Showing posts with label london. Show all posts
Showing posts with label london. Show all posts

Thursday, July 5, 2012

Vietnam coffee premium shrinks as London futures prices advance  | Look At Vietnam

Vietnam coffee premium shrinks as London futures prices advance 

July 5, 2012
 
Buyers of coffee from Vietnam, the world’s biggest grower of the robusta variety, are paying a smaller premium for their beans after futures prices in London climbed, according to trading company NC Group Ltd.
Vietnamese coffee for immediate shipment was at a premium of $5 to $10 a metric ton to the price of the September contract on the NYSE Liffe exchange in London, the trader said in a report e-mailed on Wednesday. That compares with $20 a ton on July 2. Robusta coffee for September delivery advanced 2.7 percent over the past week in London.
The “differential level eased back $10 to $15 due to the recent increase in the terminal price,” Nguyen Chi Cuong, chief executive officer at the company, which has a trading office in Ho Chi Minh City, Vietnam, wrote in the report.
Differentials refer to a premium or discount to obtain physical coffee in relation to the futures price.
Robusta futures climbed as arabica coffee advanced on speculation rains that are delaying the harvest in Brazil, the world’s biggest coffee producer, will damage the beans, lowering their quality. Arabica coffee rose 8.9 percent in the past week on ICE Futures US in New York.
“London coffee has almost become a forgotten uncle over the last few sessions as New York takes all the glory,” London- based futures and options broker Sucden Financial Ltd. said in a daily report e-mailed on Tuesday. “Gradually, robusta prices improved, almost reluctantly in New York’s shadow.”
Arabica coffee is grown mainly in Latin America and is favored for specialty drinks such as those made by Starbucks Corp. Robusta beans, harvested mainly in Asia and parts of Africa, are used for instant drinks and espresso.
NC Group was established in 2004 and trades natural rubber and coffee. The company sells 80,000 to 150,000 bags of coffee a year. Cuong was previously a coffee trader in Vietnam with Noble Group Ltd.

Thursday, May 3, 2012

Headed for Heathrow?

Headed for Heathrow? What you should know

If you are traveling to London this summer for the Olympics or any other reason, you should be aware of how reported chaos and long passenger waits are beginning to damage Britain’s reputation for what has been a long-awaited event.
But that does not mean there is nothing you can do but wait  --  up to three hours in some cases, according to various reports.
"Passengers have complained of frustrating delays…because of lengthy passport and visa checks and an apparent lack of border staff," writes the AP.
Lines could get even worse next week if immigration workers carry out their threatened strike.
London’s Mayor Boris Johnson has warned that passenger delays could hurt the country’s reputation and impair its image on the eve of an event expected to enhance its reputation as a popular destination.
Heathrow typically handles an average of 190,000 arriving and departing passengers each day, but it has been trying to be braced for a major influx during the July 27-August 12 Olympics.
Airport and other officials have long been preparing for the Olympics and their strategies to cope continue amidst the various complaints.
UK Immigration boss Brian Moore told the BBC "the vast majority of passengers pass through immigration control quickly."That’s a claim "that'll be greeted with howls of laughter from anyone who's been stuck in Heathrow's queues for hours on end," writes the Australian Business Traveler.
Johnson said that about 80 per cent of visitors and participants arriving for the Olympics will use Heathrow, which "places short term additional pressures on the system."
Some officials initially blamed the weather for the delays.
Telegraph readers objected strenuously.
"The idea that these delays can be blamed on the weather should be treated with utter derision," wrote one reader.
Way back in January, Yahoo suggested it might be wise to avoid London Heathrow all summer. And they offered some alternatives.
One strategy is to avoid the busiest day to leave London, which is Aug. 13, according to the airport. That’s because Heathrow is expected to see its busiest day as thousands of athletes, entourages and spectators leave London
Other critical dates will include July 16, the peak day for the arrival of athletes, July 26, the day before the opening ceremony and the peak day for the arrival of sponsors and the media. The site also named August 22 and 28, when similar problems will be faced for the Paralympic Games.
They also recommended Amsterdam's airport Schiphol as a modern, friendly alternative that offers excellent rail and air connections across Europe. "Germany's Frankfurt airport is another fantastically efficient choice," the site said.
Two airport alternatives in London are Gatwick and London City, although both are also likely to see increased traffic for the Games.
Still another alternative is Eurostar, the high-speed rail service which connects Paris and Brussels with London via the Channel Tunnel. It also will be operating extra trains during the Olympic period
Consider getting to London via KLM through Amsterdam, Lufthansa via Munich or Frankfurt, Finnair via Helsinki, Brussels Airlines via Brussels, SAS' Scandinavian hubs or even Air France via Paris, suggested the Australian Business Traveler.
Some Asian and Middle East airlines also fly directly from their own hubs to UK regional airports. Emirates has flights to several UK cities, for example.
Finally, the site recommends that visitors consider contacting your airline -- even if your ticket carries change penalties -- and see whether there's extra flexibility because of the circumstances.
By David Wilkening

