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Discount train tickets on Nha Trang-Hue route

 The Vietnam Railways (VNR) will drop the cost of tickets by 20 percent on the tourist trains departing from Nha Trang to Hue in the central region and vice versa from May 19 to May 31.

Vietnamese PM to attend 2017 World Economic Forum on ASEAN

 Prime Minister Nguyen Xuan Phuc will lead the Vietnamese delegation to the World Economic Forum on ASEAN, which will take place in Phnom Penh, Cambodia, from May 11-12, the Foreign Ministry announced on May 5. 

President Tran Dai Quang to pay State visit to China

 President Tran Dai Quang and his spouse will pay a State visit to China and attend the high-level forum on the Belt and Road Initiative from May 11-15, the Foreign Ministry announced on May 5.

Army top official receives Chinese naval commissar

 Chairman of the General Department of Politics of the Vietnam People’s Army (VPA) Luong Cuong had a meeting in Hanoi on May 5 with Miao Hua, Political Commissar of the Chinese People's Liberation Army Navy.

M&A deals - primary method of investors entering VN estate market.

Vietnam’s real estate market has witnessed a flood of capable developers intensifying their M&A activities in order to secure projects with favorable locations. 

Sacombank’s restructuring - a key test of SBV's plans for addressing poorly-performing banks

 Sacombank’s restructuring is a key test of the central bank’s plans for addressing poorly-performing banks.

BUSINESS IN BRIEF 7/5

 Google: Online travel research more common than in US, Changes needed in energy strategy: expert, Market predicted to move flat in May, Solutions for 12 loss-making projects determined

Town chair resigns to become debt collector

VietNamNet Bridge - Money invested in Phuoc Son cannot rescue the gold company owned by a Canadian group from bankruptcy. Hundreds of creditors, including the chair of a town, have had to resign from their posts to spend time to collect debts.

VN insurers need capable agents

 Insurers need capable agents to fend off the challenge from insurance brokers.

New way of brand building

 sShoe, a local footwear startup, has invested in brand building from the outset.

In pursuit of development

Hyun Woo Bang, Vice President of Samsung Vietnam, spoke about the country's investment environment and industrial development strategy for "Industry 4.0" and what Samsung expects of its Vietnamese suppliers.

Vietnamese karatekas win 22 golds at regional championship

 Viet Nam ended the Southeast Asian Karate Federation Championships with 22 gold medals and was ranked second behind hosts Indonesia in the medal tally.

HCM City approves three new electric-bus routes

 The HCM City People’s Committee on Thursday approved three new electric-bus routes to serve tourists in the city, according to the city’s Department of Transport.

HCM City told districts to build swimming pools for kids

 All districts in HCM City have been told by the city’s People’s Committee to give priority to allocating land and funds to build at least one new swimming pool each year in their localities until 2020.

Stepping into a student’s world for salty chicken feet

The restaurant An Vien at the end of the Tran Dai Nghia Street, near its intersection with the Dong Tam Street, is quite famous among the student populace for its exceptional recipe of salty stir-fried chicken feet and wings.

Vietnamese ship owners warned about returning to black list

Admitting that the number of ships held in custody rose significantly in the first quarter of 2017, the Vietnam Maritime Bureau (Vinamarine) said it had warned ship owners against using substandard ships.

Indonesia arrests nearly 580 Vietnamese for illegal fishing

 Indonesian authorities have so far captured nearly 580 Vietnamese fishermen for illegal fishing in the country’s waters.

HCM City installs more cameras to fight street thieves

 Police in Ho Chi Minh City’s District 12 on May 5 inaugurated a centre to monitor more than 500 public security cameras as an effort to prevent street crimes.

Seminar talks IPv6’s importance to Internet of Things

 A thematic seminar on the close linkage between IPv6 (Internet Protocol version 6) and the Internet of Things (IoT) industry took place in Hanoi on May 5. 

VN's farmed seafood exports likely to hit $30-35 billion by 2030

 Vietnam’s farmed seafood output is likely to reach 4.7 million tonnes with export earnings expected to hit 30-35 billion USD by 2030.