AFC Futsal Club Championship Vietnam 2017 to host 14 clubs

 Asia’s top 14 futsal clubs discovered their rivals for the AFC Futsal Club Championship Vietnam 2017 slated for July 17-30 after the tournament’s official draw in Ho Chi Minh on May 30.

Vietnam runs trade deficit of $2.7 billion in five months

 Vietnam posted a trade deficit of nearly $2.7 billion this year to the end of May, equal to 1.7 percent of the country’s total export turnover.

Consumer spending, inflation data support Fed rate hike case

 U.S. consumer spending recorded its biggest increase in four months in April and monthly inflation rebounded, pointing to firming domestic demand that could allow the Federal Reserve to raise interest rates

Tobacco kills 7 million people every year

In Vietnam, the number of diseases related to cigarette smoke has increased significantly. Experts have said cigarettes are helping cancers to grow.

Vietnam calls for efforts to maintain peace in Korean Peninsula

 Vietnam reiterates its support of every effort to promote dialogue and maintain peace and stability in the Korean Peninsula, Foreign Ministry spokesperson Le Thi Thu Hang said on May 30. 

PM Nguyen Xuan Phuc holds talks with UN Secretary General

 Prime Minister Nguyen Xuan Phuc held talks with United Nations Secretary General Antonio Guterres in New York on May 30 (local time), during which the Vietnamese leader highlighted the ties with the global organisation.

Legislators scrutinise several draft laws on May 30

 Legislators debated the draft revised Law on Railway during a plenary session in Hanoi on May 30 under the chair of National Assembly Chairwoman Nguyen Thi Kim Ngan. 

Android creator unveils new phone, home assistant device

 Andy Rubin, the co-creator of the Android mobile phone operating system, has launched a new company called Essential Products to sell a high-end smartphone and a home assistant device.

Time ripe for US firms to further engage in VN’s restructuring: PM Nguyen Xuan Phuc

 The time is ripe for US businesses to engage more strongly in the economic restructuring of Vietnam, especially in finance-banking and State-owned enterprise equitisation, according to Prime Minister Nguyen Xuan Phuc.

Vietnam, US hold trade meeting in Washington

 Minister of Industry and Trade Tran Tuan Anh and US Trade Representative Robert Lighthizer met as co-chairs of the Vietnam-US Trade and Investment Framework Agreement (TIFA) Council in Washington on May 30.

Vietnamese Gov’t to prevent fishing in foreign waters

 Deputy Prime Minister Trinh Dinh Dung has urged localities to promptly take measures to prevent Vietnamese fishermen from illegally fishing in foreign waters.

VN Prime Minister’s message during US visit

 The Washington Times on May 30 published a message by Prime Minister Nguyen Xuan Phuc on the occasion of his official visit to the United States of America at the invitation of President Donald Trump. 

Professor responsible for discovering medicinal herb in Vietnam

VietNamNet Bridge - Few Vietnamese know about the man who discovered a precious medicinal herb – giao co lam (Gynostemma pentaphyllum): Pham Thanh Ky, rector of the Hanoi Pharmacy University. 

100-year-old cinnamon gardens thrive on Ngoc Linh Mount

VietNamNet Bridge - The centuries-old cinnamon gardens on Ngoc Linh Mount are a treasure which has been preserved for generations. Cadong people consider the ancient cinnamon trees as gifts from God.

People rush to invest in real estate, ignoring risks

VietNamNet Bridge - In the first months of 2017, the number of real estate transactions at the Notary Public Office No 1 in HCMC increased by 17-27 percent compared with the same period last year.

BUSINESS IN BRIEF 31/5

 Around 11,000 new companies set up in May nationwide, Huy Vietnam invests in two food facilities, Experts warns of job losses through technology, European firms stay positive on Vietnam’s business climate

Students study 16 hours a day to prepare for high-school entrance exams

VietNamNet Bridge - Secondary school graduates are now gearing up to prepare for the high-school entrance exams, slated for June 9. 

Vietnam attends Thailand Rice Convention 2017

 A Vietnamese delegation, led by Deputy Minister of Industry and Trade Tran Quoc Khanh, has attended the Thailand Rice Convention 2017 in Bangkok from May 28 – 30.

Month-long campaign against domestic violence kicks off

 The National Action Month against Domestic Violence was launched by the Ministry of Culture, Sports and Tourism in a ceremony in northern Vinh Phuc province on May 30.

VN pianist wins first prize in international competition

Vietnamese pianist Luu Duc Anh, a student of Malmo Music Academy in Sweden, has won the first prize at the 6th International Music Competition 2017, in the 19-30 year-old category.

VN tourism sector urged to use digital tech

Enterprises in the tourism sector have been encouraged to use digital platforms as the use of smartphones, laptops and the number of internet users in the country has dramatically increased.

Think twice before posting kids’ images online

Posting photos and videos of children online may seem to be an innocuous pastime for many, but little do they realise the perils such digital footprints could cause for their children.

TPP negotiators to convene in Japan in mid-July

The chief negotiators of 11 TPP countries plan to meet in Hakone, the Japanese prefecture of Kanagawa, in mid-July to discuss the future of the free trade deal without the United States, Japanese news agency Kyodo reported.

New guide for casino, gaming business in Vietnam

 The Ministry of Finance’s Department of Banking and Financial Institutions has been given the authority to grant business licences for casino and gaming services.

Vietnam ranks 8th among world’s top gold consumers

 Viet Nam ranks eighth among the countries in the world with the highest gold consumption in the first quarter of 2017, shows a recent report by the World Gold Council.