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Global cancer drug spending to exceed $150 billion by 2020: IMS report

 Worldwide spending on cancer medicines will exceed $150 billion by 2020, driven by the emergence of expensive new therapies that help the immune system to attack tumors,

Social News 2/6

SCG inspires kids to become “little green citizens”, Baby monkey illegally kept by family in Kon Tum, Global Eye supports contemporary art in Vietnam, Green urban planning project ratified, Man sentenced to life imprisonment for misappropriating gold

Hard battle against wildlife crime in Vietnam

VietNamNet Bridge – Lack of legal assistance from foreign countries means the fight against wildlife crime is still very tough. 

Former U.S. Senator's appt as chair of Fulbright University VN’s Board of Trustees stirs interest

The public was recently intrigued about the news that former Senator Bob Kerrey was appointed the Chair of FUV Board of Trustees. VietNamNet talked with Kerrey and Thomas J. Valelly, Chairman of the Trust for University Innovation in Vietnam.

First ever children’s book festival in Hanoi

VietNamNet Bridge – Thousands of children and parents attended the first ever children’s book festival which opened on June 1 in Ha Noi’s Temple of Literature, the country’s first university.  

Hanoi to host free screenings of Vietnamese and Korean animated films

VietNamNet Bridge – Free screenings of Vietnamese and Korean animated films will be held at the Au Co Arts Centre in Hanoi on June 4 and 5. 

Katy Perry visits poor children in central Vietnam

VietNamNet Bridge - American pop star and UNICEF Goodwill Ambassador Katy Perry last week visited the poorest districts in Ninh Thuan province in central Vietnam.

BIDV, VietinBank told to pay cash dividends

 The Ministry of Finance wants Bank for Investment and Development of Vietnam (BIDV) and Vietnam Bank for Industry and Trade (VietinBank) to pay 2015 dividends in cash.

$4 billion conference center project stalled in HCM City

VietNamNet Bridge - Though both HCM City authorities and US investors are determined to develop the project to build the TPP financial & conference center in district 2, it has stalled because it does not fit the city’s development program.

Night of French Music at HCM City Opera House next week

 The HCM City Ballet Symphony Orchestra and Opera in cooperation with the French Institute in Vietnam will host “A Night of French Music” concert at the city’s Opera House on June 9.

Tra Que Vegetable Village through the lens of French photographer

Located between the ancient town of Hoi An and An Bang beach, the vegetable village of Tra Que has become a popular destination. The following photos were taken by French photographer Réhahn Croquevielle.

BUSINESS IN BRIEF 2/6

 Retail, manufacturing sectors slow HCM City economy, Vietnam’s consumer confidence index hike, Farmers want pepper futures trading, Catfish raw material management tightened after US warning

Da Nang gears up to host Asian Beach Games

VietNamNet Bridge – Da Nang is preparing to host the Asian Beach Games, the region’s largest beach sports event, on the central city’s clean, welcoming beaches. 

Shoe makers step up presence

In anticipation of the Trans-Pacific Partnership tariff slashes, and due to the rising costs of production in China, Vietnam has become a hotspot for investment by foreign footwear manufacturers.

Vietnam toughens up fight against illegal wildlife trade

 The violations of the endangered species act in Vietnam will face higher punishments as prescribed in the 2015 revised Penal Code, which is scheduled to take effect from July 1, 2016, said an officer from the Ministry of Public Security.

German toy association eyes investment in Vietnam

 Managing Director of the German Association of the Toy Industry (DVSI) Ulrich Brobeil has met with Vietnamese diplomats to discuss the association investing in Vietnam.

HCM City eyes stronger cooperation with Cambodian localities

  Secretary of the Ho Chi Minh City Party Committee Dinh La Thang has highlighted his city’s desire to enhance cooperation with Phnom Penh and other Cambodian localities during his working visit to Cambodia.

National Assembly Vice Chairwoman visits the UK

 Vietnam wishes to learn from London’s experience in building a municipal council, the roles played by the municipal council and administration as well as links between them, said National Assembly Vice Chairwoman Tong Thi Phong.

Vice President receives South Australia Governor, Premier

Vice President Dang Thi Ngoc Thinh hosted a reception in Hanoi on June 1 for Governor Le Van Hieu and Premier Jay Weatherill of South Australia.

PM backs Vietnam-Laos justice cooperation

 The Vietnamese Government supports the cooperation between the Vietnamese and Lao Ministries of Justice, said Prime Minister Nguyen Xuan Phuc.