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
How much do fossil fuels cost
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
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
NA Chairman attends consulting conference on draft revised medical law
National Assembly Chairman Vuong Dinh Hue speaks at the event. (Photo: VNA) Hanoi (VNA) – National Assembly Chairman Vuong Dinh Hue attended a conference that sought experts’ opinions on the draft Law on Medical Examination and Treatment (amended) in Hanoi on August 12. The draft law was tabled for discussion at the third session of the legislature, and is expected to be approved in the next sitting, Hue said, stressing its significance to not only the medical sector but also socio-economic development. The top legislator noted contents that need to be adjusted in the document, regarding the granting of practice permits , medical checkups and treatment for foreigners, foreign medical experts, self-financing mechanism at medical facilities, resources for health care, and public-private partnership in this regard. Representatives from the Ministry of Health, universities and hospitals and experts raised their opinions on financing in public hospitals, medical costs … [Read more...] about NA Chairman attends consulting conference on draft revised medical law
8 injured as car crashes into filling station in Hanoi
A car crashed into a petrol station in Dong Da District, Hanoi on Friday night, injuring at least eight people waiting to fill up their tanks. The incident happened at around 10:15 pm at the station on Lang Street. The car, numbered 30H-758XX, hit the pump hard enough to cause it to tilt, but thankfully no damage involving fuel was caused. A car crashed into a gas station on Lang Street in Dong Da District, Hanoi, August 12, 2022. Photo: Ha Quan / Tuoi Tre At least eight people were injured, including two employees of the station. The police have identified the car driver as 35-year-old Ngo Cong Han, hailing from northern Bac Ninh Province and residing in Hanoi's Thanh Oai District. This supplied photo shows Ngo Cong Han, who crashed his car into a gas station on Lang Street in Dong Da District, Hanoi, August 12, 2022. Han told officers that he consumed some beer and was driving home right before the incident. A measurement result showed … [Read more...] about 8 injured as car crashes into filling station in Hanoi