Tickets for the debutant Formula 1 - Vietnam Grand Prix 2020 will officially be opened for sale in Vietnam with a starting price of VND700,000 (US$30.5), announced the racing organisers - Vietnam Grand Prix Corporation (VGPC). Locals look at the F1 Ferrari F2007 car displayed at Hoan Kiem Lake, Hanoi from June 7-9, 2019. (Photo: f1vietnamgp.com) Accordingly, there will be three main types of tickets, including hospitality (VIP tickets), grandstand (starting grid) and general admission (walking-around racetrack tickets). Each type of ticket is divided into several categories with separate entitlements with one-day options or a three-day weekend package to meet each customers’ preferences and needs. Hospitality tickets are the most advanced type, offering favourable positions on the track. This type of ticket is divided into three ticket classes: Diamond, Platinum and Gold with the price for three days ranging from VND49.33 million to VND96.5 million. Fares for three days … [Read more...] about Tickets for F1 Vietnam Grand Prix on sale from July 17
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Vietnam Airlines plans to push for organizational restructuring
Vietnam Airlines plans to push for organizational restructuring in the second half of this year, according to its business performance report for the first half, released on July 16. A Vietnam Airlines plane The national flag carrier expects to complete its 20 narrow-body Airbus A321neo fleet, take delivery and operate the first three wide-body Boeing 787-10s out of an order of eight, and finalize its investment plan for 50 more narrow-body aircraft in the 2021-2025 period. In the first half, the Vietnam Airlines Group (including Vietnam Airlines, Jetstar Pacific, and VASCO) reported VND51.662 trillion ($2.2 billion) in consolidated revenue, up 5.5 per cent year-on-year, and VND1.650 trillion ($70.8 million) in pre-tax consolidated profit, or 30 per cent higher than planned. Vietnam Airlines earned VND38.328 trillion ($1.6 billion) in revenue, up 5.8 per cent year-on-year, and VND1.787 trillion ($76.6 million) in pre-tax profit, up 21.8 per cent year-on-year and 13.6 per cent … [Read more...] about Vietnam Airlines plans to push for organizational restructuring
VN responds to recent developments in East Sea
Foreign Ministry's Spokesperson Le Thi Thu Hang. Photo: VGP Foreign Ministry’s Spokesperson Le Thi Thu Hang made the above statement on Tuesday in response to reporters’ queries on Viet Nam’s reaction to recent developments in the East Sea. As asserted many times before, Viet Nam has sovereignty, sovereign rights and jurisdiction over the waters in the East Sea as defined in the provisions of the UNCLOS, to which Viet Nam and other East Sea littoral states are signatories, Hang said. Hang reaffirmed Viet Nam’s consistent position to resolutely and persistently stand against any act infringing upon Viet Nam’s sovereignty, sovereign rights and jurisdiction in Vietnamese waters established in the provisions of the UNCLOS through peaceful means in accordance with international law and the UNCLOS. Viet Nam attaches utmost importance to peace, friendship, cooperation and goodwill, and stands ready to settle disputes and differences through peaceful means, … [Read more...] about VN responds to recent developments in East Sea
Monsoon rains wreak flood havoc across South Asia
Survivors scrambled for higher ground as torrential monsoon rains swept away homes and triggered landslides across South Asia Tuesday, with millions of people affected and at least 180 dead, officials said. Monsoon rains have wreaked havoc across South Asia The monsoon is crucial for irrigation and groundwater supplies in the impoverished region -- home to a fifth of the world's population -- and brings relief after the unforgiving summer. But the downpours -- which stretch from June to September -- can turn deadly, and have wreaked havoc again this year across India, Nepal, Bangladesh and Pakistan-administered Kashmir, with people, dwellings and boats in remote low-lying areas washed away. "Entire communities have been cut off by rising waters, increasing the risk of people going hungry and getting sick," Xavier Castellanos, of the International Federation of Red Cross, said of the growing crisis. In Mumbai, a building collapsed in a cramped neighbourhood, killing four people … [Read more...] about Monsoon rains wreak flood havoc across South Asia
Vietnamese former deputy transport minister loses party position
Truong was dismissed as member of the Communist Party Committee of the transport ministry for the 2011-2016 and 2016-2021 terms at a Tuesday meeting with top party leaders. The Secretariat of the Communist Party's Central Committee, which is in charge of the party's administration affairs, demanded the transport ministry to impose further punishment against him. Truong served as Deputy Minister of Transport from 2007 until he retired in 2017. According to the Central Inspection Committee, the party's top watchdog, Truong had signed decisions approving the values of several enterprises under his ministry's management and the methods for privatizing and divesting state capital from those firms for which he did not have the authority. His decisions violated the laws on equitizing and managing capital at state firms. Truong also agreed for Vietnam Airlines, the flagship carrier in Vietnam, to perform a series of activities that were not in line with the Law on Enterprises as well as other … [Read more...] about Vietnamese former deputy transport minister loses party position