Vietnam, India boost strategic partnership

Vietnam and India held their 8th political consultation session and 5th deputy foreign ministerial strategic dialogue in New Delhi on August 2.

Bitcoin worth $72 million stolen from Bitfinex exchange in Hong Kong

 Nearly 120,000 units of digital currency bitcoin worth about US$72 million was stolen from the exchange platform Bitfinex in Hong Kong, making it the second-biggest security breach ever of such an exchange.

European bank rebound not enough to save world stocks from further losses

 World stocks fell for a third straight day on Wednesday, depressed by growing nervousness surrounding central bank policy and the recent spike in world bond yields,

Vietnam to play Thailand in AFF final

 VietNamNet Bridge – Viet Nam set up a rematch with Thailand in the final of the Southeast Asian Women’s Football Championship, defeating hosts Myanmar 5-4 in the penalty shootout yesterday (Aug 2) in Mandalay City.

Beach footballers train, compete for Asian Games

 VietNamNet Bridge – The national beach football team gathered yesterday (Aug 2) in Da Nang City in preparation for their Asian Beach Games next month in Viet Nam.

Foreign oil and gas conglomerates flee Vietnam

After over four years since it was announced, the $22 billion Nhon Hoi petrochemical project officially proposed to withdraw from Vietnam’s oil and gas development plan. To date at least three foreign oil and gas groups have fled from Vietnam.

Mekong Delta gang arrested for series of gold shop burglaries

 VietNamNet Bridge – The Can Tho police have busted a gang of seven burglars who allegedly stole VND10 billion (US$450,000) from six jewellery shops in the Mekong Delta since last year.

Industry and Trade Ministry structure bulky and inefficient: experts

VietNamNet Bridge - Experts have urged the Ministry of Industry and Trade to reform its administrative structure as it now takes on too much work that is outside its purview. 

Poetic grounds inside residence of Vietnam’s last king

VietNamNet Bridge - Surrounded by poetic pine forest, Palace I, where Vietnam’s last emperor Bao Dai lived, is designed in a European style.

BUSINESS IN BRIEF 3/8

7M real estate FDI at nearly $1 billion, Investment promotion in U.S. promises to bring HCMC many contracts, Seafood exports likely to top $7.1 billion in 2016, Vietnamese brands yet to ASEAN countries

Foreign tourists allowed to visit Co To island without permit

Foreign tourists can now freely visit the border Co To island, said Hoang Ba Nam, Secretary of the Party Committee of the Co To district in the northern Quang Ninh province.

Hanoi to have another walking street

 The Hanoi People's Committee on August 2 approved the proposal of Thanh Xuan precinct to build Nguyen Quy Duc St into a walking street.

Mike Tyson joins cast of Vietnamese film ‘Girls 2’

Mike Tyson has arrived in Ho Chi Minh City to join the cast of the Vietnamese comedy action film Girls 2 produced and toplined by Tran Bao Son, report multiple news sources.

Vietnam runs for UNESCO chief position

Ambassador Pham Sanh Chau, head of the Foreign Ministry's Culture and UNESCO Department, has been nominated for the director-general position of the UNESCO for the 2017-2021 tenure.

Vietnam condemns violence against children before Security Council

Vietnam condemns the killing of and violence against children, including sexual violence, the recruitment and use of child soldiers, acts of abduction and attacks targeting schools and hospitals.

Mobile internet to boost GDP

Research recently conducted by Oxford Economics says that the mobile internet sector may contribute US$5.1 billion to Viet Nam from 2015 to 2020, it was revealed at a workshop yesterday.

The Music of Johann Sebastian Bach in HCM City

“The Music of Johann Sebastian Bach” will be a night of classical music masters at the HCM City Opera House on August 9.

Ly Hoang Nam jumps to 871st in world rankings

Vietnamese tennis star Ly Hoang Nam jumped three slots to 871st in the latest world rankings on August 1.

Management board of Lang Biang Reserve established

The Central Highlands province of Lam Dong has set up a Management Board of Lang Biang World Biosphere Reserve (Lang Biang BR) to boost the sustainable development of the site.

Projects disregarding environment protection unlicensed: Deputy PM

 Spokesperson for the Government Mai Tien Dung has stated that investment projects failing to meet environmental protection standards will not be licensed.

Vietnam’s mainland to suffer up to two storms in August

There will be two to four storms and low depressions in the East Sea in August this year, one or two of them will affect the mainland of Vietnam, especially the northern and northern central regions,.

New urban areas face serious school shortage

VietNamNet Bridge - Hanoi authorities have reassured the public that 100 percent of students in districts will be able to go to state-owned schools in the same districts as stipulated by law.

Foreign NGO workers enjoy tax breaks in Vietnam

The Ministry of Finance has issued a circular guiding foreign people working on aid projects and programmes for foreign non-governmental organisations (NGOs) in Vietnam to file dossiers on personal income tax exemption.

Legal proceedings taken against violations of waste management

The police in the central province of Ha Tinh on August 2 decided to start criminal proceedings against violations of the regulations on hazardous waste management in Ky Anh town.

Vietnam, Cambodia review religious cooperation agreement

Vietnam and Cambodia have reviewed the implementation of their bilateral religious cooperation agreement signed in February last year during the ongoing visit to Vietnam by Cambodian Minister of Cults and Religion Him Chhem.