BUSINESS IN BRIEF 2/7

Digitalisation could be boon for region, 3,000 cases of smuggling, fake goods in HCM City in 2018, Korean firms flock to job fair as need for workers soars, VAT plan would hit household welfare     

Severe heat wave continues in northern, central Vietnam

 The hot spell in the northern and central regions over the past days will continue until the weekend, according to the National Centre for Hydro-Meteorological Forecasting.

Vietnam wins three golds at 3rd Vinh Long In’tl Table Tennis

Vietnam tops the 3rd Vinh Long International Table Tennis, which wrapped up on July 1 in the southern province of Vinh Long, with three gold medals in the events of men’s doubles, women’s doubles and men’s singles.

Will Gompertz reviews Michael Jackson: On The Wall at London's National Portrait Gallery

 The first image you see when you walk into the exhibition at the National Portrait Gallery is the last portrait Michael Jackson commissioned of himself before he died in 2009.

PM: growth needed to address employment, reduce public debt

Growth is an inclusive target of Vietnam, which will assist the country in addressing employment, increasing budget collection and reducing public debt, Prime Minister Nguyen Xuan Phuc stressed.

Billions of USD flowing to Vietnam from Asia

VietNamNet Bridge - Vietnam has been receiving big investments from Japan, Singapore and South Korea, and new capital from China. 

Thai cave: Divers advance in effort to save trapped boys

 Divers searching for a group trapped in a flooded Thai cave for more than a week are nearing the area it is thought they could be stranded.

HCM City sea dyke aims to stop waterlogging

 VietNamNet Bridge – The Ministry of Agriculture and Rural Development is seeking approval from the Government to build a Vung Tau – Go Cong sea dyke in an effort to combat waterlogging in HCM City.

Illegal mineral exploitation rampant in Phu Tho Province

 VietNamNet Bridge – Illegal exploitation of minerals continues in some districts in the northern mountainous province of Phu Tho, including Doan Hung, Thanh Thuy, Thanh Son and Phu Tho Town.

TV game show revives traditional music

Residents in the Cuu Long (Mekong) River Delta region are encouraged to compete in the Tai Tu Miet Vuon (Traditional music), a TV game show  produced by the Dong Thap Radio and Television Station.

HCM City gets technology training centre

 VietNamNet Bridge – The Saigon Hi-Tech Park in HCM City has set up the Viet Nam-Japan Training and Technology Transfer Centre with assistance from Japanese human resource training companies.

Vietnamese natural makeup brands prosper in home market

VietNamNet Bridge - After many years of using only French makeup, My Ha, 40, from Phu Nhuan district in HCM City has begun using natural products made by Vietnamese enterprises. 

Communal house needs master plan of conservation: culture deputy minister

 VietNamNet Bridge – A communal house on the western outskirts of Hanoi is in serious need for preservation to protect its history and architecture, 

HCM City raises environmental protection, parking fees

 VietNamNet Bridge – volume of industrial waste water in HCM City, while higher parking fees on city centre streets will curb traffic congestion, 

Kien Giang cracks down on violators of land-use regulations

The Mekong Delta province of Kien Giang’s People’s Committee has instructed inspection teams to impose severe fines on violators of laws on construction, land subdivision, and illegal deforestation.

Hue holds event honoring lotus flower

 VietNamNet Bridge – Over the weekend, the city of Hue held an event celebrating the lotus flower as part of its festive days.

Japan to recruit labourers in central Vietnam

The ASEAN Car Business Career Company of Japan plans to recruit more than 220 automobile engineering students from Da Nang-based Dong A College to work in the Japanese car industry later this year.

Quang Binh seeks $4b from investors

 The central province of Quang Binh hopes to grant investment licences and sign commitments to implement projects with a total investment capital of up to US$4 billion during an upcoming investment promotion conference.

Central Highlands’ pepper growers in debt as prices fall

 Pepper growers in the Central Highlands province of Gia Lai are facing debt as the price of black pepper has plunged in recent years.

Stocks seen staying negative on investor fears

 The recent volatility of global stocks and the outflow of foreign capital have dampened investors’ confidence in Vietnamese shares in the past few weeks and the troubles are forecast to last into the near future.

Japanese investors pour $4.2 billion into Dong Nai province

 As of June 2018, Japanese businesses invested in nearly 240 projects with total registered capital of over 4.2 billion USD in Dong Nai, ranking third among more than 40 countries and territories pouring investment in the southern locality.

Waste threatening the Cu Lao Cham Natural Reserve

 The increasing number of visitors coming to Cu Lao Cham Natural Reserve, Quang Nam province, is leaving a toll on the surrounding environment. 

Vietnam U19 draws with Thailand U19 in AFF tournament

 Vietnam’s U19 team struggled to draw with their rival, defending champion U19 Thailand, in the ASEAN Football Federation (AFF) U19 Championship which took placed in Indonesia on July 1.

Craft beer - a unique twist for taste buds

A night out drinking in Vietnam used to mean sipping bia hơi on the sidewalk, a local draft beer. However, a challenge has been thrown down in recent times by craft beer, which is luring a rising number of customers.

Visitors laud Vietnam's visa exemption extension

 Vietnam 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.