Tuesday, September 13, 2011

Time to fly to Vietnam

Airlines discount fares for int’l routes

September 13, 2011  about News, Travel
A number of local and foreign airlines have announced to discount fares for their flights between Vietnam and other destinations in a move to beef up bookings after the summer holiday.
Qatar Airways has launched a three-day campaign for guests to save up to 25% on Economy-class return fares and up to 15% on Business-class two-way fares across the carrier’s worldwide network from Vietnam.
The discount fares, available at www.qatarairways.com or through its travel agency partners, enable customers to secure savings based on return fares and include taxes, and book their travel period until March 31 next year.
Qatar Airways now operates daily service from HCMC and four weekly flights from Hanoi, and connect the two destinations to the airline’s more than 100 destinations worldwide via its hub in Doha.
To attract passengers to its service to London in December, Vietnam Airlines offers return fares for VND12.5 million (some US$599) for bookings from September 15 to October 15 and for travel before December 31. The rate includes airport taxes and surcharges.
The national flagship said it would commence flights from Hanoi and HCMC to Gatwick Airport in London on December 8, using the Boeing B777. London will be the Sky-team member airline’s fourth destination in Europe after Paris, Frankfurt and Moscow.
On Friday, AirAsia will start to offer 20% off for all seats to all international and domestic destinations, with booking period valid until September 11 and travel period from September 12 till November 16, 2011. This promotion will be available at www.airasia.com.
AirAsia currently conducts flights from Tan Son Nhat and Noi Bai international airports to Malaysia’s Kuala Lumpur. Its member carriers, Thai AirAsia and Indonesia AirAsia, have flights from Bangkok and Jakarta to the two airports of Vietnam and vice versa.
AirAsia applies the promotion to its service links in its hubs in Malaysia, Thailand and Indonesia with over 160 routes stretching to more than 20 countries and territories.
SGT

Thursday, April 21, 2011

Vietnam Airlines to launch directs flts to London

Vietnam
Airlines plans to launch direct flights to the United Kingdom by the end of this
year, president and CEO Pham Ngoc Minh said.



Minh
made the announcement at a workshop in the British capital on Tuesday entitled
London – the prospective destination of Vietnam Airlines”.

Minh
said relations between Viet Nam and Britain had flourished over the last few
years, and that London, a global aviation hub, was of strategic interest to the
Vietnamese flag carrier.

About
90,000 passengers flew between the UK and Viet Nam last year, an increase of 28
per cent against 2009.

There
are about 40,000 Vietnamese people living and working in Britain, and 7,000
students studying in the country.

“There
is great potential for the air travel market between our two countries that
warrant direct links,” he said. “We came up with the initial assumption that we
could start launching flights by the end of this year [from Ha Noi and HCM City
to airports in London].”

Vu Quang
Minh, the Vietnamese ambassador to Britain, said Vietnam Airlines’ decision to
launch direct flights between the two countries had the “strong political
support of both governments” and was a goal of the Joint Declaration to
establish a strategic partnership between the two countries in September 2010.
He quoted the document as saying: “Both sides welcome and support Vietnam
Airlines’ intention to begin direct flights between the UK and Viet Nam, which
will have a favourable effect on trade, investment, as well as tourism and
education co-operation”.

Rob
Lally, deputy director of the UK Trade and Investment in Asia organisation, said
an increasing number of British investors were looking to do business in Viet
Nam. “All we want to do is help improve the business network and direct flights
will help,” he said, adding that he hoped Viet Nam would become a tourism hub
for holidaymakers wishing to travel to Laos, Myanmar and Cambodia.

A number
of British business people, including those in the travel industry, attended the
workshop.

Paul
Smith from Harvey Nash Outsourcing Company said he expected the Vietnamese
economy to grow significantly over the next five years and that direct flights
would be “a return investment”.

Vietnam
Airlines plans to use B777-200ER for direct services to London. Initially, there
will be four flights a week, rising to seven by 2014. Last year, the airline
carried 12.3 million passengers and earned a revenue of US$1.9 billion.

