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U.S. ethanol makers steer away from fuel, reach for booze

A U.S. glut of fuel-grade ethanol has major producers, including Green Plains Inc (GPRE.O) and industry pioneer Archer Daniels Midland Co (ADM.N), pursuing other markets and idling excess capacity ...

Social News 3/8

 Expert: Cars should be restricted first, $852.7 mln approved for health care-population program in 2016-2020, Phone app helps report waterways violations, 5,000 people to take part in fundraising walk for AO victims

Processed food could be next big money-earner for Vietnam

Vietnamese are wasting many good agricultural products as they sell them as raw materials instead of processing them for added value. 

Flooding takes toll on Dien Bien, Son La

 Heavy rains in recent days have caused severe flooding in the northern mountainous provinces of Son La and Dien Bien.

Vietnam should speed up renewable energy development

 Vietnam should develop renewable energy sources in a timely manner in order to meet the rising demand for electricity in the years to come, according to industry watchers.

VinaPhone, Viettel slash roaming rates

 Domestic mobile carriers VinaPhone and Viettel have slashed charges for data roaming services for subscribers, helping them stay connected at an extremely low rate when going abroad.

PV Oil misses IPO schedule again

 PetroVietnam Oil Corporation (PV Oil)  still cannot launch a much-awaited initial public offering in July as scheduled, the second time it has missed the deadline in the past couple of months.

The man who infuses spirit into letters

Inside the Central Post Office in HCM City, foreign tourists might be captivated by not only the charm of the French-built building but also the image of an 87-year-old man who has been sticking with his job as ghostwriter. 

PM asks each sector to ensure its growth target achievement

 Prime Minister Nguyen Xuan Phuc discussed various issues while chairing the Government’s regular meeting on August 3, asking officials to take measures to ensure their sectors and agencies reach this year’s growth targets.

Mekong Delta short of specialized doctors

 The Mekong Delta has 152 doctors of five rare specialities and by 2020, over half of senior doctors will retire.

38 big hospitals use test results of other facilities from August 1

 It is estimated that 38 big hospitals will accept test results carried out by other facilities from August 1 aiming to cut medical charges for patients and it is hoped to save $10.1 million  a year.

Tourism promotion needs funding boost

 Vietnam welcomed 10 million international visitors last year, the largest number ever, but more spending on tourism promotion is needed, a team of tourism enterprises told the second Vietnam Private Sector Forum.

Hanoi halts broadcasts on loudspeakers in four central districts

Daily radio broadcasts on loudspeakers in Hanoi’s four central districts of Hoan Kiem, Ba Dinh, Dong Da and Hai Ba Trung, will be suspended until the end of 2018.

Rain forecast all week in the north of Vietnam

 The northern region will have rains and rainstorm from now on to August 6 according to the Centre for Hydrometeorology Forecast Central.

Danang beaches covered in 30 tonnes of rubbish

 Cleaning workers in Danang are trying to collect the large amount of rubbish that has covered beaches in the central city.  

Danang denies Uber pilot run

 Danang City Department of Transport said on August 2 that they hadn't allowed Uber and Grab Car to operate yet despite an advertisement about Uber's pilot run posted on the internet.

The fortune of banking tycoon Tram Be

 Former chairman of Southern Bank and Vice Chairman of Sacombank Tram Be has been arrested in a case that caused USD400m to go missing from the banking system.

Young Vietnamese pianists perform well at Int'l Piano Competition

 Three Vietnamese prodigies named Le Phuong, Pham Thanh Thao and Tran Bao Tran have won high prizes at the 7th Mozart International Piano Competition in Thailand.

Thuy Dung to compete at Miss International 2017

 The second runner-up of Miss Vietnam 2016, Thuy Dung, will represent Vietnam at the Miss International pageant scheduled to open on October 25th in Tokyo, Japan.

Industry Ministry rejects proposal to close mine

 The Ministry of Industry and Trade (MoIT) has rejected a proposal to shut down a major iron mine over concerns that it poses risks to the environment.