Scholarships domestic violence survivor

VABA asks relevant authorities to study and adjust the domestic ceiling price bracket for airlines to promote the recovery of the industry. — Photo a family.vn The president of the Viet Nam Aviation Business Association (VABA) has proposed to adjust the ceiling fare for domestic airlines to promote the industry's recovery. At a national conference between the Prime Minister and businesses last week, VABA's chairman Pham Viet Dung said: "Viet Nam's aviation market is growing rapidly on the recovery trend but not evenly in all segments." The domestic market has fully recovered compared to before the pandemic. In contrast, the international market has recovered very slowly, said Dung, mentioning domestic passenger transport increased by 12 per cent compared to 2019, global freight increased, but household goods decreased. However, revenue was disproportionate due to increased fuel prices and some input prices, airlines still suffered losses, and liquidity did not improve much, … [Read more...] about VABA proposal raising domestic airfare ceiling

China's financial hub Shanghai said on Sunday it would reopen all schools including kindergartens, primary and middle schools on Sept. 1 after months of COVID-19 closures. The city will require all teachers and students to take nucleic acid tests for the coronavirus every day before leaving campus, the Shanghai Municipal Education Commission said. It also called for teachers and students to carry out a 14-day "self health management" within the city ahead of the school reopening, the commission said in a statement. Shanghai shut all schools in mid-March before the city's two-month lockdown to combat its worst COVID outbreak in April and May. It allowed some students of high school and middle school to return to classrooms in June while most of the rest continued home study for the remainder of the semester. The announcement on schools reopening brings great relief to many residents but fears about COVID lockdowns continue to persist, as China vows to stick to its dynamic … [Read more...] about Shanghai to reopen all schools Sept. 1 as lockdown fears persist

Visitors at the 20th International Medical, Hospital & Pharmaceutical Exhibition that opened on Thursday in HCM City. — VNA/VNS Photo The Vietnamese medical devices market, which is growing annually at more than 18 per cent, relies heavily on imports, representing significant opportunities for foreign businesses, according to the HCM City Medical Equipment Association. The market is now worth US$1.5 billion, up from US$1.1 billion in 2017, Hua Phu Doan, deputy chairman of the association, said. Domestic medical devices manufacturers make mostly basic stuff and meet only 10 per cent of demand while the remaining 90 per cent is imported, he told a meeting held recently in HCM City. The number of foreign manufacturers in Viet Nam remains modest due to the lack of development of supporting industries and the absence of an industrial cluster in this sector, he said. Foreign investment in the production of medical devices is vital to reduce reliance on imports and facilitate … [Read more...] about Viet Nam seeks foreign investment in medical devices production

Construction priorities are for sections Hanoi – Vinh and Nha Trang – Ho Chi Minh City. The Politburo, the country’s supreme decision-making body, is set to discuss the investment plan for the North-South express railway project in September. The project is set to be completed by 2050. Photo: Lam Anh A feasibility study conducted by the Ministry of Transport (MoT) suggested constructing a new electrified 1,435mm double-track express railway on the North-South axis with a total length of 1,545 kilometers. The high-speed rail route will be operated by an electric multiple units (EMU) train with an average speed of 320 kilometers per hour. The MoT estimated the total investment capital to be around US$58.71 billion, in which $1.98 billion would be allocated for site clearance, $31.58 billion for construction cost, $15 billion for equipment and project management, and nearly $10 billion for contingency and other expenses. To ensure the effective … [Read more...] about Politburo to review US$59-billion North-South express railway in September

Nam Hai Dinh Vu Port in Hai Phong City. (Photo: VNA) This is one of the factors that make the demand for logistics real estate increase sharply, it said. A survey by Savills Vietnam showed that Vietnam's logistics industry is enjoying significant growth due to the development of the national economy, and the manufacturing and e-commerce sectors. According to a report on the emerging market logistics index released earlier this year by Agility, a leading logistics and transportation service provider in 2022, Vietnam ranks 11th among the world’s top 50 emerging markets, only behind Indonesia, Malaysia and Thailand in the Association of Southeast Asia Nations. Vietnam's transport and logistics market is estimated to grow at a compound annual growth rate (CAGR) of 7 percent in the 2021-2026 period. The Vietnamese government encourages enterprises manufacturing and attracts investment by establishing industrial and economic zones. Despite challenges from the Covid-19 pandemic, … [Read more...] about Demand for logistics real estate increases sharply: Savills Vietnam

