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HCM City asks for particular mechanism to facilitate development

 Ho Chi Minh City needs a particular mechanism in order to fulfil its role as an economic locomotive of the country, Politburo member and Secretary of the municipal Party Committee Dinh La Thang has said.

Vietnam attracts over $11 billion FDI in first half of 2016

 The total foreign direct investment (FDI) registered in Vietnam in the first half of the year reached more than 11.2 billion USD, the Foreign Investment Agency (FIA) said.

Rare Asian openbill storks flock to Dien Bien

 Hundreds of Asian openbill storks, which are listed as an especially rare species in Vietnam’s Red Book, are making their home at the historical relic site of Dien Bien Phu battlefield this season, greatly delighting tourists.

Funding to fight Zika virus faces uphill battle in U.S. Senate

 Funding to battle the Zika virus faces a struggle in the U.S. Senate this week, with Democrats scornful of a Republican proposal they say short-changes the challenge posed by the mosquito-borne virus as well as other health priorities.

Brexit vote, UK political confusion keep world markets on edge

 Britain's vote to leave the European Union continued to reverberate through financial markets, with the pound falling to its lowest level in 31 years, despite government attempts to relieve some of the confusion about the political

Before the “sensitive” moment, China exerts its 'muscle"

 VietNamNet Bridge - China's motive since the Philippines promoted legal solutions to the East Sea dispute, is to focus on developing its "muscle power" to assert sovereignty in the field.

HCM City housing market slows, but may warm up in H2

VietNamNet Bridge - The sharp increase in the supply plus changes in policies related to the real estate market have led to a considerable decrease in the number of property transactions.

Son Tra Nature Reserve biodiversity threatened

 VietNamNet Bridge – Overlapping efforts and poor management among agencies pose serious threats to biodiversity in the Son Tra Nature Reserve, a biologist said during a dialogue on protecting the red-shanked douc langur.

BUSINESS IN BRIEF 28/6

 FPT earning up in first five months of 2016, Hanoi’s industrial production gains 7.7 pct in first half, Tra fish exports reach 616 million USD in first six months, Fruit exports to US, Japan up 80%, Kido gloves are off in M&A bout

Outdoor music gala to mark HCM City's anniversary

 VietNamNet Bridge – An outdoor music gala will be held this week in HCM City on the 105th  anniversary of President Ho Chi Minh’s departure abroad to seek ways to save the country (June 5).

VN shines in French documentary

VietNamNet Bridge – A documentary about Viet Nam was aired on French national television last week, promoting the country’s beautiful regions as well as the culture of its people. 

Social News 28/6

 Fire at night kills 4 in Dong Nai, Vietnam, Cambodia provinces to open more border gates, Toll booths to be fined for long delays, Nearly 13,000 volunteers join hands to support university entrants

Mekong Delta climate change plan in motion

 VietNamNet Bridge – Prime Minister Nguyen Xuan Phuc spoke yesterday about the critical role that the Mekong Delta plays in national development as well as the enormous challenges it faces, particularly in adapting to climate change

Why doesn’t Industry Ministry let Sabeco go?

VietNamNet Bridge - Sabeco was equitized eight years ago, but the Ministry of Industry and Trade (MOIT) still has not transferred the brewery to the State Capital Investment Corporation (SCIC).

Ly Hoang Nam leads VN at Davis Cup

 Ly Hoang Nam will lead Vietnam in the second round of the Davis Cup’s Group II Asia-Oceania against Thailand on July 15-17 in Nonthaburi, Thailand.

Vietnam to take part in Asian sports games for children

 A 55-member Vietnamese sport delegation will take part in the Children of Asia International Sports Games scheduled for July 4-17 in Russia, according to the General Department of Sports and Physical Training.

Property information to be made public

 The legal status and progress of properties will be made available to the public in order to reduce the risks for home buyers, according to an HCM City official.

Brexit to cause exports to UK to face more barriers

  Vietnam’s exports to the United Kingdom will face several barriers if the country leaves the European Union, stated Dang Hoang Hai, head of the Ministry of Industry and Trade’s European Market Department on June 27.

PetroVietnam earns over $2.4 billion in first half

The National Oil and Gas Group (PetroVietnam) garnered more than 2.4 billion USD from selling 8.68 million tonnes of crude oil and condensate in the first half of this year, fulfilling 37.15 percent of the yearly target.

CASA 212 black boxes, two more bodies found

 Search and rescue forces found the two black boxes of the missing rescue aircraft CASA 212 at a depth of between 50-60 metres under the sea level, 26 nautical miles south-southeast of Bach Long Vi Island of northern Hai Phong city on June 27.