According to the Ministry of Planning and Investment, Ho Chi Minh City and five provinces in the Southeast region will likely have negative growth in 2021. In January-August 2021, HCM City’s industrial production index decreased by 6.6%, FDI attraction decreased by more than 43%, disbursement rate of public investment was only 30%. According to the Ministry of Planning and Investment, the growth of gross domestic product (GRDP) in the southeastern region and the Mekong Delta in 2021 is forecasted to be -0.13%, much lower than the expected growth rate of 6.2 - 6.5% for the Southeast region in 2021. The Southeast region includes Ho Chi Minh City, Tay Ninh, Binh Duong, Binh Phuoc, Dong Nai and Ba Ria - Vung Tau provinces. At a recent online conference on developing plans for socio-economic development and public investment in 2022 of the southeast region and the Mekong Delta, HCM City Vice Chairman Vo Van Hoan was reported to say that in January-August 2021, the … [Read more...] about HCM City needs help to rise up after the pandemic
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HCM City to receive 56,555 tonnes of rice from national reserve The General Department of State Reserves under the Ministry of Finance has issued a document on the provision of over 56,555 tonnes of rice from national reserve to Ho Chi Minh City to support pandemic-hit residents. The department has signed contracts with the Phat Tai Company Limited in Dong Thap province, Thuan Minh Import-Export JSC in HCM City and Trung An High-Tech Agriculture JSC in Can Tho city to buy enough rice to supply to HCM City. The HCM City State Reserve Department is tasked to work with local authorities to distribute fee rice to people in need. Earlier, the General Department has given 14,500 tonnes of rice to the city. The distribution was completed on September 9./. Local students win ASEAN Youth Social Journalism Contest 2021 Vietnamese students Nguyen Nhat Vi and Pham Quang Vinh, both of whom are studying at RMIT University, have won third prize at the ASEAN Youth Social … [Read more...] about VIETNAM NEWS HEADLINES SEPTEMBER 25
The imposition of the floor price is aimed at balancing the interests of local consumers, airlines, and the State. As August’s proposal to apply minimum fares for air tickets under the draft circular on pricing scheme aroused controversy, the Civil Aviation Administration of Vietnam (CAAV) has submitted a report explaining the imposition of floor prices to the Ministry of Transport. The imposition of the floor price may exert negative impacts on some airlines’ operations. Photo: Vietjet Air The CAAV’s Director Dinh Viet Thang affirmed that the calculation of the floor price is complicated as costs and services of local airlines are not on the same level, making it difficult to determine the minimum price applicable to all airlines. Therefore, the minimum price is defined by comparing with that of other countries, Thang said. The proposed floor price is equivalent to 20% of the regulated ceiling price on domestic routes. The rate of Indonesia, India, and … [Read more...] about How will Vietnam apply domestic airfare floor price?
In early 2021, 59 foreign tourists arrived in Phuket province in southern Thailand and were quarantined at a luxury hotel for 14 days. This is one of the first groups of international tourists to Thailand under the "resort quarantine" program. According to the Center for COVID-19 Situation Administration of Thailand (CCSA), a group of Korean tourists also went to a golf course in Nakhon Nayok for quarantine. After 14 days of quarantine and playing golf here, they were allowed to fly to Chiang Mai to continue their tour. Six golf resorts have been approved by the Thai Government as isolation centers for tourists. This tour got the attention of Korean businessmen doing business in Thailand and golf athletes and players who were looking for a practice facility. With this program, they can travel, comply with the quarantine rules, and play golf. In South Korea, golf is one of the sports that attracts the rich. This is the third largest golf market in the world with more than 3 … [Read more...] about Quarantine services: gold mine for golf tourism
A hi-tech shrimp farm in Trần Đề District, the Mekong Delta Province of Sóc Trăng. — VNA/VNS Photo Trung Hiếu Director General of the Directorate of Fisheries Trần Đình Luân told Quân đội Nhân dân (Army’s People) newspaper about the difficulties in granting a production unit code for shrimp-farming areas Why is it necessary for aquaculture production areas to have the production code? The code has been granted to tra fish growing areas in Việt Nam. The code not only helps meet tra fish importers’ requirements in origin traceability but also helps State agencies better manage and direct production thanks to further sufficient data. Thanks to the data, the agencies can learn exactly about production areas, estimated yearly outputs and then take proper action to manage production and consumption. The code also provides information about the origin of aquacultural products and then detects problems in specific sections – production, transportation or processing. … [Read more...] about Production code paves the way for shrimp exports: Official