Canadian Ambassador recieves friendship insignia

 On August 10, Canadian Ambassador to Vietnam David Devine was honoured with the insignia “For Peace and Friendship among Nations” in recognition of his contributions to promoting relations between the two nations.

Korean-VN $32 million sausage deal delayed

Daesang Corp, a South Korean food-making conglomerate, has yet to complete its purchase of an almost full stake in Vietnamese sausage producer Duc Viet Food Joint Stock Company, which was rumored to be finished by August 5.


PetroVietnam revenue hits VND253 trillion in seven months

  The Viet Nam National Oil and Gas Group (PVN) earned VND253 trillion (US$11.3 billion) in revenue and paid VND50.7 trillion to the state budget in the first seven months of this year.


Finance Ministry proposes clearing, freezing tax debts

 The Ministry of Finance (MoF) has proposed clearing and freezing tax debts of enterprises totalling VND14.7 trillion (approximately US$655 million) as one of the measures to tackle the difficulties they are facing.


U19s Vietnam to compete in Cup in Myanmar

 Vietnam will meet Thailand at the U19 Invitational Cup football tournament later this month.

Da Nang to host kite contest on beach

 Nearly 100 competitors will take part in the kite festival Da Nang Colours on My Khe Beach in Son Tra District on August 27-28.

Quang Ngai: Locals gather to stop sand exploitation

 Hundreds of people in Tinh An Commune in central Quang Ngai City have gathered near the Tra Khuc River to stop trucks from removing sand from the river, the online Da Tri reported.

Hanoians to see Perseid meteor shower early Friday morning

Residents of Hanoi will be able to watch the Perseid meteor shower from 1 to 2am on Friday, with the number of meteor sightings expected to double, compared to last year.

Prisoner under death penalty cleared of charges after 46 years

VietNamNet Bridge – On August 9 the Supreme People's Court formally concluded that Mr. Tran Van Them, 81, was wrongfully convicted of murder and given a death sentence46 years ago.

Rio 2016: Vietnamese to row in semifinal round

 Vietnamese rowers Ho Thi Ly and Ta Thanh Huyen will compete in the semifinals C/D of the lightweight women’s double sculls in the Rio Olympics.

Vietnamese M&A activities heating up

 Mergers and acquisitions (M&As) have become popular in the Vietnamese market due to the country’s deeper integration into the global economy in recent years.

E-commerce development master plan approved

 The Prime Minister has given the green light to a master plan to develop e-commerce over the period 2016-2020, which will strive to build a network providing e-commerce services in all cities and provinces nationwide in the next four years.

ASEAN nations seek closer tourism links

An international conference on the ASEAN Mutual Recognition Agreement for Tourism Professionals (MRA-TP) took place in Jakarta, Indonesia on August 8-9, focusing on strengthening intra-bloc links in travel, tourism and hospitality.

Vietnamese, Malaysian navies bolster ties

Vietnam and Malaysia have agreed to bolster naval cooperation through increasing consultations and boosting affiliations in sea patrols, delegation exchanges and personnel training.

Japanese group wants to invest in Vietnam

Japan’s Marubeni Corporation is seeking investment opportunities in coal exports, gas production, renewable energy usage and waste water treatment in Vietnam.

Da Nang's stunning scenery at night

VietNamNet Bridge – Da Nang is called the "city of light" when its bridges, buildings and residential areas are lit up at night, bringing a different color to this brilliant, vibrant city.

Railway carriage revitalises heritage tourism

 VietNamNet Bridge – After a month of thorough preparation, "Con Duong Di San" or the Heritage Path tourist railway carriage began its first journey, carrying 24 tourists on board on Monday.

Rekindling love at the market

 VietNamNet Bridge – Polish-American director Matt Dworzańczyk has just posted his latest documentary about a traditional love market in a remote area of northern Viet Nam on YouTube.

HCM City sees increase in school enrolment

 VietNamNet Bridge – Nearly 1.2 million students in HCM City are expected to enrol in schools for the upcoming academic year, an increase of 59,000 compared to last year,

Wings, Buffaloes win first matches at VBA event

 VietNamNet Bridge – HCM City Wings and Hanoi Buffaloes won their first matches in the Viet Nam Basketball Association (VBA) League.

Malaysia’s Nasaruddi to officiate at V.League match

VietNamNet Bridge – The Viet Nam Professional Football Company (VPF) has invited Muhammad Nazmi bin Nasaruddi to supervise a match at the V.League this weekend. 

Listed companies report big profits, VN Index hits 9-year peak

VietNamNet Bridge - Many companies have reported profit increases in the first half of 2016, a sign that the national economy is warming up, according to economists.

BUSINESS IN BRIEF 10/8

Turkey continues imposing AD duties on Vietnam tyres, Export growth 50% of target, Bank loan-deposit ratios improve significantly, French firms interested in transport projects in HCM City, Ministry works to remove bottlenecks for exports

New traffic rule to be reviewed

 VietNamNet Bridge – The regulation to penalise drivers who drive through yellow traffic lights will be reviewed and cancelled if it is found improper and impractical, Police Major General Tran The Quan said.

Hanoi water supply project cancels contract with Chinese firm

 VietNamNet Bridge – Viwasupco, which is implementing a Ha Noi water supply project, said it had cancelled a bid and would not sign a contract with China’s Xinxing Ductile Iron Pipes Co. Ltd.