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Nguyen Thi Thu Hien, 34 and her friends had their tickets from Singapore to Jeju Island canceled on August 9 because they did not have visas. The island, however, has a visa exemption policy for tourists. Hien, from Hanoi, said she'd already visited Jeju back in 2018 under the visa exemption policy and wasn't aware that it had changed when she booked the tickets for her and her friends to fly there from Singapore. "When we got to the Changi Airport for check-in procedures, an employee told us to discuss the issue with the airline. A representative of Scoot Airlines said Vietnamese, Thai, Mongolians and people from certain other countries would no longer be able to enter Jeju Island under the visa exemption policy. The airline said it would refund our tickets," Hien said. Vu Quoc Hung, 31, who had booked tickets with 11 other Vietnamese to fly from Ho Chi Minh City to Jeju on August 11 via Singapore, had the same experience. Hung's group reached the Changi Airport and did some … [Read more...] about Airline cancels Vietnamese tourists’ tickets to South Korea’s Jeju Island

The office said that the major products Vietnam shipped to Laos included petrol, vegetables, fertilizers, clinker and cement, electric wires and cables, paper and paper products, ceramics, and garment products. Meanwhile, Vietnam mostly imported from Laos fertilizers, rubber, wood and furniture, ore and other minerals. In July alone, two-way trade hit USD 125 million, a surge of 54.1% year on year, including Vietnam’s export revenue of nearly USD 53.2 million, up 33.9%. This was the third consecutive month that Vietnam enjoyed an increase in exports to Laos, helping reduce the fall in the turnover to minus 1.6% from minus 6% in the first half of this year. In August, Vietnam expects continuous rise in exports to Laos thanks to the stable conditions of the Lao economy, the reduction in petrol prices in the world and the rising number of Vietnamese investors in Laos. Source: VNA … [Read more...] about Vietnam, Laos enjoy 24.2% rise in two-way trade in 7 months

Vietnam competed in the qualifying round of the tank biathlon category within the framework of the International Army Games 2022 in Moskva, Russia on Saturday, the Vietnam News Agency reported. This year’s tank biathlon event attracts the participation of 61 crews of 21 teams, divided into two groups. The first group consists of teams from Azerbaijan, Belarus, Venezuela, Vietnam, Kazakhstan, Russia, Kyrgyzstan, China, Uzbekistan, and Mongolia, while the second is comprised of Abkhazia, Armenia, Zimbabwe, Iran, Laos, Mali, Myanmar, Syria, Sudan, Tajikistan, and South Ossetia. Teams in Group 1 will compete in the qualifying round to select the top eight to enter the semi-final round and then the best four for the final round. Meanwhile, those in Group 2 will only join a round-robin format. Crew No.1 of the Vietnamese tank team completed their task on Saturday, destroying four targets out of five and finishing the race after 34 minutes 53 seconds. Meanwhile, crews from … [Read more...] about Vietnam’s tank team competes in International Army Games in Russia

Clients at an SHB branch. The bank was given the nod on capital expansion. — Photo courtesy of SHB The State Bank of Vietnam (SBV) has given the Saigon Hanoi Commercial JS Bank (SHB) the go-ahead to raise its charter capital to VNĐ26,674 billion (US$1.1 billion). The rise is the first part of SHB's plan to reach VNĐ36,459 billion in capital in 2022 to position itself among the three private commercial banks with the largest charter capital. SHB said it had submitted the plan, passed by its shareholder general meeting, to SBV for approval. Under the plan, SHB was also set to pay a dividend yield of 15 per cent to its existing shareholders for the financial year 2021 and offer a total of 45.12 million new shares for VNĐ12,500 apiece to its employees and the shareholders. By late June, SHB had VNĐ522 trillion in total assets, VNĐ471 trillion in total deposits and VNĐ390 trillion in total credit. It made a six-month before-tax profit of VNĐ5.9 trillion, up 84 per cent … [Read more...] about SHB gets approval to raise capital

In 2016, Ho Chi Minh City drew up plans for a series of projects in the Tan Son Nhat International Airport area, an important traffic hub that connects with downtown areas of several districts like Tan Binh, Tan Phu and Go Vap. Among the projects were overpasses over the Truong Son Road, the Nguyen Thai Son-Nguyen Kiem intersection and expansion of the Hoang Minh Giam Road, which were all completed within three years and helped relieve traffic congestion in the area. But several other projects have suffered repeated delays, including a road to connect the major streets of Cong Hoa and Tran Quoc Hoan. This 4 km road with an investment of over VND4.8 trillion ($205.1 million), has been delayed by land clearance issues, mostly related to military land. About 15 km away, traffic at the Cat Lai Port area in Thu Duc City has also been a headache for years. Since 2016, HCMC has worked on the first phase of a My Thuy Intersection project, which includes overpasses, underground tunnels … [Read more...] about HCMC key traffic infrastructure projects delayed for years over land clearance, fund issues

Phnom Penh (VNA) – Cambodia has seen a significant rise in both drug arrests and seizures during the first seven months of 2022, the Anti-Drug Police Department (ADP) reported on August 13. Cambodia n authorities apprehended 9,151 drug related suspects during the January-July period this year, up 16% from 7,876 in the same period last year, it said, adding that about 3.27 tonnes of illicit drugs had been seized, up almost 240% from 963 kg. The seized drugs included heroin, ecstasy, cocaine, crystal methamphetamine, methamphetamine pills, cathinone and ketamine, among others. Additionally, about 201 tonnes of drug ingredients, 17 pistols, 31 rifles and many vehicles and devices had been confiscated from the suspects. Cambodian Prime Minister Samdech Techo Hun Sen has called for concerted efforts to combat illegal drugs, saying that fighting against illicit drugs is a priority. The Southeast Asian nation has no death sentence for drug traffickers. Under its law, anyone … [Read more...] about Cambodia arrests over 9,100 drug suspects in seven months