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Sabeco asked to pay $111 million to State budget after audit report

 The Ministry of Finance has asked the Saigon Beer-Alcohol-Beverage Joint Stock Corporation (Sabeco) to pay about VND2.5 trillion (US$111 million) worth of undistributed profit to the State Budget.

Lack of upmarket office space makes HCM City red hot for developers

 The HCM City office market is rife with opportunities for property developers, especially the grade A and B segments which have been labouring under a shortage for the last couple of months, experts said.

HCM City fire hurts condo market

 The deadly fire that occurred at the Carina Plaza tower in HCM City on March 23 is likely to set back the apartment market but only for a short period, experts forecast.

First quarter growth strong, but uncertainty looms

Results from the first quarter show Viet Nam’s economy maintains an impressive growth momentum, though the country’s 2018 development model will differ from past occurrences.

VN logistics sector struggling to meet demands of e-commerce

 The e-commerce sector in Viet Nam has seen remarkable growth in recent years, but a lack of uniformity in delivery and payment methods may lead to many businesses missing opportunities.

Construction and land violations rampant in Phu Quoc Island

 Phu Quoc Island in the southern province of Kien Giang is facing the serious construction and land violations while a Government Inspectorate probe into land management in the province is underway.

HCM City lacks mental health resources

 About 16% of HCM City population have mental problems while the city lacks facilities for the patients.

Go-Jek and Didi Chuxing eye Vietnam's ride-hailing markets

 Chinese ride-hailing firm Didi Chuxing has submitted its request for market entry to the Ministry of Transport (MoT).

HCM City hotel market bounces back in Q1

 Average hotel occupancy rate in Ho Chi Minh City reached 74 percent in the first quarter, increasing by 6 percentage points from the same period last year.

VTV hasn’t bought World Cup’s copyright

  Viet Nam Television (VTV) has not bought the television copyright of World Cup 2018 as the Cup is coming in Russia in June.

Sausage market still hot

VietNamNet Bridge - The prediction about the saturation of the sausage market two years ago was a false alarm as the industry has had stable annual growth rate of 15-20 percent. 

ASEAN trade, culture exchange to be held in HCM City

 A trade and culture exchange programme among ASEAN member states will take place in Ho Chi Minh City’s September 23 Park from April 18-24.

AFC Women’s Asian Cup: Vietnam suffers 0-8 defeat to Australia

 Vietnam were defeated 0-8 by Australia on April 10 in the team’s second match in the final round of the 2018 Asian Football Confederation (AFC) Women’s Asian Cup held in Amman, Jordan.

Report reveals problems of Vietnam’s economy despite Q1 strong growth

 Vietnam posted an impressive growth rate of 7.38 percent in the first quarter of 2018, but there remain many problems behind this 10-year high expansion, many experts said at the April 10 launch of a report on the country’s macro-economy in Q1. 

Ao dai modelling contest to open in Europe

 A traditional Vietnamese long dress contest will be organised in Prague, Czech Republic, in mid June.

HCMC customs officer got 12-year for bribes

 The People’s Court of HCM City yesterday handed a 12-year jail sentence to customs officer Nguyen Truong Duy for receiving bribes amounting to nearly VNĐ550 million (US$23,900).

Rabies vaccine shortage reports dismissed

There is enough stock of rabies vaccines to meet demand in the country, the Drug Administration of Viet Nam has said. 

Healthcare service prices to be adjusted: Health Ministry

 Beginning on July 1, the Health Ministry and Viet Nam Social Security will adjust the unreasonable prices of some healthcare services to better manage health insurance funds, said Health Minister Nguyen Thi Kim Tien.

NA Standing Committee convenes 23rd session in Hanoi

 The 23rd session of the National Assembly (NA) Standing Committee commenced in Hanoi on April 10 to mull over important issues in preparation for the upcoming fifth meeting of the legislature in May.

Man in Thai Binh gets 13 years in jail for overthrow attempt

 The People’s Court of northern Thai Binh province sentenced Nguyen Van Tuc to 13 years in jail for “attempting to overthrow the people’s administration” under Clause 1, Article 79 of the 1999 Penal Code at the first-instance trial on April 10.