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The Hanoitimes - The airport, located 40km east of Ho Chi Minh City, plays a vital role in socio- economic development and national defence and security. Vietnam Airlines Group plans to invest VND9.9 trillion (nearly US$430 million) in Long Thanh International Airport in the southern province of Dong Nai. Vietnam Airlines plans to invest nearly US$430 million in Long Thanh International Airport. Photo: ACV The plan has been submitted to the Ministries of Transport, Planning and Investment and the Commission for the Management of State Capital at Enterprises. Dang Ngoc Hoa, Chairman of Vietnam Airlines Group said that, in the development strategy for 2021-30, the company and its member units give priority to allocating maximum resources to participate in the construction and operation of infrastructure at the Long Thanh Airport, providing synchronous services for its activities and other carriers. Vietnam Airlines plans to invest in the supply of … [Read more...] about Vietnam Airlines to invest US$430 million in Long Thanh Airport

Sun World Fansipan Legend marks the rise of the international ranking for Sa Pa tourism VinBrain reaches final round of global competition "COVID-19 Pandemic Response Challenge" The “Win-Win-Win” formula of branded residences have proven successful VinSmart smartphones go on sale in the US Won a deep blue Mercedes-Benz , a teardrop story of poor village girl On February 20, the Spring Festival of Opening the Fansipan Heaven Gate officially opened at Fansipan spiritual complex at Sun World Fansipan Legend Resort, opening the spring travel season and worshipping Buddha for peace in the early spring. The festival lasts until March 8, 2021. The Spring Festival of Opening the Fansipan Heaven Gate is held on the 9th day of the lunar calendar every year at Fansipan spiritual complex, also known as the "Roof of Indochina". This is a spiritual event to open the spring travel season and worshipping Buddha for peace in the early spring. The 9th day of the first lunar … [Read more...] about Buddhists on a pilgrimage to worship the land of Buddha on Mount Fansipan

A tax official guides a business owner through online tax procedures (Photo: laodong.vn) Hanoi (VNS/VNA) - Businesses may have several additional months before they have to pay income tax and land-use fees , per a proposal from the Ministry of Finance (MoF) to the Government. The ministry proposed a five-month extension for business VAT tax, a three-month extension for income tax (for certain businesses only) and land-use fees, which may result in a more than 5 billion USD reduction in the State's budget collection during the first half of 2021. The proposal also included household and private businesses in sectors eligible for support as well as their income tax. The MoF said the State budget would still even out as taxpayers were expected to make full payments by the end of the fiscal year while citing numerous difficulties faced by the business community in dealing with the adverse effects of the COVID-19 pandemic as grounds for the proposal. The ministry … [Read more...] about Tax deadline should be delayed for businesses, says ministry

The Hanoitimes - The weather in Hanoi will be cooler with the temperatures set to fall to 23-29 degrees Celsius. The new cold wave is expected to hit Hanoi tonight [October 5], accompanied by showers and thunderstorms in some areas, according to the National Hydrometeorological Forecast Center (NCHMF). Hanoi’s temperature will fall to 23-29 degrees Celsius. Illustrative photo. The center said that the cold air will affect the northern mountainous provinces of Vietnam and then expand to other areas in the region and certain parts of the central region. Temperatures in Hanoi will fall to 23-29 degrees Celsius. In the mountainous areas, temperatures are expected to drop to between 23 and 29 degrees Celsius, and between 13 and 21 degrees Celsius in some areas. Downpours and thunderstorms are forecast for localities in provinces from Thanh Hoa to Quang Ngai from Tuesday [October 6]. In the southern region and the Central Highlands, the southwest monsoon is … [Read more...] about New wave of cold air to hit Hanoi tonight

The index was mostly in the green in the morning but saw several dips to the 1,150 range in the afternoon before ending with a 3.42-point gain. Trading volume on the Ho Chi Minh City Stock Exchange (HoSE), on which the index is based, plunged 11 percent to VND13.35 trillion ($582 million). The bourse saw 220 stocks gain and 214 lose. ACB of Asia Commercial Bank (ACB), VIC of top private conglomerate Vingroup and GAS of state-owned PetroVietnam Gas Jsc contributed the most to the index’s latest gain. The VN30 basket, comprising the 30 largest capped stocks on the HoSE, saw 14 tickers in the green, led by VJC of budget airline Vietjet, which climbed 2.4 percent to this year’s new peak of VND135,000. It was followed by PLX of fuel distributor Petrolimex, up 1.9 percent to VND58,400, breaking the previous peak recorded in January before the market plunged. Both MWG of electronics retail chain Mobile World and PNJ of Phu Nhuan Jewelry gained 1.4 percent after recording four … [Read more...] about VN-Index up with marginal recovery