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$3.2 billion Vung Ro Refinery and Petrochemical project warned over long delay

 The Phu Yen People’s Committee issued a warning to stop the project on Vung Ro Refinery and Petrochemical complex if the developer does not resume implementation. 

M&A market poised for a turnaround

Despite a slowdown dating from the second half of 2016, the pace of the merger-and-acquisition market is expected to pick up in the months to come with many potential deals ahead. 

No compensation for mass fish deaths caused by hydropower discharge

Farmers will not receive compensation for an incident which left hundreds of tonnes of farmed fish dead after Hoa Binh Hydropower Plant discharged its reservoir. 

Ministry seeks support for car industry

 The Ministry of Industry and Trade has proposed to lower import duties for spare parts to support the car manufacturing industry after ASEAN trade pacts.

Teams enjoy bonuses following recent success

 VietNamNet Bridge – The U15 and U22 teams received big bonuses from football managers following their outstanding performance at continental and regional tournaments.

Dutch Nobel laureate in Physics visits Vietnam

 VietNamNet Bridge – Professor Gerard’t Hooft, Dutch Nobel Laureate in Physics and his wife arrived in Binh Dinh on Sunday afternoon.

Lao Cai officials to attend court

 VietNamNet Bridge – Two top officials of Lao Cai City and province will attend court on Tuesday as defendants of a land eviction lawsuit filed by a resident.

Storm Sonca to cause heavy rains in north and north central VN

Tropical Storm Sonca, the fourth to hit Viet Nam this year, is forecast to make landfall in central and northcentral Viet Nam on Tuesday night and early Wednesday morning, 

Flights cancelled due to the Sonca storm

 Tens of flights in Vietnam will be adjusted to avoid the storm Sonca which is making landfall in several northern central provinces according to local airlines.

Insurers rush to lift foreign-ownership ceiling to improve ratings

VietNamNet Bridge - A number of insurance companies are considering lifting foreign ownership to be able to improve their ratings and expand the market.

Transport ministry reconsiders ride-sharing service ban

 The Ministry of Transport has sought opinions from ministries, localities and transportation associations on its recently imposed ban on app-based taxi ride-sharing service.

Hanoi to tighten regulations for walking area

 The capital city will issue regulations for the walking area around Hoan Kiem Lake in August, chairman of the city’s People’s Committee Nguyen Duc Chung said on Monday.

Real estate most popular for investors

Real estate has become the most popular asset class among retail investors since gold and foreign currencies are not very profitable any more.

Red River rising

The water level of the Red River has been rising sharply in Hanoi in the last few days after torrential rains and the water discharge from the Hoa Binh Hydropower Plant reservoir.  

Thai Son Nam qualify for quarter-finals of AFC Futsal Club Championship

 Thai Son Nam defeated Al Dhafra 2-0 in the final match of the AFC Futsal Club Championship’s group A yesterday at Phu Tho Indoor Stadium in HCM City. 

Justin Bieber cancels rest of 'Purpose' tour without explanation

 Pop singer Justin Bieber on Monday canceled the remainder of his "Purpose" world tour citing "unforeseen circumstances" but gave no specific reasons.

Coping with an aging population in Vietnam

 To manage the trend of the aging Vietnamese population it’s important for people to rethink their education, work, and retirement plans, says the General Department of Population and Family Planning.

Gov’t studies making use of idle dollars, gold

 How to mobilise idle foreign currency and gold from locals to invest in business and production has become a hot issue recently, with the Government last week once again asking the State Bank of Vietnam (SBV) to consider proposals.

Facebook traders face taxation anxieties

Le Ha of Hanoi, who has been selling clothes on Facebook, is stressed and worried after receiving a message from tax authorities inviting her to come and declare her income. 

Britain launches fund to boost electric battery technology

 Britain launched a 246 million-pound ($320 million) fund on Monday to boost the development and manufacturing of electric batteries, a major growth area for the car and energy sectors.