DisneyLand is coming to Laos

Compare hotel prices and find the best deal - www.hotelscombined.com

Disneyland Laos 3

Laos-ASEAN International Trade Company has injected over US$500 million in building the biggest tourist complex of ASEAN in Nongpene area, Hadxayfong District, Vientiane Capital, according to Lao News Agency.

Disneyland Laos 2

Watch out Thailand, your about to miss out on some big tourism business…..

“The construction aims to ensure the integration into ASEAN Economic Community by 2015, and it is expected to draw a large sum of revenues to the country in the future,” General Director of Laos-ASEAN International Trade Company Thanakit Souvannavong said at a religious ceremony before starting the construction on Thursday.

Disneyland Laos

“Nongpene construction project to be implemented on 150 ha will be developed as the biggest tourist site of ASEAN in Laos.

The project will build a five-star hotel, a golf court, a man-made lake, an international shopping centre, a Disneyland Park, ASEAN style houses, an entertainment place and a tourist complex, which is expected to complete in 2020.

The project will commence constructing next month, which will build a Disneyland park, man-made lake, an ASEAN development centre, an international shopping centre and a 73-ha golf court.”

*****
For the Best ‪#‎Hotels‬ and ‪#‎Resorts‬‬
We help you with your ‪#‎Bookings‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬

CLICK HERE FOR YOUR BOOKING

ASIAN-BESTHOTELS
BANGKOK-BESTHOTELS
EUROPEAN-BESTHOTELS
HOLLAND-BESTHOTELS
VIP-BESTHOTELS
PLANET-ASIAN
GERRIT-TIENKAMP
TRIPADVISOR‬‬‬‬‬‬‬‬

FOLLOW US ON TWITTER


Web Hosting

Vietnam economy grows at highest rate in five years

Compare hotel prices and find the best deal - www.hotelscombined.com

Vietnam Supermarket.jpg

#HANOI – Vietnam’s economy in 2015 grew at its fastest pace in five years, official figures showed Saturday, shaking off regional economic worries with strong exports, record foreign investment and buoyant domestic consumption.

The communist nation recorded a GDP growth rate of 6.68 percent, easily surpassing the government’s 6.2 percent target with a figure that looks set to be one of Southeast Asia’s strongest showings for the year.

“This growth rate is very important for the Vietnamese economy in the coming years in the context of falling world oil prices and instabilities in the international financial markets,” Nguyen Bich Lam, director of the General Statistics Office, told reporters in Hanoi.

Many Asian economies have been rattled by troubles in China, where the world’s second largest economy has suffered with its worst annual growth rates in a quarter of a century.

While regional neighbors like Thailand have suffered, Vietnam has proved resistant to the slowdown of its giant northern neighbor, partly through state intervention.

The State Bank of Vietnam weakened the dong three times this year to spur exports after China depreciated the yuan, dragging exchange rates lower across Asia.

Exports rose 8.1 percent in the 12 months through December while imports climbed 12 percent.

Much of the growth has been fueled by a flurry of international interest with disbursed foreign investment surging 17.4 percent compared to last year with a record-high of $14.5 billion.

The strong showing is a significant jump on the last two years.

In 2014 Vietnam’s GDP growth was just under six percent, while that of 2013 was only 5.42 percent.

Senior economist Le Dang Doanh told AFP that strong industrial growth also helped boost the economy as well as “lower oil prices in the world market which has greatly reduced the cost of imported raw materials for Vietnam”.

On Wednesday, Vietnam released data showing an annual inflation rate of just 0.63 percent in 2015, the lowest in 14 years.

Vietnam is now party to the recently sealed Trans-Pacific Partnership, the world’s largest free trade deal between 12 nations, including the US and Japan.

As the poorest of the TPP nations, the pact is something of a coup for the country’s Communist rulers, who will meet in January for a major gathering of senior officials to chose new leaders and decide the country’s five-year economic plan.

In a report earlier this month the World Bank said the TPP deal could add “as much as eight percent to Vietnam’s GDP… over the next 20 years” if it goes ahead.

But many analysts still say Vietnam’s economic progress is vulnerable due to high public debts, inefficient operation of huge state-owned enterprises and rampant official corruption.

For decades, the country suffered from runaway inflation — with triple digit increases in the 1980s and rates as high as 28.3 percent as recently as August 2008.

Source: The Nation

*****
For the Best ‪#‎Hotels‬ and ‪#‎Resorts‬‬
We help you with your ‪#‎Bookings‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬

CLICK HERE FOR YOUR BOOKING

ASIAN-BESTHOTELS
BANGKOK-BESTHOTELS
EUROPEAN-BESTHOTELS
HOLLAND-BESTHOTELS
VIP-BESTHOTELS
PLANET-ASIAN
GERRIT-TIENKAMP
TRIPADVISOR‬‬‬‬‬‬‬‬

FOLLOW US ON TWITTER

Web Hosting

Economic problems issue of highest concern – Thailand Poll

Compare hotel prices and find the best deal - www.hotelscombined.com

Economic problems issue of highest concern – Thailand Poll.

Thailand Economy

Economic problems are on top of the 10 issues of high concern of the Thai people, according the result of a Suan Dusit Poll.

The poll was carried out on 1,324 people throughout the country between Dec 1 and 5 to ask what they are most concerned about in the present situation.

The highest number of respondents:
84.29%, pointed to economic problems;
81.27% mentioned political instability;
79.15% terrorism and crimes of all forms;
75.23% corruption;
70.69% lack of unity among people in the country;
62.54% education;
61.63% drugs and influential persons;
57.70% farmers and their living conditions;
54.38% religion, culture, traditions and morality;
51.36% natural resources and environment.

Source: BangkokPost

Proposed Railway Lines in #Thailand

Railway Thailand

Plans are being put into place to form a railway line spanning 840 Kilometers between China and Thailand allowing commuters/passengers to travel from Kunming to Bangkok, the line is to run through Laos. The project however has been downgraded to a medium speed line in order to save costs and has a predicted completion time of 3 years and is expected to bring in 2 million Chinese tourist to Thailand each year. Also in order to help tourism a new rail link has been proposed linking Trang with Satun and Phuket Provinces.

Romantic Route

Mr Pheerapol said a separate feasibility study is also underway for a proposed “romantic route” linking Ranong, Phangnga, Phuket, Krabi and Trang by road, which targets key popular destinations for couples. He said his office would work with the Rural Roads Department, the Highways Department and the State Railway of Thailand on the projects.

The rail link will have dual benefits helping local economy as well as targeting tourists as the line would pass through seaside and marine tourist attractions. The plan is to sped up the Trang-Phuket rail line study thus enabling cheaper transport of goods by freight train.

Mr Pheerapol said the “romantic route” project had the potential to pull in couples from Germany, Austria and Switzerland. Agencies are focusing on proposals to build a light railway from Phangnga’s Tha Noon district to Phuket’s Tha Chalong intersection, via Phuket International Airport, he said.

By the end of the year, details of the project will be finalized and sent to the Office of the Commission for the Management of Land Traffic, he said.

Compare hotel prices and find the best deal - www.hotelscombined.com

For the Best ‪#‎Hotels‬ and ‪#‎Resorts‬‬
We help you with your ‪#‎Bookings‬‬‬‬‬‬‬‬‬‬‬
BOOK NOW SIMPLE CLICK ON THIS LINK ON OR THE BANNER
http://gerrit-tienkamp.blogspot.com/
http://planet-asian.blogspot.com/
https://asiabesthotels.wordpress.com/
https://europeanbesthotels.wordpress.com/
http://www.tripadvisor.com/members/Gerrit_Tienkamp‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬‬