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Foreign investor to join financial center project in HCM City

 HCMC will cooperate with a global financial group to build large financial centers in a move to attract foreign investment capital into key projects in the city, said city vice chairman Tran Vinh Tuyen.

Indonesia emerges as Vietnam’s largest auto exporter

  Indonesia overtook Thailand as Vietnam’s biggest exporter of cars under nine seats in May, said the General Department of Vietnam Customs.

Ministry mulls new taxes for auto industry protection

 The Ministry of Industry and Trade is mapping out a new strategy for the auto industry, with highlights including an exemption of special consumption tax for local content of autos, and raising tax rates on pickups to levels now applicable to sedans.

More storms and tropical depressions forecasted to form in the East Sea

Due to the El Niño-Southern Oscillation phenomenon, about 13-15 storms and tropical depressions are forecasted to arrive in the East Sea this year, according to the National Centre for Hydro-meteorological Forecasting.

HCM City to call for PPP investment in 130 projects

 Ho Chi Minh City will call for investment in 130 projects in the public-private partnership (PPP) model, worth over VND380 trillion (US$16.72 billion) amid local budget limitations.

Novaland added to FTSE Vietnam Index

 Six months since its debut on the country’s major stock exchange, Novaland has been added to the FTSE Vietnam Index, the underlying index for db x-trackers FTSE Vietnam UCITS ETF, run by Deutsche Bank, in the index’s second quarterly review of 2017.

Earning respect

The latest F88 pawn store opened on Hanoi’s Hoang Hoa Tham Street on April 26, bringing the startup’s store numbers to 50 in five cities and provinces in Vietnam: Hanoi, Hai Phong, Bac Ninh, Thanh Hoa, and Bac Giang.

Vietnam Airlines completes 2016 business plan

 National carrier Vietnam Airlines said it had achieved the business target set by its shareholder last year.

Three SEZs expected to attract more investors

Minister of Planning and Investment Nguyen Chi Dung said the plan on setting up three special economic zones (SEZs) would be submitted to the National Assembly for approval by the end of the year.

Fencers to compete in Asian champs

 Vietnam will compete at the Asian Fencing Championships, which will kick off in Hong Kong on June 15.

Vietnam's Cao Ngoc Ha ranked in top 10 of Asia Trail Masters

 Cao Ngoc Ha, a Vietnamese amateur runner, has entered the top 10 of the Asia Trail Master Championship by winning the Vietnam Jungle Marathon (VJM) held in Pu Luong Nature Reserve in the central province of Thanh Hoa held from May 26-28.

Vietnamese athletes win three golds at Thailand Open

 Vietnamese athletes won three gold medals on the third day of competition at the Thailand Open Track and Field Championship on June 14 in Bangkok.

Preserving ethnic groups’ tradition culture – urgent task: minister

The Ministry of Culture, Sports and Tourism always considers the management, preservation and promotion of traditional culture of ethnic minority groups one of urgent, strategic and long-term tasks.

Vietnam honours 100 outstanding blood donors

 Some 100 outstanding Vietnamese blood donors were honoured in an event to celebrate World Blood Donor Day on June 14 in Hanoi. 

Voters satisfied with ministers’ frank response at Q&A session

 Voters have expressed their satisfaction with frank answers from ministers during the National Assembly’s question and answer session in Hanoi on June 14.  

Ministry drops ball on draft car recall decree

 A draft decree on auto manufacturing, assembling, importing, and maintenance and warranty business recently publicised by the Ministry of Industry and Trade (MoIT) is concerning industry insiders.

As highlands pepper prices fall, farmers hold out

Over the last ten days, pepper prices have fallen from an already low $3.65 to $3.21 per kilogramme, but pepper farmers in the Central Highlands continue to hold out for higher prices.

U15 int’l football tournament kicks off in Da Nang

 The 2017 U15 International Football Challenge Cup funded by the Thieu Nien Tien Phong Plastic JSC kicked off in the central city of Da Nang from June 14 with four teams from Vietnam, Taiwan (China), Myanmar, and Indonesia competing.

Over 1,000 athletes, coaches compete in 18th National Para Games

  The 18th National Para Games opened in HCM City on June 14, bringing together more than 1,000 athletes and coaches across the country.

Cuban top legislator visits Son La province

 Chairman of the Cuban National Assembly Esteban Lazo Hernandez visited the northern mountainous province of Son La on June 14 as part of his official visit to Vietnam.