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Tan Son Nhat International Airport in HCMC is looking to handle nearly 24 million passengers in the summer from June to August this year.

PouYuen Vietnam, the most labor-intensive company in Binh Tan District, HCMC, has offered financial assistance totaling VND689 billion to around 5,700 workers whose contracts were terminated in June and July this year.

Vietnam’s exports in May continued to improve, with a 4.3% increase versus April to US$29 billion, according to an official at the Ministry of Industry and Trade.

The first-ever Vietnam Space Week started on June 5 in Vi Thanh City, Hau Giang Province, with young people having the opportunity to hear stories of astronauts working and living in space.

The North-South Expressway project will receive a disbursement of VND5,229 billion this month.

Around 88,000 businesses have pulled out of the market so far this year.

The General Statistics Office has released data showing that Vietnam’s consumer price index (CPI) in May increased by 2.43% compared to the same period last year.

The Ministry of Finance has joined hands with the State Bank of Vietnam to take swift action against violations by banks and insurance companies in forcing their clients to buy life insurance.

Vietnam’s export revenue in the first five months of this year inched down, but the country enjoyed a trade surplus of US$9.8 billion, according to the General Statistics Office.

The Civil Aviation Authority of Vietnam (CAAV) will allow passengers to use the mobile ID app VNeID to board domestic flights at all local airports from June 1 to August 1 on a trial basis.

Over 20 banks have cut deposit interest rates, with the highest rate now set at 8.5% per year.

The Government has proposed that the National Assembly (NA) extend the e-visa validity to 90 days with single or multiple entries to attract more international visitors to Vietnam.

Prime Minister Pham Minh Chinh has chaired an urgent meeting with ministries and departments to discuss measures to ensure electricity supply for businesses and households during the dry season.

Typhoon Mawar has strengthened into a super typhoon after it approached the Philippines, which may lead to a downpour across Vietnam’s southern region this weekend.

The Government’s proposal for lowering the value added tax (VAT) from 10% to 8% has been placed before the National Assembly (NA).

A majority of National Assembly (NA) deputies have agreed to maintain the airfare cap but remove floor prices of domestic air tickets.

The State Bank of Vietnam (SBV) has announced two separate decisions further lowering key interest rates, with effect from Thursday, May 25. This is the third rate reduction since March in the central bank’s monetary easing cycle aimed at boosting slackening economic activity and consumption.

Japan will provide Vietnam with JPY61 billion, or nearly US$500 million, in official development assistance (ODA) to fund its projects.

Prime Minister Pham Minh Chinh met with U.S. President Biden on May 20, on the sidelines of the expanded G7 Summit in Japan to discuss measures to enhance bilateral relations.

In a proposal by the HCMC Management Authority for Urban Railways (MAUR), ticket prices for the Ben Thanh – Suoi Tien Metro Line would range from VND9,000 to VND24,000 (from US$0.38 to US$1.02), with free admission for all passengers during the first month of service.

The prime minister has told the Ministry of Health to coordinate with other relevant ministries and departments to prepare the necessary documents for shifting Covid-19 from type A to type B infectious disease and announce the Covid-19 pandemic is over in Vietnam.

Vietnamese automaker VinFast has announced that the first shipment of VinFast VF 8 SUVs has arrived at Nanaimo Port in Canada.

Following the central bank’s interest rate cuts in April, commercial banks have lowered deposit rates further this month.

The Government said that the proposal for extending the e-visa validity to 90 days would help attract foreign tourists and investors who want to explore investment opportunities in Vietnam.

Hanoi City is seeking approval from the central Government for a plan to develop one more international airport for the capital city area besides the operational Noi Bai International Airport.