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Foreign shareholders in Vietnamese firms raking in the profits

VietNamNet Bridge - Thai, Japanese and Danish investors are earning trillions of dong from the shares of profitable Vietnamese enterprises they are holding.

Deputy PM urges readiness for disaster response

 This year’s natural disasters in Viet Nam have caused much severer consequences than the first seven months of 2016.

SEA Games 29 releases women’s football schedule

 The SEA Games 29 women’s football program has released its 2017 schedule for Vietnam, which includes opponents from four different teams as follows:

Tourism insiders seek ways to attract more foreigners to Vietnam

 Tourism managerial agencies and travel companies suggested measures to attract more foreign tourists to Vietnam at a meeting in Hanoi on August 3.

Sponsors donate $23.33 million to SEA Games 29

 The organisers of SEA Games 29 have received 100 million MR (around $23.33 million) from over 300 sponsors, Malaysian Minister of Youths and Sports Khairy Jamaluddin said on August 4.

ITF general meeting in HCM City designs strategy to 2020

 The International Tennis Federation (ITF) Annual General Meeting 2017, which took place in Ho Chi Minh City from August 1-4, focused on sketching out the ITF strategic vision towards 2024.

BUSINESS IN BRIEF 5/8

 Volkswagen Vietnam expands dealership network, $2.3-billion Nam Dinh power plant making headway, High-tech road solutions to keep Vietnam moving forward,  Ba Ria-Vung Tau seeking new developer for prime land plot

Trinh Xuan Thanh makes public appearance on TV

Trinh Xuan Thanh, former general director of PetroVietnam Construction Corporation made his first public appearance in the prime-time evening news program broadcast on Thursday by VTV.

VN wins one gold, two bronze at Int’l Informatics Olympiad

 Vietnamese students excellently grabbed one gold and two bronze medals at the 29th International Olympiad in Informatics (IOI 2017) in Tehran, Iran yesterday. 

Vietnam needs to develop renewable energy

Associate Professor Nguyen Minh Due, chairman of the Viet Nam Energy Science Council speaks to Tuoi tre (Youth) newspaper about the need to develop renewable energy in Viet Nam.

Businesses rush to list shares after gov’t threatens sanctions

VietNamNet Bridge - The government’s threat to dismiss CEOs of public companies which deliberately delay share listing is expected to contribute to a ‘whirlwind’ of shares offered in the last six months of the year.

VN eyes more venture capital

Dr Nguyen Quan, former Minister of Science and Technology, speaks to the newspaper Ha Noi Moi (New Ha Noi) about the role played by venture capital funds in start-up development.

Aikido instructor connects disabled children with life

Nguyen Thi Thanh Loan is an expert in the martial art of Aikido. For more than a decade she has held classes for disabled kids in HCM City, bringing hope and friendship to often lonely youngsters. 

Bui Vien walking street to open on August 19

 Bui Vien walking street is scheduled to finish the upgrade process on August 10 and it will be put into operation nine days later. 

Vietnam considers cutting export tariff to rescue cement manufacturers

VietNamNet Bridge - The Ministry of Planning and Invetsment (MPI) has proposed slashing the export tariff to save cement manufacturers facing million tons of cement in stock.

Man spends 20 years to conquer forest

 VietNamNet Bridge – Living in the southern-most province of Ca Mau since his life was difficult, Tran Van Xe has spent more than 20 years here or near the area.

Teachers pleased with new general education curriculum

VietNamNet Bridge - The newly released version of the general education curriculum has been applauded by teachers, who say that it is more explicit and more practical.

Expats come together to build a community project

 VietNamNet Bridge – They come from different backgrounds but have joined together for a community project in Viet Nam’s northernmost province of Ha Giang.

Retired woman inspires reading, for free

A retired professor has opened a book stall in Ha Noi, inviting passers-by to read books and newspapers for free. Drinking water, electricity, and reading glasses are also available. 

Commercial banks propose SBV to set higher credit growth limit

 From early 2017 till now, many commercial banks have almost reached the lending growth cap set by the State Bank of Vietnam and are now requesting SBV to set a higher credit growth limit to ensure more room for lending.