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Vietnam to have policy on competition by 2017

Vietnam will build a policy on comprehensive competition by 2017, Director of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung said at a workshop in Hanoi on August 3.

Hanoi calls for Japanese advanced technology in waste treatment

Hanoi is offering incentives for enterprises, particularly those from Japan, to apply advanced technologies in waste treatment in the capital, said Chairman of the municipal People’s Committee Nguyen Duc Chung.

Public satisfaction – meter of administrative reform: Deputy PM

 The Ministry of Finance should take people and businesses’ satisfaction as the meter of its administrative reforms’ effectiveness, Deputy Prime Minister Truong Hoa Binh said at a working session with the ministry on August 3.

Party chief bids farewell to Cambodian ambassador

Party General Secretary Nguyen Phu Trong lauded outgoing Cambodian Ambassador Hul Phany for strengthening the fine neighbourliness, traditional solidarity and friendship between Vietnam and Cambodia during a reception yesterday. 

Hanoi People’s Council passes socio-economic development plan

 Hanoi will focus on urban planning, construction and management, and new rural building, along with resources management and environmental protection in the next five years.

Hanoi People’s Council adopts resolution on relieving deputy

 The Hanoi People’s Council adopted a resolution relieving Nguyen Thi Nguyet Huong of her post as deputy of the council for the 2016-2020 tenure during its third working day of the second session in Hanoi on August 3.

Foreign capital keeps flowing to property sector

Official reports show an increase in foreign direct investment (FDI) in the real estate sector, as a number of mergers & acquisitions (M&A) deals and investment from Singaporean tycoons have been made recently. 

Social News 4/8

Health Ministry checks dengue fever prevention task in 18 cities, provinces, Program launched to support poor people in central Vietnam, Lao Cai: Thunderstorm, lightning leave two deaths, New riverside road to go up in HCMC

Vietnam trade with ASEAN uneven

 VietNamNet Bridge – During her business trips to ASEAN member countries, Nguyen Hong Hoa of HCM City finds it very hard to find Vietnamese goods on supermarket shelves in Malaysia or Singapore.

Public performance “Singing fingers”

VietNamNet Bridge – Over the past 6 months, a group of deaf and mute people have staged performance on Nguyen Hue walking street in district 1, Ho Chi Minh City. At about 7 pm every day, they place their musical instruments and loudspeakers

Local authorities destroy bridge handrails by rumors

 Local authorities in Can Tho City are being criticised for damaging handrails of seven of eight bridges in two hamlets so cars can get through.

Taiwanese footwear giants scaling up presence in Vietnam

Taiwan’s footwear giants are looking at Vietnam as an attractive stop-off point to open new manufacturing plants. 

Minimum wage to rise 7.3% in 2017

The minimum wage will increase by 7.3 per cent in 2017, a National Wage Council meeting on August 2 in northern Vinh Phuc province has decided.

Hanoi approves new tourism decree

Hanoi targets welcoming 30 million tourists by 2020, including 5.7 million international arrivals, for an annual increase of 8 to 10 percent, according to Resolution No. 6 on developing the capital’s tourism in the 2016-2020 period.

Hanoi lists property projects mortgaged by developers

The Hanoi Department of Natural Resources and Environment has released a list of real estate projects in which the property has been mortgaged with banks as at July 29.

Property developers irritated by released mortgaged property list

The HCM City Department of Natural Resources and Environment’s recent release of a list of 77 housing projects mortgaged at local banks was met by divergent sentiments in the business community.

AAG submarine cable breaks, Internet in Vietnam affected

VietNamNet Bridge – The AAG submarine cable system connecting South East Asia and the United States broke on August 2, seriously affecting Internet connection in Vietnam. 

Second storm likely to bring downpour in north Vietnam

Tropical storm Nida, the second of its kind in 2016, is forecast to bring heavy rain in the north of Vietnam.

Police probe alleged illegal sulfur transport in Phu Tho

 VietNamNet Bridge – Police in the northern province of Phu Tho are investigating allegations that a private company has been transporting sulfur through residential areas without proper licensing and conditions.

Pressing issues heat up Government’s press conference

The hack on Vietnam Airlines’ website, Formosa’s illegal dumping of waste and preferential loans from China loans for highway building were hot topics at the Government’s regular press conference on August 2.