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Watchdog demands answers over delayed Hanoi railway

The Government Inspectorate has instructed authorities in Hanoi to investigate the city’s Urban Railway Management Board and French consultancy firm SYSTRA over delays to the Nhon-Ha Noi Railway Station urban elevated rail project.

Foreign e-comerce firms accept losses in VN

 Many foreign giants have invested in Viet Nam’s leading e-commerce platforms even as they incur big losses, as they continue to see the long-term potential of the country’s rapidly expanding online shopping sector.

VN central bank made $9 billion net injection in H1

Commercial banks’ liquidity was good in the first half of this year thanks to the State Bank of Viet Nam’s net injection of US$9.17 billion, the latest report from the National Financial Supervisory Commission showed.

HCM City set to construct subterranean layer

 A host of investment opportunities awaits developers in HCM City where authorities plan to develop underground spaces.

Lawmakers still split over tax on unexplained assets

Measures to handle the assets of potentially corrupt officials remained the focus of debate in meeting of the National Assembly Standing Committee to discuss the draft revised anti-corruption law.

New plants ensures biodiversity in Dong Nai Biosphere Reserve

Nearly 500 plants from five species were planted on Saturday on 10,000 hectares of a forest in Dong Nai Biosphere Reserve, recognised in 2012 by UNESCO as one of eight biosphere reserves in Vietnam.

Hydropower plant water release kills fish in Phu Tho

More than 13 tonnes of fish raised in cages along a section of the Da River in Thanh Thuy District, Phu Tho Province, died en masse over the past few days, incurring losses of up to VND2.6 billion (US$113,000).

Violations found at Mumuso Viet Nam: MoIT

 The Ministry of Industry and Trade on Friday announced the conclusions of its investigation of Mumuso Viet Nam Company Limited, saying that 99.3 per cent of its goods were imported from China.

HCMC lacks enough hotels to accommodate tourism boom

VietNamNet Bridge - The demand for hotels in HCMC has been increasing rapidly, prompting investors to pour capital into hotel projects. However, it is difficult to find advantageous land plots to develop hotels.

School food vendors seek other buyers

 Suppliers of foods to pre-schools in HCM City are scrambling to join food distribution chains due to fears that unattached sellers would have their contracts terminated.

Proprietary trading benefits securities companies

Sai Gon Securities Joint Stock Company (SSI) reported VNĐ492.2 billion in pre-tax profit, up 46 per cent.

VN is Southeast Asia’s new industrial powerhouse

  In the last 20 years Viet Nam has switched from being an agricultural economy to one of the brightest manufacturing hotspots in South East Asia, according to the latest report from Jones Lang LaSalle.

VN Football Federation extends contract with German Jurgen Gede

 The Viet Nam Football Federation (VFF) has awarded German technical director Juergen Gede a two-year extension to his contract.

Joining hands to protect children on the internet

 VietNamNet Bridge – Nguyen Bich Ngoc, a junior high school student in Hanoi, started to use a smartphone when she was a 6th grader.

Da Nang cancels International Theatre Institute World Congress

Da Nang will not host the 36th International Theatre Institute (ITI) World Congress in 2018 after failing to secure funds from sponsors and donors.

Vietnamese actress stars in Myanmar cinemas

 Nguyen Tran Huyen My, first runner-up of Miss Viet Nam 2014, has captured the front pages of newspapers in Myanmar following the release of the film Bridge of Clouds.

HCM City needs 148,000 skilled workers

 VietNamNet Bridge – HCM City needs 148,000 skilled employees in key sectors this year, according to authorities.

HCM City unveils new housing plan

HCM City authorities have submitted a new housing plan to the city People’s Council to ensure that new housing projects follow plans designed to improve city landscapes and residents’quality of life.

Rubber companies set glum business targets

 Rubber prices are at a record low since October 2016, fetching only $1.57 per kilogramme. In this context, rubber companies are setting cautious business targets.

Larger 3G and 4G data packages inevitable

 As internet steadily replaces traditional text messages and calls as well as smart phones are overwhelmingly popular in the market, mobile operators find it a must to come out with low-cost 3G and 4G packages.