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Hike in USD selling price matches market fluctuations: SBV official

 The State Bank of Vietnam’s revision of the USD selling price up to 23,273 VND on July 23, a strong increase from the rate it had kept from the month’s beginning, is a move suitable with domestic and foreign markets.

Cigarette smuggling remains unabated

Cigarette smuggling has caused a loss of thousands of billions of Vietnamese dong each year for the State, according to figures released by the Vietnam Tobacco Association at a symposium held on July 23.

Gender violence should become focus of media

 Gender violence should receive more media coverage to ensure women and children are brave enough to speak up to prevent domestic violence, said a gender expert from Care International in Vietnam.

HCM City opens fifth int’l martial arts festival

 The fifth Ho Chi Minh City International Traditional Martial Arts Festival began at the sports centre of District 7 on July 23, attracting more than 1,800 martial artists from Vietnam and abroad.

More Japanese banks partner with BIDV

 The Bank for Investment and Cooperation of Vietnam (BIDV) and four banks of Japan’s Resona Group have signed a cooperation agreement on supporting Japanese firms in Vietnam. 

6th Vietnam Summer School of Science opens in Binh Dinh

 More than 120 students and 15 lecturers working at domestic and foreign institutions are joining the 6th Vietnam Summer School of Science (VSSS) which opened in the central coastal province of Binh Dinh on July 23.

Binh Thuan sentences 10 men to prison for social disturbance

 The People’s Court of Tuy Phong district, Binh Thuan province, on July 23sentenced 10 men to prison for disturbing public order in Hoa Minh commune, Tuy Phong district, on June 10.

Vietnam’s motorcycle market holds much potential

 The motorbike market of Vietnam has recorded positive growth in recent years, despite being forecast to enter a saturation period by the Vietnam Association of Motorcycle Manufacturers (VAMM) two years ago.

Banks, gov’t organisations advised to take steps against cyber attacks

 The Vietnam Computer Emergency Response Team (VNCERT) on July 23 advised banks and critical national infrastructure organisations to promptly take preventive measures to detect and prevent cyber attacks.

Vietnam potential market for digitalisation, e-commerce

 Vietnam has become an attractive destination for foreign firms and a potential market for digitalisation and electronic commerce, said Dato Lim Jock Hoi, Secretary General of the ASEAN.

HCM City hosts int’l open track and field tourney

 The 25th Ho Chi Minh City International Track & Field – Vietnam Open 2018 will take place at Thong Nhat stadium on July 26 and 27.

VN leaders welcome Australian House of Representatives Speaker

Chairwoman of the National Assembly Nguyen Thi Kim Ngan and Speaker of the House of Representatives of Australia Tony Smith held talks in Hanoi on July 23, seeking ways to solidify the countries’ relations in a number of aspects.

US remains Vietnam’s largest importer

 The US remained Vietnam’s largest export market with a value of nearly 21.6 billion USD as of mid-July, accounting for 19 percent of the total. 

Take advantage of storms’ ‘benefits’, but prepare for the worst: scientists

Phan Van Tan from the Meteorology, Hydrology and Oceanography Faculty of the Hanoi University of Natural Sciences, said storms cause devastation but also bring certain benefits.

Vietnamese IT engineers hunted by international companies

Despite the serious shortage of workers for the IT industry, international firms have strict standards when they recruit Vietnamese IT engineers.  

Financial companies prosper as Vietnamese spend more on consumer goods

VietNamNet Bridge - Reports all show steady growth in consumer lending in recent years and increased expansion of finance companies.

Female doctor’s research on gac fruit shows promise for cancer treatment

Gac fruit (Momordica cochinchinensis) contains substances which can kill 85-90 percent of cancer cells, especially skin and breast cancer, according to a researcher. 

Ministry urges investigation into Hanoi West Lake mass fish deaths

 The Ministry of Natural Resources and Environment has proposed Hanoi authorities to conduct an urgent investigation into the recent massive fish deaths on the West Lake.

Hundreds evacuated in Thanh Hoa flood

 Hundreds of households in Thanh Hoa Province were evacuated on July 22 amid rising floods in the region.

HCM City at loss over Uber tax arrears

 HCM City Department of Taxation have said they didn't know what to do with the VND53.3bn in Uber tax arrears as the company had stopped operations in Vietnam.