VietNamNet Bridge - Sixty percent of the cinema market in Vietnam is being held by foreign investors, with CGV and Lotte from South Korea the main players.

 The Government will not accept resignations from officials under investigation, according to the Law on Officers and Public Servants, said Mai Tien Dung, Chairman of the Government Office.

 The Ministry of Agriculture and Rural Development on Wednesday launched the Việt Nam National Action Plan for management of antibiotic use and control of antibiotic resistance in livestock production and aquaculture in the 2017-20 period.

 Vietnam is one of the top 20 countries that are at great risk of malware attacks on personal computers through USB flash drives, CDs and DVDs, according to Kaspersky Lab’s quarter two report on global security.

 The Civil Aviation Authority of Vietnam (CAAV) has proposed the Ministry of Transport to develop solutions needed for Tan Son Nhat International Airport to increase its capacity in the 2017-2018 period.

 The leasehold for home ownership for foreigners in Vietnam will be extended from 50 years to 99 years if the draft Law on Special Administrative-Economic Units is approved.

 Rich with investment opportunities and positive demographics, ASEAN continues to attract international acquirers according to the latest edition of Spotlight Asia, Kroll’s quarterly M&A newsletter, produced in association with Mergermarket.

 With the total consumption of about 3.8 billion litres of beer each year, Vietnam is an attractive market luring in numerous foreign investors, and in the upcoming period, a Taiwanese brewer may join and heat up the competition.

 Construction of $4.5 billion Long Son petrochemical complex in the southern province of Ba Ria-Vung Tau will resume before the end of this year, following the recent restructing of shareholders in the joint venture company.

 Korean convenience store chain GS25 plans to open its first store in HCM City this year, marking a foray in the Vietnamese retail market, where competition between convenience store chains is already fierce. 

 Indochina Airlines still owes VND30 billion (USD1.36 million) to its fuel provider after going bankrupt. Meanwhile, Air Mekong is also in debt.

 At least seven people have been killed while 27 others remained missing as flash floods swept through several northern mountainous provinces on Thursday according to local authorities. 

 An Australian tourist who lost his bag during a tour to Hoi An Town has had his valuables returned.

The Vietnamese home appliance industry is luring in numerous foreign manufacturers from Thailand and China, making it harder for domestic enterprises to gain significant market share in this field.

VietNamNet Bridge - The government has rejected proposals to license private air carriers, saying that investors must meet all requirements stipulated in the current laws. 

High rainfall volume and domestic demand have raised hydropower plant earnings in the first six months of 2017 and promised to lift their performances in the remaining half, according to Viet Dragon Securities Corp.

 Together with high profits of trillions dong in the first half of this year, domestic commercial banks reportedly recruited thousands of employees in the period to boost development.

 Prime Minister Nguyen Xuan Phuc agreed in principle that the three special economic zones being planned by the Government to spearhead the country’s economic growth should enjoy special regulations and fewer limitations to woo investments.

The Hanam Province People’s Committee declared a state of emergency on Thursday, August 3, to deal with a growing outbreak of dengue fever, spread by infected mosquitoes, with 100 cases confirmed year-to-date.

The Ministry of Planning and Investment on August 2 held its second biannual discussion of the Vietnam-Japan Joint Initiative Phase VI, as well as future trade and investment opportunities between the two nations.