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Vietnamese Prime Minister Pham Minh Chinh (L) meets with Australian Prime Minister Anthony Albanese on the sidelines of the 40th and 41st ASEAN Summits in Cambodia (Photo: VNA) Hanoi (VNA) – Australian Prime Minister Anthony Albanese ’s visit from June 3-4 is expected to further promote the sound relations between the two countries in all fields, including peacekeeping, education and training. This is the first official visit to Vietnam by Anthony Albanese since taking office and only two months after the state visit by Australian Governor-General, showing Australia's great attention to the Southeast Asian nation. Highlighting the Vietnam-Australia partnership in peacekeeping operations, Colonel Pham Manh Thang, Director of the Vietnam Department of Peacekeeping Operations, said that Australia was one of the first countries to sign a memorandum of understanding (MoU) with Vietnam in UN peacekeeping activities in 2015. The MoU laid a foundation for the two countries to … [Read more...] about PM Anthony Albanese’s visit hoped to lift up Vietnam-Australia partnership

Vietnam Airlines, Vietnam’s national flag carrier, was named one of the world’s top 25 airlines for 2023 by Australia-based AirlineRatings.com, an aviation safety and product review group. The carrier sits at number 20 in the rankings, above Turkish Airlines, Hawaiian Airlines, KLM, Alaska Airlines, and United Airlines. The first five positions on the list respectively went to Air New Zealand, Qatar Airways, Etihad Airways, Korean Air, and Singapore Airlines. To prepare its annual round-up, AirlineRatings.com considered major safety and government audits, as well as looked at airline fleet age, passenger reviews, profitability, investment rating, product and services, and staff relations. To make it to the top twenty-five, airlines must achieve a seven-star safety rating and demonstrate leadership in innovation for passenger comfort, according to AirlineRatings.com. “We are focused on leadership and airlines that innovate to make a real difference to the passenger … [Read more...] about Vietnam Airlines among world’s top carriers for 2023

The performance of the Vietnamese team (Photo: VNA) Da Nang (VNA) - The Da Nang International Fireworks Festival (DIFF) 2023 officially kicked off in the central city of Da Nang on June 2 evening with performances by the Vietnamese and Finnish teams. After three years of hiatus, over 5,000 fireworks enthusiasts were once again able to witness the magnificent displays of light and sound along the Han River, creating a familiar and dazzling "feast" for the eyes. This year's festival features teams from the UK, Poland, Canada, France, Finland, Australia, Italy, and Vietnam, all of which have a long-standing tradition in the art of firework displays. These teams will come together to tell stories through light, music, and the soaring heights of artistic expression and emotions, promising to deliver unforgettable surprises and impressions. The host Vietnam took the stage with their presentation showcasing a story of peace and friendship under the theme "Da Nang – The Sound of … [Read more...] about Da Nang International Fireworks Festival 2023 kicks off

Egroup's chairman Nguyen Ngoc Thuy has purchased Apax Holdings' bonds At a recent meeting with the National Assembly Standing Committee on the socioeconomic situation, Minister of Planning and Investment Nguyen Chi Dung said that increasing numbers of local enterprises have sold their properties to foreign businesses. The selling of assets and properties, or even entire businesses, has been common over the past year or two, with more businesses falling into difficulties and lacking capital. At the beginning of March, for example, the owner of the Dolce by Wyndham Hanoi Golden Lake Hotel in the heart of Hanoi put the hotel on the market at a starting price of $250 million. Nguyen Huu Duong, chairman of the hotel owner Hoa Binh Co., Ltd., said that the company's social housing project had not been granted construction permits, meaning a lack of cash flow and the need to sell off assets to ensure liquidity. “Many of the partners negotiating to buy our hotel are businessmen … [Read more...] about Foreign investors buying up local businesses