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Saigon Times to hold series of seminars on safe tourism amid pandemic

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Foreign tourists in HCMC are given free face masks to protect them from coronavirus. The Saigon Times Group will hold a series of seminars on safe tourism amid the Covid-19 pandemic – PHOTO: VNA

HCMC – The Saigon Times Group will organize a series of seminars on safe tourism amid the complicated developments of the Covid-19 pandemic to help enterprises work out solutions to ensure the safety of tourists.

The seminars will be held in HCMC on October 22, in Quang Nam Province on October 29, in Can Tho City on November 6 and in Hanoi on November 12.

Speakers at the seminars will comprise representatives of tourism departments and associations, local travel firms and experts in the tourism sector.

With the opinions of and suggestions from individuals and organizations, the seminars are expected to provide enterprises with ideas for a safe tourism operation process while the Covid-19 pandemic continues to challenge the tourism sector and the whole world.

The seminar in HCMC, which will take place from 8:00 to 12:00 on October 22 at 35 Nam Ky Khoi Nghia Street, District 1, will be attended by Nguyen Thi Anh Hoa, director of the municipal Department of Tourism; Tran Minh Hung, editor-in-chief of the Saigon Times Group; Dang Manh Phuoc, director of Outbox Consulting Company; Phan Xuan Anh, chairman of Viet Excursions Tourism Company; and Ngo Minh Duc, chairman of HG Holding.

Hoa will speak about safe tourism from the point of view of management agencies, while Phuoc will present the necessity of safe tourism operation processes and standards.

The seminar will also include a roundtable discussion on safe tourism solutions with the participation of Hoa, Phuoc, Anh and Duc.

Individuals and enterprises interested in participating in the seminars can register at http://bit.do/dulichantoan.

For more information, visit www.sgtiepthi.vn/tag/du-lich-an-toan.

Source: https://english.thesaigontimes.vn/78986/saigon-times-to-hold-series-of-seminars-on-safe-tourism-amid-pandemic.html

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GE announces new contract with EVNGENCO 3

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GE and EVNGENCO 3 sign the new contract on October 26 – PHOTO: COURTESY OF GE

HCMC – GE on October 26 announced a new contract with Vietnamese state-owned power utility Power Generation Joint Stock Corporation 3 (EVNGENCO 3) to continue supplying parts and services for its Phu My 2.1 and 4 power plants.

The two plants are located in the 3,900-megawatt (MW) Phu My Power Generation Center in the southern part of the country and provide approximately 10% of the country’s energy needs.

The five-year service agreement includes the provision of new and reconditioning parts and on-site services for four GE GT13E2 gas turbines and STF-D200-combined cycle steam turbine units, helping to increase the safe and reliable operations and efficiency of EVNGENCO 3’s power plants.

“As the largest power generation center in Vietnam, we have a responsibility to ensure seamless operations and no down time of our facilities,” said Dinh Quoc Lam, chairman of the board of directors of Power Generation Corporation 3, in a statement.

He added that “choosing GE was the natural choice to help us utilize the full potential of our plant’s assets. We have benefitted from GE’s proven track record of providing high-quality technology and services. GE’s support has been exceptional throughout the Covid-19 pandemic, and with this service agreement, we trust in the company’s ability to continue to support us in achieving our business goals.”

GE’s GT13E2 Gas Turbines have been powering the two plants since 1997. GE upgraded the units to MXL2s over several years since 2016, resulting in an increased output of approximately 6% (from 440MW to 465MW) and improved efficiency levels from 51.8% to 53.7%.

“Vietnam has achieved impressive progress toward rapid economic development in the past few decades built on the backdrop of increasing access to electricity to power its people and businesses,” Pham Hong Son, CEO, GE Vietnam, said in the statement, adding, “We are honored to continue to provide EVNGENCO 3 with our safe, reliable and in-region support, and ultimately help Vietnam achieve its energy goals for its national economic growth.”

