Chinese Premier Li Keqiang calls for crackdown on vaccine industry

 Authorities in China have ordered an investigation into a vaccination scandal as panic grows over product safety.

Chon Auction House offers the 15th auction session in Hanoi

 The Hanoi-based Chon Auction House is preparing for an auction of paintings by Vetnamese famous artists that will take place in Hanoi on July 29.

FDI strategy to become proactive

Vietnam’s attraction of next generation of foreign direct investment in high value-added sectors should be proactively, rather than retroactively, sourced to sustain the nation’s socioeconomic development and competitiveness.

PM approves of Hanoi’s hosting SEA Games 31 and Para Games 11

 VietNamNet Bridge – Prime Minister Nguyen Xuan Phuc has approved Hanoi’s hosting of the 31st Southeast Asian Games (SEA Games 31) and the 11th ASEAN Para Games (Para Games 11) in 2021.

National youth weightlifting champs flex up in Hai Phong

 VietNamNet Bridge – Nearly 150 athletes are competing at the National Youth Weightlifting Championships in the northern port city of Hai Phong.

Violations found at State-controlled airports corp

 VietNamNet Bridge – Several violations – including issues in capital management and usage, bidding organisation and project implementation – were found at the Airports Corporation of Viet Nam (ACV), 

Traditional German folk music to be played on Hanoi’s pedestrian street

 VietNamNet Bridge – Germany’s Reißner Big-Band will play Bavarian folk music on the pedestrian street in Hanoi on August 11.

Japan-style girl group to debut in Vietnam

 VietNamNet Bridge – Vietnam will get its own mega girl group of 48 members in the J-pop style of the popular AKB48 in Japan.

US Vemani Group buys 20% stake in Vietnamese fintech firm

 Vemanti Group, Inc., a technology-driven holding company, has entered into a definitive agreement to take 20% equity interest in eLoan JSC (eLoan), a Ho Chi Minh City-based fintech company. The deal’s value has yet to be disclosed.

Mumuso faces fine of VND100 million from MoIT

 Mumuso is facing a fine of VND100 million (US$4,440) by the Ministry of Industry and Trade (MoIT) due to the company’s unlawful practice of deliberately misleading consumers as to the origin of its goods or providing insufficient information.

Vietnam remains an M&A magnet

 Despite recent drops in the VN-Index, Vietnam is still seen as a major destination for mergers and acquisitions in Asia.

Hanoi waste treatment complex dispute sees rubbish pile up

Hanoi’s Nguyen Khang Street has faced mounting piles of rubbish as collections have halted for two days following protests over a waste treatment plant.

Northern region forecasted to face more floods

The northern region of Vietnam has been forecasted to see heavy rains which can cause more floods after July 24. 

60 Overseas Vietnamese youths attend summer camp in HCM City

The Ho Chi Minh City summer camp for Overseas Vietnamese (OVs) youths opened on July 23 with the participation of 60 young expats from 10 countries worldwide.

Passenger fined for hitting flight attendant

A passenger has been fined VND15m (USD644) after hitting a Jetstar Pacific flight attendant before the take off of a Vinh-HCM City flight. 

Administrative procedures still burden firms

According to Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), around 1.2 million enterprises have been set up in Vietnam so far. However, only 640,000 of those are operating, with 60% reporting no profits. 

Vietnam gains trade surplus at $2.5b by first half of July

 Viet Nam recorded a high trade surplus in the first half of the year, according to the General Department of Customs.

VN currency suffers from US-China trade war

 The Government will have to decide either to devalue the Vietnamese dong further against the US dollar to support exports and avoid cheaper Chinese goods to flood in the local market.

Motorbike market to heat up in coming years

Viet Nam’s motorcycle market has been rapidly growing in recent years, bucking expectations that it would enter a saturation stage, as consumption shifts from semi-automatic motorbikes to scooters and from widely popular scooters to luxury vehicles.

E-commerce: the major battle is in their warehouses, delivery services

The major battle among e-commerce firms is quietly occurring in their warehouses.

Beautify your life with clay flowers

Mother nature offers people flowers as a gift to make their life more beautiful and fresh. Naturally, flowers bloom and fade over time. 

Special exhibition marks War Invalids and Martyrs’ Day

 Titled “The gratefulness”, the exhibition marks the 71st anniversary of the War Invalids and Martyrs’ Day, on July 27th.

Hike in USD selling price matches market fluctuations: SBV official

 The State Bank of Vietnam’s revision of the USD selling price up to 23,273 VND on July 23, a strong increase from the rate it had kept from the month’s beginning, is a move suitable with domestic and foreign markets.

Cigarette smuggling remains unabated

Cigarette smuggling has caused a loss of thousands of billions of Vietnamese dong each year for the State, according to figures released by the Vietnam Tobacco Association at a symposium held on July 23.

Hanoi Buffaloes beat Saigon Heat to rank second in VBA

 VietNamNet Bridge – Hanoi Buffaloes beat Saigon Heat 77-71 to rank second in the Viet Nam Basketball Association (VBA) League on July 22.