The first passengers on the flight from Bangkok to Đà Nẵng pose for a photo. - VNS PhotoViet Nam News ĐÀ NẴNG —Vietjet on Monday inaugurated a new international route from Bangkok, Thailand to the central city of Đà Nẵng. The route is the seventh connecting destinations in Việt Nam and Thailand besides those from HCM City, Hà Nội, Hải Phòng, Đà Lạt and Đà Nẵng to Bangkok and from HCM City to Chiang Mai and Phuket. The daily flight departs from Đà Nẵng at 1:35pm and lands in Bangkok at 3:15pm, while the other flight departs from Bangkok at 11:10am and arrives in Đà Nẵng at 12.50pm. Each flight takes one hour and 40 minutes. In order to celebrate the inaugural flight, the airline is giving away 3,000 discounted priced from only VNĐ68.000 (US$3) between now and Wednesday. The promotional airfares, which are available from noon to 2pm … [Read more...] about Vietjet celebrates new int’l route with cheap fares
Country’s first waste-burning power plant put into trial operation
Cần Thơ City has put into operation the country’s first waste-burning power plant. VNA/VNS Photo Thanh LiêmViet Nam News CẦN THƠ — The country’s first waste-burning power plant, located in the Mekong Delta city of Cần Thơ, was put into trial operation on Monday. Construction on the plant started last year in June, with an investment from Environmental Energy EB Co. Ltd of VNĐ1 trillion (US$42 million). The 5.3-ha plant, which has a designed daily waste processing capacity of 400 to 500 tonnes, will produce 60 million kWh per year to connect with the national grid, according to Mai Như Toàn, head of Cần Thơ’s Department of Construction. From now to March, the city will collect and sort waste from Trà Nóc ward in Bình Thuỷ District, Lê Bình ward in Cái Răng District, and Ninh Kiều District. After that, the plant will expand the collection and sorting … [Read more...] about Country’s first waste-burning power plant put into trial operation
Tâm wins gold at int’l boxing event in Bulgaria
Việt Nam boxing team at the fourth International Boxing Tournament in Bulgaria. — Photo hanoimoi.com.vnViet Nam News Tâm beat four rivals in the women’s 51kg category to take the title. She is leading boxer of Việt Nam in this category and add this gold to the bronze in the Asian Games in Indonesia last month and a gold at the Asian Boxing Championship held in HCM City last year. In addition to Tâm’s gold medal, Việt Nam won two more silvers and one bronze. The silvers went to Đỗ Thị Thuý in the 54kg and Nguyễn Thành Thanh Thơm in the 57kg. While the bronze was won by Nguyễn Thị Hương in the 75kg. Việt Nam sent five boxers to the event which attracted of 200 fighters from 17 countries. They will next be on the ring at the National Sports Games in late November in Hà Nội. — VNS … [Read more...] about Tâm wins gold at int’l boxing event in Bulgaria
New State President to be sworn in next Tuesday
New State President to be sworn in next TuesdayThe Saigon Times Daily Party General Secretary Nguyen Phu Trong is set to become the President of Vietnam next week – PHOTO: VGP HCMC – The new president of the Socialist Republic of Vietnam will take the oath of office next Tuesday, October 23, for the 2016-2020 tenure, General Secretary of the National Assembly (NA) Nguyen Hanh Phuc said at a meeting of the NA Standing Committee today, October 16. Following the passing of President Tran Dai Quang at the age of 62 on September 21 due to a serious illness, lawmakers are set to vote for a new president on the opening day of the sixth sitting of the legislative NA next Monday. Early this month, all members of the Party Central Committee formally nominated the incumbent Party General Secretary Nguyen Phu Trong, 74, for presidency. This is the first time in multiple tenures that a Party’s General Secretary has been recommended as the head of State. The candidate … [Read more...] about New State President to be sworn in next Tuesday
Stocks up, turnover still low
Stocks up, turnover still lowBy Phuong Thao HCMC – The VN-Index of the Hochiminh Stock Exchange bounced back strongly today, October 16, but market turnover remained poor amid cautious trading. With gainers outnumbering losers by 195 to 100, the main index jumped 11.73 points, or 1.23%, at 963.37. The southern market saw 149 million shares worth VND3.8 trillion changing hands at the end of the day, both expanding by 4.5% compared to the previous session. Banks became the largest contributors to the recovery as investors snapped up bank shares after their heavy losses on Monday. VCB gained 0.17% at VND59,600, whereas HDB climbed 4.2% at VND37,000. STB led the market by liquidity with matching volume of nearly 9.8 million shares, jumping 5% at VND13,600. MBB and VPB reported matching volume of 3.5 million shares and 2.7 million shares, respectively, while other banks saw more than one million shares traded each. For small and medium stocks, real estate firm FLC rose 0.5% at … [Read more...] about Stocks up, turnover still low
New State President to swear in next Tuesday
