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“Standing side by side with women in border areas” program conducted in Phu Quy island district

May 22, 2022 by en.qdnd.vn

During the program, women’s union of Ngu Phung commune were equipped with knowledge on the Party’s guidelines and State’s laws and policies relating to defense and security work in the border areas and sea and islands. Meanwhile, they also got familiar with the basic contents of the Laws on Vietnam Border Guard, Marriage and Family, Gender Equality, Prevention of and Combat against Human Trafficking, among others. On this occasion, the organizing panel handed over 10 gifts (worth VND 300,000 each) to needy women, and presented 30 national flags, planted 60 trees in Ngu Phung commune while visiting and offering gifts to troops at the Border Post of Phu Quy Port Border Gate. The program aimed to share difficulties with needy women in the areas, and take care of needy people and soldiers in the border areas and on sea and islands. It also helped improve women members’ knowledge on laws, thereby promoting their responsibility in local development as well as in the fight against … [Read more...] about “Standing side by side with women in border areas” program conducted in Phu Quy island district

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AMRO forecasts Vietnam’s strong recovery amid external headwinds

May 22, 2022 by en.qdnd.vn

This preliminary assessment was made by the ASEAN+3 Macroeconomic Research Office (AMRO) after its Annual Consultation Visit to Vietnam from May 3 - 18. “The Vietnamese economy is expected to grow at 6.3 percent in 2022 and 6.5 percent in 2023. Inflation is projected to remain contained,” said AMRO Group Head and Lead Economist Kalra. “This positive outlook rides on strong external demand, a recovery in domestic consumption and healthy investments inflows, bolstered by an appropriate macroeconomic policy stance.” The domestic outbreak of the Omicron variant receded sharply in April 2022, and border restrictions and domestic containment measures were eased. The aggregate output gap is expected to narrow significantly by the end of this year. The recovery is, nevertheless, uneven across sectors. While both the manufacturing and service sector outputs have surpassed their 2019 levels, the service sector still has pockets of distress, especially in the tourism, hospitality and … [Read more...] about AMRO forecasts Vietnam’s strong recovery amid external headwinds

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Vietnam Airlines suffers $113mn Q1 loss despite revenue surge

May 22, 2022 by tuoitrenews.vn

National carrier Vietnam Airlines remained in the red in the first quarter of this year, with losses of nearly US$113 million, despite its revenue rising to a two-year high. The airline posted a loss of VND2.621 trillion ($112.9 million) over the first three months of 2022, according to its Q1 consolidated financial statements issued on Friday. The loss was recorded even though the flag carrier logged revenue of more than VND11.6 trillion ($500 million) in the period, up 55 percent year on year, the highest performance since the second quarter of 2020, when COVID-19 began to severely affect Vietnam’s aviation industry. The impressive revenue failed to cover the total cost that was higher than expected, leading to the firm’s ninth consecutive quarterly loss, the carrier said. Vietnam Airlines’ fuel expense in the quarter was VND465 billion ($20 million) more than projected given rising world oil prices, VnExpress cited the company as saying. The Q1 result has brought the … [Read more...] about Vietnam Airlines suffers $113mn Q1 loss despite revenue surge

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