An aircraft of Vietnam Airlines at Buôn Ma Thuột Airport in Đắk Lắk Province.— VNS Photo Thanh Hải Viet Nam needs policies to support and remove difficulties for domestic airlines to regain their growth momentum in the post-COVID recovery period, transport experts said yesterday. At the seminar "Restoring and developing Viet Nam's aviation industry in a new context" organised by Communist Review, in collaboration with the Ministry of Transport (MoT), experts said the air transport industry has been seriously affected and they urge the government to create the market and the development corridor as a key to return to the growth trajectory of the aviation industry. Dinh Viet Thang, director of the Civil Aviation Authority of Viet Nam (CAAV) said: “The COVID-19 pandemic has delayed the development of the aviation industry and caused negative consequences for units in the air transport chain, especially the national airline Vietnam Airlines.” He added Viet Nam's aviation market … [Read more...] about Aviation industry needs more financial help to recover
Long thanh international airport design
Shortage of radioactive materials needs to be resolved urgently
A doctor checks the PET/CT scanner before operating it at Cho Ray Hospital. (Photo: SGGP) Exhaustedly searching places to get PET/CT scans In the past three days, Nguyen Dinh Hung, living in Binh Chanh District in HCMC, had to visit many hospitals around the city to find a place to take PET/CT scans for his mother, a patient suspected of having stomach cancer. At first, Hung went to HCMC Oncology Hospital, but the hospital said that it no longer had any radiopharmaceuticals to operate its scanner. Hung took his mother to Military Hospital 175 and then People's Hospital 115, but these two places also turned him down because their machines stopped working. Being told by his friends that only Cho Ray Hospital had a working scanner, he registered a PET/CT scan for his mother there. However, due to the overwhelming number of patients, it takes more than a month before his mother’s turn comes. "For cancer patients, a long waiting time may cause the disease to advance to a severe … [Read more...] about Shortage of radioactive materials needs to be resolved urgently
Mindset change needed to face rising inflation
Tourism is an important contributor for VN's economy. Risk of slow growth Many forecasts released recently believe that Vietnam's economy will recover stronger. The GDP growth rate in the first quarter of the year is estimated at 5.03 percent, inflation is well under control so far, and the Consumer Price Index (CPI) in the first four months of the year has increased by 2.1 percent. However, despite optimism about the prospect of recovery, all forecasts warn that Vietnam needs to be cautious with the risk of slow growth against rising inflation. Asso. Prof. Dr. To Trung Thanh from the National Economics University, said that with the pandemic situation well under control and the economy receiving a boost from the new economic recovery support package, now economic growth can reach a target of 6.5 percent as expected. However, even if the growth rate reaches 6.5 percent, the average growth rate for the period 2020 to 2022 will be only 4 percent, much lower than the average … [Read more...] about Mindset change needed to face rising inflation
Provinces lack doctors due to low income
A nurse takes care of a patient at the Vĩnh Cửu District Medical Station in the southern province of Đồng Nai. The province faces doctor shortage due to low income. — Photo baodongnai.com.vn ĐỒNG NAI — Doctor shortages have been growing across many provinces, despite efforts from the health sector to attract human resources. In the southern province of Đồng Nai, both downgraded medical stations and new ones cannot find for doctors to work, mainly due to the low income offered, said the provincial Department of Health. The province has 170 ward medical stations, but many of them do not have any doctors. The province must assign doctors from other upper-level medical stations to support, Vietnam News Agency reported. The Hưng Lộc Commune Medical Station in Thống Nhất District was built 22 years ago and its infrastructure has been seriously downgraded. It has eight medical workers to serve more than 17,000 residents. Before the COVID-19 pandemic, the station received … [Read more...] about Provinces lack doctors due to low income
Expert gives warnings about high inflation, saying immediate solutions needed
As Việt Nam’s growth momentum faces headwinds, with global recovery slowed by the impacts of the pandemic, inflation pressure and a surge in oil prices, National Assembly Deputy Trần Hoàng Ngân talks to Tuổi Trẻ (Youth) newspaper about the need to have appropriate measures to put inflation under control before it’s too late. You have previously proposed using environmental protection and special consumption taxes to control the increase in gasoline prices, why do you persist with this view? Experiences from economic development in Việt Nam and around the world show that high inflation is very dangerous. Therefore, it is necessary to closely monitor the situation and come up with timely solutions. When high inflation occurs, to control it, banks often raise interest rates, which will turn everything upside down and is a very dangerous move for the economy. Therefore, it is necessary to persist in preventing the problem as soon as symptoms of high inflation show. One of … [Read more...] about Expert gives warnings about high inflation, saying immediate solutions needed
Deputy PM busy with meetings on threshold of WEF meeting
At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khai said that Vietnam has been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realize commitments made at COP26. The official underlined that ensuring energy security for growth and reducing emissions at the same time is a very complicated problem that requires the support of the international community in terms of resources, technology, and governance capacity. Therefore, he said that Vietnam hopes that the U.K., the European Union (E.U.) and other member states of the Group of Seven (G7) will soon make specific commitments to supporting Vietnam in this area. For his part, Sharma held that Vietnam has made a proper decision to announce the net-zero emission commitment at the COP26, lauding Vietnam’s efforts to realize the commitments, … [Read more...] about Deputy PM busy with meetings on threshold of WEF meeting