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First Mother Goddess practice festival to open

Viet Nam’s first-ever festival featuring Mau Thuong Ngan (Mother Goddess of Forest) worship will bring folk artists from across the nation to Yen Bai Province on May 20 and 21. 

Two railway routes to be built in Hanoi

Some VND62 trillion (US$2.7 billion) of official development aid (ODA) is the amount proposed by the Ha Noi People’s Committee to build two new railway routes in the city.

Da Nang launches smartphone bus app

 Danabus, an app for smartphones that allows users to find buses in the central city of Da Nang, has been officially launched by the city’s Department of Transport.

Pre-paid SIM cards require updated registrations

 Pre-paid SIM cards will no longer be available for use by those who do not update their information with their provider, according to new regulations on violations in telecommunications, IT, and radio frequencies.

First photography museum to open in Hanoi

A photography museum will open on May 15 in Lai Xa village, Hoai Duc district in Hanoi and display and introduce the photography village’s traditional trade. 

Noi Bai expansions proposed

 Hanoi has proposed adding two new terminals at Noi Bai International Airport to deal with possible overload in the next few years.

Vietnam moves towards high-tech agriculture

 The Internet of Things (IoT) is perhaps the most obvious impact of Industry 4.0 on agriculture. 

VinaCapital divestment bout continues with $11 million deal

The HCM City Stock Exchange just announced that three of VinaCapital’s foreign investment funds have recently sold more than 29.4 million shares of Quoc Cuong Gia Lai Joint Stock Company.

VN Index to test 730 points this week

 Viet Nam’s benchmark VN-Index is expected to rise further this week and meet a strong test to get past the level of 730 points.

ATM services must run 24/7: Bank

 Following recent complaints that several banks in Viet Nam have stopped providing ATM services at night, the State Bank of Viet Nam (SBV) has ordered all banks nationwide to provide ATM services 24/7.

Seafood exporters slam red tape

 The Government will likely ease the requirement for seafood enterprises to submit declarations of conformity with food safety regulations, officials said at a conference on Saturday.

Shake-up needed in managing State capital

 Viet Nam urgently needs an effective model for managing State capital at State-owned enterprises (SOEs) to prevent loss and corruption while promoting efficiency in using State capital.

Binh Son Refining and Petrochemical Company to sell shares, seek out experienced investors

Binh Son Refining and Petrochemical Company Limited, the operating and managing unit for the Dung Quat Refinery, has sent invitations to 15 domestic and foreign investment funds in preparation for IPO in the third quarter of 2017.

Clean farming method benefits needy people

 Unlike in previous years, thousands of farming households in Triệu Phong district of central Quang Tri province see organic farming as offering a sustainable livelihood and a way out of poverty.

VN macadamia growers advised to be cautious

 The planting of Macadamia trees is expected to help the Central Highlands provinces in general and Dak Lak province in particular to reduce poverty.

It’s time to have a law on controlling air pollution: experts

VietNamNet Bridge - Air pollution is getting more serious in large urban areas, with pollution in the north more serious than the south. 

BUSINESS NEWS 15/5

 Development gap hinders linkages in APEC auto industry, Striving for 1.2 percent GRDP contribution rate, Doosan Vina exports cranes to India, Hanoi-Hai Phong Expressway investor grieves over lack of support

$87.6 million project stops after 3 years of operation

VietNamNet Bridge - The Ministry of Education and Training's (MOET) project on applying VNEN (the Vietnam Escuela Nueva) model at general schools has not succeeded. 

The back-up plan of domestic automobile manufacturers

Contrary to all predictions, automobile manufacturers have set modest targets for this year’s business plans. After a two-year boom, the automobile market is expected to be more quiet in 2017.

Da Nang student invents flood warning system

VietNamNet Bridge - At the Da Nang University of Technology, Nguyen Huynh Nhat Thuong is a famous student. His early warning system for floods has won top prizes at scientific research contests.