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Bus-route bidding helps easing State subsidy

 VietNamNet Bridge – Bus routes in Hanoi opened for public bidding this year to reduce reliance on the State budget and improve quality, reported Tien Phong (Vanguard) newspaper.

Retail, consumer goods, and real estate will lead 2018 M&A market

 Retail, consumer goods, and real estate are forecasted to lead the Vietnamese mergers and acquisitions (M&A) market in 2018. In addition, the value of the M&A market is forecast to stay above $6 billion.

Sadistic employer may face years of imprisonment

 A cafe owner in Dak Lak Province who physically and psychologically tortured a staff member may face up to 14 years in jail.

Sapa named among the 50 most beautiful places on the planet

 Sapa, in the northern mountainous province of Lao Cai, has been included in a new list of the top 50 most beautiful places on the planet by travel site PureWow.

SBV continues to raise dollar sale price

 The State Bank of Viet Nam’s Operation Centre on Tuesday increased the sale price of the US dollar for commercial banks by VND11 to VND23,284.

Total assets of credit institutions reaches nearly $448 billion

The total assets held by Vietnam’s credit institutions reached $447.8 billion by the end of May, an increase of 3.27 per cent over the beginning of this year, the latest report from the State Bank of Vietnam showed.

Catfish exporters need to diversify

 Viet Nam’s catfish exports have been robust this year but the country’s overwhelming dependence on the increasingly competitive Chinese market remains a matter of risk.

PM Phuc asks for removal of unnecessary procedures

PM Nguyen Xuan Phuc stressed the need to shift from pre-inspection to post-inspection, issue regulations and standards on evaluation of transparency, and reduce unnecessary conditions for enhancing production.

Dietary supplement producers must have quality certification

 VietNamNet Bridge – More than 90 per cent of dietary supplement producers in Vietnam have not implemented Good Manufacturing Practices (GMP), 

Con Cung stores violate origin rules

 The Ministry of Industry and Trade’s HCM City Market Surveillance Agency found 70 shops of the Con Cung Co Ltd to have violations relating to product origin, Nguyen Van Bach, deputy director of the agency, said on Tuesday.

Vietnam rice farmers in a sticky situation

 Production of sticky rice in the Mekong Delta over the past weeks has faced challenges due to China’s new import tariff policy, forcing a strong reduction in the price of sticky rice at home and in export markets.

'Soil bank' established in south

 The southernmost province of Ca Mau has established a so-called soil bank composed of mud collected from rivers to make alternative materials for sand in construction.

Hanoi triumph at national youth sepak takraw champs

 Hanoi triumphed at the National Youth Sepak Takraw Championship which conluded in the southern province of Dong Nai on Monday.

Quang Binh halts caving trips due to unexpected floods

 VietNamNet Bridge – The Phong Nha-Ke Bang National Park in Quang Binh Province has halted all caving activities due to unexpected floods.

Hanoi's golf clubs championship to tee off

 The Hanoi Golf Clubs Championship - GFS Cup will run on July 27-28 at Long Bien Golf Course.

Ten most magnificent destinations in Lang Son

The northern province of Lang Son boasts countless scenic spots and historical relics for travelers to explore during their adventures.

AFC to hold ASIAD football again

 The Asian Football Confederation (AFC) will re-draw the Asian Games (ASIAD) U23 men’s tournament in Malaysia today.

Hundreds of households face high risks of landslide in Dien Bien

 The northern mountainous province of Dien Bien has around 660 households living in areas vulnerable to landslides and flash floods, according to statistics of localities in the province. 

Hanoi: More gov’t funding needed for historic relic restoration

 Though governmental funding for cultural promotion in Hanoi has expanded over the years, it has failed to meet the need for the preservation of thousands of local historical relics, intangible cultural heritages and traditional festivals.

Korean book fair in Ho Chi Minh City opens

 The Korean Book Fair opened in Ho Chi Minh City on July 24 for the first time.