BUSINESS NEWS IN BRIEF 3/8

 Pork imports see 50% increase as domestic prices rise, Vietnam’s tourism adapts to Industry 4.0, Mostly small enterprises investing in agriculture, Aviation infrastructure short of needs, JLL reports on real estate M&A in first half

Los Angeles’ mayor expects VN-US direct flight by end of 2019

“If things go smoothly, we can expect a direct flight between Vietnam and Los Angeles by the end of 2019 or early 2020,” Eric Garcetti, Los Angeles’ Mayor, told a local newspaper recently.

Vietnamese IT engineers well qualified, just need more confidence

VietNamNet Bridge - Vietnamese technology engineers are respected in multi-nationals as they have high qualifications and work hard.

Vietnam to work with Czech Republic in addressing visa-related issue

 Vietnam is willing to cooperate with the Czech Republic to address difficulties in granting long-term visas for Vietnamese nationals for the purposes of employment or business in the European country.

Vietnam pursues green strategy in real estate sector

VietNamNet Bridge - The number of construction works granted green building certificates in Vietnam remains modest, but is rapidly rising.

The race is on to hire qualified staff for blockchain-based industries

VietNamNet Bridge - Blockchain technology has become more popular and used in many industries, driving up demand for staff. 

EU firms to bid on public contracts

 Starting early next year, EU investors will be able to tender for several types of public infrastructure projects in Vietnam for the first time under EU-Vietnam Free Trade Agreement commitments.

Vietnam’s online tourism to thrive

 VietNamNet Bridge – Bow Thunyarat, a traveler from Bangkok, Thailand, never expected her trip to Vietnam last January to start so easily.

Dengue fever outbreak stopped by special mosquitoes

 Australian researchers say for the first time an entire city has been protected from viral disease dengue.

Resilience, resignation as Hanoi district remains under water

 VietNamNet Bridge – If it were not for the stench and the muddy colour of the waters, one could imagine it was Venice.

Mekong Delta farmers struggle with floods

 VietNamNet Bridge – Farmers in Cuu Long (Mekong) Delta provinces are struggling to fight floodwaters caused by heavy rains, rising tides and water released in the wake of a dam breach in Laos.

Waste-burning plant stays idle, pollution attacks community

Residents of Vu Hoi Commune in Vu Thu District of northern Thai Binh Province have to pass a large rubbish dump to get to the communal clinic. The pile, as tall as a grown man, is located just 100 metres from the clinic 

Dong Nai pushes airport construction

The People’s Committee of the southern province of Dong Nai has submitted for approval from the PM an evaluation of land reclamation, compensation and resettlement for the Long Thanh International Airport.

Procedures get cut to boost trade

 In an effort to improve the business environment, the Vietnamese government is accelerating the implementation of the National Single Window and the ASEAN Single Window to boost trade within ASEAN.

Gas-to-power projects attract global energy giants

Giant corporations from the US, Switzerland and France are rushing into Vietnam to invest in promising liquefied natural gas-to-power projects.

Investors run away from condotel projects

VietNamNet Bridge - The anticipated oversupply and unclear legal status have prompted many investors to give up investments in condotel projects.

Origin scandal undoes consumer trust in Con Cung

 Con Cung JSC is set to be sued by one of its customers due to alleged evidence of false advertising of their products.

Foreign investors bail on Vinalines sale

The long-awaited race to become a strategic investor in state-run shipping giant Vinalines turned out to be less fierce than expected, with only one South Korean conglomerate registering for the deal.

Seven death sentences proposed for drug smugglers

HCM City People's Procuracy on Wednesday proposed the death sentence for a transnational drug trafficking group which smuggled 37 kilogrammes of heroin and methamphetamines over the border from Cambodia.

More than 1,000 people to clean Quy Nhon beaches

 More than 1,000 people are expected to join a campaign to clean Quy Nhon City beaches in Binh Dinh Province.

Uzbek U23s and Palestine’s Olympic team arrive in Hanoi for int’l tournament

 The Uzbek U23s and Palestine’s Olympic team arrived in Hanoi on August 1 for the Vietnam Football Federation (VFF) U23 International Championship - Vinaphone Cup 2018.

Panoramic views of HCM City from Vietnam’s tallest building

Landmark 81- a super-tall skyscraper in Ho Chi Minh City-provides visitors with majestic views of the city.

Stormy weather likely to hit East Sea in August

 The National Centre for Hydro-Meteorological Forecasting predicts that one or more tropical low pressure systems with storm potential to hit the East Sea and affect the mainland in August.

Fields medal: UK refugee's major maths award stolen

 A Cambridge professor who won one of the most prestigious prizes in mathematics, the Fields Medal, has had his award stolen in Brazil.

Citizens advised to apply drastic preventive measure against dengue fever

 The Health Ministry’s Department of Preventive Medicine on August 1 warned citizens to apply drastic measures to prevent dengue fever spreading, after a person reportedly died of the disease in Ho Chi Minh recently.