Next Bitcoin Halving Event Could Be a Stress Test for Miners: JPMorgan

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The next halving will see a reduction in miners’ revenues and an increase in bitcoin production costs at the same time, the report said.

The bitcoin (BTC) hashrate continues to hit new all-time highs as competition between miners escalates ahead of the next halving event, expected second-quarter 2024, JPMorgan (JPM) said in a research report Thursday.

The halving will reduce issuance rewards to 3.125 BTC from 6.25 BTC, “implying a reduction in miners’ revenues, effectively increasing bitcoin’s production cost at the same time,” the report said.

“While bitcoin halving is seen as having a positive effect on the bitcoin price given the production cost acted historically as a floor, it poses a challenge for bitcoin miners,” analysts led by Nikolaos Panigirtzoglou wrote.

Hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain such as Bitcoin.

JPMorgan says miners with lower electricity costs will find it easier to survive, while miners with higher power costs may struggle after halving occurs.

The bank estimates that a 1 cent per kilowatt hour (kWh) change in the electricity cost could cause a $4,300 change in the bitcoin production cost. After halving, this sensitivity would double to $8,600, thereby “increasing the vulnerability of higher cost producers.”

The steep rise in the hashrate implies increasing competition among bitcoin miners with more mining rigs being deployed, the note said.

It is unlikely the hashrate will continue to rise at the same pace following the halving event “without any sustained rise in the bitcoin price above its production cost or a large increase in transaction fees that could offset the reduction in issuance rewards,” the report added.

“Original iPhone Sets Unprecedented Auction Record with Jaw-Dropping Sale Price”

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An original 4GB iPhone still sealed at the factory in 2007 has just sold at auction for a record-breaking $158,000.

According to AppleInsider, the auction was conducted by LCG Auctions between June 30 and July 16, with the highest number being pegged at $158,644 after 28 bids. The initial price for this iPhone was 10,000 USD and the final number broke the 100,000 USD prediction made earlier.

Apple released the auctioned original iPhone, a “rare” 4 GB model, on June 29, 2007. The company produced it in limited quantities, as they focused on the higher-priced 8 GB variant priced at $100, which attracted more user interest. Just over two months after its release, Apple discontinued the 4 GB model on September 5, 2007.

The auctioned 4GB iPhone model is still factory sealed and is said to be in “exceptional condition” with “virtually spotless” edges and surfaces and tightly wrapped. The product was also co-signed by part of the original engineering team at Apple when the shipment was first released.

The amount for this original 4GB iPhone is much higher than previous factory sealed and auctioned iPhone models. The previous record was set in February 2023 for the iPhone 8 GB model with the amount of 63,356.4 USD. A second record was set a month later for $54,904, another record for the original model with the “Lucky You” sticker on the box for $40,000.

Reportedly, with a price of 158,644 USD, this original 4 GB iPhone is worth more than 4 Tesla Model 3 cars, 264 Mac mini M2s and 99 1 TB iPhone 14 Pro Max.

Ford Escape was investigated for a serious error that caused the car door to open unexpectedly

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The National Highway Traffic Safety Administration (NHTSA) is investigating a serious technical fault in the Ford Escape that caused the doors to open unexpectedly. There are more than 100 user complaints submitted to the agency.

The National Highway Traffic Safety Administration (NHTSA) in the US reported receiving over 100 complaints regarding defects in the 2020 and 2021 Ford Escape models. These complaints have resulted in up to 25 reported cases of customer injuries attributed to the problem.

The Vehicle Fault Investigations Office of NHTSA has initiated an official preliminary assessment to investigate the cause of the defect in 118 cases related to those models. Consequently, the number of vehicles affected by this technical fault can reach up to 346,071.

According to NHTSA, the sudden opening of the doors is related to poor solder joints in the front door swingarm brackets of certain Escapes, causing unfortunate circumstances. Many car owners report hearing noises when they open their doors and then the problems start to appear.

