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BUSINESS IN BRIEF 17/7

 Recovery in Vietnam's property market is real, Mergers could keep small banks afloat, VN growth could surpass target this year, Vinaplast to sell stakes in units, SUN Group urged to build resort in Laos

Danang’s Termitary House spotlighted in foreign magazine

 The DEZEEN architecture and design magazine has praised a new residence named the Termitary House designed by Vietnamese Tropical Space architects.

Lao Cai ranked in top 10 world’s most beautiful places

 TheRichest, a leading entertainment and lifestyle website, has released  a video that names the  top 10 most beautiful places in the world, and includes Vietnam’s northern province of Lao Cai.

Tien Minh enters Taipei’s third round

 Top Vietnamese badminton player ,Nguyen Tien Minh ,has earned the right to compete at the third round of the ongoing 2015 Yonex Open Chinese Taipei Badminton Championships after defeating his rival, Hu Yun from Hong Kong.

German photographer explores Hanoi, Paris

 German photographer Matthias Meyer will unveil his exhibition entitled Disorientation – A Small Paris in Hanoi at the Goethe Institute from July 21.

Thousand-year-old cave drawings found in national park

 The characters on the walls of Bi Ky grotto in Phong Nha cave in Phong Nha-Ke Bang National Park were drawn by the ethnic Cham people 1,000 years ago, the Sai Gon Giai phong (Liberated Saigon) newspaper reported.

Three central coastal localities to launch shared tourism products

 The central provinces of Thua Thien – Hue and Quang Nam as well as Da Nang city ought to work closely to establish a shared good quality tourism products with improved quality.

Congress updated on directive on national security, order

 The Politburo convened a national congress in Hanoi on July 16 to update and direct enforcement of its directive on strengthening Party leadership over ensuring national security and order in the new global context.

Travel firms to slash tour prices for Europeans

VietNamNet Bridge – Many provinces and tourism firms have registered to join a major promotional program initiated by the Vietnam Tourism Association (VITA) to cut tour prices by 20-30% for tourists from Western Europe. 

New decree serves as magnet for foreign capital flow

VietNamNet Bridge - The strong rise of the VN Index since late June is attributed to the high hopes of a new wave of foreign capital thanks to the new policy on no-limit foreign-ownership ratio in many business fields.

Mitochondrial disease study raises hope of treatment

 US scientists say they have taken the first step towards treating people born with mitochondrial diseases - debilitating genetic disorders.

Taxi booking app Uber fined $7.3m in California

 Taxi booking app Uber has been fined $7.3m (£4.6m) in California for not giving regulators enough information about its service and operations.

Binh Duong slip from top of V-League 1

VietNamNet Bridge – Newcomers Sanna Khanh Hoa made a splash when they beat Becamex Binh Duong 2-1 in their V.League 1 round-16 match on away ground yesterday.  

Johnny Depp's dogs: Wife Heard charged with smuggling

 Johnny Depp's wife, actress Amber Heard, has been charged with illegally smuggling dogs into Australia.

Da Nang to revoke "Silicon Valley" project

 The Da Nang City People’s Committee plans to officially revoke the investment license for the Da Nang Information Technology Park (DITP) project, dubbed “Da Nang’s Silicon Valley”, due to its delayed construction.

Investors pour billions of dollars into garment industry in anticipation of TPP

Billions of dollars of foreign direct investment have poured into the textile and garment sector in anticipation of great opportunities to be brought by the TPP Agreement (Trans Pacific Partnership).

Art & Entertainment News 16/7

  Day-long music event at Saigon Outcast, Paris-based DJ performs at The Observatory, Saigon Ranger features Canadian neo-soul singer, Local band to cover Linkin Park songs, German photographer explores Ha Noi, Paris

Summer paradise on the island of Binh Ba

VietNamNet Bridge - A new destination with reasonable prices is the island of Binh Ba, in Cam Ranh City, Khanh Hoa province. 

Social News 16/7

Remains of 18 volunteer soldiers returned to Vietnam, HCM City plans road through Can Gio forests, Spill from landfills poses environment hazard, Three passengers prevented from boarding VNA flight

Campaign to deter sale of alcohol to VN minors

 A communication campaign was launched in Hanoi on July 15 in a bid to raise public awareness on the ban on selling alcohol to children and teenagers under the age of 18.