Asx 200 10 year high

Party General Secretary Nguyen Phu Trong (R) and then US President Donald Trump witness the signing to increase the order to 200 aircraft in 2019. (Photo courtesy of Vietjet Air) Hanoi (VNA) – Chairman of the National Assembly Vuong Dinh Hue has congratulated Vietjet Air and Boeing on their agreement on the restructuring and continuation of the contract to purchase 200 Boeing 737 aircraft, at the meeting with Boeing’s Senior Vice President Michael Arthur. The agreement was reached during Prime Minister Pham Minh Chinh’s official visit to the US and United Nations for the ASEAN-US Special Summit held in Washington D.C. Vietjet’s contract with Boeing is one of the significant deals contributing to the countries’ bilateral trade balance and has been forged through three US Presidencies with important strides following diplomatic and economic development milestones between the two countries in the recent years. In 2016, Vietjet Air ordered 100 Boeing aircraft in the … [Read more...] about Vietjet, Boeing reach agreement on 200-aircraft contract

Airlines in Vietnam are increasing the number of flights to serve high demand during the coming summer holiday. Vietnam Airlines Group, which operates Vietnam Airlines, Pacific Airlines, and VASCO has said they will conduct some 36,000 flights with more than 7.1 million seats, including 32,400 flights and 6.3 million seats on domestic routes between June 1 and August 15. The figure showed an increase of 10 percent compared to the same period in 2019 before the Covid-19 pandemic. Vietnam Airlines Group will operate approximately 430 domestic flights daily during the peak summer days. Some of the busiest flight routes include Hanoi-Danang/HCM City and HCM City-Danang with nearly 160 flights daily between these three cities. There will also be hundreds of flights conducted to other popular tourist destinations including Phu Quoc, Cam Ranh, Dalat, Hue, Quy Nhon, Dong Hoi, Tuy Hoa, and Con Dao. Meanwhile, Vietnam Airlines Group is planning to operate over 3,600 international … [Read more...] about Vietnamese airlines to serve high summer demand

Twelfth graders of the Việt Đức High School are pictured with their teacher on the graduation day. VNA/VNS Photos Thanh Tùng The special school year of 2021-2022 has just ended, leaving many emotions among students, particularly the 12th graders. They are both happy to be about to embark on a new journey of life but also sad to say farewell to their beloved school, teachers and friends with whom they have not unfortunately had much time to share due to the COVID-19 pandemic. "I will desperately miss the short time my classmates and I spent studying together. Though we had three years of high school, we only had about a year and a half being together, due to the prolonged pandemic," said Thanh Uyên from Phan Đình Phùng High School. Another student, Nhật Minh, added: "We feel very sad when we have to say goodbye after such a short period of time. We hope we will always remember the good times studying together." This photo essay introduce to readers such … [Read more...] about Students say farewell to their high school years

The showroom, which will replace its old location in Truong Chinh street, will be the most advanced showroom and the first MAR 2020 facility in Ho Chi Minh City. John White, CEO at Vietnam Star Automobile, said that OfficeHaus renders the perfect space and location to cater to the auto company in the Vietnamese market. Vietnam Star Automobile is a division of LSH Auto International − the largest Mercedes-Benz retail dealer group in the world. “We have a couple of criteria in choosing the best location. Aside from being accessible, OfficeHaus sits next door to Vietnam’s largest Aeon Mall, bringing a demographic that is consistent with the Mercedes brand. The property also meets the quality standards of our brand,” said White. OfficeHaus, one of the most highly anticipated additions to Vietnam’s premium commercial real estate, will open its doors in quarter 4 this year. It will deliver a holistic working experience as part of a world-class 82-hectare integrated residential, … [Read more...] about Mercedes-Benz Vietnam set to open new showroom in OfficeHaus

S&P forecast Vietnam’s GDP will grow 6.9% in 2022 before settling closer to its long-term trend of growing 6.5%-7% from 2023 onward. S&P Global Ratings on May 26 raised its long-term foreign and local currency sovereign credit ratings on Vietnam to 'BB+' from 'BB'. S&P expects Vietnam's economy to continue its upward trend. Source: S&P The rating agency also affirmed the country’s short-term rating at ‘B’ with a stable outlook. “The stable outlook reflects our expectations that over the next 12-24 months, Vietnam's economy will continue to recover from the challenges posed by the pandemic over the past two years. This will support the external position and rein in fiscal deficits,” it noted. S&P added it could raise the ratings if Vietnam's institutional settings improve considerably, in ways that augment policy predictability and transparency. Such favorable changes in the policy environment could bolster investor confidence in the … [Read more...] about Vietnam’s long-term credit rating upgraded to “BB+”: S&P

