Minh, 62, is also the founder and chairman of property developer Him Lam. His appointment came three days after the airline named a new chairman . Minh will be key to the restructuring of Bamboo Airways’ management and expansion, Chairman Nguyen Ngoc Trong said. Sacombank was one of the top lenders to Bamboo Airways and its parent company, FLC Group. Hundreds of millions of airline shares were used as collateral for loans at the bank under the reign of ex-chairman Trinh Van Quyet, who was arrested for allegedly manipulating the stock market . As of June 30, the group and its subsidiaries had finished paying off their VND1.8 trillion ($76.9 million) debt to Sacombank, according to FLC’s financial statements. Bamboo Airways currently operates nearly 170 flights a day on 40 domestic and 12 international routes. The carrier plans to continue launching new international services to tourism markets in Asia, Europe and Australia. It also plans to increase its fleet to 35 by … [Read more...] about Bamboo Airways names new senior advisor amid restructuring
Topping out
Vietlog Industrial breaks ground on flagship warehouse in Hung Yen
Strategically located on a 4.17ha land plot in Minh Quang Industrial Park, My Hao commune, Hung Yen province , the project is easily accessible to the National Highway No.5A, Haiphong Port, and Noi Bai International Airport, facilitating the import and export of goods. This location is also close to successful industrial parks in Pho Noi and Yen My districts, Hung Yen. Upon completion by the first quarter of 2023, VLI Hung Yen will feature 29,000 square metres of Grade A warehouses with modern standards. At the groundbreaking ceremony, Alex Lin, co-founder of Skymont Capital said, “VLI Hung Yen marks a new milestone for us in the Vietnamese industrial warehouse market, representing our commitment to our investors, partners, customers, and local authorities in developing world-class industrial warehouses in Vietnam.” The future VLI Hung Yen This company has also officially appointed CBRE Vietnam to become the exclusive marketing and leasing consultant … [Read more...] about Vietlog Industrial breaks ground on flagship warehouse in Hung Yen
Party officials visit UK for improved strategic partnership
In a group photo: Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh (6th from left) and Graham Stuart, Minister of State (Minister for Europe) at the Foreign, Commonwealth and Development Office (4th from right) and Minister of State in the Cabinet Office Nigel Adams (5th from left). (Photo: VNA) London (VNA) – A Party delegation, headed by Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh, paid a visit to the UK from August 10 – 15, aiming to fortify the countries’ strategic partnership, particularly in economy, trade, and investment. During the trip, the delegation met many UK officials, namely Graham Stuart, Minister of State (Minister for Europe) at the Foreign, Commonwealth and Development Office; Deputy Speaker of the House of Commons Nigel Evans; Minister of State in the Cabinet Office Nigel Adams; Economic Secretary to the Treasury Richard Fuller; and General Secretary of the Communist … [Read more...] about Party officials visit UK for improved strategic partnership
Singapore, Indonesia conduct bilateral naval exercise
A Republic of Singapore Navy serviceman briefs RSN and Indonesia n Navy personnel prior to a joint boarding exercise on board MV Swift Rescue for Exercise Joint Minex Pandu.(Photo:thestar.com.my) Singapore (VNA) – Over 230 servicemen from the Singapore and Indonesian navies gathered in a six-day bilateral military exercise starting on August 11, which aims to strengthen their coordination ability to counter underwater threats. Held in Singapore, and in Batam and the waters off Bintan in Indonesia, this year's Joint Minex Pandu exercise included joint mine-countermeasure operations, diving, live gunnery firing, professional exchange on mine clearance diving techniques, and table-top planning exercises. According to the Ministry of Defence of Singapore, the Republic of Singapore Navy (RSN) and the Indonesian Navy (TNI AL) regularly conduct professional exchange, exercises and visits, and also collaborate through the multilateral Malacca Straits Patrol. The RSN's … [Read more...] about Singapore, Indonesia conduct bilateral naval exercise
‘Ech’ an unFROGgettable experience in Ho Chi Minh City
Editor’s note: Jordy Comes Alive, from the U.S., has lived in Ho Chi Minh City for three years and become a big fan of local food after spending time wandering around local alleys and markets to discover the culinary scene. His piece has been titled, subtitled, and edited by Tuoi Tre News . I’ve noticed people can get a little jumpy when you talk about eating frogs. Not me though, I always leap at the opportunity. When it comes to eating frog, I’m mainly familiar with it being batter-fried like chicken. Truth be told and I know this sounds strange to some but I honestly prefer fried frog over fried chicken on any given day. Enjoying fried frog is the same kind of eating sensation as with fried chicken, only the meat has a cleaner taste (sans the flavor of fowl), and the white frog flesh is juicy with a buttery finish. 'Water chicken,' as funny as the term is, croaks partially true. I started thinking maybe it’s time I paddle my way to other ponds to broaden my … [Read more...] about ‘Ech’ an unFROGgettable experience in Ho Chi Minh City
Russian-Vietnamese goalkeeper returns to domestic league on three-year contract
Russian-born goalkeeper Dang Van Lam will compete for Topenland Binh Dinh FC in Vietnam’s top-tier V-League 1 following the two sides’ deal signing, the football club announced on Monday afternoon. The contract will last for three years. While Lam’s salary was kept undisclosed, sources told Tuoi Tre (Youth) newspaper that the payment is not less than US$300,000 a year. After completing the paperwork, Lam will play in Topenland Binh Dinh FC’s match against Thanh Hoa FC in the 13th round of the 2022 V-League 1 on August 20. “Before, I played in Thailand and Japan as I wanted to try new opportunities and challenge myself,” said Lam after the contract signing ceremony. “Now, I think more about my family, so I want to return to Vietnam and play football here. “It’s a pleasure for me to wear Topenland Binh Dinh’s jersey for the next three years.” Lam joined Japan’s Cerezo Osaka football club in early 2021. A top-choice goalkeeper of the Vietnamese national men’s football … [Read more...] about Russian-Vietnamese goalkeeper returns to domestic league on three-year contract