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VN State offloads shares in 16 IPOs, raises $90 million

 The State offloaded 147.7 million shares worth US$89.7 million in State-owned companies in 16 initial public offering auctions during the first quarter of this year, the Ha Noi Stock Exchange reported yesterday.

Deputy PM Nguyen Xuan Phuc nominated for PM position

 On April 6, President Tran Dai Quang submitted a nomination list for the new Prime Minister to the National Assembly and Deputy PM Nguyen Xuan Phuc was nominated for the post of the new Prime Minister to replace PM Nguyen Tan Dung.

National Assembly passes draft laws

 A number of draft laws sailed through the 11th meeting of the 13th National Assembly in Hanoi on April 6 with the majority of votes in favour.

Lawmakers agree to relieve Prime Minister of post

 As many as 418 lawmakers, or 81.63 percent of the total, agreed to relieve Prime Minister Nguyen Tan Dung​ of his post during the 13th National Assembly’s 11th session in Hanoi on April 6.

Vietnam Airlines to sell two Boeings 777

 VietNamNet Bridge – Two Boeing 777-200ER of Vietnam Airlines will be sold. The airline will also lease three Airbus A350, scheduled for delivery from 2016 to 2017.

Hanoi to have eight bus rapid transit routes

 VietNamNet Bridge - The Prime Minister has approved the planning of transportation in Hanoi to 2030, with a vision to 2050. From now to 2020, bus transport will be the major part of public transport systems in Hanoi.

State Bank of Vietnam to issue VND100 banknotes as souvenirs

 VietNamNet Bridge – The State Bank of Vietnam (SBV) has announced that it will release the VND100 banknote as souvenirs to commemorate SBV’s 65th anniversary (6/5/1951 - 6/5/2016).

Nha Trang city resolute to clear beggars from streets

 The central province of Khanh Hoa’s Nha Trang city will splash out VND7.7 billion ($343,370 USD) on implementing a project to rid the streets of beggars by 2020, aiming to build a civilised and hospitable tourism environment.

Vietnam rank eighth in chess at Asian National Cup

 Vietnam beat Sri Lanka 4-0 in the eighth round of the open category during the Asian National Cup chess tournament in the United Arab Emirates on April 4.

No restrictions to travel HCM City, Khanh Hoa after Zika cases

 The Ministry of Culture, Sports and tourism has asked local authorities and enterprises to strictly monitor the development of Zika virus and inform travelers about current health issues.

Around 66,000 students sit for senior high school graduation exam in HCM City

 In the upcoming national graduation examination for twelve graders in HCMC, 66,000 students have registered to partake in.

Hundreds of million USD fuel plants face closure

The national oil and gas group PetroVietnam, which has insisted on building biofuel plants as part of a biofuel development strategy, has halted the operation of the Dung Quat bio-ethanol plant.

Government announces action plan on overseas Vietnamese

 The Government announced an action plan to promote the implementation of the ninth Politburo’s Resolution No. 36-NQ/TW on overseas Vietnamese from 2016 to 2020.

Drug trafficker caught with 3.5kg of heroin at Vietnamese-Lao border

 Anti-drug police in the northwestern mountainous province of Dien Bien on April 5 arrested a drug trafficker carrying about 3.5 kilogrammes of heroin.

Five more Vietnamese officers to join UN peacekeeping operations

 Five Vietnamese officers will be sent to the Central African Republic and South Sudan to perform UN peacekeeping missions under a decision by the President.

Quang Liem wins Final Four of College Chess with Webster University

 Vietnamese grandmaster Le Quang Liem performed brilliantly as captain, leading the Webster University team to overall victory at the 2016 Final Four of College Chess that took place in New York on April 2-3. 

Russian universities step on gas to attract Vietnamese students

  A group of prestigious Russian universities have visited Vietnam to seek cooperation opportunities amidst a rising trend of studying overseas amongst young Vietnamese people.

Russia’s $1 billion automobile complex revoked

The Nhon Hoi Economic Zone Management Board has just revoked the investment certificate of Russian investor Bus Industrial Center Ltd’s $1 billion complex to produce buses, cars and agricultural equipment due to its long delay in implementation.

Keppel Land’s subsidiary exits Vietnamese joint venture

Singaporean developer Keppel Land Ltd’s subsidiary, Palmsville Investment Pte Ltd, has sold the 70 per cent stake it had in the joint venture Quang Ba Royal Park Joint Venture Company Ltd to BRG Group Joint Stock Company.

Vietnam ready to deal with Zika virus, says Health Minister

 The Health Ministry had a working session with the People’s Committee of Ho Chi Minh City on addressing the spread of Zika virus on April 5 in the city.