Business news stories this week

Vietnam has been recording over 571,000 new Covid-19 cases a week on average, which is only behind South Korea (713,000 cases), the U.S. (760,000 cases) and Japan (1.4 million cases), according to a World Health Organization report. But the report did not mention Vietnam among countries with top Covid deaths. The WHO said the high numbers of recorded cases in Vietnam were partly because of extra data provided by certain localities, which were recorded since February. Over the past week, the northern port city of Hai Phong added another 402,830 cases to its tally and the northern province of Thai Nguyen added another 152,485 cases, the Ministry of Health said. Vietnam records around 2,000 new Covid-19 cases a day on average over the past week, the ministry added. There has been a spike in the number of new Covid-19 cases as reported on Thursday, with 6,775 new cases, which is three times that of the average number of new cases recorded in the previous week, the ministry said. … [Read more...] about Vietnam has 4th highest number of weekly Covid cases worldwide: WHO

At the ceremony (Photo: VNA) Phnom Penh (VNA) – A Vietnamese cultural week was kicked off in Cambodia at a ceremony held in the capital Phnom Penh on August 10. As part of the activities marking the 55th anniversary of Vietnam – Cambodia diplomatic relations, the event runs in Phnom Penh and Siem Reap until 14. Its opening ceremony featured songs and traditional dances performed by Vietnamese and Cambodian art troupes. In his opening speech, Deputy Minister of Culture, Sports and Tourism Hoang Dao Cuong highlighted the nations’ solidarity, traditional friendship and cooperation, and good neighbourliness. The bilateral ties have grown robustly over the past more than five decades, bringing about important political, socio-economic, cultural, and educational outcomes and practical benefits for the two peoples, he affirmed. Their regular organisation of cultural programmes is key to increasing the countries’ solidarity, friendship, mutual understanding and … [Read more...] about Vietnamese cultural week underway in Cambodia

Specifically, the rail company offered a discount of 3 percent on seating class and 5 percent on sleeper class for all routes. After pupils and students return to school, the rail fares will continue to decrease further. Meanwhile, bus fares have not changed much. A representative of Grab said the company had been striving to keep the price to continue to monitor the market. According to a representative of Mien Tay Bus Station, four transport enterprises have applied for a discount of 6-12 percent, including Kumho Samco Buslines Transport Company, Hoa Mai Transport Travel Service Company, Toan Thang Transport Company Limited, which operates on the Ho Chi Minh City - Vung Tau route, and the Rach Gia Branch Cooperative, which operates on the HCMC - Kien Giang route. Similarly, a representative of Mien Dong Bus Station said he had recently received a proposal to adjust bus fares from Hong Son Transport Enterprise, which transports passengers on the HCMC - Tuy Hoa route, reducing … [Read more...] about Bus fares decline sluggishly

An overview of the meeting (Photo: VNA) Hanoi (VNA) – The impressive economic growth in the first seven months of this year reflects the efficiency of the policies that have been applied recently, stated Minister of Planning and Investment Nguyen Chi Dung at the meeting between the Prime Minister and businesses that opened in Hanoi on August 11. The minister said that international organisations have shown optimism about the Vietnamese economy, rating the country’s long-term credit as "stable" and "positive". Many economists held that the Vietnamese economic resilience is relatively good currently, he added. The official cited a recent survey as showing that in the second quarter of this year, 70-80% of total businesses highly valued the effectiveness of the Government’s support to businesses amid the COVID-19 pandemic , especially those in taxation. As of the end of July, the country had 871,000 companies, up nearly 13% over 2019. In July alone, more than 130,000 … [Read more...] about Government’s economic stimulation policies prove effective: Minister

Illustrative image (Source: VNA) HCM City (VNS/VNA) - As tourism continues to revive, the hotel and tourism industry is suffering from challenges in recruiting qualified human resources post pandemic, industry players warned. Speaking at a seminar on August 9 in HCM City, Dr Nguyen Anh Tuan, director of the Institute for Tourism Development Research, said there was a lack of high-quality staff in the industry. Vu The Binh, chairman of the Vietnam Tourism Association , said that human resources were a weak point for the industry even before the pandemic. “Efficient, hard-working, and resourceful human resources are the backbone of any successful business. It is even more so in the case of the hotel industry.” Successful hotel operations are sustained by customer-oriented and hard-working employees who have adequate competencies, he added. A large number of hotels and resorts stopped operation during the two-year pandemic, and coming back could prove challenging, he … [Read more...] about High-quality human resources key to sustainable tourism industry

