Vietnam's National Assembly Chairman Vuong Dinh Hue visited Albertirsa City on Sunday, where he had talks with Deputy Speaker of the Hungarian parliament István Jakab, concentrating on agricultural cooperation, as part of his ongoing visit to Hungary. Hue arrived in Budapest late on Saturday afternoon (local time) for an official visit from June 26 to 28, at the invitation of Hungarian National Assembly Speaker László Kövér, Nhan Dan (People) newspaper reported. In his meeting with Deputy Speaker Jakab, Hue thanked him for spending time accompanying the Vietnamese delegation’s visit to Albertirsa and a processing factory of Mirelite Mirsa Co. Ltd., an outstanding local enterprise in clean and green agriculture. The host and guest affirmed that the two sides should focus on promoting cooperation in agriculture, especially when Hungary has strengths in such fields as cultivation, processing, marketing, and distribution. They agreed that there remains ample room for the two … [Read more...] about Vietnam’s top legislator meets Hungarian parliament deputy speaker, focusing on agriculture cooperation
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Vietnam Airlines plans to restore its entire flight network by the end of 2023
In the first six months of 2022, Vietnam Airlines has resumed flights to 14 countries and territories, including the UK, France, Germany, Australia, the US, Japan, Korea, Thailand, Malaysia, Singapore, Laos, Cambodia, Taiwan, and Hong Kong. Lately, the airline has opened a new route to India and is preparing the necessary conditions to immediately reopen flights to China, Myanmar, and Russia when the conditions permit. The national carrier is expected to resume flights to Indonesia in July and key international routes to Japan, Korea, and Australia in November at the same flight frequency as in 2019. It hopes that it will be able to restore the entire international flight network, equivalent to that in 2019 by the end of 2023. The gradual restoration of international flight routes is an opportunity for Vietnam Airlines to improve the usage efficiency of resources, increase revenue, improve production and business results, reduce losses, and aim at profits in the following years. … [Read more...] about Vietnam Airlines plans to restore its entire flight network by the end of 2023
New damselfly found in central Vietnam
A new species of damselfly, an insect closely related to the dragonfly, has been discovered by a researcher from Da Nang’s Duy Tan University studying biodiversity in the Central Highlands province of Kon Tum. Damselflies and dragonflies are indicative of the water quality and general health of an ecosystem. They also help protect crops from pests. Dr. Phan Quoc Toan first wrote publically about the newly discovered species in an article published in the international journal of Zootaxa in early February, where he announced it would be named Coeliccia lecongcoi in honor of the scientific contributions made by Le Cong Co, the first president of Duy Tan University in the central city of Da Nang. Two damselflies of the Coeliccia lecongcoi are seen in tandem in this photo taken from Phan Quoc Toan’s paper published in Zootaxa in February 2019 . Phan Quoc Toan shows Coeliccia lecongcoi, the latest damselfly that he found in Vietnam and was featured in a … [Read more...] about New damselfly found in central Vietnam
Australia pledges to beef up strategic partnership with Vietnam
Visiting Australia's Minister for Foreign Affairs Penny Wong has affirmed that her nation will continue promoting its strategic partnership with Vietnam and always attaches importance to the Southeast Asian country's role in the region. She was speaking at her talks with her Vietnamese counterpart Bui Thanh Son in Hanoi on Monday as part of her three-day official visit to Vietnam from June 26 to 28 at Son’s invitation. Wong told her host that Australia highly values Vietnam’s role and position in the Association of Southeast Asian Nations (ASEAN), the region and the world, and that the new Australian government in which she is a member will continue strengthening the strategic partnership with Vietnam to boost the bilateral ties to a new height. The diplomat also stated that her country highly values cooperation with ASEAN, appreciates its central role, and will continue to promote cooperation with the bloc for the sustainable development of the Mekong sub-region. … [Read more...] about Australia pledges to beef up strategic partnership with Vietnam
Vietnam tennis ace reaches new height on world ranking
Nam has climbed 29 places after the ATP included the third M15 title he won in Tay Ninh two weeks ago. The 25-year-old is in the best form of his career so far, having won all three of his most recent tournaments. The three titles helped Nam jump 113 places on ATP rankings in just three weeks, from 477th on June 6 to 364th on June 27. This is also Nam's highest position on the world ranking to date. In late 2018, he reached the 385th position, but then the Covid-19 pandemic prevented him from playing in both domestic and international tournaments. There was a moment when Nam was close to exiting the top 1000. There are also five other Vietnamese players in the world rankings, but all of them remain outside the top 1,000, namely Vu Ha Minh Duc (1,516th), Nguyen Van Phuong (1,586th), Trinh Linh Giang (1,698th), Tu Le Khanh Duy and Nguyen Dac Tien (both at 1,801st). … [Read more...] about Vietnam tennis ace reaches new height on world ranking
Rising costs cast doubt on wood companies growth prospects
Inside a wood production line of Truong Thanh Furniture Corporation. — Photo truongthanh.com As wood export turnover is rebounding with rising demand in the domestic market, the revenues of wood enterprises are expected to advance. However, skyrocketing prices of raw materials and logistics costs will weigh on these companies’ gross profit margin in 2022. VNDIRECT Securities Corporation (VNDIRECT) estimated that the total revenue of listed wood and wood products companies in the first quarter (Q1) of 2022 rose by 10.2 per cent year-on-year thanks to the recovery of wood producers in the south. After the social distancing order was lifted, most wood companies in the southern region resumed operations at 90 per cent capacity in the first quarter of 2022, while in the second half of 2021 it was only 60-65 per cent. The export wood enterprises achieved better business results in Q1 of 2022. Specifically, Truong Thanh Furniture Corporation (HoSE: TTF) and Phu Tai JSC (HoSE: PTB) … [Read more...] about Rising costs cast doubt on wood companies growth prospects