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Foreign funds pour money into tech startups

VietNamNet Bridge - More and more technology firms are receiving investment from foreign venture funds, which indicates the maturing of the Vietnamese technology community.

What to do with 9 million tons of coal in stock?

VietNamNet Bridge - At least 9 million tons of coal are in stock because domestic demand is low, while the coal price in Vietnam is higher than in other countries.

Award-winning physics student wins full scholarship from MIT

VietNamNet Bridge - Dinh Thi Huong Thao, from Nam Dinh, has been called the ‘golden physics girl’ as she won two gold medals at the International Physics Olympiad in 2015 and 2016. 

Strong fundamentals

Mr. Sebastian Eckardt, the World Bank’s Lead Economist for Vietnam, talks about the successes and shortcomings of the new government in macroeconomic management during its first year.

VN, Laos discuss budget, public debt management decentralisation

The Vietnamese National Assembly Finance and Budget Committee and the Planning, Finance and Audit Committee of the Lao NA jointly held a conference to discuss decentralisation of state budget and public debt management on June 27.

VN takes step to own universe technology

 The Vietnam Universe Center will become a modern science and technology center of the country and top universe centers of ASEAN after project of the National Satellite Center is expected to be put into operation in 2018.

Gov’t Inspectorate to investigate asset origin of Yen Bai official

Yen Bai has proposed the Government Inspectorate to investigate the use purpose change of a land parcel for director of the provincial Department of Natural Resources and Environment Pham Sy Quy.

Vietnam wins 20 gold medals at Eastern Asian youth chess championships

Vietnam officially concluded its campaign at the second Eastern Asian Youth Chess Championships 2017 on June 25, racking up a total of 20 gold, 20 silver and 12 bronze medals across different age groups for both boys and girls.

Erosion damages five houses in HCM City

 Five houses in HCM City have fallen in a local river due to serious erosion on Tuesday, causing a total loss of hundreds of millions of VND.

Stock market remains in ‘frontier’ index, still not classified as ‘emerging’

Vietnam has not been upgraded to emerging stock market as expected because of the problems relating to the forex market and limited foreign ownership in Vietnamese companies.

US initiates anti-dumping investigation on VN’s polyester

The US Department of Commerce last week announced the initiation of anti-dumping and countervailing duty investigations on the import of fine denier polyester staple fibre from China, India, Republic of Korea, Taiwan and Vietnam.

VN’s women team rise in world rankings

Vietnam’s women’s football team moved up one place from No 33 to 32 in the world ranking for the second quarter of 2017.

Vietnam rank eighth at world chess event

 Vietnam team ranked eighth at the FIDE World Women’s Team Championship, which wrapped up in Khanty-Mansiysk, Russia, on June 26.

Interest rates for different terms forecast to drop 0.5-1 percent

Interest rates for different terms from now to the end of 2017 are likely to decline by 0.5–1 percent from 2016 thanks to positive signals from the stock and property markets.

More than 100 paragliders fly over Da Nang sea

More than 100 paragliders from around the world took part in a paragliding festival at TienSa Beach in the central coastal city of Danang on June 23-25.

Foreign fast food chains show underwhelming performance in Vietnam

 Most foreign fast food chains in Vietnam have failed to realise their initial expansion plans made upon entering the market. Recently, some have suggested that international brands have failed to defeat local Vietnamese food stalls.

Diplomat: Vietnam wants to deepen cooperation with Guyana

 The Government and people of Vietnam want to strengthen and deepen traditional friendship and cooperation with the Cooperative Republic of Guyana, said Vietnamese Ambassador to Guyana Do Ba Khoa.

National warrant issued to former general director of PVTEX

The Ministry of Public Security’s Investigation Police Agency on June 26 issued a national warrant for Vu Dinh Duy, former General Director of PVTEX, for alleged crimes related to economic management.

Experts: Vietnam among Russia’s top three partners in Asia

 The Russian Academy of Sciences (RAS)’ Far East Division held a press conference and a roundtable discussion on Vietnam-Russia relations in Moscow on June 26.

50 “hidden” dollar millionaires in Vietnam fear the public eye

VietNamNet Bridge - The majority of young millionaires want to stay hidden for fear they may meet problems if they become famous.