$21 billion in ODA capital not disbursed

 Deputy Prime Minister Hoang Trung Hai has directed ministries and agencies to quickly issue policies to address the situation whereby ODA and preferential loans cannot be disbursed.

Small Vietnamese retailers fear 7-Eleven’s entry in market

VietNamNet Bridge - 7-Eleven’s plan to open its first convenience store in Vietnam by 2017 has not been welcomed by small Vietnamese retailers.

Vietnam websites under heavy attack

 More than 700 websites in Viet Nam, including 18 Government websites, were attacked in the first week of August, the Viet Nam Computer Emergency Response Team (VNCert) reported.

Sai Gon Port plans share sale to banks

 Sai Gon Port Company Limited will sell some 35.7 million shares to VietinBank and VPBank, which it plans to select as its strategic investors, during an auction on August 28.

Chinese steel may flood VN market

 After the strong depreciation of the Chinese yuan, steel industry insiders have warned local steel producers that Chinese steel products could flood the Vietnamese market, causing difficulties for them.

Banks run out of credit quotas

 Many large-sized commercial banks have no scope for credit growth in the last months of the year, as they have used nearly all the quota allowed by the central bank.

The surprise secret of the 'blood-red stream' in Dien Bien

 VietNamNet Bridge – The Investigation Agency has said that Ms. Nguyen Thi Ngoc, 53, a votive money maker, created the "blood-red stream" in Dien Bien.

Images: Funny paper items for the dead

Seeing votive paper products for the dead like AK rifles, funeral trumpets, cameras, excavators, jeeps ... produced at the village of Dong Ho in Thuan Thanh district, Bac Ninh Province, many people have burst into laughter.

1,500 Vietnamese passengers not allowed to enter Singapore, Vietjet calls for help

 VietNamNet Bridge – In the first half of this year, 1,515 Vietnamese passengers of Vietjet Air were denied entry into Singapore without clear explanation.

Image: 200-year-old house of three generations in Thanh Hoa

 VietNamNet Bridge - Just a few hundred meters from the Ho Dynasty Citadel, a World Heritage site, an ancient house in Tay Giai Village has also been recognized by UNESCO as one of the the top 10 traditional houses in Vietnam.

Dray Nur Waterfall- symbol of beauty in the Central Highlands

 VietNamNet Bridge – With its romantic mysterious beauty, Dray Nur Waterfall in Dak Lak Province is closely associated with many legends of the Central Highlands. The waterfall has become a popular tourist destination.

Unique bonsai gardens in Hanoi

 VietNamNet Bridge - With boundless passion, some gardeners in Hanoi have created unique ornamental gardens, worth millions of US dollars.

Will Apple set up a legal entity in Vietnam?

VietNamNet Bridge - Apple is reportedly following administrative procedures to set up a business in Vietnam. Opinions from well-informed circles say Apple has been working in Vietnam for about one year and has nearly 100 workers.

Pine trees destroyed every day in Gia Lai

VietNamNet Bridge - Pine trees in Gia Lai Province are pierced with holes so they will die slowly. Then the trees are cut down to clear land for growing pepper and lemon.

Opening ceremonies scheduled for new academic year

VietNamNet Bridge - The 2015-2016 new academic year opening ceremony will take place on September 5, 2015, Pham Ngoc Phuong, chief secretariat of the Ministry of Education and Training (MOET) has announced.

Image: Silkie chickens attract wealthy customers in Vietnam

 Silkie chickens are becoming a favourite pet for many Vietnamese wealthy families, with a six-month waiting list for the birds.

BUSINESS IN BRIEF 24/8

 Survey finds optimistic outlook for Q3, Exports at $6.68 billion in first half of August, $154 million in 20-year goverment bonds issued in July, PVN acts to offset oil price fall, HCM City sees funding for transport projects tripling in 2016-2020

Local firm caught importing tusks

 Local police on August 21 seized 2.2 tonnes of tusks smuggled into Vietnam from Nigeria.

Eco-friendly tour launched at Tram Chim National Park

 A green sight-seeing tour was launched at Tram Chim National Park in Tam Nong district, the Mekong Delta province of Dong Thap, on August 22.

Tennis: Nam reaches semis at Egypt F27 Futures

 Vietnam’s top tennis player Ly Hoang Nam reached the semi-final stage at the Egypt F27 Men’s Futures, which is taking place at Sharm El Sheikh town in Egypt.

Representative of Vietnam elected as AFF deputy chairman

 Tran Quoc Tuan of Vietnam was elected as Deputy Chairman of the ASEAN Football Federation (AFF) for the 2015-19 term during the federation's 22nd congress held in Yangon, Myanmar on August 22, according to the Vietnam Football Federation (VFF).

Int’l organisations laud SBV exchange rate adjustment

 International organisations lauded the exchange rate and amplitude adjustments made by the State Bank of Vietnam (SBV) as a timely and appropriate move to cushion external shocks.

Vietnam’s gold consumption falls 23 percent

 Vietnam's gold consumption in the second quarter reached 14.5 tonnes, down 23 percent in comparison with the first quarter, according to a report on gold trends released recently by the World Gold Council.

HCM City canal may be upgraded for $234 million

 The Department of Planning and Investment of Ho Chi Minh City has asked permission from the city government to upgrade the Xuyen Tam Canal under the form of a Public-Private-Partnership (PPP) agreement.

Book on Vietnam’s martial art translated into French

 A French edition of the first book on the history of the Vietnamese martial art made its debut on August 22.