The Vietnam Dairy Products Joint Stock Company (Vinamilk) has fully removed the foreign ownership limit on its shares following approval from the company’s annual general meeting (AGM) in May. The cap was previously 49 per cent.

 The PM this morning asked Deputy PM Vuong Dinh Hue and Minister of Finance Dinh Tien Dung to prepare a plan for the compensation of US$500 million received from Formosa.

The UK continues to work with Vietnam to increase trade and investment between the two countries after the British vote to leave the EU, said Lesley Craig, Charge d’Affairs of the British Embassy in Vietnam.

 Provinces in the Mekong Delta and Ho Chi Minh City introduced 69 key projects to invite investors at a conference on investment, trade and tourism promotion in HCMC this morning.

The Vietnam Azalea Fund, managed by Mekong Capital, will divest nearly half of its stake in the Ho Chi Minh City-headquartered Phu Nhuan Jewelry Joint Stock Company (PNJ) via negotiations.

 Thanks to cloud computing, Vietnamese executives can manage their companies from anywhere using Microsoft’s reasonably priced software.

 Thirty local fishermen entered pleas of guilty to charges of illegal fishing in a Darwin, Australia court on June 28, handed down suspended sentences and released on good behaviour bonds.

 There is a firm basis for ASEAN helping settle disputes involving several of its member states and China in the East Sea, said Singaporean Defence Minister Ng Eng Hen.

VietNamNet Bridge - A debate has been raised about Article No 292 of the 2015 Criminal Code, to take effect on July 1, on illegally providing services on computer and telecommunication networks. 

 As many as 1,467 fires have occurred in HCM City since 2014, leaving 25 dead and 76 injured, according to information released at a meeting reviewing the city’s fire and explosion prevention and control.

Ha Tinh, Quang Binh, Quang Tri and Thua Thien-Hue which have been affected by the recent mass fish deaths have been employing multiple drastic solutions to help locals stabilise their lives.

 Party General Secretary Nguyen Phu Trong has asked for the swift completion of investigations over a corruption case in the Vietnam Construction Bank (VNCB) so it will be put on trial soon.

 The effective cooperation between the Presidential Offices of Laos and Vietnam has contributed to bolstering the long-standing friendship, special solidarity and comprehensive cooperation between the two countries, said President Tran Dai Quang.

VietNamNet Bridge - Japanese enterprises have been step by step closing their factories in the south of China and moving to Vietnam.

VietNamNet Bridge - Apple SIM is considered a technological breakthrough, but it could be an obstacle to mobile network operators’ business.

VietNamNet Bridge - A series of huge projects developed by economic groups belonging to the Ministry of Industry and Trade (MOIT) have reported losses worth trillions of dong of the state’s money. 

VietNamNet Bridge - Hanoi needs investment to apply new comprehensive measures to sort waste at source, organize waste collection, and treat waste with modern technologies.

 Duo Do Tuan Duc and Pham Nhu Thao advanced to the second round of the Yonex Canada Open, the badminton tournament which began in Calgary City on June 29.

 Hoang Quy Phuoc and Tran Duy Khoi pocketed two silvers at an open swimming tournament in Budapest, Hungary, on June 29.

PM Nguyen Xuan Phuc urged ministries and sectors to ensure the progress of building legal documents as well as their quality.