HCMC stops condo developments in downtown area until 2020

  New multistorey apartment building projects will not be allowed in districts 1 and 3 of HCMC until 2020, according to the city government’s housing development plan for the 2016-2025 period.

Vietnam needs to promote alternative energy: expert

Dr. Dao Trong Tu, director of the Center for Sustainable Development of Water Resources and Climate Change Adaptation, talks about hydropower dam safety in Vietnam. 

Bkav rolls out high-end SmartHome Security devices

  Internet security firm Bkav on July 30 launched a kit featuring high-end security devices, called Bkav SmartHome Security, to provide multilayered protection for houses, covering walls, gardens, doors and rooms.

Vietnam increasingly reliant on imported energy

 Due to limited domestic supply, Vietnam has become increasingly dependent on energy imports, putting national energy security at risk.

Former Sacombank boss likely to get four to five years in prison

 Tram Be, former vice chairman of Saigon Thuong Tin Commercial Bank (Sacombank), may be sentenced to four to five years in prison on charges of economic mismanagement, reported the local media.

0.8% of GDP needed to ensure full pension coverage in 2030

 Vietnam needs some 0.8% of its gross domestic product to ensure that every person aged 65 and above, including those who do not avail of social insurance, can receive a basic pension in 2030.

Miko Lan Trinh reaches Top 5 at Lady of Brilliancy Int’l talent session

Vietnamese representative Miko Lan Trinh has finished in the Top 5 of talent session at the Lady of Brilliancy International 2018 pageant in Taipei.

New projects give new look for Hanoi 10 years after expansion

10 years since its administrative boundary adjustment, new transport and housing projects have given Hanoi a facelift.

Village hosts children’s festival

 VietNamNet Bridge – Various activities themed around the childhoods of 12 ethnic groups will be organised at the Viet Nam National Village for Ethnic Culture – Tourism in the outskirts of Hanoi throughout August.

Investigation into Binh Dinh’s illegal logging expanded

Vinh Thanh District’s Forest Protection Division in the central province of Binh Dinh on Tuesday started criminal proceedings as part of a case in which nearly 107 cu.m of doi timber was illegally logged 

Seeds progress at VTF Junior Tour 3

 VietNamNet Bridge – Surprises came on the fourth day of the VTF Junior Tour 3 – Vietravel Cup 2018, held on Tuesday at the tennis complex of Nình Binh Gymnasium.

Young people with cancer increasing

 VietNamNet Bridge – Her family history showed no signs of breast cancer, but despite this, a 27-year-old woman living in Hung Yen Northern Province still examined herself at home.

Vietnam to restrict import of scrap

The General Department of Viet Nam Customs will study and submit to the Ministry of Finance a proposal to the Government to restrict imports of scrap materials and move towards a ban on scrap imports to Vietnam.

Vietnam - Japan cultural festival held in Danang

 The Vietnam - Japan Cultural Exchange Festival 2018 with the theme “Vietnam – Japan: 45 Years of Friendship” was held in the central city of Danang from July 26 to 30.

A close look at dam collapse incident in Laos

 The Xe Pian-Xe Nam Noy hydropower dam in Laos burst at 8:00pm on July 23, causing flash floods in 10 low-lying villages and completely isolating Sanamxay district.

Boney M to thrill Vietnamese audience again

 World renowned disco band Boney M is set to enliven Nha Trang city with a live show taking place at Vinpearl Land on August 10.

HCM City asks for regulations on officetels, condotels

 Ho Chi Minh City People’s Committee has sent a document to the Government Office to ask Prime Minister Nguyen Xuan Phuc to issue regulations on officetel, condotel and resort management.

Go-Viet to start services in HCM City

 Ride-hailing brand Go-Viet of Indonesian firm Go-Jek will begin operations in 12 districts in HCM City in early August, providing the ride-hailing service Go-Bike and on-demand delivery service Go-Send.

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.