Cam Ranh International Terminal Company announced on May 19 that budget airline Vietjet Air of Vietnam will re-operate an air route connecting Cam Ranh airport (Khanh Hoa) and Incheon airport (Republic of Korea). According to the plan, VietJet Air will run two flights a week, every Wednesday and Friday, on the air route, starting on May 20. Cam Ranh airport is scheduled to receive plane coded VJ837 carrying approximately 160 passengers on board from Incheon at 13:15 on May 20, kick-starting the resumption of the route. Meanwhile, a Cam Ranh – Incheon plan is scheduled to take off at 02:55 on May 20, carrying 33 passengers on board. Vietnam announced a decision to reopen its borders to international travelers as of March 15, and the resumption of the Cam Ranh –Incheon air route is expected to support tourism recovery in Khanh Hoa province. … [Read more...] about VietJet Air resumes Cam Ranh – Incheon air route
International travel
Forum held on digital transformation for sustainable tourism
HÀ NỘI — The tourism sector must apply digital transformation to secure sustainable development, according to dozens of participants at a forum on the topic held in Hà Nội on May 18. Titled "Green Light for Tourism to Take Off Part 2: Digital Transformation: Diving Force for Sustainable Development", the forum gathered dozens of experts from State management agencies, tourism authorities, localities, and IT. The first part of the forum held in March focused on opening doors to international tourists. Hoàng Quang Phòng, deputy chairman of the Vietnam Chamber of Commerce Industry, said at the end of 2018, the Prime Minister issued Decision No 1671/QĐ-TTg approving the “Master plan on applying informatics technology in the tourism field for 2018-2020, with orientation to 2025.” “Informatics technology has been applied in various tourism companies, especially hotels, resorts and big travel agencies,” Phòng said. A visitor uses a remote guide app on her mobile at the National … [Read more...] about Forum held on digital transformation for sustainable tourism
Techcombank eyes seat at top Southeast Asian banking table
"Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us deliver stellar performance year after year," said Jens Lottner, CEO of Techcombank. Last year, the bank continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a "stable and cheap" source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 percent in 2020 to 50.5 percent last year, on its way to the bank’s target of 55 percent by 2025. Techcombank’s net interest margin (NIM), a measure of the difference between the interest received by the bank and the amount paid out to lenders, also increased 69 basis points to 5.6 percent during the year. "Together, these improving metrics, along with our effective cost management, translated into an excellent profit before tax … [Read more...] about Techcombank eyes seat at top Southeast Asian banking table
Da Nang hosts Vietbuild 2022
Up to 200 domestic and overseas businesses are joining International Vietbuild Exhibition 2022 in Da Nang. — Photo cafeland.vn The International Vietbuild Exhibition 2022 is underway in the central city of Da Nang with the participation of more than 200 domestic and overseas businesses. The exhibition showcases a wide range of products in construction, building materials, exterior-interior decoration, solar energy machines, and smart home technologies in 1,000 booths. In his speech at the exhibition's opening ceremony on Wednesday, Deputy Minister of Construction Nguyen Van Sinh praised the event's contribution to supporting the implementation of State guidelines and policies on construction and real estate, trade promotion, technology transfer, brand development and investment co-operation. It would also help connect supply and demand, especially in the context of the country's economic recovery after the COVID-19 pandemic, Sinh said. Meanwhile, organisers said the event … [Read more...] about Da Nang hosts Vietbuild 2022
NA Chairman Hue welcomes Greek President
The top Greek leader is on her first official visit to Vietnam. The legislator congratulated Sakellaropoulou as the first female President of Greece, a country with an important position in Europe. Chairman Hue said he believed that the president's visit to Vietnam is an important step, helping to further promote the traditional friendship and multifaceted cooperation between the two countries. He expressed delight that the friendship and multifaceted cooperation between the two countries has been continuously strengthened and developed, which is demonstrated by exchanges of delegations at all levels. National Assembly Chairman Vuong Đinh Hue meets Greek President Katerina Sakellaropoulou in Hà Nội on Wednesday (Photo: VNA/VNS) The cooperation in trade and economy has developed positively, particularly since the Europe-Vietnam Free Trade Agreement (EVFTA) was implemented. Chairman Hue proposed the two countries continue promoting cooperation in areas that are … [Read more...] about NA Chairman Hue welcomes Greek President
HCMC cooperates with USAID to ease container congestion at Cat Lai Port
