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This was a record loss in the history of Vietnam Airlines. The loss is expected to decrease by VND2.8 trillion when the carrier completes the procedures to adjust depreciation, and allocation of expenses on repair and maintenance in accordance with the government’s policy to help it overcome current difficulties. … [Read more...] about Earning VND10 trillion within two months, ‘boss Thuy’ enters top list of billionaires

For example, by imposing business conditions or other restrictions on new businesses, the state agency can reduce the competition faced by SOEs. Policies and institutional structures that constrain competition are not in the national interest. While constraints to competition can make individual SOEs more profitable, the resulting lack of competition stifles innovation and productivity growth. “This hurts consumers because of higher costs and less innovation and variety; hurts workers because reduced productivity growth means reduced growth in wages; hurts other investors whose firms are being constrained, and hurts the government because of increased opportunity for corruption,” Mallon explained. … [Read more...] about Reshuffle underway to further stimulate revival of economy

The Flag Tower is seen from the Meridian Gate’s upper pavilion, known as Lau Ngu Phung (Pavilion of Five Phoenixes), at the Imperial City located within the citadel of Hue in Thua Thien-Hue Province, Vietnam, after its restoration. Photo: VGP Following the completion of the comprehensive restoration, authorities have resumed tourism activities at the Meridian Gate. … [Read more...] about Meridian Gate in ancient Hue citadel open to visitors after 8 years of renovation

Included in the list are shooters Bui Thuy Thu Thuy, 18, and Phi Thanh Thao, 16, both of whom bagged plenty of medals and broke national records during a national youth shooting tournament and national championship held in 2020. Meanwhile, 15-year-old skater Tran Khanh Linh won a gold and a bronze at an international tournament, in addition to a gold at an national tournament in 2020. She was the first Vietnamese representative to compete at the World Skate Oceania and the Junior Grand Prix, a series of junior international competitions which is organised by the International Skating Union. Among the honoured athletes, 29-year-old captain of the national women’s football team Huynh Nhu makes the list, alongside Minh Tri, 24, a member of Vietnamese futsal team, and Nguyen Linh Chi, 30, a volleyballer of the LienVietPostBank team. In the coach category, Ngo Thi Ngan Ha, 31, of the national shooting team, is the youngest coach to be considered among those with outstanding records … [Read more...] about Young athletes of the year 2020 to be honoured

After trimming, "skeletons" of yellow apricot trees are transferred to a special care unit. Several trees here, worth up to VND300-600 million ($13,000-26,000), have died because of the unexpected weather conditions. … [Read more...] about Blooming yellow apricot flowers have Saigon farmers in a sweat