PetroVietnam buys three Chevron subsidiaries in Vietnam

 The Vietnam National Oil and Gas Group has taken over three Chevron subsidiaries in Vietnam, namely Chevron Vietnam (Block B) Co. Ltd., Chevron Vietnam (Block 52) Co. Ltd. and Chevron Southwest Vietnam Pipeline Co. Ltd.

Chinese-Vietnamese border gates to extend hours

 Authorities of China’s Guangxi Zhuang Autonomous Region have recently announced the extension of working hours at the Youyi Guan and Dongxing border gates, counterparts of Vietnam’s Huu Nghi and Mong Cai gates, respectively, from July 1.

Lawyer believes in success of lawsuit by Vietnam AO victim in France

Lawyer Bertrand Repolt from William “Bourdon & Forestier” law firm which is representing Vietnamese French Tran To Nga in a lawsuit against 26 US chemical companies expressed his belief in the success of the case based on its convincing arguments.

Improved visa regulations to boost tourism

 Visa-related overhaul is expected to be a key remedy for the Vietnamese tourism sector, which has been experiencing continuous tourism declines in the last eleven months.

Vietnam records US$1.24 billion deficit in May

 Vietnam posted a trade deficit of US$1.24 billion in May, according to the latest figures released by the General Department of Customs (GDC).

NA deputies advocate 'right to silence' to reduce injustices

 A majority of National Assembly deputies voiced their support for the right to remain silent to reduce unjust judgement for arrestees and defendants, at the NA session discussing the Penal Procedure Code on June 17.

Aging population poses difficulties in Vietnam

 In the next ten years, ten million Vietnamese will become senior citizens, placing social welfare and middle-income-trap burdens on the country.

Lawmakers raise voices over draft criminal procedure code

 Thirty-seven legislators raised their voices over the draft revised Code on Criminal Procedures during the National Assembly’s plenary session in Hanoi on June 17.

China, Vietnam share social development expertise

 The Communist Party of Vietnam (CPV) and the Communist Party of China (CPC) commenced the 11th theoretical workshop in the Chinese city of Shanghai on June 17, sharing their experience in social management and development.

President meets journalists ahead of press day

 President Truong Tan Sang met and congratulated journalists ahead of the 90th anniversary of Vietnam Revolutionary Press Day (June 21) in Hanoi on June 17.

The charm of Mot Islet in Nha Trang

 VietNamNet Bridge – As one of the small islands in Nha Trang Bay in the central coast city of Nha Trang, Mot Islet is attractive to visitors for its breathtaking beauty.

Vietnam on list of top countries with the most engineering graduates

 VietNamNet Bridge - Vietnam ranks 10th in a list of countries with the most engineering graduates, with 100,390 engineers graduating every year.

Fund shortage hurdle for Vietnam’s HIV/AIDS fight

International aid sources for Vietnam’s HIV/AIDS prevention and control programmes will peter out by 2017, posing huge challenges for the country's fight to curb and deal with the spread and treatment of the virus. 

Vietnam’s “chaebols”: The 'gamble' of the boss of Saigon Securities

 VietNamNet Bridge – Dubbed as a “stock tycoon” after a period of "silence", Mr. Nguyen Duy Hung and his family have returned with a series of big deals.

Unseasonal fruits bring high profit to farmers in Mekong Delta

 Farmers in the Southern region harvest 4.3 million tons of fruits every year on more than 414,000 hectare of orchard garden; accordingly the region is considered the country’s major fruit exporter.

Educators make silly mistakes on diplomas

VietNamNet Bridge - Misspelled English mistakes on diplomas have been made by university education establishments, causing graduates to be rejected by employers.

Prof. Khe wants scholarship fund for music researchers

VietNamNet Bridge – Professor Tran Van Khe, one of the greatest masters of traditional Vietnamese music, has said in his will that he wants all the money donations at his funeral will be used to create a scholarship fund or award researchers

Investors jump into undersea-cable market as internet woes continue

VietNamNet Bridge - Problems with the Asia America Gateway (AAG) undersea cable linking countries to the internet has opened up opportunities for other sea-cable service providers.

Social News 18/6

Hai Phong's largest coach station shut down, Ex-official gets 12 years for murder, VN honours 100 blood donors, Bac Ninh pledges to support laid-off workers in RoK, Lower truck licence criteria sought, Hot spell damages highway

BUSINESS IN BRIEF 18/6

Time spent on customs procedures to be slashed, Power tariffs to follow market mechanism,  Japan’s electric company to increase production in Vietnam, Cement industry gets back on track, Car importers will have to pay for emissions test

Car owners to shoulder extra fee

 Apart from over 10 taxes and charges currently imposed on cars of less than seven seats, the Ministry of Finance is considering collecting a fee on fuel consumption tests from manufacturers, assemblers and importers.

Tour cancellations surge amid MERS scare

 VietNamNet Bridge – Vietnamese and South Koreans are too scared to travel given the continued spread of the Middle East Respiratory Syndrome (MERS) with an increasingly high number of tour cancellations reported.

Singapore newspaper chooses Anh Vien best foreign athlete

 VietNamNet Bridge – Singaporean New Paper on June 17 chose Anh Viet one of the best foreign athletes and the sole one who made a similar splash at the OCBC Aquatic Centre as the host athlete Joseph Schooling.

High-rise buildings in Hanoi fall into foreign hands

VietNamNet Bridge - The move of South Korean Lotte taking over Diamond Plaza has been followed by a Hong Kong fund buying Indochina Land’s projects. More deals are expected to be made this year.

Ministry of Transport stops recruiting senior managers via exams

 VietNamNet Bridge - Minister Dinh La Thang has decided to stop organizing examinations to recruit the heads of some transport agencies under the direction of the Politburo.