Phu quoc

Carrying 400 passengers together, the flights using Airbus A321 aircraft landed in Da Lat’s Lien Khuong Airport and the Cam Ranh International Airport. The new links have pushed the number of routes operated by the carrier between Hanoi and other localities to five, offering more flight options for passengers. Earlier, the airline  had already run flights to Da Nang, Phu Quoc and Quy Nhon. Vietravel Airlines on May 25 officially launched direct flights connecting two Central localities of Vietnam – Cam Ranh and Da Nang with Macau (China). As of the first quarter of 2023, Vietravel Airlines, which made its debut in late 2020, had operated over 11,600 flights safely and carried close to 2.5 million passengers, with an average occupancy rate of 93.7%. The carrier aims to serve 900,000 passengers in the second and third quarters of this year. In the first quarter, Lam Dong and Khanh Hoa served 1 million and 2 million visitors, respectively. Source: VNA … [Read more...] about Vietravel Airlines opens route from capital to Da Lat, Cam Ranh

Ngo Quang Phuc, CEO of Ho Chi Minh City-based developer Phu Dong Group, said, "Along with overly complex legal procedures, the high cost of lending remains a major concern to both real estate firms and house buyers, and it's having an effect on those with a pressing demand for accommodation." Lending rates currently stand at between 13-14 per cent. The State Bank of Vietnam (SBV) reduced the regulatory interest rate for the third time in three months on May 25 to boost the economy with the expectation of enticing money back into the real estate market. Some encouraging results were reported following the SBV’s rate reduction, but despite some improvements, the current level of liquidity is a fraction of what was available several years ago. "However, we will need to wait a little bit longer to see any real effect from this rate reduction decision," Phuc said. Similarly, Nguyen Ba Sang, chairman of An Gia Real Estate Investment and Development Corporation, … [Read more...] about High interest rates cast shadow over real estate

OCOP-POS, a store chain focused on displaying and distributing products in the One Commune One Product (OCOP) program, is expected to contribute to the consumption of verified domestic goods. Hanoi's consumers can now shop OCOP products at the first Point of Sale (POS) showroom in Noi Bai Industrial Zone, Quang Tien Commune, Soc Son district, on the outskirts of Hanoi. The first-ever OCOP-POS showroom is located in Soc Son District. Photo: Hanoimoi newspaper This is one of the four OCOP-POS retail stores that OCOP Global Cooperative will open in cooperation with the District People's Committee in June and July. At the opening ceremony on June 6, Nguyen Ngoc Yen, Chairman of the Board of OCOP Global Cooperative, said that with the support of the Hanoi Cooperative Alliance, the cooperative had focused its resources on the development of the OCOP-POS distribution channel for the display, introduction, and sale of OCOP products in Hanoi and other … [Read more...] about Opening of first ever OCOP-POS showroom in Hanoi

The Investment and Trade Promotion Center of Ho Chi Minh City (ITPC) and Ho Chi Minh City Association of Mechanical–Electrical Enterprises are jointly organizing the “Ho Chi Minh City Products Week 2023 - Mechanical and Electrical Devices and Digital Technology” which attracts the participation of over 40 businesses. Exhibitors are showcasing machinery, electrical equipment, digital technology services and solutions, logistics services supporting the mechanical engineering and electrical equipment manufacturing industry, and warehouse storage solutions. According to Tran Phu Lu, ITPC Deputy Director, the products selected by businesses to showcase in the exhibition are reputable and high-quality items with beautiful designs and advanced technology, which also incorporate digital technology and automation in their applications. The expo, to go on until June 7, is part of a city trade promotion campaign to help mechanical and electrical businesses promote their brands and products. … [Read more...] about Ho Chi Minh City seeks to promote export of mechanical products

Stemming from Resolution No.90/CP in August 1997 on the direction and policy of promoting private engagement in educational, medical, and cultural activities, Vietnam has a proud history of crafting policy on the nation’s health. They include legislation on development of non-public service providers, as well as encouraging private investment in education, vocational training, sports, the environment, and lots more. Prof. Dr. Nguyen Van De - chairman of the Vietnam Private Hospital Association Over the past decade or two, these policies have been updated and amended in order to strengthen Vietnam’s framework in this area. These policies have created favourable conditions for localities to organise, apply, implement, and have clear and transparent mechanisms and policies, especially administrative reform in attracting investment for health projects. More importantly, we have attracted many resources, specifically from businesses and capable investors both at home … [Read more...] about Modern policy for private hospitals

Bodhisattva Thich Quang Duc ’s self-immolation commemorated in HCM City. (Photo: VNA) HCM City (VNA) - A ceremony to commemorate Bodhisattva Thich Quang Duc, who set himself on fire 60 years ago to protest against the repression of Buddhists by the American-supported Saigon Government, was held at Viet Nam Quoc Tu pagoda in Ho Chi Minh City on June 7. At the ceremony (Photo: VNA) Most Venerable Thich Quang Duc was born as Lam Van Tuat in Van Khanh commune, Van Ninh district, the central province of Khanh Hoa in 1897. religious freedom and equality in the southern region when it was governed by the US-backed Saigon administration. self-immolation is a noble example of sacrifice and pure patriotism for the independence and unification of the country, the survival of the Buddhism and freedom of belief, sparking a sense of national solidarity among Buddhist sects across the country. VBS , and promote the patriotic tradition and the bonds between Buddhism and the … [Read more...] about Bodhisattva Thich Quang Duc’s self-immolation commemorated in HCM City

The construction ministry has raised two reasons for the non-disbursement of the credit package of VND120 trillion (US$5.14 billion) launched by the government about two months ago for developing projects to build social houses and houses for workers, and upgrade deteriorated apartment buildings. In a recent report to the Prime Minister in relation to the credit package, the ministry said around 100 projects for building social houses and houses for workers have been licensed for construction but local authorities have yet to publicly announce lists of specific projects. Therefore, banks related to this package have not been able to provide loans sourced from this package to investors and buyers in such projects, the ministry said. The second reason that blocked the disbursement of the package is that most of these projects have yet to be ready for implementation as they remain in the completion stage for investment procedures. Earlier, at a recent conference on building one … [Read more...] about Construction ministry explains why $5.14bn credit package yet to be disbursed