SBV approves Techcombank acquisition

 The State Bank of Viet Nam (SBV) approved Viet Nam Technological and Commercial Joint Stock Bank's (Techcombank) proposal to acquire Viet Nam Chemical Finance Joint Stock Company (VCFC).

Police arrest 5 for throwing stones at buses

 Police in Tay Nguyen (Central Highlands) province of Kon Tum's Dak Glei District have arrested five suspects who allegedly threw stones at passenger buses on a national highway in Dak Glei District.

Prostitution, drug abuse on the rise in HCM City

Prostitution and drug abuse, particularly the use of amphetamines, have increased in the last five months in HCM City, Tran Ngoc Du, head of the city's Social Evils Prevention Division, warned at a workshop held in HCM City on Thursday.

Truong Sa Archipelago cruises debut

 Travellers will now have the opportunity to experience the serenity and tranquillity of the Truong Sa archipelago with its spectacular views – truly a unique island paradise – courtesy of tours to begin later this month.

Vietnam wins nine more golds, breaking three SEA Games records

Vietnam enjoyed a flurry of gold medal on June 6 – the first official competition day of the 28th SEA Games – with nine won in swimming, gymnastics, racewalking, fencing, judo and petanque, as well as three new records established.

Vietnamese cyclists on a quest for gold

 Vietnamese cyclists will leave for Singapore next Monday with the aim of winning two gold medals at the 28th Southeast Asian Games.

One Vietnamese teacher to join 2015 Honeywell Educators @ Space Academy

Over 200 teachers from around the world, including one from southern Vietnam, are gearing up to take the trip of a lifetime to Honeywell Educators @ Space Academy.

Six railway officials face charges for Japan ODA project-related bribery

The police recommended charges against six officials working for the state-owned railway operator for allegedly taking a US$562,000 bribe from a Japanese company.

10 Vietnamese found lock inside trucks at UK port

 UK border agents found 68 people, including 15 children, locked in containers aboard four trucks that had arrived from the Netherlands at a port in Essex, CNN quoted UK authorities as saying on June 5.

Philippines buys 150,000 tonnes rice from Vietnam

 The Philippines agreed to buy 150,000 tons of rice from Vietnam in a tender on June 5 and could import additional volumes to avert a potential spike in prices of the staple if adverse weather threatens the local crop.

National Assembly debates wrongful convictions

 National Assembly deputies discussed a Standing Committee report on wrongful convictions and compensation for those involved on June 5.

G7 to express concern over East Sea

 Group of Seven leaders will express their concern over any unilateral action to change the status quo in the East China Sea and East Vietnam Sea amid tensions between China and a number of Asian countries, Japan's Yomiuri newspaper said on June 6.

MERS-CoV rapid-response teams set up in four major regions

 As part of precautions against MERS-CoV, the Health Ministry established four rapid-response teams in the northern, southern, central and Central Highlands regions on June 5.

Vietnam’s BPhone uses Chinese positioning technology

VietNamNet Bridge - BPhone, the only high-end smartphone developed by a Vietnamese company, uses Chinese global positioning technology Beidou, Global Positioning System (GPS) from the US and Glonass from Russia.

Regional games open with a bang

 The 28th Sea Games flame was officially lit on June 5.

Vietnam, Singapore bolster culture-tourism-sport affiliation

 Vietnamese Minister of Culture, Sports and Tourism Hoang Tuan Anh met with President Tony Tan Keng Yam and Prime Minister Lee Hsien Loong of Singapore on the sidelines of the opening ceremony of SEA Games on June 5.

Banks up VND deposit rates to improve liquidity

 Many banks have raised deposit rates over the past few weeks to improve liquidity amid the pressure of a stronger US dollar.

Study: Vietnam’s FDI attraction unrelated to low energy price

EuroCham, EuroCham GGSC and IISD announced the results of their study to determine the position of foreign direct investors toward energy pricing and supply policy in Vietnam on June 5.

Technical barrier required for foreign traders

 Experts voiced their concerns over vulnerable farmers and agribusinesses that are likely to lose in their own home market as several free trade agreements effective early this year have stimulated fiercer competition.

BBG's deputy general director detained

 The Ho Chi Minh City Police on June 4 detained another member of BBG financial group to look for evidence of illegal trading activities.

The facts behind the report on a 50-percent reduction in housing inventory

VietNamNet Bridge - The Ministry of Construction (MIC) reported that the real estate market has warmed up as apartments have been selling well, thus reducing the inventory considerably. However, analysts have expressed doubt about the figures.

First dioxin detoxification centre opens in Central Highlands

 The Centrals Highland province of Gia Lai’s Association for Victims of Agent Orange (AO)/Dioxin inaugurated a detoxification centre for AO victims, the first of its kind in the province, on June 5.

300kg bomb defused in Binh Phuoc province

 Sappers in the southern province of Binh Phuoc on June 6 deactivated a 300kg bomb in Tan Binh ward, Dong Xoai town, Binh Phuoc province.

Illegal residents in RoK can repatriate without punishment

 Vietnamese nationals illegally residing in the Republic of Korea (RoK) now can return to their homeland without paying penalty fines or being detained under a voluntary repatriation programme.

Vietnam, Bulgaria issue joint communiqué

 Vietnam and Bulgaria issued a joint communiqué on the outcomes of Prime Minister Nguyen Tan Dung’s official visit to Bulgaria.