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Coffee businesses reveal debt woes

 Domestic coffee businesses were preparing to report their bad debts to the State Bank and related ministries by August 15, according to Nguyen Viet Vinh, general secretary of the Viet Nam Coffee and Cocoa Association (VICOFA).

Vietnamese billionaire lost VND3 trillion while missing Arsenal deal

Doan Nguyen Duc, the owner of the Hoang Anh Gia Lai Group, could have pocketed the profit of $152 million, or VND3 trillion, if he successfully have bought 20 percent of stakes at Arsenal football club.

Over-600-year history of Vietnam banknotes

 VietNamNet Bridge - The first banknote in the history of Vietnam's currency is the one called "Thong bao hoi sao" which was issued in 1396 by Ho Qui Ly. More than six centuries later, banknotes increasingly confirm its important position in life.

US anti-dumping focus turns to oil industry pipes

 The US Department of Commerce (DOC) has officially started anti-dumping duty investigation into oil country tubular goods (OCTG) imported from Viet Nam, according to the Viet Nam Competition Authority.

HCM City: Businessman arrested for million USD fraud

Chairman and CEO of the HCM City-based Forest Product and Handicraft Production, Import - Export Joint Stock Company (UPEXIM), was arrested on August 13 for acts of "fraudulent appropriation of assets."

Making petty trade on Internet now in fashion

 VietNamNet Bridge – As the land has become as expensive as gold,” petty merchants now tend to occupy retail premises on… Internet. More and more shops have appeared on websites, leased kiosks to social networks.

When Vietnam - Russia strengthen defense cooperation

Vietnam’s orders for Kilo submarines, Sukhoi Su-30 MK2 fighter aircraft, Svetlyak class high-speed patrol boats and Gepard frigates from Russia are considered not only purely commercial military operations.

Techcombank’s foreign CEO resigns

 VietNamNet Bridge - The British CEO of Techcombank, Mr. Simon Morris, has resigned. His position will be assumed by a member of the bank’s Board of Directors.

Football betting to be legal in Vietnam

VietNamNet Bridge – The National Assembly Standing Committee on Wednesday discussed the government’s draft decree on betting business for horse racing, dog racing and international football.

Many challenges for National Wage Council

 VietNamNet Bridge – Vietnam’s National Wage Council was launched on Tuesday, marking a shift from a solely Government-led minimum wage fixing mechanism into a new tripartite body which recognizes the participation of workers and employers.

Long-tailed monkeys returned to wild

 Seventy long-tailed macaques were yesterday returned to Ba Mun island in Bai Tu Long National Park, located in the northeastern province of Quang Ninh.

Goalkeeper sacked for poor form

 V-League team Xuan Thanh Sai Gon (XTSG) have fired goalkeeper Bui Tan Truong.

Firefighting drill takes place in HCM City (video)

 More than 3,600 people took part in a national-scale exercise to deal with fires at high-end building in downtown Ho Chi Minh City on August 14.

New York Steakhouse presents ventriloquist

 Famous French ventriloquist Christian Gabriel and his friend, monkey puppet Fredy, will entertain the city's residents from September 3 to 10.

Museum celebrates local artists

 Several prize-winning artworks and others recognised for their unique forms of expression are on display at HCM City's Fine Arts Museum.

Anti-State agitator gets sentence reduced

 The Appeal Court of the Supreme People’s Court in Ho Chi Minh City on August 14 commuted the prison sentence for a defendant convicted of “conducting propaganda against the State of the Socialist Republic of Vietnam.”

Storm Utor to dump heavy rains in northern region

 As of August 16, heavy rains and thunderstorms will hit northern mountainous provinces while Hanoi is expected to suffer rains of 50-100 mm.

VN President receives newly-accredited ambassadors

 President Truong Tan Sang on August 14 received the newly-appointed Ambassadors of the Republic of Korea (RoK) and Argentina who came to present their credentials.

Two big wheat flour manufacturers sued for “bamboo hedges”

The two big guys in the food processing industry, specializing in making products from starch and wheat flour, have become the defendants in the lawsuits in which they have been accused of using others’ brand when exporting products to the US.

HCM City struggles to stamp out illegal taxis

 VietNamNet Bridge – Unlicensed and other fraudulent taxis that fleece customers continue to be a major headache for Ho Chi Minh City authorities.