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BUSINESS IN BRIEF 9/6

Dragon fruit exports to China surge through Lao Cai, Hoa Binh Hydropower Plant recognised as project of national security, Banks’ registered loan for hi-tech agriculture reaches $5.29 billion

HCM City cracks down on mystery meat

Pork without clear origins will not be allowed to be sold in HCM City’s two main wholesale markets--Hoc Mon and Binh Dien--starting next month, 

Hai Phong City puts limits on groundwater extraction

The Hai Phong City’s People’s Committee has decided to limit groundwater extraction as signs of groundwater pollution have appeared in some inner city areas.

A night of rock and painting to be held in HN

 VietNamNet Bridge – An event titled Doi Thoai (Conversation) featuring rock music and painting will be held this Sunday at 36 Cat Linh Street, Ha Noi.

Zika affects 5 percent of babies with confirmed infections: CDC

 The first report on how the Zika virus affected U.S. territories showed that 5 percent of women with confirmed infections had babies with birth defects, 

Banks rush to buy financial companies, anticipating consumer credit boom

VietNamNet Bridge - Many M&A deals between banks and finance companies have been reported recently. 

Social News 9/6

 Condolences sent to Portugal over forest fires, Remains of two American servicemen repatriated, Hà Tĩnh road named after first journalist martyr, Start-up competition for students held in Da Nang

Kids take part in painting workshop

Around 72 kids from primary and junior secondary schools in Da Nang are taking part in a painting workshop. The event started yesterday and will last until June 26th.

Last week’s heat spell unlikely to re-emerge

There is no evidence to show that northern Viet Nam’s recent record-breaking hot weather--the hottest in 45 years--will repeat again this summer, 

U22s to compete against K.League All Star team next month

The Viet Nam Football Federation has invited the South Korean K.League All Star team to compete in a friendly match against the national U22 squad next month.

E-visa pilot scheme boosts tourism

The electronic visa (e-visa) pilot scheme has had a positive impacts on Viet Nam’s tourism industry since it was implemented at the beginning of the year.

Low-cost car manufacturers can’t find opportunities in Vietnam

VietNamNet Bridge - Though demand for low-cost cars in Vietnam is high, low-cost car manufacturers have failed to enter the market.

Street artists bring color to Israeli and Jordanian streets

 With large murals of black cats and colorful gurning faces, a group of traveling international artists are bringing a splash of colorful street art to towns in Israel and Jordan.

Verizon plans to cut 2,000 jobs at Yahoo, AOL: source

 Verizon Communications Inc (VZ.N) is expected to cut about 2,000 jobs when it completes its $4.48 billion acquisition of Yahoo Inc's (YHOO.O) core assets next week, 

Major Ha Noi hospital projects dropped

Several major hospital construction projects that would have provided residents of the capital and its surroundings with thousands of beds have been abandoned over the past decade.

Local, foreign artists at Hennessy concert

 VietNamNet Bridge – Famed Vietnamese and foreign artists and music bands will perform at the 8th Hennessy Artistry concert to be held on June 9 in Da Nang City. 

Phuong, Tuyet win canoeing gold in Hungary

Viet Nam duo Truong Thi Phuong and Nguyen Thi Tuyet passed their Chinese rival to win a gold medal at the International Canoe Federation Women’s Canoe Cup,

HCM City reports 1st rabies death in 7 years

 VietNamNet Bridge – The first death caused by rabies in HCM City since 2010 has occurred in Go Vap District, according to the Department of Health.

$143.5m Mekong sluice project comes under fire

The VND3.3 trillion (US$143.5 million) Cai Lon-Cai Be dual sluice project aims to control saline intrusion and adapt to climate change in Cuu Long (Mekong) Delta Province of Kien Giang. 

Nam wins in both singles and doubles in Singapore

 VietNamNet Bridge –  Vietnamese tennis player Ly Hoang Nam won his singles and doubles matches at the Singapore F3 Men’s Futures yesterday.