Domestic airlines estimate that demand for travel and tourism will grow at a rapid pace this summer, even higher than before the Covid-19 epidemic. Therefore, they have prepared to increase the tax. Only three airlines Vietnam Airlines, Pacific Airlines and VASCO are willing to provide more than 7.1 million seats during the peak season from June 1 to August 15, a 10% increase from the same period last year. According to information from these airlines, Vietnam Airlines, Pacific Airlines and VASCO will offer nearly 6.3 million seats on domestic routes, equivalent to more than 32,400 flights, an increase of 10%…
Author: Kevin Le
The 197 years it took Vietnam to overtake Singapore, given at the time, couldn’t help but surprise many people. Speaking to Mr. IL Houng Lee, the reporter quoted some researchers’ prediction: Vietnam’s per capita income was more than USD 600 in 2005 (according to the IMF it was only USD 552). Some Vietnamese researchers hypothesize that: if the richer countries in ASEAN stop developing it will take Vietnam about 5 years to catch up with Indonesia and the Philippines, 20 years with Thailand, 24 years with Malaysia, 38 years with Brunei and 40 years with Singapore. Mr IL Houng Lee…
The government has just submitted a pre-feasibility study report to the National Assembly for the Chau Doc – Can Tho – Soc Trang highway construction project, Phase 1. According to the government report, the transport infrastructure system in general and the Mekong River Delta region in particular has not yet met the requirements of economic development, cannot guarantee synchronization and efficiency, and the regional socio-economic development potential has not been fully exploited. The preliminary total investment of Chau Doc – Can Tho – Soc Trang Phase 1 is approximately VND 44,691 billion With the advantage of large capacity, high speed,…
Recently, Mobile World Investment Joint Stock Company held an investor meeting to summarize the first quarter of 2022. During the meeting, Chairman Nguyen Duc Tai shared how Bach Hoa Xanh manages the delivery segment and his view on the Vietnamese logistics industry. According to mr. Tai you need reliability and a fast delivery time when purchasing online. If a housewife runs out of cooking oil and orders it online, she cannot wait 3 days for delivery. † We realize that this industry is very different from buying a dress, a pair of shoes. Those things can wait 3 days, when…
Thailand will become a favorite destination of Vietnamese tourists in May, when it completely removes isolation regulations, Covid-19 test results… From May 1, visitors can easily enter Thailand to travel without worrying about the strict procedures as before. Travelers only need to present their vaccination confirmation and insurance confirmation when they apply online at the Thailand Pass website. Thailand has halved its health insurance requirement, from $20,000 (about VND 460 million) to $10,000 (about VND 230 million). The review process is considered the biggest remaining obstacle for visitors. Travelers are therefore advised to register online at least 3-7 days before…
Right now, one of the hardest items to find on supermarket shelves is one of the most important: baby food. Due to shortages, families across the country are scribbling on each other. The most vulnerable are hit hardest when there is a shortage of supply. What is happening? According to data firm Datasembly, the shortage of US milk powder reserves in the first half of 2021 is only about 2-8%. By April 2022, that number had skyrocketed to 31%. At the beginning of May, 43% of baby food in US stores was out of stock, a doubling from the first…
Although its GDP is only 1/2 and its GDP per capita is 1/3 that of Thailand, it is estimated that Vietnam could surpass this country in the near future. At the conference to discuss strategies to optimize investment opportunities in Vietnam after the pandemic with the theme “Vietnam – a rising star”, according to Mr. CK Tong, general manager of BW Industrial Development JSC, the Vietnamese economy Thailand, Indonesia and the Philippines in the coming years. In terms of the size of the economy, Thailand will be the second largest economy in Southeast Asia after Indonesia by 2021, and ranked…
On Wednesday, June 1, Scandinavian companies, diplomats and business leaders will gather in Ho Chi Minh City for a major conference to promote inclusive and sustainable business in Vietnam. With a keynote from the world famous Danish toy company Lego and speeches from the ambassadors of Sweden and Norway, the third annual ‘Work the Nordic way’ conference also gives Vietnamese job seekers the chance to meet major Scandinavian companies through an afternoon of workshops, panel sessions and networking. Organized by the Nordic Chamber of Commerce (NordCham) and four Vietnamese-Nordic alumni associations, the event will take place at the Intercontinental Saigon…
As a small island located in 388 islands of the Cat Ba archipelago, Hai Phong, Tu Do Island (also known as “Freedom Island” by foreign tourists) is probably a unique island in Vietnam. There are two sea sides that few people know about. Located in Lan Ha Bay, Tu Do Island is arguably considered the most unique landscape here. Famous Sri Lankan travel blogger Shenelle Rodrigo used to check in on Freedom Island with the line that shared her great feelings: “I can only say two words “perfect”. This is a “born” place for swimming, plus you can kayak to…
Speaking at the “Digital Media Promotes Economic Recovery” seminar hosted by the Center for Digital Content Development and Production (VTVDigital), Mr. Le Quoc Minh, Editor-in-Chief of Nhan Dan Newspaper: Fake news will keep getting bigger and bigger in scale. “Fake news today is made by specific people, but in the future it will be made in huge quantities by artificial intelligence (AI), hundreds, thousands of times more than today.” When such a large amount of fake news spreads on social networks, it will spread quickly. Even responsible people, including some news agencies, also falsely publish fake news. This could happen…