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Southeast Asia’s longest cross-sea bridge close to completion

 Tan Vu-Lach Huyen bridge, the to-be longest cross-sea bridge in Southeast Asia, will undergo a test run to check loading capacity on May 14.

Transfer pricing: the dark side of FDI

VietNamNet Bridge - Transfer pricing has been a serious problem in Vietnam, more so than in other economies. 

Hollywood director inspires RMIT students

 Jordan Vogt-Roberts, director of the movie “Kong: Skull Island” with some scenes filmed in Vietnam, on Monday had an inspiring talk with students on the Hanoi campus of RMIT International University Vietnam (RMIT Vietnam) upon arrival in the capital.

APEC science prize 2017 awarded in Hanoi

 An award ceremony for the APEC Science Prize for Innovation, Research and Education (ASPIRE 2017) was held in Hanoi on May 11.

EU trade agreement promotes changes at industrial parks

 The EU-Vietnam Free Trade Agreement (EVFTA) will help Vietnam become the regional hub of many foreign manufacturing companies, boosting the development of industrial zones in the country.

Vietnam's sole oil refinery gears up for IPO

The Binh Son Refining and Petro Chemical Co. (BSR), the operator of Dung Quat Oil Refinery, has invited 15 domestic and foreign investors to become the company’s strategic partners.

PM addresses World Economic Forum on ASEAN

 Prime Minister Nguyen Xuan Phuc attended the 26th World Economic Forum on ASEAN (WEF ASEAN) in Phnom Penh on May 11, the Vietnam News Agency reports.

Macadamia growers warn against relying on Chinese market

Chinese enterprises want to buy Vietnam’s macadamia nuts in large quantity, but economists have advised Vietnamese enterprises to remain cautious when doing business with China.

Only 4.9 percent of workers spend unemployment benefits on vocational course

 Vietnamese workers pay little attention to improving their skills, a concern as the country is entering the Industrial Revolution 4.0, said Vice President of the Vietnam General Confederation of Labour Mai Duc Chinh on May 11.

VN Railway Corporation proposes $308 mln in fund for railway renovation

The Vietnam Railway Corporation has asked the Ministry of Transport for VND7 trillion ($308.2 million) in Government bonds to renovate the Hanoi – HCM City rail system from 2017 – 2020.

Team MTA Racer wins first self-driving technology contest

 Team MTA Racer from the Military Technical Academy overcame seven teams to win first prize at FPT’s Digital Race contest, held at Cau Giay Stadium on Wednesday.

Da Nang to host Intl Start-up Conference and Exhibition

 More than 1,000 participants including local and foreign investors, start-up businesses and investment funds will attend the second International Start-up Conference and Exhibition in Da Nang on July 21-22.

VN Gov’t green lights $2.5b thermal plant

 POSCO Energy Co has been received in-principal approval from the Government to develop a thermal power plant that will cost approximately US$2.5 billion in central Nghe An Province.

President attends Vietnam-China economic, trade cooperation seminar

Vietnam attaches great importance to and prioritises economic, trade and investment ties with China, stated President Tran Dai Quang at a seminar in Beijing on May 12.

More banks to repurchase bad debts from VAMC

 After a period of actively selling non-performing loans to the Viet Nam Asset Management Company (VAMC), banks are buying back the debts from the VAMC to self-handle.

Vietnam retail on cusp of change

 The Vietnamese retail industry is on the cusp of great change, experts say.

Building material market stable: gov’t

 The domestic building material market was stable in the first four months of the year and continued to meet demand, said the Ministry of Construction.

Action plan on primate conservation adopted

 The Prime Minister has recently approved an action plan to conserve primates in Vietnam until 2025 with a vision to 2030. 

Vietnamese grandmaster wins second gold at Asian U20 chess champs

 Tran Tuan Minh grabbed his second gold medal at the Asian Junior U20 Chess Championships, which closed in Iran on May 10.

Vietnamese President’s first day in China

 President Tran Dai Quang’s visit to China on May 11-15 takes place amidst the two countries’ growing relations in multiple fields.