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Fifth meeting of 14th NA to close on June 15

 The fifth meeting of the 14th National Assembly will conclude in Hanoi on June 15 after 21 days of working.

VN firms gear up for World Cup business

VietNamNet Bridge - Analysts believe the rights to broadcast football matches in World Cup 2018 will bring an increase in revenue of 20 percent over normal days. 

Dak Lak aims to build hydropower plant on special-use forest land

VietNamNet Bridge - Failing to get permission to use special-use forest (SUF) land for a hydropower project, the Dak Lak provincial authorities are pursuing another approach.

Wind power projects still struggling to take off

VietNamNet Bridge - With total capacity of 197 MW, the Vietnamese wind power market is still in an early stage of development.

Two Vietnam’s universities listed in QS top 1,000 schools

VietNamNet Bridge - HCM City National University and Hanoi National University have been listed in QS Ranking 2019. 

People urged to voice aspirations via VFF chapters, mainstream media

Vice Chairwoman of the Vietnam Fatherland Front has said people can voice their opinions via VFF chapters, member units and mainstream media.

New tropical low pressure forms in East Sea

 A low-pressure system which formed in the East Sea has strengthened into a tropical low pressure on June 14, according to the National Centre for Hydro-meteorological Forecasting.

Enterprises on verge of bankruptcy under ministerial regulations

Many enterprises will probably go bust if authorized agencies are allowed to recall products or order a company to stop operations when they inspect the firm and detect quality violations.

Vietnam’s beauty market booming with new brands

 The Vietnamese beauty industry presents significant opportunities for foreign companies wishing to tap into the growing demand for international beauty products.

Facebook and Google have to install servers in Vietnam from early 2019

 Facebook and Google will have to install servers in Vietnam from January 1, 2019 as the Law on Cybersecurity comes into effect.

Businesses advised to use legal software to reduce cyberattacks

 To reduce the risk of cyberattacks and boost their bottom line, businesses in Vietnam should assess the software on their networks and eliminate unlicensed items.

Nidec Group to pour $200 million into Hoa Lac Hi-Tech Park

Nidec Techno Motor Corporation's investment in Hoa Lac Hi-tech Park will start development this month and is expected to be launched in next January.

Vietnam’s hotel market attracts foreign investors

Vietnam’s hotel market has followed an upward trend recently with an increasing number of projects bearing foreign brands with foreign managers.

Vietnam sees trade surplus of US$2.67bn in five months

 Vietnam recorded a trade surplus of US$2.67 billion in the first five months of the year, according to the General Statistics Office (GSO).

Local wind power tempting despite low incentives

 Investors are keeping their faith in Vietnam’s wind power sector, even though it is not taking off due to an unbankable purchase power agreement, seven years after the government released the incentives for wind power projects.

HCM City apartment prices fall after fatal fire

 Apartment prices in HCM City have decreased by 5% following a fatal recent fire in the city which left 13 dead and dozens injured.

Vietnam fines two foreign ships for trading oil illegally

 Two foreign ships have been fined a total of VND137 million (over US$6,000) for trading diesel oil illegally in Vietnamese waters, the Vietnamese Coast Guard announced on June 12.

Huge Tam Dao villa built by embezzled money

 Former Chairman of PetroVietnam Construction JSC (PVC) Trinh Xuan Thanh used money from the company's project to build his own villa in Tam Dao District, Vinh Phuc Province.

Capital keeps flowing into startups

VietNamNet Bridge - Investors have poured more capital into Vietnamese technology startups amid the strong rise of new technologies such as AI and Big Data.

Experts concerned over proposed Danang artificial island project

The proposal to build a huge artificial island in Danang has faced opposition over fears of its environmental impact.