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VN-Index drops for second day, losing nearly 24 points

 VN-Index fell sharply for the second consecutive day, dropping nearly 24 points on May 17.

US$2 billion for One Commune, One Product programme

The Vietnamese Ministry of Agriculture and Rural Development (MARD) launched the One Commune, One Product (OCOP) programme worth nearly 45 trillion VND (about 2 billion USD) on May 17. 

Drug traceability looks towards industry 4.0

 VietNamNet Bridge – The Ministry of Health (MoH) has begun implementing a plan to strengthen control over drug distribution by applying information technology.

US hospital ship docks in Nha Trang, begins humanitarian programme

The US Navy’s hospital ship USNS Mercy docked in Nha Trang port of Khanh Hoa Province on May 17, beginning its Pacific Partnership Programme 2018 (PP18) from May 17 – June 2. 

Vietnam to host event on rice bran oil

Vietnam will welcome over 200 experts and researchers from around the world to participate in the fifth International Conference on Rice Bran Oil in Hanoi from May 23-25.

Vietnam ratifies Treaty on the Prohibition of Nuclear Weapons

Vietnamese Ambassador Nguyen Phuong Nga deposited with the UN Secretary General Vietnam’s instrument of ratification of the Treaty on the Prohibition of Nuclear Weapons on May 17, becoming the 10th country ratifying the document.

Da Nang to open access points to beaches

 VietNamNet Bridge – Two access points to public beaches will be constructed on Ho Xuan Huong Street and Ariyana Beach Resort.

TV series on Sai Gon in 1950s is a big hit

 VietNamNet Bridge – Every night on Viet Nam Television’s VTV1 channel, thousands of viewers are watching a new show about Sai Gon’s lifestyle in the 1950s.

Swiss snapper in love with Vietnam

 VietNamNet Bridge – Freddy Gentizon, known as McFreddy, a photographer from Switzerland, has spent 13 years capturing the beauty of Vietnam and its people.

English tutor fined, training centres dissolved

 VietNamNet Bridge – An English tutor in Hanoi was fined for using inappropriate terms to address her student and running tuition classes without a licence.

Travel license consignment subject to tough sanctions

 Travel firms lending or borrowing licenses will face tough punitive sanctions, including a suspension of license for 18 to 24 months and a fine of VND40-50 million, according to a draft Government decree.

Equity of PPP investors must make up 20% of total investment

 Investors involved in projects under the public-private partnership (PPP) must have equity accounting for at least 20% of total investment capital, according to a recently released decree of the Government.

Economic alliance members in central region fight, don’t unite

VietNamNet Bridge - The link among economic and industrial areas in the Central Region Key Economic Zone remains very weak after 10 years of development. 

Mid-tier smartphone market heats up

VietNamNet Bridge - The smartphone market was boiling in March and April when manufacturers rushed to sell mid-end products and apply attractive sale policies.

Stanford graduate returns to Vietnam to “create new value”

“Of all ways, starting up is the only way which allows you to create new value which never existed before,” said Pham Kim Hung, CEO of Base Inc, called the ‘golden boy’ of Vietnam’s math community.

Medium-sized banks boosting capital to enhance financial strength

 Medium-sized banks are working on massive capital increase plans to boost their financial capacity, striving to reach Basel II standards.

Industry 4.0 innovation poses challenges to Vietnam

On the journey toward the industry 4.0 innovation, Vietnam has met plenty of roadblocks and difficulties. However, one problem seems to be extremely challenging is the lack of high quality workforce. 

Police bust online gambling ring, arrest 10

 VietNamNet Bridge – An online gambling ring involving over VND100 billion (US$4.4 million) was busted in Thanh Hoa City on Tuesday.

Hanoi to install 15 cameras in flood-prone areas

Hanoi plans to install cameras at 15 locations at risk of flooding throughout the city, to better supervise the level of rising waters and put in place timely measures to avoid flooding during heavy rainfalls.

Residents in high-rises suffer water cuts

 VietNamNet Bridge – People in Hanoi are suffering the twin pains of hot weather along with water shortages in many areas.