Sky harbor international airport terminal 4

A COVID-19 vaccination site in Hanoi (Photo: VNA) Tokyo (VNA) - The Executive Board of the International Monetary Fund (IMF) has highly valued Vietnam’s policy support to cushion the impact of COVID-19 in tandem with successful maintenance of fiscal, external, and financial stability and an impressive vaccination rollout. In a press release following a recent consultation with Vietnam, the IMF Executive Board said a recovery is underway and high frequency indicators point to stronger momentum going into 2022, with rising retail sales, industrial production, and firm entry. Growth is expected to reach 6% in 2022 as activity normalisation continues and the programme for recovery and development is implemented. However, the recovery of the labour market is lagging as underemployment remains high. While inflation has recently picked up due to rising commodity prices and supply-chain disruptions, it remains well below the central bank’s inflation ceiling. The Executive Board … [Read more...] about IMF hails Vietnam’s moves to cushion COVID-19 impacts

CHI Hospitality International inaugurates a Stay7 International Hotel in the central city of Nha Trang. —Photo courtesy of the firm South Korean hotel management company CHI Hospitality International has inaugurated a Stay7 International Hotel in the central city of Nha Trang to take the opportunity from the recovery of the country’s tourism industry. Stay7 International Hotel Nha Trang has 203 luxuriously designed rooms at 65 Tran Quang Khai in the heart of Nha Trang City. There is a modern swimming pool on the 28th floor, ranked as one of the city's five most beautiful swimming pools. Currently, CHI Company Group has businesses in Viet Nam, such as in Ha Noi and HCM City, including financial/real estate, manufacturing, industrial logistics, and hotels. They are actively carrying out investment/operation projects in resort development in Da Lat and Phu Tho Province, 5-star hotels in Da Nang City, and residence buildings with about 320 rooms in Thai Nguyen Province. A … [Read more...] about South Korean hotel chain opens in Nha Trang

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

General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong hosted a reception for Russian Minister of Foreign Affairs Sergey Lavrov in Hanoi on July 6. Party General Secretary Nguyen Phu Trong (R) receives Russian FM Sergey Lavrov. (Photo: VNA) Lauding the political position and leadership role of the CPV in the process of national development and foreign policy of Vietnam, the Russian FM held that the external policy of the CPV and relations between the Vietnamese Party and State, and Russia have been supported by political parties of Russia, reflected by their sound ties with the CPV. He briefed his host on the outcomes of his talks and meetings with Vietnamese officials, affirming that Russia has attached much importance to the comprehensive strategic partnership with Vietnam, and supported ASEAN's central role in the region. Lavrov thanked Vietnam for making contributions to the enhancement of Russia-ASEAN … [Read more...] about Party chief receives Russian Minister of Foreign Affairs

Illustrative image (Photo: SGGP) Under the proposal, the Ministry of Transport proposed a reduction of road use fee of 30 percent for passenger transport business vehicles and road toll charges of ten percent for commercial vehicles transporting goods; 20 percent for domestic transportation in the marine sector, including tonnage fees, marine guarantee fees, and entrance and departure fees. In addition, the Ministry of Transport has suggested a reduction of 20 percent of airline service fees, consisting of fees for the grant of certificates and licenses related to civil aviation activities, permission to access airport restricted areas, fees for aircraft guarantee transactions The railway sector is expected to enjoy a fee reduction of 50 percent in using railway infrastructure while the inland water transportation area will get a 50 percent cut of fees for departure and entrance of ports; inland waterway reporting fees. By Bich Quyen – Translated by Kim Khanh … [Read more...] about Transport Ministry proposes fee reduction for different modes of transportation

Vietjet offers passengers a golden week with 777,777 domestic and international tickets priced from only 7,700 to jubilantly welcom the double day 7/7 (July 7). (Photo: Vietjetair.com) Hanoi (VNA) - Vietjet offers passengers a golden week with 777,777 domestic and international tickets priced from only 7,700 VND to jubilantly welcome the double day 7/7 (July 7). Promotional tickets from only 7,700 VND is available for sale from 0:00 on July 7 to 23:59 on July 13 at the website www.vietjetair.com, Vietjet Air mobile apps, Facebook at www.facebook.com/vietjetvietnam (section “Booking”). In particular, passengers can enjoy free payment fees when booking and paying via Vietjet SkyClub. The promotional tickets are applied on both domestic routes across Vietnam and attractive international tourist, resort, shopping and exploring destinations in India, the Republic of Korea, Japan, Indonesia (Bali), Thailand, Singapore, Malaysia, with flexible flight periods from … [Read more...] about Vietjet offers golden week with promotional tickets on domestic, int’l routes