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iPhone 6, 5S selling better than iPhone 7 in Vietnam

Though Vietnamese fans of iPhones are always eager for the latest-generation models, they still prefer iPhone 6 and iPhone 5S marketed 3-4 years ago, to the iPhone 7 and iPhone 7 Plus.

BUSINESS IN BRIEF 28/7

 Vinacomin divestment sees avid foreign interest, State Treasury raises 2.37 trillion VND from G-bonds, Seagoing vessels to be inspected for safety worldwide, HCMC to handle half done projects in downtown area

Three foreign firms to invest in Hanoi's urban railway network

 Three foreign investors and six Vietnamese companies will build urban railway lines in Hanoi as the city revs up its public transport system, Chairman of the Hanoi People’s Committee, Mr. Nguyen Duc Chung, has said.

Company fined $44,000 for breaking environmental laws

Nghe Tinh Metal Color Joint Stock Company will have to pay a fine of VND1 billion (US$44,000) for a dam collapse incident in March and the violation of environmental laws.

100 workers hospitalised in Tien Giang for food poisoning

 More than 100 workers of Wondo Vina Limited Company in the Mekong Delta Province of Tien Giang were hospitalised on Wednesday afternoon with suspected symptoms of food poisoning.

Social News 27/7

 PM speaks highly of Samsung’s investment in Vietnam, Hoang Sa – Truong Sa exhibition comes to Nghe An, Smuggling, trade fraud on the rise, HCM City steps up flood-prevention efforts


Vietnam secure first win in Asian volleyball championship

 Vietnam defeated Sri Lanka to win their first match in the 19th Asian Senior Men’s Volleyball Championship in a dramatic five set 25-19, 16-25, 25-21, 20-25, 15-9 on Wednesday.

HCM City to upgrade downtown sewer system

 HCMC has asked the Prime Minister for approval to carry out a sewer system upgrade project in the downtown area, which would cost a total of VND570 billion (US$25.19 million).

Lam Dong licenses 10 adventure tour operators

 The tourism authority of Lam Dong has licensed 10 travel firms to organize adventure tours in the Central Highlands province.

PM criticizes 13 provincial leaders and ministers for slow disbursement

PM Nguyen Xuan Phuc has strictly criticized leaders of 13 heads of provinces, ministries and agencies over delayed disbursements for public projects, Minister and Chairman of the Government Office Mai Tien Dung said on July 25.

Finance Ministry refuses to cut coal import tax

 The Ministry of Finance has proposed increasing import duty on coal instead of reducing it for the Vietnam National Coal - Mineral Industries Group (Vinacomin) to cope with difficulties, Vietnamnet news website reports.

CNN names Hoi An floating lanterns among best travel photos

The photo shot, taken by John S Lander, depicting tourists in boats cruising admist colorful floating lanterns on the Hoai River in Hoi An has been named as one of the world’s best travel photos by CNN.

Notos Quartet to perform in HCM City

 The Goethe Institute in HCMC said the Notos Quartet, the award winning piano quartet from Germany will perform a special concert in Ho Chi Minh City Conservatory of Music (112 Nguyen Du Street, District 1), on August 5.

Da Nang to be livened up with colourful street dance festival

 A street dance festival will be held in Da Nang city, from 7:30 pm to 9:30 pm on July 29, which is expected to delight visitors with cheerful music and dances.

Vietnam - Japan Cultural Exchange Festival in Da Nang on way

The Vietnam - Japan Cultural Exchange Festival 2017 will be held from July 28 to 30 at Han River Port in the central city of Da Nang.

Limits proposed on foreign steel investment

 The Vietnam Steel Association (VSA) has proposed a limit be placed on foreign investment in steel projects making products that domestic enterprises are able to produce.

Vice Chief of Australian Defence Force in Vietnam

 The Vice Chief of the Australian Defence Force, Vice Admiral Ray Griggs, is visiting Vietnam from July 26 to 30.

Banks cut short-term deposit interest rates

 After two weeks of lowering lending interest rates for short-term dong loans following the central bank’s cue, several commercial banks have reduced their deposit interest rates.

Foreign investment in Vietnam surge 52 percent

Vietnam attracted US$21.93 billion in foreign direct investment (FDI) during the first seven months of this year, a surge of 52 per cent year-on-year, according to the latest Foreign Investment Agency statistics.

Two police officers die in crash with semi on Highway 1A

 Two police officers in Binh Thuan Province died Thursday, July 27, from injuries sustained in a collision after the transport vehicle they were riding in was struck from behind by an out of control tractor-trailer.