US Assistant Secretary to visit Vietnam

US Assistant Secretary for Arms Control, Verification and Compliance Frank A. Rose is due to tour Vietnam along with three Northeast Asian countries from July 5 – 16, the US Secretary of State announced on its website on July 2.

Another billion dollar steel project on verge of bankruptcy

 Taiwanese E-United Group is unable to provide capital for Guang Lian steel project in the central province of Quang Ngai, putting it on the verge of bankruptcy, according to a source from the Ministry of Planning and Investment.

Two VN teams draw big crowds

VietNamNet Bridge – Football Channel Asia, a popular website for continental football, has ranked two Vietnamese football clubs in top 10 doe highest average attendances in Southeast Asia. 

BP to pay £12bn for Gulf oil spill

BP has reached an $18.7bn (£12bn) settlement with the US Department of Justice (DoJ) following the 2010 Gulf of Mexico oil spill.  

Bahnar, Jrai music to be performed in Finland

VietNamNet Bridge – A group of folk musicians from Bahnar and Jrai ethnic groups from Gia Lai Province in the Central Highlands will perform at festivals in Finland from now to July 9. 

Japanese pouring more money into Vietnam real estate

VietNamNet Bridge - Have the Japanese been too slow to invest in Vietnamese real estate market? The current merger & acquisition (M&A) wave indicates ‘no’.

Asia shares down on 'far from great' US jobs report

 Shares in Asia were trading in negative territory on Friday after a mixed jobs report from the US, which was described by analysts as "solid but far from great".

Chinese traders suddenly stop buying VN litchis

 VietNamNet Bridge – The price for Bac Giang litchis dropped to VND3,000-VND15,000 per kilo after Chinese traders unexpectedly stopped purchasing litchis in Bac Giang province.

Hung, Tung quit as national coaches

VietNamNet Bridge – Coach Nguyen Manh Hung has decided to leave the national men's volleyball team, and Thai Thanh Tung who coaches the women's squad has also announced his plans to step down.

State to sell 51% stake in Cam Ranh Aviation Commercial JSC

 The Airport Corporation of Viet Nam (ACV) will open the sale of 510,000 State-owned shares (51 per cent) in Cam Ranh Aviation Commercial JSC, HCM City, on July 16.

Piano duet highlight of youth concert

VietNamNet Bridge – Four talented musicians from Viet Nam, Poland and Hungary will perform together for the first time in Viet Nam this weekend.

Vietnam Airlines prepares to become 4-star airline

 VietNamNet Bridge - Investing heavily in new-generation aircraft and concentrating on upgrading the quality of services are part of Vietnam Airlines' efforts to upgrade its position in global airline rankings.

US billionaire amazed at Vietnam’s economic change

 VietNamNet Bridge - Foreign investors see Vietnam as a safe country and an attractive destination of international capital flows, especially in the field of manufacturing and real estate.

Image: Vietnam’s fourth submarine enters Cam Ranh Military Port

Experts completed technical inspections of the fourth Kilo-submarine named HQ-185 Da Nang at noon on July 2. The submarine safely docked at the military port of Cam Ranh in the south-central province of Khanh Hoa.

Photos: Three injured in Saigon thunderstorm

 VietNamNet Bridge – On July 1 late afternoon, a thunderstorm swept through HCM City. Many old trees were uprooted, crashing into cars and walls. At least seven motorcycles were destroyed and two people were injured.

Vietnamese ao dai show in Berlin

 A traditional long tunic (Ao Dai) fashion show designed by Lan Huong was held in Berlin, Germany on July 2nd as part of various events celebrating 40 years of relations between Vietnam and Germany.

Vietnam set to host first Belly Dance competition

 The first Vietnam Belly Dance Festival Competition is to take place at the SC VivoCity Shopping Mall in Ho Chi Minh City on July 11-12.

Former US President Bill Clinton makes fifth visit to VN

 Former US President Bill Clinton attended a ceremony celebrating 20 years of normalized Vietnam - US diplomatic ties in Hanoi on July 2nd. This is the fifth time he has visited Vietnam.

Strong capital flow to property sector raises concerns

VietNamNet Bridge - The State Bank of Vietnam reports that loans disbursed to the real estate sector have soared recently. 

Increased State funding for Binh Dinh space science complex

The Prime Minister has approved an increase in State funding for a space science complex in the central coastal province of Binh Dinh, which is expected to cost a total of over 171.1 billion VND ($8.1 million).

VN defeats Japan at Japan-Mekong U-15 Football Exchange 2015

 Vietnam’s U-15 football team defeated Japan’s U-15 Vissel Kobe FC 3-0 on the first day of the Japan-Mekong U-15 Football Exchange 2015 on July 1, which is currently taking place at the J Green Sakai Centre in Japan.

Artefacts unearthed in central city of Da Nang

 More than 4,500 items, including ceramics, stone axes, coins, mollusc shells dating back to the 3,000-year-old Sa Huynh Culture, were found during a two-month excavation in the garden of the Khue Bac Communal House in Da Nang.

Hue garden houses to get face-lift

 The central province of Thua Thien – Hue will set aside at least 5 billion VND (over 230,000 USD) to restore 3-5 typical garden houses between 2015 and 2020.

VN-Laos-Cambodia clampdown on cross-border human trafficking

 Vietnam, Laos and Cambodia have launched a three-month crackdown on human trafficking along Vietnam’s borders through September, given the recent complications with the issue.

Fewer road accident deaths in VN in H1

 The number of traffic accidents in the first half of 2015 fell 12.85 percent year on year to roughly 11,180 cases, killing almost 4,480 people and injuring nearly 10,150 others, down 4.5 percent and 17.24 percent, respectively.