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Scientists invent icemaker that uses sea water

Scientists at the Hi-tech Development Center, in an effort to help fishing boats reduce post-harvesting losses due to the lack of preservation equipment, have invented a machine which can make ice from sea water.

HCM City needs huge capital for flood-prevention programmes

As the local budget is limited, HCM City authorities have called for investment in 17 anti-flood projects under different investment modes.

Vietnam's auto market bounces back

 The Vietnamese auto market has begun to show positive signs after a period of stagnancy. 

New regulation adjusts limit on foreign investment in education

VietNamNet Bridge - Some limitations on foreign investment in education have been removed with the release of a new decree.

Local investors eyeing the globe

 Vietnamese enterprises increasingly seeking opportunities to invest overseas.

HCMC’s renovation of old condo buildings makes slow progress

 Faced with the slow progress of attempts to rebuild and renovate old condo buildings, the HCMC government has urged the relevant local departments and districts to expedite work at 15 condo buildings that are severely deteriorating.

Vietravel to operate charter flights to Myanmar

 Local tour operator Vietravel will conduct charter flights for tourists from HCMC to visit Myanmar in October and November this year. This is the first time the travel firm has launched this service on the HCMC-Myanmar route.

ODA loans from China merit second thoughts: ministry

 Vietnam should reconsider official development assistant (ODA) loans from China in the days ahead as this source of funding comes with several conditions and a higher interest rate than loans from other countries.

Easy listening characterizes upcoming Saigon concert

 A famous guitar concerto, a strikingly original French mass, and a ground-breaking piece of French orchestral music feature in HBSO’s concert in the Saigon Opera House on August 29.

Local hotel operators worried over Airbnb services

 The number of local homeowners listing their properties on Airbnb has been surging, but they do not file and pay tax, thus unnerving traditional hotel operators over unfair competition.

SBV to divert more credits to eco-friendly projects

 The State Bank of Vietnam (SBV) has issued Decision No.1604/QD-NHNN, approving a scheme on developing green banks in the country by using credit to back eco-friendly projects.

Minimum wages and workers’ life

 Tens of millions of salaried workers and employers in factories and industrial zones across the country are awaiting the wage recommendation from the National Wage Council

Broker expects VN-Index to hit record of 1,300 points at year-end

 The VN-Index of the Hochiminh Stock Exchange is expected to beat a new record of 1,300 points at the end of this year as Vietnamese shares are attractive to investors due to affordable prices.

New transport regulation might cost trillions of VND

 Many transport enterprises may have to spend trillions of VND to replace their current black box recording devices with new ones if draft regulations on transport trading are approved.

Australia urges finalisation of COC in line with UNCLOS

 The Australian Government has called on the Association of Southeast Asian Nations (ASEAN) and China to negotiate a Code of Conduct (COC) in the East Sea without prejudice to the rights and interests of third-party states in the strategic waters.

Doubts remain over EVN’s sub-unit IPOs

 The failure of the Power Generation Corporation 3 (Genco 3) to sell its stake through initial public offering (IPO) has raised concerns about the upcoming IPOs of the two other similar companies – Genco 1 and Genco 2 – at the end of this year.

PM pledges support for overseas Vietnamese scientists

 Prime Minister Nguyen Xuan Phuc has promised to create favourable conditions for overseas Vietnamese scientists to participate in scientific and technological projects at home.

Vietnam to get customs bond system

 The Ministry of Finance will collaborate with relevant ministries and agencies to review legal regulations to establish a customs bond system to facilitate customs clearance in Vietnam in the 2018-2019 period.

Typhoon-triggered floods leave 10 dead, 2 missing

 The death toll caused by floods following typhoon Bebinca, the fourth storm that hit Vietnam this year, had increased to 10 as of August 18, according to the Office of the Central Steering Committee for Natural Disaster Prevention and Control.

Vietnamese students shine at int’l robotics competition

  A group of four Vietnamese students brought home a bronze medal for their impressive robotic design at the “2018 FIRST Global Challenge” international robotics competition in Mexico from August 15-18.