The bigger the real estate company, the larger the debts

 There are 58 real estate companies listed on the stock exchange that have a total debt of nearly VND332 trillion ($14.6 billion).

Vietnamese economists concerned over bond issuance plan

VietNamNet Bridge - Issuing international bonds means borrowing foreign capital at high interest rates. If capital cannot be used effectively, this will increase the public debt burden.

Tam Dao - a small town in the clouds

Tam Dao Resort is located in Tam Dao town in the district of the same name in Vinh Phuc province, about 70km from Hanoi.

Vietnam promotes bird’s nest farms

 VietNamNet Bridge – Vietnam’s swift breeding industry has the potential to compete with regional producers if it meets quality standards, 

Fulbright University Vietnam Board of Trustees has new chair

 VietNamNet Bridge - Dr. H. Kim Bottomly, a distinguished immunobiologist and prominent scientist,  has been elected as the new chair of the Fulbright University Vietnam Board of Trustees. 

Firms propose developing US$4.2-billion smart town project

 The Hanoi People’s Committee has sent a document to the Ministry of Construction and relevant ministries asking for evaluation of a smart town project having an investment of over US$4 billion.

Danang beach pollution needs coping solutions

 Danang should adopt solutions to deal with pollution at beaches, which is caused by trash and untreated wastewater.

HCM City takes heed to expand infrastructure in Eastern gateway

 Ho Chi Minh City authorities are adopting measures in a bid to complete the traffic infrastructure especially in the eastern gateway.

Education Ministry warns of high percentage of students with mental health problems

VietNamNet Bridge - Educators and adults have finally begun paying more attention to school counseling needs after reports of a number of suicides of students. 

Vietnamese-American martial arts star returns home for film

 Vietnamese-American martial arts star Cung Le arrived in HCM City on Tuesday to play a role in the feature film The Target, a Hollywood production. 

Caged childhood

Living in the congested city of Hanoi and under huge pressure to perform academically, kids in the capital city almost have no space or time to play. Whatever happened to being young and carefree?

Disabled man never stops dreaming and reaching

 Running a business is never an easy task for anyone, not to mention those with disabilities. Yet, there are still disabled people who overcome difficulties to pursue their start-up dream.

Recognised global geopark title to become a driver for Cao Bang tourism: expert

The Non Nuoc Cao Bang Geopark in the northern province of Cao Bang has been declared as a new member of the UNESCO Global Network of National Geoparks.

BUSINESS IN BRIEF 5/5

Inundating losses may force Ha Bac Fertiliser out of business, Petrol firms suggest increasing E5-RON 95 price difference, Ministry postpones CR stamp rule to next January, Textile-garment firms vague about new regulation

Medical claims on the rise, says VSI

 VietNamNet Bridge – The number of in-patients with public medical insurance has unusually increased in the first four months, 

New race in beverage market starts

VietNamNet Bridge - The Vietnamese beverage market remains very attractive to investors, with growth potential three times higher than the average growth rate in Asia.

Camera, sensor, and IoT devices in Vietnam vulnerable to cyber attacks

 Newly released statistics from Kaspersky show that in 2017 there were around 3 cyber-attacks per second globally. Vietnam is classified as being highly exposed to hacking risks.

HCM City uses high-tech to treat hazardous waste

HCM City is now treating hazardous medical and industrial waste by high-tech methods at two plants, but by 2020 the city will need additional plant capacity as well as more private investment when public funding runs out.  

Le Thi To Hai – A naturopathy and human energy expert

 Having spent more than 16 years studying yoga and meditation, Le Thi To Hai, founder of Golden Hearts Meditation & Yoga, is among the first people who have laid the foundation for naturopathy applying meditation and yoga in Vietnam.

Business and investment environment increasingly dynamic

 VET sought the views of chambers of commerce in Vietnam regarding its business and investment environment.

Nine golden land plots at Thu Thiem New Urban Area aim foreign investment

The HCM City eople’s Committee will auction nine land plots located at the functional area I of Thu Thiem New Urban Area, to lure more foreign investment to the already bustling real estate scene in the city. 

Visa exemptions for Western European countries extended to 2021

 Viet Nam will extend visa exemptions for citizens from the UK, France, Germany, Spain and Italy for the next three years, starting from the beginning of July.

Government News In Brief 4/5

HCM City pledges optimal conditions for Peruvian investors, Vietnamese Ambassador to UK presents credentials, Vice President meets Vinh Long voters ahead fifth NA session, Poverty rate remains high among ethnic minorities

Social News In Brief 4/5

Tragic traffic accident kills 1, injures 9 in Lam Dong, President presents orders to HCM City’s firefighters, US$3.4 mil invested to build the HCM City's Preventive Medicine Center

Vietnam Steel Association seeks action against U.S. over steel tariff

 The Vietnam Steel Association has sent a petition to relevant authorities to take action, including complaints to the WTO and counter-tariffs against U.S. products, to safeguard local enterprises from the U.S. steel tariff.