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/ September 1, 2020

Vietnam to resume air travel to Japan and South Korea with 8 flights per week

The Hanoitimes - The flights between Vietnam and Japan, South Korean are expected to be resumed from September 15. The Civil Aviation Authority of Vietnam (CAAV) has proposed conducting four round-trip flights per week to South Korea and Japan, which are expected to start from September 15. The flights between Vietnam and Japan, South Korean are expected to be restored from September 15. Photo: Vietnam Airlines Under the agreement with Japanese and Korean partners, the Vietnamese air carriers will conduct two flights and each partner from Japan and South Korea will fly the two others. However, Dinh Viet Thang, director of CCAV, said that the reopening of international routes is still pending approval from the Ministry of Health and the Ministry of National Defense, taking into consideration the domestic quarantine capacity and quarantine fees for arriving passengers as well as safety measures applied to passengers on entry. Air carriers will start selling tickets only after the relevant agencies reach a consensus on the above-mentioned issues. Domestic airlines look forward to resuming daily international air services, and Japanese and Korean partners also expect to reconnect with Vietnam, said Thang. According to the conclusions of a government meeting on Covid-19 prevention and control last week, Prime Minister Nguyen Xuan Phuc stressed the importance of resuming air flights to Japan and South Korea to restart sending Vietnamese workers to those countries. The prime minister agreed to the proposal of the Ministry of Planning and Investment to allow the entry of business executives of South Korean enterprises who make short business trips in Vietnam according to the list submitted by the South Korean Embassy in Hanoi, as well as for other specific investors. The Ministry of Foreign Affairs is assigned to handle the flights to bring Vietnamese citizens back home as well as to facilitate the entry of experts, investors, and …

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/ August 31, 2020

Vietnam to reopen commercial air routes to Japan, South Korea

The Hanoitimes - Each flight must have a specific plan to ensure safety, including isolation, suitable for each group of arrivals. Prime Minister Nguyen Xuan Phuc has asked relevant agencies to study the reopening of commercial routes between Vietnam and Japan, South Korea and other places with a high safety factor. Vietnam will study the reopening of commercial routes between Vietnam and Japan, South Korea. Photo: Vietnam Airlines According to the conclusions of the prime minister at a government meeting on Covid-19 prevention and control last week, Mr. Phuc stressed the importance of resuming air flights to Japan and South Korea to restart sending Vietnamese workers to those countries. The PM agreed to the proposal of the Ministry of Planning and Investment to allow the entry of business executives of South Korean enterprises who make short business trips in Vietnam according to the list submitted by the South Korean Embassy in Hanoi, as well as for other specific investors. The Ministry of Foreign Affairs is assigned to handle the flights to bring Vietnamese citizens back home as well as to facilitate the entry of experts, investors, and skilled workers. Each flight must have a specific plan to ensure safety, including isolation, suitable for each group of arrivals. The head of the government agreed to expand paid quarantine and all incoming people must pay quarantine fees from September 1 while the state budget will still bear the cost of medical examination and treatment under the Law on Infectious Diseases Prevention and Control. From late March, Vietnam stopped all inbound and outbound commercial flights. Recently, a number of foreign airlines have resumed air travels to Vietnam, but only for taking goods in and passengers out of Vietnam. Vietnam continues to conduct repatriation flights according to the plan of the Ministry of Foreign Affairs, with priority given to passengers who are in difficult circumstances, experts, …

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/ February 23, 2021

HCMC: Korean bank proposes investment study for Metro Line No. 5

In its letter sent to the Chairman of the municipal People’s Committee and the city’s Management Authority for Urban Railways (MAUR), KEXIM said it will soon provide funding for the update of the project’s pre-feasibility study, which covers technical, financial, and legal aspects, according to the MAUR. The bank noted that members of the research group and participating investors have experience in building and operating urban railway routes, including Metro Line No. 9 of the RoK’s Seoul capital, in the PPP format. The MAUR said it had a working session on January 19 with some investors and consultancies from the RoK to discuss the study and related orientations for the project. The Korean side, including KEXIM and some businesses and consultancies, presented the plan to update the pre-feasibility study, whose final version is expected to be submitted by the end of 2021. The pre-feasibility study for Phase 2 of Metro Line No. 5 was previously financed by the Korea International Cooperation Agency (KOICA). However, due to certain objective reasons, the project was unable to be funded through official development assistance (ODA) loans, but the PPP format. The 23.39km-long Metro Line No. 5 is developed in two phases. The first one, from the Bay Hien intersection to Sai Gon Bridge, is about 8.8km long and invested with around 1.66 billion USD. It is funded with ODA capital from the Spanish Government, the Asian Development Bank (ADB), the European Investment Bank (EIB), and the German development bank KfW. Meanwhile, Phase 2 is about 14.5km long. …

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