HCMC will have to search for more capital from the private sector as its budget can only meet 20% of the demand which is estimated at VND850 trillion (US$37.5 billion) in the 2016-2020 period, said the city government leader.

 Airlines have also been feeling the pinch of the rising overload at Tan Son Nhat International Airport in HCMC.

Several experts assert that it is feasible to build a third runway at Tan Son Nhat International Airport to increase its capacity by a half, following the Prime Minister’s instruction for relevant agencies to make a study in this regard. 

VietNamNet Bridge - $10.2 billion is the total value of US foreign direct investment (FDI) in Vietnam, but the figure does not represent everything the US contributes.  

A Vietnamese representative has again stressed the important role of the UNCLOS as the Constitution of the seas and oceans which provides a comprehensive and sound legal framework for all activities carried out in the seas and oceans.

 Vietnam Airlines (VNA) will spend over VND2.11 trillion ($95.9 million) on purchasing ten Airbus A350-900XWB and 8 Boeing B787-9 aircraft this year.

Petronas Dagangan Bhd, whose deal to sell its Vietnam-based unit Thang Long LPG Company Ltd to Totalgaz Vietnam LLC fell through in January this year, has sold the LPGbottler and jetty owner to Noi Thuong Bac JSC.

 Some 81.4 per cent of 4G consumers have discussed Viettel’s 4G on social media, according to Buzzmetrics’ 4G Market Overview report, which analyzed the opinions of consumers on social media from November 1, 2016 to April 30, 2017.

 The increasing interest rates on house buying and housing repair loans at commercial banks raise worries about the liquidity of the Vietnamese economy.

Bibica Corporation may see the end of conflicts between its two big shareholders, PAN Food and Lotte Confectionery, as the former is forecasted to purchase more shares and take the helm of Bibica’s board of directors.

 Vietnam’s first 7-Eleven convenience store opened in HCM City on June 15, attracting thousands of customers.

 The 14th National Assembly wrapped up its second Q&A session of this tenure after three working days in Hanoi on June 15. 

 The People’s Court of northern Phu Tho province on June 15 sentenced three men to death and another to life in jail for trafficking 300 heroin bricks in the province’s largest-ever narcotics case in terms of drug quantity.

Cities and provinces around Vietnam will have new telephone area codes from June 17.

 The Ministry of Health has urged people to take actions to prevent dengue fever amid increasing infections nationwide.

 The Investment and Industrial Development Corporation (Becamex IDC) will offer a 25 per cent stake or 329.25 million shares to strategic investors at the upcoming initial public offering (IPO).

 FPT Corporation has reportedly sold its distribution business FPT Trading to US-headquartered Synnex Corp, retail sources told zing.vn.

 The head of the Civil Aviation Authority of Viet Nam (CAAV), Lai Xuan Thanh, denied on Thursday that his agency had rejected an operating application from Viet Bamboo Airways Company.

 The north and the northern part of central region is likely to see rainstorms of varying degrees this weekend, the weather office says.

 Vietnam pocketed a silver medal at the 23rd Southeast Asia Junior & Cadet Table Tennis Championships in Singapore.