Laos supports peaceful settlement in East Sea issue

Laos has been following the East Sea situation closely given the sea area is important and sensitive and called on parties involved to continue exercising restraint and holding talks to settle their disputes peacefully.

Telecom sector earns VND93.5 trillion in first half

 Vietnam’s telecom sector generated revenue of VND93.5 trillion (US$4.2 billion) in the first six months of the year, excluding military group Viettel’s earnings from foreign markets.

Ba Mun island - a paradise for wild animals

 VietNamNet Bridge – This year the Vietnam National Administration of Tourism has launched a program promoting Vietnam as a paradise of sea and island for tourists.

Will Vietnam restructure the central bank?

VietNamNet Bridge - For the last ten years, the State Bank of Vietnam (SBV) has said it would restructure its operations.

Vietnam's GDP unlikely to reach 6.7% target this year

Vietnam’s GDP in 2016 will not reach the targeted 6.7 per cent unless breakthrough measures are introduced, according to analysis from the Vietnam Institute for Economic and Policy Research (VEPR).

Vietnam ranks second after China in software outsourcing for Japan

VietNamNet Bridge - Vietnam has replaced China as the second largest partner in Japan’s software outsourcing market.

Second thoughts save a boy’s life

 Commuters who crossed HCM City’s Saigon Bridge last Thursday afternoon panicked when they saw a young boy jump into the river. People found his backpack and sandals placed neatly on the bridge.

Quang Ninh seaport and industrial complex awaits licensed

The Ministry of Planning and Investment has proposed the prime minister to approve the investment plan of $311.9 million seaport and industrial park complex invested by a consortium of three foreign investors in Quang Yen town, Quang Ninh.

VN government puts a leash on foreign reinsurance

Foreign insurers operating in Vietnam are no longer allowed to transfer their entire premium collected in the country to their mother companies through overseas reinsurance contracts.

Slovakia’s Prime Minister begins Vietnam visit

Slovakian Prime Minister Robert Fico began his official visit to Vietnam at the invitation of Prime Minister Nguyen Xuan Phuc on July 17.

Poor households stand at 2.3 million

Vietnam has 2.3 million poor households, accounting for 9.79 per cent of all households in the country, according to a report from the Ministry of Labor, Invalids and Social Affairs.

Mekong Delta's saltwater intrusion may hit 45% by 2030

Nearly a half of the Mekong Delta region would be badly hit by saltwater intrusion within the next 14 years.

Half of FIEs take losses, but still record best business performance

VCCI's Vietnam Business Annual Report 2015 shows that half of foreign invested enterprises (FIEs) take losses but have the highest ROA (return on assets), ROE (return on equity) and ROS (return on sales) indexes.

Explore Phu Yen in 24 hours

VietNamNet Bridge - You should go along the coastal road from Tuy Hoa to Mui Dien lighthouse, then cross Vung Ro Bay, Ca Pass before watching the beautiful sunset at the Yen island in late afternoon.

Husband leaves wife holding the robbed bag

Police in Hanoi’s Hoang Mai District arrested two men for stealing a luxurious Hermes handbag worth US$5,000 in Ly Thai To Street in April 2014.

Ancient dance form from 2,000 years ago revived

 Vietnamese artists have choreographed a dance routine based on images found at an Oc Eo archaeological site in southeastern An Giang Province.

From the foothills of Germany’s Alps, a top skiier eyes glory for Vietnam

 Vietnamese-born Tan Nico Düsterfeld from Germany aspires to represent his birth country in the 2018 Winter Olympics. Nguyen Thuy Linh reports.

BUSINESS IN BRIEF 17/7

 Firms optimistic about H2 results, Cashew market remains volatile after Brexit, Dragonfruit paves way for Vietnam’s fruit exports to Thailand, Vietcombank's profits rise 38%, Equitisation fails to meet the target

Social News 17/7

Folk culture of sea and island area discussed, Da Nang keen to become major fishing centre, Hanoi invests $7.2 million to improve population quality, Family doctor model to reach more cities, provinces

American coach excited about launch of domestic pro league

 VietNamNet Bridge – American Dave Singleton has seen the world coaching a game he loves. And now he’s bringing that drive to help grow the game of basketball in the Mekong Delta.

Lafarge Holcim may withdraw from Vietnam

 Cement manufacturer the Lafarge Holcim Group may fully divest from Holcim Vietnam but no final decision has been made as yet.

Gov’t policy advocacy agency urged

 VietNamNet Bridge – The Government was urged to set up an agency specialising in policy advocacy in order to issue policies that fit the current situation of socio-economic development.

Time to act responsibly, amicably

 VietNamNet Bridge – The Hague’s Arbitral Tribunal on Tuesday finally rendered its long-awaited landmark ruling on the case of the Philippines versus China over claims to the East Sea.

Ai Lao singing and dance in Giong Festival

 Ai Lao singing and dance is a traditional ritual only seen at the Giong festival in Phu Dong village, Gia Lam district, Hanoi.

Poor eyesight on the rise in students

 VietNamNet Bridge – Fifty per cent of Vietnamese students suffer from short-sightedness, a survey conducted by the Central Eye Hospital has revealed.