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Property association executive refutes bubble possibility

 A real estate bubble of the kind seen in 2007 is not likely to occur this year or 2016, according to Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association (HoREA).

Vietnam’s public debts not too high, but still risky: economist

VietNamNet Bridge - The Ministry of Finance (MOF) said that Vietnam’s public debt was still within the safety line but economists say they can see high risks.

Investors want to back Cam Ranh airport

 As many as 12 investors plan to invest in a new international passenger term-inal at Cam Ranh airport in the central coastal province of Khanh Hoa.

NA Vice Chairwoman receives US church official

 Vice Chairwoman of the National Assembly Tong Thi Phong hosted a reception for a visiting US delegation led by Elder Jeffrey R. Holland, a member of the Quorum of the Twelve Apostles of the Church of Jesus Christ of Latter Day Saints yesterday. 

Hanoi, Johannesburg to bolster all-around links

 Visiting Chairwoman of Johannesburg City Council of South Africa Constance Bapela suggested a further connection between her city with Hanoi in the coming time, especially in trade, culture tourism.

Fisheries get first right to check on problems at sea

Members of the National Assembly Standing Committee have agreed to allow the Fisheries Surveillance and Resources Department to act as an initial investigative body to more efficiently solve problems that arise in the seas.

Tax breaks to lift VN auto industry

 Cars with various engine displacement values are expected to enjoy a rebate in the special consumption tax in Viet Nam as of July 1, 2016, according to a revised draft on Tax Law issued by the Ministry of Finance recently.

New Zealand to share peace-keeping experience with Vietnam

Deputy PM Pham Binh Minh hosted a reception in Hanoi on August 17 for Chief of the New Zealand Defence Force Timothy Keating, who affirmed that his country is willing to share its experience in taking part in UN peacekeeping missions with Vietnam. 

Japan to process tuna in central Vietnam

 The Japanese Hokugan Ltd Company intends to build a plant to process ocean tuna and other aquatic products in the Dong Tac fishing port, Tuy Hoa city of the central coastal province of Phu Yen in the near future.

Vietnam, Singapore convene ninth political consultation

 Deputy Foreign Minister Le Hoai Trung and Second Permanent Secretary of Foreign Affairs of Singapore Chee Wee Kiong chaired the ninth political consultation in Hanoi on August 17.

US Ambassador studies bomb clearance in Quang Tri

 US Ambassador to Viet Nam Ted Osius toured the central province of Quang Tri yesterday to take a look at bomb and mine clearance efforts.

International physics conference opens in Quy Nhon

 Sixty physicists from 19 countries are participating in an international conference, which opened in the central Binh Dinh Province's Quy Nhon City today, to share new achievements and enhance co-operation.

Unnamed foreign investor wants to buy half of Dong A Bank

Dong A Bank CEO Tran Phuong Binh said a foreign investor wants to buy a 49 stake to become a strategic shareholder of the bank. 

Quang Nam authorities destroy illegal gold ore

 VietNamNet Bridge – Authorities on Saturday destroyed 10 tonnes of gold ore from the Bong Mieu gold mine that were handed over by Tam Lanh Commune residents in the central Quang Nam Province.

Smuggled pangolin scales confiscated at airport

 VietNamNet Bridge – Customs officers at Tan Son Nhat International Airport discovered and seized about 42.2kg of smuggled pangolin scales yesterday, August 16.

Shipping fees weigh down VN exporters

 Local authorities are seeking measures to reduce foreign shipping fees in the wake of a vociferous outcry from local importers and exporters.

Tour of famous pagodas in Ho Chi Minh City

VietNamNet Bridge – Ho Chi Minh City is famous for its impressive architecture which includes some beautiful pagodas that exemplify the Oriental architectural style.

HCM City leader: Zoo is here to stay

VietNamNet Bridge – HCMC chairman Le Hoang Quan has rejected rumors that the Saigon Zoological and Botanical Gardens, mostly known as Saigon Zoo, in District 1 would be relocated out of the city center, saying it is here to stay.

Vietnam, EU prepare for free trade launch

 Vietnam and the EU have reached a framework agreement on the creation of a free trade zone under which almost all customs barriers between the partners will be eliminated.

Domain name transfer now legal, but number of transactions are few

VietNamNet Bridge - The government has turned the green light on the establishment of a ‘.vn’ domain name market in Vietnam, but it has not set up a legal framework for the market to develop.