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Painting exhibition in Helsinki to support VN disadvantaged students

 VietNamNet Bridge – A painting and photo exhibition to raise fund for disadvantaged students in the mountainous province of Lao Cai, Vietnam opened in Finland on August 27.

New entrants heat up Vietnamese beauty market

 An increasing number of new players are entering the Vietnamese beauty market as local consumers are becoming more conscious of beauty treatment and products.

Foreign investors swarm Long Thanh airport project

To reaffirm their ambitions of developing Long Thanh International Airport, Hanoi General Export Import JSC and Hong Kong United Investors Holding submitted their proposal to the prime minister for approval.

Wealthy Vietnamese shoppers prefer to purchase products online

 In Vietnam, e-commerce has posted weak annual growth in the fast-moving consumer goods market over the past five years, said Kantar Worldpanel in a recently released report on the Asian market.

Techcombank to sell 500 million shares in two phases

 Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will put 500 million shares on sale in two phases.

Tax agencies ramp up anti-transfer pricing measures

 The more aggressive enforcement of transfer pricing laws may make life harder for multinational companies in Vietnam who do not carefully follow the tax authority’s guidance.

Bkav invests $22m on smart phone

 The Bkav Technology Group has spent VND500 billion (nearly US$22 million) since 2009 on researching and producing the indigenous smart phone called Bphone, its CEO Nguyen Tu Quang has revealed.

Tran Anh Digital and Mobile World on verge of merger

Electronics retailer Tran Anh Digital is seeking its shareholders’ approval to sell a 25 per cent stake to Mobile World, paving the way for a merger into the latter company.

VN to reform rice production, improve exports

VN will reform rice production to gain sustainable development in the production and export of rice, according to Viet Nam’s Rice Market Development Strategy from 2017 to 2020.

VN consumer confidence at record high: Nielsen study

VN ranks the fifth most optimistic country globally with an index score of 117 in the latest Consumer Confidence Index released by Nielsen, its highest score in the past five years.

New collateral rules good for VN banks: Moody’s

The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth, Moody’s Investors Services said.

Hai Van Pass most challenging road

The Hai Van Pass lies between Thua Thien-Hue province and Da Nang city in central Vietnam. It is around 20 kilometres in length and around 496 metres above sea level.

SEA Games 29: Thach Kim Tuan gets gold in weightlifting

 Weightlifter Thach Kim Tuan on August 28 won a gold medal in the men’s 56-kg event for Vietnam at the ongoing 29th Southeast Asian Games (SEA Games) in Malaysia.

President Tran Dai Quang receives outgoing Cuban ambassador

 President Tran Dai Quang congratulated outgoing Ambassador Herminio Lopez Diaz on the latter’s successful term in Vietnam while receiving the Cuban diplomat in Hanoi on August 28.

Donations sought for students in central Vietnam

 The New York-based Institute for Vietnamese Culture and Education (IVCE) has called for donations to support poor students in rural villages of Quang Ngai and Lam Dong provinces for the new school-year.

Car dealers warned of bad business performance in second half of year

The truck market is struggling as the demand for Chinese products has dropped dramatically, while car buyers have canceled their purchase plans and will not return until 2018 when import tariff cuts take effect, making vehicles cheaper.

Salt farmers struggle with weak crops

Fifty-seven-year-old Nguyen Thi Hau has been pole-shouldering salt for more than half of her lifetime. She has never thought of quitting, but the poor crop of salt this year has discouraged her a bit.

Testing centre proposed to tackle Ngoc Linh ginseng

In traditional markets in Nam Tra My District, prized and valuable Ngoc Linh ginseng abounds. What eager customers don’t know is that the herb they buy might not be the real thing.

Officials vow to prepare expressway land on time

 VietNamNet Bridge – HCM City and Long An Province authorities need to co-ordinate closely to build the Ben Luc-Hiep Phuoc Section of Ring Road 4, 

Bayer, J&J in frame for bigger anti-clotting market opportunity

 Bayer and Johnson & Johnson’s blockbuster clot prevention drug Xarelto was shown to cut the risk of potentially deadly strokes and heart attacks in patients with severe atherosclerosis by 24 percent,