FDI forecast points towards deluge in Vietnam

 Foreign direct investment inflows into Vietnam are expected to spike in the coming months thanks to the new legal investment framework and free trade agreements in effect.

Beauty of Russian music in “Khachaturian and Prokofiev” concert

HCMC Ballet Symphony Orchestra and Opera (HBSO) will organize a concert called “Khachaturian and Prokofiev” at HCMC Opera House on August 9.

Vietnamese American Music Festival 2015

 Come to Vietnamese American Music Festival 2015 with two concerts on 20 and 22 Aug 2015.

BUSINESS IN BRIEF 5/8

 Mass inspections launched in garment and textile, US-dollar loan demand rises, Budget to meet 2015 estimates, Retail sales growth higher than four-year average, Foody to expand into Southeast Asia

Sacombank opens wholly-owned subsidiary in Laos

 The Sai Gon Thuong Tin Bank (Sacombank) said on August 3 that it had officially opened its wholly-owned subsidiary bank headquartered in the Lao capital city of Vientiane.

SMS campaign underway to support AO victims

 Supporters of the dioxin-affected community are able to make text-message donations through September 30.

$3.2 bln wind power plant to be built in Ca Mau

 Authorities of the southernmost province, Ca Mau, have affirmed their support of a project to construct a wind-power plant in Ngoc Hien district.

Vietnam tightens ties with political parties in Latin America

 A Party delegation led by Nguyen Viet Thao, Deputy Director of the Ho Chi Minh National Academy of Politics, paid a working visit to Mexico and attended the 21st meeting of the Sao Paulo Forum from July 29 to August 3.

Central region chefs to test their skills

 VietNamNet Bridge – The central city will host the central and north-central region qualifiers for the annual Golden Spoon Awards today and tomorrow (August 4 and 5) at the Golden Phoenix Conference Centre.

Plasma-tech waste treatment plant planned in city

VietNamNet Bridge – The HCMC Department of Natural Resources and Environment has finished appraising a waste-to-power project using thermal plasma technology proposed by Trisun Green Energy Co.

Rain, floods leave thousands without power

 The North Power Corporation under the Electricity of Vietnam said the record torrential rain and floods have affected the power supply to 27 cities and provinces nationwide.

Coast Guard seize 200,000 tonnes of smuggled lubricants

 Maritime authorities seized a barge carrying 200,000 tonnes of smuggled lubricants on Friday following a search at sea between HCM City and Tien Giang Province.

Vietnamese student wins Grand Champion award at int’l math contest

 Vu Anh Thai, an eighth grader from the Archimedes Academy Secondary School, Hanoi has won the Grand Champion award at the International Mathematics Contest (IMC) in Singapore with a score of 92/100.

Vietnam, Paraguay mark 20th anniversary of diplomatic ties

 A meeting took place in the capital city Asuncion of Paraguay on August 3 to celebrate 20 years of the establishment of the two countries’ diplomatic ties.

Expert proposes Vietnam-Myanmar railway

The director of the Vietnam Institute of Economics has suggested developing a railway linking Cai Mep-Thi Vai port in Ba Ria-Vung Tau and Da Wey Port in Myanmar to fuel Vietnam’s economic growth in general and the port complex in particular.

Youth take on sensitive topics via camera lens

 VietNamNet Bridge – A documentary film about domestic violence won Best Documentary at the 2015 Golden Lotus Bud Awards.

Five highlights of Toyota V-League 1-2015 Round 19

 Five out of six home teams won their games, Binh Duong stayed atop the standings and red cards handed out to favourite players were some notable events of Toyota V-League 1-2015 Round 19 last weekend.

Regulation on foreign experts issued

 New Circular regulates the isuing of work permits to Vietnamese people abroad and foreign experts in science and technology.

Bobbi Kristina Brown buried alongside Whitney Houston

 The body of Bobbi Kristina Brown has been taken to a New Jersey cemetery for burial next to mother Whitney Houston.

Vietnamese children ready to speak their minds

 VietNamNet Bridge – More than 190 children between 10 and 16 from 30 cities and province will gather in Ha Noi tomorrow (Aug 5) for an annual three-day forum to empower kids' voices.

India: Eleven killed in Mumbai building collapse

 At least 11 people have died after a building collapsed near India's western city of Mumbai, police say.

New faces turn up after bank restructuring

VietNamNet Bridge - In the last few years, unfamiliar names have appeared in the banking sector.

Ministry promises help for firms victimized by false tax debt info

 The Ministry of Finance has pledged to find appropriate measures to back all the enterprises which fell victim to the wrong tax debt information posted on its website last month.

Photos: Conquering the legendary Ma Pi Leng Pass

Located on a road named Hanh Phuc (Happiness) connecting the towns of Dong Van and Meo Vac, Ma Pi Leng is the name of the most treacherous mountain pass in Vietnam, in the northern province of Ha Giang, with a length of 20 km.

Social News 4/8

 Hanoi to lift clean water prices by 20pc from October, Police list names of those who owe fines, Quarry explosions damage houses, threaten residents, Illegal motorbike consumption ring razed, Vietnam to compete in WorldSkills Competition