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Thanh Hoa Province’s power grid currently has 21 110-kV substations, more than 8,348 distribution substations with a total capacity of 2,738,340 kVA, and a system of medium and low voltage lines which can supply power to 810,637 users in the province (up 14,292 over the same period in 2021). With a synchronous and modern electricity system, which is also regularly upgraded, PC Thanh Hoa has fully met the electricity demand for production and daily use of local residents. However, the power supply is expected to throw up challenges due to the shortage of peak capacity in the summer months and load regulation is required. The constantly growing demand will also significantly affect the stability and safety of the power grid, and possibly cause local overloads in some areas. Following directions of the EVNNPC, from early this year, PC Thanh Hoa has been devising solutions for these challenges. The company has monitored full loads or overloads, drawing up plans to rotate transformers … [Read more...] about Thanh Hoa Power Company prepares for peak heat

At the meeting According to general statistics from the General Department of Vietnam Customs, in the first five months of 2022, approximately 206,110 tons of cashew kernels of all kinds were exported earning over US$1.19 billion in export turnover, down 7.81 percent in volume and 6.81 percent in value. However, the average export price was about $5,792 a ton, up 1.45 percent from the same period last year. Regarding imports in the first five months, enterprises imported about 968,000 tons of raw cashew nuts from abroad with a value of nearly $1.4 billion, down 35.24 percent in volume and down 37.84 percent in value over the same period in 2021. However, prices of imports from Africa increased by 15 percent-20 percent since the beginning of the season. More importantly, importers are tending to be slow to purchase raw materials due to many reasons but the most common is the price difference between imported raw cashew nuts and export kernel prices. The price of raw cashew … [Read more...] about Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict

The US, China, and the EU remain the three largest markets for Vietnamese cashew, accounting for 26.8 percent, 17.7 percent, and 20.5 percent of the total export value of the cashew industry of Vietnam, respectively. Cashew nut exports to the US market declined by 10.1 percent in volume and 30.5 percent in value over the same period last year. Cashew nut exports to the EU market surged by 14 percent in volume but dropped by 21.2 percent in value. Cashew nut exports to China jumped by 136.4 percent in volume and 140.2 percent in value. Meanwhile, Vietnamese cashew processing enterprises imported 480,000 tons of raw cashew in April, spending up to $772 million, a sharp increase of 375 percent in volume and 470.5 percent in value compared to that in April last year. In the first four months of this year, Vietnam imported a total of 1.19 million tons of raw cashew, with a value of up to $1.88 billion, up 300 percent in volume and 323.5 percent in value over the same period last year. … [Read more...] about Vietnamese cashew industry sees trade deficit for the first time

General Director of Vietnam Social Insurance Nguyen The Manh chairs the meeting with directors of social insurance in cities and provinces While chairing the meeting with directors of social insurance in cities and provinces, the leader of Vietnam Social Insurance has directed the heads of local social insurance agencies closely coordinate with the health sector to immediately ensure the adequate supply of drugs and medical supplies for patients especially patients with health insurance cards. The General Director of Vietnam Social Insurance requested local social insurance agencies to urgently coordinate with health departments and medical examination and treatment facilities covered by health insurance to monitor the progress of drug bidding for each concentrated bidding package and additional bidding at medical examination and treatment facilities to avoid delay in bidding, leading to a shortage of drugs for treatment and arising the procurement of drugs in contravention of the … [Read more...] about Leader of Vietnam Social Insurance directs urgent bidding to supply enough drugs

At the event (Photo: VNA) HCM City (VNA) – Investors from the Republic of Korea (RoK) in Ho Chi Minh City are facing a number of bottlenecks related to labour regulation and administrative procedures that need to be promptly removed, heard a June 24 dialogue between the municipal leaders and the business community. The collection of seaport infrastructure fees was also pointed to by many participating businesses. From April 1, 2022, all container vehicles entering and leaving the city’s Cat Lai port have to pay an additional fee for using seaport infrastructure. Korean firms proposed the establishment of a monthly gross payment process and a reduction of the fee, given their difficulties from increased logistics costs. Phan Van Mai , Chairman of the municipal People’s Committee, said the southern economic hub is working to recover after two years affected by the COVID-19 pandemic. Such recovery sees a significant contribution of the business communities, including … [Read more...] about HCM City works to clear hurdles for RoK investors

