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Nearly 100 hectares of natural forests destroyed in Ha Tinh

VietNamNet Bridge - The natural forests in Huong Lam and Huong Xuan Communes of Huong Khe District in the central province of Ha Tinh have been seriously devastated, turned into bare hills just within one month.

Vietnam’s “chaebols”: King of 'Acquisition' Tram Be

 VietNamNet Bridge – As the big shareholders of both Southern Bank and Sacombank, the family of Mr. Tram Be is a "unique" case in the Vietnamese banking sector.

Quatrro wants bigger presence in Vietnam

 VietNamNet Bridge – Vietnam has appeared on the radar of Indian-backed Quatrro Global Services Pvt. Ltd., which provides payment processing and IT-managed services, as a strategic business location.

Farmer invents smart fertilizer spraying system operated by smartphones

VietNamNet Bridge - Nguyen Phu Thanh, a farmer from the southern province of Dong Thap, has created a system regulated via mobile phones which compounds pesticide and sprays chemicals.

Vietnam movies distributed abroad under studio deal

 A Vietnamese movie about childhood will be distributed abroad under deal signed between HCM City-based Galaxy Studio and Fortissimo Films, an Amsterdam-and Hong Kong-based organisation involved in film, television and videos sales and distribution.

BUSINESS IN BRIEF 2/6

Long Thanh Airport site checked, Aditya Birla Group mulls investment in Vietnam textile industry, Thai Nguyen seeks $2.6 billion in FDI, Local firm wins contract for expanding Tan Son Nhat airport, Thai new Vietcombank vice director

Tourism programme promotes Son Doong in Singapore

 Vietnam is to launch a tourism promotion programme in Singapore on June 4 and introduce a tour of Son Doong cave to ASEAN tourists who attend the upcoming 28 SEA Games.

Vietnam enters SEA Games table tennis quarter-final

 Vietnam table tennis stars Tuan Quynh and Anh Vu on June 1 cruised to a 3-1 victory over their Malaysian rivals in the men’s double event at the 28th Southeast Asian (SEA) Games ongoing in Singapore.

132 year-old Bodhi tree recognised as heritage tree

 An 132-year-old Bodhi tree in the Central Highlands province of Dak Lak was certificated as a heritage tree at a ceremony held on June 1.

Six gold medals for Vietnam at Asia-Pacific Maths contest

 A delegation of ten Vietnamese students from Hanoi-Amsterdam High School for the Gifted have won gold medals at the Asia-Pacific Mathematical Olympiad for Primary Schools held from May 28-31 in Singapore.

RoK exhibition shows photos of artificial island-building in East Sea

 An exhibition featuring photos on China’s artificial island-building activity at Truong Sa (Spratly) and Hoang Sa (Paracel) Archipelagos in the East Sea is running in the Republic of Korea (RoK) from May 31 to June 15.

WB to help Vietnam’s economic hub with greener transport

 The World Bank Group’s Board of Executive Directors on May 29 approved a loan of US$124 million to improve the performance and efficiency of public transport in a high-priority corridor in Ho Chi Minh City.

FPT Group expands operations into the Philippines

 FPT Group, a multinational information technology company of Vietnam with branches in 14 countries, is continuing to enhance its presence in Asia with the recent launch of a new development centre in Cebu, the Philippines.

US pledges US$18 mil for Vietnam’s defence capacity

 The US will offer an US$18 million support package to Vietnam Coast Guard to purchase patrol vessels while helping the southeast Asian nation build the peace-keeping training centre.

Encroachers destroy forest in Phu Quoc Island

 VietNamNet Bridge – Forest rangers of Phu Quoc National Park forest protection unit discovered that almost 10,000sq.m of forests were destroyed in Ganh Dau Commune, Phu Quoc Island District.

Vietnamese boy wins Google doodle contest

 VietNamNet Bridge – Google users accessing the website today will see its familiar symbol replaced by a colourful doodle bearing the image of the traditional Tet in Viet Nam.

Nam beats French rival at Roland Garros

 VietNamNet Bridge – Viet Nam's Ly Hoang Nam defeated Maxime Mora of France in the first round of boys' singles at the 2015 Roland Garros Junior French Championships early this morning

Vietnamese shooter jumps to second in world rankings

 Vietnamese marksman Hoang Xuan Vinh is placed second in the latest men's 50m pistol world rankings by the International Shooting Sport Federation (ISSF).

Dollar price fluctuates despite SBV’s exchange-rate adjustment

The dollar price continued to fluctuate after the State Bank devalued the dong by one percent earlier this month. Meanwhile, the State Bank said there would be no further dong/dollar exchange rate adjustment this year.

Photos: Sizzling hot temperatures in Vietnam

VietNamNet Bridge - Eggs fried under the heat of 40 degrees Celsius in Hanoi. Some people had to spray their motorcycles with water to reduce the heat on the saddle.