The Civil Aviation Authority of Vietnam (CAAV) has proposed the Ministry of Transport permit airlines to resume domestic air routes as normal from December if the COVID-19 pandemic is controlled well nationwide. More stories at Vietnam Insider’ s homepage. The CAAV has submitted a draft plan on the operation of domestic flights between October 21 and November 30 after 10 days of the trial reopening of domestic air routes. It suggested that the flight frequency on the routes of Hanoi – Da Nang, Hanoi – Ho Chi Minh City, and Da Nang – HCM City for each airline should not…
Author: Kevin Le
People in the central province of Quảng Ngãi being tested for COVID-19. VNA/VNS Photo Sỹ Thắng HÀ NỘI — The Ministry of Health announced 3,034 new COVID-19 cases on Tuesday, bringing the country’s tally to 870,255. A total of 1,866 COVID-19 patients were given the all-clear, meaning the total number of recoveries from COVID-19 in Việt Nam is now 794,846. A further 75 deaths were also announced on Tuesday – the same as that of the previous day, including 47 in HCM City, 11 in Bình Dương Province, five in Đồng Nai, three in Tiền…
Some FDI companies talked about shifting manufacturing out of Covid-crushed Vietnam in September. This month, a Turkish enterprise is proud of its investment in Vietnam. Hayat’s plant in Binh Phuoc province “Vietnam is still an attractive destination to invest in and to support our regional expansion. We position Vietnam as a regional production hub for Southeast Asia.” says Mr. Cetin Murat – General Manager of Hayat Vietnam. Hayat – a Turkish FMCG company – officially announces today the launch of its diaper brand Molfix in Vietnam. The launch is carried by the 250 million USD investment into the country announced…
Investment during the COVID-19 pandemic has proved challenging for investors worldwide, although hopes for the Vietnamese economy are growing as the local market outperformed other international peers thanks to its GDP growth amid COVID-19 last year, according to the Bangkok Post. More stories at Vietnam Insider’s homepage. Whilst the impact of the pandemic has dampened the high growth seen at the start of the year and GDP growth in the first nine months is less than the market forecast of 1.4%, Maetha Peeravud, assistant vice president of Fund Management Group, BBL Asset Management, believes the local economy has passed its…
Passengers in HCM City, Bà Rịa- Vũng Tàu, Bình Dương,and Tiền Giang provinces can travel on water bus after four months of hiatus due to COVID-19. —Photo tuoitre.vn HCM CITY — The HCM City Department of Transport has proposed reopening a high-speed boat and water-bus route that connects the city with Bà Rịa- Vũng Tàu, Bình Duơng and Tiền Giang provinces from October 20. The services will connect to beach destinations in Vũng Tàu and Cần Giờ. The HCM City public river bus route No.1 between Bạch Đằng Wharf in District 1 and Linh Đông Wharf in Thủ Đức City has restarted after more than…
According to the State Bank of Vietnam, as of October 7, the banking sector’s credit expanded 7.42 per cent, higher than in the same period last year (5.48 per cent), but remained level compared to late August 2021. The central bank expects credit to resume strong growth in October and in Q4 this year to reach 12 per cent for the whole year. Saigon-Hanoi Commercial Joint Stock Bank (SHB) counted VND5.055 trillion ($219.8 million) in profit, reaching 82.5 per cent of its 2021 target of VND6.128 trillion ($266.43 million) in the first nine months of 2021. With this, SHB reported…
As the country starts to emerge from lockdown, the impact it has had on the economy is becoming clearer. Vietnam has spent more than $1.32 billion from the state budget on fighting the novel coronavirus, according to the National Steering Committee for COVID-19. Where did the money go? Of this, the Ministry of Health received around VND21.2 trillion, which it used to purchase vaccines, build ICUs and treat patients. The Ministry of Public Security received VND1.4 trillion, and the Ministry of National Defense received VND2.7 trillion, the National Steering Committee for Covid-19 said Sunday. Around VND5.2 trillion was distributed to…
Nội Bài International Airport receives a small number of passengers amid the COVID-19 pandemic. — VNA/VNS Photo HÀ NỘI — The Civil Aviation Authority of Vietnam (CAAV) has proposed increasing the number of domestic routes from October 20. The CAAV sent the proposal to the Ministry of Transport for when the first phase of the pilot period of reopening domestic flights ends. Previously, the CAAV proposed a four-phase plan to resume domestic flights. In the first phase, to be carried over ten days from October 10 to 20, airlines resume routes with a flight frequency not exceeding half of that in the first…
On October 20th, 1930, The Vietnam Women’s Union was officially formed as a collective against imperialism. Vietnamese women were a strong force during the war, as they were equally fierce in their bravery and sacrifice. But this collective endurance has continued into the present. As well as worldwide recognized holiday celebrated International Women’s Day and also in Vietnam. International Women’s Day is celebrated annually on March 8 and people in Vietnam celebrate this holiday twice per year. In Vietnam, this festival has an official date of October 20, Vietnamese celebrate also on March 8, as in other countries. Vietnamese Women’s…
The representative of the VBCSD said that the circular economy is becoming an inevitable trend to meet the requirements of sustainable development in the context of increasingly degraded and depleted resources, polluted environment, and severe climate change. The circular economy contributes to minimizing the risks of overproduction crisis and resource scarcity, lowering production costs, and increasing the supply chain for businesses. More stories at Vietnam Insider’s homepage. Mr. Fausto Tazzi, General Director of La Vie Company, Vice President of PRO Vietnam, said that La Vie Company and Nestlé Group members had committed to implementing plans to reduce the amount of…