European firms optimistic about Vietnam’s business environment

European firms remain optimistic about the business environment in Vietnam, according to EuroCham’s latest Business Climate Index (BCI).

Dozens injured in bus collision

Two passenger buses crashed on a highway in Krong Pak District in the Tay Nguyen Central Highlands of Dak Lak on Monday, sending one plunging into a ditch and many passengers were injured.

$37.7m in economic damages from natural disasters in first half of 2018

 VietNamNet Bridge – Due to natural disasters in the first six months of 2018, seventy-five people have been killed or remain unaccounted for, while 48 others suffered injuries.

Hanoi warns about rise in measles cases

 VietNamNet Bridge – More than 200 cases of measles have been reported in Hanoi since the start of the year compared to just 60 cases that were recorded for the whole of last year, 

Banks to hike service fees this month

After two months postponing the increase in service fees for ATM cash withdrawals as required by the central bank, some commercial banks have now resumed the plan, announcing that a new service fee framework will apply from the middle of this month.

Phuong wins men’s doubles of Dutch Junior Open

 VietNamNet Bridge – Young Vietnamese tennis talent Nguyen Van Phuong won the men’s doubles of the TC Bakkum Dutch Junior Open in the Netherlands yesterday.

Tu helps Hanoi Buffaloes beat Saigon Heat

Le Ngoc Tu’s record-breaking performance led the Hanoi Buffaloes to a 72-65 victory over the Saigon Heat in the Viet Nam Basketball Association (VBA) League on Sunday at CIS Arena in HCM City.

Vietnam top SEA swimming event

 VietNamNet Bridge – Vietnam triumphed at the Southeast Asian (SEA) Age Group Swimming Championships which wrapped up on Sunday in Laguna, the Philippines.

Da Nang hotel market thrives on tourism boom

VietNamNet Bridge - A ‘hotel road’ has taken shape in Da Nang as investors are taking advantage of the strong rise of the local tourism industry.

Vietnamese florist to compete in international floral competition

A floral designer from Liti Florist, Nguyen Thy Nga, has been through the elimination round to represent Vietnam in the professional category of the 11th International FDSS Cup Floral Designing Competition.

Hue remembers those killed in 1885 French massacre

 VietNamNet Bridge – Residents of the former imperial city of Hue will light incense and offer food this week to remember the victims of a French massacre in 1885.

Five surprising things enjoying a World Cup bonanza

 With England's next World Cup match only a matter of hours away, plenty of fans have already bought their inflatable hands, red-and-white bunting and supplies of beer.

Murderer of 5 sentenced to death

 VietNamNet Bridge – The HCM City People’s Court yesterday handed down the death sentence to Nguyen Huu Tinh, 18, after he admitted to murdering five members of a family in Binh Tan District last February.

Japan floods: 126 killed after torrential rain and landslides

 At least 126 people are now known to have died in floods and landslides triggered by torrential rain in western Japan, 

Cave rescue: Divers ready to save remaining five Thais

 Divers are preparing to resume a high-risk rescue operation to free the last five members of a group who became trapped in a vast cave system in northern Thailand last month.

Hand embroidered pictures charm art lovers

 In Vietnam, hand embroidery is a long-standing traditional craft and a unique cultural characteristic of the country.

Investments in industrial, economic zones declines slightly in six months

 The total value of foreign and domestic investments in industrial and economic zones nationwide fell slightly in the first half of 2018.

Vietnamese fans enjoy World Cup with special haircuts

 A barber and many young boys in Hanoi have a unique way to show their admiration toward footballers amid the 2018 World Cup in Russia.

Vietnam may earn over $3 billion thanks to 5G technology

 Vietnam has a chance to earn more than 3 billion USD when using 5G technology, said Denis Brunetti, President of Ericsson Vietnam, Myanmar, Cambodia and Laos.

Bai Rang beach in Da Nang - the harmony of forest and sea

 Located in the southern part of the Son Tra Pensula and 10km away from the centre of Da Nang city, Bai Rang beach resembles a peaceful, fresh and charming oasis in Vietnam’s central region.

New policies boost domestic automobile production

 The use of effective policies in the automobile sector since the beginning of the year has boosted the production and assembling of automobile and better controlled imported vehicles in the first six months of 2018.

Thua Thien-Hue: Phu Bai int’l airport to have new passenger terminal

 The Airports Corporation of Vietnam (ACV) will source about 1.7 trillion VND (74.1 million USD) from its development capital to build the T2 passenger terminal at Phu Bai international airport in the central coastal province of Thua Thien-Hue.

BUSINESS IN BRIEF 10/7

How Vietnamese firms can keep international talent, Central bank lowers dollar rate to keep exchange rate steady, VME returns to Ha Noi in August, Vinamilk’s products present in 43 countries     

Derivatives rise as players look for short-term gains

 The derivatives market has grown strongly over the last three months as investors switch from stocks to derivatives to avoid short-term risks on the stock market.

Vietnam among top five global textile exporters

 Vietnam has made it onto the list of the world’s five biggest textile exporters and producers, with textile and garment export turnover hitting 16 billion USD in the first half of 2018, up more than 14 percent year-on-year.