VABA asks relevant authorities to study and adjust the domestic ceiling price bracket for airlines to promote the recovery of the industry. — Photo a family.vn The president of the Viet Nam Aviation Business Association (VABA) has proposed to adjust the ceiling fare for domestic airlines to promote the industry's recovery. At a national conference between the Prime Minister and businesses last week, VABA's chairman Pham Viet Dung said: "Viet Nam's aviation market is growing rapidly on the recovery trend but not evenly in all segments." The domestic market has fully recovered compared to before the pandemic. In contrast, the international market has recovered very slowly, said Dung, mentioning domestic passenger transport increased by 12 per cent compared to 2019, global freight increased, but household goods decreased. However, revenue was disproportionate due to increased fuel prices and some input prices, airlines still suffered losses, and liquidity did not improve much, … [Read more...] about VABA proposal raising domestic airfare ceiling
Beloit domestic violence survivor center
More barringtonia asiatica trees given by Truong Sa Island planted in HCMC
Mr. Nguyen Ho Hai and delegates plant barringtonia asiatica trees at Ben Duoc Memorial Temple. (Photo: SGGP) Attending the ceremony were Major General Dang Van Lam, Deputy Commander of Military Region 7; Lieutenant General Nguyen Van Nam, Member of the Standing Committee of the HCMC Party Committee, Commander of the HCMC Command; Colonel Le Ba Quan, Deputy Commander, Chief of Staff of Naval Region 2; Ms. To Thi Bich Chau, Member of the Standing Committee of the HCMC Party Committee, Secretary of the District Party Committee of District 1; Ms. Pham Thi Thanh Hien, Chairwoman of the People's Committee of Cu Chi District. Deputy Secretary of HCMC Party Committee Nguyen Ho Hai and delegates planted barringtonia asiatica trees at Cu Chi District Cultural Center, Ben Duoc Memorial Temple, and Memorial Temple of Saigon - Cho Lon - Gia Dinh Revolutionary Traditional Area in Cu Chi Tunnels Relic Site. According to Mr. Nguyen Ho Hai, over the past time, the Party, State, and Ministry of … [Read more...] about More barringtonia asiatica trees given by Truong Sa Island planted in HCMC
Thousands of wild orchid plants brought back to nature
Wild orchid plants are transplanted on a tree in the courtyard of Dak Lak Provincial Museum. (Photo: SGGP) The Vietnam Association for the Conservation of Wild Orchids, the Institute of Biotechnology and Environment under Tay Nguyen University, Orchid Lovers 47, Dak Lak Urban and Environment Joint Stock Company, and Dak Lak Orchid Association, in collaboration with Dak Lak Provincial Museum, organized the program ‘Bringing wild orchids back to nature’ on August 14. Accordingly, tens of thousands of wild orchids have been sent there by orchid lovers across the country to be grafted onto the trees in the courtyard of Dak Lak Provincial Museum and Bao Dai Summer Palace. Thousands of wild orchid plants are sent to Dak Lak Province by wild orchid lovers across the country. (Photo: SGGP) The courtyard of Dak Lak Provincial Museum and Bao Dai Summer Palace has an area of more than 6 hectares, considered a biodiversity area in the center of Buon Ma Thuot City with many rare … [Read more...] about Thousands of wild orchid plants brought back to nature
Shanghai to reopen all schools Sept. 1 as lockdown fears persist
China's financial hub Shanghai said on Sunday it would reopen all schools including kindergartens, primary and middle schools on Sept. 1 after months of COVID-19 closures. The city will require all teachers and students to take nucleic acid tests for the coronavirus every day before leaving campus, the Shanghai Municipal Education Commission said. It also called for teachers and students to carry out a 14-day "self health management" within the city ahead of the school reopening, the commission said in a statement. Shanghai shut all schools in mid-March before the city's two-month lockdown to combat its worst COVID outbreak in April and May. It allowed some students of high school and middle school to return to classrooms in June while most of the rest continued home study for the remainder of the semester. The announcement on schools reopening brings great relief to many residents but fears about COVID lockdowns continue to persist, as China vows to stick to its dynamic … [Read more...] about Shanghai to reopen all schools Sept. 1 as lockdown fears persist
Viet Nam seeks foreign investment in medical devices production
Visitors at the 20th International Medical, Hospital & Pharmaceutical Exhibition that opened on Thursday in HCM City. — VNA/VNS Photo The Vietnamese medical devices market, which is growing annually at more than 18 per cent, relies heavily on imports, representing significant opportunities for foreign businesses, according to the HCM City Medical Equipment Association. The market is now worth US$1.5 billion, up from US$1.1 billion in 2017, Hua Phu Doan, deputy chairman of the association, said. Domestic medical devices manufacturers make mostly basic stuff and meet only 10 per cent of demand while the remaining 90 per cent is imported, he told a meeting held recently in HCM City. The number of foreign manufacturers in Viet Nam remains modest due to the lack of development of supporting industries and the absence of an industrial cluster in this sector, he said. Foreign investment in the production of medical devices is vital to reduce reliance on imports and facilitate … [Read more...] about Viet Nam seeks foreign investment in medical devices production