The poor quality welding of the front door handle bracket makes it separate from the main door after a period of use, causing the door to be misaligned. When the door is closed, the latch is not installed correctly as designed, leading to cases where the door opens unexpectedly or is stuck unable to open the door.
This incident caused 25 vehicle owners to report that they were slightly injured due to the poor welding door lever support system. One case even suffered property damage.
Currently, Ford is the manufacturer conducting the most vehicle recalls in the US. Last June, Ford sent out a recall notice for more than 140,000 Lincoln MKC vehicles with defects that pose a fire risk.
In Vietnam, Ford Escape is a well-known model because it is Ford’s 5-seater SUV with American style with masculine and strong qualities. This model was sold from 2001 to 2013 when it was discontinued. In particular, the first generation of Ford Escape from 2001 – 2007 and the second generation from 2008-2013.

Application of AI in restaurant business.

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Artificial intelligence (AI) has become a buzzword in almost every industry including the restaurant business. For restaurant owners and marketers, the use of AI in business can help increase revenue.

Restaurant owners and marketers can use AI to identify patrons and potential customers through personalized ads, studying customer behavior to better understand their needs and preferences. , while also automating marketing tasks.

The application of AI in restaurants is receiving a lot of attention as a new way to improve the customer experience, while saving time and reducing costs.

AI technology can be used to improve order accuracy, engage customers online, and improve and optimize marketing.

AI also helps to fine-tune daily predictions such as expected number of guests, sit-back times, waiting lists, and table reservations.

By leveraging this technology, restaurants can enhance the overall experience for their patrons, while staying competitive in this challenging market.

Artificial intelligence can also improve customer service in a number of ways. AI-powered solutions like chatbots can generate automated, personalized responses to patrons anywhere, anytime.

AI can also help streamline restaurant marketing campaigns by precisely reaching customers with customized messages based on their personal information. For example, virtual assistants use data from multiple sources to answer questions and make recommendations tailored to each user.

With an AI system and marketing automation, restaurant owners will save a lot of time and energy so they can focus on other aspects.

Additionally, with the ability to anticipate guest needs and preferences, businesses can benefit from reduced costs and increased customer satisfaction.

Overall, AI is helping restaurants develop stronger relationships with customers and optimize resources for business operations. Many restaurants are continuing to research how to use AI to run their business more efficiently, creating more enjoyable customer experiences.

 

Tourists Forced to Cancel Hotel Reservations and Boat Tours as Typhoon Talim is Heading to Vietnam

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Several guests have had to cancel their hotel rooms and boat tours in Hai Phong and Quang Ninh due to Typhoon Talim, resulting in significant losses for businesses, including yacht operators.

The National Center for Hydro-Meteorological Forecasting has predicted that Typhoon Talim will reach the island of Loi Chau (China) and then enter the Gulf of Tonkin around 19-20 o’clock tonight. By tomorrow afternoon, the storm is expected to directly impact Quang Ninh and Hai Phong with winds of 9-10.

Starting from July 17, the People’s Committee of Cat Hai district in Hai Phong has issued an official notice to suspend sightseeing, entertainment, and swimming activities in the bays of the Cat Ba archipelago and the surrounding beaches. Pham Ha, the owner of the Heritage yacht operating in Lan Ha Bay, mentioned that the ship has returned to the storm shelter at Gia Luan wharf (Hai Phong) since the afternoon of July 16.

As a result, the scheduled tours that involved a two-night stay in Lan Ha Bay on July 17-18 have been canceled. Mr. Ha mentioned that prior to the announcement, the yacht had all 20 rooms booked, priced at approximately 11 million VND per night. Since many guests were foreigners on short trips, their reservations were canceled. This has caused a loss of over 100 million VND per night for the business. The remaining guests were Vietnamese and had some flexibility, allowing for rescheduling to a later date.

Trees blow in the wind in Ha Long city, Quang Ninh province, Vietnam. EPA/STRINGER

A representative from the Lan Ha Yacht Association reported that their businesses collectively have around 800 rooms. The cancellations and delays caused significant damage to these businesses, but they had no choice but to prioritize safety.

