International transport

The Ministry of Transport has announced a plan to strengthen inspection and crack down on taxi drivers' illegal practices, such as enticing passengers, overcharging or refusing to take passengers at the country's busiest airport, Tân Sơn Nhất International Airport in HCM City. Taxis enter to pick up passengers at HCM City's Tân Sơn Nhất International Airport. Deputy Minister Lê Anh Tuấn has urged inspectors from the city's Department of Transport, in cooperation with leaders of the Tân Sơn Nhất International Airport and the Southern Airport Authority, to punish taxi drivers who refuse to take passengers, as well as those who impose unreasonably high extra charges. Tuấn has also asked units to arrange pick-up and drop-off areas, creating favourable conditions for buses, taxis, and app-based vehicles to park, pick up and drop off passengers. This is among measures taken to solve the recent overcrowding at the country's busiest airport, with … [Read more...] about Transport ministry clamps down on taxi drivers overcharging at Tân Sơn Nhất Airport

Young people are interested in taking a cruise through Saigon by waterbus Although it is a weekday, at 8:30 a.m., passengers including domestic tourists to foreigners gathered at the waiting hall at Bach Dang wharf in District 1 to take the river bus route No. 1. They were excited to travel by waterbus. The journey of a river bus departed from Bach Dang wharf on the Saigon River in District 1 through Thanh Da canal to Saigon River in Binh Thanh District and to Linh Dong wharf in Thu Duc City. Sitting in the boat compartment, the surrounding scenery is worth experiencing compared to taking other public transport on the road. On the far shore is the city's expanded commercial area, then the Thu Thiem 2 bridge across the Saigon River - a new symbol of Ho Chi Minh City chosen by many young people as a check-in point every weekend and Landmark 81 skyscraper - the tallest building in Vietnam. When the massive riverside mansions are out of sight, the route will cut through the Thanh … [Read more...] about People interested in taking cruise through Saigon by river bus

The province, 380 kilometers to the northwest of Hanoi, said some investors have expressed interest in building the airport. It will be built under public-private partnership, the province People’s Committee added. The Lai Chau Airport project was outlined in the 2018 Air Transport Development Plan. It will span 167 hectare of land and be located in Tan Uyen district, east of the province’s capital town. Currently there is only one airport in Vietnam’s northwest region, the Dien Bien Airport, and the Ministry of Transportation eyes adding four by 2030. Lai Chau is a mountainous province that shares 265 kilometers of border with China, and only connects with Hanoi via National Highway 32. The route is prone to landslides in rainy seasons. Vietnam currently has 22 civilian airports, including 10 international air hubs. Tan Son Nhat in HCMC and Noi Bai in Hanoi are the country’s two biggest airports. … [Read more...] about Northern Lai Chau Province seeks its own airport

Cao Son Coal, the company with the largest mining output in Vietnam, on July 19 announced to improve and expand the capacity of the Cao Son coal mine in Cam Pha in the northeastern province of Quang Ninh, to meet high production requirements. Coal mining companies are increasing output to deal with power generation shortages, Le Toan The mine has total reserves of almost 52 million tonnes, with a designed capacity of about 4.5 million tonnes per year. By upgrading the reserves, Cao Son’s coal mine is expected to complete a record high mining output of 6.78 million tonnes in 2022. Phan Quoc Viet, director of Cao Son Coal, said, “We have mobilised equipment to maximise the exploitation of raw coal at the Cao Son mine. In 2021, we achieved a mining output of over 6.4 million tonnes.” Many miners feel that Cao Son Coal’s plan to increase output faces many challenges, especially considering the increasingly difficult and complex open-pit mining conditions. Similar to … [Read more...] about Power shortage worries increase hunger for coal

At the conference on August 11, MPI Minister Dung said that thanks to the control of the pandemic and the maintenance of macroeconomic stability, the business sector has reported a positive recovery recently. As of July, the whole country had about 871,000 operating enterprises with tax incurred, an increase of nearly 13 per cent compared to 2021. In the first seven months of 2022, the number of enterprises entering and returning to the market, as well as additionally registered capital into the economy, increased sharply. The number of enterprises entering and re-entering the market was over 130,000 enterprises, an increase of 26.8 per cent on-year, 1.4 times higher than the number of enterprises withdrawing from the market. The total registered capital added to the economy in the first seven months of 2022 reached over $143 billion, an increase of over 37 per cent on-year. According to reports from business associations, the market has recovered over 75-85 per cent compared … [Read more...] about Utilising every opportunity to grow and overcome challenges

At the end of July, Samsung Electronics announced the first shipment of 3-nanometer semiconductors, the first of its kind worldwide. The move marks an important milestone in the race to develop the most advanced and efficient chip in the market. Tungsten riches not yet in grip of giants, illustration photo/ freepik.com The advancement in the sophisticated chipmaking technology, which helped Samsung beat foundry rival TSMC of Taiwan, is expected to bring the group more customers looking for powerful chips that enable smaller, faster, and more efficient technology products. TSMC and Samsung have been engaged in intense competition to overtake each other by introducing the most cutting-edge and effective chips to the market and gaining clients for contract chip manufacturing. In the first quarter of this year, the worldwide foundry market was dominated by TSMC with 53.5 per cent of the market share, followed by Samsung with 16.3 per cent, according to industry tracker … [Read more...] about Tungsten riches not yet in grip of giants

As of increasing passengers in July, 41 flights are cancelled due to technical factors and late flights. The on-time rate of flights was only 81 per cent out of the total of more than 33,200 flights. — Photo cafef.vn The number of air passengers reached nearly 12 million, an increase of more than 40 per cent in July compared to pre-COVID, said the Civil Aviation Administration of Viet Nam (CAAV). Along with a sharp increase in the number of passengers, flight cancellations and delays also increased rapidly, partly due to subjective errors from airlines, adding the local airports served, of which domestic passengers flew more than 10.5 million times, an increase of nearly 6 per cent compared to June. CAAV said flight delays and cancellations in the past month had increased dramatically many times, causing frustration in public and affecting the quality of aviation services. The matter was partly due to many bottlenecks in the airport infrastructure and unusual weather, said … [Read more...] about Air passengers reach record number, delays and cancellations increase

Vietnam Airlines signs a strategic cooperation agreement with T&T Group and SHB Bank (Photo: VNA) Hanoi (VNA) - The national flag carrier Vietnam Airlines has signed a strategic cooperation agreement with T&T Group and SHB Bank; and a Memorandum of Understanding (MoU) with T&Y SuperPortTM - a joint venture between T&T Group and YCH Group of Singapore. The agreements are expected to not only boost business efficiency and affirm the position and competitiveness of the signatories but also contribute to expanding the strategic cooperation between Vietnam and Singapore. Under the deals, the parties will prioritise using each other's products and services and jointly exploit the potential and strengths of each party to create outstanding synergistic values for the Vietnamese businesses and economy. Vietnam Airlines will provide international standard air transport services on the basis of promoting its strength as a modern fleet of over 100 aircraft , and its … [Read more...] about Vietnam Airlines expands partnerships to boot multi-sector business