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Fintech changes financial landscape

A handful of winners have been named in a large-scale fintech challenge, providing inspiration and opportunities for many other fintechs to capture. 

SOE equitisation lets down investors

The poor performance and small sales percentage of many such enterprises have disheartened many interested parties.  

Khanh Hoa beat Bình Dương in V.League 1

Sanna Khanh Hoa defeated Becamex Bình Dương 3-0 in the 12th round of the V.League 1 June 8

Vietnamese live entertainment show wins Stevie Award

The live entertainment show “The Quintessence of Tonkin” recently won the Gold Stevie Award for Innovation in Media, Visual Communications & Entertainment, beating projects from all over Asia.

HCMC celebrates 70 years of patriotic emulation

HCM City on June 8 launched two photo exhibitions to mark the 70th anniversary celebration of President Ho Chi Minh’s June 11,1948 appeal for patriotic emulation.

Measures sought to facilitate Vietnam’s shrimp export to US

High anti-dumping tariff and the US Seafood Import Monitoring Programme (SIMP) are now key barriers facing Vietnamese shrimp exporters. 

US celebrity chef Anthony Bourdain dies of suicide

US celebrity chef and television personality Anthony Bourdain has died at the age of 61 as a result of suicide, the CNN network confirmed in a statement.

US’ religious freedom report makes biased assessment of Vietnam

The US Department of State’s 2017 International Religious Freedom Report continued to give biased assessment and cited untrue information on Vietnam, stated Foreign Ministry Spokesperson Le Thi Thu Hang.

PM Phuc meets Premier of Quebec, Canadian firms

PM Nguyen Xuan Phuc met with Premier of Quebec Philippe Couillard on June 8 (Canada time), as part of his attendance at the Group of Seven (G7) Outreach Summit and visit to Canada from June 8 – 10. 

E-commerce cost too high for some

 Vietnam is proving difficult terrain for e-commerce players, as they keep burning money to grab a slice of the lucrative market, which results in mounting losses and, for some, their eventual demise.

Social News 9/6

Cooperation badly needed to fight flood at TSN airport, Vietnam learns international experience in wind power development, Artwork campaign aims to raise awareness of marine plastic pollution

Many businesses see bold hope for agriculture investment

 Despite there being few investors in the agricultural sector, it has become attractive to multisector businesses in recent years, showing positive changes in investor opinion regarding the potential of the sector.

Earth Hour Vietnam: The story of a youth-empowered movement

 During Earth Hour 2018 more than 100,000 people in Vietnam turned off unnecessary appliances, saving 485,000 kWh of energy.

Esports bursting with potential

 Esports is becoming a market of some potential in Vietnam, according to a recent report from the Appota JSC and VTVPlay.

Little desert in Ninh Thuan province

Every year from April to July is the driest period in Ninh Thuan, turning the locality into a mini desert. Local farmers struggle to cover this desert land with the green of development.

Vietnam Expressway Corporatio warns of risk of bankruptcy

 If the government does not provide bailout, Vietnam's largest state-owned highway developer could face bankruptcy after spending VND90 trillion ($4 billion) on the construction of 415 kilometres of expressways in 14 years.

VN Index falls, investors advised to buy equities

VietNamNet Bridge - Investors have been advised to buy equities in the context of the bear market. 

Chinese smart phone manufacturers make headways in Vietnam

 The arrival of China-based mobile manufacturers, including Oppo, Huawei, Xiaomi, and Vivo into the mid-end smart phone market in Vietnam has made giants like Sony and Microsoft to withdraw from the market.

Disbursement of budget met with flaws

Dinh Van Nha, Vice Chairman of the National Assembly Committee for Finance and Budgetary Affairs, talks about his concern over the ineffectiveness of using the State budget in many localities.

Hoa Sen Group crumbles?

 Falling profit figures and stock prices, mounting debt pressures, and the latest halting of a project in the c entral province of Nghe An are the newest obstacles of Hoa Sen Group, Vietnam’s one of leading steel manufacturers.