Patrick Lenain-Former assistant director Organisation for Economic Co-operation and Development Pressures on global supply chains are also a key headwind in the recovery. Supply chain disruptions are not new: health precautions imposed over the last two years have already caused major bottlenecks. Major shipping hubs such as Los Angeles and Shanghai have operated with reduced capacity, with long waiting times to get shipments processed across the borders. With the pandemic fading away, congestion in international supply chains has eased a bit since December 2021. In the United States, government agencies have worked with shippers, retailers, and port authorities to speed up the movement of goods. For instance, ships waiting to unload containers in US ports have declined by 35 per cent, thanks to 24/7 operations and large recruitment of workers. However, the lack of US truck drivers has emerged as a new problem. Action was taken to hire 30,000 additional truck drivers, … [Read more...] about Will international stress disrupt Vietnam’s economic recovery?
When vietnam will reopen international flights
Vietnam seeks 15-day Russian visa exemption
Speaking at Saint Petersburg-Vietnam Tourism Forum in Russia, Vietnamese Trade Counselor Duong Hoang Minh said Vietnam has offered a 15-day visa exemption policy for Russians visiting Vietnam and 30 days for those on direct flights to Phu Quoc Island. The two countries still have great potential in tourism cooperation, but have not yet taken advantage of all opportunities for development, including attracting more Vietnamese tourists to Russia. Currently, Russia offers 30-day visa exemption for tourists from Laos and Thailand; therefore, he proposed Vietnamese tourists also be exempted from visas with a duration of 15 days. Deputy Head of the Vietnam National Administration of Tourism Nguyen Le Phuc said that Vietnam has simplified many procedures to attract foreign tourists, including those from Russia via visa exemption and removal of quarantine requirements. Phuc also hoped Russian authorities would waive visas for Vietnamese tourists to open up opportunities for both … [Read more...] about Vietnam seeks 15-day Russian visa exemption
VietJet Air resumes Cam Ranh – Incheon air route
Cam Ranh International Terminal Company announced on May 19 that budget airline Vietjet Air of Vietnam will re-operate an air route connecting Cam Ranh airport (Khanh Hoa) and Incheon airport (Republic of Korea). According to the plan, VietJet Air will run two flights a week, every Wednesday and Friday, on the air route, starting on May 20. Cam Ranh airport is scheduled to receive plane coded VJ837 carrying approximately 160 passengers on board from Incheon at 13:15 on May 20, kick-starting the resumption of the route. Meanwhile, a Cam Ranh – Incheon plan is scheduled to take off at 02:55 on May 20, carrying 33 passengers on board. Vietnam announced a decision to reopen its borders to international travelers as of March 15, and the resumption of the Cam Ranh –Incheon air route is expected to support tourism recovery in Khanh Hoa province. … [Read more...] about VietJet Air resumes Cam Ranh – Incheon air route