Modern equipment help improve medical examination and treatment service quality at Hospital A in Thai Nguyen province (Photo: VNA) Hanoi (VNA) – Legislators at the 15th National Assembly (NA) discussed in groups the draft Law on Medical Examination and Treatment (revised) on May 26 during their ongoing third session. Many deputies pointed out that after 10 years of implementation, the law has created an important legal framework for the caring and protection of people’s health through the management of medical activities, ensuring rights of patients. However, it has exposed a number of shortcomings and limitation, making it no longer suitable to the reality. According to Bac Ninh province’s representative Nguyen Thi Ha, the bill should specify policies to encourage the research and application of science and technologies in medical examination and treatment through support in land use, tax and finance, thus drawing more investment and knowledge from other countries. Deputies … [Read more...] about Legislators give ideas for revision of Medical Examination and Treatment Law

People and tourists choose to buy tours at the Hong Ngoc Ha travel booth during Ho Chi Minh City Tourism Festival 2022 Specifically, national carriers Vietnam Airlines, Pacific Airlines, and the Vietnam Air Services Company (VASCO) have prepared to supply more than 7.1 million seats during the peak summer season from June 1 to August 15, an increase of 10 percent compared to the same period before the Covid-19 epidemic. On average, during the peak summer season, these airlines will operate 430 domestic flights, especially those to Hanoi, Da Nang, and Ho Chi Minh City. With international routes, Vietnam Airlines and Pacific Airlines provide over 852,000 seats, equivalent to more than 3,600 flights, only 40 percent of the number in 2019 because international travel demand has not recovered as before. Vietravel Airlines also said that the demand for travel and tourism will increase, so it has planned to increase the number of aircraft and frequency of flights to the Central … [Read more...] about Millions of travelers book tours for summer vacation

At the scholarship-awarding ceremony (Photo: SGGP) At the program, 300 children with disabilities and orphans who are children of trade union members, workers, officials, and laborers in Ho Chi Minh City were able to participate in games as well as enjoy cultural performances, and fashionable performances with recycled materials. On this occasion, the City Trade Union Social Work Center also awarded 30 scholarships to disadvantaged children who overcame difficulties to study well. Units and benefactors gave away 300 toys, 220 portions, beverages, 200 boxes of confectionery, and 750 T-shirts totally worth more than VND150 million (US$6,437). According to Mr. Nguyen Mai Huy, Deputy Director of the Center for Social Work of Ho Chi Minh City Trade Union, the program has created a healthy playground for children with disabilities and orphans. Moreover, at the same time, it helped connect units, businesses, and donors for a meaningful activity full of love for workers’ kids in this … [Read more...] about Orphans, disabled kids receive scholarships on occasion of Int’l Children’s Day

The administration of Binh Duong province, in collaboration with the Vietnamese Consulate General in Sydney and Becamex IDC Corporation, organized an investment promotion seminar in Sydney on May 27. Binh Duong promotes investment opportunities in Australia. (Photo: baobinhduong.vn) In his remarks, Consul General Nguyen Dang Thang introduced to Australian officials and businesses the potential for expanding trade and investment in Vietnam, affirming that the two countries have treasured a close relationship in various fields, including politics, diplomacy, trade and investment. Despite the impact of the COVID-19 pandemic, he said, two-way trade turnover between Vietnam and Australia reached a record high of more than US$12.4 billion in 2021, a year-on-year rise of 49.45%. The first four months of this year alone also saw bilateral trade grow impressively, reaching US$4.8 billion, up 32.37% compared to the same period of last year. With regard to investment, as … [Read more...] about Vietnam seeks Australian investment opportunities in Sydney

After a year of not raising tuition fees due to the impacts of Covid-19, the Hanoi people's council passed a resolution on May 20 to hike public preschool and high school tuition fees for the 2022-23 academic year. The fees would double at first and subsequently increase by 20-40 percent every year. Sen, 43, lives in Hanoi’s Ha Dong District with her husband and two daughters, the other in 10th grade. She cleans houses for hourly wages while her husband is a laborer. They pay the highest tuition rate since their household registration is in Region 1, which comprises the capital’s inner districts. In addition, she may be required to pay VND300,000 ($12.93) per child per month for the following academic year, which is 1.4-2 times the current fee. Tuition fees for middle and high schools in Region 1 will gradually rise over the next three years to VND410,000, VND530,000, and VND650,000, respectively. Meanwhile, Sen and her husband's incomes fluctuate every month: Sometimes … [Read more...] about Hanoi parents brace for tuition hikes