Which carmaker announced 47 drop in profits on monday

Coordinating Minister for Economic Affairs Airlangga Hartarto (Photo: republika.co.id) Jakarta (VNA) – Indonesia ’s Coordinating Minister for Economic Affairs Airlangga Hartarto announced on August 11 that the government is preparing to stop allocating the budget for COVID-19 handling and national economic recovery ( PC-PEN ) from the end of this year. According to him, based on Law No. 2 of 2020 concerning State Finance and Financial System Stability for COVID-19 Handling Efforts, the state budget deficit has been allowed to exceed 3 percent of the national gross domestic product (GDP) for three years till 2022 The government will not allocate a budget for COVID-19 handling and national economic recovery, but this does not mean that it will not continue its programmes in the health and social protection sectors, the minister clarified, adding that the fund will entirely be returned to each sector like before the COVID-19 broke out. Earlier, Finance Minister Sri … [Read more...] about Indonesia announces end of pandemic handling fund

The Ministry of Transport has announced a plan to strengthen inspection and crack down on taxi drivers' illegal practices, such as enticing passengers, overcharging or refusing to take passengers at the country's busiest airport, Tân Sơn Nhất International Airport in HCM City. Taxis enter to pick up passengers at HCM City's Tân Sơn Nhất International Airport. Deputy Minister Lê Anh Tuấn has urged inspectors from the city's Department of Transport, in cooperation with leaders of the Tân Sơn Nhất International Airport and the Southern Airport Authority, to punish taxi drivers who refuse to take passengers, as well as those who impose unreasonably high extra charges. Tuấn has also asked units to arrange pick-up and drop-off areas, creating favourable conditions for buses, taxis, and app-based vehicles to park, pick up and drop off passengers. This is among measures taken to solve the recent overcrowding at the country's busiest airport, with … [Read more...] about Transport ministry clamps down on taxi drivers overcharging at Tân Sơn Nhất Airport

Cao Son Coal, the company with the largest mining output in Vietnam, on July 19 announced to improve and expand the capacity of the Cao Son coal mine in Cam Pha in the northeastern province of Quang Ninh, to meet high production requirements. Coal mining companies are increasing output to deal with power generation shortages, Le Toan The mine has total reserves of almost 52 million tonnes, with a designed capacity of about 4.5 million tonnes per year. By upgrading the reserves, Cao Son’s coal mine is expected to complete a record high mining output of 6.78 million tonnes in 2022. Phan Quoc Viet, director of Cao Son Coal, said, “We have mobilised equipment to maximise the exploitation of raw coal at the Cao Son mine. In 2021, we achieved a mining output of over 6.4 million tonnes.” Many miners feel that Cao Son Coal’s plan to increase output faces many challenges, especially considering the increasingly difficult and complex open-pit mining conditions. Similar to … [Read more...] about Power shortage worries increase hunger for coal

An old architecture work in Hanoi (Photo: VNA) Hanoi (VNA) – The Department of Construction, Planning and Architecture of Hanoi has announced a plan to preserve 92 unique architectural works in the city. This will include 30 works managed by the municipal administration, 50 State-managed architectures, and 12 built before 1954. Under the plan, relevant agencies will be responsible for planning conservation and embellishment of architectural works; and building projects for managing, evaluating and verifying the quality of those to submit to the municipal People's Committee. The municipal administration will continue to guide the districts to maintain, renovate and repair a number of old architectural works built before 1954. According to the municipal People’s Committee, Hanoi has 1,216 works that are being managed in accordance with regulations on managing and using architectural works built before 1954 in the city./. VNA … [Read more...] about 92 old architecture works in Hanoi to be conserved

Illustrative image (Photo: VNA) Hanoi (VNA) - Automobile sale s in Vietnam posted a month-on-month increase of 20% and a year-on-year surge of 88% in July, the Vietnam Automobile Manufacturers’ Association ( VAMA ) reported on August 11. automobile market although the 50% registration fee reduction ended in late May. VAMA has announced that the total sale by its members reached 30,254 vehicles in the month. Of this, the sale of passenger and commercial vehicles expanded by 30% and 1.8%, respectively; while that of special-purpose vehicles saw a decrease of 57% compared to the previous month. VNA … [Read more...] about Automobile sale strongly rebounds in 7 months

Woodworkers in a small craft village in Hanoi’s outskirts have had reputation for creating the most sophisticated Buddha statues in Vietnam. After nearly a hundred years, the statue of “Thousand-Handed Quan Yin Buddha” in Dai Quan Pagoda, Khoai Chau District, Hung Yen Province still retains its beauty. The Buddha has a gentle face, calm half-closed eyes. Her two hands are clasped in front of the chest, praying for peace for mankind, while the other 998 hands stretch out, ready to protect and help her Buddhists. The statue of “Thousand-Handed Quan Yin Buddha” in Dai Quan Pagoda, Khoai Chau District, Hung Yen Province. Photo: Xuan Thanh The “Thousand-Handed Buddha” statue of Dai Quan Pagoda, like hundreds of thousands of Buddha sculptures being revered in temples across Vietnam, was created by talented craftsmen from the Son Dong fine arts craft village.The outer layer of gold vermilion paint covering the Buddha statue made from jackfruit wood is almost intact, … [Read more...] about [Uniqueness of Hanoi’s craft villages] Son Dong – the most famous Buddha statue making village

A group of 123 MICE (meetings, incentives, conferences, and events) tourists from South Africa have just arrived in HCM City four a four-day trip. Representatives from the Ho Chi Minh City Department of Tourism welcome the MICE tourists from South Africa. The Ho Chi Minh City Department of Tourism announced on August 11 that the tourists came from ABSA company in South Africa. Speaking at the welcoming ceremony held by the department, head of the MICE delegation, Charl Potgieter, shared that they chose HCM City as the metropolis boasted a wide range of historical, cultural, architectural works. "Local residents are well known for being both friendly and hospitable, while local food is quite delicious," he added. The delegation will stay at the five-star InterContinental Saigon Hotel for four days and three nights and attend a series of conferences, sample delicacies. They will also take part in a city tour via a double-decker bus or Vespa motorcycle, along … [Read more...] about HCM City welcomes MICE tourists from South Africa