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Vietnamese brands benefit from President Obama’s visit

VietNamNet Bridge - Events during US President Obama’s visit to Vietnam helped promote many domestic brands.

Vinalines’ deferred IPO deters foreign investors

The long-delayed approval of an equitisation plan for the country’s largest state-owned shipping company, Vinalines, has again been set back, leaving foreign investors languishing in an investment dilemma.

Vietnam appreciates US Senate’s vote to end catfish inspection

Vietnam highly appreciates the US Senate’s approval of a draft resolution that would repeal the US Department of Agriculture’s catfish inspection programme, said Foreign Ministry Spokesperson Le Hai Binh on May 31.

Contractors accuse construction firm of cheating

 The Song Da Joint Stock Company 11 was accused of mixing soil with concrete while laying a base for the 220kV-electric poles in Vu Ban District of northern Nam Dinh Province.

Underground karst cave collapses in Hanoi suburbs

 The development and collapse of an underground karst cave caused a depression in An Tien Commune, My Duc District in Hanoi on April 2, experts said.

South Korea paves way for Vietnamese migrant workers

 Tens of thousands of Vietnamese workers will have opportunities to work in the Republic of Korea (RoK) when the country re-opens its labour market to Vietnam from the middle of 2016.

HCM City Chairman worried about foreign investors’ dominance of retail market

HCM City People's Committee Chairman Nguyen Thanh Phong is concerned that without suitable policies, foreign investors will dominate the retail market in the country in the near future.

Without reform, Vietnam will lag behind other Asian economies

 Vietnam Report 2035 shows that the current institutions of Vietnam are facing two major problems: creating barriers for autonomous operation of the private sector, weak capacity and low accountability.

Vietnam’s only seaplane service incurs heavy losses

 VietNamNet Bridge – After fewer than two years exploring seaplane service, Hai Au (Seagull) Airlines has incurred heavy losses and faces a threat of stopping operation.

Forbes VN names top 50 local firms

  Forbes Viet Nam Magazine has named the top 50 listed companies of the year in the local stock markets.

Quy to represent Vietnam at Scottish Open

 Golfer Hoang Ngoc Quy will represent Việt Nam at the Scottish Open in July after winning the two-day Ballentine’s International Cup 2016.

Vietnam's Mai Hung second at Asian chess championship

 Vietnamese female Grandmaster Nguyen Thi Mai Hung beat Pourkashiyan Atousa of Iran in the fourth round at the Asian Individual Chess Championship in Uzbekistan.

Nguyen Tien Minh drops to No 35 in world rankings

 Top Vietnamese badminton player Nguyen Tien Minh dropped three places to World No 35 in the latest rankings, the sport’s governing body announced.

VN civil aviation authority investigates house damage

 The Civil Aviation Authority of Vietnam (CAAV) is investigating the damage caused to a local household’s roof allegedly caused by an aircraft landing at an airport in central Nghe An Province.

China’s yuan depreciation likely to harm Vietnamese firms: experts

 Vietnamese enterprises, especially those having trade links with Chinese counterparts, will suffer from the negative impacts of China’s move to devalue its yuan currency, said experts.

Old trees in Tra Vinh threatened: researchers

 Hundreds of ancient trees in Tra Vinh city, which is described as the "Green City" of the Mekong Delta region, could be at risk of death, experts warn.

Action plan executes integrated coastal zone management strategy

 The Prime Minister has signed off on an action plan for an integrated coastal zone management (ICZM) strategy in Vietnam up to 2020.

Vietnamese students talk science at Seoul conference

 The third conference of young Vietnamese scientists took place in Chung-Ang University, Seoul on May 29, attracting 100 young intellectuals and scientists from universities and research institutes across the Republic of Korea (RoK).

Australian man gets life sentence for drug trafficking

 The People’s Court of Ho Chi Minh City on May 30 gave life sentence to Jones Nathan Andrew James, an Australian national, on the charge of the illegal transportation of drugs.

Vietnam strengthens links with Italy’s communist parties

 A high-ranking Vietnamese delegation has met with Italian communist parties’ officials to cement ties between the Communist Party of Vietnam (CPV) and the Italian side.