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The constant rise in fuel prices has caused up to 55 percent of 99,000 fishing boats throughout Vietnam to stay ashore to avoid losses, according to the Ministry of Agriculture and Rural Development, which is calling for financial supports for fishermen. Fuel has become a so huge expense that many fishermen in the country are having trouble making a living. Gasoline and oil demand for fishing activities averages out at 330 million liters per month, according to the agriculture ministry, while the price of diesel 0.05S, the main fuel for fishing vessels, has spiked by 65 percent, or VND11,441 (US$0.49) per litter, since December 2021. In total, fuel costs needed to maintain normal fishing activities have skyrocketed by about VND3.776 trillion ($162.4 million) a month. While fuel costs usually account for 45-60 percent of fishing expenses, the other costs have also increased by 10-15 percent, raising the total expenses by 35-48 percent on average. Meanwhile, the increase in … [Read more...] about Vietnam agriculture ministry urges aid for fishermen as rising fuel prices keep them ashore

The Plastics Innovation Hub aims to reduce plastic waste in Vietnam by driving collaboration and promoting using science and innovation. The hub is an initiative of Aus4Innovation – a development assistance program sponsored by the Australian Department of Foreign Affairs and Trade and managed by the Commonwealth Scientific and Industrial Research Organization (CSIRO) – Australia’s national science agency, in strategic cooperation with Vietnam’s Ministry of Science and Technology. According to Mr. Kim Wimbush, Director of Aus4Innovation Program, scientific, technological and innovative solutions will support the Vietnamese government to reach its targets in dealing with plastic waste and building a circular economy. Moreover, he emphasized that reducing plastic waste will help Vietnam obtain economic and environmental advantages. Also, promoting collaboration with nations in the region will offer Vietnam new approaches to reduce plastic waste and support its commitments to … [Read more...] about Australia supports Vietnam build circular economy

Since Vietnam reopened its border for foreign tourists in March 2022, Emirates has gradually increased the weekly frequency on both routes from Ho Chi Minh and Hanoi, offering travellers from Vietnam more convenience as well as safe and seamless connection to Dubai and onward to Emirates’ global network of over 130 destinations. Starting from 24 June 2022, Emirates will boost its frequency from Hanoi to daily flights. From 24 to 30 June, Emirates flight EK394 will depart Dubai at 03:30hrs, arriving in Hanoi at 13:15hrs while on its return leg, Emirates flight EK395 will depart Hanoi at 00:25hrs, arriving in Dubai at 04:00hrs. From 5 July 2022, Emirates will make a small modification on the operation time of the return flight in which the flight EK395 will depart Hanoi at 01:30hrs and arrive in Dubai at 05:05hrs. Frequency to Ho Chi Minh City will also increase from 5 to 6 weekly flights from 1 July 2022. Emirates flight EK392 will depart Dubai International Airport at … [Read more...] about Emirates offers more choices for summer vacation

Of the figure 2.16 million tons were caught from the sea, a rise of 3.3 percent compared to the same period last year. The ministry attributed the increases to the favorable weather conditions and localities’ support to fishermen. However, it said that tuna catch in Binh Dinh, Phu Yen and Khanh Hoa dropped nearly 17 percent in August to only 832 tons. In the first eight months of this year, total tuna catch was estimated at 14,901 tons, up 10.6 percent year on year. Binh Dinh took the lead with 8,508 tons, a rise of 18.9 percent, followed by Phu Yen 3,410 tons (up 6.1 percent) and Khanh Hoa 2,983 tons (down 2 percent). Source: VNA … [Read more...] about Seafood output hits 2.3 million tons in eight months

The Paris seminar aims to promote trade and investment between Vietnam and France. (Photo: VNA Paris (VNA) – France has major advantages in various areas which are also those prioritized by Vietnam in its FDI attraction policy, said Vietnamese Ambassador to France Dinh Toan Thang at a seminar in Paris on June 23. Co-presided over by Ambassador Thang and President of the French Chamber of Commerce and Industry in Vietnam (CCIFV) Thibaut Giroux, the event aimed to promote trade and investment between Vietnam and France. It also saw the presence of French Consul General in Ho Chi Minh City Emmanuel Pavillon Grosser and representatives from nearly 80 companies and investors from both sides. In his remarks, Thang highlighted Vietnam as one of the fastest-growing and most dynamic economies in ASEAN, saying the Government of Vietnam has been persistently improving legal framework to attract French investors in the fields of mutual interest, particularly hi-tech industries and … [Read more...] about Vietnam, France step up trade, investment cooperation

