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At the event (Photo: VNA) HCM City (VNA) – Investors from the Republic of Korea (RoK) in Ho Chi Minh City are facing a number of bottlenecks related to labour regulation and administrative procedures that need to be promptly removed, heard a June 24 dialogue between the municipal leaders and the business community. The collection of seaport infrastructure fees was also pointed to by many participating businesses. From April 1, 2022, all container vehicles entering and leaving the city’s Cat Lai port have to pay an additional fee for using seaport infrastructure. Korean firms proposed the establishment of a monthly gross payment process and a reduction of the fee, given their difficulties from increased logistics costs. Phan Van Mai , Chairman of the municipal People’s Committee, said the southern economic hub is working to recover after two years affected by the COVID-19 pandemic. Such recovery sees a significant contribution of the business communities, including … [Read more...] about HCM City works to clear hurdles for RoK investors

A worker receives a booster shot of a COVID-19 vaccine in HCM City. — VNA/VNS Photo Thanh Vũ HÀ NỘI — Việt Nam registered 657 new cases of COVID-19 on Saturday, with zero deaths recorded. All of the infections were domestic, with a total of 512 new transmissions detected in the community. New cases were detected in Hà Nội (169), Bắc Ninh (53), Phú Thọ (45), Yên Bái (43), Lào Cai (34), HCM City (27), Quảng Ninh (22), Quảng Bình (21), Nghệ An (21), Hải Phòng (18), Vĩnh Phúc (17), Đà Nẵng (15), Hòa Bình (15), Hà Nam (14), Thái Nguyên (13), Ninh Bình (12), Cao Bằng (12), Thái Bình (12), Hưng Yên (11), Thanh Hóa (9), Quảng Trị (9), Tuyên Quang (9), Nam Định (8), Hải Dương (7), Lâm Đồng (7), Điện Biên (6), Sơn La (5), Lai Châu (5), Khánh Hòa (5), Tây Ninh (3), Vĩnh Long (3), Bình Định (2), Bà Rịa - Vũng Tàu (2), Bình Phước (1), Lạng Sơn (1) and Đồng Tháp (1). The latest update brings the national caseload to 10,742,891 to date. The total number of COVID-19 fatalities in … [Read more...] about 657 new COVID-19 infections reported on Saturday

Van Don - Mong Cai Highway under construction (Source: baoquangninh.com.vn) Quang Ninh (VNA) – The Van Don - Mong Cai highway, which is scheduled for completion and operation on June 30, aims to create favourable conditions for the northeastern province of Quang Ninh to make breakthrough developments and promote economic links in the region. Nguyen Tien Oanh, Director of the Executive Board of the highway project (the Tien Yen - Mong Cai section), said it has taken time to complete this section – which extends from Bach Dang bridge to the Mong Cai international border gate , because of difficulties caused by the COVID-19 pandemic and other reasons. However, the foundation of the sector has been basically completed and is entering the finishing stages, he said. According to representatives from the Ministry of Transport, the Van Don - Mong Cai highway, which is part of the Hanoi - Quang Ninh highway, plays a strategic role for the socio-economic development of Quang … [Read more...] about Van Don – Mong Cai highway: new launch pad for Quang Ninh’s economic growth

All the new cases were detected locally in Hà Nội (169), Bắc Ninh (53), Phú Thọ (45), Yên Bái (43), Lào Cai (34), HCM City (27), Quảng Ninh (22), Quảng Bình (21), Nghệ An (21), Hải Phòng (18), Vĩnh Phúc (17), Đà Nẵng (15), Hòa Bình (15), Hà Nam (14), Thái Nguyên (13), Ninh Bình (12), Cao Bằng (12), Thái Bình (12), Hưng Yên (11), Thanh Hóa (9), Quảng Trị (9), Tuyên Quang (9), Nam Định (8 ), Hải Dương (7), Lâm Đồng (7), Điện Biên (6), Sơn La (5), Lai Châu (5), Khánh Hòa (5), Tây Ninh (3), Vĩnh Long (3), Bình Định (2), Bà Rịa - Vũng Tàu (2), Bình Phước (1), Lạng Sơn (1), and Đồng Tháp (1). Details will follow shortly. … [Read more...] about Việt Nam reports 657 new cases of COVID-19 on Saturday

As more Vietnamese are seeking air travel services this summer, air ticket prices have increased as airlines are grappling with surging fuel costs and staffing challenges. Prices for flight tickets on many domestic routes operated by Vietnam’s five major carriers went up 20-40 percent for the last week of June compared to two months ago, according to an analysis by Tuoi Tre (Youth) newspaper. Airfares for international flights to and from Vietnam also soared 20-35 percent compared to pre-pandemic rates, according to a representative of Transportation Services Company (Worldtrans), a Vietnamese air charter provider. Dang Anh Tuan - head of communications of Vietnam Airlines, Vu Duc Bien - general director of Vietravel Airlines and other airline representatives all blamed rising fuel prices for the airfare spike. Fuel costs account for 30-40 percent of an airline’s total expenses, according to the International Air Transport Association (IATA). As fuel prices rise, airlines … [Read more...] about Airfares surge as domestic and int’l travel rebounds, fuel prices skyrocket

At Te Giac Trang (White Rhino) oil field (Photo: VNA) Hanoi (VNA) - Te Giac Trang (White Rhino) oil field has officially reached a production milestone of 100 million barrels of crude . The field is situated in Block 16-1, about 100km southeast of the southern Vung Tau City. Its commercial development was announced in September 2009. The new milestone has turned its operator – the Hoang Long - Hoan Vu Joint Operating Company ( HLJOC ) - into one of the five oil companies on the Vietnamese continental shelf making such record. The HLJOC was established by Petro Vietnam Supervision Company (PVSC), SOCO Vietnam Ltd. (SOCO), Amerada Hess Vietnam Ltd. (HESS), and OPECO Vietnam Ltd. (OPECO). By now, the company’s total revenue has reached 8.3 billion USD, contributing more than 2.8 billion USD to the state budget./. VNA … [Read more...] about Te Giac Trang oil field reaches production milestone of 100 million barrels