The Polish national pavilion at the 26th International Exhibition on Food & Beverage and Food Processing, Packaging Technology & Equipment that opened on Thursday at the Sai Gon Exhibition and Convention Centre in District 7. — VNS Photo Thu Hang The 26th International Exhibition on Food & Beverage and Food Processing, Packaging Technology & Equipment opened on Thursday at the Sai Gon Exhibition and Convention Centre in District 7. Vietfood & Beverage – Propack 2022 has attracted 350 exhibitors from 18 countries and territories, who are showcasing products, equipment and technology for the food and beverage industry and for food packaging and processing. There are national pavilions from India, Poland, South Korea, Russia, Singapore, Japan, and Indonesia. The event also features a series of seminars and business matching programmes on development prospects of the agricultural products intertrade between Viet Nam and Russia, development of Russian grain … [Read more...] about Food and beverage, packaging expos open in HCM City

An Emirates pilot. The airline is looking to recruit first officers who meet the airline’s exceptional standards in safety, technical prowess and customer experience. — Photo courtesy of Emirates Emirates, the world’s largest operator of Airbus A380s and Boeing 777s, is looking to recruit first officers who meet the airline’s exceptional standards in safety, technical prowess and customer experience. Successful candidates can look forward to climbing new career heights with Emirates’ all-wide-body fleet and ever-expanding global route network and enjoy an excellent lifestyle in dynamic Dubai. Candidates applying for the first officer position must have experience on multi-engine, multi-crew aircraft, a valid ICAO Airline Pilot License, and a minimum experience of 2,000 flying hours on 20-tonne MTOW (maximum take-off weight) aircraft. Interested candidates can check out the eligibility criteria in full and apply online at emiratesgroupcareers.com/pilots/ For pilots, a … [Read more...] about Emirates recruits first officers to let their careers fly

Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 11. - A Government to Business (G2B) conference was opened on August 11, providing a platform where the Government can explore the private sector’s opinions and proposals. Presided over by Prime Minister Pham Minh Chinh, the hybrid event brought together cabinet members, representatives from Party and National Assembly’s committees, local administrations, industry leaders, and businesses. Read full story - National Assembly (NA) Chairman Vuong Dinh Hue has sent a congratulatory letter to the newly-elected Japanese President of the House of Councillors Hidehisa Otsuji. In the letter, the Vietnamese top legislator showed delight at the progress of the Japan-Vietnam Extensive Strategic Partnership for Peace and Prosperity in Asia, including the ties between the two legislatures. Read full story - The National Assembly (NA) Standing Committee looked into the … [Read more...] about ☕ Afternoon briefing on August 11

Hanoi (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. - Party General Secretary Nguyen Phu Trong hosted a reception in Hanoi on August 10 for Anouphap Tounalom, Secretary of the Lao People's Revolutionary Party (LPRP) Central Committee, and Secretary of the Party Committee and Chairman of the People’s Council of Vientiane. The Party leader congratulated Laos on its comprehensive achievements, with active contributions made by the capital Vientiane. Read full story President Nguyen Xuan Phuc and Ambassador of Israel Yaron Mayer (Photo: VNA) - President Nguyen Xuan Phuc received in Hanoi on August 10 Ambassador of Kuwait Yousef Ashour Al-sabbagh and Ambassador of Israel Yaron Mayer, who came to present their credentials. At his meeting with Ambassador Al-sabbagh, President Phuc affirmed that Vietnam always attaches importance to and wishes to enhance the traditional friendship with Kuwait, one of the leading economic … [Read more...] about ☀️ Morning digest August 11

With the peak summer travel season drawing to a close, Vietnam’s international tourism segment still faces bottlenecks on its route to full recovery. Within the framework of a program early this week to discuss the current state of the Vietnamese tourism sector, representatives from businesses and organizations across the country voiced doubts that Vietnam will meet its goal of welcoming five million foreign tourists by the end of the year if regulations governing visa policies, infrastructure, and personnel are not relaxed. Incomplete recovery According to Cao Thi Tuyet Lan, sales manager at Viettours Incentives & Events Co. Ltd., foreign tourists still find it difficult to enter the country despite Vietnam having fully reopened its borders. “What's more, it is hard to apply for visas for business travelers who work with domestic enterprises," Lan said. “[The domestic partner] first has to register [the foreign partner] with the Immigration Department, then wait for a … [Read more...] about Vietnam still struggles to welcome back int’l tourists