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What do Vietnamese entrepreneurs named in the Panama Papers say?

Among organizations and individuals of Vietnam named in the Panama Papers are Nguyen Thi Phuong Thao, Chair of Sovico Holdings, and Chair of SSI Securities Company Nguyen Duy Hung. How did they explain this inclusion on the list?

Vietnam to investigate Panama papers case

On May 10 the General Department of Taxation held an extraordinary meeting on the Panama papers case. The agency decided to set up a working group to investigate tax obligations of 189 organizations and individuals named in the list.

Vietnamese drink over one billion liters of beer in 4 months

VietNamNet Bridge – Although luxury tax on beer has increased, production and consumption of beer in the past four months increased by nearly 6%, reported the Ministry of Industry and Trade.

Hanoi restaurant lures drinkers by waitresses in bikinis

After an electronic store in Hanoi was fined $2,000 for using PR girls wearing swimsuit, a restaurant on Tran Thai Tong Street, Cau Giay District, Hanoi also hired PR girls wearing bikinis to pour beer and bring food to customers. 

Vung Tau fish-breeders to sue 14 seafood processing firms for polluting environment

After three failed dialogues with 14 plants, people of Long Son commune in the southern city of Vung Tau have hired lawyers to prepare a lawsuit against 14 firms for discharging wastewater into the environment, killing their fish.

Foreign ambassadors conquer Son Doong cave

A group of foreign ambassadors to Vietnam, an UNESCO representative and US Assistant Secretary of State landed in the central province of Quang Binh on May 11 to embark on their adventure inside Son Doong Cave, the largest natural cave in the world.

PM urges food safety, hygiene

 VietNamNet Bridge – Ministers, Government officials and People’s Committee leaders should improve management of food safety and hygiene, Prime Minister Nguyen Xuan Phuc said in a recent directive.

Carbon-offset deal would cost airlines $6.2 billion in 2025: IATA

 A global market-based measure to curb aviation emissions would cost the airline industry up to $6.2 billion in the year 2025, but carriers could face higher charges if governments fail to reach a deal by October,

Border War 1979: Witnesses and the graves of 400 people

VietNamNet Bridge - From 17/2 to 16/3/1979, Beijing mobilized 600,000 troops and modern weapons to attack six northern border provinces of Vietnam.

Referees banned from V.League

 VietNamNet Bridge – Football referee Ha Anh Chien and referee assistant Tran Duy Khanh have been banned till the end of the V.League’s first leg following serious mistakes that made headlines for days.

Art Vietnam Gallery to celebrate life through art

 VietNamNet Bridge – In a world reeling with political fractures, environmental disasters, spiritual confusion, and economic and familial breakdown, art holds its unique place, Suzanne Lecht, owner of Art Vietnam Gallery, said.

Israeli cuisine showcased in Hanoi

 VietNamNet Bridge – Renowned Chef Ruthie Rousso, known as Ambassador of Israeli gastronomy, showcased a variety of Israeli food, ingredients and cooking techniques to the public of Ha Noi yesterday.

APA sports event opens in HCM City

 The ASEAN Ports Association (APA)’s 12th Sports Meet kicked off in Ho Chi Minh City on May 10.

33,600 Vietnamese labourers work abroad in first four months of 2016

  As many as 33,600 Vietnamese labourers worked abroad in the first four months of this year, accounting for 33.69 percent of the target for 2016, according to the Ministry of Labour, Invalids and Social Affairs.

Local tourism authorities urged to ensure food safety for visitors

 The Vietnam Administration of Tourism (VNAT) has asked tourism management agencies in central localities to monitor the use of sea fish with at restaurants to ensure food hygiene for tourists.

3-star hotels become more popular among investors

VietNamNet Bridge - Though competition in the 3-star hotel market segment has increased, many hotels are seeing worse business performance because of increased supply. Developing 3-star hotels remains a very profitable business.

Trove of Marilyn Monroe's personal belongings to go up for auction

 A collection of personal items including handwritten notes and jewelry that belonged to film star Marilyn Monroe will go up for auction in November at Julien's Auctions.

The coffee shop inside Hue Royal Citadel

 VietNamNet Bridge - Sitting in the Tu Phuong Vo Su cafe, visitors can look into the Imperial City and the residential areas inside the citadel over a moat.

Woody Allen tops bill at star-studded Cannes festival

 The 69th Cannes Film Festival has what it takes to be a vintage edition, with Woody Allen leading a pack of celebrated filmmakers presenting their movies to the French Riviera crowds.

BUSINESS IN BRIEF 11/5

Orange, tangerine, grapefruit best selling in Mekong delta, High risk provisions and costs hit bank profits, Bank employees get raises in Q1, Shinhan Bank Vietnam appoints new General Director, Vinamilk to offer bonus shares on 40th anniversary