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HCM City building management board head arrested for deadly fire

 Head of the Carina Plaza Building management board, Nguyen Quoc Tuan, has just been arrested and prosecuted for violating fire regulations.

Vietnamobile subscribers to lose 1 digit in their phone numbers

 Vietnamobile Telecommunications JSC (Vietnamobile) has announced it is reducing its subscribers’ phone numbers from 11 digits to 10 by changing two of the prefixes from September 15.

Curbing interest, inflation rate: difficult question for VN Central Bank

The government of Vietnam wants to keep the interest rate low and stable in order to encourage economic sectors to expand business, thus helping economic growth.

VN Central Bank makes net withdrawal of $2.55 billion

 Liquidity in the banking system has improved in the past week, pushing the State Bank of Viet Nam to make a net withdrawal of VND60 trillion (US$2.55 billion).

Product chains key for exports

 Viet Nam should build product chains to help increase goods’ value and cut out middle men to improve competitiveness.

Vietnam’s GDP projected to grow 6.83% in 2018

 Viet Nam’s gross domestic product (GDP) is expected to grow 6.83 per cent in 2018, almost unchanged from 6.8 per cent over the same period last year.

Economy shows signs of losing momentum: expert

 Vietnam’s economy grew at a fast pace in the first half of 2018 compared to the previous years, but there are indications that it is losing momentum – a problem not only in the last half of the year but also in 2019 and 2020.

Experts optimistic on Vietnam’s M&A scene

 Mergers and acquisitions (M&A) have become a popular investment channel and a crucial factor in restructuring companies to improve their efficiency and competitiveness and that of the economy, a conference heard in Ho Chi Minh City on August 8.

Scientist honoured for his contributions to marine research

Associate Prof Dr Nguyen Chu Hoi is the only Vietnamese among 70 scientists honoured at the 2012 Global Ocean Forum for contributions to sustainable development of the world's oceans.

President Ho Chi Minh Mausoleum reopens from August 16

The President Ho Chi Minh Mausoleum in Hanoi will reopen for visitors from August 16 after the temporary closure for annual maintenance and renovation in 2018, according to the mausoleum’s Management Board.

Secondary surveillance radar station to be built in Ca Mau

 The Vietnam Air Traffic Management Corporation (VATM) has announced that it will begin construction on the secondary surveillance radar station, the second of its kind, in the southernmost province of Ca Mau on August 9. 

Police generals demoted for wrongdoings at work

President Tran Dai Quang on August 8 signed decisions on the demotion of two high-ranking police officers following their serious wrongdoings at work.

Vietnam to hold ceremony to see off athletes to ASIAD 2018

 A ceremony to see off the Vietnamese delegation to the 2018 Asian Games (ASIAD 2018) in Indonesia will take place at 7pm on August 9, according to the Vietnam National Olympic Committee and Vietnam Sports Administration.

Mekong Delta region warned about serious flooding

 Localities in the Mekong Delta and some ministries have been urged to stay active to respond to and mitigate impact of flooding as the Mekong River is now in full spate and the water level still keeps rising. 

Vietnam’s football squad of 20 players for ASIAD announced

 Head coach Park Hang-seo has announced the men’s football squad of 20 players who will compete in the 2018 Asian Games (ASIAD) in Indonesia later this month. 

Pencak silat – Vietnam’s golden hope at ASIAD 2018

 Vietnamese pencak silat athletes will compete at the 2018 Asian Games (ASIAD) for the first time and are expected to bring home gold medals. 

Vietnam central bank sells US$2.5 billion to curb dong devaluation: HSC

 The Vietnamese banking authority may have to sell more foreign currency if the US dollar keeps appreciating.

WHO recommends Vietnam to tighten alcoholic use

 The letter adds a voice in prompting a draft law on alcohol harm reduction in Vietnam, which is scheduled to be on the National Assembly’s table for approval later this year.

Vietnamese investors struggle to participate in M&A market

Though domestic investors have been more active in merger and acquisition (M&A) deals, they are still lagging behind foreign peers in the potential market.

Vietnam drafts next-generation FDI strategy

VietNamNet Bridge - Vietnam wants to attract foreign direct investment (FDI) mostly from the fields of manufacturing/processing, service and logistics, agriculture, tourism, education and tourism.