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Businesses need to check WTO commitments before selling stakes to foreigners

Since the government Decree No 60 officially lifted limitations on foreign ownership ratios, Vietnamese businesses have been looking forward to the Ministry of Finance’s circular guiding its implementation.

Indonesia closes five airports as Mount Raung erupts

Five airports in Indonesia have been shut, including in the tourist hotspot Bali, because of a volcanic eruption, transport officials say.

China joins Malaysia to build $1.87 billion power plant in VN

JAKS Resources Berhad (Malaysia) will cooperate with China Petroleum Engineering & Construction Corporation (CPECC) in a joint venture to build a power plant with capital amounted to $1.87 billion in Vietnam, according to Malaysia’s The Star.

HCM City faces aging population

 Ho Chi Minh City is likely face numerous difficulties in population management in the next five years due to a rapidly aging population, as heard at a recent conference in the city.

Techmart 2015 showcases over 90 new technology products

 The technology and equipment fair (Techmart) 2015 opened in Ho Chi Minh City on July 9, showing more than 90 new and highly applicable products.

Hanoi to host first int’l Vietnamese martial art event

 The Thanh Long Cup, Vietnam’s first international traditional martial arts championship, will take place from August 6-13 at the My Dinh Indoor Athletics Gymnasium in Hanoi City.

Deafness could be treated by virus, say scientists

 Scientists say they have taken a significant step towards treating some forms of deafness after restoring hearing in animals.

Music show commemorates life of late composer Van Cao

 VietNamNet Bridge – Leading Vietnamese singers will perform in a show at the HCM City Music Conservatory this weekend to commemorate the 20th anniversary of the death of Van Cao, one of the country's greatest contemporary composers.

PVF win U17 championships over Viettel on penalties

 PVF successfully defended their title by beating Viettel 4-3 after a penalty shootout at the National U17 Football Championship yesterday (July 9) in HCM City.

Vietnam plunge 16 spots on global football ranking

 Vietnam’s men’s football team nosedived 16 spots to 143th place in the world football federation (FIFA)’s rankings, which was released on July 9.

Party chief meets with big US enterprises

 Vietnam will continue speeding up renovations and administrative reforms, particularly in tax and customs procedures, in order to create an attractive investment climate for foreign businesses, stated Party General Secretary Nguyen Phu Trong.

Vietnam, WB sign four cooperation projects

 Party chief Nguyen Phu Trong witnessed the signing of four cooperation agreements totaling $507 million between Vietnam and the WB in Washington D.C. yesterday.

Government News 10/7

 Vietnam contributes to increasing ECOSOC’s role, Vietnam, Belarus strengthen technical military affiliation, Lao newspapers cover Party leader’s visit to US, Party calls for better care for AO victims

Vietnam denounces IS attacks in Egypt

 Vietnam denounced the recent terrorist attacks in Egypt that claimed many lives and left many other people injured, Vietnamese Foreign Ministry Spokesman Le Hai Binh said on July 9.

Vietnam, Cambodia meet to discuss border demarcation

 The two chairmen of the Joint Commitee on Border Demarcation and Marker Planting agreed on a series of issues in Phnom Penh during their three-day meeting that wrapped up on July 9.

Vietnam, Italy seek closer judicial ties

 The justice ministers of Vietnam and Italy held talks in Rome on July 9 to discuss ways to foster cooperation between the two ministries in the near future.

Party leader talks US-Vietnam relations at CSIS

 Party General Secretary Nguyen Phu Trong delivered a speech titled “US-Vietnam relations in a changing world” at the Washington D.C.-based Centre for Strategic and International Studies (CSIS) on July 8 (local time).

Mekong river delta's oldest school to be demolished

 VietNamNet Bridge – The 100-year-old Chau Van Liem High School in Can Tho City will be demolished next week as it has badly deteriorated.

Gia Tri's painting fetches over US$99,000 at auction

 VietNamNet Bridge – A lacquer painting by noted Vietnamese artist, the late Nguyen Gia Tri, was the second-most expensive work to be sold at the Larasati Auction in Singapore last weekend.

Smiles, thank-yous could boost tourism

 VietNamNet Bridge – Vietnamese people should consider tourists their family, Deputy Minister Vu Duc Dam said at a ceremony held on Wednesday to mark the 55th anniversary of the tourism sector.