Japan signs ODA deals with Vietnam

 VietNamNet Bridge – Japan will provide Vietnam with 166.124 billion yen (US$1.5 billion) in official development assistance (ODA) loans to support the latter’s implemention of three major projects.

Vietnam scoops circus awards

 VietNamNet Bridge – Nine out of 13 prizes for the most outstanding performances at the International Circus Festival 2016 were awarded to Vietnamese teams.

Central Vietnam tourism hurting

 VietNamNet Bridge – The Viet Nam National Administration of Tourism (VNAT) has submitted a proposal to the Ministry of Culture, Sports and Tourism for a long-term plan to promote domestic tourism, particularly in the central provinces

Airlines order many aircraft, ACV concerned about infrastructure burden

Air carriers have rushed to buy airplanes to expand their fleets, a reflection of the high growth rate of the Vietnamese aviation market, but this flurry of purchases has raised worries about overloading infrastructure.

Hunting growth, Samsung races to get up to speed on biosimilar drugs

As Samsung Bioepis raced to be first to market with a copy of Enbrel, a blockbuster rheumatoid arthritis drug, countdown clocks reminded workers - heading for lunch, meetings or even the washroom - of the days to the first mass production run. 

Clinton clinches Democratic presidential nomination: AP and NBC

 Hillary Clinton has reached the number of delegates needed to clinch the Democratic U.S. presidential nomination,

Vietnam’s milk coffee, the drink the U.S. President wants to try

VietNamNet Bridge - US President Barack Obama expressed his wish to try Vietnam's iced milk coffee in his visit to Vietnam. This is a drink praised by many international travel magazines and tourists.

BUSINESS IN BRIEF 7/6

 Thailand wants stronger logistics cooperation with Vietnam, UPCoM reaches 5 billion USD in capitalisation, FTSE Vietnam ETF adds GTN to investment portfolio, FDI to HCM City decreases by 38 per cent

Rains add to Mekong Delta woes

 VietNamNet Bridge – There have been more instances of soil erosion along the Cuu Long (Mekong) Delta’s many rivers and canals after the season’s first rains in recent days.

Vinalines sells incriminating floating dock at knock-down price

Vietnam National Shipping Lines (Vinalines) has completed the bid to sell its floating dock 83M for VND38.5 billion ($1.71 million), according to newswire Tienphong.vn.

Microsoft Vietnam promotes ICT training for rural students

The Ministry of Education and Training, Microsoft Vietnam and Vietnet Information Technology and Communication Center today jointly organised the launch of the “YouthSpark Digital Inclusion” projec.

Hanoi licenses $1.7 billion in major projects

 Hanoi granted investment licenses and certificates of investment registration to 23 projects on June 4, with a total value of VND36 trillion ($1.7 billion).

New policies take effect in June

A series of polices on road maintenance, investments from the social insurance, health insurance and unemployment insurance funds will come into effect from June.

Anh Vien wins bronze medal at US swim competition

 VietNamNet Bridge – Top Vietnamese swimmer Nguyen Thi Anh Vien won a bronze medal at the Arena Pro Swim Series in Indianapolis in the US yesterday, June 6.

Two players to represent Vietnam at Australian Open

 VietNamNet Bridge – Vietnam International Challenge winners Nguyen Tien Minh and Vu Thi Trang will represent Vietnam at the Xiamenair Australian Badminton Open which will start today in Sydney.

Noi Bai Airport expansion set for take off despite clearance concerns

As a result of existing overload at HCMC’s Tan Son Nhat airport and the rapidly growing travel demand, Vietnam is working on the expansion plan of Noi Bai Airport in Hanoi, which has been referred to as “the other controversial Long Thanh airport”.

General schools rush to apply bilingual textbooks

VietNamNet Bridge - Forty education departments have registered to buy bilingual (Vietnamese & English) textbooks to use at local schools.

Dung Quat refinery to calculate own oil price

 The Finance Ministry has submitted a proposal to the Government to allow Dung Quat Oil Refinery to contribute only 10 per cent in import taxes to the State budget and to calculate its own selling prices.

What’s behind Ministry’s decision to rename Red River exploitation plan?

VietNamNet Bridge - Experts believe that Vietnam needs to set up a national committee on Red River exploitation to be in charge of making decisions on issues related to water source security.

Biden announces U.S. project to promote cancer data sharing

U.S. Vice President Joe Biden said on Monday the "moonshot" initiative he leads aimed at finding cures for cancer was "the only bipartisan thing left in America" and called for more collaboration among researchers, doctors and government agencies

English-language plays staged in HCM City

 University and high school students staged plays based on English-language novels Atonement and Vanity Fair, as well as the fairytale The Nightingale and the Rose, last weekend at the Drama Theatre in HCM City’s District 1.

Three children drown while fishing in Hue

  Three children drowned this morning when they fell into a small river, where they were fishing, in the central province of Thua Thien-Hue.

Vietnam claim Aya Bank Cup

 The Vietnam national men’s football team beat Singapore 3-0 in the final of the 2016 AYA Bank Cup in Myanmar to take the trophy in the first time it attends.

Prime Minister hosts Indian defence minister

 Prime Minister Nguyen Xuan Phuc has urged the Vietnamese and Indian defence ministries to step up their cooperation in traditional areas while expanding the affiliation in new spheres, especially training young officers.

Businesses with turnover under $25 million can't access loans

VietNamNet Bridge - Small and medium enterprises (SMEs) find it difficult to get capital from the stock market or banks. They have to pay more for capital costs, because they are not priority subjects in capital contribution.