The Volleyball Federation of Vietnam (VFV) has been intensely preparing for the Asian Games 2018 (ASIAD 18) since the start of this year, VFV General Secretary Le Tri Truong said.

 The global-scale cyber security competition Whitehat Grand Prix 2018, themed Legends of Vietnam, is scheduled to begin on August 18.

 The military court of Military Zone 7 on July 31 sentenced Dinh Ngoc He, alias “Ut troc”, to 12 years in prison in a case involving law violations at Thai Son Corporation under the Defence Ministry.

 The volume of second-hand products imported into Vietnam has rocketed in recent times, announced officials at a press conference on the management of waste imports, organized on July 30 by the General Department of Vietnam Customs.

 The annual overtime work limit of 200 hours, and in special cases, 300 hours, is not enough for FDI companies to fulfill their orders, FDI enterprises said at a meeting with the provincial government in Binh Duong Province on July 30.

 Starting August 1, the HCMC government will increase the number of hours banning lightweight trucks from entering the downtown area to ease traffic congestion, according to a newly issued decision of the municipal government.

 After ten years of merging and administrative-boundary expansion, Hanoi has changed dramatically in its economic growth, appearance and infrastructure. 

 Hanoi will pilot three bus routes using Compressed Natural Gas (CNG) from August 1, according to the city’s Department of Transport.

 Vietnam has invested in more than 100 overseas projects worth US$279.63 million in the first seven months of this year, according to the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment.

 Vietnam has always been consistent with its anti-nuclear weapons policy and was one of the first countries to support, sign and ratify the Non-Proliferation Treaty (NPT), President Tran Dai Quang wrote.

 Localities in the northern region are urgently implementing responsive measures against the complex development of floods as water levels in local rivers are increasing.

 Vietnam will send over 350 athletes to compete in 32 of the 40 sporting events at the 2018 Asian Games (Asiad 18) in Indonesia this August.

 Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable.

 Investment from new and existing foreign retailers continues to pour into Vietnam.

VietNamNet Bridge - For new cosmetic brands which remain little known, it is not easy to make money. 

The post-merger and acquisition business efficiency of Nguyen Kim remains uncertain, as three years after it engaged in an M&A deal with the Central Group, it declines to share information about its business performance with the public.

 The US-China trade war will force agricultural products from the world’s two most powerful economies to seek new markets which could lead to a flood of cheap products coming into Vietnam, putting considerable pressure on domestic farm produce.

 Vietnam’s logistics costs remain high, at equal to more than 20% of GDP compared to 9% to 14% in developed countries, according to the Vietnam Logistics Association.

 Vietnam’s economy has the highest ratio of exports against the gross domestic product (GDP) in the world.

 Vietnam’s exports of garments and textiles are predicted to reach US$18.5 billion in the second half of the year, bringing the country’s total export turnover to US$35 billion, exceeding the set plan by US$1 billion.