Mizuho Financial Group will set up an US$252 million (28 billion Japanese yen) investment fund early this summer to invest in small- and medium-sized companies in Southeast Asia, Nikkei reported.

 Shares will continue to rise this week as investor sentiment remains positive, analysts say, driven by expectations that good earnings reports will be released in the “shareholder meeting season.”

State-owned tour developer Saigon Tourist will auction its entire holding of almost 363,800 shares of Jetstar Pacific this month, an amount equivalent to 1.14 per cent of the budget airline’s capital.

 Vietnam is targeting to earn between US$24 billion to $26 billion from leather and footwear exports by 2020 under a revised plan for leather and footwear industry development until 2025 with a vision to 2035.

 The Transport Ministry has no plan to change the current regulations on airfares, Minister Truong Quang Nghia has confirmed.

 In a remarkable turnaround for the company, wind towers produced by CS Wind Vietnam can now be freely exported to the US market without fear of anti-dumping duties.

 As the Southeast Asian country is looking to boost a high-tech agriculture, firms are looking for modern technologies in the world to apply in farming production.

 Vietnamese young masters earned four silver medals at the Asian Youth Chess Championships in Uzbekistan yesterday.

 Vietnamese Nguyen Thi That earned her second stage win in a row at the Tour of Thailand yesterday.

 Vietnam earned their third win at the 2018 Women’s Asian Cup qualification, beating Iran 6-1 on Sunday in Hanoi.

Viet Nam have been dropped to Group III in the Davis Cup’s Asia/Oceania zone after losing 0-5 to Iran in the play-off in Isfahan City, Iran.

HCM City authorities have acknowledged several lacunae in the Fire Fighting Department, including the lack of qualified personnel and inadequate planning for future contingencies.

VietNamNet Bridge – HCM City is considering to bury overhead electricity and telecommunication cables on 46 small streets in Districts 1 and 3 to improve the quality of life for locals.

 VietNamNet Bridge – HCM City should consider building car parks across Nhieu Loc – Thi Nghe and Tau Hu canals in order to cope with traffic congestion downtown, 

 Sand prices see sharp increase, 3-bedroom condos scarce in HCM City, to become hot cakes, Growth slows on mixed performance of large-cap stocks, HCMC: Private sector to contribute 65% to GRDP     

 Vedan Vietnam promotes green production, Hanoi takes measures to build fresher environment, Japanese investors to revitalize polluted canal in HCM City, Crew of Royal New Zealand Navy warship visits Danang

The Tam Giang Lagoon, about 11km north of Hue, erstwhile capital of Vietnam, is among Southeast Asia’s largest fresh water bodies. 

 Sài Gòn Anh Yêu Em (Sai Gon, I Love You), a film by Ly Minh Thang, was voted the best feature film by the Viet Nam Cinematography Association. The award was presented last night at HCM City’s Military Theatre.  

 The International Union for Conservation of Nature (IUCN) has called for a street art contest with the theme ‘I love the ocean, and I’m born to be wild’ in An Binh iIslet Commune during ‘Ocean week’ from June 1-8.

HCM City People’s Committee has called on departments of transport, natural resources and environment and district-level People’s Committees to facilitate the city’s first two river bus routes.