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APG submarine cable damaged

The Asia-Pacific Getaway (APG) Submarine cable from Vietnam to Singapore has crashed, negatively affecting internet capacity of the Vietnam Posts and Telecommunications Group (VNPT) and other network operators.

Ex-PetroVietnam chief Dinh La Thang to stand trial on January 8

 The Hanoi People’s Court will open proceedings in the trial of Dinh La Thang and his accomplices accused of wrongdoings at PetroVietnam Construction Joint Stock Corporation (PVC) on January 8, 2018. 

Bio-data chips implanted in tame elephants

 The Elephant Conservation Centre in the Central Highlands province of Dak Lak is carrying out implant of microchips in captive elephants.

Monument honours victims of American bombing

 Few living people witnessed the carnage and destruction of the US bombing of Hanoi in December 1972. But those who were there remember it clearly.

Shipping firms still lag behind in domestic transport market

Half a decade has elapsed since the Ministry of Transport (MOT) opened up the domestic transport market, worth $50 million a year, to only Vietnamese enterprises.

Firms grapple with year-end labour crunch

 Several enterprises in the south, mostly in Ho Chi Minh City and the provinces of Dong Nai and Binh Duong, are accelerating worker recruitment, preparing to up production after the Tet (Lunar New Year) holiday that falls in mid-February 2018.

VN Index up for a third day on oil prices

 Vietnamese shares closed on December 26 on a positive note as large-cap stocks were boosted by expectations for better quarterly earnings and rising oil prices.

Wood exports likely to reach $7.6 billion, surpassing yearly target

 It is estimated that Vietnam’s wood exports will reach 7.6 billion USD by the end of 2017, surpassing the yearly target of 7.5 billion USD set by the Ministry of Industry and Trade.

Over 153,000 firms opened in 2017

 The number of newly-established firms and firms resuming operations set a record in 2017 with more than 153,000 companies with total registered capital of 3.16 quadrillion VND (139 billion USD).

Leader of Russian communist party extols Vietnam’s support

 Leader of the Communist Party of the Russian Federation (KPRF) Gennady Zyuganov has recognised the warm support of Vietnam to celebrate the 100th anniversary of Russia’s October Revolution.

Locals tire of slow progress of rubber plantations

The decision to contribute land for rubber plantations has turned out to be a heavy burden on Son La’s people. What scientists had warned about has come true: both output and latex quality are below expectations.

Developing renewable energy from waste

HCMC alone discharges 8,300 tons of waste every day, 76 percent of which is buried. Much of the waste could be recycled into clean energy.

Entrance exams to high schools even tougher than university exams

VietNamNet Bridge - The number of students to sit the entrance exam to state-owned high schools in 2018 is expected to be 24,000 higher than in 2017. 

SOE scandals unveiled, Vietnam speeding up SOE reform

The business performance of state-owned enterprises is often unclear because of lax management. At many large companies, problems were discovered only after the firms had incurred losses of trillions of dong.

Lao top leader's official friendly visit to Vietnam in pictures

General Secretary of the Lao People’s Revolutionary Party (LPRP) and President of Laos Bounnhang Vorachith successfully paid the official friendly visit to Vietnam from December 19-21. 

PVN kingpin faces strict punishment

In the wake of intensified efforts to further Vietnam’s crackdown on corruption, many former executives of the state-run Vietnam National Oil and Gas Group may face criminal charges for their violations.

Evacuated people from storm-effected localities return home

 Evacuated people in the Mekong Delta province of Soc Trang returned their home on December 26 as typhoon Tembin weakened into a low tropical pressure.

Government bodies discuss ASEAN cooperation

 A conference on Vietnam’s performance across three pillars of the ASEAN Community took place in Hanoi on December 26, gathering 100 representatives from ministries and sectors involved in cooperative activities with the bloc.

Proposal to grow Japanese garlic on Ly Son Island rejected

 Authorities in Quang Ngai have turned down a proposal by Japanese firms to grow Japanese elephant garlic on the local island of Ly Son.

VN Government to sell remaining stake in Sabeco

 Head of the Ministry of Finance's Corporate Finance Department Dang Quyet Tien has announced that the government will sell the remaining 36% stake in Sabeco.