Changing legal landscape for foreign firms

At present, it is difficult to say with certainty what constitutes a foreign invested enterprise under Vietnamese laws. Some legislation currently in effect suggests that any amount of foreign ownership constitutes a foreign invested company.  

Dong Mai villagers live in fear of lead poisoning

VietNamNet Bridge - The children in Dong Mai Village of Hung Yen province exposed to lead poisoning are expected to receive medical treatment but they may become ill again as their living environment cannot be improved.

Untold stories about two Vietnamese physics gold-medal winners

One of the two Vietnamese students winning the gold medals at the 2015 Asian Physics Olympiad is a “hot gamer”, while the other is “Number 1 rough-paper saver”.

Vietnam invents world’s first mugwort injection machine

VietNamNet Bridge - A Vietnamese herb doctor has successfully invented a machine which treats common diseases with mugwort (Artemisia vulgaris) leaves – a medicinal herb common in Vietnam.

Wood chips turned into jewelry

 VietNamNet Bridge – Wood chips seem to be useless, but Pham Nguyen Khoa, the owner of Lady Noname shop in HCMC’s District 1, has succeeded in using them to create jewelry and other items for decoration.

Social News 16/5

Eleven to be prosecuted for attacking officers, Black tomato harvest begins, fans pay high prices, HCM City gets electric buses, Tens of thousands of private abattoirs remain uncontrolled, Hanoi police capture cyber-criminals

Foreign investors eye Vietnamese beverage market

 An increasing number of foreign giants are eying the beverage market in Vietnam due to the country’s young population boom and high demand for fizzy drinks.

US-VN sister cities initiative launches with focus on business resilience

 VietNamNet Bridge - The United States Agency for International Development (USAID) and its partner, Peace Winds America, have launched the Sister Cities Disaster Preparedness Program in Vietnam.  

BB King, the King of Blues, dies at 89

 The "King of the Blues", guitarist and singer BB King, has died aged 89.King, known for his hits My Lucille, Sweet Little Angel and Rock Me Baby, died in his sleep in Las Vegas.

Why was Vietcombank chosen to issue $1 billion in bonds?

Though Vietcombank is not the only large and powerful commercial bank in Vietnam, it was still chosen by the State Bank as the buyer in a deal issuing $1 billion worth of government bonds in dollars.

Nepal earthquake: Wreck of missing US helicopter found

The wreckage of a US military helicopter that disappeared this week while delivering aid near the Chinese border in Nepal has been found. 

Indonesian fishermen tow migrant boat to Aceh

 More than 600 migrants from Bangladesh and Myanmar stranded at sea have landed in Indonesia's Aceh province, after being rescued by local fishing boats.

Hanoi's high-school girl - a representative of new generation of sound artists

VietNamNet Bridge – Visitors to the Ha Noi Sound Stuff Festival witnessed the development of a new generation of Vietnamese sound artist through performances by Nguyen Hong Nhung.

On-site bonus fund mobilised for VN medallists at 28th SEA Games

A programme entitled ‘Light up the faith in victory’ was announced, aiming to raise an on-site bonus fund for the Vietnamese athletes who perform outstandingly at the 28th SEA Games, scheduled to take place in Singapore from June 5 to 16.

Vietnam, Thailand to open road for travelers

 Vietnam and Thailand have agreed to open a road route for travelers between from Thailand’s Nakhon Phanom and Vietnam’s central Ha Tinh Province.

Thousands of outdated vehicles found still being used in VN

 Thousands of outdated cars and trucks have been found in use in central Thanh Hoa Province and Central Highlands Province of Gia Lai, reported the Viet Nam Register yesterday.

Vietnamese student wins world chess championships

 Vietnamese student Nguyen Le Minh Phu won a gold medal at the U7 blitz event at World Schools Chess Championships 2015 which took place in Thailand from May 6-14.

Old French-style villas in Hanoi’s suburb

 Cuu village in Van Tu commune, in Hanoi’s outlying district of Phu Xuyen boasts of many old French-style villas which were built between 1920-1945. House owners were villagers who worked as tailors for French residents in that period.

French, Vietnamese models showcase Ao Dai in Paris

French and Vietnamese models recently took to the catwalk on a four-day fashion show on Ao Dai designed by Ngo Nhat Huy. The event is within the Paris fair 2015 from April 29 to May 29.

Fire claims 12 ha of forest in Ca Mau

 A fire stemming from prolonged intense heat engulfed 12 hectares of the U Minh Ha forest in the southernmost province of Ca Mau at 12 am on May 14.

2nd Vietnam-China border defence friendship exchange begins

 The Second Vietnam-China border defence friendship exchange is being held in the northern mountainous province of Lao Cai and Yunnan province of China from May 15-18.

Investors rush to set up real-estate firms to dodge new regulation

VietNamNet Bridge - The number of newly established real estate firms in the first quarter of 2015 soared by 50 percent compared with the same period years before.

Vietnamese & Thai paintings at “Choose to Move”

 VietNamNet Bridge – The selected artworks by two Vietnamese and a Thai painter are on display at the exhibition “Choose to Move”, held at Saigon Domaine, 1057 Binh Quoi, Ward 28, Binh Thanh District, HCM City.

Close-up of luxury public toilets for free in Da Nang

 VietNamNet Bridge – The largest city in central Vietnam has opened a series of five-star public toilets to serve tourists and local people.

BUSINESS IN BRIEF 15/5

 Masan Food gets a Cholimex snub, Vietnam shrimp industry has ‘turned the corner’, State capital ownership to be transferred to SCIC, Work starts on 100 mln USD telecom equipment factory, Australia to import fresh lychees from Viet Nam