Vietnamese airlines are suffering losses amounting to hundreds of billions of VND each month due to a surge in fuel prices, according to director of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang. Illustrative image (Photo: VNA) At a conference of the Transport Ministry reviewing its work in the first half of the year on June 28, Thang said as fuel costs account for 40-50% of operation costs, revenues increases are not sufficient to compensate for high fuel prices. He said domestic aviation transport has fully recovered with higher growth than in the pre-pandemic period. However, Vietnamese carriers have not fully escaped difficulties due to the slow recovery of the international market. It was reported at the conference that in the first half of the year, the number of international air passengers has increased monthly, from 103,500 in January to 127,000 in February, 224,600 in March, 445,700 in April, 650,000 in May and an … [Read more...] about Domestic air transport sees fast recovery, airlines suffer loss due to rising fuel prices
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☕ Afternoon briefing on June 22
Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency June 22. - President Nguyen Xuan Phuc hosted a reception for visiting President of the Mozambican Assembly Esperanca Laurinda Francisco Nhiuane Bias in Hanoi on June 22. At the reception (Photo: VNA) President Phuc welcomed the Mozambican top legislator’s visit, saying that it contributes importantly to the promotion of partnership between the two NAs and the traditional cooperation and friendship between the two countries. Read full story - Vice President Vo Thi Anh Xuan had a meeting with Governor of Udon Thani province of Thailand Sayam Sirimongkol on June 22 as part of her visit to Thailand to attend the Global Summit of Women 2022. Vietnamese Vice President Vo Thi Anh Xuan (L) and Governor of Udon Thani province of Thailand Sayam Sirimongkol at their meeting on June 22 (Photo: VNA) The Udon Thani governor expressed his wish for increasing cooperation with … [Read more...] about ☕ Afternoon briefing on June 22
Seminar promotes Danang as the place to come and live
VIR's editor-in-chief Le Trong Ming gave remarks at the seminar Addressing the seminar, Le Trong Minh, member of the Ministry of Planning and Investment’s Party Standing Committee and editor-in-chief at Vietnam Investment Review (VIR) noted that undergoing 25 years of development since officially becoming a centrally-governed city, Danang has been developing vibrantly and garnered ever-growing attention both domestically and internationally. “The noble titles Danang has scored, as well as the leading players in the business community making their presence felt on Danang, are testament to the irresistible charm of the city,” said Minh. Towards reaching the goal of becoming the ‘Singapore of Vietnam’, Danang would need to best avail of the opportunities to leap forwards, especially post-pandemic. In light of the city’s development orientation to 2030, with a vision towards 2045, Danang would grow into one of the leading socioeconomic development hubs in the … [Read more...] about Seminar promotes Danang as the place to come and live