VietNamNet/Viet
Nam News

Sunday, June 20, 2010

World's Best Tourist Attractions -

The Acropolis. The Eiffel Tower. The Great Wall of China. Sometimes, following the well-worn path really is the best way to appreciate a destination. Sure, we roused your ire with our recent coverage of the World's Worst Tourist Traps, but we also know there are some sights you just can't miss. You may still end up waiting in long lines, but there's a reason why the best tourist attractions are worth the wait.


Acropolis, Athens, Greece
The view of Athens from atop the Acropolis, a UNESCO World Heritage site, makes a visit worthwhile; and seeing the Parthenon up close is a much different experience than seeing it in a photo. The €12 admission fee (about $15 U.S.; check XE.com for current exchange rates) grants you access to several attractions, including the Acropolis of Athens, the north and south slopes of the Acropolis, the Ancient Agora of Athens, and more.
Colosseum, Rome, Italy
As one of the most visited sites in Italy, it's no surprise your first encounter with the Colosseum (site in Italian) will involve greetings from trinket peddlers, followed by long lines and a hefty ticket price—€12, with a €3 surcharge during exhibitions (about $15 and $4 U.S., respectively). However, once you enter its walls, it's easy to imagine yourself back in 79AD, amongst crowds of up to 50,000 people cheering on gladiators—a feeling even a Russell Crowe movie can't recreate.
Eiffel Tower, Paris, France
Tchotchke sellers, long waits in ticket lines, and flashy lights that go off on the hour are all major turnoffs, but the Eiffel Tower still manages to hold all the romantic charm you'd expect. When Gustave Eiffel began construction for the 1889 World's Fair, Parisians saw it as an eyesore. Now this iconic 300-meter iron structure is synonymous with the City of Light. Taking the 1,665 stairs is cheaper (€4.50, or about $5.50 U.S.), but if you expect to get to the top you'll have wasted a lot of energy. The views are spectacular from any part of the structure, but if you've traveled all the way to Paris, you'll likely want to wait a few extra minutes in line, and spend a bit more money (an elevator ride to the top costs €13, or $16 U.S.) to take in the expansive views from the very top.
Forbidden City, Beijing, China
Constructed in the 1400s, the Forbidden City is a literal tourist trap, surrounded by 10-meter high walls and a 52-meter wide moat. It lies in the center of Beijing, north of Tiananmen Square, and now houses the Palace Museum, which has around one million objects. Expect to pay between 40 and 60 yuan (about $6 to 9 U.S.), depending on the time of year. Around eight million tourists visit the halls, gardens, and pavilions that were once home to 24 Ming and Qing emperors. With that many visitors, the grounds are easily packed, and there's even a Starbucks, creating an unfortunate juxtaposition between the past and present. Nonetheless, the 72-hectare complex is worth a visit to see the largest ancient palatial structure in the world, and there are several different routes you can take, depending on what you want to see and how much time you have to spend.
Great Wall of China, Jiayuguan to Shanhaiguan, China
It's impossible to appreciate the magnitude of the Great Wall of China without actually seeing it in person. Most tour groups head to the portion of the wall closest to Beijing, the Badaling section, as it is the most well-preserved, but there are numerous places along the approximately 5,500 mile wall where crowds are much thinner. Access to the wall varies, depending on where you visit, but you can expect to pay around 40 to 50 yuan (about $6 to 7 U.S.), or a bit more for extras such as cable car rides and crossing bridges. More suited for serious hikers, the Jiankou section has no admission fee, no one trying to pawn off goods, and is open 24 hours. Locals charge around 5 yuan for parking. Portions of the wall are in disrepair, but the Mutianyu section offers 22 watchtowers, and is the longest fully-restored portion of the wall open to tourists. It features easy walking conditions and fewer crowds. If you're up for more of a challenge, you can hike the seven-and-a-half-mile portion between Jinshanling and Simatai, or run a marathon.
Machu Picchu, near Aguas Calientes, Peru
There are several ways to visit Machu Picchu, and you don't necessarily have to get into shape to do it, but a four-day trek on the Inca Trail may be the most rewarding. If you don't want to exert yourself quite as much on vacation, a train runs from Cuzco to Aguas Calientes for about $98 round-trip. From there, buses make the remaining eight-kilometer hike up the mountain. The bus costs around $14 round-trip and takes about 30 minutes. The 20-minute walk from Aguas Calientes to Puente Ruinas is the alternative, followed by another hour march up the remaining two kilometers to Machu Picchu. The cost to visit the site is almost as steep as the climb (S/128, about $45 U.S.), but is worth it if you take the time to walk around and explore.
Bourbon Street, New Orleans, Louisiana
No trip to New Orleans would be complete without a stroll down famed Bourbon Street (and maybe a pint of beer or two). If you stick to people watching, you may escape with your wallet intact. However, chances are the bars and souvenir shops lining the street will be next to impossible to avoid, and you'll find yourself lured into one, or several, of these establishments, if only out of curiosity. Stick to bars that aren't frat houses, such as Preservation Hall just off Bourbon Street, which often has live jazz music; or Lafitte's Blacksmith Shop Bar, which is said to be the oldest structure used as a bar in the country.
Pyramids of Giza, Giza, Egypt
There are more than 100 known pyramids in Egypt, but Giza is home to some of the largest, including the famous Great Pyramid of Giza, or Pyramid of Khufu. Unfortunately, modern developments (including fast-food chains), have crept up on the site, and tour buses unload thousands of visitors each year. Still, the fact that a formation completed around 2550BC with around 2.3 million blocks of stone is still standing is an impressive testament to the ingenuity of the Egyptians, and a feat to behold in person. The cost to enter the Great Pyramid is E£100 (about $18 U.S., extra fees may apply for photography), and tickets are limited to 300 visitors daily. At nearby Khafre's Pyramid, entrance costs E£35 (about $6 U.S.). Smaller pyramids lie to the east of the Great Pyramid and are free to visitors. If you throw in a visit to the Great Sphinx of Giza (E£20), the fees start to add up, but the price is worth a peek thousands of years into the past.
The Acropolis. The Eiffel Tower. The Great Wall of China. Sometimes, following the well-worn path really is the best way to appreciate a destination. Sure, we roused your ire with our recent coverage of the World's Worst Tourist Traps, but we also know there are some sights you just can't miss. You may still end up waiting in long lines, but there's a reason why the best tourist attractions are worth the wait.

