Revenues were up 55 percent year-on-year to VND11.6 trillion, the highest since 2020, when Covid-19 started to cripple the aviation industry. But it reported a ninth consecutive quarterly loss, with a total gross loss from the sales of products and services of around VND1.6 trillion due to higher costs. Fuel, for example, cost VND465 billion more than budgeted and accounted for 30 percent of transport costs. The carrier said the results clearly reflected the impact of Covid on the aviation industry despite the relatively quick recovery by the domestic market. Meanwhile, international services remain in limbo, and the Russia-Ukraine crisis has driven fuel prices up sharply. As of March 31, Vietnam Airlines’ accumulated losses were VND24.5 trillion, some VND2.16 trillion higher than its charter capital. The management said the airline could "basically maintain its liquidity until this year-end" based on the expected recovery by the industry. But it also sought the … [Read more...] about Vietnam Airlines posts $113 mln Q1 loss
Covid in vietnam
COVID-19: Vietnam reports 2,227 new cases on May 13
Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam recorded a total 2,227 new cases of COVID-19 and no death in the past 24 hours to 4pm May 13, according to the Ministry of Health. Hanoi reported the highest number of infections on the day with 495 cases, followed by Nghe An with 123 and Phu Tho with 120. The northern province of Bac Giang added 443 cases to the national log after verifying information. The country has to date logged 10,693,141 COVID-19 cases, including 43,063 deaths. A total 9,065 COVID-19 patients were given the all clear on May 13, bringing the number of recoveries so far to 9,344,029. There are 333 patients needing breathing support. By May 12, the country had injected 216,512,573 doses of COVID-19 vaccines, including 2,192,003 first shots for children from 5 to 11 years old./. VNA … [Read more...] about COVID-19: Vietnam reports 2,227 new cases on May 13
US wishes for ‘strong, independent’ Vietnam: Secretary of State
He told the Vietnamese PM on the sidelines of the ASEAN-U.S. Special Summit on May 13 that he had fond memories of his two visits to Vietnam in 2015 and 2016. Overcoming the consequences of war is one of the top priorities in the bilateral relationship, and the U.S. would continue to coordinate closely with Vietnam for this, he assured. He also welcomed Vietnam's commitments at the 2021 United Nations Climate Change Conference Summit and promised U.S. help to fulfill them. Chinh thanked the U.S. for providing nearly 40 million doses of Covid-19 vaccines through bilateral channels and the Covax mechanism when Vietnam was facing its most difficult time during the pandemic. The relationship between the two countries has a special history, and it has gone through many ups and downs but achieved many positives, including the visit of General Secretary Nguyen Phu Trong to the U.S. seven years ago, he said. "The visit laid a solid foundation, created a basis for the development of … [Read more...] about US wishes for ‘strong, independent’ Vietnam: Secretary of State
Việt Nam gears up for rollout of fourth COVID-19 vaccine shots
Elderly people in Tây Mỗ Ward, Nam Từ Liêm District, Hà Nội receive COVID-19 vaccines in early 2022. Seniors are set to be the first to get the fourth vaccine shots in the upcoming rollout. — VNA/VNS Photo Hoàng Hiếu HÀ NỘI — The Vietnamese health ministry has asked provincial/municipal health departments to provide the tentative number of vaccines needed for the rollout of second COVID-19 booster shots (fourth doses) before May 25, 2022. The second boosters will for now be for adults over 50 years, or people from 18 years old with immunocompromised conditions from mild to severe level, or people from 18 years old who are at risk of exposure to the virus (frontline healthcare workers, officials, and workers at industrial parks, etc.). The latest document was sent to local health departments, health department of the public security ministry, and the military medicine department, Pasteur institutes and the National Institute for Hygiene and Epidemiology (NIHE). mRNA COVID-19 … [Read more...] about Việt Nam gears up for rollout of fourth COVID-19 vaccine shots
New Zealand Prime Minister Jacinda Ardern tests positive for COVID
New Zealand Prime Minister Jacinda Ardern tested positive for COVID-19 with moderate symptoms, her office said in a statement on Saturday. She will not be in Parliament for the government's Emissions Reduction Plan on Monday and the coming Budget on Thursday. "Travel arrangements for her trade mission to the United States are unaffected at this stage," the statement added. Ardern had been symptomatic since Friday evening, returning a weak positive at night and a clear positive on Saturday morning on a Rapid Antigen Test (RAT), the statement said. At this stage her symptoms are moderate and she has been in isolation since May 8 when her partner Clarke Gayford tested positive, it said. Due to the positive RAT, Ardern will be required to isolate until the morning of May 21, and undertake what duties she can remotely this week. Deputy Prime Minister Grant Robertson will address media in her place on Monday. "This is a milestone week for the Government and I'm gutted I can't … [Read more...] about New Zealand Prime Minister Jacinda Ardern tests positive for COVID
Vietnam calls for more support to ASEAN’s Centrality