Addressing the three-day U.N. Economic and Social Council (ECOSOC) Humanitarian Affairs Segment, which concluded on June 23, Giang said that in 2022, Vietnam has donated 500,000 USD to the U.N.’s humanitarian funds and 1 million USD to the COVID-19 Vaccines Global Access (COVAX) mechanism. Vietnam has also coordinated with other ASEAN member states, through the ASEAN Coordinating Center for Humanitarian Assistance (AHA) and U.N. offices, to provide humanitarian assistance for Myanmar people. The diplomat affirmed that peace and stability are prerequisites to ensure safe and uninterrupted humanitarian access for those in need. Humanitarian activities should be based on the principles of neutrality, impartiality and independence, upholding the U.N. Charter and international humanitarian law, in accordance with the conditions, needs and circumstances of each country, he stressed. He said that countries have the most important roles and responsibilities in addressing the root … [Read more...] about Vietnam always supports U.N.’s humanitarian efforts: Ambassador

PM Pham Minh Chinh (R) welcomes Cambodian Deputy PM Men Sam An in Hanoi on June 24. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh on June 24 received Cambodian Deputy Prime Minister Men Sam An, who is paying an official visit to Vietnam. PM Chinh welcomed his guest, who represented the Cambodian Government to attend and deliver remarks at a Hanoi ceremony marking the 55th founding anniversary of the countries’ diplomatic ties earlier the same day, and appreciated her major contributions to bilateral relations. He expressed his delight at the recent progress in the friendly neighbourliness and comprehensive cooperation between the two countries. Bilateral trade grew 19% year on year in the first five months of 2022 to 5.44 billion USD; the number of Vietnamese tourists to Cambodia topped 46,000 in the first quarter, making Vietnam the largest source of foreign visitors there; and cooperation in defence, security, education - training, and transport has been … [Read more...] about Gov’t leader receives visiting Cambodian Deputy Prime Minister

The meeting between Deputy PMs Le Minh Khai and Men Sam An in Hanoi on June 24 (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Le Minh Khai had a working session with his visiting Cambodia n counterpart Men Sam An in Hanoi on June 24. Khai congratulated the Cambodian Government on the important achievements obtained under PM Hun Sen’s leadership, especially the success in COVID-19 containment and socio-economic reopening and recovery. Men Sam An, who is also Minister of the National Assembly - Senate Relations and Inspection of Cambodia, Vice President of the Cambodian People’s Party, and Chairwoman of the Cambodia - Vietnam Friendship Association, expressed her honour to represent the Cambodian Government to attend and deliver remarks at the ceremony marking the 55th founding anniversary of the countries’ diplomatic ties held in Hanoi earlier the same day. Saying she is impressed with Vietnam’s all-round attainments over the past years, she expressed her belief that … [Read more...] about Deputy PMs agree on measures for strengthening Vietnam – Cambodia links

The Vietnam Office of the Japan International Cooperation Agency (JICA) has asked the Vietnamese government to consider promptly giving funds to Ho Chi Minh City Urban Railways No. 1 Company Limited (HURC 1), which is at risk of halting operation. In his recent letter to Tran Van Son, Minister-Chairman of the Government Office, Shimizu Akira, Chief Representative of the JICA Vietnam Office, mentioned some issues related to the city’s Metro Line No. 1, including the urgent need of providing a budget to HURC 1 so that it can maintain operations. HURC 1, the operator of the city’s first metro project, is facing a big problem as its initial charter capital has been used up to pay for operating expenses in the past time and is now facing the risk of suspension due to lack of funds, the JICA said. Earlier in January this year, JICA sent an official letter to the Ministry of Planning and Investment and the Ministry of Finance requesting early allocation of funding to the company. … [Read more...] about JICA urges funding for operator of Ho Chi Minh City’s first metro line

The United States, Australia, Japan, New Zealand and the United Kingdom launched an informal group aimed at boosting economic and diplomatic ties with Pacific island nations, the White House said on Friday. The Biden administration has vowed to commit more resources to the Indo-Pacific as China seeks to boost economic, military and police links with Pacific island nations hungry for foreign investment. The group, dubbed Partners in the Blue Pacific (PBP), will seek to support Pacific regionalism and strengthen economic ties between the Pacific islands and the rest of the world. "We are united in our shared determination to support a region that benefits the peoples of the Pacific. We are also united in how we realize this vision -- according to principles of Pacific regionalism, sovereignty, transparency, accountability, and most of all, led and guided by the Pacific Islands," the White House said. White House Indo-Pacific coordinator Kurt Campbell said on Thursday he expects … [Read more...] about U.S., Japan, Australia, New Zealand and United Kingdom form Pacific group