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Vietnamese ‘million-dollar Mayor’ in the US expands business

VietNamNet Bridge - Pham Dinh Nguyen, the ‘million-dollar Mayor’, has been taking slow and firm steps in his business after buying the town of  Buford in the US.

Earning a living at Hanoi landfill at night

VietNamNet Bridge – At 3am every day, hundreds of people gather at Nam Son landfill in Soc Son district, Hanoi to search for scrap and other items that can be sold.

Foreign coffee, fast food retreat from Vietnam

On July 20 New York Dessert Coffee bid goodbye to Vietnamese customers via Facebook and promised to "come back someday."

TPP will protect VN workers’ rights: experts

Vietnam’s engagement in the Trans-Pacific Partnership (TPP) will better protect its workers by addressing issues relating to strikes, said an expert.

Vinacafe’s scandal is hot discussion on social media

VietNamNet Bridge - Vinacafe has admitted that it made "coffee mixed with soybeans" and vowed never to do it again. How will the public react?

Vietnam needs master plan for water sources: expert

VietNamNet Bridge - The rainy season has begun and the serious drought in Mekong Delta is finally over. However, Vietnam will still face water shortages and saline intrusion in the long term. 

Landline phone use drops dramatically in Vietnam

VietNamNet Bridge - Fixed-line phones are no longer used by most Vietnamese families, while the Vietnam Post and Telecommunication Group (VNPT) is alone in the path, incurring a loss of trillions of dong. 

Universities still searching for more students

VietNamNet Bridge - Hundreds of universities are continuing to seek students to fulfill enrollment goals. 

MOF proposes tax reduction to rescue SMEs

VietNamNet Bridge - The Ministry of Finance (MOF) has submitted to the government a plan to lower the corporate income tax (CIT) rate to 17 percent for small and medium sized enterprises (SMEs).

Mekong aims to attract more farm tech

The Mekong Delta has great demand for advanced technologies to improve its agricultural production and farm and seafood processing for exports, and is seeking to tie up with countries with technological strengths.

Vietnam considers buying electricity from Laos to ease reliance on China

VietNamNet Bridge - Vietnam may import electricity from Laos to minimize the risks from relying on Chinese imports and to offset supply shortages caused by cutting off power sources which pollute the environment.

Hanoi bans apartments from being used as offices - again

According to the laws on housing, all business activities must be moved out of residential apartments by June 30 but the local authorities of Hanoi are still struggling to implement the laws.

Thai firm to sell more Vietnam goods in Thailand

 Thailand’s TCC Holding has unveiled a major plan to buy more Vietnamese farm produce and seafood for sale at supermarkets of Big C Thailand in the coming time.

Car sales forecasted to surpass Malaysia

 Automobile firms have been rushing to boost productions in Vietnam to prepare for a boom in the local market which is forecast to soon surpass Malaysia and Singapore.

Too many meetings kill crops: minister

"The dying crops cannot wait for meetings and discussions on how to save them, they need you to be more flexible and take quicker action," Minister-Chairman of the Government Office Mai Tien Dung said


Exports down, revenue shrinks

Vietnam’s export growth rate was modest at 5.7 percent in the first half of 2016, the lowest in the last five years. This has raised concerns that the 6.7 percent GDP growth rate may be unattainable, while state budget revenue will shrink.

Saigon’s century-old trees grow inside houses

VietNamNet Bridge – In HCM City, many parts of ancient trees are located in private houses. Local people do not chop down the trees but live with them. However, the tree roots have caused cracks on the wall and affected the foundation.

National Assembly to consider TPP in October

 The National Assembly (NA) is reviewing and completing legal procedures that best suit the content of the TPP and will consider ratifying it shortly, NA Deputy Chairman Phung Quoc Hien has said.

PetroVietnam anticipates it will have to cover Nghi Son losses

VietNamNet Bridge - The national oil & gas group PetroVietnam may have to spend more than $2 billion, or VND40 trillion, to cover losses from the Nghi Son petrochemistry and refinery complex. 

Vietnam, Singapore have potential to enhance cooperation

 Foreign Minister of Singapore Dr Vivian Balakrishnan has stated that Singapore and Vietnam have potential to step up their cooperation.