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Social News 6/7

Power usage in northern Vietnam hits record as sweltering heat wave continues, Nearly 400 outstanding artists to be honoured with People’s Artist and Meritorious Artist titles, SMS campaign launched to pay tribute to war heroes, martyrs

BUSINESS IN BRIEF 6/7

Fresh FDI surges through capital contribution, share acquisition, Vietnam spends nearly $1 bil animal feed corn in six months, Second thought needed for price hikes, Farm produce prices plunge, Vingroup enters budget-apartment segment

Health insurance covers nearly 87 percent of population

 More than 81.5 million Vietnamese people, or nearly 87 percent of the population, were covered by health insurance by the end of June, according to the Vietnam Social Security (VSS).

Pork price escalates, FIEs benefit

VietNamNet Bridge - The pork price has bounced back, increasing by VND48,000-50,000 per kilogram. It  dropped so much one year ago that the country had to launch a ‘pork rescue campaign’.

When will Vietnam’s universities be listed among the world’s top 100?

VietNamNet Bridge - Vietnam universities’ training quality and scientific research capacity both are still very weak.

Gov’t to review 30-year attraction of foreign investment in October

 PM Nguyen Xuan Phuc has tasked the Ministry of Planning and Investment to consider organizing a conference on 30-year attraction of foreign investment in early October this year.

Enterprises find it difficult to observe laws on environmental protection

VietNamNet Bridge - Enterprises understand that fulfilling environmental protection tasks will improve competitiveness, enter international markets and ensure sustainable development. However, there are many obstacles.

Vietnamese hand embroidered art pieces

 Hand embroidery is a long-standing traditional craft in Vietnam and artisans use their needles to explore a variety of themes to turn embroidered pieces into one-of-a-kind artistic products.

Vietnam wants more ecological IZs

After three years of implementing the ecological industrial zone (IZ) model, 72 businesses in Vietnam have saved VND70 billion by reducing the amount of waste discharged into the environment.

Floods remain major concern in HCMC

 Many parts of HCMC continue to suffer from floods caused by heavy rains and high tides, although the city launched a flood control program nearly 10 years ago with huge investments.

Vietnam’s bond market sees highest growth in emerging East Asia: ADB

 Vietnam’s local currency bond market posted the highest growth rate of the emerging East Asian region in the first quarter of this year, at 8.6% quarter-on-quarter, according to a report by the Asian Development Bank (ADB).

Online shopping increasingly unsafe for customers

 Data leaks from global brands like Adidas, F21, and Sears show that online shopping is not really secure for consumers.

HCM City plans to build modern sports centre in District 3

 Ho Chi Minh City is planning to build a sports centre in District 3 with a total investment of over 1.95 trillion VND (85 million USD), with the aim to improve the wellbeing of locals.

Deputy PM Minh’s Romania visit to deepen bilateral cooperation

The upcoming official visit to Romania by Deputy Prime Minister and Foreign Minister Pham Binh Minh aims to reaffirm Vietnam’s consistency in its foreign policy and deepen the efficiency-oriented cooperation between the two countries.

Hai Phong publicises anti-corruption hotlines

 The Inspectorate of Hai Phong City has publicised hotlines for people and businesses to report information that helps to fight and prevent corruption.

Endangered pangolins returned to the wild

 Save Vietnam’s Wildlife (SVW), in co-operation with Cuc Phuong National Park has successfully released 25 Sunda pangolins (Manis javanica) into a safe habitat for the species.

National conference on sustainable growth opens

 The National Conference on Sustainable Development 2018 opened in Hanoi on June 5, focusing on measures to promote public-private partnership and improve productivity and competitiveness towards sustainable growth in the digital era.

Special Toyota Concert marks 45 years of Vietnam-Japan diplomatic ties

 The Special Toyota Concert 2018 will take place at the Vietnam National Academy of Music in Hanoi on July 13 as part of activities to mark the 45th anniversary of Vietnam-Japan diplomatic ties. 

Ministry releases anti-dumping duties for import stainless steel products

 The Ministry of Industry and Trade on July 4 released anti-dumping duties on imported cold-rolled stainless steel products after its second review for application of the duties.

Hoi An listed as world’s 16 most relaxing places

 Hoi An City in the central province of Quang Nam has been listed by CNN as one of the 16 most relaxing places in the world.