New State President to swear in next TuesdayThe Saigon Times Daily Party General Secretary Nguyen Phu Trong is set to become the President of Vietnam next week – PHOTO: VGP HCMC – The new president of the Socialist Republic of Vietnam will take the oath of office next Tuesday, October 23, for the 2016-2020 tenure, General Secretary of the National Assembly (NA) Nguyen Hanh Phuc said at a meeting of the NA Standing Committee today, October 16. Following the passing of President Tran Dai Quang at the age of 62 on September 21 due to a serious illness, lawmakers are set to vote for a new president on the opening day of the sixth sitting of the legislative NA next Monday. Early this month, all members of the Party Central Committee formally nominated the incumbent Party General Secretary Nguyen Phu Trong, 74, for presidency. This is the first time in multiple tenures that a Party’s General Secretary has been recommended as the head of State. The candidate for … [Read more...] about New State President to swear in next Tuesday
China boosts imports of Vietnamese products
China boosts imports of Vietnamese products By Hung Le Smartphones displayed at an exhibition in HCMC. Vietnam’s smartphone and parts shipments to China saw a 2.4-fold rise, generating US$5.78 billion in value - PHOTO: HUNG LE HCMC – Vietnam enjoyed a strong increase in January-September exports, particularly to China, which raised imports from Vietnam, such as smartphones, computers, electronics and components, according to the latest data from the General Department of Vietnam Customs. The data shows that the export value of smartphones and accessories amounted to US$5.09 billion in September, taking the figure in the nine-month period to a record high of US$36.69 billion, up 16.4% year-on-year. In the January-September period this year, smartphone and phone components exports to major markets rose strongly. The EU market spent US$10.14 billion on these imports from Vietnam, edging up 10.9% year-on-year. Vietnam’s smartphone and phone parts shipments to … [Read more...] about China boosts imports of Vietnamese products
No trial for former German FA bosses over World Cup payment
No trial for former German FA bosses over World Cup payment - courtThe Saigon Times Daily File photo of Theo Zwanziger, former president of the German Football Association (DFB) and member of the FIFA's executive committee addressing a news conference after a meeting of the FIFA executive committee in Zurich March 21, 2014 – PHOTO: REUTERS BERLIN (REUTERS) - Two former heads of the German Football Association and two other officials will not go on trial for suspected tax evasion over a payment ahead of the 2006 World Cup hosted by Germany, Frankfurt’s regional court said on Monday. Former DFB chiefs Theo Zwanziger and Wolfgang Niersbach as well as fellow former DFB General Secretary Horst Schmidt and a former world soccer body FIFA official were charged in June. But the regional court said it had “not seen enough suspicion of wrongdoing” to warrant a trial. The Prosecutor’s office has one week to appeal against the decision which was welcomed by … [Read more...] about No trial for former German FA bosses over World Cup payment
Hau Giang struggles to improve sugarcane consumption
Hau Giang struggles to improve sugarcane consumptionBy Trung Chanh A farmer harvests sugarcane in Phung Hiep District, Hau Giang Province - PHOTO: TRUNG CHANH CAN THO – Despite the significant efforts of authorities and sugar producers in Hau Giang Province, the largest sugarcane farming area in the Mekong Delta region, the province is still struggling to find sugarcane buyers because of large inventories and the price plunge. Nguyen Van Dong, director of the Hau Giang Department of Agriculture and Rural Development, said farmers in Phung Hiep District have harvested sugarcane from 1,450 hectares of the total 7,500 hectares of land designated for the crop. However, the sugarcane price has plunged to VND650-700 per kilogram, causing losses of VND100 per kilogram for farmers, Dong added. The province is now home to three operational sugar factories, and they are facing a shortage of capital for their operations and a significant sugar surplus. Therefore, Dong proposed the … [Read more...] about Hau Giang struggles to improve sugarcane consumption
Japan says U.S. has not raised FX manipulation in trade talks
Japan says U.S. has not raised FX manipulation in trade talksThe Saigon Times Daily Taro Aso, Japan's Deputy Prime Minister, speaks at the official opening of Japan House in London, Britain, September 13, 2018 – PHOTO: REUTERS TOKYO (REUTERS) - The U.S. government had not spoken to Japan about including provisions in free trade agreements to deter currency manipulation, Japanese Finance Minister Taro Aso said on Tuesday, although the two sides are likely to enter talks sometime next year. Aso’s comments come after U.S. Treasury Secretary Steven Mnuchin said on Saturday that Washington wants to include such provisions in future trade deals, including the one it will negotiate with Japan. The new provisions would be based on the currency chapter in Washington’s new deal to revamp its trade pact with Canada and Mexico, which urges members to refrain from competitive devaluation. Mnuchin’s remarks have raised concerns that the Japanese government’s … [Read more...] about Japan says U.S. has not raised FX manipulation in trade talks