Amid the complex world situation, Vietnam needs to push ahead with reforming policies and regulations to keep up with the development pace of the global economy, said Prime Minister Nguyen Xuan Phuc.

 President of the Vietnam Medical Association (VMA) Nguyen Thi Xuyen has received the rotational chairmanship of the Medical Association of Southeast Asian Nations (MASEAN) for the 2018-2020 tenure.

The HCM City People’s Procuracy on May 3 proposed sentences for eight defendants charged with “violating regulations on lending in activities of credit institutions” at Trust Bank, the predecessor of the Vietnam Construction Bank.

 The World Economic Forum on ASEAN (WEF ASEAN) 2018 is scheduled to take place in Hanoi from September 11-13, featuring entrepreneurship and the fourth industrial revolution (Industry 4.0).

 Close to 1.2 million people, including about 400,000 tourists, took part in the 10th Hue Festival, which was held between April 27 and May 2.

VietNamNet Bridge - More infrastructure developers want to transfer projects to the State because of a number of problems they face.  

VietNamNet Bridge - The Vietnam Multimedia Corporation (VTC) earlier this year unexpectedly refused to attend an event honoring content creators held in HCM City. 

 Foreign investors already active in the Vietnamese power sector are looking to expand their footprints in the country to create a more stable power supply in the near future, with increased focus on renewable energy.

The central coastal region is facing more and more landslides, with many villages in danger of disappearing, though hundreds of billions of dong from the state budget have been used to save them. 

A number of developments are likely to influence the viability of FDI into Vietnam in the years ahead.

 Vietnam is among the top countries around the world for the highest percentage of women in the labour force, at 72%, with female workers accounting for 48.4% of the total labour force, making an invaluable contribution to national development.

 Total import-export revenue in the first four months of 2018 is estimated at US$144.13 billion, up 14.4% year on year, according to the General Department of Viet Nam Customs.

 The Government and the PM issued 28 legal documents, including 19 Decrees and nine Decisions in March 2018. 

 Deputy PM Pham Binh Minh asked for reviewing approved 26 projects using foreign loans in period 2017-2018 which are not listed in the mid-term public investment plan.

The Ministry of Finance has proposed reducing and simplifying 193 business condition lines in seven areas of insurance, stocks, price, customs, auditing, finance-banking and tax. 

VietNamNet Bridge - The Ministry of Finance’s (MOF) recent proposals on raising many kinds of taxes and fees have been facing strong opposition from the public.

The international conference ‘Science for Development’ will be held in Quy Nhon City of Binh Dinh Province from May 9-10 on the occasion of the 25th Anniversary of the Rencontres du Vietnam. 

 VNG Corporation has just announced that it discovered a post on an international forum with the confidential information on 160 million Zing ID accounts on April 26.

 The 4th FabLab Asia Network Conference (FAN4) opened yesterday, May 2, in Ho Chi Minh City with the theme ‘Co-create a better world’.

Police in Nghe An announced a 31 year old Bui Van Ba who was seen riding a motorcycle with his feet in a video that went viral on social media over the weekend received an administrative fine of VND7,150,000 ($314).