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On the land of ‘yellow flowers on green grass’

Phu Yen, a coastal province on the south central coast with over 200 km of shoreline, was barely on Vietnam’s tourism map until Yellow Flowers on the Green Grass movie phenomenon.

Analog TV channels to go dark

  Seven analog television channels were to be switched off as of yesterday in Ha Noi, HCM City and Can Tho.

ACV plans $1.2 billion aviation infrastructure development

 Airports Corporation of Viet Nam (ACV), the largest enterprise in the domestic transport sector, will spend about VND26.2 trillion (US$1.2 billion) on aviation infrastructure development over the next three years.

Salangane Nest Festival returns to Khanh Hoa

The 2016 Salangane Nest Festival took place on Hon Noi Island, which lies about 20 kilometres from Nha Trang city in central Khanh Hoa province, on June 14 or Lunar May 10.

One pilot on missing jet fighter found

 Major Nguyen Huu Cuong, a pilot on the military aircraft that went missing during a training session off the coast of the central province of Nghe An, was saved at 5 am of June 15.

BUSINESS IN BRIEF 15/6

HCM City calls for partnership of major businesses, Duty-free business changes proposed, Formosa textiles firm faces industrial dispute, New law drafted to fuel boom in SMEs, World-class real estate charms foreign customers

Vietnam, Cambodia promote cooperation in borderline areas

 The friendship associations of Vietnam’s Central Highlands province of Dak Nong and Cambodia’s eastern province of Muldulkiri have signed a minutes to continuously build the shared borderline of peace, friendship and cooperation.

Vietnam, Cuba boost ties

 The Vietnamese Government will do its utmost in maintaining and bolstering the traditional friendship and cooperation between Vietnam and Cuba.

ASEAN-China relations, East Sea issue featured at special meeting

 ASEAN-China relations and the East Sea issue dominated a special meeting of foreign ministers of ASEAN and China in Kunming, in the Chinese province of Yunnan on June 14.

Productivity, inclusive development crucial for ASEAN Community

Boosting productivity and inclusiveness is crucial for Southeast Asian countries in the building of the ASEAN Community, said Deputy Foreign Minister Bui Thanh Son while opening the OECD Southeast Asia Regional Forum.

Prime Minister hosts Malaysian, Thai ambassadors

 Prime Minister Nguyen Xuan Phuc welcomed the new Ambassadors of Malaysia and Thailand to Vietnam during his separate receptions in Hanoi on June 14.

Vietnam, Czech Republic tighten cultural, tourism cooperation

 Cultural cooperation has contributed to intensifying friendship and mutual understanding between the people of Vietnam and the Czech Republic.

VN President begins State visit to Cambodia

President Tran Dai Quang arrived in Phnom Penh on the afternoon of June 14, beginning his State visit to Cambodia at the invitation of King Norodom Sihamoni.

Humans probably caused Fort McMurray wildfire: Canadian police

 The Fort McMurray wildfire in northern Alberta that forced the evacuation of 90,000 residents and shut in more than a million barrels per day of oil output was most likely caused by human activity,

SCIC sells many businesses, but keeps the most profitable

VietNamNet Bridge - The State Capital Investment Corporation (SCIC) has announced a plan to sell stakes in 120 businesses in 2016. However, the list does not include the names most wanted by investors.

Fed faces battle to escape world's low interest rate grip

Evidence that the U.S. neutral rate of interest remains stalled near zero may slow Federal Reserve rate hikes even more than expected, tying the hands of policymakers until a rebound in global demand or other forces raise

Ministry tells pedagogy schools to merge

VietNamNet Bridge - As only 10 teacher training establishments are under the control of the Ministry of Education and Training (MOET), it is difficult to control the number of teachers being trained. 

MobiFone eyed by foreign investors, former partners

VietNamNet Bridge - Foreign investors have shown strong desire to buy MobiFone’s stakes. The Vietnamese mobile network operator, after a lot of delays, will undergo equitization in 2016.

Experts praise local franchising potential

 Viet Nam is showing huge potential for franchising, with dozens of franchises having been established and more new brands expected to enter the market in the next five to 10 years, according to analysts.

Tourism authority looks to boost traveler protection

 VietNamNet Bridge – The HCMC Department of Tourism has proposed a plan to improve the efficiency of the tourist help force to ensure better safety in tourist sites in the city, especially in the downtown area.