Economists and analysts said they believe Chinese authorities are keen to support the sluggish economy by allowing a widening policy divergence with other major economies that are raising interest rates aggressively. The People's Bank of China (PBOC) said it was lowering the rate on 400 billion yuan ($59.33 billion) of one-year medium-term lending facility (MLF) loans to some financial institutions by 10 basis points (bps) to 2.75%, from 2.85%. In a poll of 32 market watchers last week, all respondents had forecast the MLF rate would be left unchanged and 29 had predicted there would be a partial rollover. "The rate cut surprises us," said Xing Zhaopeng, senior China strategist at ANZ. "It should be a response to the weak credit data on Friday. The government remains cautious about growth and will not let go." New bank lending in China tumbled more than expected in July while broad credit growth slowed, as fresh Covid flare-ups, worries about jobs and a deepening property … [Read more...] about China unexpectedly cuts 2 key rates, withdraws cash from banking system

ESG is a set of standards to measure factors related to sustainable development and the impact of businesses on the community, which consumers are paying more attention to. They want their shopping and consumption habits to leave the smallest environmental footprint possible. Not only consumers, global investors are also placing emphasis on ESG. This trend is even more pronounced after the Covid-19 pandemic. According to a PWC's report, investors increasingly want to hear more from companies about their ESG-related commitments with 83 percent surveyed saying it is important that reports provide detailed information about progress toward ESG goals. In Vietnam, the government has been taking important initial steps to catch up with the global trend. The Resolution of the 13th National Party Congress has determined the development plan for the 2021-2030 period, emphasizing the goal of ensuring social and human security, and managing resources effectively and sustainably. On Feb. 8, … [Read more...] about Businesses accelerate ESG strategy

Vietnam Medi Pharm Expo 2018 is expected to attract about 350 domestic and foreign exhibitors in August (Photo: VNA) Hanoi (VNA) – About 350 domestic and foreign exhibitors will gather at the Saigon Exhibition and Conference Centre (SECC) in Ho Chi Minh City for the 18th Vietnam International Hospital, Medical and Pharmaceutical Exhibition (Vietnam Medi Pharm Expo 2018) from August 2-4. The number of foreign exhibitors increased annually over the past 3 years, particularly those from Germany, Japan, the Republic of Korea, Singapore, India, and Malaysia, said Nguyen Khac Luan, general director of Vinexad , organiser of the event. Products on display at the expo will be medical equipment and equipment in the pharmaceutical and beauty industries, natural medicines and supplementary foods. Along with trading activities among the enterprises, the three-day exhibition will also feature seminars “Introduction to Vietnam’s Pharmacy and Medicine Market” and “Local Medical … [Read more...] about Vietnam Medi Pharm Expo to return to HCM City in August

Coal production at Thong Nhat Mine in the northeastern province of Quang Ninh. The demand for primary energy, including coal, will continue to increase, possibly peaking in the 2030-35 period. — Photo thanthongnhat.vn Viet Nam’s coal imports are forecast to rise to meet domestic production demand, according to a draft strategy for developing the coal industry in Viet Nam recently introduced by the Ministry of Industry and Trade (MoIT). Accordingly, Viet Nam will import about 50-83 million tonnes of coal per year during the period from 2025 to 2035, with the volume gradually falling to about 32-35 million tonnes by 2045. The data from the MoIT shows domestic coal consumption increased rapidly from 27.8 million tonnes in 2011 to 38.77 million tonnes in 2015, and about 53.52 million tonnes in 2021. The volume of coal consumed at present has more than doubled compared to 2011, mainly for electricity production. The demand for primary energy, including coal, will continue to … [Read more...] about Viet Nam to increase coal imports in 2025-35: Ministry