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Finance Ministry rejects LG Display’s plan to increase investment capital

The Ministry of Finance’s (MOF) move to reject LG Display’s plan to increase investment capital by $90 million to $1.59 billion shows state agencies’ concern about possible financial imbalance if foreign-invested enterprises rely heavily on loans.

Hanoi to crack down on fire safety violations

Developers of high-rise buildings that violate safety codes will not be eligible for future land allocation or land lease, according to the People’s Committee of Ha Noi.

More CNG buses enter service in HCM City

 VietNamNet Bridge – Twenty six buses running on compressed natural gas (CNG) began plying on route No 32 on Saturday in HCM City.

Vietnam gears toward agro export expansion

Nguyen Xuan Cuong, Minister of Agriculture and Rural Development, talks to Nong thon Ngay nay (Countryside Today) about plans to increase exports of agro-products.

35 people exposed to HIV test negative

Eleven more people were exposed to HIV after responding to a traffic accident in Kon Tum Province, with 35 people altogether exposed to the virus altogether.

PM’s Germany visit to transmit message about dynamic Vietnam

 Prime Minister Nguyen Xuan Phuc’s visit to Germany and his attendance at the G20 Summit from July 5-8 is expected to showcase Vietnam as a dynamic country, and a trusted and responsible member of the international community.

Retail sale segment - delicious cake for domestic, foreign banks

 Both foreign and domestic banks are racing to develop retail sale strategies in Vietnam, the 93-million-people country-a fertile land for banking retail business.

Vietnam serves 6.2 million foreign tourists in H1

Vietnam welcomed 6.2 million foreign visitors in the first half of the year, a year-on-year increase of 30.2 percent, and served 40 million domestic tourists, earning $11.5 billion in revenue.

Foreigners allowed to apply for visas online

 Vietnam’s immigration agency on July 2 launched a website where domestic organizations and businesses can apply for visas for their foreign guests to visit the country.

South Korea to lend $100mn for bridge projects

 The South Korean Government’s Economic Development Cooperation Fund (EDCF) will provide a loan $100 million for Vietnam to build or renovate 22 bridges around the country.

ASEAN Song Contest 2017 to be held in Vietnam

 The ASEAN Song Contest 2017 will take place in the north central province of Thanh Hoa from August 18-21.

VN remains key focus for global hotel industry: Jones Lang LaSalle

 Hoteliers are attracted by Vietnamese rapidly growing tourism sector, robust economic development and infrastructure investments, real estate consultancy Jones Lang LaSalle has said in a recent report.

UK anti-virus software launched in Vietnam

 The UK-made BullGuard anti-virus software has come to Viet Nam for the first time amid the increasing occurrence of cyber attacks.

Vinamilk tops most valuable firms list

Forbes Vietnam on Monday announced Vinamilk topped the 40 most valuable companies in the country with a value of more than US$1.7 billion. This is the second time Vinamilk has reached the top in the Forbes ranking.

Aluminum pollution in Dak Nong

 Authorities in Central Highlands province of Dak Nong have asked the Dak Nong Aluminum Company to ensure that aluminum powder is not released into the environment.

Hanoi to set up 10 urban railway routes

 Hanoi will invest in 10 urban railway routes from now until 2030 with total funds of more than US$40 billion.

Vietnam's unemployment dips slightly in Q2

 In the second quarter of this year, Vietnam recorded a labour force of 54.52 million, of which 53.4 million people aged 15 years or more found work, according to the General Statistics Office (GSO).

Hai Van tunnel to be closed daily

 The Hai Van Tunnel, connecting Da Nang City and Thua Thien - Hue Province, will be closed for 30 minutes every day starting from July 11, said the Ministry of Transport (MoT).

Ly Hoang Nam wins first tennis match in China

 Ly Hoang Nam of Vietnam won his first match at the China F11 Men’s Futures tennis tournament in Shenzhen City, Guangdong Province, on July 3.

Vietnamese cueists aim for world glory

 Nine Vietnamese cueists will compete in the three-cushion World Cup championship in Porto, Portugal.