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Grab and Uber choking out traditional competition

 Vietnamese taxi company Vinasun has seen a decrease in revenue and employees in the first half of this year, claiming it due to the unfair competition in terms of price posed by Grab and Uber.

US Fashion Industry sours on sourcing clothing from Vietnam

 According to a study, US fashion manufacturers and retailers report they have major concerns about new trade barriers emerging that would place burdensome restrictions on the inflow of clothing imports from Vietnam.

Mekong Capital to divest Loc Troi

 Shareholders of Loc Troi Group Joint Stock Company (Loc Troi) are raising concerns about the divestment of foreign shareholder Mekong Capital after the firm's listing on the Unlisted Public Company Market (UPCoM).

Vietnam ranks among top ten foreign residential property buyers in the US

 The “Profile of International Activity in US Residential Real Estate” report showed that foreign buyers spent a total of $153 billion on purchasing residential property in the US between April 2016 and March 2017.

Vietnam promotes Ngoc Linh ginseng as a national brand

 Ngoc Linh ginseng is a medicinal herb found on Ngoc Linh Mountain located between Quang Nam and Kon Tum province.

More than 88,500 cases of smuggling in first half of 2017

 In the first six months of 2017, authorities uncovered 88,560 cases of smuggling, prosecuting 1,100 cases involving 1,372 people.

EVN to sell stake in its finance subsidiary

 The Hanoi Stock Exchange (HNX) has announced that the Electricity of Vietnam (EVN) Group will auction 15 percent of its stake, equivalent to 37.5 million shares, in the EVN Finance Joint Stock Company.

HCM City to host international athletics event

 The Ho Chi Minh City International Track and Field Championships Open 2017 is scheduled to be held on July 27-28 at the Thong Nhat Stadium.

Vietnam earns slot in final round of AFC U23 champs

 Vietnam has earned a berth at the final round of the Asian Football Confederation (AFC) U23 Championship to be held in China next year.

Transport Ministry stops operation of new double-decker buses

 The Ministry of Transport has asked seven cities and provinces to halt the operation of double-decker buses, the first of their kind that began their trial runs early this month.

Vietnamese cities aim at waste-to-energy future

 Several Vietnamese cities are striving to recycle and reuse waste, with waste a growing concern in the country and around the world.

Vietnam wastes at least $1 billion yearly on over fertilisation

 Vietnam wastes at least 23 trillion VND (1 billion USD) annually on fertilisation, experts said and called for replacement of conventional fertiliser with more hi-tech products.

Party chief sends thank-you message to Cambodian King

 Party General Secretary Nguyen Phu Trong has sent a message to Cambodia’s King Norodom Sihamoni, expressing his thanks for the warm welcome given to him by the King, the country’s leaders and people.

Central Bank prepares bad debt settlement plan

 The central bank on July 21 held an online conference to prepare for the implementation of the scheme to settle non-performing loans (NPL) and restructure credit institutions in the 2016-20 period.

Philippines withdraws from hosting 2019 SEA Games

 The Philippines has pulled out of hosting the 2019 Southeast Asian (SEA) Games, as its Government decided to use the sport funding for re-building conflict-hit areas in Marawi.

Government urges competitive coal market

 The Government has assigned the Ministry of Industry and Trade (MoIT) to build a development roadmap for a competitive coal market as there are new coal suppliers.

Vietnam wins men’s singles champs at int’l tennis tourney

 Vietnamese tennis player Nguyen Van Phuong won the final match in the men’s singles at the U18 Tennis Federation (ITF) Junior Circuit – BECAMEX Cup 2017 in Ho Chi Minh City on July 22.

Stroke-struck Chinese sailor saved in Ba Ria – Vung Tau

 A Chinese sailor suffering a stroke was saved off the southeastern coastal province of Ba Ria-Vung Tau on July 23.

Hanoians give out free hugs to share love in Int’l Free Hugs Day

 An estimated 600 people, aged 18-25, gave out free hugs to friends, brothers and sisters, and strangers during an event to celebrate the International Free Hugs Day at Savico Megamall in Long Bien District, Hanoi, on July 23.

Party chief hosts Speaker of Bangladeshi Parliament

 Party General Secretary Nguyen Phu Trong has hailed the ongoing visit by Speaker of the Parliament of Bangladesh Shirin Sharmin Chaudhury as a significant contribution to bilateral ties.