BUSINESS IN BRIEF 7/8

Retail sales, services revenue up by 10 percent, Nearly 73,000 new enterprises set up in seven months, Industrial index up 6.5 percent in seven months, Expats share experiences in clean energy, big data

Social News 7/8

 USAID supports 385,000 women in Southeast Asia, Defense chief to visit U.S. next week, Hundreds of workers rescued from big fire in Bac Ninh, Landslide kills one in Cao Bang

Singapore property moguls move in

The first half of 2017 has seen increased interest from Singaporean real estate firms in the Vietnamese market, with Sembcorp, CapitaLand, Mapletree, and Keppel Land among the biggest movers and shakers. 

Singaporean firms eye e-commerce

 Vietnam’s bustling e-commerce market is drawing more attention from Singaporean firms and startups.

Hanoi to pedestrianise West Lake street

 Hanoi's authorities will pedestrianise another street soon in Tay Ho District.

Taxi driver to be fired for overcharging tourist

 A taxi driver in Danang City has been sacked after being found overcharging a South Korean tourist on August 4.

Quang Ninh gets tough on destructive fishing practices

 Local authorities in the northern coastal province of Quang Ninh will try and enforce and end to destructive fishing practices.

Five cities to join 50th ASEAN landmark lighting

The ASEAN Landmarks Lighting event will be held simultaneously in five big cities in Vietnam including Hanoi, Ho Chi Minh, Danang, Hai Phong and Can Tho to mark the 50th anniversary of ASEAN on August 8.

Hanoi to set uniform colour for taxis

 Taxis in Hanoi must be painted the same colour from 2025 for better management according to the city's transport department.

Atlas Hoi An Hotel among world’s top 10 unusual green buildings

Global Construction has named Atlas Hoi An Hotel in the central province of Quang Nam among top 10 unusual green buildings in the world.

Vietnam to impose temporary safeguard measures on imported fertiliser

 The Ministry of Industry and Trade (MoIT) last week issued Decision No. 3044/QĐ-BCT to apply safeguard measures on some DAP and MAP fertiliser products imported into Viet Nam.

Fire destroys ancient church in Nam Dinh

An electrical short-circuit has been blamed for the fire that destroyed a major church in the northern province of Nam Dinh on Saturday night.

10 commercial banks sprint to enter bourse by year-end

VietNamNet Bridge - Banks are rushing to list shares on the stock market by the year-end.

Passenger train derails at Hanoi's station, no casualties

 The SP2 train, which runs from the northern mountainous Lao Cai Province to Hanoi, derailed early on Monday at Hanoi's Yen Vien station, but there were no casualties.

Vietnam win world vovinam championship

 Vietnam topped the World Vovinam (a Vietnamese martial art form) Championships, which concluded in New Delhi, India, on August 5.

Art project to fund girls’ education in Asia

 An art photography project, I Femme, has been launched to help poor girls access education and to fund schools for poor children in Viet Nam, India and Nepal.

Vietnam to ban antibiotics in livestock farming

Vietnam will impose a ban on all kinds of antibiotics in livestock farming after 2020, and those currently used in animal feed are only allowed until the end of this year.

VN Rivers Network proposes suspending project encroaching on Dong Nai River

The Vietnam Rivers Network on August 2 proposed the Prime Minister immediately cancel an urban development project that aims to encroach on a section of the Dong Nai River due to numerous potential consequences. 

Hanoi book street becomes most popular destination

 Hanoi book street has recently become one of the favorite destinations for Hanoi’s readers since its launch three months ago.

Vietnam’s spa wins double at World Luxury Spa Award 2017

HARNN Heritage Spa of the InterContinental Danang Sun Peninsula Resort was named “2017 Global Spa of the Year” at the World Luxury Spa Awards 2017 in late July.

Number of diabetes patients in Vietnam rises fastest globally

 Vietnam is leading the world on the rate of people living with diabetes accounting for 5.4 percent of the country’s population or five million people.

HCM City announces vehicle ban in many streets

 The HCMC Department of Transport has announced that all vehicles will be banned in many streets in Districts 1 and 4 starting August 8 for celebration activities of ASEAN’s 50th founding anniversary.

Cyber threats prompt return of radio for ship navigation

The risk of cyber attacks targeting ships' satellite navigation is pushing nations to delve back through history and develop back-up systems with roots in World War Two radio technology.

Satoshi, Cardona win Da Nang marathon

 VietNamNet Bridge – Japan’s Izawa Satoshi clocked a time of 2hr 39.53min to win the men’s 42km race at the fifth annual Manulife Da Nang International Marathon on Sunday.

Bitcoin trading floor collapse causes panic among investors

BTC-E, a large virtual currency trading floor sudden ‘closure for maintenance’ has  caused anxiety among many Vietnamese investors about the fate of their billions of dong stuck at the floor.