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Vietnamese fans enjoy World Cup with special haircuts

 A barber and many young boys in Hanoi have a unique way to show their admiration toward footballers amid the 2018 World Cup in Russia.

Vietnam may earn over $3 billion thanks to 5G technology

 Vietnam has a chance to earn more than 3 billion USD when using 5G technology, said Denis Brunetti, President of Ericsson Vietnam, Myanmar, Cambodia and Laos.

Bai Rang beach in Da Nang - the harmony of forest and sea

 Located in the southern part of the Son Tra Pensula and 10km away from the centre of Da Nang city, Bai Rang beach resembles a peaceful, fresh and charming oasis in Vietnam’s central region.

New policies boost domestic automobile production

 The use of effective policies in the automobile sector since the beginning of the year has boosted the production and assembling of automobile and better controlled imported vehicles in the first six months of 2018.

Thua Thien-Hue: Phu Bai int’l airport to have new passenger terminal

 The Airports Corporation of Vietnam (ACV) will source about 1.7 trillion VND (74.1 million USD) from its development capital to build the T2 passenger terminal at Phu Bai international airport in the central coastal province of Thua Thien-Hue.

BUSINESS IN BRIEF 10/7

How Vietnamese firms can keep international talent, Central bank lowers dollar rate to keep exchange rate steady, VME returns to Ha Noi in August, Vinamilk’s products present in 43 countries     

Derivatives rise as players look for short-term gains

 The derivatives market has grown strongly over the last three months as investors switch from stocks to derivatives to avoid short-term risks on the stock market.

Vietnam among top five global textile exporters

 Vietnam has made it onto the list of the world’s five biggest textile exporters and producers, with textile and garment export turnover hitting 16 billion USD in the first half of 2018, up more than 14 percent year-on-year. 

Condo prices remain stable in first half of 2018

 Condominium property prices remained fairly stable during the first half of 2018, with under 2 percent in fluctuations.

Kien Giang asks for government’s support in fixing urgent coastal erosion

 The Mekong Delta province of Kien Giang has made a proposal for 300 billion VND (13.82 million USD) worth of Government aid in order to fix up its 14.5km span of severely eroded beaches.

Vietnam joins FAO’s Agreement on Port State Measures

 The Vietnamese Government has agreed to join the Agreement on Port State Measures (PSMA) of the UN Food and Agriculture Organisation (FAO) to prevent and fight illegal, unreported, and unregulated (IUU) fishing.

Vietnam Airlines allows payment by QR code

 Vietnam Airlines has announced that it will start to allow customers to buy tickets using QR code through the National Payment Corporation of Vietnam (NAPAS) and VNPay.

Vietnam’s economy maintains growth momentum over year’s second quarter

 The Vietnamese economy continued to enjoy growth in the second quarter of 2018, following an impressive growth impetus in the first three months of this year, according to the Department of Planning under the Ministry of Industry and Trade.

Recommendations made for new-generation FDI attraction

 The Ministry of Planning and Investment on July 9 released a report on the recommendations for the strategy and orientation of new-generation free trade agreement (FTA) attraction for 2020-2030.

Thanh Hoa police arrest drug traffickers

 Police in the central province of Thanh Hoa on July 8 arrested two men trafficking 2kg of crystal myth and 4,000 meth pills. 

VN central bank ready to take action to stabilise foreign exchange market

 The State Bank of Vietnam (SBV)’s recent response to the continuous rise of USD prices has demonstrated its readiness to make an intervention in order to stabilise the foreign exchange market.

PM requests close watch on Facebook’s correction of faulty map

PM Nguyen Xuan Phuc has asked the Minister of Information and Communications to keep a close watch on Facebook’s correction of its map on Vietnam’s Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagoes.

Hanoi determined to build smart city by 2030

 Hanoi is determined to build a people-centered and business-oriented smart city by 2030, said Permanent Vice Chairman of the Hanoi City People’s Committee Nguyen Van Suu.

Dung Quat ancient shipwreck excavated

 The excavation of an ancient shipwreck discovered in Binh Son district, in the central coastal province of Quang Ngai, began on July 9.

Hanoi selected to host SEA Games 31

 The Government has agreed with the Ministry of Culture, Sports and Tourism (MCST)’s proposal to organise SEA Games 31 and Para Games 11 in Vietnam in 2021.