Vietnam beefs up ties with Germany’s Saxony state
During a meeting with the German official on August 11, Ambassador Minh highlighted the fruitful development of the friendship between Vietnam and Saxony state in recent years, expressing the gratitude to the government of Saxony state for promoting the friendship and cooperation between Vietnam and Germany in general and Saxony in particular. The diplomat suggested the state government considers promoting the signing of a Memorandum of Understanding (MoU) between the Vietnamese Ministry of Labor, Invalids and Social Affairs and the state’s Ministry of Economic Affairs, thus creating a favorable framework for recruiting more Vietnamese skilled workers for German enterprises. For his part, Kretschmer said the collaboration between Saxony and Vietnam has been developing positively in recent years, adding that the Vietnamese community here has made important contribution to the cultural diversity of the state. As President of the association of public universities in Saxony, … [Read more...] about Vietnam beefs up ties with Germany’s Saxony state
Politburo to review US$59-billion North-South express railway in September
Construction priorities are for sections Hanoi – Vinh and Nha Trang – Ho Chi Minh City. The Politburo, the country’s supreme decision-making body, is set to discuss the investment plan for the North-South express railway project in September. The project is set to be completed by 2050. Photo: Lam Anh A feasibility study conducted by the Ministry of Transport (MoT) suggested constructing a new electrified 1,435mm double-track express railway on the North-South axis with a total length of 1,545 kilometers. The high-speed rail route will be operated by an electric multiple units (EMU) train with an average speed of 320 kilometers per hour. The MoT estimated the total investment capital to be around US$58.71 billion, in which $1.98 billion would be allocated for site clearance, $31.58 billion for construction cost, $15 billion for equipment and project management, and nearly $10 billion for contingency and other expenses. To ensure the effective … [Read more...] about Politburo to review US$59-billion North-South express railway in September
Vaccination must be top priority as many diseases develop complicatedly
Vaccination must be prioritized amid complicated developments of diseases. (Photo: SGGP) According to the monitoring results of the HCMC Center for Disease Control, the city has more than 7,000 high-risk points for dengue fever. From the beginning of 2022 to now, the whole city has implemented 328 sanctioning decisions according to Decree No.117/2020/ND-CP for places that let generate lots of mosquito larvae and mosquitoes capable of causing dengue fever. The sanctioning has been drastically implemented by local authorities in July and the first half of August. Specifically, 199 places in July and 74 places in August were sanctioned. Regarding the Covid-19 vaccination for children, vaccination results have been more positive after the peak month was launched. After ten days of implementation, more than 13,000 doses are injected per day, on average, twice as much as before. However, the vaccination rate among children in the city is still lower than the national average. Besides … [Read more...] about Vaccination must be top priority as many diseases develop complicatedly
Demand for logistics real estate increases sharply: Savills Vietnam
Nam Hai Dinh Vu Port in Hai Phong City. (Photo: VNA) This is one of the factors that make the demand for logistics real estate increase sharply, it said. A survey by Savills Vietnam showed that Vietnam's logistics industry is enjoying significant growth due to the development of the national economy, and the manufacturing and e-commerce sectors. According to a report on the emerging market logistics index released earlier this year by Agility, a leading logistics and transportation service provider in 2022, Vietnam ranks 11th among the world’s top 50 emerging markets, only behind Indonesia, Malaysia and Thailand in the Association of Southeast Asia Nations. Vietnam's transport and logistics market is estimated to grow at a compound annual growth rate (CAGR) of 7 percent in the 2021-2026 period. The Vietnamese government encourages enterprises manufacturing and attracts investment by establishing industrial and economic zones. Despite challenges from the Covid-19 pandemic, … [Read more...] about Demand for logistics real estate increases sharply: Savills Vietnam
China unexpectedly cuts 2 key rates, withdraws cash from banking system
Economists and analysts said they believe Chinese authorities are keen to support the sluggish economy by allowing a widening policy divergence with other major economies that are raising interest rates aggressively. The People's Bank of China (PBOC) said it was lowering the rate on 400 billion yuan ($59.33 billion) of one-year medium-term lending facility (MLF) loans to some financial institutions by 10 basis points (bps) to 2.75%, from 2.85%. In a poll of 32 market watchers last week, all respondents had forecast the MLF rate would be left unchanged and 29 had predicted there would be a partial rollover. "The rate cut surprises us," said Xing Zhaopeng, senior China strategist at ANZ. "It should be a response to the weak credit data on Friday. The government remains cautious about growth and will not let go." New bank lending in China tumbled more than expected in July while broad credit growth slowed, as fresh Covid flare-ups, worries about jobs and a deepening property … [Read more...] about China unexpectedly cuts 2 key rates, withdraws cash from banking system