However, another ship owner mentioned that the current weather situation seems favorable. Based on their experience, the yachts should be able to pick up passengers on July 17 and safely return them by 9 am on July 18.

The impact of the storm is not limited to yacht operators but also affects the hotel businesses on Cat Ba Island. A representative from a 5-star hotel mentioned that many tourists have requested to postpone or cancel their room reservations due to the storm.

In Quang Ninh, the province is also considering implementing a ban on sea activities starting from 3 pm on July 17. There were approximately 2,500 guests on Co To Island on July 17. After the People’s Committee of Co To district informed residents and tourists about the storm’s progress, 42 boats departed, taking over 8,000 visitors back to the mainland.

Vietnam’s Lan Ha Bay in Hai Phong

David Tan, a tourist from Malaysia, decided to shorten his Co To Island tour by one day due to concerns about the bad weather. Initially, he planned to stay from July 15 until the afternoon of July 17 but decided to leave early on the afternoon of July 16. Tan mentioned that the weather was still fine and there were still many new visitors arriving on the island at the time of his departure.

Another tourist, Donald Cook from the US, arrived in Co To Island on July 16 and intends to return on July 18. He did not change his schedule but planned to extend his stay for an additional day or two if the weather turned bad.

In Ha Long, hotels have also started receiving requests to cancel or reschedule guests due to concerns about the adverse weather conditions. A representative from Muong Thanh Luxury Quang Ninh stated that on the morning of July 17, the sales department received several requests from both large groups and individual customers to reschedule their bookings.

The representative mentioned that they are willing to accommodate rescheduling requests from guests, considering that most visitors come to Ha Long to visit the bay and enjoy swimming. If boating and swimming become unsafe due to the storm, it would render the guests’ trips futile, and they do not want to inconvenience them. However, the hotel only accepts rescheduling requests and does not allow cancellations.

Many international flights have also experienced delays due to Typhoon Talim. Vietnam Airlines had to postpone the departure time of numerous flights between Vietnam and Hong Kong due to the impact of the typhoon, affecting other flights as well.

Extra color New Apple iPhone 15 Pro will be Deep Pink?

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While Apple may not be known for frequently altering its smartphone designs, the company undeniably leads the way in creating color trends. The highly anticipated iPhone 15 series is no exception, promising not only technological and performance advancements but also a visual transformation that is set to make waves in 2023.

Months ahead of the official release of the iPhone 15, a plethora of rumors and leaks regarding its specifications and design have inundated the internet. Though these details still await official confirmation, they have already sparked excitement and anticipation among Apple enthusiasts. Among the leaks, a series of photos showcasing a pink iPhone 15 Pro have garnered significant attention.

Referred to as “Deep Pink” within online communities, this variant of the iPhone 15 Pro sports a captivating shade of sweet pink that has particularly captivated female users. The inclusion of such a color option further bolsters the notion that Apple is adept at setting trends and catering to diverse consumer preferences.

Expected to launch later this year, the iPhone 15 is rumored to introduce a variety of noteworthy features. These include a shift to the USB-C connector, the inclusion of pressure-sensitive buttons, and the incorporation of a Dynamic Island strip across all four versions. Notably, the Pro series is expected to boast an upgraded camera system and a titanium frame that offers enhanced durability compared to stainless steel.

These include a shift to the USB-C connector

Earlier reports from 9to5Mac suggested that Apple is planning to introduce a new color option for its 2023 iPhone lineup. Specifically, the iPhone 15 Pro and Pro Max models are rumored to be available in an elegant wine red, reminiscent of burgundy. These images indicate that the wine red hue will be deeper and richer than the Product Red color featured on previous models like the iPhone XR and iPhone 11. Additionally, Apple is said to be testing two new color options, namely blue (Cyan) and dark pink (Magenta), for the standard iPhone 15 and iPhone 15 Plus.

It is important to note that the leaked images of the pink iPhone 15 Pro currently circulating online are still unverified rumors. Nevertheless, the prospect of a Pro version in delightful colors like “Deep Pink” has generated considerable anticipation among iPhone enthusiasts.

