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Thailand becomes ‘King of Cement’ in Vietnam

 Thailand based Siam City Cement Public Company (SCCC) has agreed to purchase a 65% stake in cement manufacturer Holcim (Vietnam) (HVL) from French headquartered LafargeHolcim, according to an SCCC statement.

New show to serve tourists in HCM City

 Overseas Vietnamese comedian Van Son, the owner of The V Show theater, will run The Amazing V Show in District 3, HCMC to serve locals and foreign tourists to the city.

PCA award helps resolve East Sea issue

One month after the Permanent Court of Arbitration (PCA) decided an award on the Philippines’ arbitration proceedings against China on interpretation and application of 1982 UNCLOS, public shows concern over implementation of the ruling.

Vehicles to be banned around Hoan Kiem Lake

 Hanoi Police Department has proposed banning all vehicles from operating in the area around Hoan Kiem Lake during weekends to create more space for pedestrians.


Forbes: Vietnam needs more investment in tourism

 Vietnam needs to increase its funding for promoting tourism to realise its target of doubling the figures for international tourists as well as revenue by 2020, according to Forbes. 

President meets religious dignitaries

Religious activities must aim to strengthen the solidarity of religious followers in the great national unity bloc so as to serve national construction and defence, said President Tran Dai Quang.

'Black girl magic' gives U.S. hurdles sweep

 Like many black American women, Brianna Rollins, Nia Ali and Kristi Castlin have faced a good few hurdles of the metaphorical kind in their lives.

Portion of major highway reopens as California wildfire rages

 A portion of a major highway connecting Los Angeles and Las Vegas has been reopened, as a wildfire that forced the evacuation of some 80,000 Southern California residents continued to rage virtually unchecked.

Yen Bai’s two top officials shot dead

VietNamNet Bridge – The Party Secretary and Chairman of the People’s Council of the northern province of Yen Bai were shot and killed at their offices by the chief of the local forest protection agency.

Lan Khue, Pham Huong get Her World Young Woman Achiever 2016

 The Women’s magazine Her World has bestowed Her World Young Woman Achiever prize on model Lan Khue and Miss Universe 2015 Pham Huong at a gala night in HCM City.

Social News 18/8

Hanoi to pilot zany parking scheme, Pregnant woman killed in truck accident, VRC runs first-ever disaster response drill, HCM City student wins comedy reality show, Mother kills three children following family dispute

VN tourism needs better climate plan

 VietNamNet Bridge – Viet Nam needs new, radical, coherent policies and green business practices linking tourism with environmental protection and climate action,

Businesses target individual investors when issuing corporate bonds

VietNamNet Bridge - Large conglomerates, when issuing corporate bonds, now tend to target individual investors instead of focusing on institutional investors, according to analysts.

Discover Ta Nang-Phan Dung trekking paradise

Rising to a height of 1,100 metres above sea level, the Ta Nang-Phan Dung trekking route in the central province of Binh Thuan promises fabulous panoramic vistas of forests, mountain passes and pristine streams.

BUSINESS IN BRIEF 18/8

 Ghost month hampers real estate sales, Vietnam shifts towards high-quality rice export, Woodchip exports tumble in first six months, Woodchip exports tumble in first six months, High consumption to raise steel prices

Brazil police pull U.S. swimmers from flight in robbery probe

 Brazilian police stopped three U.S. Olympic swimmers from boarding a flight home on Wednesday to question them about inconsistencies in their accounts of being robbed at gunpoint in Rio de Janeiro,

Sabeco to be listed on exchange

 The Saigon Beer, Alcohol and Beverage Corp (Sabeco) may get permission to be listed on the stock exchange in the near future, the Ministry of Industry and Trade (MoIT) said in a statement.

State Bank of Vietnam to submit restructuring plan

 The State Bank of Vietnam (SBV) expects to submit to Prime Minister Nguyen Xuan Phuc a project to restructure credit institutions between 2016 and 2020 in Q3 of 2016.

Hundreds of relic sites in Hanoi need preservation

 Hundreds of relic sites in Hanoi suffer from serious degradation and need prompt repair, but the estimated costs amounting to trillions of dong surpass the city’s financial capacity.

Vietnam introduces North-south sky highway

 The Vietnam Air Traffic Management (VATM) launched two so-called highways on the sky on the north-south route to shorten travel time on August 18.