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Shareholders in big companies make large profits this year

 Several large companies on the HCM Stock Exchange have spent hundreds to several billions of Vietnamese dong to pay dividends since the beginning of this year.

Four concerns about Vietnam’s economy for second half of 2015

Unsatisfactory farm produce exports, low inflation rate, and low effects of foreign direct investment (FDI) to the national economy and slow state-owned equitization have been cited as the most serious problems facing the national economy in H2.

VN gold prices lowest since 2012

 Gold weakened further yesterday in Viet Nam, falling to the lowest levels since 2012, amid a continuing steady drop in world prices.

VN's largest drug trial gets underway

 The first day of a four-day trial on a drug case that shocked the nation is underway.

Thai Son Nam shake things up

VietNamNet Bridge – Viet Nam's Thai Son Nam team shook things up at the Asian Football Confederation Futsal Clubs Championship yesterday (Aug 4) in Iran.

President visits flood region

  President Truong Tan Sang spoke up about the record floods that hit the coastal province of Quang Ninh, killing 17 and injuring another 30.

Deputy PM promotes role of ASEAN bloc

 Deputy Prime Minister and Foreign Minister Pham Binh Minh had separate meetings with foreign ministers of several countries on the sidelines of the 48th ASEAN Foreign Ministers' Meeting (AMM 48) in Kuala Lumpur yesterday.

Vietnamese high-tech products still sell well amid foreign products

VietNamNet Bridge - The smart device sales boom in Vietnam, especially smartphones, has prompted many Vietnamese businesses to join the playing field, where the majority of players are foreign companies.

Vinacomin insists on environmental tax reduction for bauxite projects

VietNamNet Bridge - The Vietnam Coal and Mineral Industries Group (Vinacomin) has asked for a 90 percent reduction in the environment tax for bauxite projects in the Central Highlands.

An untouched beach near Hoi An

 VietNamNet Bridge – Around three kilometers from Hoi An City on the central coast, An Bang beach is still in its primitive state. Clean water, yellow sand, a pure atmosphere and daily chores of local fishermen make the beach area unique.

Logistics firms must cut costs in order to compete

 With the trend towards deeper integration, Vietnamese firms in logistics and supply chain management need to become more competitive to stay afloat, according to the Viet Nam Logistics Association.

Thai cement giant acquires many Vietnamese firms

VietNamNet Bridge – Siam Cement Public Company Limited (SCG) has acquired Batico, a large packaging company in Vietnam. Many people are not aware that SCG is the name behind a number of large acquisitions in Vietnam.

FDI forecast points towards deluge in Vietnam

 Foreign direct investment inflows into Vietnam are expected to spike in the coming months thanks to the new legal investment framework and free trade agreements in effect.

Beauty of Russian music in “Khachaturian and Prokofiev” concert

HCMC Ballet Symphony Orchestra and Opera (HBSO) will organize a concert called “Khachaturian and Prokofiev” at HCMC Opera House on August 9.

Vietnamese American Music Festival 2015

 Come to Vietnamese American Music Festival 2015 with two concerts on 20 and 22 Aug 2015.

BUSINESS IN BRIEF 5/8

 Mass inspections launched in garment and textile, US-dollar loan demand rises, Budget to meet 2015 estimates, Retail sales growth higher than four-year average, Foody to expand into Southeast Asia

Sacombank opens wholly-owned subsidiary in Laos

 The Sai Gon Thuong Tin Bank (Sacombank) said on August 3 that it had officially opened its wholly-owned subsidiary bank headquartered in the Lao capital city of Vientiane.

SMS campaign underway to support AO victims

 Supporters of the dioxin-affected community are able to make text-message donations through September 30.

$3.2 bln wind power plant to be built in Ca Mau

 Authorities of the southernmost province, Ca Mau, have affirmed their support of a project to construct a wind-power plant in Ngoc Hien district.

Vietnam tightens ties with political parties in Latin America

 A Party delegation led by Nguyen Viet Thao, Deputy Director of the Ho Chi Minh National Academy of Politics, paid a working visit to Mexico and attended the 21st meeting of the Sao Paulo Forum from July 29 to August 3.