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Britain votes to leave EU in historic divorce

 Britain has voted to leave the European Union, results from Thursday's landmark referendum showed, an outcome that sets the country on an uncertain path and deals the largest setback to European efforts to forge greater unity since World War Two.

Rosneft in deal to supply 96 million tons of oil to PV Oil

 Russian oil and gas firm Rosneft has clinched a contract to supply 96 million tons of oil to PetroVietnam Oil Corporation (PV Oil), a member of Vietnam National Oil and Gas Group (PVN).

Savage storm pummels eastern China, killing 98

 A violent storm in eastern China that packed gale-force winds and hail killed 98 people and injured hundreds as it flattened power lines, overturned cars and ripped roofs off houses in Jiangsu province.

Airbus helps determine cause of plane crash

 European plane maker Airbus, the manufacturer of the Vietnam Marine Police’s missing sea patrol plane CASA-212, will coordinate with Vietnamese authorities to investigate the incident.

BUSINESS IN BRIEF 24/6

 Startups to pay 15 - 17% CIT, MTM gives UPCoM a bad name, Hanoi attracts nearly US$2 billion in FDI, HNX announces stocks in Upcom Premium set, Daewoo E&C to build first high-end villa project in Ha Noi

Summer tour bookings grow 30%

Travel firms said bookings of their domestic and international tours this summer, especially those to seaside destinations and islands, have expanded by 25-30%.

A coffee house for motorcycle enthusiasts

 VietNamNet Bridge – VietGangz Brotherhood Coffee in District 3, HCMC is known as a venue for motorcycle lovers.

New traditional theatre to be built in HCM City

VietNamNet Bridge – A new theatre offering traditional shows aimed at visitors will be built in downtown HCM City next month. 

Ha Tinh greenlights $2.5 billion Taiwanese project

Ha Tinh authorities have agreed in principal to license Taiwanese Wei Yu Engineering Company to develop an agricultural and a wharf construction project in Vung Ang Economic Zone with the total investment capital of $2.5 billion.

Bankers suggest lifting foreign ownership ratio ceiling

While Vietcombank and VietinBank have proposed to lift the foreign ownership ratio ceiling to 35-40 percent to satisfy requirements of the Basel II Accord, ABBank and SCB want higher foreign ownership ratios to speed up the restructuring process.

Man gets 5-year sentence for illegal wildlife trade

 A 23-year-old man from HCM City’s Go Vap District on Tuesday (June 21) was sentenced to five years in prison and fined VNĐ50 million (US$2,242) for illegal trading wildlife.

Deputy PM directs better ODA use

 Deputy Prime Minister Pham Binh Minh has requested improving the effective use of official development assistance (ODA) and preferential loans to ensure the safety of public debts.

US Congressmen urge for disapproval of catfish inspection programme

 At least 180 members of the US Congress have recently signed a letter calling on the House of Representatives to approve a resolution to repeal the US Department of Agriculture’s catfish inspection programme.

Big drug trafficking ring uncovered, 15 heroin bricks seized

 Police have busted a big drug trafficking ring and seized 15 heroin bricks (one brick being equivalent to about 350 grams), police in Nam Dinh province said on June 23.

Several bodies identified as CASA 212 crewmembers found

 Rescue forces found several bodies identified as crewmembers of the crashed rescue aircraft CASA 212 as of 4pm of June 23.

Policies must not be affected by group interests: PM

 Ministries must determinedly not let group interests manipulate policies, Prime Minister Nguyen Xuan Phuc stressed at the Government’s meeting on policy making on June 23.

Int’l mechanism crucial to ensure maritime workers’ rights

 Head of the Vietnamese delegation to the United Nations, Ambassador Nguyen Trung Thanh, has called on the world community to actively build a feasible international mechanism to ensure the rights of fishermen.

Lao ambassador vows to deepen ties with Vietnam

Laos’ Ambassador to Vietnam Thongsavanh Phomvihane said that he will do all he can to preserve, protect and foster the Laos-Vietnam traditional friendship, special unity and comprehensive cooperation relationship.

Ho Chi Minh City leader welcomes Cuban guest

HCM City always considers the nurture of Vietnam-Cuba fraternal ties an important task, Secretary of the municipal Party Committee Dinh La Thang told visiting Vice President of the Council of State of Cuba Salvador Valdes Mesa.

Chasing fish and the truth in Southern VN

In early December 2010, Vietnamese tra fish (basa fish) made headlines when the World Wildlife Fund (WWF) placed it on its red list, which names produce that is farmed under unhygienic conditions or traded illegally.