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BUSINESS NEWS IN BRIEF 30/8

HCM City issues plan to boost PCI and Doing Business indices, Base.vn unveils Viet Nam’s 1st applicant tracking system, VN venture capital start-up launches $5m fund, Latest BMW models to debut in Viet Nam     

Social News 30/8

Former TrustBank general director arrested, Friendship associations of Vietnam, Cambodia boost ties, Central Quang Nam province to upgrade key traffic projects, Bình Thuận takes steps to prevent dengue outbreak

Should Vietnam accept small foreign-invested projects?

VietNamNet Bridge - Foreign investors registered 527 projects from the beginning of the year to July 15, with total capital of $498 million, according to the HCMC Planning & Investment. 


Where are the top 10 exam scorers studying?

VietNamNet Bridge - The students who got the highest scores at the national high-school finals have successfully enrolled in the universities of their choice.

Uncertainties around Vinalines’ IPO

CEO of Indochina Capital Peter Ryder shared with VIR his views on VN real estate market developments and expectations.

Teenagers who smoke and drink suffer ill effects by age of 17

 Teenagers who smoke and drink alcohol are causing visible damage to their arteries by the age of 17, a study has revealed.

82% of tech staff want to get startup going

 Recent Navigos survey sought opinions from 1,100 respondents now working in tech sector.

Finance Ministry tables wide-scale proposal on gambling and casino business

 The Ministry of Finance’s proposal to cut a number of investment conditions on segments like casino, lottery, and betting, if approved, will stimulate investors implementing registered projects.

Enhancing companies’ production

 In addition to an expected slight rise in the country’s minimum wage in 2019, a favourable working environment will be also a great contributor to Vietnam’s improved labour productivity in the time to come. 

PV manufacturers go head to head

 Solar potential mapping projects are underway around the world, and Vietnam could become an attractive destination for solar photovoltaics manufacturers to meet the increasing demand both overseas and domestically. 

Vietnam Railways to dump its cargo

 State-owned giant Vietnam Railways will surrender its long-established monopoly in cargo transport to meet new development demands, opening up plenty of opportunities for private investors.

VN firms move to counteract oil prices

 With the price of oil on a roller-coaster ride over the past few years, companies are pushing ahead with plans to cushion the impacts.

Ngoc Anh to judge 58th Asia-Pacific Film festival

 Actress and film producer Truong Ngoc Anh has received an invitation to serve on the jury of the 58th Asia-Pacific Film Festival set to run from August 30 to September 2 in Taipei (Taiwan).

Supply chain optimisation boosts VN garment firms' competitiveness

Investing in logistics and applying lean management are considered two of the solutions to optimise the supply chain.

ASIAD 2018: Pencak Silat brings Vietnam fourth gold medal

 Pencak Silat athlete Tran Dinh Nam on August 29 secured the fourth gold medal for Vietnam at the 2018 Asian Games (ASIAD) in Indonesia.

Vietnamese goods absent from Thai-owned supermarkets

VietNamNet Bridge - The shelves at Thai-owned supermarkets such as MM Mega Market and Big C are full of foreign-made products, while the products bearing Vietnamese brands are sparse.

Watercolour painting exhibition celebrates National Day

 VietNamNet Bridge – A new exhibition of 78 thuy mac (ink and wash) watercolour paintings by 40 Chinese-Vietnamese artists has opened at the HCM City Fine Arts Association.  

Large amounts of drugs seized in Quang Tri, Nghe An

 VietNamNet Bridge – Border guards in central Quang Tri Province on Tuesday arrested a Lao man carrying 65,800 methamphetamine pills from Laos to Vietnam. 

Cai luong fest opens

 VietNamNet Bridge – The National Cai Luong (reformed opera) Festival 2018 will open on Wednesday in Long An Province.

Dien Bien authorities accuse ACV of high fares

 The Aviation Airport Corporation of Vietnam (ACV) has been told to address high fares and number of delayed flights on the Dien Bien-Hanoi route by the Dien Bien People's Committee.