Vietnam pays heavy price for petrochemistry industry

VietNamNet Bridge - Vietnam has vowed to develop its petrochemistry industry and has spent a great deal of money on doing so.

Money in, money out

Non-life insurers performed will in the opening months of this year but rising payouts means the sector is still in a modest position. 

Mobile network operators promise to strengthen signals

VietNamNet Bridge - Mobile network operators blame the low 3G service quality to people’s unregulated use of signal amplifiers. Meanwhile, people say they have to use the amplifiers because of weak mobile waves.

Poor without fresh water as multi-billion water supply works left idle

VietNamNet Bridge - Billions of dong have been poured into clean water supply works, but local people living nearby still don’t have clean water.

IMO 2015: winners of 2015 math Olympiad from poor families

VietNamNet Bridge - Two Vietnamese students who won gold medals at the 2015 International Mathematical Olympiad (IMO) are from poor families.

PM Cameron: huge untapped potential in UK-Vietnam trade ties

 UK Prime Minister David Cameron has granted an exclusive interview to VietnamPlus, the online newspaper run by the Vietnam News Agency, ahead of his upcoming visit to Vietnam slated for July 29-30.

From Bach to the Blues, Chamber music festival back in HCMC

 VietNamNet Bridge – A night of music, From Bach to the Blues will kick off the 2nd Saigon Chamber Music concert series in HCM City.

Watermelons stay fresh for six months

 VietNamNet Bridge - Some families in southern Vietnam have reported that watermelons they bought many months ago are still fresh. They have sought an explanation from relevant agencies.

BUSINESS IN BRIEF 29/7

 Indian plastic firms want bigger share in fast-growing Vietnam, Mobile commerce grows fast in Vietnam, Vietnam leather industry faces tough challenges, SBV explains changes to personal loan limit

UK Prime Minister’s Vietnam visit to deepen strategic partnership

The official visit to Vietnam by UK Prime Minister David Cameron from July 29-30, the first-ever by a British Prime Minister, is expected to intensify and deepen the two countries’ strategic partnership that has grown in recent years.

Young Vietnamese comes second at Euregio Piano Award

 Young Vietnamese pianist Luu Hong Quang recently took second place at the 3rd Annual International Piano Competition, Euregio Piano Award 2015.

Mui Ne among world’s top 10 best sandboarding destinations

 Mui Ne Dunes in the southern pronvince of Binh Thuan, Vietnam has ranked second among the top 10 best sandboarding destinations in the world, according to the Wonderlist website.

Vietnamese short film won over BiFan 2015 audiences

 A Vietnamese short film titled The Scent of Fish Sauce was screened on July 16-26 at the 19th Bucheon International Fantastic Film Festival (BiFan 2015) in the Republic of Korea.

Defense Minister Phung Quang Thanh appears on live TV program

VietNamNet Bridge – Defense Minister General Phung Quang Thanh in Monday evening, July 27, appeared in an art program held at the conference hall of the Ministry of Defense. It was broadcast live on national television channel VTV1.

Vietnamese stock market now attractive to foreign investors

Vietnam is emerging as one of the most attractive emerging markets, as reported in many foreign newspapers and financial newswires, after the government of Vietnam lifted the foreign ownership ratio ceiling in unconditional business fields.

Vietnam spends $463 million on imported pesticides

In the past seven months, Vietnam imported insecticides and materials worth ($463 million) and 2.4 million tons of fertilizer, totaling over $789 million.

Image: Torrential rain costs Quang Ninh nearly $23 mil

 An unusual two-day torrential rainfall of 574mm to 828mm hit the northeastern Quang Ninh Province on Sunday, causing estimated losses of more than VND500 billion (US$22.9 million).

Sepp Blatter deserves Nobel Prize, says Vladimir Putin

 Fifa president Sepp Blatter deserves a Nobel Prize, says Russian president Vladimir Putin.

New climbing routes open in Quang Binh

 This highest partly-artificial climbing routes in Vietnam are expected to attract more international tourists to the region.

Social News 28/7

Quang Ninh to repair flood damage after torrential rain, Experts tell Laos, VN, Cambodia to study border issues, Da Nang debuts fishing logistics fleet, VN, New Zealand continue co-operation on food safety

Viettel reaching out over Africa

 Investments in the continent performing strongly with research now being conducted in other markets.

Malaysia PM Najib Razak sacks deputy over 1MDB scandal

 Malaysia's Prime Minister Najib Razak has replaced his deputy amid a continuing financial scandal.

Vietnam stock market growth highest in world

In the past three months, the Vietnam stock market grew 11.58%, far exceeding the 7.81% growth rate of the Mongolian stock market, the 5.96% rate of China and the 4.72% rate of Greece. This was the highest rate in the world, according to Indexq.org.

Images: The resting place of 10 heroic girls at Dong Loc T-junction

Dong Loc intersection is closely associated with the sacrifices of the 10 young girls. Their sacrifices have become a legend in the anti-US war and throughout the national liberation struggle.

Hanoi earns nearly $50,000 from timber of felled trees

VietNamNet Bridge - Hanoi has grossed over VND1 billion (nearly $50,000) from the auction of timber from trees that were cut down on the roads of Nguyen Trai, Thanh Xuan, Giang Vo and Nguyen Chi Thanh.