Vietnam News Network

Vietnam News: Local, National, Business, Sport, Entertainment and Technology

Trade BCHUSD, Bitcoin and Cryptocurrencies

BUY & SELL BCHUSD | View BCHUSD News & Updates

Buy Sell BCHUSD, Bitcoin and Cryptocurrencies

BUSINESS IN BRIEF 10/2   2010-02-10 - VietNamNet/VNA

Vietnam Airlines launches Hanoi-Yangon air route


The national flag carrier Vietnam Airlines has announced that it will open a direct air route between Hanoi and Yangon , Myanmar , on March 2.


Hanoi-Yangon flights will serve the airlines’ passengers every Tuesday, Thursday, Saturday and Sunday.


Vietnam Airlines will offer a one-way ticket at a price of 4.62 million VND (250 USD) for the flight from Vietnam to Yangon during the promotional period from March 2-31.


The airline plans to increase the number of flights on the route to five per week as by winter of this year.


Another oil-rig to be installed in Big Bear oil-field


An engineering, procurement, construction and installation (EPCI) contract for an oil-rig in the Big Bear oil-field was signed between Vietsovpetro (VSP) and the Dai Hung PetroVietnam Exploration and Production Corp. (PVEP Dai Hung) in Hanoi on Feb. 9.


Under the 65 million USD contract, VSP, a joint venture between PetroVietnam and Zarubezhneft of Russia, will design structures, procure necessary materials and undertake construction and transportation of the WHP-DH2 oil-rig off the country’s southern coast.


The oil rig, which is expected to turn out the first oil on September 2, 2011, is expected to pump 18,000 barrels per day.


Besides WHP-DH2, the contract also includes the upgrading of the FPU-DH1 oil-rig, also in the oil-field.


HCM City makes investment call in Tet gathering


Ho Chi Minh City will boost calling for both domestic and foreign investment and continue social welfare policies in the new year, Deputy Chairman of the city People’s Committee Nguyen Thanh Tai told foreign diplomats on Feb. 9.


Tai made the remarks at a meeting with the diplomatic corps in the city in celebration of Vietnam ’s traditional Tet holiday.


Addressing the ceremony, HCM City People’s Committee Chairman Le Hoang Quan thanked representatives of foreign diplomatic missions for their cooperation with the city, which helped promote international links between the city and other countries.


He called for their continued support for Vietnam in general when it takes over the position of ASEAN Chairman this year and for Ho Chi Minh City in particular as the city will host a number of important events.


US Consul General Kenneth Fairfax said the assistance provided by HCM City authorities has helped the diplomatic corps fulfill their mission of promoting friendship and cooperation among countries. He praised HCM City ’s recent developments, saying that new construction works such as Phu My and Thu Thiem bridges have made the city become more attractive in all areas, investment, trade and tourism.


Irrigation expanded in Red River delta


Nearly 80 percent of winter-spring crop in the Red River Delta have access to water, according to the national irrigation department.


The reservoirs of Hoa Binh, Thac Ba, and Tuyen Quang remain open, releasing high volumes of water at 1,482cu.m, 255cu.m, and 150 cu.m per second respectively.


Water levels in the Red River reached 2.2m by February 6, and this helped provide sufficient irrigation for rice seedlings this season, the department said.


The provinces with highest demand for water include Hai Duong, Ninh Binh, Bac Ninh, Hanoi, and Thai Nguyen.


The reservoirs will remain open from February 7-13, the department said.


Meanwhile, drought has recently hit Cuu Long (Mekong) Delta provinces, enabling pests and diseases to attack thousands of ha of rice among 1.6 million hectares of the winter-spring crop.


The National Plant Protection Agency has urged concerned agencies in the delta provinces to closely monitor the situation to prevent and effectively control the spread of pests and diseases.


Jetstar Pacific offers 500 free-of-charge tickets


The Jetstar Pacific Airlines (JPA) has announced it will present 500 free-of-charge tickets on local routes in Vietnam in 2010.


The tickets can only bought online at starting from 0hr of Feb. 14 on the first-com-first-serve basis, to be used on flights from Sept. 15-Oct. 27.


On the occasion of the traditional New Year festival (Tet), JPA will give gifts to all passengers on its flights on Feb. 14 (the first day of the lunar new year).

Other news

Investors take closer look at Hau Giang   2010-02-10

Decree regulates sale of confiscated property   2010-02-10

BUSINESS IN BRIEF 9/2   2010-02-09

Stock market expected to reach 700 points in 2010   2010-02-09

Jan auto sales increase 76%   2010-02-09

HCM City fund invests in real estate developers   2010-02-09

Viet Kieu home for Tet with investment on their minds   2010-02-09

Banks to back rice production   2010-02-09

Jewellery firm supports gold   2010-02-09

Toyota Vietnam chooses to ignore accelerator issues   2010-02-09

Black market for small bills soars   2010-02-09

Food prices jump as Tet draws near   2010-02-09

Biggest gold outfit imports 4 tons to keep prices in check   2010-02-09

Interest rate and exchange rate in the view of the Governor   2010-02-09