VN seafood exporters to US prepare for new rules

With mandatory compliance for shrimp and abalone under the US Seafood Import Monitoring Programme coming into effect in a few more months, Vietnamese processors and exporters of the products need to start preparing data sources now.

HCM City street car parking charges sharply increased

 HCM City’s Department of Transport has increased car parking fees on local roads from today, August 1.

Simplification of business conditions remains limited

The speed of red tape cutbacks for business conditions remains limited in spite of great efforts made by the Government and relevant ministries and sectors, experts said at a conference held by VCCI in Ha Noi on July 31.

The Eye of Istanbul seen through lens of Ara Guler

 An exhibition titled ‘The Eye of Istanbul’ is ongoing with photos taken by Turkish photographer Ara Guler.

VND4.1bn tax arrears bill for man profiting from online business

 Nguyen Nam Binh, vice head of HCM City Department of Taxation, said on August 1 that they had collected $164,000 in tax arrears and fines from a local man that earned VND41bn from Facebook and Google ads.

Vietnam firm wins architecture ’Oscars’

 VietNamNet Bridge – Vietnamese design company H&P Architects has recently been named among the July Winners and Popular Choice Winners of the Architizer A+Awards.

Cat Linh-Ha Dong railway connected to national grid for trial run

The Cat Linh - Ha Dong elevated railway in Hanoi has been connected to the national power grid since the beginning of July for its trial operation this month.

Efforts to save Dong Ho folk painting

 Dong Ho paintings used to be essential decorations in Vietnamese houses during the traditional Lunar New Year festival. However, after 500 years of existence, the making of the painting is now on the brink of oblivion.

Hanoi’s suburb has new face

 After 10 years of administrative boundary adjustment, Hanoi’s suburban districts have witnessed positive changes in socio-economy and infrastructure. 

Government News 2/8

Party leader lauds information-education sector, Labour productivity key to Vietnam - Japan Initiative, Vietnam-Singapore diplomatic ties anniversary marked in HCM City, Swiss National Day celebrated in HCM City

HCM City stocks end four-day rally

 Vietnam’s benchmark VN-Index fell after a four-day rally, dragged down by financial-banking, retail and agricultural stocks.

Vietnam takes lead in PMI rankings

 Vietnam maintained its lead in the ASEAN Manufacturing Purchasing Managers’ Index (PMI) rankings, registering another solid improvement in its goods-producing sector in July, the latest survey from Nikkei’s IHS Markit revealed on August 1.

Vietnam jumps 25 levels in WB’s logistics performance index

 Vietnam’s position in the Logistics Performance Index (LPI) in 2018 rose 25 levels compared to two years ago, jumping to the 39th among 160 surveyed countries, according to the latest report from the World Bank (WB).

Vietnam’s badminton “hot girl” advances to third round of world championships

Nguyen Thuy Linh stormed into the third round of the women’s singles category of the 2018 WBF World Championships in Nanjing, China, following her thrilling second round victory over third-seed Michelle Hi of Canada, on July 31.

Banana flower salad evokes taste of home

 VietNamNet Bridge – Banana flower salad, a popular dish in Vietnam, is known in the north as nom bap chuoi and as goi bap chuoi in the south.

BUSINESS NEWS IN BRIEF 2/8

Ports to handle 200m tonnes of cargo by 2020, Real estate firms with social insurance debts named, Consumption of E5 RON92 bio-fuel up 31.18% in H1, New co-working space opens in HCM City, Vingroup to list 554 million more shares          

Social News 2/8

 Measures sought for e-government, smart urban development, Mekong Delta’s biggest waste treatment plant to close for three months, Vietnamese Cultural Day held in Singapore, Thanh Hoa to receive over 50,000 tonnes of rice to support forest protectors

Private capital to flow into aviation infrastructure projects

Many private investors are willing to pour money into aviation infrastructure, though the business field requires huge capital and a long time to recover capital.

Hanoi floods after every rain; who should be blamed?

VietNamNet Bridge - Half of the natural lakes and ponds in Hanoi have filled up in the last 10 years. 

Scientists identify strong cancer killer in Central Highlands’ forest

An active element in the dinh tung (Cephalotaxaceae) plant has been found to inhibit the development of many kinds of diseases, including lung, liver, epithelium and breast cancer.

Da Nang needs policy to attract, not train, talent

VietNamNet Bridge - Da Nang is reconsidering its decision to continue a program on training talent for the city’s agencies.

Vietnam beat Timor Leste at AFF U16 champs

 Viet Nam defeated Timor Leste 4-0 in the second match of Group A at the ASEAN Football Federation (AFF) U-16 Championship in Indonesia on Tuesday.

Hanoi Buffaloes enter playoffs after beating Danang Dragons

 Hanoi Buffaloes beat Danang Dragons and won a ticket to the playoffs in the 33rd Game of Việt Nam Basketball (VBA)’s League, held on Tuesday at the 5th Military Zone Gymnasium.

Young dancers shine at regional festival

 Young Vietnamese ballet dancers won the silver medal at the 6th Asia Arts Festival (AAF) taking place in Singapore.

Vietnam accounts for 8% of global ransomware attacks

 The Asian region accounted for 44 per cent of global ransomware threats in the first few months of this year, of which Vietnam accounted for 8 per cent, according to Trend Micro, a cyber security solutions company.