Inflation forecast to hit 2.6 percent this year

 Vietnam’s inflation this year is forecast to reach 2.6 percent barring fluctuations of prices on world markets and adjustment in the cost of public services, the National Financial Supervisory Commission reported on June 12.

HCM City launches free start-up space

 The HCM City Centre for Enterprises Support and Development is offering start-ups free space to run their companies.

Experts: Vietnam lacks traffic culture

Traffic police and authorities in HCM City are concerned about low road safety awareness of road users, which results in a large number of traffic accidents in the city.

National Assembly starts Q&A sessions at third meeting

 The 14th National Assembly began question and answer (Q&A) sessions as part of its ongoing third meeting in Hanoi on June 13.

Heavy rain floods Hanoi streets this morning

VietNamNet Bridge - A sudden downpour hit Hanoi during morning peak hour today, June 13, flooding many streets. 

Aegean quake shakes buildings in Greece and Turkey, one dead

A powerful 6.3 magnitude earthquake struck the western coast of Turkey and the Greek island of Lesbos on Monday, killing one woman and rattling buildings from the Aegean Turkish province of Izmir to ...

JLR unit invests $25 million in Lyft to help develop self-driving cars

 Britain's biggest carmaker Jaguar Land Rover said its mobility services business, InMotion Ventures, would invest $25 million in U.S. ride services company Lyft Inc to help develop and test technology for self-driving cars.

Uber CEO Kalanick likely to take leave, SVP Michael out: source

Uber Technologies Inc Chief Executive Travis Kalanick is likely to take a leave of absence from the troubled ride-hailing company, but no final decision has yet been made, 

BUSINESS IN BRIEF 13/6

 Industry 4.0 poses great challenges to ASEAN, including Vietnam, First container of Vietnam’s ngao oysters shipped to Italy, Central Highlands not to expand rubber area, Gangwon businesses promote Korean investment in HCM City

HCM City vows to reduce waste landfill, replace with recycling

VietNamNet Bridge - Sorting waste at the source and recycling are two of the solutions being implemented in HCMC to control issues posed by garbage dumping.

Virtual assistant Umind can serve disabled

VietNamNet Bridge - A group of students from the HCMC Information Technology has invented Umind, a virtual assistant which can listen, understand and respond in Vietnamese. It can give strong support to elderly drivers and to the disabled.

The 4.0 industrial revolution and opportunities for mathematics

VietNamNet Bridge - Vietnam’s training in mathematics at universities remains poor, according to many mathematicians. 

Female securities investors make impressive million-dollar deals

Many transactions worth millions of dollars have been made recently, stirring up the stock market. The common characteristic of the deals was that they were made by female investors.

Project gives voice to ethnic minority women

 VietNamNet Bridge – Chu Thi Boi never thought that one day she would be on stage, singing then and playing a dan tinh to an audience of hundreds.

Bac Giang farmers deplete forest

The northern province of Bac Giang’s People’s Committee has asked authorities in Son Dong and Luc Ngan districts to take measures to better manage and protect forests in the localities.

Fuel smuggling on the rise in Vietnamese waters

Fuel smuggling is on the rise in Vietnamese waters bordering Malaysia, Indonesia and Thailand recently, partly due to the discrepancy between selling prices in Việt Nam and neighbouring countries, 

Major social housing targets seem beyond reach

 VietNamNet Bridge – The national housing development strategy targets having 12.5 million square metres of social and affordable housing by 2020.

A scientist demonstrates the value of passion

 VietNamNet Bridge – Dr Vu Anh Tai is a well known man now, especially after his recent selection as one of the nation’s role models.

Paintings on Vietnam’s beauty exhibited in Romania

An exhibition featuring works by famed overseas Vietnamese artist Van Duong Thanh is on display at the National Village Museum located in Bucharest, Romania.

HCM City students’ paintings on peace on display

A collection of posters by HCM City students with the theme of Vietnamese youth wishing for a peaceful world is on display at the War Remnants Museum.

Central region struggles to develop tourism

Community-based tourism, unique lifestyles and traditional cultural values offer major potential for development in the centre of Viet Nam and its Central Highlands, 

PM issues drug control orders

Prime Minister Nguyen Xuan Phuc has directed relevant ministries and agencies to strengthen drug prevention and control to ensure reduction in supply, use and attendant evils.

Social News 12/6

Quang Nam, RoK’s Gwangyang city ink cooperation deal, PM asks for efforts to reduce drug supply, demand and impact, Almost one third of communes recognised as new-style rural areas

Da Lat to tackle rude and fraudulent sellers

Authorities in the Central Highlands city of Da Lat are taking measures to deal with the rising numbers of shopping scams targeting tourists.

Stalled prime location real estate projects mar HCM City

 The chairman of HCM City Nguyen Thanh Phong has criticised three projects that remain uncompleted after a decade.