Taj Mahal, Agra, India Built out of love by Mughal Emperor Shah Jahan for his wife, the Taj Mahal is visited by millions each year. However, with an area covering several acres, there's more than enough room to avoid the crowds. Materials for the creation of the mausoleum were brought from all over India and central Asia, including rare, semi-precious, and precious stones used in the inlay work. The 500 rupee toll tax, plus 250 rupee entry fee (about $11 and $5.50 U.S., respectively) won't buy you any of these jewels, but will cover admission to Fatehpur Sikri, as well as several other monuments in and around Agra. There are special night viewing tours (750 rupees for half an hour admittance; must be purchased 24 hours in advance) five nights per month including the night of a full moon and the two days before and after, with the exception of Fridays and month of Ramadan. Viewing the Taj at night is a great way to escape the often unbearable daytime heat, and the way the moon lights up the white marble will have you wondering why you ever doubted visiting.
Tower of London, London, United Kingdom
Since other major attractions in London are free (British Museum, National Gallery, Tate, etc.), it's worth spending the money on a visit to the Tower of London. You can spend hours roaming the grounds and buildings that make up the complex, so it's best to arrive early to avoid the crowds that are sure to arrive later in the day. Hit the crown jewels first, so when you want a second look across the moving walkway you can take one without having to wait in a long line. Be on the lookout for stone graffiti, carved in the walls by prisoners held in the tower. Booking tickets online results in a slight discount (£1, or about $1.50 U.S off admission), otherwise expect to pay £17 (about $25 U.S.). Take advantage of what your ticket includes, and make time for a Yeoman Warder guided tour and talk. Have questions? Ask a Yeoman Warder or the Jewel House or White Tower wardens. Visitors looking to see the four other historic royal palaces (Hampton Court, Banqueting House, Kensington Palace, and Kew Palace) can purchase a ticket for unlimited entry to all for £41 (about $61 U.S.).

Built out of love by Mughal Emperor Shah Jahan for his wife, the Taj Mahal is visited by millions each year. However, with an area covering several acres, there's more than enough room to avoid the crowds. Materials for the creation of the mausoleum were brought from all over India and central Asia, including rare, semi-precious, and precious stones used in the inlay work. The 500 rupee toll tax, plus 250 rupee entry fee (about $11 and $5.50 U.S., respectively) won't buy you any of these jewels, but will cover admission to Fatehpur Sikri, as well as several other monuments in and around Agra. There are special night viewing tours (750 rupees for half an hour admittance; must be purchased 24 hours in advance) five nights per month including the night of a full moon and the two days before and after, with the exception of Fridays and month of Ramadan. Viewing the Taj at night is a great way to escape the often unbearable daytime heat, and the way the moon lights up the white marble will have you wondering why you ever doubted visiting.

Tuesday, January 12, 2010

Top 50 destinations for US and Canadians include NYC-12 January, 2010

Travel search site Skyscanner (www.Skyscanner.com) says the Top 50 most searched for destinations from Canadian and the US airports include London, New York City, Paris and Dublin, all of which were among the top seven spots.


