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Investigators of the Ministry of Public Security arrested the chairman of Tan Hoang Minh Group and six senior executives of Tan Hoang Minh-affiliated companies on alleged fraud charges.

The Ministry of Finance has yet to agree to exempt the environmental protection tax on jet fuel as previously proposed by airlines.

As an undersupply of coal for thermo-power stations is looming, Vietnam is planning to annually import around five million tons of coal from Australia.

The local stock market has come under downward pressure since the high-profile FLC Group chairman, Trinh Van Quyet, was detained on Tuesday on alleged charges of stock market manipulation.

According to the Party Central Committee’s Inspection Commission, Minister of Health Nguyen Thanh Long and Hanoi Chairman Chu Ngoc Anh, who formerly served as Minister of Science and Technology, must take responsibility for their alleged involvement in Viet A Technology Corporation’s price gouging of Covid-19 test kits.

The Civil Aviation Authority of Vietnam (CAAV) will closely monitor Bamboo Airways, whose chairman T rinh Van Quyet has been detained on alleged charges of stock market manipulation, for three to six months.

A 38-kilometer light rail route will be built to connect Thu Thiem new urban area of HCMC with the under-construction Long Thanh International Airport in neighboring Dong Nai Province, with a total estimated cost of VND40.5 trillion (US$1.77 billion).

Ministry of Public Security investigators have just detained the high-profile FLC Group chairman, Trinh Van Quyet, on alleged charges of stock market manipulation.

The estimated cost of the Tan Van-Nhon Trach section of the Ring Road No. 3 project, which will connect HCMC, Binh Duong, Dong Nai and Long An, has risen by over VND1.6 trillion after six years of delays.

Over 320,000 international passengers flew to Vietnam in the first quarter of the year, soaring 176% year-on-year, according to a recent report sent by the Civil Aviation Authority of Vietnam to the Ministry of Transport.

Vietnam has achieved the mutual recognition of Covid vaccine passports with 17 countries, according to the Ministry of Foreign Affairs.

HCMC will officially begin collecting fees from users of infrastructure facilities and public services at seaport terminals in the city from April 1 after delaying the fee collection twice, said Nguyen Ngoc Tuan, director of the HCMC Inland Waterway Port Authority.

The National Assembly’s Standing Committee has passed a resolution to raise the cap on overtime from 40 to 60 hours per month and from 200 to 300 hours per year.

Vietnam Airlines announced on March 22 that it would temporarily suspend regular flights on the Hanoi-Moscow air route, starting from March 25 until further notice.

Vietnam has achieved the mutual recognition of Covid vaccine passports with 17 countries, according to the Ministry of Foreign Affairs.

Gasoline prices were revised down by VND630-650 a liter on March 21, while diesel oil was priced VND1,630 lower per liter, all far below earlier forecast of a price drop of some VND2,000 per liter.

The HCMC government has written to the Ministry of Planning and Investment proposing extending the implementation of six projects whose investment capital is listed in the 2021 State budget.

Due to the fuel price hike, many transport enterprises have been in a dilemma as they may lose customers if they raise the service prices; otherwise, they will incur heavy losses.

The Government will study how to remove Covid-19 from the list of class A infectious diseases, which are extremely dangerous, according to the anti-pandemic program in 2022-2023.

Housing investors who fail to deliver on their commitments to customers should be banned from developing new projects, proposed Nguyen Thi Thu Nga, deputy director of the HCMC Department of Construction.

Vietnam no longer requires aliens to take an on-arrival Covid-19 test and self-quarantine, according to the Ministry of Health’s new guidelines.

Over 14,100 foreign direct investment (FDI) firms, or 56% of the total in Vietnam, reported losses worth more than VND151 trillion in 2020, according to the Finance Ministry’s recent report sent to the prime minister.

South Korea, Indonesia and Singapore have relaxed entry restrictions for foreigners, including Vietnamese travelers, to speed up their reopening to the world.

Since early March, domestic steel prices have increased three times by an average of VND600,000-1.4 million per ton, worrying many contractors and slowing down the execution of many projects.

Vietnam’s gold price soared to an all-time high of some 74 million VND per tael on March 7, following the surge in the global price of the yellow metal.