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CAAV: 88.3% of flights run on time in five months

Vietnamese airlines’ on-time performance (OTP) reached 88.3% in the first five months of this year, down 2 percentage points year-on-year, reported the Civil Aviation Authority of Vietnam (CAAV).

VIETNAM NEWS HEADLINES AUGUST 4/2023

Southeast Asian Women’s Volleyball Tournament kicks off in Vinh Phuc

Enterprises anxious about proposed recycling fees

Vietnamese enterprises are expected to pay VND6 trillion a year in fees for recycling paper, plastics and metal. The fees would be even higher than those in developed countries.

VN young people spending more for travelling

Nearly half of millennial and Gen Z travelers in APAC including VN plan to spend double their average monthly income on travel, according to a new travel pulse survey by Klook about 2023 travel trends in APAC in general and in VN in particular.

VN corporate bond market hoped to develop sustainably

According to the Finance Ministry, the corporate bond market of Vietnam remains relatively modest compared to others in the region.

Five banks earned profits of more than 10 trillion VND in H1

Five banks in Vietnam recorded a pre-tax profit of more than 10 trillion VND (422 million USD) in the first six months of this year, financial statements of the banks showed.

VN takes full advantage of rice-price hike to boost exports

While other big rice producers, including India, have imposed a rice export ban, Vietnam has stated it will take full advantage of the rice price increase to boost exports.

VN real estate market attracts foreign capital via M&As

A wave of foreign businesses are coming to learn about potential real estate projects in Vietnam to carry out mergers and acquisitions (M&As).

Vietnam aims for golds in 7 sports at ASIAD 19

At the upcoming Asian Games (ASIAD) 19 to be held in China in September, Vietnam aims for gold medals in seven out of the 31 sports that Vietnamese athletics will compete.

More foreign visitors eye vacations in HCM City: Agoda

The search for destinations in Vietnam has increased sharply after a new visa policy was approved by the National Assembly (NA), according to Agoda, a digital travel platform.

Revival of life in UXO-contaminated land

The estimated number of remaining UXO in Vietnam was around 800,000 tonnes, affecting over 6.1 million hectares, accounting for over 18 per cent of the country’s total area.

Second batch of fresh sugarcane to be shipped to US

Vietnam will export the second batch of 18 tonnes of fresh sugarcane to the US market in the coming time.

More firms delay bond payments in Q2, total US$7.71 billion outstanding

More companies reported delaying paying principal and interest on bonds in the second quarter, with a total outstanding payment of nearly 24.3 trillion VND (1.02 billion USD) due, according to a report on corporate bonds from MBS Research.

Japanese conductor to lead national orchestra performing in Da Nang

Japanese conductor Tetsuji Honna will lead the Vietnam National Symphony Orchestra (VNSO) to perform in the central coastal city of Da Nang on August 10.

Vietnam’s GDP nearly doubles after decade of international integration

Vietnam’s Gross Domestic Product (GDP) has nearly doubled after 10 years of implementing the Resolution No. 22-NQ/TW, dated April 10, 2013 of the Politburo on international integration.

Apartment prices in big cities stay high despite market stagnation

Despite signs of transaction stagnation, apartment prices in several areas of some big cities like Hanoi and Ho Chi Minh City still increased during the second quarter of 2023, said the Ministry of Construction (MoC).

Hai Phong dish rated as world’s best red noodle soup with crab

“Bánh đa cua”, a local delicacy of Hai Phong, has been rated as the best red noodle soup with crab in the world by food experts, according to international food website TasteAtlas.

Project pledges to develop night tourism in 12 localities by 2025

The Ministry of Culture, Sports and Tourism has launched a project to promote the advantages of nighttime tourism by 2025.

A night tour to Vietnam’s largest zoo in Phu Quoc

During a trip to Phu Quoc, Vietnam’s largest island, tourists have a chance to visit Vietnam’s largest zoo at night.

Ministry proposes DPPA to attract investors to electricity industry

The Ministry of Industry and Trade (MOIT) has conducted research on a pilot DPPA (direct power purchase agreement) scheme which would allow consumers to buy electricity directly from power-generating units instead of through EVN.