Vietnam 787 premium economy

There are hundreds of thousands of unauthorized games, card games, and gambling games which cause insecurity and disorder as well as bad consequences for the society, the ministry’s Authority of Broadcasting and Electronic Information said at a meeting on Thursday. The unauthorized games, mainly released on the App Store, Google Play, and online gaming platform Valse Stream, are estimated to generate an annual revenue of nearly VND5 trillion ($211.86 million), accounting for 30% of the total revenue of the game industry in Vietnam. The ministry is requiring organizations and businesses that provide intermediary payment services not to allow payment for unauthorized games through their systems. In the case of payments via IAP (in-app purchases), they should ask Apple and Google to provide sufficient information about the transaction to block the payment. Every month, the Authority of Broadcasting and Electronic Information will update the list of licensed and unlicensed games … [Read more...] about Vietnam to block payment for unlicensed games

Deputy Prime Minister Tran Hong Ha speaks at the event (Photo: VNA) New York (VNA) – Vietnam pledges to further enhance cooperation with international organisations and partners, especially countries within the Mekong River Commission (MRC) and Mekong-Lancang cooperation mechanism, to achieve sustainable cross-border water development goals, Deputy Prime Minister Tran Hong Ha has said. Deputy PM Tran Hong Ha meets President of Tajikistan Emomali Rahmon (Photo: VNA) Within the framework of the event, Deputy PM Ha met with President of Tajikistan Emomali Rahmon and suggested both nations consider boosting cooperation in climate change adaptation and water resource management in the coming time. Deputy PM Tran Hong Ha and UNFPA Executive Director Natalia Kanem (Photo: VNA) In a meeting with Executive Director of the United Nations Population Fund (UNFPA) Natalia Kanem, Ha suggested the fund offer continued support to build and launch social social welfare policies … [Read more...] about Vietnam commits to cross-border water development goals: Deputy PM

Netflix is making necessary procedures in order to establish its legal entity in Vietnam, said Josephine Choy, vice president and general counsel Asia Pacific at Netflix, during a recent meeting in Hanoi with Deputy Minister of Culture, Sports and Tourism Nguyen Thanh Lam. Josephine Choy, vice president and general counsel Asia Pacific at Netflix, meets with Deputy Minister of Culture, Sports and Tourism Nguyen Thanh Lam in Hanoi. She expressed the streaming giant’s hope that competent agencies in the country would create favourable conditions in order for Netflix to complete all procedures and find a legal entity locally in the near future. Lam for his part noted that with its potential in technology and content creation, Netflix would help fuel the development of the film industry and creative economy in Vietnam. He also requested that Netflix urgently set up a group to work closely alongside the Ministry of Information and Communications in order to regularly … [Read more...] about Netflix to establish legal entity in Vietnam

Illustrative image (Photo: Bao Viet) Hanoi (VNS/VNA) - Experts have predicted that the health and vehicle insurance sectors will continue to serve as the primary growth drivers for non-life insurance in Vietnam this year. Data from the Vietnam Insurance Association reveals that non-life insurance and health insurance comprised the largest proportion of the insurance industry's premium revenue last year, accounting for approximately 33.2%, with revenue of 22.41 trillion VND. This represented a 24.3% increase from the same period in 2021. In the meantime, vehicle insurance generated a revenue of 18.1 trillion VND, comprising 26.8% of the overall market revenue and witnessing an 11.9% growth rate over the same period in 2021. Health and vehicle insurance products are expected to continue to increase this year, especially when the awareness of people and economic organisations about the role of insurance continues to be improved. Regarding health insurance, the … [Read more...] about Health, vehicles main growth drivers for non-life insurers in 2023

Hanoi (VNA) – Indonesian Tourism and Creative Economy Minister Sandiaga Uno said his ministry will collaborate with Skouw Cross-Border Post (PLBN), Jayapura, Papua, Chief Administrator Yan Numberi, for tourism and creative economy development in Indonesia-Papua New Guinea (PNG) border. The official was quoted by local media as saying that the ministry will carry out two agendas to revive the tourism sector and the creative economy in border areas. The agenda for tourism and creative economy development in the border region aims to restore the condition of the Skouw PLBN to what it was before the COVID-19 pandemic when 1,500 foreign tourists had entered Indonesia, he stated. The first agenda is the improvement of tourism infrastructure and the creative economy within the framework of the Special Allocation Fund (DAK) that will be proposed in collaboration with the Jayapura City Tourism Service, Uno said. Moreover, he plans to hold the cross border festival in 2023 that … [Read more...] about Indonesia, Papua New Guinea strengthen tourism cooperation

