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.

General Secretary of Mongolian Parliamentary Office greeted in Hanoi

General Secretary of the Vietnam National Assembly Nguyen Hanh Phuc yesterday held talks with General Secretary of the Office of the Mongolian Parliament Tsend Tsolmon who is on a working visit to Vietnam from August 14-18. 

SEA Games 29: Vietnamese shooters aim for three golds

 Vietnamese shooters are striving to bring home three gold medals at the 29th Southeast Asian Games (SEA Games) in Malaysia from August 19-31.

Vietnam aims for deeper relations with Thailand through PM’s visit

 The official visit to Thailand by Prime Minister Nguyen Xuan Phuc from August 17-19 is expected to deepen the two countries’ relations in various fields such as politics, security, defence, economics and trade.

Deputy PM Pham Binh Minh receives Timor Leste Ambassador

Vietnam always works closely with Timor Leste to foster bilateral ties for the sake of peace, stability and prosperity in Southeast Asia, Deputy Prime Minister and Foreign Minister Pham Binh Minh assured Timor Leste Ambassador to VN. 

Vietnamese students to compete at Summer Universiade

 Vietnam athletes today will leave for the 2017 Summer Universiade, the world sport games for students which will be organised in Chinese Taipei from August 19-30.

Hanoi plans to pilot bus e-cards in September

 Hanoi’s Transport Department and the Hanoi Transport Corporation have proposed to the municipal People’s Committee a pilot programme on using an electronic transportation cards on BRT route 01 from September.

Da Nang to host 20th Vietnam Film Festival

 The 20th Vietnam Film Festival will take place in the central coastal city of Da Nang from November 24-28 with the participation of nearly 850 delegates.

Cooperation with Tokyo Gas is important: Prime Minister

 Prime Minister Nguyen Xuan Phuc stated that cooperation with Tokyo Gas Co Ltd is very important as oil and gas cooperation is one of the top priorities in Vietnam-Japan economic ties.

49 indicted for involvement in gambling activities

 The Supreme People’s Procuracy said on August 15 that it had issued an indictment against 49 accused of being involved in a gambling ring via the cmd368.com website.

Landslide in Dong Thap forces night evacuation

 A landslide along the Tien River in Dong Thap  Province’s Hong Ngu District on Sunday night caused a coffee shop and 2,400 square metres of land to sink into the river.

VN lose to Japan at Asian volleyball

 Vietnam lost to Japan 22-25, 21-25, 16-25 in the quarter-final round of the SMM 19th Asian Women’s Senior Volleyball Championship held in the Philippines yesterday.

SEA Games 29: U22 Vietnam beat Timor-Leste 4-0

 Vietnam’s U22 football team defeated Timor-Leste 4-0 in the first opening match of Group B of the 29th Southeast Asian Games (SEA Games) in Malaysia on August 15.

Bikinis for flood victims?

 VietNamNet Bridge – Many people didn’t know whether to laugh or cry when they saw a photo of a man in flood-hit Muong La District in the northern province of Son La wearing a skirt.

Sai Gon snails winging their way to Hanoi

 VietNamNet Bridge – Nguyen Thi Phuong and her friends were invited to a party at the newly opened restaurant of Mon Ngon Sai Thanh last week.

Thanh Ha Pottery Village

 Thanh Ha pottery village sits beside the Thu Bon River, 3 kilometers west of Hoi An.

Provinces reject hydropower projects in aim to protect forests

VietNamNet Bridge - Provincial authorities in the central region have decided to withdraw proposed hydropower projects in an effort to protect forested land. 

BUSINESS IN BRIEF 16/8

Vegetable, fruit import strongly increases, Nutritional packaged F&B taking off, Mekong Capital fund invests in education concern, Vietnam wins prize in Asia HRD Awards 2017, HCMC firm in pork traceability

CJ Group eyes Vietnamese food market

VietNamNet Bridge - The great potential of the Vietnamese food market has attracted the South Korean conglomerate the CJ Group.

Student enrollment drops amid tuition increases

As many as 352,000 students passed exams to enter universities in the first enrollment period, but only 242,000 students have turned up to start school, while 110,000 students have rejected the opportunity.