PU Prime: Empower Your CFD Trading with Unmatched Advantages

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When it comes to trading contracts for differences (CFDs), choosing the right brokerage is crucial for success. PU Prime, a regulated and reputable broker, stands out as an exceptional choice. Offering a wide range of financial instruments, tight spreads, zero commissions, fast execution, social trading resources, advanced charting tools, a seamless mobile trading app, and robust customer service, PU Prime provides an all-in-one solution for traders. Let’s delve into the compelling reasons why PU Prime should be your preferred brokerage for CFD trading.

What is CFD Trading?

CFD trading involves speculating on the price movements of a wide range of financial instruments, including stocks, indices, commodities, currencies, and more. Instead of purchasing the assets directly, traders enter into a contract with their chosen brokerage to exchange the difference in the asset’s price from the time the trade is opened to the time it is closed.

CFDs are financial derivatives that allow people to trade the financial markets without actually owning the underlying assets. One of the primary advantages of CFDs is the ability to profit from both rising and falling markets, as you can take positions in either direction easily. Additionally, CFDs offer leverage, allowing you to control a larger position with a smaller amount of capital. However, it’s important to note that leverage can amplify both potential profits and losses.

Wide Selection of Financial Instruments: CFDs can be issued for almost any financial instrument. PU Prime offers an impressive selection of products to trade, including Forex, Indices, Commodities, Metals, Shares, Cryptocurrencies, and ETFs. With such a diverse range of options, you can diversify your portfolio and take advantage of various market opportunities, allowing for greater flexibility in your trading strategies.

Tight Spreads and Zero Commissions: One of the significant advantages of trading with PU Prime is their tight spreads. These narrow the difference between the buying and selling prices of assets, reducing your trading costs and maximizing your potential profits. Additionally, PU Prime operates on a zero-commission model, saving you from unnecessary fees and enhancing the overall profitability of your trades.

Fast Execution: PU Prime understands the importance of fast and accurate trade execution. With their cutting-edge technology and robust infrastructure, PU Prime ensures that your trades are executed promptly and efficiently. Fast execution minimizes slippage and allows you to seize market opportunities without delay, maximizing your trading potential.

Copy Trading Resources: PU Prime offers copy trading, giving you access to the wisdom and strategies of successful traders. Through the PU Social app, available on both Google Play and the App Store, you can log in and easily copy the moves of experienced traders. This feature allows you to benefit from their expertise, automatically mirroring their trades and capitalizing on their proven strategies.

Advanced Tools: PU Prime provides a wide range of tools for conducting analysis. With these tools, you can perform in-depth technical analysis, identify patterns, and recognize potential entry and exit points in the market. This is in addition to comprehensive and timely coverage of the financial markets and professional analyst reports. Access to comprehensive and accurate market data empowers you to execute trades based on solid analysis, improving your overall trading performance.

Seamless Mobile Trading App: In today’s fast-paced world, having a convenient and reliable mobile trading app is crucial. PU Prime offers a one-stop mobile trading app available on the App Store and Google Play. This app allows you to manage your trades, access real-time market data, use risk management tools, and execute trades effortlessly, all from the palm of your hand. The mobile app ensures that you can trade on the go, never missing out on trading opportunities.

Strong Customer Service and Support: PU Prime prides itself on its commitment to excellent customer service and support. Their dedicated team is readily available to assist you with any inquiries or concerns you may have. Whether it’s account-related queries, technical issues, or general trading support, PU Prime ensures that their clients receive prompt and reliable assistance, fostering a positive and supportive trading environment.

Regulated By Trusted Authorities: PU Prime is regulated by multiple regulatory authorities, the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA) in Seychelles. These bodies ensure that PU Prime adheres to strict industry standards and operates in a transparent and secure manner. Trading with a regulated broker like PU Prime provides peace of mind, knowing that your funds and personal information are protected.