London was unanimous at No. 1.


“With two monumental world events in the same year - the 2010 Winter Olympics in February and the World Cup in June - Vancouver and Johannesburg (South Africa) have turned up on both lists, with Canada's also including Cape Town,” says PRNewswire.


Travelers from both countries are also interested in Poland, though Canadians prefer the current capital, Warsaw, while Americans want to see the former capital, Krakow.


Americans continue to be intent on getting some Caribbean sun, with even Havana sneaking into the 49th place on the US chart.


“It seems that American tourists are eagerly waiting for the border to open up again, and the sooner the better, especially with many growing tired of the extreme winter temps by now.

"Canadians are clearly enjoying the island already, with the Cuban cultural center showing up in the 27th position for them,” the site says.


Top 10 Most Searched for destinations for 2010, from US airports:

1. London, UK
2. New York City
3. Las Vegas, NV
4. Paris, France
5. Dublin, Ireland
6. Los Angeles, CA
7. Orlando, FL
8. Rome, Italy
9. Madrid, Spain
10. Miami, FL

Saturday, September 19, 2009

Cyclist makes it around the world in record 175 days

Cyclist makes it around the world in record 175 days - World - NZ Herald News: "LONDON - A British man has become the fastest person ever to cycle around the world, pedalling past the finish line in London's Hyde Park less than six months after he set off.

Sporting a shaggy red beard and a suntan, an exhausted James Bowthorpe was greeted by cheers from friends and family yesterday after an epic, 18,000-mile circumnavigation that has taken him through 20 countries in 175 days.

'I'm a bit tired,' said Mr Bowthorpe, 31, whose journey was sponsored by The Independent. 'It's been a long six months and I'm just finally relieved to be here - and glad that the world isn't any bigger because I couldn't have done it.'

Facing an attempted kidnapping in Iran, a bruising encounter with a wombat in Australia and a severe case of 'Delhi belly' in India that saw him lose a fifth of his body weight, Bowthorpe has clocked up an average of more than 100 miles a day, sometimes cycling twice that distance in his effort to bag the biggest prize in endurance cycling.

The cabinet maker from Balham in south London has taken 19 days off the record set last year by the Scottish cyclist Mark Beaumont. Speaking from Mexico, where he is taking on a new challenge, Beaumont called Mr Bowthorpe's achievement"

Thursday, August 27, 2009

Want the world's best wages?

Employees in Zurich and Geneva have the highest net wages in the world, a study by banking group UBS shows, while those in Mumbai take home the lowest.
The Swiss cities were also ranked among the top five most expensive in the world in the bank's 2009 "Price and Earnings" international study.
"With its extremely high gross wages and comparatively low tax rates, Switzerland is a very employee-friendly country," the Swiss bank said in a statement.
"No other cities allow workers to take home more income at the end of the month than Zurich and Geneva."
The study, published every three years, compares the income and purchasing power of employees in 73 cities across the globe, highlighting wide discrepancies in wages between different regions, and even within the same country.
The biggest gaps were found in Asia, the study said, with Tokyo ranking as one of the world's five costliest cities while the capitals of developing countries such as Malaysia, the Philippines and India were all at the bottom of the price range.
Oslo was this year's most expensive city, based on a standardised basket of 122 goods and services, followed by Zurich, Copenhagen, Geneva, Tokyo and New York.
When rents are factored in, however, New York rises to the top spot, the study said.
This year, the bank said currency fluctuations caused by the global economic crisis affected the rankings of several cities, most notably London, which was the second most expensive city in 2006, but which fell nearly 20 places following the pound's drop earlier this year.
The analysis involved more than 30,000 data points, collected by several independent observers in each city, in March and April, the bank said. All amounts were converted into a single currency before being compared.

Monday, March 16, 2009

Hundreds strip for free flights

Hundreds strip for free flights

LONDON - About 400 people have stripped off in London in order to win free flights in a stunt organised by Irish carrier Aer Lingus.

The airline had promised two free flights to people willing to strip off at Jubilee Gardens, in the shadow of the London Eye. The participants were given `shamrocks' to protect their modesty.

The airline had hoped to attract 1000 people for the strip-off, but Metropolitan Police told The Daily Telegraph that less than half that number had turned out, despite the unseasonably warm weather.

A spokesman for the airline said some participants had stripped off completely, despite warnings from the police that they would be fined for doing so.

The airline's stunt was to promote new routes from Gatwick Airport to Europe, tying in with it's "no hidden extras" tagline.