Pepper prices will struggle to recover this year: Agriculture Ministry

 The Department of Farm Produce Processing and Market Development (DFPPM), under the Ministry of Agriculture and Rural Development (MARD) has forecast that pepper prices will struggle to recover in July and the rest of the year.

US-China trade war to hurt or benefit VN agriculture?

 The ongoing US-China trade war will greatly impact the structure of the world economy in the future, causing damage but also generating indirect opportunities for countries where the economy relies heavily on agricultural production like Viet Nam.

For Vietnamese, zero tariff fails to translate into cheaper cars

Last month, Toyota Việt Nam unveiled the recommended retail prices for its first shipment of cars imported from Indonesia at zero tax, and most of them are higher than before the policy of zero tariffs took effect.

Electronics retailer owes $6.42m in fines, back taxes over past decade

 HCM City-based electronics retailer Nguyen Kim has been asked to pay US$6.42 millionin fines and tax arrears after it was found to have been improperly manipulating the amount of personal income tax its employees had to pay over the past 10 years.

More ports adopt NSW system

 Four more provinces have adopted the National Single Window (NSW) for clearance of import-export goods at all their ports in compliance with a decision issued in 2016 by the Prime Minister to expand the mechanism to all ports in the country.

Gov’t plan to reduce number of polluting enterprises

 Prime Minister Nguyen Xuan Phuc has recently approved a VNĐ535 billion (US$23 million) programme to wipe out utility enterprises seriously polluting the environment by 2020.

Upscale hotel sector sees all-round growth in 2017

The average room tariff at upscale hotels increased by 2.8 per cent last year to US$91.8, according to the 2018 Vietnam Hotel Survey released on July 10 by Grant Thornton. 

Upcoming Events in Hanoi & HCMC

The Space Insomnis – A Concept Party at Arcan, French comic books on show, The Nocturne classical music concert at Salon Saigon, Thảo Điền Flea Market at Saigon Outcast, International artists to perform contemporary sound art

Social News 13/7

U.S. Volleyball Players Launch Youth Sports Diplomacy Program in Vietnam, Bình Thuận ready to prevent oil spills, Fiery crash on belt-ring road kills bus passenger, South faces electricity shortages, Company fined $1,100 for food safety violations

Network operators rush to slash 3G, 4G fees

VietNamNet Bridge - Mobile network operators, one after another, have increased the capacity of data packages by five to six times, while keeping the service fee unchanged.

Startups need venture capital

VietNamNet Bridge - Lacking venture funds and strong service bases, Vietnam is still far from reaching its goal of having 5,000 technology startups by 2020.

BUSINESS IN BRIEF 13/7

Vietcombank named Vietnam’s best bank in 2018 by FinanceAsia, Kien Giang calls for investment in three urgent projects, HCM City meets Korean firms to tackle customs bottleneck

The concern of the billionaires’ ‘vehicle dismantling’ village in Bac Giang

In exchange for wealth, the billionaires in the ‘vehicle dismantling’ village in Bac Giang have to live in serious pollution and the fear that fire and explosion may occur at anytime.

Floor mark scheme for university no longer valid, student quality questioned

VietNamNet Bridge - Education experts have warned that university enrollment will be ‘in tumult’ this year as the floor mark scheme has been removed.

1,000 expired coaches burden VNR

 VietNamNet Bridge – Việt Nam Railways (VNR) is attempting to replace more than 1,000 train locomotives and coaches, but experts say the money would be better spent elsewhere.

Quang Ngai authorities hold dialogue with residents over pollution

Talks were held between authorities of central Quang Ngai Province and local residents to address pollution caused at a local dumping site this morning after residents blocked garbage trucks from entering the site for days.

Binh Dan Hospital’s doctors remove 4-kilo abdominal tumour

Doctors at Binh Dan Hospital in HCM City performed surgery to remove a 4-kilo tumour in the abdomen of a 64-year-old woman late last month, the hospital said in a press release on Monday, July 9.

International artists takes performance tour in Vietnam

 VietNamNet Bridge – A concert tour by international artists working in contemporary sound art and performance will kick off on July 13 in Luong Son District in the northern province of Hoa Binh.

VN second home to Korean Prof

 VietNamNet Bridge – After more than 40 years studying Vietnamese, Professor Ahn Kyong Hwan’s biggest joy is introducing Vietnamese history and culture to South Korean people.

Hanoi Buffaloes beat Thang Long Warriors at VBA

 VietNamNet Bridge – The Hanoi Buffaloes defeated defending champions Thang Long Warriors 75-69 in the Viet Nam Basketball Association (VBA) League on July 10.

Da Nang’s beaches safe for swimmers: authorities

 VietNamNet Bridge – Recent test results showed that seawater at Da Nang City’s beaches is still safe, Le Quang Nam, director of the city’s Department of Natural Resources and Environment said on Wednesday, 

Doctors take air samples after nearly 100 workers hospitalised in Quang Ninh

The Department of Health in northern coastal Quang Ninh Province has invited doctors from Hanoi’s Bach Mai Hospital to take air samples for tests to find out why nearly 100 workers lost consciousness during work hours last month.

Gov’t Inspectorate proposes new contract for HCM City waste treatment complex

The Government Inspectorate of Viet Nam has recommended that a contract between HCM City and Viet Nam Waste Solutions Inc for receipt and treatment of solid waste at the city’s Da Phuoc Solid Waste Treatment Complex...

Hanoi's hospital sued for giving wrong babies to parents

 A man in Hanoi is suing a local hospital for giving them the wrong baby six years ago, while the other parent refused to exchange the boys.

Young artist takes audiences to ’Wonderland’

 VietNamNet Bridge – Visitors will have the chance to experience paintings by Dang Viet Linh at an exhibition at the Photography and Fine Art Exhibition Centre from July 13.