Tien Minh says goodbye to Vietnam Open GP 2015

 Vietnam has had all of its players knocked out of the ongoing Yonex Sunrise Vietnam Open Badminton Grand Prix 2015 in Ho Chi Minh City after its last representative, Nguyen Tien Minh lost 1-2 to Malaysia’s Chong Wei Feng.

Three new Deputy General Directors for Viettel

  Appointees to bolster group's three key pillars of telecommunications, domestic IT, and foreign IT.

Google introduces cloud platform to Vietnamese start-ups

Google and Gimasys introduced the Google Cloud Platform to Vietnamese start-ups on August 26, especially those operating in e-commerce.

Gia Lai, Binh Duong in important win at V-League

 Hoang Anh Gia Lai gave themselves a chance of staying in V.League 1 while Becamex Binh Duong moved a step closer to winning the title after their victories in the 23rd round yesterday.

Nam knocked out in Egypt F28 Futures

 Top Vietnamese tennis player Ly Hoang Nam was knocked out in the first round of Egypt F28 Futures tennis tournament on August 26.

Japanese culture, cuisine and art festival opens in Da Nang

 Hundreds of Vietnamese and Japanese residents in Da Nang and Hoi An participated in the annual Viet Nam-Japan Culture Exchange at the city's Administrative Centre Park yesterday.

Free music gala in HCM City to celebrate National Day

 More than 40 singers and theatre artists will perform at a free gala performance, Vietnamese Youth-the Story of Peace, in HCM City next week to celebrate the 70th anniversary of the country's National Day (September 2).

Malaysian, Vietnamese artists depict feminism, social issues

 Female Malaysian and Vietnamese artists shared their take on feminism and other pressing social issues at the first joint exhibition being held in downtown Ha Noi.

Foreigners can own 100% of SSI shares

  The State Securities Commission (SSC) on Thursday approved Sai Gon Securities Incorporate (SSI)'s decision to raise foreign ownership in the company's capital to 100 per cent from September.

Inter-bank trading increases, says SBV

 Transactions in the inter-bank market increased significantly over the last week due to rising demand, the State Bank of Viet Nam (SBV) reported.

Vietnam-RoK Professional Boxing Tournament to open in October

 The Vietnam – Republic of Korea Professional Boxing Tournament will take place on October 3 at Nguyen Du Gymnasium in Ho Chi Minh City, according to organisers.

UK firm makes master design for Dung Quat oil refinery’s expansion

The UK’s Amec Foster Wheeler Energy Limited (Foster Wheeler) has been hired to outline a master design for the project to expand and upgrade the Dung Quat oil refinery, which is expected to increase its capacity to 8.5 million tonnes per year.

HCM Police stop fight between armed gangs

 HCM City Police 113, a rapid response force, arrested four people involved in a violent gang clash, though six suspects escaped.

Newspapers fined for ‘untrue news'

 The Ministry of Information and Communications has issued a decision to fine two newspapers for publishing untrue information.

VN State to free more than 18,000

 More than 18,000 inmates in prisons and detention centres across Viet Nam are set to be released early, with 34 foreign inmates among them.

PM asks for building of international-level universities

 The Prime Minister has urged upgrades of Hanoi National University and Ho Chi Minh City National University to exceptional tertiary education facilities towards regional and international standards by 2020.

Overseas Vietnamese glad to return home on National Day

 Many Vietnamese expatriates have expressed their delight to return home on the occasion of the 70th anniversary of the August Revolution (August 19) and National Day (September 2).

VN President to attend anti-fascist war victory in China

 State President Truong Tan Sang will travel to China to attend the 70th anniversary of the global anti-fascist war victory on September 3, according to a Foreign Ministry press release.

President’s decision on amnesty announced

 The President’s Decision on Amnesty was announced at a press conference in Hanoi on August 28 on the occasion of the 70th anniversary of the August Revolution (August 19) and National Day (September 2).

Vietnam Coast Guard High Command celebrates 17th birthday

 The High Command of the Vietnam Coast Guard (VCG) was bestowed the title “Hero of the People’s Armed Forces in the Reform Period” at a ceremony marking its 17th founding anniversary in Hanoi on August 28.

Vietnam, China hold fifth negotiation round on cooperation at sea

 Working groups of Vietnam and China held the fifth round of negotiations on cooperation for mutual development at sea in Liaoning province (China) from August 25-27.

President receives outgoing Nigerian Ambassador

 President Truong Tan Sang spoke highly of the contributions made by Nigerian Ambassador to Vietnam Mazi Okafor Matthias Ojih to enhancing bilateral relations between two countries during his tenure in Vietnam.

How many special economic zones does Vietnam need?

Three special economic zones (SEZ) in Van Don (Quang Ninh province), Van Phong (Khanh Hoa) and Phu Quoc (Kien Giang) are still on paper, while HCM City is moving ahead with a plan to set up an SEZ there.

Social News 29/8

 Fine might up to $1,800 for overloaded vehicles, Fishermen still missing in Binh Thuan province, Vietnam labor productivity far behind ASEAN countries, Traffic accidents claim 5,821 lives in eight months

Vietnam has reasons not to sharply devalue the dong

VietNamNet Bridge - If Vietnam devalues the dong sharply, regulatory agencies will find it difficult to implement the plan to slash medium- and long-term bank loan interest rates, and the public debt will become worse.