SEA Games champion Dao Hong Son made the most remarkable victories with all three wins by submission in the men's U56kg. "It was a hard-working day. But the result was so sweet, with three submission wins. Thank you for watching and encouraging me," Son posted on his Facebook page. Earlier, world champion Phung Thi Hue secured gold in the women's U45kg category. Hoang Thi Nhat Que won the women's U70kg class and Pham Tri Dung topped the men's U69kg pool. The Vietnamese team also brought home one silver by Pham Le Hoang Linh in the men's U85kg and 11 bronze medals. On the last day, athletes will vie for medals in the men's and women's team events. Source: VNA … [Read more...] about Vietnamese jujitsu fighters win four golds at ‘beach world cup’

Khai congratulated the Cambodian Government on the important achievements obtained under PM Hun Sen’s leadership, especially the success in COVID-19 containment and socio-economic reopening and recovery. Men Sam An, who is also Minister of the National Assembly - Senate Relations and Inspection of Cambodia, Vice President of the Cambodian People’s Party, and Chairwoman of the Cambodia - Vietnam Friendship Association, expressed her honor to represent the Cambodian Government to attend and deliver remarks at the ceremony marking the 55th founding anniversary of the countries’ diplomatic ties held in Hanoi earlier the same day. Saying she is impressed with Vietnam’s all-round attainments over the past years, she expressed her belief that under the clear-sighted leadership of the Communist Party of Vietnam, the Vietnamese Government and people will continue reaping more successes in national reforms and development and unceasingly promoting Vietnam’s stature in the international … [Read more...] about Deputy PMs agree on measures for strengthening Vietnam-Cambodia links

A worker receives a booster shot of a COVID-19 vaccine in HCM City. — VNA/VNS Photo Thanh Vũ HÀ NỘI — Việt Nam registered 657 new cases of COVID-19 on Saturday, with zero deaths recorded. All of the infections were domestic, with a total of 512 new transmissions detected in the community. New cases were detected in Hà Nội (169), Bắc Ninh (53), Phú Thọ (45), Yên Bái (43), Lào Cai (34), HCM City (27), Quảng Ninh (22), Quảng Bình (21), Nghệ An (21), Hải Phòng (18), Vĩnh Phúc (17), Đà Nẵng (15), Hòa Bình (15), Hà Nam (14), Thái Nguyên (13), Ninh Bình (12), Cao Bằng (12), Thái Bình (12), Hưng Yên (11), Thanh Hóa (9), Quảng Trị (9), Tuyên Quang (9), Nam Định (8), Hải Dương (7), Lâm Đồng (7), Điện Biên (6), Sơn La (5), Lai Châu (5), Khánh Hòa (5), Tây Ninh (3), Vĩnh Long (3), Bình Định (2), Bà Rịa - Vũng Tàu (2), Bình Phước (1), Lạng Sơn (1) and Đồng Tháp (1). The latest update brings the national caseload to 10,742,891 to date. The total number of COVID-19 fatalities in … [Read more...] about 657 new COVID-19 infections reported on Saturday

Van Don - Mong Cai Highway under construction (Source: baoquangninh.com.vn) Quang Ninh (VNA) – The Van Don - Mong Cai highway, which is scheduled for completion and operation on June 30, aims to create favourable conditions for the northeastern province of Quang Ninh to make breakthrough developments and promote economic links in the region. Nguyen Tien Oanh, Director of the Executive Board of the highway project (the Tien Yen - Mong Cai section), said it has taken time to complete this section – which extends from Bach Dang bridge to the Mong Cai international border gate , because of difficulties caused by the COVID-19 pandemic and other reasons. However, the foundation of the sector has been basically completed and is entering the finishing stages, he said. According to representatives from the Ministry of Transport, the Van Don - Mong Cai highway, which is part of the Hanoi - Quang Ninh highway, plays a strategic role for the socio-economic development of Quang … [Read more...] about Van Don – Mong Cai highway: new launch pad for Quang Ninh’s economic growth

As more Vietnamese are seeking air travel services this summer, air ticket prices have increased as airlines are grappling with surging fuel costs and staffing challenges. Prices for flight tickets on many domestic routes operated by Vietnam’s five major carriers went up 20-40 percent for the last week of June compared to two months ago, according to an analysis by Tuoi Tre (Youth) newspaper. Airfares for international flights to and from Vietnam also soared 20-35 percent compared to pre-pandemic rates, according to a representative of Transportation Services Company (Worldtrans), a Vietnamese air charter provider. Dang Anh Tuan - head of communications of Vietnam Airlines, Vu Duc Bien - general director of Vietravel Airlines and other airline representatives all blamed rising fuel prices for the airfare spike. Fuel costs account for 30-40 percent of an airline’s total expenses, according to the International Air Transport Association (IATA). As fuel prices rise, airlines … [Read more...] about Airfares surge as domestic and int’l travel rebounds, fuel prices skyrocket