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Blacklisted Chinese contractors continue to undertake important projects

VietNamNet Bridge - Contractors fulfilling transport infrastructure projects are mostly from South Korea and China, according to a report released by the Ministry of Transport (MOT).

Ben Tre-born student turns coir into hats

Freshman Nguyen Phuc Sang of the Ho Chi Minh city University of Economics and Finance has recently introduced hats made from coir, which are cheap and environmentally-friendly.

Life insurance industry sees increasing M&A activity

 As an attractive industry in Vietnam, the life insurance market is luring a wide range of international investors.

VNPT to deploy AAE-1 submarine cable

 Vietnam’s international connectivity will be improved once the Vietnam Posts and Telecommunications Group (VNPT)’s internet service via the Asia-Africa-Europe-1 (AAE-1) is offered in July.

Young badminton players improve world rankings

 Two young Vietnamese badminton players Nguyen Thuy Linh and Pham Cao Cuong have leapt up the latest Badminton World Federation rankings.

Rain-triggered floods, landslides kill six in Ha Giang

 Floods and landslides triggered by torrential rains since June 19 have killed six persons in the northern mountainous province of Ha Giang. 

UPCoM tightens control over listed companies

A new set of regulations will be imposed on companies either looking to be or already listed on the Hanoi Stock Exchange’s Unlisted Public Company Market.

Parents urged to give kids a summer break

Many parents in Hanoi have forced their children to take on extra classes to revise and prepare for the coming academic year in spite of the city’s ban on additional schooling in June and July.

$266 million to upgrade airport infrastructure

 The Airports Corporation of Vietnam (ACV) has plan​s to carry out six infrastructure projects with total investment of 6.05 trillion VND (266.2 million USD) in 2017.

Two new thermal power plants licensed

The Ministry of Planning and Investment has licensed two thermo-electric plants in the northern province of Nam Dinh and Thanh Hoa province in the central region. 

Local athletes gear up for SEA Games

 Vietnam will send more than 470 athletes to compete at the 29th Southeast Asian (SEA) Games in Malaysia in August.

Sacombank board names new chairman

 Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)’s annual shareholder meeting on June 30 officially appointed Duong Cong Minh as the new chairman for tenure 2017 – 2021.

VNPT ahead in broadband users

 The Vietnam Posts and Telecommunications Group (VNPT) has the largest number of broadband subscribers in Vietnam, said VNPT Deputy General Director Nguyen Truong Giang.

Stranded foreign ship towed ashore

A foreign vessel stranded in the waters off the central province of Binh Thuan has been towed ashore, according to the Office of the provincial Steering Committee for Natural Disaster Prevention and Control on July 2. 

Hue students discover material which can replace plastic bags

VietNamNet Bridge - Accidentally discovering that the finest flour can create a thin film with tensile strength, two female students from Hue City flattened starch into film to make biodegradable bags.

Who will benefit from the new bad-debt settlement resolution?

VietNamNet Bridge - The National Assembly has approved a resolution on dealing with bad debt, a move expected to help remove the ‘blood clot’ causing congestion to the national economy.

Hue student invents tool to calculate GPA

VietNamNet Bridge - Pham Nhu Ngoc Tuan, a student from the Hue City University of Science, has reaped big success in the information technology (IT) field.

Tourism sector faces pressure from growth targets

VietNamNet Bridge - To fulfill the GDP growth plan in 2017, the tourism sector needs to attract 13-15 million foreign travelers this year, or 3-5 million more than the last year. 

Vietnam, Brazil hold political consultation

 A delegation from the Ministry of Foreign Affairs led by Deputy Minister Ha Kim Ngoc visited Brazil and participated in the fourth political consultation at the deputy foreign minister level between the two countries on June 29-30.

Lao National Assembly Chairwoman to visit Vietnam

 A high-ranking delegation of the Lao Party, State, and National Assembly led by NA Chairwoman Pany Yathotou will pay a visit to Vietnam from July 3-8.