PU Prime excels as a brokerage for CFD trading, offering a comprehensive suite of advantages that set it apart from the competition. With a wide selection of financial instruments, tight spreads, zero commissions, fast execution, social trading resources, advanced charting tools, a seamless mobile trading app, and robust customer service, PU Prime provides an all-inclusive solution for traders. Furthermore, being regulated by adds an extra layer of trust and security. Choose PU Prime as your preferred brokerage and experience the benefits of a reliable and feature-rich platform, allowing you to navigate the world of CFD trading with confidence and success.

Vietnam becomes a magnet for high-spending tourists from this country

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Vietnam’s reopening has generated significant excitement among high-spending tourists from Cambodia due to its favorable geographic location, convenient transportation, and streamlined border checks, industry insiders reveal. Cambodia has emerged as a major tourism feeder market for Vietnam, contributing 198,000 arrivals in the first half of this year.

The Cambodian tourism market is currently experiencing the most rapid recovery in Vietnam, with an impressive 338% increase in the first six months compared to pre-pandemic levels. India closely follows with a growth rate of 236%, as reported by the Vietnam National Administration of Tourism.

Phan Huynh Phuong Hoang, the deputy general director of leading tour operator Vietravel, notes that previously, most Cambodian tourists visited Vietnam for medical treatment. However, in the post-pandemic era, an increasing number of affluent Cambodian tourists are now flocking to border provinces for luxurious weekend getaways at high-end resorts.

Hoang adds that Cambodian tourists typically spend $800-900 on tours to Hanoi and Ha Long in northern Vietnam, equivalent to the cost of a tour to South Korea. Vietravel has observed a 10% increase in Cambodian bookings for their tours compared to pre-pandemic levels.

Cruise company Aqua Expeditions offers Mekong River journeys through Cambodia and Vietnam.
@Holger Leue & Lars Böhnke/Aqua Expeditions

Tran Quoc Thinh, the director of the Tourism Promotion Center in Tay Ninh Province, which shares a border with Cambodia, emphasizes the importance of the Moc Bai border gate as a key entry point for Cambodian tourists visiting Vietnam. In the first half of the year, Tay Ninh witnessed a 14% increase in visitors, reaching 3.5 million. The total tourism revenue amounted to VND1.4 trillion, reflecting a significant 71% year-on-year growth.

Cambodian tourists visiting Vietnam can be classified into three categories. The first group consists of traditional visitors primarily from three adjacent provinces to Tay Ninh, often embarking on daily tours. The second group comprises luxury tourists from major cities such as Phnom Penh and Siem Reap, who visit Vietnam for medical purposes. The third group includes tourists seeking extended stays and indulging in high-end resorts located in Phu Quoc, Da Lat, and Vung Tau.

Thinh highlights the noticeable increase in high-class tourists from Cambodia, who frequently arrive in Tay Ninh and Ho Chi Minh City for medical treatments and subsequently engage in travel and shopping activities.

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Tourism experts believe that Vietnam has vast potential to capitalize on high-spending Cambodian tourists. However, growth is hindered by limited availability of tourism products and direct air services connecting major cities in Vietnam and Cambodia.

Currently, there are limited daily flights from Phnom Penh, the Cambodian capital, to Ho Chi Minh City (HCMC), while travel agencies primarily organize outbound tours from Vietnam to Cambodia with diverse itineraries. Inbound tours for Cambodian tourists visiting Vietnam remain restricted.

Hoang mentions that Vietravel is considering launching direct flights between major cities in Cambodia and popular tourist destinations in Vietnam. Additionally, they plan to develop luxury beach tours, facilitating transportation for tourists from Tay Ninh and HCMC to Phu Quoc and Vung Tau.

Living and Working in Vietnam as an Expat: The Best and the Worst

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Vietnam has emerged as a popular destination for expats seeking an affordable and fulfilling life abroad. In the Expat Insider 2023 survey, Vietnam ranked 14th out of 53 destinations, highlighting both its strengths and areas for improvement.

Let’s take a closer look at the best and worst aspects of living and working in Vietnam as an expat.

