Vietnam’s foreign debts rise rapidly on USD appreciation

VietNamNet Bridge - The nation’s foreign debts had reached VND2,451,978 billion as shown in the government’s report to the National Assembly on using loans and managing public debts as of the end of December 2017.

Vietnamese-Romanian doctoral student member of jury for int’l math competition

 Born in 1995, Tran Bach Hai is now a doctoral student at the University of Chicago. The young man born into a Vietnamese family was a member of the jury at the 2018 International Mathematics Olympiad (IMO) held in Romania.

Scientist warns of safety risks at reservoirs and dams in Vietnam

VietNamNet Bridge - Two hydropower dam collapse accidents occurred in Laos with the last two years. 

Precious trees recognised as heritage

 The Vietnam Association for Conservation of Nature and Environment (VACNE) has recognised a group of 400 Po Mu (Fokienia hodginsii) trees in the forest of mountainous Tay Giang district in Quang Nam province as Heritage Trees.

Queer film week spotlights sexuality diversity

 Hanoi International Queer Film Week 2018 (HIQFW), a series of film screenings and discussions projecting voices from the LGBTQ community, is taking place in Hanoi on August 12-17. 

Sharp rise in fuel prices prompts airlines to request fare hike

 Many Vietnamese airlines have sought permission for fare hike on the ground that the world prices of fuel, which accounts for a big proportion of airlines’ operating expenses, are rising.

7,000 runners compete in 6th Manulife Da Nang Int’l Marathon

Over 7,000 runners from 52 countries competed at the sixth Manulife Da Nang International Marathon in the central city on August 12.

Smart real estate to be future market trend: experts

 The Prime Minister’s approval of a proposal on Vietnam’s smart city development to 2025 with a vision to 2030 will strongly affect the market and form a smart property trend, held experts at a conference in Ho Chi Minh City on August 11.

Events in Hanoi & HCMC on August 13-19

A selection of noteworthy artistic and cultural events that will take place in Hanoi and Ho Chi Minh City this week.

Viettel Global appoints new CEO

 Viettel Military Industry and Telecoms Group has appointed Do Manh Hung as general director of Viettel Global – the international investment arm of Viettel.

Charity tourism - Journeys of love

 Travelling is not only a chance to enjoy beautiful landscapes and luxury hotels, but can be an opportunity to experience a meaningful journey by helping others. The rising trend affords travellers a way to give back in the destinations they visit.

Doors to export markets narrow for steel manufacturers

It has become more difficult to export steel products to large markets amid the strong rise of protectionism. Steel manufacturers have been advised to protect and exploit the domestic market, which is full of potential.

Tour of Ngoc Son temple

 Ngoc Son temple is perched on Jade islet in Hoan Kiem lake.

Where is foreign capital going?

VietNamNet Bridge - Vietnam’s stock market is feeling pressure as foreign investors are selling more than buying.

Hanoi strives to revive rivers and lakes

Along with the expansion of administrative boundaries, the fast speed of urbanization has put pressure on the river and lake systems in Hanoi, prompting the city's authorities to revive its rivers and lakes to ensure environmental harmony.

“Hanoi needs a museum of collective houses”

 "Almost all ancient houses that contain sediments of many generations have gradually disappeared from Hanoians’ minds," lamented painter Nguyen The Son at the recent exhibition "Hanoi Architects and the city".

Vietnam’s top 5 adventure travel experiences

 Bored of beach holidays and bike rides? Launch yourself into one of the top 5 adventure travel activities in Vietnam.

BUSINESS NEWS IN BRIEF 12/8

Printing and packaging exhibition to be held in HCM City, Japan becomes top investor in Vietnam, Dien Quang Lamp partners with US Qualcomm, Diesel up, gasoline unchanged in new price adjustment     

Hanoi diversifies measures to tackle pollution in craft villages

 Over the last couple of years, Hanoi has made much effort to ease the pollution at its craft villages through incentives of capital, land and technologies.

Da Nang warned of ‘battle for talent’

Opening the door and allowing talented individuals to move from state agencies to the private sector will lead to a ‘brain drain’ and trigger a ‘battle for talent’, experts have warned.

Vietnam-US ties see remarkable progress in all fields: Ambassador

 The Vietnam-US Comprehensive Partnership has seen remarkable progress over the past few years with important achievements obtained in all areas, but huge potential remains unleashed for the cooperation between the two countries.

Vietnam’s growth potential is strong: Moody’s

 Moody’s Investor Services projected Vietnam’s annual GDP growth to stay at around 6.4 percent during the 2018-2022 period in its latest report issued on August 10.

Opportunities for online, digital advertising: experts

 Vietnam’s rising usage of mobile devices and the internet have led to great opportunities for digital and online advertising, experts said at a conference on advertising on August 10 in Ho Chi Minh City.

Travel firms complain about higher excursion fees

Admission tickets to scenic spots and tourist attractions have become more expensive, while the quality of service has not increased. 

Supplement food market uncontrolled in VN, prices vary wildly

VietNamNet Bridge - The functional food market is being flooded with counterfeit and low-quality products with exaggerated advertisements about their use.