The country maintains a reserve of 370,000 cubic meters, which translates into 6.5 days’ consumption, and this is too low, it said in a recent report. The fuel is kept at 24 locations by the country’s biggest fuel distributors since the government does not have its own storage. For the last five years Vietnam has never needed to use this reserve, but the ministry cautioned about unpredictable and urgent regional and global developments. It wants to quadruple the reserve into a month’s requirement by 2025. Fuel distributors are required to maintain stocks to meet 20 days’ demand. But in January-February this year, when one of the country’s two refineries had to cut production due to a cash crunch, they were not maintaining the 20-day supply and this led to a shortage in the market, the ministry said. Gasoline prices surged by nearly 38 percent for the year by June to VND32,870 ($1.40) per liter. It has now dropped to the same level as in January, VND24,660. … [Read more...] about Fuel reserve too small for safety: industry ministry
Amid fuel cost hikes
Air passengers reach record number, delays and cancellations increase
As of increasing passengers in July, 41 flights are cancelled due to technical factors and late flights. The on-time rate of flights was only 81 per cent out of the total of more than 33,200 flights. — Photo cafef.vn The number of air passengers reached nearly 12 million, an increase of more than 40 per cent in July compared to pre-COVID, said the Civil Aviation Administration of Viet Nam (CAAV). Along with a sharp increase in the number of passengers, flight cancellations and delays also increased rapidly, partly due to subjective errors from airlines, adding the local airports served, of which domestic passengers flew more than 10.5 million times, an increase of nearly 6 per cent compared to June. CAAV said flight delays and cancellations in the past month had increased dramatically many times, causing frustration in public and affecting the quality of aviation services. The matter was partly due to many bottlenecks in the airport infrastructure and unusual weather, said … [Read more...] about Air passengers reach record number, delays and cancellations increase
Hanoi to spend nearly $3.9ml on overseas training for public officials
The capital city will give priority to young cadres or female cadres. Hanoi has made a plan to spend nearly VND90 billion (US$3.9 million) to train public servants in developed countries, according to the municipal People’s Committee. The committee said early this week that its overseas training project will focus on refreshing and enhancing professional knowledge and skills for around 500 cadres, civil servants, and public employees from the city’s six departments during the 2022-25 period. These departments need to make detailed plans for their qualified employees to take such refresher courses in Australia, Germany, France, Japan, New Zealand, Singapore, the US and among others, the committee added. It noted that the training courses are expected to upskill Hanoi’s employees, thereby strengthening their work effectiveness and contributing to the capital city’s management efficiency. A staff guides a local resident administrative documents at an office … [Read more...] about Hanoi to spend nearly $3.9ml on overseas training for public officials
Eight new hotels and resorts in Vietnam introduced on CNN Travel
Alma resort in Cam Ranh The hotels include Azerai Ke Ga Bay, Wink Hotel Saigon Center, Alma Resort, Maia Resort Quy Nhon, Regent Phu Quoc, Maia Resort Quy Nhon, Capella Hanoi, and Radisson Hotel Danang. The first hotel on the CNN Travel’s list is Azerai Ke Ga Bay, 180km from Ho Chi Minh City with unlimited views with wide angles stretching to 5km of coastline and fine white sand. Secondly, opened in 2021, Wink Hotel Saigon Center targets a young, local Vietnamese demographic for whom authenticity is everything. Designed by a Paris-based agency, the hotel's rooms may admittedly be space-efficient, no expense has been spared inside them but they feature luxury mattresses, fine linens, and a power shower. Thirdly, the expansive Alma resort sits amid 30 hectares at Bai Dai of Cam Ranh peninsula and offers a wide range of amenities for guests staying in its 580 suites and pavilions, all of which face Long Beach. The resort has a system of 12 swimming pools arranged from high to low … [Read more...] about Eight new hotels and resorts in Vietnam introduced on CNN Travel
Lai Chau wants to build airport
The northern mountainous province of Lai Chau is seeking Prime Minister Pham Minh Chinh’s approval for the construction of an airport through a public-private partnership (PPP). According to the provincial people’s committee, Lai Chau Airport is listed in the government’s national aviation development plan issued in 2018. Under Lai Chau’s proposal, Lai Chau Airport would have an annual capacity of 500,000 passengers and be used for both civil and military purposes by 2030. The airport would cover 167 hectares in Tan Uyen Town and cost VND8 trillion (USD344.82 million). Lai Chau People’s Committee said that several investors had expressed their interest in the project. At present, Dien Bien Airport is the only one in the northwestern region of Vietnam. Under the Ministry of Transport’s planning proposal, by 2030, the region would have three more airports at Lai Chau, Sapa in Lao Cai and Na San in Son La. Lai Chau has a 265-kilometre border with China. The … [Read more...] about Lai Chau wants to build airport
President asks police officers to try their best to fullfill UN peacekeeping tasks
President Nguyen Xuan Phuc (third from right) presents the decision and flowers to new officers assigned to United Nations peacekeeping missions (Photo: VNA) Hanoi (VNA) – President Nguyen Xuan Phuc has asked police officers assigned to United Nations peacekeeping missions to bring into full play their talents, strengths and creativity to fulfill their assigned tasks. He made the statement during a ceremony hosted by the Ministry of Public Security (MPS) in Hanoi on August 12 to present the President’s decision on sending officers to the UN peacekeeping mission s and the Minister of Public Security’s decision on the establishment of the MPS Office for Peacekeeping Operations. The deployment of personnel to UN peacekeeping operations aims to deliver the State’s commitment to protecting global peace, in line with the “The Vietnamese people’s public security force participates in the UN peacekeeping operations for the 2014-2020 period and following years” project, he … [Read more...] about President asks police officers to try their best to fullfill UN peacekeeping tasks