9 million minutes in years

There are 9,953 Mobile Money service points nationwide. — Photo vnexpress.net Viet Nam had more than 3.9 million people using Mobile Money service by the beginning of last month, an increase of 6.3 per cent compared to March and three times higher compared to the same period last year. Statistics of the Viet Nam Telecommunications Authority (VNTA) under the Ministry of Information and Communications show that the number of Mobile Money users in rural, mountainous, and remote areas reached more than 2.7 million customers, accounting for 69 per cent of service users. Currently, there are 9,953 Mobile Money service points nationwide, an increase of 12 per cent compared to March. The number of units accepting payment via Mobile Money reached 15,326 points, up 0.2 per cent. The total number of transactions including deposit, withdrawal, money transfer, and payment by Mobile Money is more than 26.1 million transactions, with a total transaction value of more than VND1.7 trillion … [Read more...] about Mobile Money has nearly 4 million users

Nearly 250 athletes take part in the first sea swimming Ly Son Cross Island tournament on May 28. (Photo of organisers) Hanoi (VNS/VNA) - The open sea swimming competition on Ly Son island was highly appreciated for its organisation and preparation as it was held for the first time in the central province of Quang Ngai last weekend. In its inaugural race, nearly 250 athletes, locals and foreigners, swam in the middle of the sea paradise and overcame ancient craters and millions of years of volcanic sediment as well as diverse coral reefs. They were guided by a special corridor made of national flags from the start to the finish of the three-category competition entitled Ly Son Cross Island. Khoa Sun and Nguyen Thi Thu Trang won the men's and women's 5km, respectively. Vo Tri Trung and Tran Thanh Binh were winners of the men's and women's 2km classes. Nguyen Dang Khoa and Dang Linh Giang topped the men's and women's 1km divisions. "Congratulations to all the … [Read more...] about Ly Son island swimming event successful, to become annual tourism product

In the first five months of the year, Vietnam welcomed nearly 4.6 million international visitors, 13 times the amount on-year and equal to 63 per cent compared to 2019. The ten largest markets were South Korea, Mainland China, the US, Taiwan, Japan, Thailand, Malaysia, Cambodia, Australia, and Singapore, providing a combined total of 3.3 million arrivals, accounting for 71 per cent of the total number of visitors. Before 2019, China was Vietnam's largest international tourist market, accounting for about 30 per cent of the total number of visitors. That year, Vietnam welcomed 18 million international visitors, of which China contributed 5.8 million, followed by visitors from Russia, the UK, and France. After the Covid-19 pandemic, South Korea has since risen to be the largest tourist market with 1.3 million arrivals, followed by China in second. Several European markets have also dropped out of the top ten, replaced by the likes of Cambodia and Singapore. According to … [Read more...] about Vietnam’s Top 10 international tourist markets

In early April, the Board of Directors at Nam Viet JSC, a seafood producer in the southern region, gave the nod to the decision on dissolving Nam Viet Real Estate Co., Ltd. This company, based in Long Xuyen city in the Mekong delta province of An Giang, was founded in March 2022 to operate in real estate. Real estate might not always prove a fertile venture At the inception, the company had $3.5 million in chartered capital, which was scaled down to around $391,300 in mid-June 2022 before terminating operation in the recent past. At the company’s 2022 general annual shareholders meeting in June, CEO Doan Toi told shareholders that the company owned land, and that they would unveil two real estate projects later in the year, and another two in 2023. Last year, Nam Viet set an ambitious pre-tax profit target of VND1 trillion ($43.4 million) compared to a mere $6.5 million pre-tax profit posted in 2021, and committed to maintaining its profit in the range of a … [Read more...] about Core business key as companies pull out of real estate

At the Ao dai parade (Photo: VNA) Khanh Hoa (VNA) – More than 6,000 women wearing Ao dai (the Vietnamese traditional long dress) took to street in a parade at the April 2 Square in Nha Trang beach city in the south central province of Khanh Hoa to honour the costume as a heritage of the nation as part of the 2023 Nha Trang-Khanh Hoa Sea Festival. Speaking at the June 4 parade, Dinh Van Thieu, Vice Chairman of the provincial People's Committee said the special cultural event contributes to preserving and promoting the beauty of Ao dai, affirming its value as part of Vietnam's cultural heritage. The Nha Trang-Khanh Hoa Sea Festival opened on June 3 evening with a live-broadcast ceremony which featured an artistic light show of 1,653 drones. At an artistic light show of 1,653 drones as part of the opening ceremony (Photo: VNA) Lasting until June 6, the 10th edition of the festival is set to treat visitors to more than 70 events taking place in Nha Trang and other … [Read more...] about Khanh Hoa sea festival: Over 6,000 join Ao dai parade