GE’s GT13E2 gas turbine offers industry-leading efficiency. Its installed base of over 170 units operating in 35 countries cumulates over 14 million operating hours and generates 400 GW/h per day. The turbine capability to operate in extreme conditions (from -50°C to +55°C) and its high utilization rate of some 5,000 operating hours per units per year on average demonstrates the engine’s success and reliability. GE has performed over 500 C-Inspections and installed 39 MXL2 upgrades on 13E2 machines.

During the ceremony, an MoU was signed with EVNGENCO 3 as part of GE’s commitment to support the growth of the country’s power sector and human capital development. The MoU envisages that GE will support training and capability building of EVNGENCO 3’s personnel to execute field services related to steam turbine and generator equipment maintenance. GE and EVNGENCO 3 will also work together to explore collaboration for service opportunities related to steam turbine and generator equipment owned by EVNGENCO 3 and other power generation companies.

Source: https://english.thesaigontimes.vn/79121/ge-announces-new-contract-with-evngenco-3-.html

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VN-Index takes nosedive due to selling pressure

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Customers transact at Bao Viet Securities Company. The indexes of the HCMC and Hanoi exchanges tumble today, June 27, due to sell-offs – PHOTO: VNA

HCMC – Strong selling pressure drove the local stock market down today, October 26, with the VN-Index of the Hochiminh Stock Exchange losing 10.46 points, or 1.09%.

With losing stocks outnumbering winners by 286 to 137, the benchmark index closed the day at 950.8 points.

Trade volume totaled 428.25 million shares worth nearly VND8.6 trillion, inching down 5.36% and 9.61%, respectively, over the previous session. Nearly 23.5 million shares valued at VND597.13 billion were traded in block deals.

In the VN30 basket, only seven stocks advanced, with consumer goods stock MSN adding 2.2% at VND87,900, and six others picking up some 1%.

Most bank stocks in the basket closed at their lowest prices of the day.

Specifically, BID lost 4.2% at VND41,000; CTG dropped 4.1% at VND30,500; STB plummeted 3.09% at VND14,100; and VPB plunged 4.44% at VND24,300.

Small and medium stocks, such as real estate firms FLC and HAG, agricultural firm HAI and industrial zone developer ITA, also closed deep in the red.

The HNX-Index of the Hanoi Stock Exchange also lost 1.88%, or 2.67 points, against the session earlier, at 139.03 points. There were 55.67 million shares worth VND776.33 billion changing hands on the northern bourse.

Many large-cap stocks tumbled. For example, lender ACB slid an astounding 3.1% at VND24,800, while construction firm VCG fell 4.1% at VND41,800. In addition, gas firm PVS slipped 2.9% at VND13,500.

ACB and PVS were the most traded stocks on this market, with 11.66 million and 6.8 million shares, respectively, matched.

Source: https://english.thesaigontimes.vn/79125/vn-index-takes-nosedive-due-to-selling-pressure.html

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Ultra-large container ship docks at Cai Mep terminal

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Margrethe Maersk, one of the world’s largest container ships, arrives at Cai Mep International Terminal in Ba Ria-Vung Tau Province on October 25 – PHOTO: PLO

HCMC – Margrethe Maersk, one of the world’s largest container ships, arrived at Cai Mep International Terminal (CMIT) in the southern province of Ba Ria-Vung Tau at 3 p.m. on Sunday, October 25.

The container vessel, operated by 2M Alliance, a container shipping industry alliance between Maersk Line and the Mediterranean Shipping Company, is able to carry over 18,000 twenty-foot containers at a time. It measures nearly 400 meters in length and 59 meters in width.

The ship’s port call has marked an important milestone in the maritime industry of Vietnam, making CMIT one of some 20 major ports worldwide capable of receiving vessels of this size.

The port’s eligibility to handle such huge container ships has demonstrated good management capacity and coordination among the competent agencies and port businesses, which have smoothed the way for the port to grow further.

Source: https://english.thesaigontimes.vn/79126/ultra-large-container-ship-docks-at-cai-mep-terminal.html

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