A driver in Ha Noi fills up a motorbike at a gas station. — VNA/VNS Photo Measures taken to bring down petrol prices could reduce State budget collection by VND32.5 trillion (US$1.4 billion) this year, according to deputy minister of finance Nguyen Duc Chi. Speaking to reporters at the ministry's monthly meeting, Chi said the Ministry of Finance has put forward a proposal to cut or remove a number of fees and taxes on fuel imports in an attempt to rein in rising petrol prices, which has been hurting economic recovery and businesses. The proposal, which has been approved by the National Assembly's Standing Committee, brought import tax on gasoline from VND2,000 to VND1,000, jet fuel from VND1,500 to VND1,000, diesel from VND1,000 to VND500 and lubricant from VND,000 to VND300. Chairman of the NA Vuong Dinh Hue said as fuel was considered among the country's strategic commodities the government was to utilise all measures and policies at its disposal to regulate prices for the … [Read more...] about State budget faces $1.4 billion drop from fuel tax cuts
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Vietnam midfielder to make debut for French club
Pau will play a local team in Landes, a southwestern province of France. With only 20 players in the main squad, coach Didier Tholot will most likely put Quang Hai in the lineup for the game. In recent training sessions, Hai played as a right-winger, the same position he plays for the national team. He faces competition from David Gomis, a Guinea-Bissau player who scored four goals and assisted twice in 32 games last season. The game will not be broadcast live since Pau want to keep their tactics secret. After this game, Pau will continue their pre-season tour of France, playing Ligue 1 club Toulouse on July 12 and lower-tier clubs Angoulême Charente and Chamois Niortais on the 15th and 23rd. They start the league season on July 30 with a game against EA Guingamp. Hai has signed a two-year contract, becoming the first Vietnamese player to play in a professional football league in France. … [Read more...] about Vietnam midfielder to make debut for French club
Vietnam eliminated from 2018 AFC U-19 Championship after Australia defeat
Vietnam had to bid early farewell to the 2018 AFC U-19 Championship after only two games as they lost 1-2 to Australia during the second group-stage game in Indonesia on Monday afternoon. Considered the underdogs, the Vietnamese let their rivals, who have better physique and technical skills, easily control the match right from the start. In the 36th minute, Angus Thurgate received the ball from a free kick and, thanks to the negligence of the Vietnamese defense wall, managed to comfortably nutmeg goalie Y Eli Nie, opening the scoring for Australia. After conceding the first goal, Vietnam tried to intensify their attacks but failed to cause much difficulty for the Australian defense as their ball phases were slow and thus lacked the surprise element from both wings. With these weaknesses, it is not surprising that Vietnam conceded another goal in the 76th minute after a counterattack from Australia. The second goal for the young Socceroos was scored by striker Ben Folami … [Read more...] about Vietnam eliminated from 2018 AFC U-19 Championship after Australia defeat
Army Corps 4 opens sport festival 2022
During the five-day event, more than 1,000 athletes from 15 sport delegations from the corps’ regiments, brigades, divisions, schools, and agencies will compete in 20 events of 11 sport games. These competitions include strong soldiers, obstacle running course, 3,000 meters armed obstacle running course, swimming, sniper, unarmed combat martial arts, volleyball, football, table tennis, badminton, and tennis. Addressing the opening ceremony, Senior Colonel Le Van Huong, Second-in-Command and Chief of Staff of Army Corps 4 stressed the sport festival aims to review the training capabilities and quality, fitness practice and sport activities of the corps’ affiliates. With lessons drawn from the festival, the corps will adjust its training plans and methods to improve troops’ endurance, mobility and units’ combat strength to meet the task requirements of national construction and defense. Right after the launch, athletes joined several competitions. Below are several images of the … [Read more...] about Army Corps 4 opens sport festival 2022
Quang Hai to make Pau FC debut in friendly on July 8
Vietnamese star footballer Nguyen Quang Hai is likely to make his first appearance for new side Pau FC in a friendly with FC Des Landes on July 8 (local time). Quang Hai scores a goal during recent training sessions in France. Head coach Didier Tholot will test out his squad in this preseason match, and Quang Hai will be given the opportunity to play his first match in Pau FC's jersey. This game is among four friendlies scheduled by French club Pau FC ahead of Ligue 2’s 2022 - 2023 season. Pau FC will later play Toulouse FC, Angouleme Charente FC and Niortais FC on July 12, 15 and 23, respectively. Quang Hai, 25, has recently joined the French squad under a two-year contract. The Vietnamese player scored a goal and claimed an assist during recent training sessions. First established in 1920, Pau FC finished 10th in Ligue 2, France’s second division, in the 2021-2022 season. Ligue 2’s 2022 - 2023 season is scheduled to start on July 30. … [Read more...] about Quang Hai to make Pau FC debut in friendly on July 8
Building innovative funds in blockchain biz
There will be another VIR talk show on blockchain application on July 8, Photo: Shutterstock Earlier this year William Do, CEO of Hobbit Investment, explained that exponential benefits and fast payback time are making blockchain projects a 4.0 trend that is replacing the wave of startups that flourished in previous years. “The blockchain model with its transparent, speedy, and bold projects has solved the problems that pioneering startups of the past could not answer,” he said. According to Do, just a handful of projects launched during the 2017-2020 entrepreneurship wave were able to establish themselves in the international market. The remainder struggled to survive without the support of major players in their industries. In more recent times, Hobbit has successfully raised capital for blockchain game Fight of the Ages (FOTA), and Do will appear on a VIR talk show on July 8 to share his own personal experience as well as the general status of innovation funds for … [Read more...] about Building innovative funds in blockchain biz