June 29

Inside a Tien Phong Plastic Joint Stock Company factory. (Photo courtesy of the company) Hanoi (VNS/VNA) - Many plastic enterprises reported increased gross profit in the second quarter of this year thanks to lower raw material prices. Binh Minh Plastics Company (BMP)’s revenue reached 1.56 trillion VND (66.7 million USD) in Q2, up 7% year-on-year. The company's profit after tax was 3.5 times higher than in the second quarter of 2021, mainly thanks to the significant improvement in gross profit margin from 12.9% to 25.1%. The business attributed the increase in profit to the decrease in the price of plastic raw materials and unchanged selling prices. Tien Phong Plastic JSC (NTP) also recorded positive business results in Q2. Specifically, revenue increased 38% to 1.72 trillion VND (73.6 million USD). Gross profit doubled to 504 billion VND. Profit margin was 29.3%, up sharply from 19.9% in the second quarter of 2021. However, financial expenses and selling expenses … [Read more...] about Plastic firms report profit rises in Q2

Ministry proposes keeping Covid-19 in Group A of infectious diseases Regarding the reason why Covid- 19 has not been considered an endemic disease in Vietnam yet, the Ministry of Health said that most countries in the world are in a state of unstable cases and deaths, with an erratic increase and decrease trend when new variants of the SARS-CoV-2 virus appear. At the same time, acquired immunity (due to vaccines and infection) has not been stable for a long time and decreases over time. In Vietnam, more than 9 million new cases were reported in the first seven months of this year, with over 33,000 cases in July alone, up 22.4 percent from June. Cases of sub variants BA.4, BA.5 have been recorded and began to account for a large proportion in southern provinces. Meanwhile, the rates of booster shot vaccination and vaccination among children were low in some localities. The rise in new cases could cause overload of the health system, particularly in the context of other diseases … [Read more...] about Ministry proposes keeping Covid-19 in Group A of infectious diseases

There are five vaccines being in the research and clinical trial process, namely Nanocovax, COVIVAC, ARCT-154, COVID-19 HIPRA and S-268019, the ministry said, adding the research is being conducted on schedule and in line with contents of the research plans approved by the ministry. The work is expected to complete in December next year. As of August 11, Vietnam received 253,071,094 doses of COVID-19 vaccine, including 234,636,494 for the people aged 12 and above, and 18,434,600 for children aged between 5-11. So far, as many as 249,778,892 doses have been administered to people nationwide, with 100% of people aged over 18 years old; and from 12 to under 18 getting the first and second injections. The vaccination rate of 3rd and 4th shots in the over-18-year-old group reached 73.9% and 57.4%, respectively. In July, as many as 13.4 million doses of COVID-19 vaccine were administered to people nationwide, up 2.1 million compared to June, the ministry said. Localities across the … [Read more...] about Progress in research, clinical trials of domestic COVID-19 vaccines updated

Knowhow of a perfect Vietnamese traditional ‘ao dai’ comes to the tailors in Hanoi's suburb village almost naturally, contributing to enhancing the beauty of the Vietnamese women. For hundreds years, many generations of tailors in Trach Xa village have contributed to preserving and promoting the charm of the traditional Vietnamese costume. Hundreds-years-old craft village Charming Vietnamese girls in ao dai dress. Photo: Thanh Hai Legend has it that Emperor Dinh Tien Hoang fell in love with a beautiful girl of Trach Xa during his visit to the village. She became his wife and used her creativity to make outfits for the royal court. Trach Xa Village in Ung Hoa District, 60km away from Hanoi’s center, has been well known for hundreds of years for specializing in traditional ao dai making. But artisan Nghiem Van Dat says that the mother of this trade is Nguyen Thi Sen, who was very young when her sewing skills were put at the service of the royal family … [Read more...] about [Uniqueness of Hanoi’s craft villages] Trach Xa villagers: Born to be skillful ‘ao dai’ tailors

In July, the growth rate of seafood exports continued to slow down to 14% on the year, earning 970 USD million. (Photo baodautu.vn) Hanoi (VNS/VNA) - Vietnam's seafood export value is expected to slow growth to 3 billion USD in the third quarter due to a lack of raw materials and disadvantages in the market in the second half. At the beginning of the year, farmers released shrimp due to the forecast that the weather would not be too cold. They have expected to early harvest raw shrimp . However, diseases and the quality of shrimp seeds have affected farming results. According to Ho Quoc Luc, former chairman of the Vietnam Association of Seafood Exporters and Producers ( VASEP ) and also chairman of the Sao Ta Foods Joint Stock Company (FIMEX), there are three reasons for the shortage of raw shrimp, including disease, quality of shrimp varieties and water source. By the end of this year, the supply of raw shrimp will not be abundant, and prices will remain high, … [Read more...] about Seafood exports expected to reach 3 billion USD in Q3

The FAA said as a condition of approval Delta "should offer customers a refund or rebook them on Delta or another carrier as needed for canceled flights at the three airports." Delta did not immediately comment. Delta had asked the FAA to waive minimum slot requirements at the congested airports because of a issues including New York airport construction, crew sick time, severe weather and air traffic control issues. The FAA said the approval "will support Delta’s steps to make schedule adjustments and staff assignments to increase the reliability of its operations and minimize disruptions to travelers." The relief covers flights June 1 through Sept. 5. Airlines can lose their slots at some congested airports if they do not use them at least 80% of the time. In May, Delta said its pilots missed 19,985 days due to sickness, up 45% from 13,786 days in May 2019. In June, pilot sick days rose 50% from June 2019. Delta also said in May its flight attendants reported 43,908 days … [Read more...] about US allows Delta to temporarily cut some New York, Washington flights