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Vietnam Airlines posts $113 mln Q1 loss

May 21, 2022 by e.vnexpress.net

Revenues were up 55 percent year-on-year to VND11.6 trillion, the highest since 2020, when Covid-19 started to cripple the aviation industry. But it reported a ninth consecutive quarterly loss, with a total gross loss from the sales of products and services of around VND1.6 trillion due to higher costs. Fuel, for example, cost VND465 billion more than budgeted and accounted for 30 percent of transport costs. The carrier said the results clearly reflected the impact of Covid on the aviation industry despite the relatively quick recovery by the domestic market. Meanwhile, international services remain in limbo, and the Russia-Ukraine crisis has driven fuel prices up sharply. As of March 31, Vietnam Airlines’ accumulated losses were VND24.5 trillion, some VND2.16 trillion higher than its charter capital. The management said the airline could "basically maintain its liquidity until this year-end" based on the expected recovery by the industry. But it also sought the … [Read more...] about Vietnam Airlines posts $113 mln Q1 loss

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SEA Games final: Thailand are the underdog, says coach Polking

May 21, 2022 by e.vnexpress.net

"It's not easy to play more than 120 minutes," Polking said at a Saturday press meet, referring to Thailand's semi-final match against Indonesia. "Vietnam are in the same situation, so I believe that makes them equal," he said, adding that with both teams tired, he didn't think there would be any obvious advantage for either. "Vietnam are the clear favorite for the game, not only because they have 40,000 passionate people helping and cheering and supporting them for 90 minutes... they have also the best preparations, they have all the players..." "We are the underdog in this situation, but we are a good underdog. We'll put the fight in... but yeah it will be a very, very tough game for us," he said. Thailand began SEA Games 31 with a 1-2 loss against Malaysia, but later won all their matches to enter the final for the 21st time. Polking said he hoped Thailand's offensive lineup would prove themselves against Vietnam's defense, who have never conceded a goal in this year's … [Read more...] about SEA Games final: Thailand are the underdog, says coach Polking

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SEA Games football final: Park calls Thailand approach ‘perfect’

May 21, 2022 by e.vnexpress.net

"Thailand are tough to beat. In the last five games, they scored 15 goals and only let their opponents score twice. And that's after they got the red card in their match with Malaysia. So, it's not possible to have an exact estimate on their defensive capabilities," Park told a Saturday press meet. "Their playstyle is truly perfect. Each team, of course, have their own strengths and weaknesses. The midline of Thailand's offense is very good, with many strong, quick and skillful players. Vietnamese players would need to cover each other and defend well." Despite having entered the final without letting their opponents score even a single goal, Vietnam are still facing criticism, especially regarding their offensive lineup. "We're only a match away from the gold medal. Fans hold high expectations, and that puts pressure on players. But in my opinion, they should learn to rise above that," said Park, adding that the team would prepare their best for the game. Vietnam and Thailand … [Read more...] about SEA Games football final: Park calls Thailand approach ‘perfect’

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Games bonuses await athletes

May 21, 2022 by vietnamnews.vn

Winners in the women's xiangqi standard singles (second row). A Vietnamese gold medalist in xiangqi will secure a bonus of VNĐ70 million (US$3,000) from the Việt Nam Xiangqi Federation and its sponsors. — VNA/VNS Photo Hoàng Ngọc Thu Hà HÀ NỘI — Outstanding performances at the ongoing Games not only bring glorious moments for athletes but also significant cash bonuses as a reward for all the 'sweat and tears' they have given to their teams. After beating Indonesia in the semi-final of men's football, Thailand's team secured THB1 million (about US$29,000) from Thai Tourism and Sports Minister Pipat Ratchakitprakarn, according to Nualphan Lamsam, manager of the team. Nualphan said the Thai minister watched the semi-final match at Thiên Trường Stadium in Nam Định Province. Impressed with the War Elephants' performance, he decided to award them the bonus. Earlier, Nualphan pledged to give players a THB5 million ($145,400) bonus if they won gold at the Games, which does not … [Read more...] about Games bonuses await athletes

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Industrial hub Dong Nai to renovate its capital for $320 mln

