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Social News 21/5

 Da Nang emerges as popular destinations for RoK tourists, Tra Vinh farmers lend farmland for free to poor, Ly Son Island to celebrate First Culture Tourism Week, Blood clam farmers face losing their livelihoods 

State-owned companies’ outward investments yield few profits

VietNamNet Bridge - State-owned corporations have spent big money on outward investment projects, but have seen few profits.

Vietnam’s aviation market welcomes new fleets

By December 2017, Vietnam’s airlines had been operating over 160 airplanes of different kinds. The biggest fleet belongs to Vietnam Airlines with 86 aircraft, while Vietjet has 49 and Jetstar Pacific 19, according to Planespotter.

Private drama troupe offers training

 VietNamNet Bridge – The HCM City-based Hong Van Drama Troupe, a leading private theatre, is offering training courses in performance skills as the number of talented actors has declined in recent years.

HCM City seeks more funds for metro

 HCM City authorities have asked the National Assembly (NA) to increase investment for the city’s first two metro lines that start near Ben Thanh Market in District 1 and end at Suoi Tien Theme Park in District 9 and Tham Luong depot in District 12.

VN Gov’t strives to boost business environment

 Recent policies have underscored the Government’s efforts to improve Viet Nam’s business environment and national competitiveness.

VN trade and service sectors need revision

 The development of wholesale and retail infrastructure in Viet Nam has faced its fair share of rocky moments, but the industry’s growing role in consumption has put it at the forefront of the economy.

VN Central Bank to probe credit institutions’ operation

 The State Bank of Viet Nam (SBV) asked credit institutions to review their implementation of the SBV’s regulations on consumer loan management in a document issued this week.

HCM City reviews ongoing flood-prevention programme

 VietNamNet Bridge – Flood prevention works in HCM City between 2016 and 2020 are estimated to cost more than VND96.3 trillion (US$4.2 billion), 

Provinces ban land speculation

 After land prices, and, along with them, instances of violation of land laws, surged in certain places, the provinces involved have temporarily banned land transactions pending the approval of new regulations, helping cool off the market.

Property loan touches US$20.7 billion mark

 The total amount of outstanding loans of credit institutions in real estate by the end of last year exceeded VND471 trillion (US$20.72 billion).

VN stocks may keep weakening

Vietnamese stock markets will likely remain gloomy in the coming week as investors could maintain poor confidence amid the volatility of the market, thus keeping overall liquidity low and too weak for a market’s short-term comeback.

HCM City to host Blockchain Festival

 The Blockchain Festival to be organised in HCM City on May 24-25 is expected to open up new opportunities to develop the world’s leading software platform for digital assets and cryptocurrencies in Vietnam.

ICT improvements needed

 The human resources training quality for information, communications and technology (ICT) needs to be improved quickly amid the Fourth Industrial Revolution, said Deputy Minister of Information and Communications Phan Tam.

HCM City achieves four goals in pollution reduction

HCM City was able to reach four of its 16 goals in pollution reduction as part of its 2016-2020 programme to reduce pollution, according to city authorities speaking at a conference held on Friday in the city.

VN Communist Party announces personnel reforms, aims for capable and virtuous officials

 The Communist Party of Viet Nam (CPV) will focus its efforts on reforms, striving towards a “contingency of officials with competence, virtue, and reputation befitting their duties.”

Households along HCM City canals can’t afford resettlement apartments

 Residents living along canals in HCM City’s District 4 cannot afford to buy “relocation” apartments since their prices exceed the compensation they will receive, according to reports.

VN Internet users to have code of conduct

 The Ministry of Information and Communications plans to build a code of conduct for internet users to create a healthy networking atmosphere in the country.

No standard distance between toll stations

The Ministry of Transport has decided not to regulate the distance between toll booths in a draft version of a circular on the operations of Build-Operate-Transfer (BOT) toll stations, said minister Nguyen Van The.

Nam wins overall yellow jersey at Return to the Countryside

VietNamNet Bridge – Nguyen Nhat Nam of Domesco Dong Thap won the overall yellow jersey of Return to the Countryside cycling tournament which wrapped up on Saturday.