BUSINESS IN BRIEF 22/8

 Textiles seeing FDI wave, SVB to crack down on banks violating housing loan regulations, 500 Startups to increase investments in Vietnam, HCM City determined to develop supporting industries, Bad debt grows in banking sector

60th anniversary of Vietnam-Indonesia ties celebrated

 The Vietnam Union of Friendship Organisations (VUFO) in Ho Chi Minh City held a ceremony on August 21 to celebrate the 60th anniversary of Vietnam-Indonesia ties as well as Indonesia’s 70th Independence Day. 

Sufficient textbooks ready for all students

 The Vietnam Education Publishing House has announced that textbooks for the new 2015-2016 academic year are now ready to meet the demands of students nationwide.

One step nearer to ASEAN Economic Community

 The 47th ASEAN Economic Ministers’ Meeting, taking place in Kuala Lumpur, Malaysia from August 22-25, will complete final preparations for the formation of the ASEAN Economic Community by the end of this year.

Vietnam enters Muaythai World Cup final

 Vietnamese martial arts fighter Vo Thi Thanh Truc entered the women's 48kg category final at the Royal World Cup Muaythai Tournament 2015 in Bangkok, Thailand, on August 20.

Fiscal policy, public debt are major problems, not inflation or monetary policy

VietNamnet Bridge - Concerns about public debt arose again after the Ministry of Finance (MOF) asked for VND30 trillion from the State Bank.

In pictures: Vietnamese eyes stand out in French photographer’s works

 VietNamNet Bridge - In photos by French artist Rehahn Croquevielle, you will see the innocent eyes of children and the cheerful eyes of old men and women.

Quang Ninh closes Bai Chay Tourist Wharf

 VietNamNet Bridge - Visitors to Ha Long Bay now must board tourist boats at the international pier of Tuan Chau inside the Tuan Chau Tourist Zone instead of the pier at Bai Chay port.

Image: Luxury public restroom opens in Hanoi

 VietNamNet Bridge – A luxury public toilet, the first of its kind in Hanoi, has opened at 38 Hang Giay Street.

Dien Bien stream turns blood-red because of chemicals

 VietNamNet Bridge – A stream on August 19 turned red in Thanh Hung commune, Dien Bien District in Dien Bien Province. Local residents said this was the first time it had happened.

Ben Tre woman who aged overnight passes away

 VietNamNet Bridge –  The funeral for Nguyen Thi Phuong, the beautiful woman who suddenly in the aged quickly in the town of Giong Trom, Giong Trom District in Ben Tre Province, was held on August 20.

Vietnam’s tennis star advances to Egypt F27 Futures quarterfinals

 Top Vietnamese tennis player Ly Hoang Nam qualified for the Egypt F27 Men’s Futures quarterfinals after overcoming Silverman Cameron of the United States 2-0 in their second-round meeting on August 20.

Search for miner in collapsed tunnel continues in Quang Ninh

  Hon Gai Coal Company's rescue team said today that they were still searching for a miner trapped in a coal-mine tunnel in the northern Quang Ninh Province's Ha Long City.

Photos: Phu Quoc Island covered with rubbish

 VietNamNet Bridge - Plastic bags, styrofoam boxes, food containers, and dead animals densely covers portions of the beach and riversides in the town of Duong Dong on Phu Quoc Island in Kien Giang Province.

Bangkok bomb: Thai TV apologises for bomb re-enactment

 A Thai television station has apologised for re-enacting the Bangkok blast at the Erawan shrine with a staff member dressed as the main suspect.

Greece crisis: PM Alexis Tsipras quits and calls early polls

 Greece's Prime Minister Alexis Tsipras has announced he is resigning and has called an early election.

Bank shares plunge on ‘Dong A syndrome’

VietNamNet Bridge - Banks’ share prices began to drop after rumors about the poor performance of commercial banks following the news that Dong A Bank has been put under special control.

Photos: Mu Cang Chai terraced fields acclaimed by foreign newspaper

VietNamNet Bridge - "The magnificent scenery and breathtaking beauty of the Mu Cang Chai District in Vietnam may very well and truly be the most heart-stoppingly exquisite beauty our incredible world has to offer," wrote When On Earth.

Vietnam attends ASEAN navy chiefs’ meeting

A Vietnamese delegation led by Rear Admiral Pham Hoai Nam, Commander of the Vietnam People’s Navy, is participating in the 9th ASEAN Navy Chiefs’ Meeting (ANCM-9) held in Myanmar on August 19-22.

Chicken from US qualified to enter Vietnamese market

 All frozen chicken meat from the US has been certified as meeting food safety standards of the US Department of Agriculture before they are imported to Vietnam, according to the Ministry of Agriculture and Rural Development.

U19s ready for regional challenge

 VietNamNet Bridge – The national U19 men's team left for Laos yesterday (August 20) with their eyes set on the 2015 ASEAN Football Federation (AFF) U19 Youth Championship trophy.

Fifty percent of Hanoi men addicted to smoking

 VietNamNet Bridge – Half the men in Ha Noi are addicted to smoking tobacco, according to Viet Nam Steering Committee on Smoking and Health.

Rail fares to be cut for upcoming holiday

 VietNamNet Bridge – The fares for Thong Nhat trains SE1, SE2, SE5 and SE6 between Ha Noi and Gai Gon (HCM City) will be reduced from yesterday (August 20) to September 5, Viet Nam Railways said.

Plan to pave Old Quarter streets rejected

 VietNamNet Bridge – The Hoan Kiem District Party Committee on Wednesday (August 19) asked the district People's Committee to cancel the plan to pave 11 Old Quarter pedestrianised streets with natural stones.

Police return property worth VND600 million to traveller

 VietNamNet Bridge – Police in the central Thua Thien-Hue Province on Wednesday (August 19) returned assets worth more than VND600 million (US$27,000) to a traveller from Ha Noi.