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Vietnam advised to apply flexible policies on exchange rate

 The US-China trade war and the fall in the Chinese Yuan post big impacts for the world economy, including Vietnam. Some experts have said Vietnam should employ flexible exchange rate policies in response.

Rice export sees huge opportunities from traditional markets

 Vietnam’s rice export has posted remarkable figures in the first half of 2018, and the sector expects business to get better in the remaining months of the year as the country’s traditional rice markets are increasing import. 

Hanoi cyclo driver denies votive money cheat accusations

 A cyclo driver in Hanoi has denied having given votive money as change to two French tourists.

Vietnam takes actions to reduce salt intake

 Vietnamese people are consuming too much salt according to the Ministry of Health's report.

Two drowned, one missing in Quy Nhon beach

 Two young men have drowned and one other gone missing while bathing in Quy Nhon beach in Binh Dinh Province.

Vietjet buys 100 new Boeing aircraft

 The new-age carrier Vietjet and Boeing Commercial Airplanes signed an order contract for 100 B737 MAX aircraft with a total value of US$12.7 billion at the Farnborough International Airshow 2018.

Billion USD affairs balances Vietnam-US trade

Vietnam has enjoyed a trade surplus with the US over many years. However, the trade balance has now become relatively equal with a series of valuable procurement contracts that Vietnamese enterprises have signed with US manufacturers.

Vietnam expands inquiry into high school exam cheating

 Further inspections are being carried out into abnormal results of the national high school examination in the mountainous provinces of Lang Son and Son La.

Vietnamese firms advised to embrace links with foreign retailers

The Ministry of Industry and Trade has built a project promoting the engagement of Vietnamese enterprises in foreign distribution systems through 2020 given the modest proportion of the country’s direct exports to overseas markets. 

Initial margin ratio raised to reduce derivatives risks

 The Vietnam Securities Depository will apply a new minimum initial margin ratio of 13 percent from July 18 instead of the previous 10 percent for VN30 Index futures to avoid violations and ensure the security of the derivatives market.

Finance Ministry sets inflation target of below 3.9 percent in H2

 The Ministry of Finance (MoF) must apply measures to curb year-on-year inflation in 2018 at below 3.7-3.9 percent, said Deputy Prime Minister Vuong Dinh Hue. 

U23 Vietnam strives to overcome ASIAD 2018 qualifying round

 Head coach of the national football team Park Hang-seo on July 18 affirmed his determination to help the U23 Vietnamese team overcome the qualifying round of the upcoming 2018 Asian Games (ASIAD 2018). 

A/H1N1 influenza causes more deaths in southern region

 Two more people in Ho Chi Minh City and the southern province of Tay Ninh have reportedly died from the swine flu virus A/H1N1, whose return last June has raised great public concern.

32 foreign delegations line up for 14th ASOSAI Assembly in Hanoi

 As many as 32 Supreme Audit Institutions (SAIs) and international organisations have confirmed that they will attend the 14th Assembly of the Asian Organisation of Supreme Audit Institutions (ASOSAI) slated for September 19-22 in Hanoi. 

EVFTA offers equal benefits for Vietnam and EU

 The EU-Vietnam Free Trade Agreement (EVFTA) was concluded and officially signed in Belgium’s Brussels on June 25. 

Japanese puppetry performances mark Vietnam – Japan diplomatic ties

 The Japan Foundation Centre for Cultural Exchange in Vietnam recently presented performances of traditional Japanese puppetry in Hanoi and Ho Chi Minh City. 

“Bookworm” attracts English-language book lovers

 “Best English bookstore in Hanoi,” or “A heaven for bookaholics” are two among the comments of foreigners who have visited Bookworm, a bookshop filled with English books in Hanoi.

VN central bank triples net injection to $1.96 billion

 Demand for the Vietnamese dong has surged significantly recently, pushing up interest rates in the inter-bank market.

Reform doesn’t mean distorting policies: Deputy PM

 The financial sector needs to work on a solution to reduce tax rates but still increase the total tax collection.

Vietnam ready to receive South Korean investment in textile & garment sector

VietNamNet Bridge - A new investment wave is expected to hit Vietnam’s textile & garment industry in the time to come, triggered by the Vietnam-South Korea FTA.