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BUSINESS IN BRIEF 11/7

Hau Giang to have $31m logistics centre, Garena invests in Foody.vn, Japan opens market to Vietnamese mangos, SBV bars troubled banks from expanding services, Vietnam pushes state-owned enterprise privatisation forwards

Six workers injured as scaffolding collapses

 At least six workers were injured when a scaffolding collapsed this morning at the construction site of the Mapletree Business Centre on Nguyen Van Linh Road in HCM City.

Smoking 'may play schizophrenia role'

 Smoking could play a direct role in the development of schizophrenia and needs to be investigated, researchers say.

Opening direct international air routes a must for Vietnam's airlines

VietNamNet Bridge - Opening direct air routes is a trend being followed by the world’s air carriers and Vietnam’s.

Michael Learns To Rock to perform in Hanoi this Sunday

 VietNamNet Bridge - Michael Learns To Rock will be in Hanoi for one night only - Sunday July 26 - after the first impressive and successful performance in 1998.

EVENTS SCHEDULED FOR JULY 10-20

   Major art & entertainment events in big cities from July 1-10.

Viber closes Vietnam representative office

 VietNamNet Bridge – The representative office of Viber in Vietnam will be closed to move to new headquarters in the Philippines.

Foxconn’s $200 million licence in VN revoked

 VietNamNet Bridge – The world's largest electronic component manufacturer, Taiwan’s Foxconn, has had its investment certificate in Vinh Phuc revoked because its $200 million project has not been implemented.

Art & Entertainment News 10/7

 Int'l publisher displays 3,000 English-language books in City, Workers Cultural House hosts calligraphy exhibition, New street named after late composer, It's summer festival time in the Ba Na Mountains, Hue Tourism Day 2015 opens

Police calls for public help in search of massacre culprits

The Binh Phuoc's Police Station has called on members of the public to report anything they know that could help officers with their investigation of the cold-blooded massacre that took six lives in the family of a wood businessman on July 7.

ASEAN funds flood Viet Nam

 As of June 20, investors in the ASEAN region poured US$54.6 billion into 2,632 projects in Viet Nam, according to the Ministry of Planning and Investment's Foreign Investment Agency.

Police smash illegal lottery ring in northern VN

  Police in the northern Hai Phong City arrested two people early this week for running an illegal lottery ring via fax machines.

Vinamilk to invest US$3.5 million more in New Zealand

  The Vietnam Dairy Products Joint Stock Company (Vinamilk) has got a license to invest an additional nearly US$3.5 million in Miraka Limited Company of New Zealand.

VN sends observers to Philippines arbitration case against China

 As a country directly involved in the East Sea dispute, Vietnam would send a delegation to attend the hearing on the jurisdiction of the Permanent Court of Arbitration (PCA) in the capacity of an observer.

Da Nang Luxury resort nominated on ‘Best of The Best’ list

 Da Nang Luxury resort nominated on ‘Best of The Best’ list, Thua Thien-Hue tourism day opens, HCM City promotes tourism at international fair, Tourism industry proud of 55-year contributions to economy

Japan helps Vietnam manage sustainable natural resources

 The Japanese Government will provide technical assistance on sustainable management of natural resources to the five mountainous provinces of Dien Bien, Lai Chau, Son La, Hoa Binh and Lam Dong from 2015-2020.

Adverse climate change affects in various fields in Vietnam: Experts

 Experts working in climate change research have recently forecast negative impacts of climate change on economic development, the environment, biodiversity and the health of humankind.

Businesses need to check WTO commitments before selling stakes to foreigners

Since the government Decree No 60 officially lifted limitations on foreign ownership ratios, Vietnamese businesses have been looking forward to the Ministry of Finance’s circular guiding its implementation.

Indonesia closes five airports as Mount Raung erupts

Five airports in Indonesia have been shut, including in the tourist hotspot Bali, because of a volcanic eruption, transport officials say.

China joins Malaysia to build $1.87 billion power plant in VN

JAKS Resources Berhad (Malaysia) will cooperate with China Petroleum Engineering & Construction Corporation (CPECC) in a joint venture to build a power plant with capital amounted to $1.87 billion in Vietnam, according to Malaysia’s The Star.