Vietnam bolsters cooperation with Chile, Argentina

A Party delegation led by head of the Party Central Committee’s Commission for External Relations Hoang Binh Quan paid working visits to Chile and Argentina from June 27-30.

Unique 'plastic basin' wind-power used at fishing village

VietNamNet Bridge – The electrical system using red plastic basins as propellers helps generate clean energy source and light for many poor households along the Red River.

Vinamilk lifts foreign ownership limit

 The Vietnam Dairy Products Joint Stock Company (Vinamilk) has fully removed the foreign ownership limit on its shares following approval from the company’s annual general meeting (AGM) in May. The cap was previously 49 per cent.

VNPost releases Vietnam-Portugal joint stamp issue

 The Vietnam Post Corporation (VNPost) released a commemorative Vietnam-Portugal joint stamp issue on July 1 at a ceremony at the city of Hoi An in the province of Quang Nam.

Prepare plan for using Formosa compensation money: PM

 The PM this morning asked Deputy PM Vuong Dinh Hue and Minister of Finance Dinh Tien Dung to prepare a plan for the compensation of US$500 million received from Formosa.

Visa exemption extended for several European nations’ citizens

 The Government on June 30 issued a resolution on the extension of visa exemption for citizens of the United Kingdom, France, Germany, Spain and Italy.

UK continues increasing ties with Vietnam after Brexit

The UK continues to work with Vietnam to increase trade and investment between the two countries after the British vote to leave the EU, said Lesley Craig, Charge d’Affairs of the British Embassy in Vietnam.

HCM City, Mekong Delta invite investors for 69 key projects

 Provinces in the Mekong Delta and Ho Chi Minh City introduced 69 key projects to invite investors at a conference on investment, trade and tourism promotion in HCMC this morning.

Mekong Capital to divest from PNJ

The Vietnam Azalea Fund, managed by Mekong Capital, will divest nearly half of its stake in the Ho Chi Minh City-headquartered Phu Nhuan Jewelry Joint Stock Company (PNJ) via negotiations.

Overarching cloud computing solution to reshape Vietnamese businesses

 Thanks to cloud computing, Vietnamese executives can manage their companies from anywhere using Microsoft’s reasonably priced software.

Australia sentences 30 Vietnamese fishermen

 Thirty local fishermen entered pleas of guilty to charges of illegal fishing in a Darwin, Australia court on June 28, handed down suspended sentences and released on good behaviour bonds.

ASEAN has firm basis to involve in East Sea issue

 There is a firm basis for ASEAN helping settle disputes involving several of its member states and China in the East Sea, said Singaporean Defence Minister Ng Eng Hen.

Tourism to Vietnam grows 21 percent to 4.7m

 International arrivals to Viet Nam reached more than 4.7 million in the first half of 2016, a year-on-year increase of 21.3 per cent.

Technology start-ups worried about new criminal code provision

VietNamNet Bridge - A debate has been raised about Article No 292 of the 2015 Criminal Code, to take effect on July 1, on illegally providing services on computer and telecommunication networks. 

Fires kill 25 in HCM City since 2014

 As many as 1,467 fires have occurred in HCM City since 2014, leaving 25 dead and 76 injured, according to information released at a meeting reviewing the city’s fire and explosion prevention and control.

Fishermen receive support following mass fish deaths caused by Formosa

Ha Tinh, Quang Binh, Quang Tri and Thua Thien-Hue which have been affected by the recent mass fish deaths have been employing multiple drastic solutions to help locals stabilise their lives.

Party chief orders speedier Construction Bank corruption probe

 Party General Secretary Nguyen Phu Trong has asked for the swift completion of investigations over a corruption case in the Vietnam Construction Bank (VNCB) so it will be put on trial soon.

President hosts head of Lao Presidential Office

 The effective cooperation between the Presidential Offices of Laos and Vietnam has contributed to bolstering the long-standing friendship, special solidarity and comprehensive cooperation between the two countries, said President Tran Dai Quang.

First Vietnamese children’s Maths book introduced to the world

Russia’s Clever Media Publishing House has purchased the copyright of three Vietnamese children’s Maths books translated into English and released by Dan Tri Publishing House and Long Minh Book Company.

More U.S. babies with Zika-related birth defects reported by health agency

 Three more babies have been born in the United States with birth defects likely linked to Zika virus infections, while another lost pregnancy was linked to the virus, according to figures updated by health officials on Thursday.

Why have Japanese chosen Hai Phong Port?

VietNamNet Bridge - Japanese enterprises have been step by step closing their factories in the south of China and moving to Vietnam.

System of presidential bunkers under Independence Palace

 VietNamNet Bridge - Designed with concrete solid, and armored wall, resistant from 500 to 2,000kg bombs, the bunker system is an important part of the Reunification Palace where President Nguyen Van Thieu of the former Saigon regime worked.

BUSINESS IN BRIEF 1/7

 More large-scale trade, service complex to be built in Hanoi, HCM City: more apartments, less demand, More measures needed for agriculture recovery: Minister, Banking sector set to keep bad debt below 3 pct

Nobel laureates urge Greenpeace to stop opposing GMOs

 More than 100 Nobel laureates called on the international environmental group Greenpeace on Thursday to end its opposition to genetically modified crops, saying there is a scientific consensus they are safe and can benefit society.

U.S. opens investigation into Tesla after fatal crash in Autopilot mode

The U.S. National Highway Traffic Safety Administration said on Thursday it is opening a preliminary investigation into 25,000 Tesla Motors Model S cars after a driver of one of the vehicles was killed using the Autopilot mode.