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Vietnam to reduce 35% HCFCs consumption by 2024

Vietnam plans to reduce 35 per cent of its Hydrochlorofluorocarbons (HCFCs) consumption by 2024 in an attempt to protect the ozone layer.

Young students design made-in-Da Nang trash collector

The trio – Vo Anh Khoa, Tran Van Nhat and Truong Van Binh – who were studying at the college’s ship engineering faculty, came up with the idea to help workers deal with pollution.

Finance Ministry drafts three inflation scenarios based on world petrol price

 The Finance Ministry said it has devised three scenarios for the domestic consumer price index (CPI) in 2019 based on different levels of increase in world petrol prices.

World experts gather in Vietnam for East Sea issues following recent tensions

More than 80 representatives from 27 members and organizations of the ASEAN Regional Forum have discussed maritime security in the East Sea following the region’s escalating tensions caused by claimants China and the Philippines. 

Vietnam’s Bamboo Airways to buy 10 Boeing planes during US-DPRK summit

Vietnamese carrier Bamboo Airways will sign a deal with Boeing to purchase 10 planes on the sidelines of this week’s US-DPRK second summit in Hanoi.

Ambiguous business conditions must be removed: expert

The Director of the Central Institute for Economic Management suggested ministries and ministerial-level agencies simplify business conditions and remove ones which are unclear, too vague, and unfeasible before the third quarter of 2019.

Vietnam's Doan Van Hau named one of the top 10 players in Asian Cup round of 16

 Young defender Doan Van Hau of Vietnam has been picked as one of the 10 best performers in the AFC Asian Cup’s round of 16 by Fox Sports Asia.

Vietjet inks US$1.2 billion financing agreements in Japan for fleet expansion

Vietnamese low-cost carrier Vietjet on October 10 signed two agreements worth a total of US$1.2 billion with foreign institutions to finance its ambitious fleet expansion.

Vietnam to spend US$3 billion on media advertising in 2018: Kantar Worldpanel

 In its latest report, market research firm Kantar Worldpanel expected the fast-moving consumer goods (FMCG) manufacturers will make up the bulk of that spending.

VN football fans celebrate Olympic team's ticket to Asiad quarter-final

 Thousands of football fans flooded the streets in Hanoi's centre on Thursday evening to celebrate the victory of the Vietnam Olympic team at the Asian Games (Asiad) 2018.  

Foreign capital still pouring into Vietnam: Dragon Capital Executive Chairman

 Executive Chairman of Dragon Capital Group, Dominic Scriven, affirmed that foreign capital flow is still strongly pouring into Vietnam in response to a question as to whether or not foreign investors are withdrawing capital from Vietnam.

V.League: Second-half resurgence secures Hanoi FC resounding win over HCM City

Four second half goals helped Hanoi FC to beat Ho Chi Minh City 4-1 in their V.League match at Thong Nhat Stadium on May 6.

Vietnamese swimming: Hopes arise from young athletes

Vietnamese swimming enjoyed a fruitful 29th SEA Games, with young talents Nguyen Thi Anh Vien (21 years old), Nguyen Huy Hoang (17) and Nguyen Huu Kim Son (15) securing 10 gold medals and breaking five records.

Ministry proposes permanent residence cards for foreign investors on Phu Quoc

 Proposed draft law on special administrative zones includes a series of mechanisms to attract investment capital and foreign experts to Phu Quoc Island.

Safeguard duty on fertilizer imports may cause rice production costs to surge

 The upcoming imposition of a temporary safeguard duty on DAP and MAP fertilizer imports into Vietnam will send fertilizer prices rising, thus leading to production costs of rice and other crops to inch up.

Sabeco and Habeco controlling stake may be out of reach for foreign investors

 To date, two of Vietnam’s largest brewers Sabeco and Habeco have yet to publish their specific state divestment plans, however, foreign investors may not have the opportunity to hold the majority stakes.

Rough ride

Traditional taxi companies have their work cut out staving off the attack from ride-hailing apps.

PM Nguyen Xuan Phuc calls for efforts to achieve growth target of 6.7 percent

PM Nguyen Xuan Phuc has requested ministries and sectors to make greater efforts in order to achieve a growth rate of 6.7 percent in 2017, thus contributing to the accomplishment of growth target set for 2016-2020.

Deputy PM hopes for stronger Vietnam-Nepal cooperation

 Deputy Prime Minister and Foreign Minister Pham Binh Minh received Nepalese Minister for Commerce Romi Gauchan Thakali in Hanoi on March 9, asking the two countries to augment cooperation in the spheres they have potential for.

Industry & Trade Ministry explains giant losses at Ninh Binh Fertiliser Plant

 The Ministry of Industry and Trade has pointed out the causes for the USD90m losses at a fertiliser plant in Ninh Binh Province that forced it to halt operation four years after being put into use.