Best Choice for Affordable Living

One of Vietnam’s greatest advantages is its affordability. The country consistently ranks high in the Personal Finance Index and secured the top spot in 2023. Expats appreciate the low cost of living, with 77% expressing satisfaction compared to a global average of 44%. Additionally, 71% of expats are content with their financial situation, and they find that their disposable income is sufficient for a comfortable life in Vietnam.

Expats Are Happy with Local Residents
Expats in Vietnam

Vietnam excels in creating a welcoming environment for expats. In the Ease of Settling In Index, Vietnam ranks 14th, with local friendliness being a standout aspect, ranking 5th globally. More than four in five expats (82%) describe the locals as generally friendly, fostering a sense of belonging. Expats find it easy to make local friends, and 83% feel welcome in Vietnam, well above the global average of 67%.

Work-Life Balance Pleases Expats

Vietnam offers a favorable work-life balance, with 73% of expats expressing satisfaction, compared to 63% globally. The country also ranks 6th in the Work & Leisure Subcategory, indicating a conducive environment for balancing professional and personal pursuits. Expats appreciate the personal career opportunities available in Vietnam, further enhancing their overall work experience. However, the local work culture falls short in terms of support for independent work and flexibility.

Digitalization Lags Behind
Send Money Overseas From Vietnam As Expats

Expats encounter challenges in the Expat Essentials Index, particularly in the Digital Life and Admin Topics Subcategories. The availability of administrative services online and cashless payment options are areas of dissatisfaction. Expats face difficulties in accessing high-speed internet, experiencing restricted access to online services, and encountering hurdles when opening a local bank account or obtaining a visa. Learning the Vietnamese language also proves to be a significant challenge for expats.

Expats Are Unhappy with Air Quality & Infrastructure
Traffic in Saigon Vietnam

Vietnam’s performance in the Quality of Life Index reveals areas that need improvement. Air quality is a significant concern, with 55% of expats expressing dissatisfaction, more than triple the global average. The urban environment also falls short, with less than 30% of expats feeling content compared to 67% globally. Expats believe that the government’s environmental protection policies are lacking, resulting in a poor availability of green goods and services.

Infrastructure for cars and public transportation ranks poorly in Vietnam, impacting the Travel & Transit Subcategory. The availability of healthcare is another challenge, with expats citing limited access and dissatisfaction with the quality of medical care.

Vietnam offers expats an attractive mix of affordability, welcoming locals, and a favorable work-life balance. However, certain areas require attention, such as digitalization, air quality, infrastructure, and healthcare. By addressing these issues, Vietnam can further enhance its appeal as a top destination for expats seeking a fulfilling life and rewarding career abroad.

YouTube introduces new features for Windows users

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Standout feature introduced by YouTube this time is the enhanced 1080 video quality aimed at providing a better experience for YouTube Premium users.

YouTube has announced that it will launch a series of new features for Windows users at the end of July. These new features will improve the video viewing quality to enhance the user experience.

Improved video quality

For YouTube Premium subscribers, users will be supported with higher bitrate speeds to enhance the video viewing experience on Windows. Specifically, with the 1080 Premium option, the quality of 1080p resolution videos will be improved through enhanced bitrate. Previously, YouTube only supported this option for iOS devices and certain regions.

Added new seek mode

Previously, users could use the arrow keys on the keyboard to seek a video by five seconds. Additionally, for devices with touch support, users had the option to double-tap on the left or right side of the video to seek forward or backward. Now, Google has added a new seek mode to YouTube, allowing users to seek forward or backward by 10 seconds while watching a video.

Improved Dark Mode

Currently, when users switch the YouTube interface to Dark Mode, the frame displaying suggestions on the search bar of YouTube does not transition to dark mode.

Google has stated that an upcoming update will address display issues, and Dark Mode will be improved to provide a more synchronized experience for users.

@Cafef 

Hue installs AI cameras to control violations and frauds in public places

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AI cameras in Hue will be connected to the national population database to help the government control violations and fraud in public places, tourist areas, and driver’s license examination points.

On July 13th, according to the People’s Committee of Hue province, the province is preparing to deploy an AI camera model in the area.

