SEARCH RESULTS

Advanced search

BUSINESS IN BRIEF JULY 17

Brighter economic outlook accelerates car sales in H1; HOSE sees busy year for securities trading; Investors lack clear regulations; Forex rate tumbles after State Bank announcement; Viet Nam, Argentina sign MoU; FPT buys 123mua.vn from VNG

Vietnam seeks investment for supporting industries

 VietNamNet Bridge – The Government will accelerate construction of industrial zones and complexes for supporting industries across the country, with an aim to attract foreign investors, especially those with high-tech projects.

Danang to host Int’l Marathon Competition 2014

VietNamNet Bridge – About 4,200 foreign and domestic athletes, both professional and amateur, are expected to participate in the 2014 International Marathon due to take place in the central coastal city of Danang from August 28-31.

Golden Globes legal case resolved

 A long legal wrangle has finally been resolved between the organisers of the Golden Globes and the company that produces the TV broadcast.

Hurricane Rammasun enters East Sea

 VietNamNet Bridge – At noon on July 16, Rammasun typhoon entered the East Sea, and is predicted to affect the Gulf of Tonkin and the northern provinces of Quang Ninh, Hai Phong in the next few days.

Typhoon Rammasun batters central Philippines

 Strong winds knocked out power and forced thousands of people to evacuate as Typhoon Rammasun hit the central Philippines.

China asked not to take rig back for peace in East Sea

Vietnam demands China not take its oil rig Haiyang Shiyou-981 back or dispatch any other rigs to Vietnam’s oil and gas Block 143 or any other areas belonging to Vietnam’s waters, Foreign Ministry Spokesperson Le Hai Binh has said.

Small irrigation reservoirs in need of urgent repair work

 VietNamNet Bridge – More than 1,100 small irrigation reservoirs with a capacity under 1 million cubic metres need to be upgraded throughout the country to ensure the nation's safety during the flood season.

Damaged undersea internet cable disrupts service

 Vietnamese internet service customers began experiencing disruptions and slower speeds on the evening of July 15 caused by a severed submerged internet cable just off Vung Tau’s coast.

Vietnam to compete in Int’l futsal event

 The national futsal team started training on July 14 in preparation for an international tournament in Hangzhou, China, next week.

Viet Nam receives award in environmental photography

A photograph by Do Tuyet Trinh has been selected as one of the best five at the Atkins CIWEM Environmental Photographer of the Year 2014 competition.

Commercial banks stand firm amid East Sea tension

 VietNamNet Bridge – The Vietnamese monetary market and bank operations have been stable over the last two months, since the day China illegally deployed its oil rig in the Vietnamese territorial waters.

Two Moscow metro workers arrested after disaster

 Russian investigators have announced the arrest of two Moscow metro workers for safety breaches after a train derailed, killing 21 people.

VNAT proposes visa exemptions

 VietNamNet Bridge – The Viet Nam National Administration for Tourism has asked the Government to approve visa exemptions for visitors from the EU, Australia, Taiwan, Hong Kong and North America.

Many aviation bodies responsible for VietJet’s landing mistake

The Minister of Transport, at a recent meeting, apologized to the public and blamed the Civil Aviation Administration of Vietnam chief, saying that the management agencies must be responsible for this case and they should not just blame the carrier.

Officials reject farmer’s incinerator invention

 VietNamNet Bridge – The inventor of a special garbage incinerator and electricity generator, a farmer in Thai Binh province, has dismantled his work following a ban by the provincial science and technology department.

Midwifery investment can save millions of lives of women

The State of the World’s Midwifery 2014 report released by the United Nations Population Fund  in Vietnam and the Ministry of Health, reveals that having midwives at the bedside of each pregnant woman in the world can save millions of lives.

Political News July 16

 Citizens’ identification bill under review; PM inquires into fuel prices; Court sector asked to step up reform; Ha Nam province told to better receive feedback; Veteran diplomat shares memories about Geneva conference

New State Bank regulations get tough on “tycoons” exceeding their share limit

As the central bank has threatened to impose stiff fines or punishment on bank shareholders who have share proportions higher than the permitted levels, many bankers are believed to be selling parts of their shares to reduce ownership ratios.

China releases Vietnamese fishermen

 The Vietnamese Embassy in China has said that 13 Vietnamese fishermen seized by China have been freed and are on the way back home.