Operating for 14 years in the country, British University Vietnam (BUV) has asserted its position, quality, and outstanding reputation in the education sector by continuously improving the quality of its training, demonstrating the international standard and value of British higher education. BUV pledges investment in quality education in Vietnam BUV, located in Ecopark 14km from the centre of Hanoi, is the first and only university in Vietnam and ASEAN to have been awarded accreditation from the Higher Education Quality Assurance Agency. To earn the recognition of quality, BUV has completed the International Quality Review, a rigorous procedure which benchmarks global higher education institutions against the United Kingdom’s international quality assurance standards, with the university achieving the highest level of performance in all 10 categories and outstanding accomplishments in all academic aspects. BUV is also the first and only university in Vietnam to be … [Read more...] about BUV pledges investment in quality education in Vietnam

Danang hosts international Fireworks Festival Finnish fireworks team Joho Pyro Professional Fireworks were the champions of DIFF 2019. At this year’s event, they hope to bring several elements, including catchy and joyful music such as the song “Circle of Life” from the Lion King soundtrack. The Danang team from Vietnam will tell a story of peace and friendship, divided into three parts. The first part is a combination of music and colours and lights to awaken the audience’s emotions. The second part will use vibrant music combined with fireworks effects, expressing Danang people’s ability to overcome the pandemic. The final part will combine epic, explosive modern music, conveying a wish for the world to have peace, stability, and happiness. The opening night of DIFF 2023 sees artists such as Ho Ngoc Ha, Tung Duong, and beloved young singers such as Lam Bao Ngoc and Anh Tu take part. It was set to be a colourful music and dance party that was impressively choreographed. … [Read more...] about Danang hosts international Fireworks Festival

Thua Thien - Hue grants investment licences to nine projects in the first five months of 2023. (Photo: VNA) Hanoi (VNS/VNA) - Since the beginning of the year, nine new projects have been granted investment licences by central Thua Thien - Hue province with a total investment of more than 2 trillion VND (85 million USD), according to a report by the provincial Department of Planning and Investment. Of the total investment, five are FDI projects with registered capital of 28.5 million USD. The growth rate of the province’s GRDP in the first quarter is estimated at 6.61%, higher than the national average of 3.32%, and is expected to increase from 7.5% to 8.5% in the second quarter, a representative of the department said at the recent regular meeting. Import and export turnover in May rose month-on-month but decreased over last year. Many industrial production sectors, such as textiles, garments, cement, wood chips, and power generation, have slowed down. Especially, … [Read more...] about Thua Thien – Hue grants investment licences to nine projects

"The pandemic years are behind us and borders are open as normal," Willie Walsh, head of the International Air Transport Association (IATA), told IATA's annual summit of some 300 carriers. IATA boosted its industry profit forecast to $9.8 billion from $4.7 billion cheered by strong travel demand and an easing in oil prices. Revenue is expected to grow by 9.7% to $803 billion, inching closer to 2019's pre-pandemic level of $838 billion. But slender profit margins of 1.2% mean repairing damaged balance sheets and offering sustainable returns on investments will continue to be a headache for some airlines, Walsh said. He said airlines on average make $2.25 per passenger, "which is less than the price of a cup of coffee, a subway ticket". The profit forecast, raised from one given in December, reflected a boost in Europe, despite a wave of strikes. Airlines have in recent months reported strong results as they prepare for a busy summer season, with travel demand … [Read more...] about Global airlines more than double 2023 profit outlook

About 90-95 per cent of Cambodia's pepper output has been exported to Viet Nam. — Photo nld.com.vn Viet Nam's pepper exports are not challenged by Cambodia being issued a licence to export its pepper to China directly, according to experts. The Viet Nam Trade Office in Cambodia quoted Khmer Times sources saying that Cambodian pepper would be available in China directly after the General Administration of Customs of China (GACC) approved Cambodia’s export proposal. Accordingly, the GACC approved seven packaging factories and 28 growing facilities for pepper exports in Cambodia. Le Viet Anh, head of the Viet Nam Pepper Association's office, Cambodia exporting pepper directly to China was not a challenge for Viet Nam's pepper exports immediately because the pepper volume exported from Cambodia to China was not much. “About 90-95 per cent of Cambodia's pepper output have been exported to Viet Nam, then processors in Viet Nam have re-exported the volume to other countries, … [Read more...] about Viet Nam does not face challenge from Cambodia pepper exports to China: experts