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Thua Thien-Hue imposes heavy fine for littering in public areas

The central province of Thua Thien-Hue will begin stiff fines on littering in public areas and illegal waste dumping from July 1.

 

Fansipan peak found to be 4m higher than old measurement

The height of the Fansipan peak in the northern mountainous province of Lao Cai, the highest mountain in Indochina, was actually 3,147.3 metres, according to the Department of Survey Mapping and Geographic Information.

 

Vietcombank licensed to open office in New York

The New York State Department of Financial Services has granted operating license to the Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to open a representative office in New York.

 

Viettel launches Digital Services Corporation

The Viettel Military Industry and Telecoms Group (Viettel) on June 26 officially launched the Viettel Digital Services Corporation (VDS), its 8th subsidiary company.

 

HCM City’s authorities seize over 14 kg of meth

The Customs Department of Ho Chi Minh City in coordination with competent forces on June 26 seized more than 14 kg of methamphetamine hidden in packages transported from foreign countries.

 

Vietnam win silver at Asian women’s beach handball champs

The Vietnamese team have brought home a silver medal from the Asian Women’s Beach Handball Championship in China.

 

Vietnam still out of Morgan Stanley’s watch list for market reclassification

Morgan Stanley Capital International (MSCI) on June 25 announced the results of the 2019 annual market classification review for 85 markets, in which Vietnam failed to make its way to the watch list for reclassification.

 

Hanoi’s gender imbalance still worrisome

According to the Hanoi Department of Population and Family Planning, the city set the goal for 2019 of achieving the gender ratio at birth of 113 boys/100 girls.

 

Japan’s Suntory joins US rival Coca-Cola to push plastic recycling in Vietnam

Japanese beverage giant Suntory Holdings has said it would work with American rival Coca-Cola and Swedish Nestlé to push the government of Vietnam to create a large-scale recycling system.

Minister: ODA disbursement at alarming pace

Disbursement of official development assistance (ODA) hit over VND1.6 trillion in the first five months of this year.

Hanoi: Three drug traffickers sentenced to death

The People’s Court of Hanoi on June 25 sentenced three members of a drug gang to death for the illegal trade and trafficking of drugs.

Friendship Order bestowed upon Australian Ambassador

Outgoing Australian Ambassador to Vietnam Craig Chittick was presented with a Friendship Order of the Vietnamese State at a ceremony in Hanoi on June 26.

Does Vietnam needs private ‘super conglomerates’?

No matter whether businesses are powerful conglomerates or small companies, they all need a healthy playing field.

 

Requirements versus benefits in eco-industrial parks

Tran Duy Dong, director general of the Department for Local and Regional Economy under the Ministry of Planning and Investment, speaks to Industry and Trade newspaper about the development of eco-industrial parks in Vietnam.

BUSINESS NEWS 27/6

Marubeni to build $115 mil instant coffee plant in Vietnam

 

Vietnam's dairy producers vow to make bigger investments

It is expected that the average dairy product demand of Vietnamese will increase to 28 liters per annum by 2020.

Selling scrap to build schools

You want to build a school? Of course you need to think about money, and a lot of it! One young man has successfully built schools for poor ethnic minorities in remote areas raising funds from a very simple source.

Entrepreneur aims to bring quality Vietnamese coffee abroad

The Coffee House has already opened 100 stores in Vietnam, the fastest growth rate among all coffee chains. Its founder, Nguyen Hai Ninh, was included on the list of 30 under 30 by Forbes in 2017.

Artist debuts new work at dance festival

Choreographer Vu Ngoc Khai will present a new show entitled Đáy Giếng (Into The Well) on June 28 in Hanoi. Khai currently works at the Konzert Theatre Bern, Switzerland.

Vietnam may welcome a huge flow of investment from Hong Kong

Vietnam is set to welcome a huge flow of investment from Hong Kong in the light of implementation of a free trade agreement between this economy and the ASEAN bloc.