About 35kg of heroin detected in imported scrap container at southern port

 Authorised offices in the southern province of Ba Ria-Vung Tau on July 24 uncovered 100 cakes of heroin (about 35kg), hidden in a container of imported scrap.

Autistic kids find passion and growth in circus arts

 VietNamNet Bridge – Autism doesn’t just affect individuals. It is a condition that burdens entire families. It takes over whole lives of everyone close to those individuals suffering.

More opportunities for poultry export to Japan

 Japanese consumers’ demand for Vietnamese processed chicken will open up more opportunities for Vietnam’s animal husbandry sector, according to experts. 

Vietnamese firm hires helicopter to evacuate stranded workers in Laos

 Vietnam’s Hoang Anh Gia Lai JSC has hired a helicopter to bring its 26 workers out of the flooded area after the collapse of the Xepian-Xe Nam Noy hydropower dam in the Lao province of Attapeu. 

First nude photo exhibition opens in Hanoi

 On display at the exhibition are 52 photos by 10 Vietnamese photographers.

Vietnamese artists wing up Japanese origami art

“Wings” is depicting how Vietnamese artists have awaken their creativity to origami, the Japanese art of paper folding, which was introduced into Vietnam in the mid 1960s.

Through the central trove of heritage treasures

 In the central region of Vietnam, a land of great heritage, visitors will feel as if they are travelling back in time to the glorious days of ancient dynasties, where unique natural wonders create scenes unlike anywhere else in the world.

BUSINESS NEWS IN BRIEF 25/7

 Banks required to control lending, Developers look to foreign investors, Public Bank Viet Nam to expand, Jetstar Pacific adopts QR code payment for online bookings, Regulations needed to improve monitoring of SOEs          

Investment rate in VN hotel sector increases

HCMC is leading the country in the number of foreign travelers, amounting to 50 percent of the total to Vietnam. However, it lags behind other localities in the development of hotels. 

Vietnamese enterprises use AI in manufacturing, farming

One consultant predicts that 70 percent of manufacturers would apply digital transformation by 2020, and that the application would help enterprises increase their turnover by 30 percent.

Should students be taught how to manage their money?

Sociologists and psychologists all agree that it is necessary to teach personal finance management skills at school.

Japan shifts realty investor approach

Japanese real estate investors are moving towards an increasing presence in a range of large-scale projects in Vietnam.

H’mong youth club acts to preserve and promote their indigenous culture

 In the three years since it began operations, Action for Hmong Development, a group of H’mong ethnic young people, has significantly contributed to preserving and promoting the indigenous culture of their tribe.

Customs agencies tighten scrap imports as paper, steel manufacturers complain

The General Department of Customs (GDC), in an effort to tighten control over scrap imports, has decided that paper and steel scrap importers must have import samples examined prior to customs clearance.

Chinese steel finds Vietnam a safe heaven amid trade war

Chinese steel producers are planning to distribute their production capacity to other countries.

Experts fret over Chinese capital inflows into Vietnam

Chinese companies may pour large investments into Vietnam so that their products can bear made-in-Vietnam labels. 

Airfare caps to increase next year

 Airfare ceilings will be raised next year due to an increase in jet fuel prices and other costs related to foreign exchange rates, according to the Civil Aviation Administration of Vietnam (CAAV).

Unregulated P2P lending involves multiple risks: report

 Peer-to-peer (P2P) lending helps strengthen comprehensive financing, but Vietnam does not have a legal corridor for this debt financing method, and both borrowers and lenders are not protected by law.

‘Rich kids’ trend detected in HCM City

 The sudden appearance of the ‘Rich kids’ fashion, taking after the name of a popular social network for children of rich families, has created much concern among parents and the community in Ho Chi Minh City.

Experts say housing crisis impossible

 It is impossible that housing crisis to arise in Vietnam, said experts at seminar “ Crisis period and real estate investment” organized by Thanh Nien newspaper on July 18.

Domestic transit air terminal in HCM City to be set up

The Ministry of Transport will study to set up a transshipment terminal in the inner city of HCM City, aiming to save costs for passengers and reduce the congestion of the gateway international airport Tan Son Nhat International Airport.

Software to register civil status launched in 28 provinces & cities

 Deputy Minister of Justice Phan Chi Hieu shared that his ministry has already launched the software to register the civil status in 28 provinces and cities nationwide. 

Transport Ministry requests to install camera for supervising overloaded vehicles

 Vietnamese Ministry of Transport  (MoT) has ordered localities to install cameras to supervise overloaded vehicles in wholesale markets.

Japanese Coast Guard ship pays official visit to Da Nang

 On July 24th, KOJIMA training ship of Japan Coast Guard Academy arrived at Tien Sa port, starting the official friendship visit to Da Nang city.

Savills Vietnam says FDI increases remarkably in first half of 2018

 A good macro-economy has supported domestic growth and foreign direct investment (FDI) continues strongly. It has been a very healthy start to 2018 with solid performance across all asset classes.