Heat waves scorch northern, central regions

Sweltering temperatures flirting with 40 degrees Celsius are blistering northern and central regions, and the region is forecast to sizzle until this weekend.

Hanoi to mark 10 years since expansion

 Hanoi will mark 10 years of the expansion of its administrative boundary on August 1 this year.

Minister: Transnational drug rings busted over past six months

The Ministry of Public Security (MPS) launched many campaigns to crack down on crimes in the first half of 2018, thus uncovering a number of transnational drug trafficking rings, MPS Minister Sen. Lt. Gen. To Lam said on July 2.

Thanh Hoa approves excavation of UNESCO-recognised citadel

 Authorities in the central province of Thanh Hoa have approved a plan to excavate an ancient citadel with unique architecture in Southeast Asia.

Roads in flood-hit provinces resume operations

 Many important national highways and provincial roads across several northern provinces have been repaired and are now resuming operations after the localities were seriously hit by flash floods and landslides several days ago.

Cyber Security Law protects citizens’ interest, national security

 The Law on Cyber Security is an important, much needed legal framework for authorised forces to be able to tackle risks and challenges from cyber space in a timely and effective manner.

Hanoi Forum on climate change to be held in November

Vietnam National University, Hanoi and the Korea Foundation for Advanced Studies (KFAS) will co-host the Hanoi Forum 2018, an international academic conference on climate change response and sustainable development.

Manufacturing and processing sector sees impressive growth in H1

 Manufacturing and processing sector grew by 13.02 percent in the first half of 2018, the highest in seven years, contributing 2.63 percentage points to the country’s economic growth.

Indices fall on week’s first trading day

 The benchmark VN-Index fell 13.63 points from the previous trading day to 947.15 points on July 2 when only 62 stocks saw price hikes and 237 others fell.

Former SBV Deputy Governor gets 3 years in jail

Dang Thanh Binh, former Deputy Governor of the State Bank of Vietnam, was sentenced to three years in prison for the charge of lacking responsibility causing serious consequences at the Vietnam Construction Bank.

Experts say Vietnam needs more iodised salt

 Experts have called on the Government of Vietnam to make salt iodisation mandatory once again or at least promote the production and use of iodised salt in food processing and breeding.

Foreign exchange reserves hit $63.5 billion

 The State Bank of Vietnam (SBV)’s net purchase of foreign currencies exceeded 11 billion USD in the first half of 2018, increasing the nation’s foreign exchange reserves to approximately 63.5 billion USD.

Public administrative units must reduce personnel by 2 percent annually

 Minister of Home Affairs Le Vinh Tan suggested the Prime Minister assign administrative units to reduce personnel by 2 percent per year during a teleconference between the Government and localities on July 2. 

Vietnam to host Asia-Pacific Robot Contest 2018

 Deputy Prime Minister Vu Duc Dam has recently made several requests regarding the organisation of the Asia-Pacific Robot Contest 2018 (ABU Robocon 2018), scheduled for August 26 in the northern province of Ninh Binh. 

Greek President backs all-round cooperation with Vietnam

 Greek President Prokopis Pavlopoulos has affirmed his support for enhancing all-round cooperation with Vietnam during his reception for visiting Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh on July 2. 

Vietnam Airlines adjusts flight schedule due to typhoon Prapiroon

 National flag carrier Vietnam Airlines will adjust flights from/to Busan of the Republic of Korea and Fukuoka of Japan on July 3 due to typhoon Prapiroon which is raging in the Korean Peninsula.

Facebook bug unblocked unwanted users

 Facebook has admitted a glitch in its network meant people who had been blocked were temporarily unblocked.

Thai boys 'could be in cave for months'

 The boys trapped in a Thai cave will have to learn to dive or wait months for flooding to recede, the country's army says.

Tam Duong market embraces local mountain culture

 Tam Duong market in in Lai Chau city is a typical mountain market. It’s not just a trading place but also a meeting venue of the Dao, Mong, Thai, Giay, and Lu ethnic minority people.

BUSINESS IN BRIEF 3/7

Domestic firms assisted to boost veggie, fruit exports to China, Hoa Phat Dung Quat Steel JSC improves administration capacity, Vietnam calls on Swiss investors in agriculture, MobiFone to sell its shares in TPBank

Where have cryptocurency investors gone?

As predicted, the bitcoin bubble has burst. Cryptocurrency fever in the fourth quarter of 2017 has bottomed out. At the time, bitcoin was the hottest topic of discussion among office workers to farmers, and from large cities to rural areas.

Drug trafficking kingpins killed in Son La police raid

 Police in the northern province of Son La’s Long Luon Commune have arrested two major drug lords.

Counterfeit degrees churned out via online sellers

VietNamNet Bridge - A fake bachelor’s degree can be obtained in a few days, because the technique of counterfeiting degrees is now very sophisticated. 

Three young men make protective jackets for motorbike drivers

VietNamNet Bridge - A life-jacket for motorbike drivers, the first of its kind in Vietnam, has been invented by three young engineers. 

Scientists seek solutions to landslides in Mekong Delta

Coastal and riverbank landslides are now a hot topic in the Mekong Delta. In May and June, a series of landslide cases occurred in the delta’s provinces, from Ca Mau, Hau Giang and Can Tho to An Giang, Dong Thap and Vinh Long.