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BUSINESS IN BRIEF 2/8

 Cooking gas price increases by $1.18, Vietnamese manufacturing PMI moderates in July, Seafood exports estimated at 8 bln USD in 2017, Steel production steadies, room for growth

One mobile phone giant slays the rest, almost

VietNamNet Bridge - Samsung is competing with Apple in the high-end market segment, holding the advantage over Oppo in the mid-end market segment, and crushing all efforts of the rest.

More imports from South Korea : experts

Imports from South Korea have been increasing rapidly since the Vietnam-South Korea FTA took effect in late 2015, as Vietnam’s largest trade deficit is now with South Korea, not China.

Vietnamese mathematics legend says Olympiad competitors

Le Ba Khanh Trinh, a legendary figure in Vietnam’s mathematics, and deputy head of the Vietnamese delegation at the 2017 IMO, commented that this year’s Olympiad team members did not shrink back from difficulties.

How should we preserve our urban heritage?

Nguyen Thi Hau, vice general secretary of the Viet Nam History Association, spoke with Viet Nam Government Portal about how the urbanisation process has affected urban architecture heritage sites.

Rights of VN workers abroad must be protected

Doan Mau Diep, Deputy Minister of Labour, Invalids and Social Affairs, speaks to Nhan Dan (The People) newspaper about his ministry’s resolve to protect the rights of Vietnamese guest workers abroad.

Exhibition – Meeting: Dreams of Science at L’Espace Hanoi

The world around us contains many extraordinary things. The “Ohé Science” collection not only gives us the multifaceted images of nature, but also answers to children’s questions about nature. 

French photographer Réhahn’s exhibition “Precious Heritage” in Hanoi

VietNamNet Bridge - Réhahn’s exhibition “Precious Heritage” will be held at the Vietnam Museum of Ethnology, Hanoi from August 1 through October 1.

Deputy Minister of Trade and Industry receives warning

The Party Central Committee’s Inspection Commission has issued a warning against Deputy Minister of Trade and Industry Ho Thi Kim Thoa for “serious violations” when she led the Dien Quang Lamp Company.

Social News 1/8

 Youth colour obstacle rush in Hanoi promises to be loads of fun, Kon Tum border guards seize over 10,000 synthetic pills, 1 person dies after brakes fail on car in northern Vietnam, Footwear factory in HCM City catches fire

Vietnam rank 10th in Asian volleyball tournament

 Vietnam lost to Qatar 18-25, 22-25, 25-16, 15-25 to finish 10th in the 2017 Asian Men’s Senior Volleyball Championship at Surabaya, Indonesia, on July 31.

Police prosecute accomplice in Pham Cong Danh case

 The police are stepping up their investigation into the Pham Cong Danh case, announcing Tuesday that they were prosecuting a woman for her alleged involvement in the biggest economic case in Viet Nam’s history.

Da Nang to install security camera in the Son Tra Nature Reserve

 Da Nang authorities plan to install security cameras in the Son Tra Nature Reserve as a part of security camera project launched in the city in 2015.

Mekong Delta on right track to boost tourism

Mekong Delta provinces are on the right track to lure more holidaymakers and turn tourism into a spearhead industry after PM Nguyen Xuan Phuc approved a master plan to develop tourism in the region by 2020 with a vision to 2030.

Investment flow into Phu Quoc Island remains strong

The investment flow into Phu Quoc Island off Kien Giang Province has stayed strong, with nine projects worth around VND2.6 trillion approved in the first half of this year, said the Management Board of the Phu Quoc Economic Zone. 

Over $650,000 VAT refunded to foreign visitors

 Over 3,500 foreigners received VAT refund totaling VND15 billion (US$660,000) in the last six months, a year on year increase of nearly 50 percent, reported the Customs Division at Tan Son Nhat International Airport.

Hanoi Opera House presents concert on August 4

 A concert featuring the local and international artists will took place at Hanoi Opera House on August 4.

Investors seek opportunities in $9 billion online-tourism market

VietNamNet Bridge - Forecasts say Vietnam’s online tourism market’s value may reach $9 billion in the next three years.

Da Nang and Hoi An to welcome new international hotels

 There are a number of notable projects currently under different stages of planning and construction along the coastline of Da Nang and Hoi An.

Floating theatre planned for Hanoi

 Hanoi authorities have approved a project to build a theater on a lake in a park, to create a unique new entertainment venue for residents.