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Company fined VND5.8 bil for manufacturing contaminated soft drink

 The URC Vietnam Company in Hanoi was fined VND5.8 billion (US$ 259,144) for violating food safety and hygiene regulation, said the Ministry of Health’s Deputy Chief Inspector Nguyen Van Nhien on May 31.

30 contestants enter Miss Vietnam 2016’s southern final exam

 Top 30 candidates from the Southern regional qualifying round of Miss Vietnam beauty contest 2016 will take part in pageant final exam on June 6- 12 at Hoa Binh Theater in Ho Chi Minh City.

EU chief negotiator visits to promote FTA

 Mr. Mauro Petriccione, Deputy Director General at the European Commission’s Directorate General for Trade and the European Union (EU)’s chief negotiator of the EU-Vietnam Free Trade Agreement is visiting Vietnam this week.

VN could struggle in protecting environment

 VietNamNet Bridge – Viet Nam will face challenges in implementing policies and laws on environmental protection, especially in industries seeing strong growth, said Nick Thorpe from the People and Nature Reconciliation centre.

Quang Binh opens Hang Va-Nuoc Nut discovery tour

 VietNamNet Bridge – In addition to Son Doong Cave tour, domestic and foreign adventurers will have more chance to discover stalactites and stalagmites at Hang Va and Nuoc Nut caves through a new route launched

Hanoi Old Quarter threatened by high-rise construction

 VietNamNet Bridge – High-rise construction increasingly threatens architecture and urban planning in the Old Quarter.

General Mills recalls flour over possible link to E.coli outbreak

General Mills Inc (GIS.N) on Tuesday issued a voluntary recall of about 10 million pounds of flour, saying it was working with health officials to investigate an outbreak of E. coli that had sickened 38 people in 20 U.S. states. 

Judoka Van Ngoc Tu qualifies for Rio Olympics

VietNamNet Bridge – Van Ngoc Tu won the 19th Olympic berth for Viet Nam after the International Judo Federation announced its latest rankings yesterday, May 31. 

24 female players picked for 4-team Nations Cup

 VietNamNet Bridge – Yesterday coach Hoang Anh Tuan finalised 24 players for the U21 Viet Nam national men’s football squad to take part in the four-team Nations Cup in Malaysia on June 3-5.

Overseas VN painter inspired by Vietnamese women wearing ao dai

 VietNamNet Bridge – The charming beauty of Vietnamese women in ao dai traditional dress provides endless inspiration for artists, including overseas Vietnamese painter Dang Thong Tuyen.

Siemens eyes North-South high-speed railway

General Director of Siemens in Southeast Asia, Mr. Armin Bruck, expressed the company’s interest in building the North-South high-speed railway at a meeting with the Ministry of Transport.

Japan PM delaying sales tax rise, fiscal reform on back burner

Japanese Prime Minister Shinzo Abe told lawmakers on Wednesday that he has decided to delay a scheduled sales tax hike by two-and-a-half years, putting his plans for fiscal reforms on the back burner amid more weakness in the economy.

FPT Shop may sell stakes to Alibaba

VietNamNet Bridge - The representative of FPT Shop said that if FPT Shop joins hands with Alibaba, it could  strengthen its online business.

BUSINESS IN BRIEF 1/6

 SBV announces new circulars for credit institutions, Treasury sells G-bonds worth VND8.2 trillion, Vietnamese retailers fight to maintain their share of the domestic market, FPT to work with Japanese printing and education firms

Quang Ngai giving up on giant Guang Lian Steel-Dung Quat project

 Quang Ngai authorities resolutely proposed the government to end the long-delayed Guang Lian Steel-Dung Quat project, despite the investor proposed to restart the construction.

Ministry cracks down on fishery products

 The Ministry of Agriculture and Rural Development has asked for tighter management of fishery products amid warnings by major import markets on food hygiene and safety standards of aquatic products.

Vietnam's Le Quang Liem in second at Asian chess championship

 Top Vietnamese chess player Le Quang Liem dropped to second place at the ongoing Asian Individual Chess Championship in Uzbekistan.

Vietnam beat Syria 2-0 in friendly

 Le Cong Vinh kept his promise and did a good job to help Vietnam beat Syria 2-0 in an international friendly match yesterday in Hanoi.

Hoa Lac Hi-tech Park to get update

 Prime Minister Nguyen Xuan Phuc has approved updated plans for Hoa Lac High-tech Park, to be completed by 2030 in Hanoi’s outlying districts of Thach That and Quoc Oai.

VN Civil Aviation Administration plans to build 2nd Noi Bai Airport

VietNamNet Bridge - The new airport will be built opposite the current Noi Bai International Airport at a cost of about US$5.5 billion, said the head of the Civil Aviation Administration of Vietnam (CAAV) Lai Xuan Thanh.