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Along with representatives of 35 Greek companies
Greek president visits Vietnam for first time
Tuesday, October 14, 2008
Greek President Karolos Papoulias met with Vietnamese President Nguyen Minh Triet last Monday at the start of a six-day visit to the south-east Asian state. Papoulias is the first Greek president to visit Vietnam since the two countries established bilateral ties in 1975.

"Greece in very interested in promoting relations between our two countries, and proof of this is that just as we promised, we have opened a Greek embassy in your country," said Papoulias.

Greece opened its embassy in Hanoi in March 2007. Vietnam has no embassy in Athens, but has declared its intention to open one.

Triet recalled his warm impressions of visiting the Acropolis during a state visit to Greece in June.

Papoulias is accompanied by representatives of 35 Greek companies hoping to broaden the two countries' business ties in areas like shipbuilding and tourism.

Trade between Greece and Vietnam amounted to 89 million dollars in 2007, a figure topped already in the first eight months of this year.
Vicky Karantzavelou - Tuesday, October 14, 2008
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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