How to mobilise idle foreign currency and gold from locals to invest in business and production has become a hot issue recently, with the Government last week once again asking the State Bank of Vietnam (SBV) to consider proposals.

Le Ha of Hanoi, who has been selling clothes on Facebook, is stressed and worried after receiving a message from tax authorities inviting her to come and declare her income. 

 The Vietnamese women’s futsal team arrived in Japan on July 24 for training ahead of the upcoming SEA Games.

 Deputy Prime Minister Vuong Dinh Hue held working sessions with some Australian officials on July 24 to seek measures to further foster partnership between the two countries.

 Prime Minister Nguyen Xuan Phuc has inspected the waste treatment area and production line of Hung Nghiep Formosa Ha Tinh Steel Limited Company (FHS) in Ha Tinh province.

National Assembly Vice Chairman Phung Quoc Hien valued the cooperation between the State Audit of Vietnam and the Board of Audit of Japan while receiving a delegation of the Japanese board in Hanoi on July 24.

 Police in Hai Phong on July 24 busted a ring transporting drugs from Vietnam-Laos border to the city and surrounding provinces, seizing 28 cakes of heroin, weighing nearly 9.83 kg, and 8kg of methamphetamine.

VietNamNet Bridge - In June 2016, PM Nguyen Xuan Phuc ordered closures of natural forests to prevent illegal logging. 

An MOIT report shows there are 29 petrol distribution chains in Vietnam and the number has been increasing rapidly in the last year with at least five distributors set up this year. 

Education experts strongly oppose parents’ intention to teach their children under six years old to read and write, saying this is ‘antiscientific’ behavior. 

VietNamNet Bridge - The sharp fall in sales of PCs (both desktop and laptop) has forced distributors and retailers to shut down or sell other products.

Foreign packaging companies have generally outpaced the local competition in meeting increasing needs as Vietnam’s consumption demand increases.

 Vietnam has seen a boom in fast-food chains but the failure of some poses questions about whether the market has become saturated and is no longer attractive.

“Strong manufacturing and FDI, an improving construction sector, and robust domestic demand continue to underpin activity [in Vietnam],” Mr. Ranil Salgado, Assistant Director, Asia and Pacific Department at the International Monetary Fund (IMF) said.

 A recent deadly fire in Hanoi has raised warnings about house extensions that block emergency exits.

Vietnam aims to cut the number of traffic accidents and deaths by 5-10 percent every year and lower the number of severe crashes related to coaches and motorbikes between 2016 and 2020.

Speaker of the Parliament of Bangladesh Shirin Sharmin Chaudhury left Hanoi on July 24, successfully concluding her five-day official visit to Vietnam at the invitation of National Assembly Chairwoman Nguyen Thi Kim Ngan.

 Vietnamese tennis player Ly Hoang Nam has become the No 1 seed in Southeast Asia region, as per the latest ATP world rankings released on Monday.

 The families of 37 children, who have genital warts after undergoing circumcisions at an unlicensed clinic in Hung Yen Province, have sent a letter to the health minister of health.

By cooperating with local businesses, the investment wave from Japanese enterprises into Vietnam’s real estate market continues to grow strongly.