The UK's Financial Times appreciates Vietnam APEC 2017
The UK’s Financial Times has published an article highly appreciating Vietnam`s preparations for the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Week.
The article quoted Vice Chairman of the Hanoi People’s Committee Nguyen Ngoc Tuan as saying that this is the biggest diplomatic event of Vietnam in 2017 and the biggest international event ever organised in Da Nang.
Nguyen Tien Quang, Director of the Da Nang chapter of the Vietnam Chamber of Commerce and Industry, said this is a golden opportunity for Da Nang and there will not be so many opportunities again for the city to host delegations and national leaders like Presidents Donald Trump and Vladimir Putin, and leaders of big corporations.
To prepare, Da Nang in May inaugurated a new international airport terminal, and has invested millions of USD in roads and tunnels meant to ease the traffic. Some 400 black limousines and white minibuses are lined along the city’s riverfront to transport delegates and businesspeople from Alibaba, Pfizer, Facebook and Airbnb, it said.
According to the article, Da Nang’s name is associated with some of the darkest chapters of America’s war in Indochina when the US used its air base there to store Agent Orange, the defoliant chemical blamed for causing cancer, birth defects and other health problems among large numbers of Vietnamese civilians.
Now the city is hoping to make its name as an efficient and orderly regional hub with tidy infrastructure and clean streets, which the municipal officials strive to keep clear of beggars, homeless people and drug users under a programme that provincial authorities call the “five yeses and three nos”.
The city welcomes around 6 million visitors each year, 1.5 million of them are foreigners. It said Da Nang has some way to go to catch up with Ho Chi Minh City and Hanoi in attracting businesses. According to the VCCI’s municipal chapter, the city has attracted some 3 billion USD in foreign investment in about 400 projects to date. However, the city has thus far failed to attract many top-drawer investors.
22:28, 2025/01/24
Vietnam news in brief - January 25
Read the Hanoi Times to keep up with the latest developments in Vietnam.
20:47, 2025/01/22
Vietnam news in brief - January 22
Stay up to date with the latest news from The Hanoi Times.
20:53, 2025/01/21
Vietnam news in brief - January 21
Read The Hanoi Times for more updates about Vietnam and its capital.
08:58, 2025/01/21
Vietnamese leaders congratulate President Donald Trump on inauguration day
Vietnamese leaders expressed confidence that, under Trump's leadership, the partnership would continue to grow based on mutual respect for independence, sovereignty, and political systems.
23:10, 2025/01/20
Vietnam, Czech Republic issue Joint Statement on elevating ties to Strategic Partnership
Prime Minister Pham Minh Chinh and Prime Minister of the Czech Republic Petr Fiala have issued a Joint Statement, upgrading Vietnam-Czechia relations to a Strategic Partnership during the Vietnamese Prime Minister's official visit to the Czech Republic, from January 18 to 20.
21:52, 2025/01/20
Vietnam news in brief - January 20
Read The Hanoi Times news in brief to get the latest updates on the country.
- President calls for overseas Vietnamese to join hands in nation-building efforts
- General Secretary acknowledges overseas Vietnamese’ contributions
- Vietnam news in brief - January 19
- Homeland Spring 2025: Overseas Vietnamese explore investment opportunities
- PM calls for Polish businesses to seize opportunities in Vietnam’s market
- Vietnam news in brief - January 17