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New Vietnamese Ambassador to UN presents credentials

 Ambassador Dang Dinh Quy, new Head of Vietnam’s Permanent Mission to the United Nations, presented his credentials to UN Secretary General Antonio Guterres in New York on July 12.

Le Cong Vinh named among all-time strikers at AFF Cup

 Vietnamese striker Le Cong Vinh has been named one of the seven best strikers in the history of the AFF Suzuki Cup, according to the tournament’s official website.

Banks refuse to buy US dollars from central bank

A senior official of the State Bank of Vietnam (SBV) on July 4 told Thoi Bao Kinh Te Vietnam that commercial banks had not registered to buy dollars at preferential prices from SBV.

Under-18 visitors allowed to attend Hanoi’s first nude photo exhibition

 Vietnam culture authorities have removed the ban on under-18 visitors from attending the first nude photo in Hanoi.

Ministry criticized for raising transport fees

 Deputy Prime Minister Vuong Dinh Hue has reprimanded the Ministry of Transport for allowing higher fares to be applied to railway, air and bus services, resulting in the high consumer price index (CPI) last month.

Quang Ngai residents protest over foul waste treatment site

 Many people in Nghia Ky Commune, Quang Ngai Province, have blocked rubbish trucks from entering the waste treatment plant due to the unsanitary nature of the site.

Two publications launched to protect bears in Vietnam

 Two publications giving instructions on caring for rescued moon and sun bears, as well as guidance to plant herbal alternatives to bear bile were launched at a ceremony on July 10.

Vietnamese annually spend $4 billion studying abroad

 Vietnamese students annually spend USD3-4 billion to study abroad with the majority being self-financed, said Minister of Education and Training Phung Xuan Nha.

UNESCO title is not enough to save Dong Ho woodblock printing. Make it sell!

 Vietnam is seeking UNESCO recognition for the almost vanished Dong Ho woodblock printing art in Bac Ninh province and, with its many unique features and techniques, another cultural heritage title is within reach.

Vietnam to buy electricity from Laos

 Deputy Prime Minister Trinh Dinh Dung asked the Ministry of Industry and Trade to speed up power projects as well as buying more electricity from Laos.

VN’s auto industry at crossroads: report

Vietnam’s automobile industry is at cross roads, lagging behind ASEAN competitors, according to a report launched by the IFC and the Ministry of Planning and Investment early this week.

Vietnamese wake-up alarm app available in iOS App Store

 Alarmeow, a wake-up call application created by a group of young Vietnamese is now available at the iOS App Store.

Phone subscriber regulation under fire from telecomms firms

 A new regulation that stipulates telecommunication firms may only provide discounts for prepaid subscribers of up to 20 per cent has major problems and fails to uphold market economic principles.

Covered warrants: the answer to investors prayers?

 Covered warrants is a new investment tool that on the face of it, appears to be an effective hedging and investment instrument.

More and more companies shifting listings in H1

 Around 20 companies have shifted their listings among the stock exchanges since the beginning of this year, more than half moving back to the Unlisted Public Company Market (UPCoM) due to prolonged losses.

IFC and VPBank cooperate in $50 million commodity financing

IFC, in partnership with VPBank is extending a commodity financing facility of up to US$50 million to Tan Long Group Joint Stock Company.

Vietnam needs reforms for new FDI strategy

VN needs breakthrough reforms in FDI approach to sustain the country’s rapid economic development, competitiveness and inclusive prosperity, according to a report launched by the IFC and the Ministry of Planning and Investment.

Lam Dong fights fake Chinese spuds

 Lam Dong People’s Committee has approved a pilot project to promote the Da Lat potato brand in an effort to combat Chinese potato, which claimed to be of Da Lat brand.

Pepper prices will struggle to recover this year: Agriculture Ministry

 The Department of Farm Produce Processing and Market Development (DFPPM), under the Ministry of Agriculture and Rural Development (MARD) has forecast that pepper prices will struggle to recover in July and the rest of the year.

US-China trade war to hurt or benefit VN agriculture?

 The ongoing US-China trade war will greatly impact the structure of the world economy in the future, causing damage but also generating indirect opportunities for countries where the economy relies heavily on agricultural production like Viet Nam.