SCIC set to sell entire stake in cooking oil giant Vocarimex

The State Capital Investment Corporation (SCIC) will put its entire 36.3 percent stake, or 44.2 million shares, in the Vietnam Vegetable Oils Industry Corporation (Vocarimex) on the Hanoi Stock Exchange on August 15.

 

Vietnam moves to modernise shipping fleet

Vietnam’s sea transport sector has maintained good growth recently with the volume of goods transported by the Vietnamese fleet reaching more than 81 million tonnes in the first half of 2019.

69 teams to compete in Vietnam’s largest terrain car race

The HTV Challenge Cup 2019, the largest terrain car race in Vietnam, is scheduled to take place in Cu Chi district, Ho Chi Minh City, from August 2 to 4 with the participation of 69 teams.

 

Binh Dinh: six fishermen aboard sunken boat rescued

All of the six fishermen on board vessel BD 99999 TS that sunk off Truong Sa (Spratly) archipelago in the early morning of July 30 were rescued later on the same day by another fishing boat.

Vietnamese officials active at 52nd ASEAN Foreign Ministers’ Meeting

Deputy Prime Minister and Foreign Minister Pham Binh Minh joined other ASEAN foreign ministers in the meeting with representatives of ASEAN Intergovernmental Commission on Human Rights (AICHR) in Bangkok on July 30.

US senators oppose China’s actions in East Sea

Ely Ratner, former Deputy National Security Advisor to former Vice President Joe Biden, on July 29 (local time) posted on his Twitter a letter of four US senators opposing China’s actions in the East Sea.

Rice damaged by hydroelectric plant construction

Rice paddy fields in a Central Highlands commune are facing drought after a river's flow was diverted as the result of the construction a hydroelectric plant.

The survival space of the nation is being challenged

Vietnam’s population is expected to reach 140 million people by the end of this century. Where will future generations of Vietnamese live if they cannot occupy Vietnamese territory in the sea?

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Eye on Indian market, Danang promotes wedding tourism

 

Vietnam warned of risks in importing timber from Africa

Wooden furniture exporters face risks in importing timber from Africa as the unclear timber origin will violate VPA/FLEGT (Forest Law Enforcement Governance and Trade Voluntary Partnership Agreement) that Vietnam has signed with the EU.

HCM City innovation hub requires universities to train human resources

HCM City’s plans to set up an innovation hub and become a smart city mean opportunities for universities to train human resources and related challenges.

Calligraphy in Vietnam

Although small in geographical area, Vietnam still has much to be proud of, especially in terms of arts and culture.

Money can't buy you class

The deputy director of a real estate firm in HCM City refused to get out of his car when ordered by traffic police, saying that the vehicle cost VND5 billion (US$215,700), much more than the VND8 million monthly salary of a police officer.

Vietnam takes action to reduce plastic waste

Kristin Hughes, director of the Global Plastic Action Partnership, talks about solutions that are needed in Vietnam, which is a disproportionately high contributor of plastic pollution into the oceans.

Dreaming of clean vegetables

Urban jungles have a lot going for them, but one thing they're missing is space to garden in and grow your own vegetables.

Top ten outstanding M&A deals in Vietnam in 2018-2019

In 2018-2019, Vietnam continued to witness high-value mergers and acquisitions transactions in a variety of sectors, such as food manufacturing, real estate, banking, and retail.

Wind, solar power cannot join national grid

In the two provinces of Ninh Thuan and Binh Thuan, wind and solar power plants are running at moderate level because they cannot provide electricity to the national grid.

Ratings needed to protect Vietnam’s corporate bond investors

Though the corporate bond market really needs to be developed in order to reduce the dependence of the economy on commercial banks, corporate bond issuance must be transparent and secure.

 

Landslide kills two, injures three in Ha Giang

Two people were killed and three others were injured in a landslide, triggered by torrential rains between Sunday and Monday, in Hoang Su Phi District, the northern mountainous province of Ha Giang.

Thua Thien-Hue to have botanic garden on Huong River

A 145,000-ha botanical garden will be built on the Huong River, in Huong Vinh commune, Huong Tra town, the central province of Thua Thien-Hue.

 

German charity fund leader receives Honorary Professor title

The University of Da Nang on July 30 held a ceremony to present the title of Honorary Professor to Erich Johann Lejeune, President of the Germany’s Heart for Heart Foundation.

 

Top 3 contestants of Miss World Vietnam’s Top Model segment revealed

Thuy Linh, Thu Hien, and Tuong San have been named as the three outstanding contestants of the Top Model segment of the Miss World Vietnam 2019 pageant which is currently underway in the central city of Danang.

Elite and modern Vietnamese naval force

The Vietnamese navy has been developing fully with five service branches: surface ships-submarines, coastal defence missiles, naval commando, naval aviation and marine corps.

Ministry plans major overhaul of Law on Health Examination and Treatment

The Ministry of Health is set to amend the Law on Health Examination and Treatment, including provisions on issue of certificates for medical practice.

Credit quotas at banks close to running out mid-year

The demand for capital in the national economy usually increases in the second half of year. However, banks have nearly used up the credit quotas granted to them.