Hanoi grapples with purulence of false taxis

Authorities in Hanoi are trying to deal with thousands of taxis operating in the city, whose licenses are from other provinces.

BUSINESS IN BRIEF 1/7

Vietnam Airlines proposes VND22,300 per share in IPO; HCMC Industrial Zone to be built in Myanmar; Vietnam enjoys $6.85 billion FDI in six month'; B. Braun looks to invest extra US$270 million

EVENTS SCHEDULED FOR JULY 1-10 (daily updated)

 Updated information about cultural events in big cities of Vietnam.

Experts skeptical about Formosa’s SEZ proposal

VietNamNet Bridge – Local experts have cast doubt on a recent proposal by Hung Nghiep Formosa Ha Tinh Steel Company for establishing a special economic zone (SEZ) for steel and iron industry enjoying the most preferential incentives ever.

Time bomb laid in foreign currency credit market

The dollar lending interest rate is lower by at least 3-5% annually than the dong interest rate, which is the reason for the sharp increase in the ratio of the dollar outstanding loans on dollar deposits.

Cloned Flappy Birds turn up before imminent return of the real thing

Flappy Bird, a Vietnam-made mobile game, has been taken down from app stores by its developer. However, stories and images of the lovely bird have reappeared in sci-tech newspapers and forums these days.

Japanese encephalitis cases increase in Vietnam

Because of increasing trend of Japanese encephalitis cases in the country, Vietnamese Ministry of Health issued June 27 some warning of the disease.

Laos hydropower plant threatens Vietnam’s Mekong

 VietNamNet Bridge – Experts in Vietnam continue to voice their worries about the Lao government’s determination to build the Don Sahong hydropower dam on the Mekong River.

Organ transplants: 'Supercooling' keeps organs fresh

 A new technique can preserve organs for days before transplanting them, US researchers claim.

Signs and billboards of the economic times

 VietNamNet Bridge – These are hard times for the outdoor advertising industry. Revenue from outdoor advertisements has decreased dramatically. Billboards which once flicker nightly now remain dark and quiescent in both day and night.

News laws shut the doors to foreign buyers of bad debt

 VietNamNet Bridge – Vietnam’s recently amended bankruptcy and real estate business laws are acting at cross-purposes with the country's need to sell off its massive bad debts.

Supply of fresh finance graduates far exceeding demand

 VietNamNet Bridge – Business schools are the targets of many  [ Vietnamese students, who believe that the finance & banking sector can offer better job opportunities. But they are wrong.

Pictures: North-South railway threatened by landslide

Serious landslides along the Lam River in the central province of Nghe An pose a major threat to the safety of more than 40 north-south trains that pass this section every day, particularly during storm and flood seasons.

Hanoi determined to have five urban railway routes by 2020

 VietNamNet Bridge – From now through 2020, Hanoi will have a new urban railway route each year, and the Cat Linh - Ha Dong route is expected to be completed first, in 2016.

Quang Ngai fishermen find 800-year antiques

VietNamNet Bridge - Fishermen in the village of Binh Chau, Quang Ngai province, have found many precious artifacts allegedly 800 years old near a 700-year-old sunken ship that was excavated in 2013.

Nguyen Anh Khoi wins at Asian chess championship

 Nguyen Anh Khoi, former world U10 championship won a gold medal at the blitz event in the U12 category at the Asian Youth Chess Championship held in Uzbekistan on June 28.

India building collapse: 'Scores trapped' in Chennai

 More than 100 people are still feared trapped after a building collapsed in southern India, an official has said.

German scholar rebukes ‘Chinese dream’ in East Sea

VietNamNet Bridge – Dr Gerhard Will from the Berlin-based German Institute for International and Security Affairs has warned that China will find it difficult to realize its so-called “Chinese dream” because the scheme it contradicts

Bluechips lead nationwide gains

 Shares advanced last week, boosted by large-cap stocks on both national stock exchanges.

Important data on East Sea safe

 VietNamNet Bridge – Network security experts are concerned that the Ministry of Natural Resources and Environment might have lost important data on Vietnam’s economic secrets, national development strategies and research results about the East Sea

Vietnam considers self-certification of origin policy

Vietnamese enterprises may soon be allowed to certify the origin of goods themselves and be responsible for the certification, as the Ministry of Industry and Trade is considering implementing the self-certification of origin mechanism.

Chinese vessels keep hindering Vietnamese ships

 Chinese vessels on June 29 were arranged in two rows to prevent Vietnamese law enforcement ships from approaching the area where the oil rig Haiyang Shiyou-981 is illegal standing. 

Vietnam lauded for stellar performance as ASEAN president

 Vietnam Ambassador Le Huy Hoang has performed the role as Chair of ASEAN Pretoria Council (APC) in an exemplary manner.

Le Cong Kieu Antique Street

 VietNamNet Bridge - For a long time, the street of Le Cong Kieu, which is located behind Ham Nghi Road, has been known as the only one in Ho Chi Minh City selling various kinds of antiques.

The dangers of an ascendant China

 VietNamNet Bridge – It is incumbent on Southeast Asian countries to be stronger and more self-confident in the face of a rising China.