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. 

How will Apple SIM affect network operators?

VietNamNet Bridge - Apple SIM is considered a technological breakthrough, but it could be an obstacle to mobile network operators’ business.

Investment projects of powerful conglomerates lose trillions of dong

VietNamNet Bridge - A series of huge projects developed by economic groups belonging to the Ministry of Industry and Trade (MOIT) have reported losses worth trillions of dong of the state’s money. 

Hanoi calls for investment to treat domestic solid waste

VietNamNet Bridge - Hanoi needs investment to apply new comprehensive measures to sort waste at source, organize waste collection, and treat waste with modern technologies.

Vietnamese badminton pairs progress at Canada Open

 Duo Do Tuan Duc and Pham Nhu Thao advanced to the second round of the Yonex Canada Open, the badminton tournament which began in Calgary City on June 29.

Two Vietnamese swimmers claim silvers in Hungarian tournament

 Hoang Quy Phuoc and Tran Duy Khoi pocketed two silvers at an open swimming tournament in Budapest, Hungary, on June 29.

Photos honour Vietnamese dads

A photo by photographer Huynh Nam Dong - depicting a young father cuddling his premature newborn on his chest, giving him skin-to-skin contact - won first prize in the Vietnamese Dads photo contest.

PM asks for improved quality of legal documents

PM Nguyen Xuan Phuc urged ministries and sectors to ensure the progress of building legal documents as well as their quality.

Pile of work to do with incomplete documents

 Minister-Chairman of the Government Office Mai Tien Dung has called for efforts to deal with incomplete documents guiding the implementation of laws and ordinances with heed paid to ensuring their quality and feasibility.