The event, entitled “Offshore Renewable Energy: Opportunities and Challenges to Green Transition,” drew the virtual and in-person participation of more than 200 domestic and foreign experts. It was jointly organized by the Diplomatic Academy of Vietnam (DAV) and the Konrad Adenauer Stiftung Foundation (KAS). In his remarks, Assistant to Foreign Minister Nguyen Minh Vu expressed optimism about the development of renewable energy in general and wind power in particular. In the long term, offshore wind power will be cheaper than current fossil fuel-based energy sources, he said, adding that other types of offshore renewable energy are also becoming indispensable elements of the modern, blue economy. Vietnam is committed to joining the common effort of mankind to promote clean energy, as demonstrated through its commitments at the 26th U.N. Climate Change Conference of the Parties (COP26) and the Just Energy Transition Partnership (JETP), the official said. Vietnam is an attractive … [Read more...] about Ocean dialogue discusses offshore renewable energy potential

The companies are Hoa Phat Group, Vicostone JSC, Viglacera Corporation, Hoa Sen Group, An Cuong Wood – Working JSC, Tien Phong Plastic JSC, Binh Minh Plastic JSC, Vicem Ha Tien Cement JSC, Siam City Cement Vietnam Ltd., and Eurowindow JSC. The list was based on Vietnam Report’s independent research. Businesses are filtered out from the database in Vietnam Report's ranking studies in the construction industry with financial data updated to December 31, 2022, in combination with the use of Media Coding method and surveys, giving the most comprehensive, objective and complete assessments of the businesses during the recent period. Two years after the COVID-19 pandemic, amid unpredictable fluctuations, construction materials enterprises are still trying to adapt to new conditions, improve resilience and competitiveness to rise stronger in the future. Vietnam Report General Director Vu Dang Vinh said that all businesses in the construction material sector engaged in the survey said … [Read more...] about Top 10 Vietnamese construction material companies announced

Mexico is located at the gateway between North America and Latin America, and the Canada-U.S.-Mexico Agreement (CUSMA) will be a good springboard for Vietnamese businesses to access the North American market worth more than US$28.5 trillion, ambassador Alejandro Negrin Munoz said Thursday at the Vietnam-Mexico trade promotion conference. The U.S. is Mexico’s largest trading partner, with Mexican exports standing at nearly $340 billion in 2020. Vu Minh Anh, honorary consul of Mexico in Ho Chi Minh City, told VnExpress that Vietnamese businesses have many advantages over other countries in the region. Both Vietnam and Mexico are members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). They also share many similarities in terms of culture and economic structure. According to statistics from the General Department of Vietnam Customs, the two-way trade between Vietnam and Mexico was more than $5.4 billion in 2022, up 7% against 2021. … [Read more...] about Mexico a springboard for Vietnamese goods to enter the US: ambassador

A China-Vietnam-Laos freight train loaded with agricultural products at Nanning International Railway Port in Nanning, China's Guangxi Zhuang Autonomous Region (Photo: xinhua) Hanoi (VNA) - Trade between countries along the Mekong River and China posted steady growth last year despite COVID-19 and the sluggish global economy. Specifically, China's trade volume with Cambodia, Laos, Myanmar, Thailand and Vietnam hit 416.7 billion USD in 2022, up 5% year-on-year. The figures were disclosed at the opening ceremony of Lancang-Mekong Cooperation (LMC) Week 2023, which was held on March 23 in Kunming, China’s Yunnan province. Since, the mechanism was launched in 2016, it has become a landmark cooperation model in the region, and has continuously injected vitality into regional development./. VNA … [Read more...] about Trade between Mekong countries, China reaches over 416 bln USD in 2022

Malaysian Deputy Prime Minister Ahmad Zahid Hamidi (Source: malaysia kini.com) Jakarta (VNA) – Malaysia launched its Halal Industry Master Plan 2030 (HIMP 2030) on March 23, aiming to become a key player in the global halal market. Speaking at the launch, Malaysian Deputy Prime Minister Ahmad Zahid Hamidi , who is also Chairman of the Malaysian Halal Development Council, said the plan’s theme of “Prominent, Visible and Globalised Halal Malaysia” represents the country’s target of promoting comprehensive growth and developing a robust halal industry ecosystem with more products and services to support future growth. He said one of the priorities for 2023 of the Ministry of International Trade and Industry (MITI), the strategic driver for the HIMP 2030, is to expand trade for which halal goods and services could play a more prominent role. The official noted via the HIMP 2030, Malaysia expects its halal industry will reach 113.2 billion USD by 2030 and contribute … [Read more...] about Malaysia launches Halal Industry Master Plan 2030