Day: August 2, 2022

The Vietnam Airlines Corporation is planning to raise the flight frequency between Hanoi and Dong Hoi city of central Quang Binh province to meet growing travel demand, according to the provincial People’s Committee.

From August 1 to October 29, seven flights will be added to each of the Hanoi – Dong Hoi and Dong Hoi – Hanoi routes every week.

That will bring the total number of the firm’s round-trip flights between the two destinations to 21 per week, including 14 flights operated by Vietnam Airlines and seven by Pacific Airlines.

The People’s Committee said the corporation has been effectively operating the route linking Hanoi and Quang Binh, which has helped facilitate air travel and contributed to local tourism development.

Quang Binh welcomed more than 916,000 tourist arrivals in the first seven months of 2022 and earned over 1 trillion VND in tourism revenue, respectively rising 69% and 76.7% from a year earlier.

In the peak of the tourism season from July to October, the number of visitors from the northern region has been on the rise, the provincial Tourism Department said.

The flight frequency increase is expected to greatly help Quang Binh boost socio-economic development, especially tourism, in the time ahead./.

Source: Vietnam News Agency

Vietnam raked in 350 million USD from tuna exports to France in the first seven months of 2022, representing a year-o-year surge of 203%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The shipments of the fish to the market was estimated to expand by 510% per month in the period, with processed and canned tuna recording the strongest growth.

VASEP expert Nguyen Thi Van Ha said French consumers has prioritised tuna because this product can replace white-meat fish.

Frozen tuna meat products coded HS0304 are still the main exports of Vietnam to this market, accounting for 63% of the total value.

Vietnam is the 14th largest tuna supplier to the French market among those outside Europe.

France’s tuna imports have recovered. The European country has increased tuna imports from Asian countries./.

Source: Vietnam News Agency

Ho Chi Minh City’s Consumer Price Index (CPI) picked up 0.4% month-on-month in July, with the hike in the prices of most commodities and services slowing down, according to the municipal Statistics Office.

The highest rise was seen in prices of telecommunications services (1.83%), followed by entertainment and tourism services (1.74%).

Prices of food and catering services advanced 1.13% compared to June, with fresh, dried or processed vegetables going up 2.17%; cattle meat, 1.78%; eggs, 1.59%; poultry meat, 1.58%; and rice, 0.17%.

Those of housing, water supply, electricity, fuel and construction materials increased slightly by 0.28%, with gas and other forms of energy declining 1.44%.

Those of transport services slid 2.83% on the back of a 7.31% drop in fuel after petrol prices were revised down three times last month. Home appliances edged down 0.09%./.

Source: Vietnam News Agency

National Assembly Chairman Vuong Dinh Hue had a meeting with members of the Economic, Culture and Tourism Club under the Institute for Cultural Economy (the Vietnam Union of Science and Technology Associations) in Hanoi on August 2, during which he highlighted losses and opportunities brought by COVID-19 to the tourism industry.

The chairman said the COVID-19 pandemic is an opportunity for Vietnam to restructure the tourism industry, turning it into a spearhead economic sector, underlining the need to accelerate restructuring in terms of infrastructure and tourism products on the ground of renewing awareness about the industry.

He said that tourism development should be associated with preserving cultural and historical values to educate the tradition while promoting national cultural identity.

He noted that tourism development should be linked with the implementation of the national target programmes on hunger eradication and poverty reduction as well as the development of mountainous ethnic minority areas and new-style rural building.

Hue said that he expects localities to coordinate with the Government, ministries and agencies in accelerating the implementation of the socio-economic development recovery programmes, including those supporting businesses and workers in the tourism sector.

He hoped that the club members will continue to contribute ideas to fine-tune institutions, policies and decisions of the National Assembly to make them closer to reality./.

Source: Vietnam News Agency

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,154 VND/USD on August 2, down 7 VND from the previous day.

With the current trading band of +/-3 percent, the ceiling rate applicable to commercial banks during the day is 23,849 VND/USD and the floor rate 22,459 VND/USD.

The opening-hour rates at many commercial banks increased.

Vietcombank listed the buying rate at 23,190 VND/USD and the selling rate at 23,500 VND/USD, both up 20 VND from August 1.

BIDV raised the buying rate by 25 VND, listing at 23,220 VND/USD and the selling rate by 5 VND, listing at 23,500 VND/USD./.

Source: Vietnam News Agency

About 46.2 trillion VND (nearly 1.98 billion USD) of investment capital sourced from the state budget was disbursed in July, up 22.5% from a year earlier, according to the General Statistics Office (GSO).

The amount brought the seven-month figure to an estimated 237.6 trillion VND, equivalent to 43.3% of this year’s target and rising 11.9% year on year.

The GSO said ministries, sectors and localities have been working hard to accelerate public investment disbursement amid strong production and business recovery.

Among ministries and sectors, the Ministry of Transport continued to take the lead during the first seven months, with over 21.6 trillion VND of public capital disbursed, up 23.4% year on year.

Meanwhile, Hanoi, Ho Chi Minh City, and Quang Ninh province outperformed other localities in this regard. Hanoi recorded nearly 24 trillion VND disbursed, a slight increase from the same period last year.

Deputy Prime Minister Le Minh Khai recently held a meeting with ministries, sectors, central agencies, and localities to seek ways for ramping up the disbursement of public funds.

He asked them to be more responsible for capital management and use, noting that as the allocation and disbursement of public investment have great impact on the realisation of socio-economic development targets, the work must be done in a swift, efficient, and law-abiding manner./.

Source: Vietnam News Agency