Pollution kills 9 million

A view of Nhon Trach 1 and Nhon Trach 2 power plants in Dong Nai. — Photo pvpower.vn PetroVietnam Power Corporation (PV Power) reported post-tax profit of VND1.159 trillion (over US$49.56 million) in the first six months of this year, surpassing the target set for the entire year by 56 per cent. This year, PV Power's profit plan has been adjusted down from its previously announced level. Therefore, its first-half post-tax profit, despite representing an annual decrease of 19 per cent, still exceeded the yearly goal. Also in the period, its electricity output reached 7.1 billion kWh, reducing by 25 per cent year-on-year. Nguyen Dinh Thi, head of PV Power's economic planning department, said that with such output decrease, the company’s revenue amounted to VND14.865 trillion, equaling 61.3 per cent of the yearly plan but down five per cent compared to the same previous last year. Meanwhile, mobilised electricity prices in the first half increased sharply, even hitting … [Read more...] about PV Power’s first-half post-tax profit nears $50 million

Vietnam and Russia affirmed the role of each country in the other’s diplomacy and in the global forums. Russian Foreign Minister Sergei Lavrov told Vietnamese top leaders that Vietnam is one of Russia’s important and trustworthy traditional partners in Asia-Pacific. General Secretary of the Communist Party of Vietnam Nguyen Phu Trong and Russian Foreign Minister Sergei Lavrov in Hanoi on July 6. Photos: VNA, Baoquocte Lavrov stressed the view at meetings with General Secretary of the Communist Party of Vietnam Nguyen Phu Trong, Prime Minister Pham Minh Chinh, and Foreign Minister Bui Thanh Son in Hanoi on July 6. “Naturally, our friendship and our solidarity are based on deep historical roots,” Lavrov said at the meeting with Prime Minister Pham Minh Chinh, Russia News Agency reported. The Russian FM expressed his hope that the two countries will continue making efforts for effective results of the Comprehensive Strategic Partnership which entered its … [Read more...] about Vietnam listed among Russia’s most trustworthy partners in Asia-Pacific: Sergey Lavrov

The annual Toyota concert 2022 is expected to attract a large number of classical music lovers in Hanoi and Ho Chi Minh City. Toyota concert 2022 season will feature two night concerts on July 27 in Ho Chi Minh City and August 5 in Hanoi following the success of previous performances. Music composer Antonín Leopold Dvořák (1841- 1904). File photo The big stage concerts mark the return of one of the most beloved musical events in Vietnam after two years of interruption because of the Covid-19 pandemic. Young talented Vietnamese cello soloist Phan Do Phuc and artists from the Vietnam Symphony Orchestra will perform immortal works by Czech music composer Antonin Dvořák. The concert, which features Cello Concerto B-minor, Op. 104 and Symphony No. 9 E-minor “From the New World”, Op. 95. Cello Concerto B-minor, Op. 104 will be conducted by Japanese Maestro Honna Tetsuji. Antonín Leopold Dvořák (1841- 1904) was the first Bohemian composer to … [Read more...] about Toyota concert makes a come back

Office workers withdraw money from an ATM. (Photo: VNA) In particular, workers in the processing - manufacturing industry had average income of VND7.3 million, rising by some VND476,000 year on year, while salary earners saw an increase of VND417,000 in their monthly income to VND7.4 million Pham Hoai Nam, Director of the Population and Labor Statistics Department under the General Statistics Office, told a press meeting in Hanoi on July 6. In the second quarter, all the 21 economic sectors recorded year-on-year hikes in workers’ average income, including mining (VND9.7 million, up 17.1 percent) and processing - manufacturing (VND7.4 million up 12.4 percent). He said during 2019 - 2021, workers’ income in Q2 often declined from the previous quarter since additional earnings coming from year-end extra work and Lunar New Year bonuses are usually paid in Q1. However, the situation was different this year, when the Q2 average income did not decrease but went up both quarter on … [Read more...] about Workers’ average monthly income grows 5.3 percent in H1

Specifically, by the morning of July 6, Dream Republic Joint Stock Company and Sheen Mega Joint Stock Company have not yet paid a total land-use fee of VND7.82 trillion to the tax agency. According to regulations, after the above deadline, the Ho Chi Minh City Auction Service Center will prepare documents to report the above results to the Department of Natural Resources and Environment and submit them to the People's Committee of HCMC on the cancellation of the auction results. According to regulations, if it is more than 180 days from the time the tax agency signed the notice, i.e., July 6, the auction winner still has not paid the land-use fee, the auction result will be canceled. At the same time, these two enterprises will not receive a total of VND319.2 billion of deposit (20 percent of the starting price). Previously on May 6, Thu Duc City Tax Department decided to coerce by deducting money from the bank accounts of these two enterprises. This decision is valid for 30 days. … [Read more...] about Two Thu Thiem land auction winners still fail to pay land-use fees

Illustrative image. (Photo: SGGP) There were around 410,300 people aged 15 – 24 without a job during the period, accounting for 36.8 percent of the total figure, Pham Hoai Nam, Director of the GSO’s Department of Population and Labor, told the press conference held to announce the Q2 and H1 labor market updates. The unemployment rate among persons of this age group living in urban areas was 9.21 percent, a year-on-year drop of 0.76 percentage point, he added. Both unemployment and underemployment rates declined in Q2 compared to the previous quarter and the same period last year, GSO Deputy General Director Nguyen Trung Tien said. The Q2 employment went up quarter-on-quarter and year-on-year, with a considerable rise reported in the service sector, Tien noted, adding that monthly average wage per person also increased. Data from the GSO shows that the underemployed population was estimated at over 1.1 million, a year-on-year decrease of 30,200. The underemployment rate in … [Read more...] about Unemployment, underemployment drop in H1