May 21, 2022 by e.vnexpress.net

Dong Nai Province that borders Ho Chi Minh City is working on a project it had launched last year to upgrade a riverside route stretching 5.2 kilometers long beside the Dong Nai River in Buu Long Ward of Bien Hoa Town. Costing VND1.3 trillion ($56 million), the project includes works to build the river embankment, parks and a tunnel. To carry out the project, authorities had to relocate 302 households. Houses along the Dong Nai River in Bien Hoa Town will be relocated for a project to upgrade a riverside route. Photo by VnExpress/Phuoc Tuan The province is about to start work to build a new road along the Cai River, a branch of the Dong Nai River to ease traffic jams in the center of Bien Hoa. The road will stretch 4.5 kilometers long, 32 meters wide, and costs more than VND574 billion. Ngo The An, director of Dong Nai Project Management Board, said the province has completed basic investment procedures for building the road, including choosing the contractor and … [Read more...] about Industrial hub Dong Nai to renovate its capital for $320 mln

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Thailand, Việt Nam taste first aerobic golds

May 21, 2022 by vietnamnews.vn

Vietnamese trio Nguyễn Chế Thành, Lê Hoàng Phong and Trần Ngọc Thuý Vi perform in the trio event of Aerobic at the SEA Games 31 in Hà Nội’s Quần Ngựa Sports Centre on May 21. They won gold medal. — VNS Photo Đoàn Tùng HÀ NỘI  — Chanokpon Jiumsukjai of Thailand grabbed gold at the SEA Games 31 after achieving 19.6 points in the men’s individual aerobics on May 21. He made the best performance of the day to beat host athlete Phan Thế Gia Hiển who earned 18.8 points for silver, while Cambodian Chanbory Choeun bagged the bronze with 18.45 points. Vietnamese athletes Nguyễn Chế Thành, Lê Hoàng Phong and Trần Ngọc Thuý Vi earned a gold in the trio event at Hà Nội’s Quần Ngựa Sports Centre on Saturday. The host trio were awarded 20.478 points from the competition’s jury board for the top medal. Cambodian Sokhor Has, Sreypov Mo and Bunthoeun Trorn completed their performance with 19.3 points for silver, while Yupawan Poosanapong, Irada Pantao and Supatsorn Watcharaporn bagged bronze … [Read more...] about Thailand, Việt Nam taste first aerobic golds

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Việt Nam canoeists take medal lead

May 21, 2022 by vietnamnews.vn

Vietnamese canoeist Nguyễn Thị Hương, 21, helps Việt Nam win a gold medal in the women’s 500m canoe four at the SEA Games 31 on May 21. Hương has collected five gold medals in the singles and team events of canoeing at the SEA Games. — VNA/VNS Photo Minh Đức HẢI PHÒNG — A group of four – Nguyễn Thị Hương, Trương Thị Phương, Nguyễn Thị Ngân and Diệp Thị Hương – recoded a time of 1min 54.893sec to help Việt Nam win gold in the women’s 500m canoe four at the Games on May 21. Starting Saturday morning at the Thủy Nguyên rowing centre, the Vietnamese sped up their boat to surpass Indonesia and Thailand in the race for gold. Nur Meni, Dayumin, Sella Monim and Riska Andriyani from Indonesia finished second in 1min 57.033sec, three seconds behind the Vietnamese quad. Thailand’s Paweena Kamchon, Suthimon Chuea Thamdee, Nootchanat Thoongpong and Kewalin Takhianram took bronze with a finish of 2min 6.218sec. The Indonesian quad then booked a gold medal in the 200m distance after … [Read more...] about Việt Nam canoeists take medal lead

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V4 countries share agricultural innovation

May 21, 2022 by vietnamnews.vn

Innovation in agriculture encourages the use of modern technologies. —Photo clf-poland.com HÀ NỘI — Experts from the Visegrad Group (V4) - the Czech Republic, Hungary, Poland, and Slovakia -  shared experience in agricultural innovation at a workshop held in Hà Nội on May 20. Őry Csaba, Ambassador Extraordinary and Plenipotentiary of Hungary in Việt Nam, said agriculture was an ever-changing, dynamic sector, the experts of which need to be ready to answer various emerging challenges, from the effects of climate change, through excessive use of inorganic fertilisers, to the high demand of agricultural products. At the event, participants had the chance to hear the introduction of V4 institutions leading agricultural research and innovation in their respective countries, as well as the opportunity to get familiar with several companies, who have innovative solutions to offer, such as those in smart agriculture, soil regeneration, nutrition, non-chemical farming, premixes and feed … [Read more...] about V4 countries share agricultural innovation

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