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Sabeco to be listed on exchange

 The Saigon Beer, Alcohol and Beverage Corp (Sabeco) may get permission to be listed on the stock exchange in the near future, the Ministry of Industry and Trade (MoIT) said in a statement.

State Bank of Vietnam to submit restructuring plan

 The State Bank of Vietnam (SBV) expects to submit to Prime Minister Nguyen Xuan Phuc a project to restructure credit institutions between 2016 and 2020 in Q3 of 2016.

Hundreds of relic sites in Hanoi need preservation

 Hundreds of relic sites in Hanoi suffer from serious degradation and need prompt repair, but the estimated costs amounting to trillions of dong surpass the city’s financial capacity.

Vietnam introduces North-south sky highway

 The Vietnam Air Traffic Management (VATM) launched two so-called highways on the sky on the north-south route to shorten travel time on August 18. 

Third tropical storm expected in Vietnam

The tropical storm, which developed from a low-pressure system yesterday afternoon near the East Sea, will bring torrential rains with rainfall up to 500mm for localities in the north and central region from this afternoon until Saturday.

Da Nang still ranks first in administrative reform

VietNamNet Bridge - The State Bank of Vietnam (SBV) and the central city of Da Nang top the administrative reform rankings for 2015.

Dozens of 3,000 year-old graves found in central Vietnam

VietNamNet Bridge – Vietnamese archaeologists have discovered 23 tombs and antiques dating back 3,000 years ago at Dong Ba Hoe, an archaeological site in Binh Thuan province.

Thai billionaire wants to acquire Vietnam’s largest milk producer

VietNamNet Bridge - A Singapore company owned by Thailand's richest man wants to acquire Vietnam Dairy Products JSC (Vinamilk) to prepare for its battle for market share with Coca Cola and Pepsi in Southeast Asia, according to Bloomberg news service. 

PM claims responsibility for his motorcade on Hoi An pedestrian street

Prime Minister Nguyen Xuan Phuc said he walked into the ancient town of Hoi An. As his motorcade was far behind him, he did not know that these vehicles were on the walking street. 

Vietnamese songwriter suspected of plagiarizing Japanese song “Rain in the Park”

VietNamNet Bridge – Female singer-songwriter Vu Cat Tuong’s song “Vet Mua” (Traces of Rain) is said to be similar to the song "Rain in the Park" by Japanese songwriter Marika Takeuchi.

Hanoi to lift curfew this weekend

VietNamNet Bridge - Chairman Nguyen Duc Chung said Hanoi will decide the curfew time for bars and entertainment centers in Hanoi on August 20.

Cisco to cut 5,500 jobs in shift from switches to software

Cisco Systems Inc said it would cut nearly 7 percent of its workforce, posting charges of up to $400 million in its first quarter, as the world's largest networking gear maker shifts focus from its legacy hardware towards higher-margin software.

Hanoi to stop paying $31 million for grass and tree trimming

At a meeting with Hanoi residents earlier this week, the city chairman Nguyen Duc Chung said that every year Hanoi paid VND53 billion ($2.3 million) to trim grass and trees along the 24 km Thang Long Highway. 

Foreign tourist rescues baby boy who fell into Xuan Huong Lake

VietNamNet Bridge – An unidentified foreign man on August 15 jumped into the Lake of Xuan Huong, a famous tourist site in Da Lat City in Lam Dong Province, to rescue a 1-year-old baby, local newspapers reported.

Nine top destinations for upcoming National Day

Con Dao, Phu Quoc and Nha Trang are just a few of the leading getaways for the Vietnam National Day (September 2), according to travel agencies Fiditour, Ben Thanh Tourist and Vietravel.

Quang Nam fisherman agrees to hand over seal for cash

VietNamNet Bridge – A fisherman in the central province who caught a seal was asked by the local government to release the animal, but he said he would do it only for money.


Fed policymakers divided over whether to raise rates soon: minutes

 Federal Reserve policymakers agree that more economic data is needed before raising interest rates, although some see a need to tighten policy soon, according to the minutes from the U.S. central bank's July 26-27 policy meeting.

Foreign Ministry has two new deputy ministers

 VietNamNet Bridge - Prime Minister Nguyen Xuan Phuc has appointed two Foreign Deputy Ministers, Mr. Nguyen Ba Hung and Mr. Nguyen Quoc Dung.

Excellent students refused admission to university because of parents’ criminal records

VietNamNet Bridge - Should students be prevented from proving their ability at school if their parents committed crimes in the past?

Is Vietnam’s retail market no longer attractive?

VietNamNet Bridge - The departure of the former owners of Big C and Metro Cash & Carry supermarkets is expected to intensify competition in the retail field.