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Accommodation, finance and low cost of living make the city attractive to expats, a survey by InterNations, the largest global community and information site for people who live and work abroad, found. Expat City Ranking polled more than 20,000 people representing 178 nationalities living in 187 countries and territories about 82 cities around the globe. They were asked questions on quality of urban living, getting settled, urban work life, finance and housing, local cost of living, and happiness level. Ho Chi Minh City did well in almost all of them except the quality of urban living index, where it ranked 63rd. It topped in the Finance and Housing Index with close to nine in 10 saying it is easy to find housing, compared to 50 percent globally. 77 percent said they are happy with their financial situation in the city, compared to the global average of 57 percent. In the Local Cost of Living Index 81 percent are satisfied with the cost of living in the city against the global rate of … [Read more...] about HCMC is 3rd best city for expats in 2020: survey

The private airline had in March proposed to increase its fleet from maximum 10 to over 30 in order to meet rising travel demand in the country. But the Civil Aviation Authority of Vietnam (CAAV) has said that permission for this proposal should be considered carefully, based on market demand, Bamboo Airways’ capability to operate that many aircraft, as also the CAAV’s own ability to manage them. As Bamboo Airways has announced plans to expand its fleet, the CAAV has asked the airline to explain where it gets the budget for purchasing them, and its plans to employ enough personnel for the expansion. The CAAV also said that with its current resources, it can only manage 256 aircraft belonging to Vietnamese carriers. If Bamboo Airways begins operating 40 aircraft this year, the CAAV will have to manage a total of 277 aircraft, exceeding its capability by 21 units. The CAAV is waiting for Bamboo Airways’ explanation before reporting to the Ministry of Transport its … [Read more...] about Bamboo Airways fleet expansion plan runs into overreach concerns

Working part-time, the young girl has managed to travel to dozens of European countries A Vietnamese student has been embracing her lifestyle of wanderlust by traveling across Europe and other places around the world during her time as a student in France. Huyen Le was a student of the chemistry-specialized class at Le Quy Don High School for Gifted Students in Da Nang City before taking off to France for her study at the University of Technology of Compiègne. "France and the whole Europe have brought several new chapters to my life," Huyen said. "I would not have known that the world is so beautiful, had I not got out of my home country to see other places," the Vietnamese student continued. Before enjoying traveling, Huyen was just like many other young people, not knowing exactly what she really loves to do. Thanks to various experiences from travel, she is now able to answer many important questions of her life, namely "Who is she?", "Where is she?", "What does she want?", … [Read more...] about ​Vietnamese student traverses Europe to answer life questions

The carrier’s deputy chairman Dang Tat Thang said at a press conference Tuesday that it was operating 20 aircraft with over 100 trips a day, but an airline typically needs to operate at least 25-30 jets. "We hope that by having 30 aircraft in the first quarter next year we will record profits. By expanding our fleet to 30, we can stabilize operations and launch more routes." The airline had recorded cumulative losses of VND329 billion ($14.2 million) at the end of April, three months after its first flight, according to the Ministry of Finance. Bamboo Airways chairman Trinh Van Quyet explained the losses at a shareholders’ meeting in June, saying the airline had to pay salaries for a team big enough to operate 30 aircraft, while the fleet was just 10 then. Quyet also expects profit from its direct U.S. flights. The airline is set to receive its first wide-body Boeing 787-9 Dreamliner this month, which will be used for direct flights to the U.S. in late 2020 or … [Read more...] about Bamboo Airways expects profits to take off in 2020

In 2018, the textile-garment sector posted year-on-year exports growth of more than 16 percent to surpass USD 36 billion, making Vietnam the world’s third biggest exporter of these products, after China and India. Insiders have recommended Vietnam pay attention to developing weaving and other production activities supporting the textile-garment sector. (Photo for illustration) Based on these figures, the Vietnam Textile and Apparel Association (VITAS) believes the export target of USD 40 billion for 2019 is achievable, thanks in part to FTAs, including the one with the EU – the second biggest market for Vietnamese textile and garment products. VITAS Chairman Vu Duc Giang said the EVFTA, signed in Hanoi on June 30, promises apparel export potential of more than USD 100 billion annually. Textiles and garments shipped to the EU are currently subject to export tariffs of 9.6 percent, but when the EVFTA takes effect, the rate will be gradually … [Read more...] about Apparel sector urged to develop supporting industry to optimize EVFTA