Many delegates discuss solutions to reduce congestion at Cat Lai Port in HCMC. (Photo: SGGP) The workshop attracted more than 70 delegates from customs authorities, ministries, and the business community to discuss this action plan. At the workshop, the relevant units announced 21 recommendations to improve the operational efficiency of Cat Lai Port to meet the increasing demand. Before the Covid-19 pandemic, the port was operating at full capacity. Meanwhile, the demand calculated by the number of containers is forecast to double by 2030. The above 21 recommendations are the results of a pre-feasibility study on congestion prevention and logistics facilitation at Cat Lai Port conducted by the Trade Facilitation Project funded by the USAID from May 2020 to March 2021. The study comprehensively reviewed port operations on an area of 160 hectares to assess operational efficiency, bottlenecks, and shortcomings in the process of enhancing the handling capacity of the port. On … [Read more...] about HCMC cooperates with USAID to ease container congestion at Cat Lai Port
Center hoped to help link, consume agricultural products in Mekong Delta
At the conference (Photo: SGGP) The Center for linking production, processing, and consumption of agricultural products in Can Tho City was established with the expectation that by 2050, it will become the central transport node in large metropolitan areas with smart technology. The center will be the focal point of the chain of smart production, processing, and consumption centers in the region. In this link chain, about 50 percent - 70 percent of the production processes are done automatically and intelligently. Speaking at the conference, Chairman of the Can City People's Committee Tran Viet Truong said this is an important conference to get opinions from ministries, sectors, and localities in the region, step by step perfecting the project in the most feasible direction before submitting it to the Government. The Center aims to contribute to the construction of Can Tho City into the central city of the Mekong Delta region, contributing to the development of the region’s … [Read more...] about Center hoped to help link, consume agricultural products in Mekong Delta
Conference discusses Public-Private Partnerships in healthcare
A panel discussion at the conference on strengthening ‘Public-Private Partnership for sustainable healthcare transformation’ in Hanoi on May 18. (Photo: VNA) Opening the event, the newspaper's editor-in-chief Le Trong Minh said that Vietnam's health sector faced many challenges, such as increasing infectious and non-communicable diseases, hospital overcrowding, shortage of supplies and equipment, the ageing population as well as the disparity between regions and healthcare levels in terms of quality of medical services and standardisation of modern equipment. “For the health system to be capable and always ready to respond to future situations, towards a comprehensive and sustainable health care system, it is necessary to have new investment orientations in social resources for the health system, as well as stronger cooperation from the parties involved, including the Public-Private Partnership (PPP) method,” said Minh. At the event, MPI deputy minister Tran Duy Dong said it … [Read more...] about Conference discusses Public-Private Partnerships in healthcare
SEA Games 31: ticket sold out, no room near stadium before men’s football final
Three fans from Thanh Hoa are finding a room near the stadium (Photo: SGGP) On the way, two groups of fans with nearly 10 people were caught asking locals about renting hotels and accommodation. However, they hardly found a hotel room near the stadium where the match will take place, so they then drove the car to continue searching. Mr. Quan – a fan from Thanh Hoa Province who has just arrived in Viet Tri City after 5 hours of driving - said that he took his family members to Phu Tho to watch U23 Vietnam play the semi-finals. Because it is still early, he wanted to rent a hotel or motel room to rest. He moaned no more rooms near the stadium as he wanted a room near the yard to walk to the stadium. He planned when the match finished, he and his family members went back to the hotel for sleeping and in the next day, they will visit some places before returning to Thanh Hoa. Mr. Quan bought a few glasses of sugarcane juice to fuel up before continuing to search for a hotel to … [Read more...] about SEA Games 31: ticket sold out, no room near stadium before men’s football final
U.S. experts laud PM Chinh’s speech at CSIS
The speech, themed “Sincerity, trust and responsibility for a better world,” focused on how Vietnam sees the world today, the role of sincerity, trust and responsibility in a turbulent world, and what the country needs to do in order to demonstrate sincerity, and bolster trust and responsibility, for a better world. It underlined Vietnam’s willingness to cooperate with the international community to deal with issues that all countries, small or large, rich or poor, have to settle together, while affirming in a world full of turbulence, strategic competition and a great many choices, Vietnam picks no side. “Instead it chooses justice, fairness and goodness, based on the principles of international law and the U.N. Charter. It chooses equality, shared benefits for all, and win-win for all.” Gregory B. Poling, Director of the CSIS’s Southeast Asia Program and Asia Maritime Transparency Initiative, said that the Vietnamese PM’s speech conveyed important and comprehensive messages, and … [Read more...] about U.S. experts laud PM Chinh’s speech at CSIS