M&A real estate deals on the rise

Mergers and acquisitions have picked up significantly in commercial and hospitality segments in line with the overall trend of market recovery.

China’s proposed nuclear power plant in East Sea raises concerns

VietNamNet Bridge - Scientists say It will be very difficult to ensure safety for a nuclear power plant on the sea and fix problems from radiation leaks.

Can Tho removes traffic police effigies after one year

 The Can Tho City Traffic Safety Committee last week destroyed several traffic police effigies because it did not have money to fix them.

Embattled securities firms find no suitors

 VietNamNet Bridge – For Sacombank Securities Company (SBS), merging with another brokerage is a fait accompli: its accumulated losses exceed its capital.

Formosa's hazardous waste cannot be treated in Ha Tinh province

VietNamNet Bridge - None of the waste treatment plants in Ha Tinh province has technology that is advanced enough to treat hazardous industrial waste, according to the Ha Tinh Department of Natural Resources and Environment.

190,000 workers with bachelor’s, master’s degrees and doctorates unemployed

VietNamNet Bridge - Nguyen Thanh Hai, Chair of the National Assembly’s Committee for Culture, Education, the Youth and Children, has asked the government to reconsider the human resources development plan for the 2011-2020 period.

Hanoi police tackle traffic violations

 VietNamNet Bridge – Ha Noi traffic police have proposed a plan to the Ministry of Public Security to strictly handle cases of traffic law violations.

Vietnamese seafood producers urge Gov't help

 The Viet Nam Association of Seafood Exporters and Producers (VASEP) has proposed solutions to the Government to resolve current difficulties and promote seafood exports.

American man found dead in Da Nang hotel

 VietNamNet Bridge – Alan Wayne Short, 54, a US citizen, on July 17 found his 79-year-old roommate Wirtse Willard Raymond dead on a bed in a hotel in Da Nang City.

Da Nang shops won’t accept Chinese yuan

VietNamNet Bridge – Many restaurants and shops in Da Nang are hanging the sign “Don’t accept RMB as payment” as many Chinese tourists did not use VND but only the Chinese yuan.

Japanese beverage corporation produces beer dedicated to Vietnamese

 VietNamNet Bridge - Later this month, Sapporo Holdings will introduce its cheap beer product in Vietnam in an effort to find ways to grow in the promising market, reported Nikkei.

Thanh Hoa: Locals wear masks as smell from dead fish overpowering

VietNamNet Bridge – In the last couples of days, caged fish in the lake of Mat Son in Thanh Hoa province died en masse, giving out a terrible smell. Local residents had to wear masks all day and night.

Vietnam ensures rights of guest workers

Overseas remittances from guest workers are an important source of investment for the nation, said officials of the Vietnam General Confederation of Labour (VGCL) on July 19 at a workers’ rights forum in Hanoi. 

Party chief orders measures against senior official for wrongdoings

 Party General Secretary Nguyen Phu Trong has directed what to do next after the Party Central Committee’s Inspection Commission announced the violations of law committed by Trinh Xuan Thanh.

Expert: PCA’s ruling helps address East Sea disputes in long run

The recent ruling of the Permanent Court of Arbitration on the Philippines lawsuit against China’s claims in the East Sea is significant as it clarifies the claims of the parties involved.

PM urges help for Vietnamese from Cambodia

 Prime Minister Nguyen Xuan Phuc asked for a specific plan to help Vietnamese returning from Cambodia settle down in Vietnam.

36 face charges in $403.5m scam at Vietnam Construction Bank

A HCM City court today began the trial of the chief of a public bank and 35 of his accomplices for allegedly faking documents to borrow from the bank, causing losses of over VNĐ9 trillion (US$403.5 million) to the Government.

Classical concert to aid impoverished children

 Smile For You, a classical concert that aims to spread love and sympathy to impoverished and underprivileged children, will take place at V-Art Club inside the Indochina Plaza Hanoi this Saturday night.

Five southern golfers reach Amateur Golfers Championship final

 Five golfers from the southern region will play in the TP Bank World Amateur Golfers Championship Vietnam 2016 (WAGC) final round, following a qualifying round held in Binh Duong Province.

VNPT and Slovakia's SCS boost co-operation on IT

 The Viet Nam Post and Telecommunications Group (VNPT) and Slovakia's Slavia Capital Services (SCS) signed a memorandum of understanding on co-operation in Ha Noi on July 17.

Man caught again after 21 years on the run

 The Binh Thuan Police, in co-ordination with the Soc Trang Police, on July 10 transferred a 49-year-old man to southern province of Binh Thuan for further investigation after he escaped 21 years ago.

Social News 19/7

Use of banned substances for pig farming prevalent, New school-year to start on September 5, More dead fish found in Thua Thien-Hue, More Formosa waste found buried in Ha Tinh’s park, Youngest Vpop releases first album

Vietnam may treble tourism promotion budget next year

Vietnam is considering trebling its tourism promotion budget from the current US$1.8 million to US$5.3 million next year.

Vietnam to tighten environmental monitoring: Deputy PM

VietNamNet Bridge - Gaps in the law on environmental protection need to be addressed to curb pollution caused by investment projects, said experts and officials at a conference reviewing the environmental situation in the first half of the year.

Ly Son night market

 Located in an area behind the main entrance to Ly Son district, at Ly Son night market visitors can enjoy fresh seafood and other specialties of the island.