ASEAN should be fully consulted in settling regional issues with respect to international law. Vietnam has called for more support for ASEAN’s central role in solving regional disputes and maintaining peace and security in the region in a transparent and constructive manner. Vietnam's Prime Minister Pham Minh Chinh speaks at the US-ASEAN Special Summit in Washington, D.C.on May 13. Photos: VGP Prime Minister Pham Minh Chinh shared the view in the US-ASEAN Special Summit held on May 13 in Washington, D.C., with the participation of ASEAN members’ leaders and the bloc Secretary General. Chinh expressed his hope that major countries and partners of ASEAN respect ASEAN’s central role, fully consult with ASEAN, respect international law, and contribute to peace, security, and stability in the region and around the world. In the meeting co-chaired by US President Joe Biden and Indonesian President Joko Widodo, Chinh said the 45-year of US-ASEAN relations have … [Read more...] about Vietnam calls for more support to ASEAN’s Centrality
Sepak Takraw – the “golden hope” for Vietnam sport
The Vietnamese Sepak Takraw players are expected to win the gold medal at the 31st SEA Games. Sepak Takraw is considered one of the spearhead sports of the Vietnam SEA Games delegation, with many medal winners at SEA Games and Asiad. In the days leading up to SEA Games 31, athletes from Vietnam Sepak Takraw are training hard to get in shape for the event. Twelve male and 12 female players will compete in four men’s and four women’s events, eyeing at least one gold medal in the female category at SEA Games 31. The male players are actively doing exercises at the venue to familiarize themselves with the terrain. They are expected to achieve high results at SEA Games 31 in the team category. There will be about 150 athletes from eight nations including Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Indonesia, and the Philippines competing in Sepak Takraw, of them, the Thai team is said to be the strongest opponent. … [Read more...] about Sepak Takraw – the “golden hope” for Vietnam sport
Vietnam to meet inflation target in 2022: HSBC
It expected Vietnam’s inflation at 3.7 percent in the latest report, up 0.7 percentage point compared to the previous forecast published February. However, Vietnam’s inflation is unlikely to be a big concern this year as it will likely remain well below the 4 percent inflation target of the State Bank of Vietnam, the lender said. Compared to rising inflation in parts of Southeast Asia, Vietnam’s inflationary risk is among the lower end of the group, it added. According to the General Statistic Office, the four-month consumer price index rose by 2.1 percent compared to 0.89 percent over the same period last year. Transport and food, two categories used in calculating CPI, fell in April thanks to declining oil and domestic agriculture product prices between March and April. Education and housing & construction material rose, mirroring higher tuition fees after a period of Covid-19 discounts and rising rent prices after workers return to cities. But the bank also warned of … [Read more...] about Vietnam to meet inflation target in 2022: HSBC
Vietnam to lift pre-entry COVID-19 test requirements for entrants on May 15
Vietnam will remove the pre-entry COVID-19 test requirements for all foreign arrivals starting Sunday, Prime Minister Pham Minh Chinh has directed. The direction, effective at 0:00 on May 15, comes as the numbers of COVID-19 infections and deaths drop both in Vietnam and around the world. In a dispatch issued on Friday, the PM cited the World Health Organization as announcing that the COVID-19 pandemic has tended to reduce in both patient numbers and fatalities on a global scale and that basic vaccines are still effective against variants of the SARS-CoV-2 virus. In such context, many countries have been taking steps to ease COVID-19 restrictions, including removal of pre-entry testing, the document said. PM Chinh requested the Ministry of Health to closely monitor the epidemic situation and provide timely and appropriate instructions. The Ministry of Foreign Affairs must direct Vietnamese agencies abroad to ask people wishing to enter Vietnam to comply with epidemic … [Read more...] about Vietnam to lift pre-entry COVID-19 test requirements for entrants on May 15
Vietnam leads SEA Games medal table with 31 golds
Vietnam has created a wide gap with second-place Indonesia and other sports delegations in the medal standing of the 31st Southeast Asian (SEA) Games, obtaining a total of 75 medals on Saturday afternoon, according to statistics on the event’s official website. The host already claimed 31 gold medals, 18 silvers, and 26 bronzes at the time of writing to remain on top of the table and far outpace other countries. Rowing contributed four golds and one silver, wushu snatched one gold and one bronze, and track and field claimed one gold on Saturday morning. With 13 golds, 14 silvers, and three bronzes, Indonesia ranked second, followed by Malaysia, who also got 13 golds and had 12 more bronzes than Indonesia, but pocketed just five silvers. The Philippines and Thailand completed the top five, while Singapore, Myanmar, Cambodia, Brunei Darussalam, Laos, and Timor Leste came next in that sequence. The 31st SEA Games, which boast 526 categories in 40 sports, are currently taking … [Read more...] about Vietnam leads SEA Games medal table with 31 golds