Nguyễn Anh Khôi beat Ahmed Adly of Egypt in the eighth set of the 25th Abu Dhabi International Chess Festival. — Photo vnecdn.netViet Nam News HÀ NỘI — Young talent Nguyễn Anh Khôi beat Ahmed Adly of Egypt in the eighth set of the 25th Abu Dhabi International Chess Festival on Tuesday. Khôi (Elo 2,454) defeated Adly after taking advantage of his mistakes. Adly lost after 31 moves. With this victory, Khôi has 5.5 points after the eighth set, ranked fourth in his group. The former defending champ of U10 and U12 will meet Vladimir Fedoseev (Elo 2,707) in the ninth set. Top Vietnamese chess player Lê Quang Liêm (Elo 2,727) took white and defeated Aryan Chopra of India (2,536), also achieving 5.5 points after eight sets. Liêm will take black and meet David Jojua of Georgia in the final set. — VNS … [Read more...] about Khôi beats Egyptian grandmaster in UAE
Moody’s takes rating actions on VIB
Currently, VIB has a network of 162 branches in 27 key cities. - VNS PhotoViet Nam News HÀ NỘI — Ratings agency Moody’s Investors Service has announced its ratings report on Vietnam International Bank, also known as VIB, and other local banks in Việt Nam. Moody’s has upgraded the VIB’s long-term local and foreign currency bank deposit and issuer ratings to B2 from B1. The ratings agency has also changed the outlook for the local currency deposit and local and foreign currency issuer ratings of VIB from positive to stable. All other ratings were maintained. As of June 30, 2018, VIB’s total assets had reached VNĐ127.24 trillion (US$5.8 billion). During the first half of 2018, the bank’s lending increased by 9.3 per cent to VNĐ87.3 trillion while deposits grew 10.2 per cent to VNĐ75.3 trillion. In the first half of the year, VIB tripled its pre-tax profit from a year earlier to VNĐ1.15 trillion, … [Read more...] about Moody’s takes rating actions on VIB
Explosives found
Viet Nam News Traffic police yesterday found more than 100 kilos of explosives on a coach on National Highway 1A in Diễn Châu District, the central province of Nghệ An. The coach driver failed to show police any documents relating to the transport and use of the explosive material. He told police that he was hired to transport them from Hà Nội to the central province of Bình Thuận for sale. The province’s investigation police is taking over the case. — VNA/VNS Photo … [Read more...] about Explosives found
Typhoon set to strike mainland
Viet Nam News HÀ NỘI — Typhoon Bebinca was bearing down on northern and central provinces yesterday and was forecast to blanket the area with torrential rains of up to 350mm. The National Hydro-Meteorological Forecasting Centre said at 4pm yesterday, the typhoon was 350km from the north-eastern province of Quảng Ninh’s Móng Cái City, with wind speeds reaching 90km per hour. It was moving west-southwest at 10km per hour, the centre said. The centre forecast that the typhoon would make landfall in localities from Hải Phòng to Nghệ An by 10am on Friday. Due to the typhoon’s influence, water levels could rise by two to four metres in the Hồng (Red) – Thái Bình river system and waters could swell by three to six metres in rivers from Thanh Hóa to Nghệ An provinces between Thursday and Saturday. The provinces of Lai Châu, Sơn La, Hoà Bình, Yên Bái, Phú … [Read more...] about Typhoon set to strike mainland
CAAV asks carriers not to hike airfares
CAAV asks carriers not to hike airfaresThe Saigon Times Daily Passengers are seen getting off an aircraft of Vietnam Airlines. CAAV has asked local carriers to refrain from increasing airfares to stabilize prices during fuel price hikes - PHOTO: LE ANH HCMC - The Civil Aviation Administration of Vietnam (CAAV) has asked local carriers to refrain from increasing airfares to stabilize prices during fuel price hikes, in accordance with the prime minister’s request, the local media reported. The Government and the Ministry of Transport have requested the relevant agencies to stabilize prices to maintain an inflation rate below 4% this year. Earlier, in June, data from the General Statistics Office showed that local budget carriers Vietjet and Jetstar Pacific had hiked the fees of their fringe services, leading to a rise in airfares by 2.59%. Deputy Prime Minister Vuong Dinh Hue had asked the Transport Ministry to perform an inspection and work on price monitoring as … [Read more...] about CAAV asks carriers not to hike airfares
Danang aims to attract Russian tourists