After installation, the AI cameras will be connected to the national population database to control violations in public places, tourist areas, and driver’s license examination points.

Security camera system in Hue City.

In particular, for driver’s license examination points, the AI camera model will help timely detect fraudulent behaviors.

According to the leaders of the People’s Committee of TT-Hue province, this model will improve management efficiency, law enforcement, and contribute to staff reduction for various agencies and units in the province.

Leading a working delegation from the Government to Hue province in mid-May 2023, Minister of Information and Communications Nguyen Manh Hung assessed that this locality has made significant progress and has excellent models in digital transformation.

Alongside efforts to enhance technical systems and infrastructure for smart urban development, the People’s Committee of the province has also collaborated with the Ministry of Public Security to implement tasks under Project 06.

To date, the province has deployed and gradually expanded 21 out of 26 models under Project 06, of which 9 models have been completed, 12 models are being implemented, and solutions are being developed for 5 models.

Through the implementation process, the models have proven effective and brought practical values and benefits to people and businesses. In terms of benefits for the local residents, the province has completed the collection of dossiers and issuance of citizen identification cards for 100% of residents, as well as collected over 535,000 electronic identity verification profiles (achieving over 50%).

The province has implemented non-cash payments for beneficiaries using state budget funds (through the “Managing Social Security Programs via VNeID” model) in 137 out of 141 communes, wards, and towns, achieving a rate of 97.16%.

For organizations and businesses, Hue province has piloted the use of chip-reading devices on citizen identification cards at notary offices and mobile verification devices to authenticate customer identities at pawnshop service establishments.

This method has helped these establishments obtain information about customers’ identification cards, ensuring transparency and accuracy in notarization, certification, and pawn contracts.

Especially in June, Hue province also piloted accommodation management software (ASM software) at 15 accommodation facilities and 3 medical facilities.

To date, the software has updated over 10,000 check-in information for guests, helping establishments monitor and manage residents, reducing time and cost for document storage. The application of accommodation management software has contributed to improving the state’s management efficiency in terms of security, residence, tourism, and healthcare in the area.

@Vietnamnet

Commencement of two routes connecting Long Thanh airport

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Two connecting roads to Long Thanh Airport have been started construction, with a total length of nearly 8 km, a total investment capital of 2,630 billion Vietnamese dong, and an estimated completion time of 885 days.

On the morning of July 14th, the Airports Corporation of Vietnam (ACV) held a groundbreaking ceremony for two roads (T1, T2) connecting Long Thanh International Airport (Long Thanh Airport).

Perspective of the route connecting Long Thanh airport

This is an important project, especially the T1 road, because besides serving transportation connections for Long Thanh Airport when put into operation, it also plays a role as a service road during the construction process.

According to the design, the T1 road has a length of 4.3 km, connecting National Highway 51 to Long Thanh Airport; The T2 road has a length of 3.5 km, connecting Ho Chi Minh City – Long Thanh – Dau Giay Expressway and running parallel to Bien Hoa – Vung Tau Expressway (which started construction on June 18th).

The construction contractor is a consortium of 6 companies, with Deo Ca Group playing a leading role. The construction time is 885 days, with a total project value of over 2,630 billion Vietnamese dong.

The project is expected to be completed in 885 days

At the groundbreaking ceremony, the consortium of contractors hoped that Dong Nai province would pay attention and promptly hand over the land to serve the project, especially in the areas of critical progress such as large bridges and intersections. At the same time, they requested favorable conditions and support for contractors to access material sources, especially earth materials.

Long Thanh Airport is a project invested by ACV, with a scale of 5,000 hectares, which started construction in early 2021. Phase 1 will include the construction of a runway and a passenger terminal, along with supporting items, with a capacity of 25 million passengers per year and 1.2 million tons of cargo per year. The project is expected to be put into operation in 2025. When completed, Long Thanh Airport will have 4 runways, 4 passenger terminals, along with supporting items, with a capacity of 100 million passengers per year and 5 million tons of cargo per year.

