trump are likely to affect the region’s longer-term outlook, write Asian Development Bank (ADB) analysts in the latest edition of Asian Development Outlook (ADO).
Consulting - Sun, December 15, 2024 | 8:00 am GMT+7
Vietnamese hospitality firm Vinpearl seeks to mobilize $197 mln before stock relisting
Vinpearl JSC, the hospitality arm of Vietnam's leading private conglomerate Vingroup, will offer more than 70 million shares to the public at VND71,350 apiece, for proceeds of over VND5,000 billion (nearly $197 million).
Finance - Sat, December 14, 2024 | 10:12 pm GMT+7
Vietnam has 174 FDI projects in semiconductor sector: minister
Vietnam is now hosting 174 foreign-invested projects in the semiconductor sector, with a total registered capital of nearly $11.6 billion, according to Minister of Planning and Investment Nguyen Chi Dung.
Industries - Sat, December 14, 2024 | 4:47 pm GMT+7
‘Euro’ leads Vietnam’s most trending Google search in 2024
Google has released its “Year in Search” list for 2024, with "Euro" emerging as the most trending search term among Vietnamese internet users.
Society - Sat, December 14, 2024 | 3:35 pm GMT+7
Vietnam Airlines posts first profit in 4 years, record revenue since listing
National flag carrier Vietnam Airlines JSC is estimated to earn VND6.26 trillion ($246.57 million) in pre-tax profit in 2024, marking its first return to profitability since 2020.
Companies - Sat, December 14, 2024 | 2:56 pm GMT+7
Fraud in coconut growing area codes must be strictly addressed: Vina T&T Group exec
The buying and selling of growing area codes in the coconut sector are severely damaging Vietnam's reputation and competitiveness, says Nguyen Phong Phu, deputy technical director of Vina T&T Group.
Companies - Sat, December 14, 2024 | 12:11 pm GMT+7
- Opinion
-
Vietnam embraces new wave of investments: HSBC exec
-
Chinese e-commerce giant Temu's Vietnam entry: unfair competition or market economy norm?
-
Vietnam's economy: positive changes but concerns persist
-
Slow administrative procedures hinder Korean investments in Vietnam: KoCham chair
-
Abundant real estate opportunities surround HCMC
-
Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert