VN central bank focuses on bank cross-ownership

 Cross-ownership in Vietnamese banks will be controlled with stringent new regulations.

Vietnam attends Asia-Pacific Chiefs of Defence Conference in Canada

 A high-ranking delegation of the Vietnam People’s Army (VPA) is attending the 20th Asia-Pacific Chiefs of Defence Conference in Canada from September 4-6. 

RoK Coast Guard vessel visits Da Nang

 The Coast Guard ship Badaro of the Republic of Korea (RoK) docked at Tien Sa port on September 4 for a four-day trip to the central city of Da Nang.

Vietnam to host Vietnam-Laos youth friendship meeting

The Vietnam-Laos Youth Friendship Meeting 2017 will be held from September 5-9 in Vietnam as part of a cooperation agreement between the Ho Chi Minh Communist Youth Union and the Lao People’s Revolutionary Youth Union.

Traffic accidents claim 58 lives during holidays

 Fifty-eight people died and 58 others were injured in traffic accidents nationwide during the three-day holiday.

Egyptian President’s Vietnam visit to open new chapter in bilateral ties

 Egyptian President Abdel Fattah el-Sisi’s official visit to Vietnam from September 6-7 is expected to usher in a new chapter in the bilateral relationship, according to Egypt’s Al Messa daily on September 3.

Venezuelan leader praises late President Ho Chi Minh

 Venezuelan President Nicolas Maduro on September 2 posted a status on his Facebook praising the patriotism and nationalism of late President Ho Chi Minh to commemorate him on the occasion of his 48th death anniversary.

Vietnam's seafood output hits 2.3 million tonnes in eight months

 Vietnam’s total output of caught fish in the first eight months of 2017 reached nearly 2.3 million tonnes, up 3.4 percent year-on-year, according to the Ministry of Agriculture and Rural Development.

More efforts needed to preserve biodiversity on Ly Son Island

 Destructive human activities have put coral reefs, sea grass beds and many other marine species off Ly Son Island at risk, with local authorities urged to make more efforts to preserve the unique ecosystem.

Labourers adapt to industrial revolution 4.0

According to the International Labour Organisation, it is estimated that there will be some 86,000 unemployed labourers in the textile and garment industry due to changes brought by the fourth industrial revolution.

Mural paintings give fresh touch to rural streets

 The mossy and riddled with posters streets in Dong Khe hamlet seems to have a new coat, becoming the most beautiful in the area thanks to an array of large scale and colourful murals.

Up to three storms, low pressures to hit Vietnam by year-end

 About six to eight storms and low pressures are forecast to operate in the East Sea in the rest of the year, with two or three of them directly affecting Vietnam, especially the central region.

President: Vietnam, Laos strive to develop relations practically

 High-ranking leaders of Vietnam and Laos have agreed to give the top priority to developing and lifting the two countries’ relationship to a new height in a practical, effective and quality manner, President Tran Dai Quang has said.

20 million Vietnamese students embark on new academic year

 Close to 20 million pupils and students took part in ceremonies held at schools at all levels across Vietnam on September 5 to ring in the 2017 – 2018 academic year.

Discovering pristine beauty of Ru Cha mangrove forest

Nestled on Tam Giang Lagoon , Ru Cha mangrove forest is touted as a worthwhile destination for those longing for a place without earsplitting noises and with a tranquil space and poetic landscapes.

Expert: 14 thermal power plants in Mekong Delta too much

Building 14 thermal power plants in the Mekong Delta is a “very unsustainable development scenario”, Nguyen Minh Due, chair of the Energy Science Council of the Vietnam Energy Association, said.

Cosmetics manufacturers face thorny path to develop organic products

VietNamNet Bridge - Avoiding the crowded industrial cosmetics market segment, Vietnamese manufacturers are developing organic products. However, the path to success has not been smooth.

Educators pessimistic about ‘one curriculum, many textbooks’ program

VietNamNet Bridge - The government in 2015 approved a plan on reforming curricula and textbooks for general education, emphasizing a student-centered approach which aims to promote initiative, creativity and self-study.

Piracy hindering Vietnam’s television industry

Television companies, complaining that they are losing big money because of copyright infringement, have urged MIC to impose heavier sanctions on violators, saying the  television industry will not be able to develop.

North-South railway resumes operation after derailment

 The North-South railway has resumed operation, 12 hours following a train accident that derailed three carriages and injured at least three people September 3 in Quang Binh Province.

Vietnam to see cutthroat competition in petroleum market

VietNamNet Bridge - Formerly a country that exported crude oil at low prices, Vietnam now produces petroleum products which can satisfy half of domestic demand.

Taking a tour to Song Pha fruit garden in Ninh Thuan

 Those who have a chance to visit the central coastal province of Ninh Thuan should make a trip to Song Pha fruit garden at the foot of Ngoan Muc Pass in Lam Son Commune, Ninh Son District.

BUSINESS IN BRIEF 4/9

 Bao Viet & Munich Re launch storm coverage product, NFSC: 8M credit growth at 11.5%, Coca-Cola completes additional investment, August FDI in Hanoi at $1.74bn, Nepal seeks tourism cooperation with HCM City

The three biggest risks in doing business in Vietnam

Injecting money in non-core business fields, experimenting in real estate projects, and having a bad financial foundation are the three most significant risks facing the business environment in Vietnam.


Co Island – a great painting of nature

 Nestled in the middle of An Duong Lake in Chi Lang Nam Commune in the northern province of Hai Duong, Co Island (Stork Island) is a beautiful and stunning natural destination.