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An aircraft of Vietnam Airlines at Buôn Ma Thuột Airport in Đắk Lắk Province.— VNS Photo Thanh Hải Viet Nam needs policies to support and remove difficulties for domestic airlines to regain their growth momentum in the post-COVID recovery period, transport experts said yesterday. At the seminar "Restoring and developing Viet Nam's aviation industry in a new context" organised by Communist Review, in collaboration with the Ministry of Transport (MoT), experts said the air transport industry has been seriously affected and they urge the government to create the market and the development corridor as a key to return to the growth trajectory of the aviation industry. Dinh Viet Thang, director of the Civil Aviation Authority of Viet Nam (CAAV) said: “The COVID-19 pandemic has delayed the development of the aviation industry and caused negative consequences for units in the air transport chain, especially the national airline Vietnam Airlines.” He added Viet Nam's aviation market … [Read more...] about Aviation industry needs more financial help to recover

Rental market in HCMC sees uptick After a long time affected by the Covid-19 epidemic, many renters were able to benefit from price reductions but now housing demand spiked. Many investors have demanded to rent premises in the center of the southern metropolis such as in District 1, and District 3. The rent of business premises with an area of 60 square meters - 100 square meters on some main roads in District 1 such as Le Thanh Ton and Ly Tu Trong streets is about VND200 million a month while renters must pay VND80 to VND200 million per month for a premise in Nguyen Thi Minh Khai Street. Mr. Ha Van Chinh, a real estate broker, said that he has a premise in Tran Hung Dao Street in District 1 for rent and many investors have come to ask for rent. However, many tenants are still waiting for the landlord to offer a good price, because in the current situation when many commodities’ prices are escalating, they necessarily consider carefully before starting a business. Not only … [Read more...] about Rental market in HCMC sees uptick

Illustrative image (Source: VNA) Hanoi (VNA) - Vietnam ’s aviation industry needs to improve to keep up with the global market as flights resume following the pandemic, Deputy Minister of Transport Le Anh Tuan said on May 24. He made the remark at an international seminar titled “Vietnam aviation in a post-pandemic world” organised by Tap chi Cong San (Communist Review) and the Ministry of Transport. There were 42 million international visitors out of 116 million air passengers in Vietnam in 2019, before the pandemic broke out. About half of them came to Vietnam to invest and seek business opportunities. The volume of goods shipped by air reached 1.5 million tonnes in 2019, which was rather low compared to other modes of transport but accounted for 25 percent of the value of exported goods. With a growth rate of over 15 percent per year in the 2010-2019 period, Vietnam's aviation market is considered to be the fifth fastest-growing market in the world and the … [Read more...] about Solutions sought to help Vietnam’s aviation industry take off

There are now four Molnupiravir-based drugs produced in Việt Nam approved for domestic use. Photo suckhoedoisong.vn HÀ NỘI — Molnupiravir Stella 200mg, a drug from Stellapharm J.V.Co. Ltd., has been authorised by the Drug Administration of Việt Nam (DAV) for the domestic treatment of COVID-19. This is the fourth Molnupiravir-based drug produced in Việt Nam to be authorised for use in the country. The DAV orders manufacturers to adhere to documents registered with the Ministry of Health; coordinate with treatment facilities to strictly comply with current regulations on prescription drugs, monitor the safety, effectiveness, and unwanted effects of drugs on Vietnamese people, as well as compile reports according to regulations. At the same time, the DAV also requested local departments of health notify medical examination and treatment facilities, medical staff, and drug suppliers in the area to inform patients of the benefits and risks when using Molnupiravir, including … [Read more...] about One more molnupiravir-based drug authorised for use in treating COVID-19

Governor of the State Bank of Vietnam Nguyen Thi Hong Accumulating from August 15, 2017 to December 31, 2021 all CIs settled VND380,200 billion ($16.4 billion), less than a half of the expected amount. If Resolution No.42 expires, the sum of unsettled bad debts identified by that Resolution (including newly arisen one) will reach VND430,000 billion ($18.5 billion) and VND443,000 billion ($19.1 billion) at the end of 2022 and 2023, respectively. After a large amount of bad debts in 2018 and 2019 had been successfully handled, this speed slowed down considerably, especially that in the form of customer self-payment, due to negative influences of the Covid-19 pandemic. According to the Government, when Resolution No.42 expires on August 15, 2022, the bad debt settlement mechanism of CIs comes back to observe normal legal regulations, which might lead to unwanted prolonging of bad debt handling among CIs, particularly weak ones. More importantly, since the pandemic as well as … [Read more...] about Extension for Resolution No.42/2017/QH14 on bad debt handling proposed

At the talk, the military commands of the two provinces updated each other on the socio-economic, defense-security situations in 2021 and the first quarter of 2022, and reviewed their coordination in military-defense task performance over the past time. In particular, in 2021, the two sides maintained information exchange and promoted dissemination among local people of information about the traditional relationship between the two parties, states, and peoples, as well as regulations and border restrictions signed by the two countries. Additionally, the two military commands coordinated with each other to prevent and control the COVID-19 pandemic while addressing immigration issues, maintaining security, social order and safety in the shared borderline, and combating cross-border crimes. Since 2020, the Thanh Hoa provincial Military Command has presented anti-COVID-19 medical supplies and equipment, worth more than VND 2.5 billion, to the Houaphanh provincial Military Command and … [Read more...] about Vietnamese and Lao military units promote defense cooperation