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GDP growth target in doubt, inflation rate higher than predicted

VietNamNet Bridge - Economists have warned that Vietnam may fail to reach a 6.7 percent GDP (gross domestic product) growth rate this year, and the inflation rate may exceed 5 percent.

11th ASEM Summit winds up, stating resolve to up Asia-Europe ties

The 11th ASEM Summit wrapped up in Ulan Bator, Mongolia, on July 16 with the approval of the Chair’s Statement and the Ulan Bator Declaration, stating ASEM leaders’ resolve to strengthen Asia-Europe partnership for the future through connectivity.

Indian leather industry eyes huge Vietnamese market

 Indian leather and footwear businesses have only recently discovered Viet Nam is a huge market while their Vietnamese counterparts import massive quantities of leather but little from India.

Vietnam’s beauty industry is lucrative market

VietNamNet Bridge - With tax reductions for beauty industry products included in free trade agreements (FTAs), Vietnam is seen as a promising market for cosmetics firms and foreign suppliers of beauty-care machines and equipment.

Management recruitment needs soar in Q2

 Recruitment demand for mid-level and senior managers in the second quarter increased 38 per cent compared to the first quarter, according to Navigos Search’s latest report based on requests from clients.

Vietnam moves to protect citizens in Turkey

 Deputy Prime Minister and Foreign Minister Pham Binh Minh has requested Vietnam’s representative agency in Turkey take actions to ensure absolute safety for Vietnamese nationals in the country.

Vietnam might miss economic growth target

VN probably will not fulfill the Government's target of 6.7 percent set for the full year, given uncertainties in the global economy such as Brexit's impact and the Fed's rate hikes coupled with a slowdown in domestic industrial production.

Tougher punishments needed to ensure food safety in Vietnam

 Experts and officials discussed about measures to curb low-quality and unhygienic food at the conference about safe agriculture products on July 15.

Football bureaucrats plan European junket

 The Vietnam Professional Football Company (VPF) intendeds another fact-finding ‘study-trip’ to Europe as part of research to improve the Vietnamese football environment, despite the scant results of previous trips.

European enterprises in Vietnam upbeat

 EuroCham released the results of its Business Climate Index (BCI) for Quarter 2, 2016 on July 14, revealing positive sentiment among EuroCham members about Vietnam’s business environment, with an index of 77.

Ministry of Health recalls more Indian medicine

Two lots of antibiotics manufactured in India are being recalled for not meeting quality standards, according to documents recently issued by the Department of Drug Management under the Ministry of Health.

VN urged to reduce raw mineral exports as natural resources decline

VietNamNet Bridge - The industrial production value growth in the first six months of the year slowed largely because of a decline in the mining industry.

I want a fishing boat crew: father of 14

 Nguyen Do, a 57-year-old man of central Quang Binh Province and the father of 14 children, said he wanted many children so he would not need to hire extra labour when he owned a fishing boat.

4G to be licensed in Vietnam in the third quarter 2016

 Minister of Information and Communications Truong Minh Tuan urged enterprises to send recent reports on 4G testing results as the Government had policies to accelerate the licensing for 4G this year.

Local banks report higher profits in H1

  Some banks have reported good business performance results in the first half of the year thanks to high credit growth.

Vietnam fights human trafficking

Human trafficking is serious, complicated, and has been reported in all 63 provinces and cities across the country, said major-general Nguyen Phong Hoa, deputy director of the General Department of Police under the Ministry of Public Security.

National anti-corruption fight encounters obstacle

 Only 17 officials have been found to have cheated in their declaration of assets according to the Government Inspectorate at the meeting reviewing 10 years of anti-corruption law implementation on July 12.

Rains provide relief to Mekong Delta's parched wetlands

 Recent rains have eased droughts affecting biological diversity at two protected sites: the Lang Sen Wetland Reserve and Tram Chim National Park in the Mekong Delta provinces of Long An and Dong Thap.

The owners of golden land in Saigon

VietNamNet Bridge – The plots of land at prime locations in HCM City, dubbed “golden land”, are currently owned by several big corporations gained through merger and acquisition deals or land auctions.

Sanna Khanh Hoa FC wins first match at AFC champs

 Vietnam’s Sanna Khanh Hoa FC opened the Asian Football Confederation Futsal Club Championship in style by claiming a comfortable 3-0 victory over Taipower FC yesterday in Bangkok, Thailand.