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Ha Tinh Province violated Formosa licensing

 A recent Government Inspectorate investigation found Ha Tinh Province had violated regulations in approving the lifespan of the Formosa Plastics Group’s steel project.

Vietnam is gold mine for South Korean FCMG manufacturers

VietNamNet Bridge - Vietnam’s ranks highly in statistical reports about consumption of South Korean sweets, ginseng and cosmetics. 

Washington-based centre to host annual East Sea conference

An international conference discussing on recent developments in the East Sea and relevant policies will be held by the US Centre for Strategic and International Studies (CSIS) on July 12.

Filipino BRP Ramon Alcaraz ship cancels Vietnam visit

The Philippine Navy has cancelled a scheduled port visit to Vietnam by the Philippine frigate BRP Ramon Alcaraz "due to unavoidable circumstances and the change of operational demand of the said Philippine Navy vessel."

Over 260,000 people affected by mass fish deaths in central Vietnam

According to statistics by the Ministry of Labour, Invalids and Social Affairs, about 263,000 workers were affected by the mass fish deaths caused by Ha Tinh-based Taiwanese steel company Formosa.

Da Nang imposes administrative fine on six Chinese

 VietNamNet Bridge – On July 6 the Chairman of Da Nang City signed a decision to fine six Chinese for violating Vietnam’s immigration regulations or working without permission from the Vietnam authorities.

Vietnam’s hotels earn US$15 billion a year

Although room rates plummeted, the hotel service industry of Vietnam still grossed US$15 billion in 2015, higher than $10.75 billion in 2014 thanks to the strong domestic of local guests, according to Grant Thornton.

Vietnam to send female officers to UN peacekeeping operations

 Vietnamese female officers are ready to join in UN international peacekeeping missions in South Sudan and Central African Republic as proposed by the UN Department of Peacekeeping Operations, according to the Quan doi Nhan dan newspaper.

Vietnam, Cambodia armies boost links in legal affairs

 The Ministry of National Defence and the Vietnam People’s Army’s General Staff always supports and facilitates cooperation between the ministry’s Department of Legal Affairs and its Cambodian counterpart, a Vietnamese officer has said.

New air service opens connecting Phu Quoc, China’s Guangzhou

 A direct air route was launched on July 6 connecting the southern resort island of Phu Quoc in the Mekong Delta province of Kien Giang with China’s Guangzhou.

Nearly 4,000 bridges to be built in remote areas

 VietNamNet Bridge – The second phase of a bridge building programme, which aims at building nearly 4,000 bridges in remote areas, will be kicked off next month, said Nguyen Van Huyen, director of the Directorate for Roads of Viet Nam.

New source of revenue for the VN Government

VietNamNet Bridge - With a series of programs and incentive packages, including the small enterprise support draft law, the state budget is expected to have a new source of revenue worth $19.2 billion.

The best tourist sites from Phu Yen to Saigon

VietNamNet Bridge – Let’s discover south central provinces by traveling along the coastal route to see desert, sand dunes, the sea and the immense sky.

BUSINESS IN BRIEF 7/7

 Fruit, vegetable export value up in H1, Saudi Aramco withdraws from $22 billion Vietnam project, German investors choosing Danang, VFA cuts 2016 rice export forecast, Jan-May tra fish exports up

Social News 7/7

 One person killed, one injured in torrential rain in Quang Ninh, Quang Tri sets up damage assessment council after fish deaths, Hue announces Formosa damage, Railway overpass site to be inspected

VN spends VND6 billion on training, pays worker VND4 million a month

VietNamNet Bridge - Vietnam spends the huge sum of VND6 billion ($250,000) to train an engineer in space technology, but pays the modest sum of VND3-5 million a month in wages to the engineer. 

HCM City’s flooding map is redrawn

VietNamNet Bridge - Many areas described as the city’s ‘flooded hubs’ in the past have become dry while areas which never suffered from flooding in the past have become hotspots for floods.

What is Formosa doing in Vietnam?

VietNamNet Bridge - Taiwanese Formosa was welcomed warmly when it arrived in Vietnam 15 years ago as a major foreign investor with multi-billion dollar projects. But it has been involved in many scandals.

Andy McKee to appear at int’l guitar festival

 American and Asian guitarists will perform at the 2nd International Finger Style Guitar Festival (IFSGF) in Hanoi and HCM City this month.

Int’l Telefilm exhibition to open in Hanoi

 The Vietnam International Exhibition on Film and Television Technology (Telefilm) will be held from July 13 to July 15 in Hanoi.