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HCM City asks for regulations on officetels, condotels

 Ho Chi Minh City People’s Committee has sent a document to the Government Office to ask Prime Minister Nguyen Xuan Phuc to issue regulations on officetel, condotel and resort management.

Go-Viet to start services in HCM City

 Ride-hailing brand Go-Viet of Indonesian firm Go-Jek will begin operations in 12 districts in HCM City in early August, providing the ride-hailing service Go-Bike and on-demand delivery service Go-Send.

Dozens of houses by Da River evacuated due to erosion

 Dozens of houses by Da River have been evacuated due to erosion after some other fell into the river.

HCM City Spiderman fined

 A popular internet clip has shown a man being detained and later fined for wearing a Spiderman costume on HCM City’s Nguyen Hue pedestrian street.

Vietnamese brands attracting more Japanese investors

Japanese enterprises are entering the Vietnamese market gradually by buying into Vietnamese enterprises and cementing their positions in business fields with stable growth.

Local car production on the rise

 The automobile market is expected to change dramatically from now to the end of this year as the production of cars in Viet Nam starts to recover.

Securities firms post 54% growth in first-half revenue

 Good first-quarter performances have helped the 21 biggest securities companies post higher half-year earnings in 2018 despite the decline of the stock market in the past quarter.

VN Central bank may sell $4-10b to stabilise forex market: HSC

 The State Bank of Vietnam (SBV) could sell from US$4-10 billion to commercial banks this year to stabilise the foreign exchange market if necessary, HCM City Securities Corporation (HSC) forecast.

Ministry to further investigate Con Cung

 The Ministry of Industry and Commerce’s Market Surveillance Agency plans to further investigate Con Cung company’s compliance with regulations on clear origin, product quality, origin stamps, consumer protection, and commercial activities.

Fake goods rampant in HCM City

 VietNamNet Bridge – Fake and imitation goods are openly sold in many places in HCM City, with their sellers making huge profits.

Installment payment vaccine packages launched

 VietNamNet Bridge – High-quality vaccines are available to people on low income with a zero percent interest rate on installment payments.

Apple boosted by selling more expensive iPhones

 Apple sold fewer iPhones than expected in its most recent quarter but higher selling prices meant the tech giant still beat Wall Street forecasts.

Vietnam strengthens protection of rare sea turtles

 Rare Vietnamese marine turtles are critically threatened due to illegal hunting, despite the animals having the highest level of legal protection.

More than 400 athletes to compete in Vietnam Open Badminton Champs

 More than 400 professional players from 26 nations and territories will compete in the Yonex – Sunrise Vietnam Open 2018 Badminton Championships in Ho Chi Minh City from August 7-12.

Viettel Group has new General Director

 Major General Le Dang Dung, Deputy General Director of Viettel Military Industry and Telecoms Group, was promoted to Viettel General Director and Standing Chairman on July 31.

Vietnam, Singapore continue to explore new areas of cooperation

Vietnam and Singapore will mark the 45h anniversary of their diplomatic ties on August 1. On this occasion, Singaporean Ambassador to Vietnam Catherine Wong Siow Ping granted an interview to VNA about bilateral ties. 

MA activities expected to reach records in 2018

 Viet Nam has become an attractive destination for many foreign investors largely due to the country’s friendly policies encouraging FDI, its political stability and strong economy.

Dairy producers run race in high-end market segment

Domestic dairy producers are developing their A2 milk cow herds to serve their plan to make A2 milk, starting a new race in the high-end market segment.

Vietnam could lose 5 million jobs to robots by 2020: ILO

 The International Labour Organisation (ILO) made the alarming proclamation in the context of the rise of Industry 4.0 and Vietnam’s lack of human resource quality.

Son La arrests three exam-cheating suspects

 Police in the northern province of Son La on July 31 arrested three people suspected of involvement in the recent high school exam cheating scandal.