Born and raised in Nha Trang, Phu developed a passion for surfing at age 16. Quitting school due to his family's financial woes, Phu found work at a local school that taught aquatic sports like board surfing, kite surfing and sailing. When it closed down after three years, he had to work in clubs to save up for his dream of opening a surfing class. … [Read more...] about Carve the waves off Nha Trang
The kites flying in the sky
Shipping industry needs State support to develop: ministry
Due to the COVID-19 pandemic, the growth of volume in 2020 was 4 per cent, slower than the annual average. Of which, the volume of container cargo through the local seaports in 2020 was estimated at 22.1 million TEU, up 13 per cent compared to 2019. — VNS … [Read more...] about Shipping industry needs State support to develop: ministry
Shipping industry needs State support to develop: ministry
Therefore, the ministry has proposed the Prime Minister consider and adjust financial mechanisms to support the development of the fleet, including loans with preferential interest rates. Investment in a fleet of ships requires huge and long-term capital, while local enterprises are unlikely to be able to invest in high-quality fleets, according to Deputy Minister of Transport Nguyễn Nhật. The shipping companies have received very little financial support from the Government in the past few years to carry out fleet development. Interest rates on bank loans in Việt Nam are from 8-10 per cent per year, higher than interest rates in other countries such as Japan (1-2 per cent), Singapore (3 per cent) and China (4.5 per cent). At the same time, when registering a ship to fly the Vietnamese flag, the enterprise must carry out procedures on importing ships and have to pay taxes and fees such as registration fee, value-added tax and import tax on ships. Some ship owners … [Read more...] about Shipping industry needs State support to develop: ministry
Stringent measures to clean house at profiteering public-run hospitals
Bach Mai Hospital Last Monday, a visitor was making his daily rush to the canteen of Bach Mai Hospital, where a relative is being treated, to queue up to get her dinner. Already having to deal with the stress of caring for a loved one in hospital, the murmurings over price hikes in medical devices – and therefore higher hospital fees – has only depressed the visitor further. … [Read more...] about Stringent measures to clean house at profiteering public-run hospitals
Russia lifts entry restrictions for Vietnamese citizens
"For citizens of four more countries—Finland, Vietnam, India and Qatar—the restrictions on entering Russia, which were introduced following the Covid-19 spread, will be lifted," the Russian News Agency TASS cited a statement from the Russian cabinet’s press service as reporting. … [Read more...] about Russia lifts entry restrictions for Vietnamese citizens