Overseas vietnamese

Hanoi (VNA) - There will be temporarily no commercial flights to bring home overseas Vietnamese who voluntarily pay for quarantine fees, foreign ministry spokesperson Le Thi Thu Hang said on December 3.  Speaking at the ministry’s regular press conference, Hang said relevant agencies will only conduct flights to repatriate those who are in extreme difficulties and circumstances.  With the aim of leaving no one behind, Vietnamese agencies have coordinated with domestic and foreign airlines to organise flights to bring Vietnamese citizens home safely, in accordance with quarantine capacity at home. More than 240 flights have been conducted so far to repatriate over 66,000 Vietnamese from some 50 countries and territories, she said.  Asked about bad deeds regarding entry into Vietnam, Hang said in order to realise the dual goal of containing the pandemic and boost economic recovery, the Government has opened doors to foreign diplomats, experts, and … [Read more...] about Vietnam yet to conduct commercial flights repatriating overseas Vietnamese: Spokesperson

HCM City (VNA) – Despite negative impacts of the COVID-19 pandemic, remittances Ho Chi Minh City received through commercial banks and economic organisations are forecast to reach 5.5 billion USD this year, a slight increase from 2019. In the first ten months, the figure was 4.7 billion USD. Some local commercial banks even posted an annual surge in their remittances. Deputy General Director of Sacombank Nguyen Minh Tam said the remittances sent home via his bank in 2020 are likely to triple the figure for 2019. He attributed the soaring number to Sacombank’s application of its API online payment method, which has facilitated its Vietnamese expatriate and guest worker customers amid the pandemic. Their incomes have been affected by COVID-19, but the amount of their foreign currencies channeled into Vietnam has gone up significantly thank to online transactions, Tam said. However, in a broader scale, negative impact of the pandemic on the flow of remittances to Vietnam … [Read more...] about Remittances to HCM City merely impacted by COVID-19

Last year, a series of casinos in the northern province of Quang Ninh’s Halong and the southern province of Ba Ria-Vung Tau’s Ho Tram continuously reported losses. The 2019 consolidated financial statements of Hoang Gia International JSC, the operator of The Royal casino in Halong, recorded a loss of over VND72 billion ($3.13 million). The casino has reported a loss of tens of billions of VND annually since 2013. … [Read more...] about Betting the pot on improved casino investment conditions