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Vietnam’s stock market unaffected by Chinese bourse chaos

VietNamNet Bridge - The VN Index has been decreasing in recent trading sessions, but this is not because of the Chinese stock market. Some analysts hope the $3 trillion worth of capital leaving China will head for Vietnam.

Income of Da Nang’s poor three times higher than VN average

Da Nang has approved new standards to identify poor households, with average monthly income of VND1.1 million/person in rural areas and VND1.3 million/person in urban areas. The rates are nearly three times higher than the country’s average.

Four foreign investors are suing the VN Government

 VietNamNet Bridge - The Ministry of Justice has said that it will be the "legal representative" for the Vietnamese government in four lawsuits lodged with the International Council of Arbitration by four foreign investors.

HCM City invests $1.14 billion in flood prevention

In the past 10 years, HCM City has invested about VND24.3 trillion (over $1.14 billion) in flood prevention projects. However, just 1.2% of the total workload of these plans have been completed so their effectiveness is beyond expectation.

More foreign investment will help securities

 VietNamNet Bridge – A decree issued last month that allows foreign investors to raise their ownership in Vietnamese companies will help Viet Nam's securities market, said Andy Ho, Chief Investment Officer of VinaCapital.

Mountainous embrace imparts secluded beauty to Eo Gio

 VietNamNet Bridge – After we arrived at Nhon Ly Village in Quy Nhon City for a three-day working trip last month, we were invited to visit Eo Gio beach, ensconced in a beautiful embrace by the mountains.

I clearly saw Nguyen Co Thach’s willingness: André Sauvageot

“As I said while interpreting for meetings with Nguyen Co Thach, I saw firsthand, his willingness to set the past aside and orient on the future, even though the US perpetrated a horrific war against Vietnam,” said André Sauvageot.  

Firms confused about new business regulations

 VietNamNet Bridge – The number of people and firms seeking advice about business startups at the HCMC Department of Planning and Investment has surged since the amended enterprise and investment laws took effect on July 1.

Senior cai luong artist to perform next week

 People's Artist Ngoc Giau, a leading cai luong (reformed opera) performer, will return to the stage for a live show in HCM City next week.

Man carrying water to mountain rescues langurs

The langurs (Trachypithecus) in the remote mountainous area of Thiet Son in Tuyen Hoa district of Quang Binh province have a loyal friend and protector, Nguyen Thanh Tu, a retired border soldier who carries water to the mountain to feed them.

Vietnamese farmers make solar-powered boat

VietNamNet Bridge - Farmers in the Mekong River Delta have invented boats that can run smoothly with no noise or pollution to the environment, and are especially suitable to serve ecotourism.

100 percent of students expected to pass high school finals

Teachers have said that most students will pass the high school final exam because of the easy questions on the test. However, universities will find it difficult to choose excellent students because the questions were not difficult enough.

Mekong Delta to need US$4 billion for key infra projects by 2020

 VietNamNet Bridge – The Ministry of Transport has estimated the Mekong Delta region would need around VND87 trillion in 2016-2020 to invest in important infrastructure projects to fuel economic growth.

BUSINESS IN BRIEF 13/7

 Vietnam ranks third among footwear exporters, Vietnam industry lags behind potential, New challenges require livestock overhaul, Binh Duong adopts online tax payments, Small brokers fear intra-day trading will lose them clients

US investors taking note

Mr. Vu Bang, Chairman of the SSC, spoke with VET following the successful investment promotion trip to the US from July 1 to 5.

HCM City to remove 17 industrial clusters from zoning plan

HCM City will leave out 17 industrial clusters from its master zoning plan for industrial production to ensure the city will have only 13 industrial zones (IZs) covering nearly 764 hectares in total in 2020,

The beauty of peach flowers throughout Vietnam

 VietNamNet Bridge – There are many varieties of peaches in Vietnam, with different beauties.

HCM City to relocate slums near metro route

VietNamNet Bridge – HCM City will clear more than 800 slums located near Van Thanh trench in Binh Thanh District to clean up the area through which the first metro line will pass.

Daring foreigners taking over Vietnam agriculture

 VietNamNet Bridge – Foreigners are increasingly taking over traditionally Vietnamese business industries – and agriculture is no exception – thanks to their innovative approach and willingness to take risks, according to one expert.

Vietnam approved as energy charter observer

 Vietnam will become an observer of conferences of the International Energy Charter by adopting this statement, Prime Minister Nguyen Tan Dung agreed.