The 26th ASEAN-RoK dialogue was held in Seoul on July 1. (Photo: VNA) Seoul (VNA) – The Republic of Korea (RoK) affirmed the importance it attaches to relations with the Association of Southeast Asian Nations (ASEAN) during the 26th ASEAN-RoK dialogue in Seoul on July 1. The RoK’s Deputy Minister of Foreign Affairs Yeo Seung-bae and Ambassador Vu Ho , acting Head of ASEAN SOM Vietnam, co-chaired the event, the first in-person dialogue between ASEAN and a partner after a two-year hiatus due to the COVID-19 pandemic. The two sides reviewed their relationship, outlined cooperation orientations and compared notes on regional and international issues. The RoK said it backs ASEAN’s centrality and pledged to coordinate with the bloc in implementing the ASEAN Outlook on the Indo-Pacific through practical cooperation programmes and activities. The country spoke highly of ASEAN’s contributions to peace, cooperation and prosperity in the region over the past years, saying … [Read more...] about RoK attaches importance to relations with ASEAN
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Vietnamese airlines want domestic airfare caps raised, even removed, amid fuel cost hikes
Many Vietnamese airlines have proposed that the ceiling prices of domestic air tickets be further increased or removed as they have suffered heavy losses due to wildly soaring fuel costs. Even though air tickets have been rising, even higher than before the COVID-19 pandemic, carriers argued that they have to make up for relentlessly rising fuel expenses. Round-trip airfares of economy class for the Hanoi - Ho Chi Minh City route are fluctuating around VND3-5 million (US$129-214) per ticket and those for business class are VND8-17 million ($343-729), an increase of 20-50 percent compared to periods with passenger shortages due to the COVID-19 pandemic. Airfares to famous tourist destinations, such as Da Nang and Phu Quoc, have even changed hourly, and customers can hardly find cheap tickets even though for early morning or late-night flights. Many customers commented that many airlines might have taken unfair advantage of higher fuel prices, triggered by rising world oil … [Read more...] about Vietnamese airlines want domestic airfare caps raised, even removed, amid fuel cost hikes
N.A. Chairman receives leaders of British enterprises in London
Talking to Prudential Chairwoman Shriti Vadera, the N.A. leader congratulated the firm on its successes in the world as well as in Vietnam, expressing his hope that it will continue operating successfully in the country and fulfill its social responsibility. He affirmed that the Vietnamese Government and N.A. are ready to consider and deal with the problems facing businesses, including those from the U.K., when operating in Vietnam. Vadera said Prudential is delighted to be part of the country’s development, and it can help with this process by issuing long-term bonds. The insurer pledges to cooperate with the Vietnamese Government in green investment, insurance technology, and development of Ho Chi Minh City into an international financial center, she noted, affirming that it will concurrently develop its business and fulfill social responsibility. At the meeting with Chairman of Standard Chartered Jose Vinals, Hue thanked the enterprise for helping the Vietnamese Ministry of … [Read more...] about N.A. Chairman receives leaders of British enterprises in London
