Face fat loss

State President Nguyen Xuan Phuc (C) meets outstanding workers in oil and gas sector (Photo: VNA) Hanoi (VNA) – State President Nguyen Xuan Phuc on June 25 met 70 officials and workers in the oil and gas sector who stood out in the good and creative labour emulation movement in the 2017-2022 period . Despite numerous difficulties in the period, the Vietnam National Oil and Gas Group has had over 2,800 topics, initiatives and solutions applied in the reality, which have produced a total estimated profit of over 500 million USD. The leader said the group, with its over 60,000 workers, has become an economic-technological spearhead that helps ensure sufficient supply of fuel to economic sectors and plays an important role in realising the sea strategy and safeguarding national sovereignty in the sea. State President Nguyen Xuan Phuc presents late President Ho Chi Minh's portraits to outstanding workers (Photo: VNA) Affirming that the participants at the meeting … [Read more...] about State leader praises outstanding workers in oil, gas sector

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 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