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Vietnam Airlines suffers $113mn Q1 loss despite revenue surge

May 22, 2022 by tuoitrenews.vn Leave a Comment

National carrier Vietnam Airlines remained in the red in the first quarter of this year, with losses of nearly US$113 million, despite its revenue rising to a two-year high. The airline posted a loss of VND2.621 trillion ($112.9 million) over the first three months of 2022, according to its Q1 consolidated financial statements issued on Friday. The loss was recorded even though the flag carrier logged revenue of more than VND11.6 trillion ($500 million) in the period, up 55 percent year on year, the highest performance since the second quarter of 2020, when COVID-19 began to severely affect Vietnam’s aviation industry. The impressive revenue failed to cover the total cost that was higher than expected, leading to the firm’s ninth consecutive quarterly loss, the carrier said. Vietnam Airlines’ fuel expense in the quarter was VND465 billion ($20 million) more than projected given rising world oil prices, VnExpress cited the company as saying. The Q1 result has brought the … [Read more...] about Vietnam Airlines suffers $113mn Q1 loss despite revenue surge

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Vietjet reopens flights between Seoul and Vietnam’s beach destinations

May 22, 2022 by en.vietnamplus.vn Leave a Comment

Passengers on the first Vietjet Air flight from Seoul to Nha Trang. (Photo: vietjetair.com) Hanoi (VNA) – Celebrating a vibrant summer and welcoming life back to Vietnam's famous paradise beaches, budget carrier Vietjet has officially reopened flights connecting Seoul and Nha Trang, Phu Quoc and Hai Phong. The first flight back to Nha Trang from Seoul on May 20 was greeted with a water cannon salute, flowers and gifts, showing Vietnam’s warm hospitality to visitors. Vietjet plans to relaunch services from Seoul to Phu Quoc and Hai Phong and vice versa this May, raising the total routes linking Vietnam and the Republic of Korea to six, given that the two countries are expecting a new wave of tourists from both sides, after the RoK announced the resumption of short-term tourist visas for foreigners from June 1. There are currently three Nha Trang - Seoul (Incheon) round-trip flights weekly, on Wednesdays, Fridays and Sundays. Starting from May 21, Vietjet … [Read more...] about Vietjet reopens flights between Seoul and Vietnam’s beach destinations

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Vietnam celebration spills out into the streets

May 22, 2022 by e.vnexpress.net Leave a Comment

The Hai Ba Trung Street in Hanoi erupts after the referee blows the final whistle. Vietnam defeated Thailand 1-0 with the winning goal scored by Nham Manh Dung in the 84th minute. Photo by Gia Chinh A crowd in downtown Hanoi were in a state of extreme excitement after the game. Photo by Gia Chinh Fans greet each other on Ton Duc Thang Street in HCMC's downtown District 1. Photo by Quynh Tran Ecstatic fans said it had been a long time since they'd been able to celebrate Vietnam's victory on the streets because of Covid-19. Photo by Quynh Tran Vietnam celebration spills out into the streets Người Đà Nẵng xuống đường cổ vũ bóng đá Celebration in Da Nang. Video by Nguyen Dong Hue residents flocked to the streets and headed for the downtown area in great numbers. The sounds of cheers and horns filled the air and could be heard from afar. … [Read more...] about Vietnam celebration spills out into the streets

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Russia to assist Vietnam in building e-government

February 19, 2019 by tuoitrenews.vn Leave a Comment

Russia has agreed to assist Vietnam in building an e-government as well as help the Southeast Asian country ensure information safety, a Russian deputy minister for digital development said in Hanoi on Monday. Russian Deputy Minister of Digital Development, Communications and Mass Media Mikhail Mamonov is leading a delegation on a working visit to Vietnam from February 18 to 20. The guests, including Russian experts and firm representatives, had a working session with Vietnamese Minister and Chairman of the Government Office Mai Tien Dung in Hanoi on Monday. Vietnamese Prime Minister Nguyen Xuan Phuc established the National Committee on E-Government and assigned the Government Office to work with the Ministry of Information and Communications, and relevant agencies to build a detailed plan for the 2019-2020 period, Dung said at the meeting. Vietnam will launch platforms on data sharing and put into operation a national public services portal, with a view to building smart … [Read more...] about Russia to assist Vietnam in building e-government

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