Tan Son Nhat International Airport in HCMC handled more than 149,000 passengers on Friday, the highest single-day passenger number at the country’s largest airport. A manager of the airport said 91,000 of those passengers flew into Ho Chi Chi Minh City from elsewhere, including 71,000 on domestic flights. Around 58,000 …
Read More »Sole airport in Vietnam’s northwest to close for upgrade
Dien Bien Airport in Dien Bien Province in northwestern Vietnam will suspend operations for at least six months starting in late March while an expansion project is completed. State-owned Vietnam Airports Corporation (ACV), which operates all 22 commercial airports nationwide, said the project includes work to expand the taxiway and …
Read More »PM calls for focus on developing railroad network
Prime Minister Pham Minh Chinh has instructed ministries and other related agencies to quickly prepare for construction of the trans-Vietnam high-speed railroad line. The PM said Thursday that the preparations would start with the section between Ho Chi Minh City and Can Tho City in the Mekong Delta. The section …
Read More »Australia regulator to probe social media influencers for false endorsements
Australia’s competition regulator said on Friday it would check whether influencers on social media platforms had failed to disclose their affiliation with the brands they were promoting. The Australian Competition and Consumer Commission (ACCC) said it would look at more than 100 influencers after several consumers informed the regulator about …
Read More »Strikes disrupt French fuel deliveries, but participation waning
Protests against French government plans to raise the retirement age had a muted impact on the energy sector on Thursday, the first day of 48-hour strikes, lowering hydropower output and curbing some refinery deliveries. In electricity, supply from the Belleville 1 nuclear reactor was lowered 1 gigawatt (GW) due to …
Read More »Consumer inflation in Japan’s capital hits near 42-year high, keeps BOJ under pressure
Core consumer prices in Japan’s capital, a leading indicator of nationwide trends, rose 4.3% in January from a year earlier, marking the fastest annual gain in nearly 42 years and keeping the central bank under pressure to phase out economic stimulus. While the government’s energy subsidies starting next month will …
Read More »Visa revenue growth slows more as tough economy sobers spending
Visa Inc’s revenue growth continued to wind back to pre-pandemic levels in the first quarter as the post-lockdown travel craze ebbed and consumer spending slowed in a tough economy. The world’s largest payments processor still surpassed Wall Street targets for profit, sending its shares up 1.4% to $227.82 in after-hours …
Read More »US economy posts strong growth in Q4, but with underlying weakness
The U.S. economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation’s health as a measure of domestic demand rose at its slowest pace in 2-1/2 years, reflecting the impact of higher borrowing costs. The Commerce Department’s advance fourth-quarter gross domestic product report on Thursday …
Read More »Single-day passenger numbers hit record at Tan Son Nhat airport
Tan Son Nhat International Airport, Vietnam’s busiest airport in HCMC, welcomed nearly 145,000 passengers Thursday, the final day of the seven-day Tet break, marking its highest single-day number ever. Of these, nearly 56,000 passengers departed from HCMC while the rest (89,000) were returning from other localities, according to data from …
Read More »His Holiness Gyalwang Drukpa returns to Vietnam after 4 years
Gyalwang Drukpa, head of the Drukpa Lineage of Vajrayana Buddhism, arrived in Hanoi on Thursday to begin his two-week spring visit, marking his return after a four-years absence due to the impact of Covid. He will chair a three-day spring festival at the Great Stupa Mandala Tay Thien in Vinh …
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