Danang aims to attract Russian touristsBy Nhan Tam European tourists walk on a beach in Danang City. The city should extend its source markets to Russia and Europe - PHOTO: NHAN TAM DANANG – The central coastal city of Danang is striving to lure more Russian and European tourists in a bid to diversify international visitors, but it is facing some difficulties with weather conditions and air routes, which should be addressed to meet the target. The leader of the Danang government, who is on a visit to Europe, is working with Russian travel firm ANEX Tour in Moscow City to discuss a plan on tourism promotion. The tour is scheduled to conclude on August 21. Tourism experts noted that it is necessary to increase the number of Russian and European visitors to Danang City to diversify tourist sources, adding that certain factors, such as weather, may affect these efforts. Russian tourists tend to travel to Danang City between October and February to avoid freezing weather in … [Read more...] about Danang aims to attract Russian tourists
HCMC plans to set up bus-only lanes during rush hour
HCMC plans to set up bus-only lanes during rush hourBy Le Anh A scheme on priority lanes for passenger buses has met with disapproval, as the streets are said to be too narrow for separate bus lanes - PHOTO: LE ANH HCMC – Authorities of HCMC are working on a scheme to set up separate lanes for buses during peak hours, particularly for two hours in the morning and three hours in the afternoon. The move is expected to improve the speed of the buses, resulting in punctuality, and to raise the number of public transport users in the city. Associate Prof. and Dr. Nguyen Quoc Hien, head of the Traffic Construction faculty under the HCMC University of Transport, who was assigned to research bus lanes, said his team has proposed the regulation of bus lanes, of which the first 3.6-kilometer-long section will run from Dinh Tien Hoang Street to Ly Thai To Intersection, while the other lane, 2.2 kilometers long, will stretch from Dinh Tien Hoang Street to Dan Chu Intersection. Each … [Read more...] about HCMC plans to set up bus-only lanes during rush hour
Serena beaten by Kvitova in second round in Cincinnati
Serena beaten by Kvitova in second round in CincinnatiThe Saigon Times Daily Serena Williams (USA) reacts against Petra Kvitova (CZE) in the Western and Southern tennis open at Lindner Family Tennis Center in Mason, OH, USA August 14, 2018 – PHOTO: REUTERS NEW YORK (REUTERS) - Serena Williams was beaten 6-3 2-6 6-3 by Petra Kvitova in a thrilling second-round match at the Cincinnati Open on Tuesday, ending the American's bid for a third title at the event. Williams looked rusty in the first set, struggling to handle the Czech's booming left-handed serve and never created a break-point opportunity. But the 23-times grand slam champion dug deep in the second, thumping serves and blasting returns to the delight of the supportive crowd under the lights. Williams appeared to be in command when she broke Kvitova to start the deciding third set but the two-time Wimbledon champion elevated her service game and was defensively resolute to set up a third-round clash with Kristina … [Read more...] about Serena beaten by Kvitova in second round in Cincinnati
Market enters deep correction
Market enters deep correctionBy Phuong Thao HCMC – Having traded sideways early on, the local stock market tumbled given huge selling pressure in the afternoon phase today, August 15, pushing the VN-Index of the Hochiminh Stock Exchange down a hefty 16.9 points, or 1.73%, at 961.37. Trading volume and value on the southern market slid 6% against the previous day at 188.9 million shares and VND4.4 trillion, including block deals valued at VND633.7 billion. After soaring on Monday, oil and gas stocks came under profit taking pressure, with GAS and PLX shedding 6.1% and 4.3% at VND95,000 and VND62,800 a share, respectively. Other heavyweights also declined strongly, except for property firm VHM that managed to close at the reference price of VND107,800 per share. VIC, an associated company of VHM, declined 1.4% at VND101,900 a share. Among bank stocks, VCB led laggards as it slumped 3.5% at VND60,600 a share. MBB was the most actively traded stock in the banking sector with over … [Read more...] about Market enters deep correction
VNA offers 15% discount on online bookings
VNA offers 15% discount on online bookingsBy Van Ly A Vietnam Airlines aircraft is seen at an airport in Vietnam. VNA has launched special deals on fares, offering customers a 15% discount for booking tickets online – PHOTO: LE ANH HANOI – National flag carrier Vietnam Airlines (VNA) has launched special deals on fares, offering customers a 15% discount for booking tickets online via the airline’s website at www.vietnamairlines.com from August 15 to September 13. VNA, the National Payment Corporation of Vietnam (NAPAS) and 34 commercial banks in the country jointly launched the promotional program, offering 10,000 discounted fares under promo codes that are valid for both domestic and international flights departing on Tuesdays, Wednesdays and Thursdays during the promotional period. Of this, 2,000 units available under the promo codes PR15NAPAS218, PR15NAPAS318, PR15NAPAS418 and PR15NAPAS518 will allow customers to get a 15% discount on flights connecting … [Read more...] about VNA offers 15% discount on online bookings