Nepal comes looking for business opportunities, tourists

Mar 14th at 13:31
14-03-2019 13:31:47+07:00

Nepal comes looking for business opportunities, tourists

Viet Nam and Nepal have huge potential for co-operation in various sectors, especially tourism, according to the Viet Nam Chamber of Commerce and Industry (VCCI).

 

More and more companies from Nepal are seeking opportunities in Viet Nam while that country is also a promising market for Vietnamese enterprises, Nguyen The Hung, deputy director of the VCCI’s HCM City branch, said.

Trade between the two countries was modest at US$38 million in the first nine months of last year, he told a seminar on business opportunities in Nepal held in HCM City on Wednesday.

Many Vietnamese products could be exported to Nepal, including coffee and tea, other agricultural produce, textile and garment, electrical equipment, and food, he said.

Viet Nam is also increasingly popular with Nepali tourists, he said

Around two million Nepalis travel overseas every year, and Asia is their favourite destinations, he said.

Nepal receives 1.2 million foreign visitors every year, and this is growing at 24 per cent a year.

India, China and Western Europe are its top sources of visitors.

In 2017, approximately 7,000 Vietnamese tourists traveled to Nepal, with most of them choosing spiritual tourism and eco-tourism, he added.

Nepal is open for business in many areas, like hydropower, transport, agriculture, tourism, information and communication technology, mining and minerals, health and education, and finance, Janga Bahadur Gurung, counsellor and deputy chief of mission at the Nepali embassy in Bangkok, said.

His Government would announce the new policies for attracting FDI at the 2019 Nepal Investment Summit to be held from March 29 to 30, he said.

Two dozen viable projects in various sectors would be showcased at the summit, he said.

More than 700 participants from more than 50 countries have registered to attend the summit, he added.

Pratigya Rai, second secretary at the embassy in Bangkok, said with its mountain ranges, myriad temples, ancient towns, wildlife and colourful culture, Nepal has a huge amount to offer.

It has eight of the 10 world’s highest mountain peaks, 12 national parks, one wildlife reserve, six conservation areas, and one hunting reserve, she said.

There are direct flights from Bangkok, Kuala Lumpur and Singapore to Kathmandu, the country’s capital, she said.

Kathmandu Valley with its ancient temples and myths and where Hinduism and Buddhism meet is a popular place to visit in Nepal, she said.

Visitors can also try their hand at mountain flights, jungle discovery, zip flying, bungee jumping, mountain biking, sky diving, canyoning, mountaineering, white water rafting and kayaking, paragliding, and trekking, she said.

Nepal has very simple procedures for tourist visas and Vietnamese nationals can even obtain them on arrival, she added.

bizhub



RELATED STOCK CODE (1)

NEWS SAME CATEGORY

VAFI proposes ways to hike State budget revenue

The State budget revenue may reach US$100 billion in the next 15 years if the Government takes drastic measures to reform State-run enterprises and create a level...

Perfecting institutions needed to rev up economy: Experts

Pushing through institutional reforms is desperately needed to achieve breakthroughs in the nation’s economic growth, especially during its path toward global...

Vietnamese economy to shine through turbulent year ahead

Despite headwinds in the global economy, experts believe that Vietnam’s fundamentals and opportunities remain attractive to foreign investors.

Firms urged to increase awareness of environmental protection

Vietnamese firms should increase their awareness of environmental protection to achieve sustainable development amidst rapid global integration, heard a forum in Ha...

Google helps Vietnamese start-ups go international

Google has recently announced a programme to help Vietnamese start-ups go global.

CPTPP helps drive Canadian firms’ interest in Viet Nam

A conference was held in Toronto, Canada on Monday to help small-and-medium-d enterprises (SMEs) in the country study the Vietnamese market and take advantage of...

Aviation market sees new growth impetus

Viet Nam’s aviation market is forecast to increase rapidly, fuelled by new growth from the participation of more private carriers and improved infrastructure.

Conference discusses measures to create breakthrough in economic growth

Capitalising on the advantages and opportunities brought by economic integration to achieve a breakthrough in economic development and promote the business...

Google announces Cloud Platform support program for Vietnamese startups

Google announced Google Cloud Platform for Startups, a special supporting program for startups based in Vietnam, at a conference in Ho Chi Minh City that attracted...

January-February budget revenue rises 18.2 per cent

State budget revenue in the first two months of this year totalled nearly VND246.5 trillion (US$10.6 billion), representing a rise of 18.2 per cent over the same...


MOST READ


Back To Top