A facility of Petrovietnam Gas Joint Stock Corporation (PV GAS). PV GAS posted after-tax profit of nearly VND7 trillion (US$300 million) in the first six months of 2022. — VNA/VNS Photo Petrovietnam Gas Joint Stock Corporation (PV GAS) posted after-tax profit of nearly VND7 trillion (US$300 million) in the first six months of 2022, up 87 per cent compared to the target and 59 per cent year-on-year. Its before-tax profit reached over VND8.67 trillion (over $371.3 million) in the January - June period, up 87 per cent and 56 per cent, respectively. The firm produced and supplied over 1 million tonnes of liquefied petroleum gas (LPG) in the first two quarters of 2022, surpassing 23 per cent of the plan and equal to 99 per cent of that in the same period last year, accounting for about 70 per cent of the wholesale market share of the country. It also produced and supplied 56,800 tonnes of condensate, up 67 per cent compared to the plan and 85 per cent against the same period in … [Read more...] about PV GAS’ after-tax profit hits nearly $300 million in 6 months
Library displays by month
Experts look for ways to bolster tourism in North Central region
As major cities of Vietnam, Hanoi and HCMC will promote tourism in the northern and central regions of the country. The six North Central provinces need to cooperate with key localities of Hanoi and Ho Chi Minh City (HCMC) to attract more tourists and increase revenue. Lan Chau Island in Cua Lo Town, Nghe An Province. Photos: nghean.gov.vn This is key content discussed by more than 500 delegates from various ministries, international organizations and tourism businesses at a tourism forum, with the theme “Convergence of Quintessence - Enhanced Destination Experience”, held in the central province of Nghe An early this month. Nguyen Duc Trung, Chairman of Nghe An Provincial People's Committee pointed out that the forum was an event marking an important and comprehensive turning point in the cooperation between Hanoi and HCMC with the provinces of Ninh Binh, Thanh Hoa, Nghe An, Ha Tinh, Quang Binh and Quang Tri, in which Nghe An played the role of a tourism … [Read more...] about Experts look for ways to bolster tourism in North Central region
Vietnam makes unremitting efforts to end violence against women and children
Millions of children, including those in Vietnam, are victims of physical, sexual, and emotional violence in families, schools, and the internet. The Vietnamese Government has been making unremitting efforts to end violence against women and children over the past years, paying special attention to the negative impacts of the Covid-19 pandemic on people. Deputy Minister of Labor, Invalids and Social Affairs (MoLISA) Nguyen Thi Ha made the statement at the launching ceremony for the Blue Heart Campaign 2022 held in Hanoi on July 5. Themed “No tolerance to violence against children and women”, the campaign calls on people to take action in response to violence against children and women. Deputy Minister of Labor, Invalids and Social Affairs Nguyen Thi Ha speaks at the launching ceremony. Photo: Nhat Anh Deputy Minister Nguyen Thi Ha said the campaign aims to end violence in the context of increasing risks with diverse forms of violence. “However, the … [Read more...] about Vietnam makes unremitting efforts to end violence against women and children
Workers hope for allowance increase amid price surge
Workers at a factory in Binh Duong province (Photo: VNA) A worker’s monthly income usually consists of the base salary, overtime pay and allowances. Do Thi Thu Hoai, an employee in Phu Tho province, said: “I have been working at this company here for five years, but the allowances have remained the same for me. “I see that several other companies provide an amount for accommodation support, but here we don’t receive any.” Each month, she receives her base salary of VND4.4 million (US$188), alongside the allowances of VND300,000 for diligent attendance, VBD150,000 for fuel charges, and VND30,000 for female employees. There was an allowance for employees with children of VND100,000 (US$4.30) per month, but this no longer exists, she said. She added that not only have these amounts remained unchanged throughout the years, but they also follow a very strict policy. The allowance for diligence, for example, can only be given if the employee has perfect attendance in that … [Read more...] about Workers hope for allowance increase amid price surge
Rental assistance package for workers disbursed at snail’s pace
The government in late March issued a decision to grant a financial support package of VND6.6 trillion ($287.4 million) to help migrant workers pay rent for up to three months. The package is to be given to 3.4 million people by mid-August. As approved by the government, each worker will receive VND500,000-1 million per month over no more than three months. Two groups of beneficiaries are those who have labor contracts and have contributed to social insurance premiums via their salaries; and those that are currently working at industrial parks, export-processing zones and economic zones in 24 cities and provinces: Hanoi, Hai Phong, Quang Ninh, Hai Duong, Hung Yen, Vinh Phuc, and Bac Ninh in the north, Thua Thien-Hue, Da Nang, Quang Nam, Quang Ngai, and Binh Dinh in the central region, and Ho Chi Minh City, Binh Phuoc, Tay Ninh, Binh Duong, Dong Nai, Ba Ria – Vung Tau, Long An, Tien Giang, Can Tho, Ca Mau, An Giang and Kien Giang in the south. Until now, 558,000 workers at … [Read more...] about Rental assistance package for workers disbursed at snail’s pace
Vietnam, Mexico promote economic, trade, investment cooperation
Deputy Minister of Industry and Trade Do Thang Hai speaks at the forum (Photo: VNA) Mexico City (VNA) – A delegation of 23 Vietnamese entrepreneurs, led by Deputy Minister of Industry and Trade Do Thang Hai , attended the Vietnam-Mexico Business Forum in Mexico City on July 4, aiming to seek cooperation opportunities with the host country’s partners. Undersecretary for Foreign Trade in Mexico 's Secretariat of Economy Luz Maria de la Mora spoke highly of the bilateral economic and trade relations, affirming that Mexico considers Vietnam a strategic market in the Asia-Pacific region. She expressed her hope that the two countries’ authorised agencies will continue strengthening close coordination in the coming time and their businesses will effectively take advantage of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), contributing to promoting bilateral trade turnover as well as post-pandemic economic recovery. The official affirmed … [Read more...] about Vietnam, Mexico promote economic, trade, investment cooperation