Dozens of houses by Da River evacuated due to erosion

 Dozens of houses by Da River have been evacuated due to erosion after some other fell into the river.

HCM City Spiderman fined

 A popular internet clip has shown a man being detained and later fined for wearing a Spiderman costume on HCM City’s Nguyen Hue pedestrian street.

Vietnamese brands attracting more Japanese investors

Japanese enterprises are entering the Vietnamese market gradually by buying into Vietnamese enterprises and cementing their positions in business fields with stable growth.

Local car production on the rise

 The automobile market is expected to change dramatically from now to the end of this year as the production of cars in Viet Nam starts to recover.

Securities firms post 54% growth in first-half revenue

 Good first-quarter performances have helped the 21 biggest securities companies post higher half-year earnings in 2018 despite the decline of the stock market in the past quarter.

VN Central bank may sell $4-10b to stabilise forex market: HSC

 The State Bank of Vietnam (SBV) could sell from US$4-10 billion to commercial banks this year to stabilise the foreign exchange market if necessary, HCM City Securities Corporation (HSC) forecast.

Ministry to further investigate Con Cung

 The Ministry of Industry and Commerce’s Market Surveillance Agency plans to further investigate Con Cung company’s compliance with regulations on clear origin, product quality, origin stamps, consumer protection, and commercial activities.

Fake goods rampant in HCM City

 VietNamNet Bridge – Fake and imitation goods are openly sold in many places in HCM City, with their sellers making huge profits.

Installment payment vaccine packages launched

 VietNamNet Bridge – High-quality vaccines are available to people on low income with a zero percent interest rate on installment payments.

Apple boosted by selling more expensive iPhones

 Apple sold fewer iPhones than expected in its most recent quarter but higher selling prices meant the tech giant still beat Wall Street forecasts.

Vietnam strengthens protection of rare sea turtles

 Rare Vietnamese marine turtles are critically threatened due to illegal hunting, despite the animals having the highest level of legal protection.

More than 400 athletes to compete in Vietnam Open Badminton Champs

 More than 400 professional players from 26 nations and territories will compete in the Yonex – Sunrise Vietnam Open 2018 Badminton Championships in Ho Chi Minh City from August 7-12.

Viettel Group has new General Director

 Major General Le Dang Dung, Deputy General Director of Viettel Military Industry and Telecoms Group, was promoted to Viettel General Director and Standing Chairman on July 31.

Vietnam, Singapore continue to explore new areas of cooperation

Vietnam and Singapore will mark the 45h anniversary of their diplomatic ties on August 1. On this occasion, Singaporean Ambassador to Vietnam Catherine Wong Siow Ping granted an interview to VNA about bilateral ties. 

MA activities expected to reach records in 2018

 Viet Nam has become an attractive destination for many foreign investors largely due to the country’s friendly policies encouraging FDI, its political stability and strong economy.

Dairy producers run race in high-end market segment

Domestic dairy producers are developing their A2 milk cow herds to serve their plan to make A2 milk, starting a new race in the high-end market segment.

Vietnam could lose 5 million jobs to robots by 2020: ILO

 The International Labour Organisation (ILO) made the alarming proclamation in the context of the rise of Industry 4.0 and Vietnam’s lack of human resource quality.

Son La arrests three exam-cheating suspects

 Police in the northern province of Son La on July 31 arrested three people suspected of involvement in the recent high school exam cheating scandal.

Missing Malaysia flight MH370: Aviation chief quits over failings

 Malaysia's civil aviation chief has quit after a report into the missing Malaysia Airlines flight MH370 found failures by air traffic control.

VN among countries with largest reduction in early initation of breastfeeding

Vietnam is among the countries with largest reduction in prevalence of early initation of breastfeeding between 2005 and 2013. The rate of early initiation of breastfeeding in Vietnam decreased from 44 per cent in 2006 to 27 percent in 2013. 

Aeroplane crashes in Durango after take-off in Mexico

 A plane has crashed in the capital of Mexico's Durango state, television images show, with the state governor confirming nobody was killed.

Vietnam records US$3.1 billion trade surplus in seven months

 Vietnam gained a trade surplus of 3.1 billion USD in the first seven months of this year, reported the General Statistics Office (GSO).

National women’s football team to receive training in Japan

 Japanese Ambassador to Vietnam Umeda Kunio held a ceremony in Hanoi on July 30 for Vietnam’s national women’s football team before they head to Japan’s Mimasaka city from August 1-11 to train in preparation for the 2018 Asian Games (ASIAD 2018).

PM: Vietnam considers Argentina an important partner in Latin America

 Prime Minister Nguyen Xuan Phuc has assured Argentine Minister of Foreign Affairs and Worship Jorge Faurie that Vietnam will always consider Argentina an important partner in Latin America. 

Social News 1/8

 Number of Vietnamese students in New Zealand increases, Patients burdened with viral hepatitis, Additional support to assist Lao people over dam incident, Photo contest on Vietnam – Japan friendship launched