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Southern region set for heat wave

With the cold high pressure system weakening and moving east and a subtropical high pressure system crossing the south, there will be a heat wave in the south, including HCM City, until May.

Chinese gang get up to 42 months in jail over bank card scam

 The People’s Court of Hanoi on March 14 sentenced three Chinese men, all from Jiangxi province, to up to 42 months in prison for using fake bank cards to steal cash from ATMs.

VN win second match at Junior Davis Cup

Vietnamese players continued their good performance at the ongoing Junior Davis Cup pre-qualification, Asia-Oceania zone, in Colombo, Sri Lanka.

Female Indian motorcyclists arrive in Vietnam

 A group of four female motorcycling enthusiasts from India have reached Vietnam as part of their journey to cover UNESCO World Heritage Sites in seven nations along Mekong River.

Second Japanese investment wave to stem from SMEs

 Domestic firms must prepare for more opportunities in the future as a new wave of Japan’s investment into Vietnam is expected to stem from Japanese small- and medium-sized enterprises (SMEs).

Vietnam to review long-delayed projects

 The withdrawal of the $3.2-billion Vung Ro refinery and petrochemical complex shows that Vietnam needs to review large-scale projects and withdraw long-delayed projects, especially those of foreign direct investment (FDI).

Amazon, Alibaba entry into Vietnam shakes up market

VietNamNet Bridge - The news that Amazon, the world’s biggest online retailer, is arriving in March has stirred up the retail community.

Saigon Players stage Shakespeare in Saigon

 VietNamNet Bridge – The Saigon Players, an English-language theatre group, will stage the comedy Shakespeare in Saigon by Australian director Cernarth Fox from March 15-17.

HCM City allocates $1.6m for rural vocational training

 VietNamNet Bridge – HCM City plans to earmark more than VND38 billion (US$1.6 million) this year providing free vocational training for people living in rural areas.

Eight fishermen rescued from distressed ship

 Search and rescue forces have rescued all eight fishermen from a stranded fishing vessel in central Nghe An Province.

Vinafood II raises $51 mln selling 23 percent of stakes in March IPO

 The State-run Vietnam Southern Food Corporation (Vinafood II) raised nearly 1.16 trillion VND (51.1 million USD) from selling 22.97 percent of its stakes at an initial public offering (IPO) on March 14.

Vietnam likely to export 6.5 million tonnes of rice in 2018

 Vietnam likely to export 6.5 million tonnes of rice in 2018

Domestic businesses expect positive impacts by CPTPP

 Many domestic businesses expect the newly signed CPTPP will bring positive effects on Vietnam through the expansion of export market along with access to the abundant materials sources in CPTPP member countries. 

VN-Index fails to reach 1,140 points despite vibrant transactions

Although the stock market experienced vibrant transactions with total value of $368.7 million on both bourses on March 14, the VN-Index of the Ho Chi Minh Stock Exchange failed to hit the threshold of 1,140 points.

PM Phuc visits Australian National University

 Prime Minister Nguyen Xuan Phuc visited the Australian National University (ANU), one of the world’s top ten research universities, right after his arrival in Canberra on March 14 (local time). 

2017 Fair Play Award winners announced

 Striker Nguyen Van Toan of Hoang Anh Gia Lai FC won the 2017 Fair Play Award at an annual event organised by Ho Chi Minh City Law newspaper in HCM City on March 14.

Gov’t Inspectorate proposes investigation into Mobifone’s purchase of AVG

The Government Inspectorate has announced conclusion of its inspection of the acquisition of AVG by State-owned communications giant Mobifone, and proposed starting legal proceedings and investigation into the case.

HCM City to speed up rehabilitation of old buildings

 VietNamNet Bridge – Slow disbursement of fund has affected the renovation of dilapidated apartments in HCM City, according to authorities.

Ho Chi Minh City looks to develop sea-based economy

 As the country’s largest economic hub, Ho Chi Minh City plans to enhance its sea-based economy as part of its strategy to develop the city.

Defence Minister welcomes Cambodia’s interior ministry official

 Vietnam and Cambodia should promote collaboration in delegation exchange, and training, thereby tightening sound solidarity, neighbourliness, traditional friendship and comprehensive cooperation between the two countries.