A plane of Vietnam Airlines (Source: VNA) Quang Binh (VNA) – The Vietnam Airlines Corporation is planning to raise the flight frequency between Hanoi and Dong Hoi city of central Quang Binh province to meet growing travel demand, according to the provincial People’s Committee. From August 1 to October 29, seven flights will be added to each of the Hanoi - Dong Hoi and Dong Hoi - Hanoi routes every week. That will bring the total number of the firm’s round-trip flights between the two destinations to 21 per week, including 14 flights operated by Vietnam Airlines and seven by Pacific Airlines. The People’s Committee said the corporation has been effectively operating the route linking Hanoi and Quang Binh, which has helped facilitate air travel and contributed to local tourism development. Quang Binh welcomed more than 916,000 tourist arrivals in the first seven months of 2022 and earned over 1 trillion VND in tourism revenue, respectively rising 69% and 76.7% … [Read more...] about Flights linking Hanoi, Dong Hoi to increase
Flight plans x plane 11
Vietjet offers 888,888 tickets with discount up to 88%
Vietjet aircraft (Photo courtesy of Vietjet) HCM City (VNA) - Beginning the exciting autumn season in August, Vietjet offers an attractive promotion programme "Double day, great sale, comfortable flight" not to be missed. From 0:00 on August 8 , 2022 to 24:00 on August 10, 2022, Vietjet opens sales 888,888 promotional tickets with a discount up to 88% on all domestic and international routes. Accordingly, customers when booking Eco tickets at website www.vietjetair.com, Vietjet Air mobile app, Facebook at www.facebook.com/vietjetvietnam (the "Booking" section) can immediately use the promotion code VIETJET88 to receive up to 88% discount on fares, excluding taxes and fees. Promotional tickets are applied to all domestic routes across Vietnam and international destinations imbued with cultural identity, paradises of relaxation and shopping, as well as having exciting experiences in India, South Korea, Japan, Indonesia (Bali), Thailand, Singapore, Malaysia... with … [Read more...] about Vietjet offers 888,888 tickets with discount up to 88%
Rough waters remain in fuel price pressure
The Government Office last week issued Dispatch No.4648/VPCP-KTTH to the Ministry of Finance (MoF) requiring it to continue proposing a reduction of taxes and fees related to fuel and consumption, especially those that can cause an increase in input costs for production and business. Rough waters remain in fuel price pressure “This aims to help reduce costs and selling prices of products in service of exports, production, and business, contributing to controlling inflation and supporting the government’s monetary policy in the short and medium term,” the dispatch stated. The MoF has also proposed to the government a plan to halve the preferential import tax for petrol and oil from the existing 20 to 10 per cent, in order to help reduce the prices of these items in the local market. Meanwhile, the Vietnamese government has also submitted to the National Assembly a plan on reducing the special consumption tax and VAT for October. According to the General Statistics … [Read more...] about Rough waters remain in fuel price pressure
HCMC to digitize land records to create shared data for all districts
Participants at the program called People Ask - Government Answers The Deputy Director made the state at a program called People Ask - Government Answers with the topic ‘Reform of administrative procedures in the field of administrative law in the field of administrative law" land and construction sector’ organized by the People's Council in Ho Chi Minh City in collaboration with the Television Station and the Department of Information and Communications with the participation of Nguyen Thi Le, Chairwoman of the municipal People's Council. During the program, voters posed many problems for delegates and guests. Specifically, voter Tran Viet Trung in Thu Duc City said that people who go to administrative procedures for land are looking forward to knowing how their dossiers have been handled. In fact, some state agencies make an appointment to return the land records but they didn’t write a detailed date. Meanwhile, voter Nguyen Dinh Tue from the HCMC Union of Business … [Read more...] about HCMC to digitize land records to create shared data for all districts
Giants reshape retail pharmaceutical market
A Long Chau drugstore. The pharmaceutical retail market was seeing the rapid expansion of modern drugstore chains. — Photo FPT Retail The winds of change are blowing through Viet Nam’s retail pharmaceutical industry, with giants wrapping up investments to establish modern retail chains in an anticipated fast-growing market, which mom-and-pop stores currently dominate. After Pharmacity, FPT’s Long Chau, and Mobile World Investment Corp’s An Khang pharmacy chains, Masan Group is supposedly gearing up preparations to enter the pharmaceutical retail market. According to the national portal about business registration, Winphar Trading Services Corporation was founded on March 31 with WinCommerce, holding a stake of 80 per cent, Do Thi Hoang Yen and Tran Phuong Bac, 10 per cent each. WinCommerce, a member of Masan Group, currently operates the most significant nationwide grocery modern trade retail platform Winmart and Winmart+ while Yen and Bac both held important positions at … [Read more...] about Giants reshape retail pharmaceutical market
Stock market to benefit from unexpectedly strong domestic growth: VinaCapital
Viet Nam has the cheapest valuations and second highest EPS growth in Southeast Asia, as this table shows. — Source VinaCapital “Viet Nam’s economy is even stronger than we had expected at the beginning of the year, but that strength is not reflected by higher stock prices due to the [US’s] aggressive rate hikes and the recent regulatory crackdown in Viet Nam,” Michael Kokalari, chief economist at VinaCapital, has said in a report. “That said, we expect over 20 per cent [company earnings] growth in 2022, which should support a recovery in the VN-Index by the end of 2022.” July economic statistics have not only reinforced VinaCapital’s forecast of 7.5 per cent GDP growth in 2022 but also make it look like the economy would grow by a stunning 10 per cent year-on-year in the current quarter, he said. “Our expectation that Viet Nam’s economy will grow by at least 7.5 per cent this year (and by at least 10 per cent in Q3) leads us to believe that the consensus forecast for 16 per … [Read more...] about Stock market to benefit from unexpectedly strong domestic growth: VinaCapital