Ifrs 16 adoption

The Lach Huyen International Port in Hai Phong city. The MoT has asked VMA to consider reducing maritime fees to help firms cover higher fuel costs. (Photo: VNA) Hanoi (VNS/VNA) - The Vietnam Maritime Administration (VMA) has sent a report to the Ministry of Transport (MoT), assessing the possible impact of reduced fees on Vietnamese maritime firms amid mounting fuel prices. The report asserted that adjustments in fees for international transport would have a negligible impact on Vietnamese firms since freight transport between Vietnamese ports and international ports is undertaken predominately by foreign shipping lines. Additionally, maritime fees account for just 7-9 percent of total costs incurred by a vessel engaging in international transport and 3-5 percent in domestic transportation . That means fees reduction is not much of a solution to the problem of mounting petrol bills. “Fuel costs, wages and insurance premiums take up the lion's share in maritime firms’ … [Read more...] about Fee reductions offer little benefit to maritime firms

Dengue fever patients (Photo: VNA) Hanoi (VNA) – The Ministry of Health has asked for more drastic measures to curb the spread of dengue fever, given a high number of new cases recorded recently. According to the ministry, since the beginning of this year to June 24, Vietnam had reported around 77,000 dengue fever cases, up more than 10,000 cases compared to that in the previous week, and 30 fatalities. This time is the peak of the disease, with the southern region and several central localities being the hotbeds. In that context, the ministry has issued a lot of guidance documents asking localities to make efforts to prevent the disease, especially as the COVID-19 pandemic is not over. The ministry has sent seven delegations to inspect and direct dengue fever prevention in the hotbeds in June and July. On June 27, Deputy Minister Nguyen Truong Son led a working delegation to inspect the work in Ho Chi Minh City. As of June 24, the city alone had recorded … [Read more...] about Health Ministry requests vigilance over increase in dengue fever cases

Hanoi, (VNA) - The following is a list of selected news summaries last weekend by Vietnam News Agency. -National Assembly Chairman Vuong Dinh Hue and a high-level delegation of the Vietnamese legislature arrived at Liszt Ferenc airport in Budapest, the capital of Hungary, in the afternoon June 25 (local time), beginning an official visit at the invitation of the Speaker of the National Assembly of Hungary, László Kövér. Read full story The NA Chairman then visited Albertirsa city, where he was welcomed by Deputy Speaker of the Hungarian parliament István Jakab and city officials. At Hue’s meeting with the deputy speaker of the Hungarian parliament, the two parliament leaders agreed that the two sides should focus on cooperation in agriculture, especially when Hungary has strengths in supply chains from cultivation, processing to marketing and distribution. Read full story -National Assembly Chairman Vuong Dinh Hue will lead a high-ranking delegation of the National … [Read more...] about ☀️ Morning digest on June 27

Seafood processing for export in a company in Can Tho (Photo: VNA) Can Tho (VNA) – The Mekong Delta city of Can Tho recorded an 8.04% growth in GDRP in the first six months of 2022 , the highest for the recent three years, heard a recent review conference of the city’s Party Committee. Le Thanh Tam, Director of the municipal Department of Planning and Investment, said the growth rate is the second highest among the five centrally-run cities in the country. Specifically, the agro-forestry-fishery sector expanded by 3.28%, industry-construction 11.8% and services 7.62%, contributing 0.4%, 3.56% and 3.95% to the overall growth rate, respectively. The Index of Industrial Production picked up 12.86% year-on-year, while the export turnover of goods and services top 1.1 billion USD, up 15.16%. Total revenues from retails and services were estimated at 55.5 trillion VND (2.39 billion USD), an increase of 21.09%. However, the low disbursement of public investment has … [Read more...] about Can Tho posts three-year high economic growth