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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. 

Tra fish firms form fund to cope with PR crisis

Twenty leading tra fish exporters in Vietnam have decided to jointly establish a market development fund to cope with the PR crisis in the EU that has negatively affected Vietnam’s tra fish sales there this year.

Affordable homes lead HCM City realty market

 The affordable home segment has made up the largest proportion of the housing market this year, according to a report of the HCMC Real Estate Association.

Binh Son Refinery's IPO set for November 7

 Vietnam’s sole oil refinery operator, Binh Son Refinery (BSR), has announced it will hold its initial public offering (IPO) on November 7, with a starting price of VND10,000 ($0.44) per share.

Hanoi attempts to manage app-car services like taxis

 Hanoi will manage the operation of app-based taxi service, including Uber and Grab, in a way similar to traditional taxis to guarantee a fair business environment.

Shock horror at bureaucratic excess

 Good advice is hard to come by and common tropes regurgitated as advice can often be little help, so one advisory department in the capital is firmly eschewing the credo ‘double the trouble’.

You’re really going to dig this

Most burglary in Vietnam is performed with basic tools and little planning, wham, bam thank-you ma’am stuff. But a gang of thieves from the northern province of Bac Giang went above and beyond to fulfill their nefarious goals.

HCM City needs $5.6b for projects

 HCM City is seeking more than VNĐ128 trillion (US$5.63 billion) in investment between now and 2020 for socio-economic development, according to the city’s Department of Planning and Investment.

Sun Group to launch luxury resort in Ha Long this weekend

Sun Group, one of Vietnam’s largest resort estate developers, is opening its luxury resort complex Sun Premier Village Ha Long Bay at a grand ceremony held in Wyndham Legend Halong Hotel, Quang Ninh Province on July 1.

Banks circumventing rules on real estate loans

 Relevant authorities should further monitor consumer lending as real estate loans were hidden in consumer loans, experts told Viet Nam Television.

Phu Yen's dam at risk of breaking

A dam of the La Bach reservoir in central Phu Yen Province’s Song Hinh District is at risk of breaking as a large amount of water has permeated through a large area of its downstream surface.

Heat wave forecast in the north, followed by rain

 A heat wave engulfed the North on Monday, with temperatures rising by one to two degrees Celsius, according to the National Centre for Hydrometeorological Forecasting.

14th NA's third session passes 12 laws,12 resolutions

 14th NA's third session passes 12 laws,12 resolutions

Ministry mulls auto industry protection

 The Ministry of Industry and Trade is crafting a new strategy to protect the auto industry with tax policies at its centre, Sai Gon Times Weekly reported.

UN team assesses Vietnam’s readiness for peacekeeping activities

A UN delegation is making an assessment and advisory visit to the Vietnam Peacekeeping Centre from June 26-30 to examine the country’s military medicine and engineering capacity for peacekeeping.