Revenues were up 55 percent year-on-year to VND11.6 trillion, the highest since 2020, when Covid-19 started to cripple the aviation industry. But it reported a ninth consecutive quarterly loss, with a total gross loss from the sales of products and services of around VND1.6 trillion due to higher costs. Fuel, for example, cost VND465 billion more than budgeted and accounted for 30 percent of transport costs. The carrier said the results clearly reflected the impact of Covid on the aviation industry despite the relatively quick recovery by the domestic market. Meanwhile, international services remain in limbo, and the Russia-Ukraine crisis has driven fuel prices up sharply. As of March 31, Vietnam Airlines’ accumulated losses were VND24.5 trillion, some VND2.16 trillion higher than its charter capital. The management said the airline could "basically maintain its liquidity until this year-end" based on the expected recovery by the industry. But it also sought the … [Read more...] about Vietnam Airlines posts $113 mln Q1 loss
Vietnam scraps covid test requirement for child flyers vnexpress international
Mộc Châu hosts Vietnam Trail Marathon in harvest season
Runners from around the world will run up to 70km on trails through the hills, ethnic minority villages, orchards and tea fields of Mộc Châu District, Sơn La Province today. A runner competing in the Vietnam Trail Marathon last year. This year, runners from around the world will run up to 70km on trails in Mộc Châu. — Photo courtesy of the organiser Established in 2019, Vietnam Trail Marathon (VTM) has grown to become one of the largest mountain runs in the nation. The race usually takes place during blossom season, but this year the COVID-19 pandemic forced a date change, so now runners will see Mộc Châu in harvest season -- another very special time of year in this region. The route will take runners along stunning trails through orchards and remote ethnic villages before eventually finishing in the Đồi Chè Trái Tim (Heart-Shaped Tea Field). On the starting line will be some of Vietnam’s top trail runners, as well as some strong international … [Read more...] about Mộc Châu hosts Vietnam Trail Marathon in harvest season
SEA Games final: Thailand are the underdog, says coach Polking
"It's not easy to play more than 120 minutes," Polking said at a Saturday press meet, referring to Thailand's semi-final match against Indonesia. "Vietnam are in the same situation, so I believe that makes them equal," he said, adding that with both teams tired, he didn't think there would be any obvious advantage for either. "Vietnam are the clear favorite for the game, not only because they have 40,000 passionate people helping and cheering and supporting them for 90 minutes... they have also the best preparations, they have all the players..." "We are the underdog in this situation, but we are a good underdog. We'll put the fight in... but yeah it will be a very, very tough game for us," he said. Thailand began SEA Games 31 with a 1-2 loss against Malaysia, but later won all their matches to enter the final for the 21st time. Polking said he hoped Thailand's offensive lineup would prove themselves against Vietnam's defense, who have never conceded a goal in this year's … [Read more...] about SEA Games final: Thailand are the underdog, says coach Polking
Industrial hub Dong Nai to renovate its capital for $320 mln
Dong Nai Province that borders Ho Chi Minh City is working on a project it had launched last year to upgrade a riverside route stretching 5.2 kilometers long beside the Dong Nai River in Buu Long Ward of Bien Hoa Town. Costing VND1.3 trillion ($56 million), the project includes works to build the river embankment, parks and a tunnel. To carry out the project, authorities had to relocate 302 households. Houses along the Dong Nai River in Bien Hoa Town will be relocated for a project to upgrade a riverside route. Photo by VnExpress/Phuoc Tuan The province is about to start work to build a new road along the Cai River, a branch of the Dong Nai River to ease traffic jams in the center of Bien Hoa. The road will stretch 4.5 kilometers long, 32 meters wide, and costs more than VND574 billion. Ngo The An, director of Dong Nai Project Management Board, said the province has completed basic investment procedures for building the road, including choosing the contractor and … [Read more...] about Industrial hub Dong Nai to renovate its capital for $320 mln
Dengue fever, hand-foot-mouth cases on the rise in Ho Chi Minh City
Vietnam’s southern Ho Chi Minh City has seen numbers of cases of hand, foot and mouth disease and dengue fever in children increasing sharply, with six deaths of dengue having been recorded, the municipal Center for Disease Control (HCDC) reported on Friday. During the first four months of 2022, the city recorded 1,599 hand-foot-mouth disease cases, with 96 percent being children aged one to five years old. The number of hand-foot-mouth cases has increased alarmingly in most districts, including District 8, Binh Tan, Tan Phu, and Binh Chanh, and Thu Duc City. Notably, from May 6 to May 12 only, 628 patients were recorded, nearly three times higher than the average of the previous four weeks. Numbers of cases increased both in hospital treatment and outpatient examination across the city, the HCDC reported. To actively prevent the disease, it is necessary for both children and their caregivers to wash hands frequently with soap several times a day. It is advisable to eat … [Read more...] about Dengue fever, hand-foot-mouth cases on the rise in Ho Chi Minh City
HCMC needs to take more actions to improve business, investment environment
Mr. Phan Van Mai, Chairman of the People's Committee of HCMC, discusses with delegates at the meeting. (Photo: SGGP) The People's Committee of HCMC, on the afternoon of May 20, organized the program "Meeting between HCMC leaders and the Foreign Business Association in 2022", with the attendance of Mr. Phan Van Mai, Member of the Party Central Committee, Standing Deputy Secretary of the HCMC Party Committee, Chairman of the People's Committee of HCMC and the foreign business community in the city. Promoting sustainable growth In the opening remarks, Ms. Mary Tarnowka, Managing Director of the American Chamber of Commerce (AmCham), highly appreciated Vietnam's commitment to a safe coexistence with Covid-19 and the recent reopening of international tourism activities. The key is that Vietnam, in general, and HCMC in particular, needs to ensure a positive regulatory environment. AmCham pays attention to creating a fair, transparent, predictable, and efficient regulatory system … [Read more...] about HCMC needs to take more actions to improve business, investment environment