Retirement age set to be increased

 Under the pressure of a rapidly aging population and dwindling social welfare funds, Vietnam is planning to raise the existing retirement ages for both men and women to mitigate the economic impacts of these issues.

Eleven investors interested in My Thuan-Can Tho expressway project

 Eleven investors, including those from the Republic of Korea and China, wish to invest in the My Thuan-Can Tho expressway in the Mekong Delta region.

Traditional retail fighting to keep up with e-commerce boom

 The emergence of e-commerce websites such as Lazada, Tiki, and Shopee has led to online shopping becoming popular among Vietnamese customers over recent years, in particular young customers who prefer buying and selling products on social networks.

Endangered large-antlered muntjac found in Quang Nam

 A camera trap has caught the large-antlered muntjac, one of the rarest and most threatened mammal species of Southeast Asia, for the first time in the central province of Quang Nam.

Water resistant sunscreen claims ‘meaningless’, says Which?

 Water-resistant sunscreen products work much less well after they have been worn in the sea, a consumer group has warned ahead of the summer holiday season.

Investors step into ultra-clear glass production in Vietnam

 Foreign and local firms have expressed ambitions to develop ultra-clear glass projects to meet the increasing demand for high-end glass for construction and solar panels.

Online fashion sales boom in Vietnam

The e-commerce community predicted that 2018 would be the year of fashion products in Vietnam, noting that busy office workers were buying more clothes from online shops.

Uber ends Arizona driverless car programme

 Uber has pulled the plug on its self-driving car operation in Arizona two months after a pedestrian was killed in an accident involving one of its cars.

Deutsche Bank to cut more than 7,000 jobs

 Deutsche Bank has said it will cut more than 7,000 jobs as Germany's biggest lender attempts to return to profit.

Beautiful sunset on Hanoi's West Lake

 West Lake has become the most ideal place in the capital city to see sunset as Hanoi is experiencing a scorching heat wave.

Foreign investors propose US$44 million minimum capital for universities

Foreign investors’ proposal to increase the minimum investment capital of universities to US$43.9 million is expected to create a fair playground for both local and foreign investors in the education sector. But will it really?

US’ DoC levies import tax on Vietnamese steel

 The US Department of Commerce (DoC) has decided to levy import tax on steel produced in Vietnam using Chinese-origin substrate.

Heavy competition behind the allure: Vietnam’s beer market

 The Vietnamese beer market is considered a promised land for both foreign and local brewers due to the massive consumption. However, in reality, it is a playground with strict competition.

World Press Photo Exhibition in Hanoi shortly

The World Press Photo Exhibition will be organized by the Embassy of the Netherlands in cooperation with the Vietnam Journalists’ Association from June 16 to July 6 in Hanoi.

Famous body painter in HCMC accused of sexually assaulting models

 Two nude models have accused a famous body painter and architect in HCM City of attempted sexual assault.

Finance Ministry proposes sugar soft drink tax

 The Sugar and Sugarcane Association has objected to the proposal by the Ministry of Finance to levy a special consumption tax of 10% on sugary soft drinks.

Well-trained staff resign from Danang’s state agencies

 Up to 40 people who are members of the central city of Danang’s a high-quality workforce training project have resigned from municipal state agencies.

Babysitters sought after during summer holiday

 Parents in Hanoi are in a hurry to find babysitters for their children in the coming school summer holiday.

Int’l news channel France 24 expands presence in Vietnam

 VietNamNet Bridge – International news channel France 24 has strengthened its presence in Vietnam, after gaining new distribution agreements with five operators in Vietnam.

Hanoi triumphs at junior championships

 VietNamNet Bridge – Hanoi topped the medal tally of the National Junior Athletics Championship which ended at Vinh Stadium in the central province of Nghe An on May 23.

2018’s summer not harsh, expert says

 VietNamNet Bridge – La Nina will conclude and move to a neutral state from around June, and maintain this status until the end of this year, said meteorologist Le Thanh Hai.

Social News 24/5

After ‘horror trip,’ Aussie offered free tour of Vietnamese destinations, Central island gets face lift thanks to solar power, Mekong sluice project is not necessary, experts say, HCMC hotels introduce southern fruit

Pho Hien set to be new tourism hub

 VietNamNet Bridge – The northern province of Hung Yen is branding itself as the gateway to Hanoi City, in an effort to attract tourists and market its cultural sites and products.

P2P lending feared to trigger black credit

VietNamNet Bridge - Peer to Peer Lending (P2P), under which lenders and borrowers connect via apps, has been developing rapidly in Vietnam.

US$33 million educational scheme withdrawn

VietNamNet Bridge – The Ministry of Education and Training, on Tuesday, scrapped a scheme to renew the national high school examination from 2018 to 2020.