The important item, the passenger terminal of Long Thanh Airport, is scheduled to start construction in August 2023.

@Thanhnien.vn

Extending the pilot of submersible service in Nha Trang Bay until the end of July 2024

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This is the content discussed by Deputy Prime Minister Tran Hong Ha in official letter 635 issued on July 12 regarding the extension of the pilot operation of diving services in Nha Trang Bay.

According to the letter, the diving service activities in Nha Trang Bay were approved by the Prime Minister for pilot implementation in official letter 1505 dated October 30, 2020.

Specifically, according to the report from the Ministry of Transport, the force majeure factor of the Covid-19 pandemic has affected the diving service activities. To have more time to evaluate the practical operation of this service and improve the relevant legal regulations, the Government has agreed to extend the pilot period of diving service operations based on the recommendations of the Ministry of Transport and the opinions of the Ministry of Defense, the Ministry of Culture, Sports and Tourism, the Ministry of Justice, the Ministry of Natural Resources and Environment, and the People’s Committee of Khanh Hoa province until the end of July 2024.

Nha Trang Bay is one of the most beautiful bays in the world

The Government has assigned the Ministry of Transport to lead and coordinate with the Ministry of Defense, the People’s Committee of Khanh Hoa province, and relevant agencies to organize the management of diving service activities in Nha Trang Bay, ensuring compliance with the current regulations on security, defense, and related legal provisions. During the pilot period, the Government requires responsible agencies to regularly monitor, inspect the operation of vehicles, and other support activities to ensure absolute safety.

Vinpearl Joint Stock Company and related agencies and units are required to have safety plans, accident prevention and rescue measures, and to be responsible in accordance with legal regulations.

At the same time, the Ministry of Transport is responsible for leading and coordinating with relevant ministries and agencies to promptly summarize the pilot operation of diving services in Nha Trang Bay, conduct review and research for the issuance, within its jurisdiction or for submission to competent authorities, of complete legal regulations regarding diving service activities, to be completed by July 2024.

@Thanhnien.vn

Côn Đảo temporarily suspends sightseeing activities at relics

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To be more specific:

  • From 7 a.m. on July 17 to 7 a.m. on July 20, sightseeing and visiting activities at Hang Duong Cemetery, Phu Hai Camp, and Con Dao Temple will be temporarily suspended.
  • From 7:00 a.m. to 11:30 a.m. on July 17, sightseeing and visiting activities at Hang Keo Cemetery, Phu Tuong camp, French tiger cage, Pier 914, Ben Dam prison escape stele, and Ma Thien Lanh Bridge will be temporarily suspended.
  • Con Dao Museum, in particular, will be temporarily closed on July 19 from 7 a.m. to 5 p.m.

After the aforesaid time, the relic sites will be available to the public and tourists.

@vtv.vn

Hanoi: Outbreaks of dengue fever

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Nearly 900 cases were reported in Hanoi alone, with 48 outbreaks primarily in suburban regions such as Thach That, Thuong Tin, and Phu Xuyen. It is worth noting that the number of cases in the hotspot area – the site where the highest epidemic has been recorded in Hanoi today is Phung Xa commune, Thach That district – is constantly rising, and the sickness shows no indications of abating.

Despite repeated warnings, some people remain unconcerned about the outbreak. Many water containers are still open, and many moist and stagnant spots in the community provide ideal circumstances for the development of larvae. Over 150 cases of dengue fever have been reported in Phung Xa commune in the previous two months, with 10 ongoing outbreaks. This commune is responsible for more than 90% of dengue fever cases in Thach That district.

With the current irregular weather, a large-scale outbreak is unavoidable if the situation is not effectively handled. Therefore, everyone in the household must be on the lookout for dengue fever.

According to the Hanoi Center for Disease Control, the insect indicators are too high to surpass the risk level based on the results of monitoring testing at the outbreaks. The number of dengue fever cases is expected to rise further in the future, with additional outbreaks appearing, particularly in previous outbreak locations, communes, and wards with intricate epidemic trends.

@vtv.vn

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