State employees nationwide will get three days off on the occasion of the 72nd anniversary of National Day (September 2) this year.

 Chairman of HCM Stock Exchange (HOSE)’s Board of Directors Tran Van Dung was appointed as the new chairman of the State Securities Commission of Viet Nam (SSC) on Wednesday.

 Live 5G radio demo-system with Massive MIMO achieve 5G download speed (5.7Gbps) and ultra low latency was witnessed by participants at the first-ever demonstration of 5G in Viet Nam.

Vietnam is expected to export 320,000 tonnes of cashew worth US$3.3 billion this year, which represents a fall of 9.2 per cent in volume terms due to a sharp fall in harvests due to unfavourable weather.

 Deputy Prime Minister Vuong Dinh Hue early this week approved a plan to arrange enterprises under the State Capital Investment Corporation (SCIC) by 2020.

The Vietnamese consumer finance market has tremendous potential for development but its rapid growth has raised controversy over how it disadvantages and hurts people unfamiliar with it, experts noted on Wednesday.

The regulation that machines which have been used for more than 10 years will not be allowed to be imported to Vietnam is expected to affect Japanese FDI (foreign direct investment) in Vietnam.

Vietnamese Ly Hoang Nam and Chinese Sun Fajing came from behind to defeat Purcell Rhett from England and Stevenson Kelsey from Canada 23-6, 6-2, 13-11 in the quarter-finals of the China F12 Men’s Futures tennis tournament.

 Vietnamese representative Le Quang Liem pocketed his first win in the ongoing eighth Danzhou Super Chess Grandmaster in China.

 Prime Minister Nguyen Xuan Phuc’s trip to Germany and the Netherlands, from July 5-11, was a success with numerous deals between Vietnam and the two countries signed, said a Vietnamese Foreign Ministry official. 

 Virginia treasures and wants to intensify cooperation with Vietnam, especially in economics, trade, and education and training, said the US State’s Governor Terry McAuliffe.

 Commercial banks which have cut interest rates for short-term lending following the State Bank of Vietnam (SBV)’s cue might suffer a further decline in the net interest margin (NIM), experts said.

 Officials and experts have called on the Ho Chi Minh City People’s Committee to adopt smart traffic systems to reduce the congestion around Cat Lai port in district 2.

HCM City is adjusting its industrial development strategy until 2020, including removing zoning plans for delayed industrial parks and downsizing the scale of industrial complexes in a bid to speed up investment projects and lure more investment.

 The border force in the central province of Quang Tri in collaboration with police in the Lao province of Salavan captured two Lao nationals trafficking 40,000 synthetic pills on July 11.

 A ceremony was held in Hanoi on July 12 to launch the Vietnam trade information portal at http://www.vietnamtradeportal.gov.vn 

 The southern province of Dong Nai on July 12 held a ceremony to commemorate soldiers who died in Bien Hoa airport battle in 1968 and re-bury the newly-found remains of the fallen soldiers.

 The “Returning to Truong Son” cycling race, the third of its kind launched by the Quan Doi Nhan Dan (People’s Army) newspaper, will kick off in Hanoi on July 15, heard a press briefing in Hanoi on July 12.

 There is no “prohibited zone” in the inspection and execution of the Party’s disciplinary measures, stressed a conference in Hanoi on July 12.

The Vietnam National Petroleum Group and Myanmar’s HTOO Group of Companies have recently signed a deal in Hanoi, under which they will explore the possibility of jointly doing business in Myanmar.