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“Land fever” in HCM City cools down

 The Ho Chi Minh City Real Estate Association (HoREA) said that land price surge in suburban districts in late 2017 to May, 2018 has cooled down.

Suspect in police station bombing detained

 Police detained a man on June 21 who was suspected of throwing explosives into a police station in HCM City.    

Vietnam offers 5,000 tonnes of rice to Cuba

The Vietnam General Department of State Reserves organised a ceremony in Hai Phong on June 21, to present 5,000 tonnes of rice and gifts to the people of Cuba.

Truck accident kills two, injures five Vietnamese workers in Laos

 Two Vietnamese workers have been killed and five others seriously injured when a truck carrying them overturned in Laos on Thursday.

VN banks hope to lure foreign investors

 Despite the current increasing foreign investment inflows, merged and acquired banks will consider selling stakes to foreign investors after completing the restructuring to up the attractiveness of sales, bank officials said.

Russian products to become popular in Vietnam

 More and more Russian agricultural products are finding their way into the Vietnamese market, according to the Russian Export Centre in Vietnam.

Vietnam, Azerbaijan holds second inter-governmental committee meeting

 Vietnam and Azerbaijan agreed to maintain meetings of their Inter-Governmental Committee for Economic-Commercial and Scientific-Technological Cooperation to bolster bilateral collaboration.

Vietnam - potential market for rice bran oil

Vietnam has recently joined the group of rice bran oil-producing countries, with a modest output, but as one of the largest rice exporters in the world, the country has great potential for developing this industry. 

Vietnam’s pepper industry bears ‘price shock’

VietNamNet Bridge - Vietnam’s pepper industry is sustaining a blow in the face of a surplus in the world market.

Tangled electrical wires on Hanoi streets

 Many streets in Hanoi are still covered by the tangled mess of overhead power lines, phone and television cables, posing latent dangers for local residents.

Imported waste flooding Vietnam’s ports

VietNamNet Bridge - Thousands of containers of plastics and scrap materials are stuck at ports, causing problems for government agencies. 

Former petroleum executives prosecuted for trade fraud

The police on June 21 began proceeding procedures against four people accused of abusing position and power to appropriate assets in three petroleum companies under PetroVietnam.

Japanese visitor helped to recover missing assets

 Hidenori Ushio from Japan sent a letter of thanks to the Criminal Police Office of the central province of Thua Thien-Hue on June 21 for recovering his missing assets. 

Laos to apply Vietnamese tech for e-governance

 Laos will use Blockchain technology developed by a Vietnamese company for the e-governance use, becoming the third country globally after Estonia and Dubai using the technology in this area.

Police search for suspects in police station explosion

 Two men riding a motorbike have been suspected of throwing explosives into a police station in HCM City on June 20, injuring a police officer.

Largest solar power plant in VN, Asia to be built in Tay Ninh

 The groundbreaking ceremony of Dau Tieng 1 and Dau Tieng 2 solar power plants, worth VND9,100 billion will be held on June 23 in the southern province of Tay Ninh.

FDI firms make small tax contributions despite plentiful incentives

Although FDI enterprises are receiving more investment incentives than domestic businesses, tax payments by the FDI sector are much lower, the 2018 Vietnam Business Development Forum heard in Hanoi on June 19.

Viettel signs with one million subscribers in Myanmar in first 10 days

 Mytel, Viettel’s mobile operator in Myanmar, has signed with more than one million subscribers in just 10 days since it officially began operations.

PM issues directive to better implement law on support for SMEs

Tax deductions, land allocation programmes and the establishment of appropriate credit lines along with a comprehensive legal framework are among the tasks ordered by PM Nguyen Xuan Phuc to effectively implement the Law on Support for SMEs.

More solutions needed to fight floods in HCMC

 The HCMC government has spent trillions of Vietnamese dong on flood control, but its efforts have yet to pay off. More effective solutions are needed to cope with the situation, experts said at a meeting in HCMC on June 20.