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Hanoi parents struggle to fund children’s tuition at high-quality schools

The new tuition frame for state-owned schools has been approved by the Hanoi authorities, under which the ceiling tuition will be VND4.3 million per student per month for preschool and VND4.5 million for secondary and high school. 

Food courts move to suburbs

The food court model, popular in Singapore, Hong Kong and Thailand, is thriving in Vietnam. While many food service chains huddle together in central business districts and pay high retail rent, some new food service models are moving to the suburbs.

Students grow mushrooms on cotton waste waste

VietNamNet Bridge - RSL, a group of students from the environment faculty of Da Nang University of Technology, has successfully used cotton waste to grow mushrooms.

Inside the restaurants that serve wild animal meat

Ignoring the call to protect wildlife and the warning about punishment of wildlife traffickers, numerous restaurants and tourism sites serving wild animal meat have opened in Dak Lak province.

President Office announces six new laws

 The President Office hosted a press conference on July 12 to announce six laws that were adopted during the third plenary session of the 14th National Assembly.

Russia’s Sollers plans to assemble cars in VN

 Russian automobile maker Sollers plans to start assembling UAZ cars in Viet Nam in 2018, said Vadim Shvetsov, director general of Sollers, at the International Industrial Trade Fair INNOPROM 2017 in Russia.

Vietnam’s ministry confirms citizen death in Philippines’s Abu Sayyaf attacks

 Spokesperson for the Ministry of Foreign Affairs Le Thi Thu Hang on July 12 confirmed a Vietnamese citizen, named Tran Viet Van, was killed in the Philippines military’s attacks on the terrorist group Abu Sayyaf.

TPP negotiations continued without US

The chief negotiators from the 11 TPP countries met in Hakone, Kanagawa Prefecture, southwest of Tokyo, on July 12 to discuss how to bring the regional free trade deal into effect following the withdrawal of the United States.

PM successfully wraps up visits to Germany, Netherlands

PM Nguyen Xuan Phuc and his entourage arrived in Hanoi on July 12 morning, concluding his official working visits to Germany and attendance at the G20 Summit and to the Netherlands.

Vietnam exports over US$16 billion goods to US

 Vietnam shipped to the US US$16 billion worth of commodities in the past five months of this year, up 10% year on year while its imports from the partner reached US$3.94 billion, up 26.3%.

Quang Tri's border guards seize 40,000 pills in synthetic drug ring bust

 Border guards in the central province of Quang Tri arrested two Lao men on Tuesday (July 11) in possession of 40,000 tablets of synthetic drugs attempting to cross the border into Vietnam.

Viettel adds AAE-1 submarine optical cable system

 Military telecom group Viettel said it has spent US$50 million to connect the AAE-1 international submarine cable network with its station in the southern province of Ba Ria-Vung Tau. 

No way out for PVN’s five loss-making projects

 Solutions for solving five loss-making projects of the Vietnam Oil and Gas Group (PVN) have been proposed but none of them have been finalized.

Vietnam to attend Philippine rice tender

 Vietnam will join a tender to supply 250,000 tons of rice for the Philippines, said Huynh The Nang, chairman of the Vietnam Food Association (VFA).

Personal consumer credit becoming lucrative business

VietNamNet Bridge - FE Credit is leading the consumer finance market with $1.4 billion worth of loans provided in 2016, accounting for 48 percent of market share. 

Quang Liem suffers third draw at Super GM tournament

Vietnam’s no. 1 chess player Le Quang Liem is still looking for a win at the ongoing 8th Hainan Danzhou Super Grandmaster Chess Tournament in China, after being held to a third consecutive draw by China’s no. 2 player, Yu Yangyi.

Only 12 SOEs may equitize this year

After equitizing nearly a decade ago, Habeco is currently resolving “disputes” in its negotiations with Carlsberg Breweries A/S, while Sabeco is busy selecting a consultant on the sale of State capital.

Vietnam's inflation down sharply in Q2

 Inflation fell sharply in the second quarter of 2017, in contrast with the ongoing trend since the end of 2015, the Vietnam Center for Economic and Policy Research (VEPR) wrote in a report released on July 10.

EVN's 2016 debt ratio may exceed 70%

 The recently-released 2016 audited financial statements of Electricity of Vietnam (EVN) reveal a highly-leveraged capital structure, with a debt ratio of over 70 per cent as at December 31 and most likely even higher.  

Vietnam summons Philippine chargé d' affaires over citizen safety

 Vietnam’s Ministry of Foreign Affairs on July 11 summoned the Chargé d' affaires of the Embassy of the Philippines in Vietnam asking the Philippines to quickly address the capture of Vietnamese citizens and ensure safety for them.