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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

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

Mai Thi Kim Thuy wins a gold medal in women's Long Ho Quyen (Photo: VNA) Hanoi (VNA) – Vietnam's Mai Thi Kim Thuy earned gold in women’s Long Ho Quyen in Vovinam competitions on May 20, raising the total gold medals of the Vietnamese Vovinam team at SEA Games 31 to four, fulfilling the target set ahead of the regional sporting event. The silver in the event went to Phoo War of Myanmar and the bronze was shared by Chankanika (Cambodia) and Wetan (Indonesia). In other events the same day, a group of four Vietnamese Vovinam artists claimed one silver in weapon self-defence for man, with the gold belonging to Myanmar and the bronze shared by Cambodia and Indonesia. In women’s Yin Yang sword , Manik Wetan (Indonesia) pocketed gold, Aung May of Myanmar won silver and Vietnam’s Nguyen Thi Ngoc Tram shared bronze with Pov Sokha from Cambodia. In the only fighting event during the day, Chiphouthong from Cambodia beat Basanio of the Philippines to win gold. Basanio got … [Read more...] about SEA Games 31: Vietnam fulfil gold target in Vovinam

Speaker of the Singaporean Parliament Tan Chuan-Jin and his spouse wrap up the official visit to Vietnam on May 20. (Photo: VNA) Hanoi (VNA) - Speaker of the Singaporean Parliament Tan Chuan-Jin and his spouse wrapped up the official visit to Vietnam on a high note on May 20. During his trip from May 18-20, Tan held talks with National Assembly Chairman Vuong Dinh Hue, paid courtesy calls to General Secretary of the Communist Party of Vietnam Nguyen Phu Trong and President Nguyen Xuan Phuc, and met Prime Minister Pham Minh Chinh. The meetings saw both sides highlighting the significance of the visit, saying it helps deepen the bilateral relations, particularly when the two nations are about to celebrate the 50th anniversary of diplomatic relations and the 10th year of their Strategic Partnership in 2023. The two countries have boasted regular high-level delegation exchanges and various people-to-people exchange activities to strengthen solidarity. They are also … [Read more...] about Singapore parliament speaker wraps up visit to Vietnam

Illustrative image. (Photo: VNA) Hanoi (VNA) - There were 1,831 COVID-19 infections registered across Vietnam on May 18, an increase of 45 new cases compared to the number reported on the previous day. The new transmissions were detected in 48 cities and provinces, bringing the country's tally to 10,701,796. The capital city  of Hanoi still topped the country in terms of new daily infections, with 403 patients. It was followed by northern Vinh Phuc and Phu Tho provinces, with 139 and 125 cases. There was one COVID-19 related death reported in on the day, bringing the country’s COVID-19 death toll to 43,072, accounting for 0.4 percent of total cases. A total of 8,437 patients were given the all-clear, taking the total number of recoveries to 9,373,294 since the pandemic began. About 217.6 million doses of COVID-19 vaccine have been administered in the country to date, of which approximately 2.8 million have been given to children aged 5 to 11./. VNA … [Read more...] about Vietnam records 1,831 new COVID-19 cases on May 18

Vietnam Blockchain Union was launched in Hanoi on May 17 (Photo: vov.vn ) Hanoi (VNA) - The Vietnam Blockchain Union was launched in the capital city of Hanoi on May 17, the first official legal entity specialising in the field of blockchain technology. The union will gather blockchain research and application enthusiasts throughout Vietnam. It aims to promote the nation's digital economy in other to mark Vietnam’s position on the world technology map. Among the union's tasks include expanding relationships with blockchain organisations and communities around the world and creating favourable condition for members to share experiences and resources to research, test, apply, deploy and trade blockchain technology in accordance with Vietnamese law.  Attracting investment for the operation of the blockchain industry and focusing on training and developing digital human resources are other ones. The Vietnam Blockchain Union was committed to making contributions to … [Read more...] about Vietnam Blockchain Union officially launched

