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BUSINESS IN BRIEF 14/5

Foreigners grab bigger stakes in HHS, PVGas appoints new general director, Finance Ministry proposes inspection of essential commodity prices, T&T wants to invest in Ha Noi Railway Station, Thailand’s plastic leading producer opens branch in Vietnam

Derailed Philadelphia Amtrak train 'was speeding'

An Amtrak train that derailed in Philadelphia, killing at least seven people, was travelling at twice the speed limit, say safety experts.

Project awakens Vietnam’s beauty

Project awakens Vietnam’s beauty, Cafe chain staff wins barista competition, Khau Vai Love Market to attract visitors to Ha Giang, Wood chips turned into jewelry, Scholars discuss religious culture role in sustainable development

Vietnamese woman recognized as the world’s oldest

 VietNamNet Bridge – Nguyen Thi Tru, 122 years old, a resident of Da Phuoc Commune, Binh Chanh District in Ho Chi Minh City on May 13 received the World's Oldest Person certificate of the Hong Kong-based World Records Association.

Katy Perry comes to inspire local youth

  American pop singer Katy Perry, the UNICEF Goodwill Ambassador, on May 12 showed up at the Forbes Under 30 Summit at the Gem Center in HCMC’s District 1 as a speaker to inspire local youth on pursuing their dreams and building their future.

Deputy PM introduces VN’s tourism to ABC News

 Deputy PM Vu Duc Dam on May 13 joined a live interview with the ABC News for its "Good Morning America" to introduce Viet Nam’s tourism.

Over 30,000 signed commitments not to use rhino horns

 A signing programme aimed towards ending the use of rhino horns has achieved positive results after a month since it was launched with over 30,000 signatures collected.

Swimming promises to be Vietnam’s ‘gold mine’ at 28th SEA Games

 Vietnam will send a 13-member swimming team, including eight athletes, to the 28th Southeast Asian (SEA) Games, to be held in Singapore next month, targeting to win at least ten gold medals. 

Exchange rate adjustment raises concerns about public debt

VietNamNet Bridge - The latest dong one-percent devaluation on May 7, though described as “unavoidable”, has raised controversy, because this will lead to a heavier public debt burden.

NA okays procuracy changes in principle

 The National Assembly Standing Committee yesterday gave qualified approval to several reform proposals made by the nation's top prosecutorial agency, the Viet Nam Supreme People's Procuracy.

Save the Dong Nai River: experts

 Scientist and experts have renewed their calls to the National Assembly and the Government to take prompt actions to save the Dong Nai River in Dong Nai Province.

4m giant oarfish drifts on to Quang Binh’s coast

 VietNamNet Bridge – A giant oarfish 4m long on May was found on the beach of Trung Trach commune in Bo Trach district, Quang Binh province, in central Vietnam.

HAGL, chairman to buy 15 million company shares

Hoang Anh Gia Lai and its chairman, Doan Nguyen Duc, announced yesterday that together the company and its chairman will purchase 15 million shares of the company through trades on the stock exchange from now until mid-June.

Mekong Delta moves to adapt to climate change

 The Mekong Delta provinces are shifting crops and cultivation habits in accordance with respective natural conditions as one of the measures making them adapt to climate change, according to the Steering Committee for the Southwest Region.

All work stopped at Hanoi metro project

Hanoi authorities have suspended work at Nhon - Ha Noi Station metro project, pending an investigation into two accidents that occurred at construction sites.

Hanoi drains unfit to tackle heavy flooding

 Ha Noi's sewers and drains are said to be inadequate to cope with heavy flooding, likely to arrive with the coming storm season.

Immigration rules relaxed for foreign tourists

The Government has further simplified immigration requirements for international visitors in the wake of tour operators’ complaints about discouraging immigration procedures.  

Vietnam, Italy talk cooperation in culture, education

 Vietnam, Italy talk cooperation in culture, education, Vietnam, Germany share education, culture policymaking

IT firms seek mobile programming workers

 Information technology (IT) companies in Vietnam are in need of personnel in mobile application programming due to a shortage of workers in the field, the Ha Noi Moi (New Hanoi) daily reported.

Vingroup to invest $884.6 million in Haiphong ecological area

 Vietnam’s leading property developer Vingroup will invest VND19 trillion ($884.6 million) in an amusement-accommodation and ecological park complex in Vu Yen Island in Hai Phong City, according to newswire Cafef.