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Limit on age of import machines hinders Japanese FDI

The regulation that machines which have been used for more than 10 years will not be allowed to be imported to Vietnam is expected to affect Japanese FDI (foreign direct investment) in Vietnam.

Ly Hoang Nam, Sun Fajing to China F12 tennis event semi-final

Vietnamese Ly Hoang Nam and Chinese Sun Fajing came from behind to defeat Purcell Rhett from England and Stevenson Kelsey from Canada 23-6, 6-2, 13-11 in the quarter-finals of the China F12 Men’s Futures tennis tournament.

Le Quang Liem jumps to second spot in China chess tournament

 Vietnamese representative Le Quang Liem pocketed his first win in the ongoing eighth Danzhou Super Chess Grandmaster in China.

Flowers and jazz at VCCA

 Vincom Centre for Contemporary Art (VCCA) will host two events on Saturday, with a workshop on flower arrangement and a jazz show.

Arts talk on self-expression at The Factory

 The Factory Contemporary Arts Centre will host an arts discussion on self-expression on July 14.

Dark hair dye and chemical relaxers linked to breast cancer

 African-American and white women who regularly chemically straightened their hair or dyed it dark brown or black had an elevated risk of breast cancer, 

British techno producer to host show at Observatory

 Heart Beat, a Saigon-based underground music community, will hold a music and light show with London-based techno producer and DJ Sigha at The Observatory on July 21.

PM Nguyen Xuan Phuc’s trip to Germany, Netherlands a success: Deputy FM

 Prime Minister Nguyen Xuan Phuc’s trip to Germany and the Netherlands, from July 5-11, was a success with numerous deals between Vietnam and the two countries signed, said a Vietnamese Foreign Ministry official. 

Virginia enhances ties with Vietnamese localities

 Virginia treasures and wants to intensify cooperation with Vietnam, especially in economics, trade, and education and training, said the US State’s Governor Terry McAuliffe.

Experts: Trimmed interest rates might affect NIMs

 Commercial banks which have cut interest rates for short-term lending following the State Bank of Vietnam (SBV)’s cue might suffer a further decline in the net interest margin (NIM), experts said.

HCM City discusses smart traffic system near port

 Officials and experts have called on the Ho Chi Minh City People’s Committee to adopt smart traffic systems to reduce the congestion around Cat Lai port in district 2.

Top choices for those who prefer to travel solo in VN

VietNamNet Bridge - For those who prefer to travel solo, here are the top destinations in the country for this purpose.  

Swiss private bank Falcon introduces bitcoin asset management

Wealthy clients of Swiss private bank Falcon will be able to store and trade bitcoins via their cash holdings with the bank from Wednesday, a move that signals the traction the virtual currency is gaining 

HCM City adjusts planning schemes for industrial zones

HCM City is adjusting its industrial development strategy until 2020, including removing zoning plans for delayed industrial parks and downsizing the scale of industrial complexes in a bid to speed up investment projects and lure more investment.

Quang Tri, Lao province bust smuggling of 40,000 synthetic pills

 The border force in the central province of Quang Tri in collaboration with police in the Lao province of Salavan captured two Lao nationals trafficking 40,000 synthetic pills on July 11.

Vietnam trade information portal launched

 A ceremony was held in Hanoi on July 12 to launch the Vietnam trade information portal at http://www.vietnamtradeportal.gov.vn 

Virtual tour of Hanoi Opera House launched

 A virtual tour of the Hanoi Opera House was launched in Hanoi on July 12, offering visitors a brand-new experience and an insight into different aspects of the renowned building.

Memorial services held for soldiers killed in Bien Hoa airport battle

 The southern province of Dong Nai on July 12 held a ceremony to commemorate soldiers who died in Bien Hoa airport battle in 1968 and re-bury the newly-found remains of the fallen soldiers.

“Returning to Truong Son cycling race to open

 The “Returning to Truong Son” cycling race, the third of its kind launched by the Quan Doi Nhan Dan (People’s Army) newspaper, will kick off in Hanoi on July 15, heard a press briefing in Hanoi on July 12.

No “prohibited zone” in execution of Party disciplinary measures

 There is no “prohibited zone” in the inspection and execution of the Party’s disciplinary measures, stressed a conference in Hanoi on July 12.