Le Quang Liem and Le Tuan Minh win one more gold medal for Vietnam in In the men’s team blitz chess event. (photo: VNA) Quang Ninh (VNA) - The Vietnamese chess team topped the medal tally of the sport at the 31st Southeast Asian Games (SEA Games 31) held in the northern province of Quang Ninh with seven gold medals. In the men’s team blitz chess event on May 21 morning, Le Quang Liem and Le Tuan Minh defeated their rivals from Indonesia, Thailand, the  Philippines, Malaysia and Myanmar in five matches to win one more gold medal for Vietnam . The Indonesian team bagged silver and the Philippines and Malaysia teams shared the bronze. Meanwhile, Vietnamese players Pham Le Thao Nguyen and Pham Mai Hung had to share bronze with the Malaysian team in the women’s team blitz chess event on the same day. The gold went to Indonesia and the silver to the Philippines. The team blitz chess is the last event of the sport in SEA Games 31 , with the participation of 22 players from … [Read more...] about Vietnam top chess teams at SEA Games 31

Special Adviser to the U.N. Secretary General on Climate Action Selwin Hart handed over the letter to Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the U.N. at a meeting in New York on May 18. In the letter, the U.N. Secretary General applauded Vietnam’s decision to make a strong commitment to net-zero emissions by 2050 and reducing domestic coal-fired electricity consumption at the 26th United Nations Climate Change Conference of the Parties (COP26), affirming that the U.N. fully supports Vietnam's efforts to phase out coal-fired power by 2040. Guterres welcomed G7 nations’ recent agreement to prioritize the establishment of partnership with Vietnam on energy transition. Ambassador Giang thanked the U.N. and the Secretary General for the support for Vietnam, saying that he will soon send the letter to PM Chinh and will continue to work closely with the special adviser and U.N. agencies in this issue. Source: VNA … [Read more...] about U.N. promises support for Vietnam’s energy transition scheme

Illustrative image (Photo: VNA) Hanoi (VNA) – A total 1,716 new cases of COVID-19 were recorded in the past 24 hours from 4pm May 18 to 4pm May 19, including one imported case, according to the Ministry of Health . Hanoi reported the highest number of infections on the day with 381 cases, followed by Nghe An with 126 and Phu Tho with 111. The northern province of Bac Giang registered an additional 1,012 cases from earlier days after verifying information. The national tally reached 10,704,524. A total 9,587 COVID-19 patients were given the all clear on May 19, bringing the number of recoveries so far to 9,382,881. There are 206 patients needing breathing support, while one death was recorded in the past 24 hours, taking the total fatalities to 43,073. By May 18, the country had injected 218,140,778 doses of COVID-19 vaccines, including 3,050,160 first doses and 5,386 second doses for children from five to under-12 years old./. VNA … [Read more...] about COVID-19: Vietnam reports 1,716 new cases on May 19

Health workers inject the third shot of COVID-19 vaccine for ethnic minority people in Thuong Thon, Ha Quang district, the northern province of Cao Bang. (Photo: VNA) Hanoi (VNA) – A total 1,5,87 new cases of COVID-19 were recorded in the past 24 hours from 4pm May 19 to 4pm May 20, according to the Ministry of Health. Hanoi reported the highest number of infections on the day with 373 cases, followed by Phu Tho with 102 and Vinh Phuc with 92. The national tally reached 10,706,111. A total 7,151 COVID-19 patients were given the all clear on May 20, bringing the number of recoveries so far to 9,390,032. There are 221 patients needing breathing support, while two deaths were recorded in the past 24 hours, taking the total fatalities to 43,075. By May 19, the country had injected 218,799,777 doses of COVID-19 vaccines, including 3,252,201 doses for children from five to under-12 years old./. VNA … [Read more...] about Vietnam records 1,587 new COVID-19 cases on May 20