Flooding threatens flights at Tan Son Nhat Airport

 Tan Son Nhat International Airport in HCM City faces flooding whenever it rains.

NA committee discusses BOT controversy

The National Assembly Standing Committee held a working session on supervising implementation of BOT traffic projects in the wake of heated protests over one of them in the southern province of Tien Giang.

VN’s SEA Games team have tales to tell

 VietNamNet Bridge – Viet Nam is taking some of their best athletes to the 29th Southeast Asian Games in Malaysia this August, but it is little known that many have some interesting tales to tell.

SEA Games 29: Archery team aim for two golds

Nguyen Tien Cuong is expected to win the country’s first gold medal in the men’s individual three-string bow (compound) event at the 29th Southeast Asian (SEA) Games in Malaysia today.

My Son Sanctuary to host a sculpture park

The central province plans to build a sculpture park in the My Son Sanctuary to honour people for their contributions to preserving and restoring its cultural heritages, earning them the UNESCO recognition.

HCM City firms fear plan to extend mini-truck ban

 VietNamNet Bridge – With HCM City authorities considering an increase in the number of hours that mini trucks are banned in the inner city, businesses are worried about its fallout.

Da Nang to use LED public lighting for APEC meet

A pilot project using low carbon emission light-emitting diode (LED) bulbs will light up 19 main downtown streets in Da Nang as the central coastal city prepares for the high-profile 2017 APEC Summit.

Social News 16/8

Knee-joint distortion surgery consultation to be offered for free, Ben Tre warns residents against pig-based pathogen, Vietnam-RoK student exchange programme begins, 30 Lao military officers receive training in Hai Duong

Tien Giang Province suggests slashing toll fees to ease objection

Tien Giang Province’s Department of Transport on August 14 proposed the Ministry of Transport cut toll fees at the controversial Cai Lay BOT toll station in an apparent move to ease objections by drivers.

Businesses’ fear of failure stifles startup culture

VietNamNet Bridge - The high ‘fear-of-failure’ is a challenge that affects entrepreneurs in Vietnam, despite the efforts by the government to improve the business environment. 

Well-known Austrian composer’s opera scheduled to delight Vietnamese audiences

 The opera entitled ‘The Bat’ by famous Austrian composer Johann Strauss II will be introduced to Vietnamese audiences for the first time at the Ho Chi Minh City Opera House at 8pm on August 19-20.

Women's rugby team head to tournament in Belfast

 Fifteen women rugby players from marginalized communities in Asia, including five from Vietnam, are heading to the Northern Ireland capital of Belfast to play in the ChildFund Pass It Back Cup, in the lead up to the Women’s Rugby World Cup 2017.

Land bank needed for agricultural development

 It is necessary to establish a land bank because the majority of the 27 million ha of farmland in Vietnam is owned by individual farmers, which has created a host of difficulties for high-tech agriculture.

Ninh Thuan rues ineffective industrial parks

 Only a small area of eight industrial parks and complexes in the coastal Southern Central province of Ninh Thuan has been filled, resulting in a huge waste of land.

HSBC: Vietnam may miss 3.5% fiscal deficit for 2017

While a renewed focus on equitizing State-owned enterprises (SOEs) has been exhibited following the leadership transition in April last year, equitization alone is not a short-term solution to reducing the government’s fiscal deficit. 

GrabBike drivers in Hanoi take industrial action to oppose pay cut

 Many GrabBike drivers in Hanoi are trying to switch off the ride-hailing app or making false bookings to oppose the newly-announced pay cut.

Survey reveals most Vietnamese don’t trust e-commerce

 A new survey reveals that Internet users are increasingly concerned about their online privacy and that 65% of users polled say lack of trust is their main reason for not shopping online.

LG rolls out thinnest-ever TV panel in Vietnam

 LG Electronics Vietnam showed off “wallpaper” thin LG Signature OLED W Television for the first time in HCM City on August 15, announcing its 2.57mm-thin panel is the thinnest in Vietnam.

Finance Ministry proposes new tax on pickups

 The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 percent of the tax on cars with nine seats or less with similar engine displacement.

Ho Chi Minh Stock Exchange appoints new acting chairman

 The Ministry of Finance has appointed Le Hai Tra as new acting chairman of the Ho Chi Minh Stock Exchange (HOSE), starting August 14.

PV Power raises share-for-sale IPO ratio to 20%

PV Power, the country’s second-biggest power provider, will offer 20 per cent of its total shares for sale at an IPO in December. It will also sell 29 per cent of its capital to strategic investors.

Turkey to apply temporary measures on VN yarn

 Turkey’s General Directorate for Imports has issued a notice on applying temporary anti-tax avoidance measures on Partially Oriented Yarn imported from China, India, Malaysia, Indonesia, Taiwan, Thailand and Viet Nam.

Vietnam safety index improves: Report

 Vietnam’s safety standards have improved backed by strong economic growth and recent regulatory reforms, according to a new safety index released by Underwriters Laboratories (UL) in HCM City on Tuesday.

Roadmap approved to develop bond market

 Outstanding debt in Vietnam’s bond market is targeted at 45 percent of total GDP in 2020 and about 65 percent of GDP in 2030, according to a recently approved roadmap for the market development.

Le Quang Liem tops US chess event

 Vietnamese top chess player Le Quang Liem had two wins and a loss in the first day of competition at the St. Louis Rapid & Blitz tournament in the United States on August 15 morning.