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Vietnam Commodity Exchange: opportunities from a billion-dollar market

 Decree 51/2018/ND-CP on the establishment and trading on commodity exchanges, which will come into force on June 1, 2018, is expected to open a new era for both businesses and farmers to boost sales through this channel.

Siam Cement acquires 100% stake in petrochemical project

 Siam Cement Public Company Limited (SCG) signed an agreement with Viet Nam National Oil and Gas Group (PetroVietnam) to acquire the latter’s equity stake in Long Son Petrochemical Co Ltd.

SSI leaders calm down investors

 Investors should not panic about the continuous fall of the stock market in recent times, said leaders of Saigon Securities (SSI).

Railway sector under scrutiny as accidents pile up

 Minister of Transport Nguyen Van The said on Monday he apologised to the families of the victims in recent railway accident and would take responsibility for what had happened.

VN keeps close eye on Ebola in DR Congo

 The Ministry of Health is liaising with the World Health Organisation (WHO) to strengthen supervision over the Ebola virus in Congo and assess the risk of the virus spreading to Viet Nam.

Vietnam AutoExpo 2018 slated for Hanoi in June

 The 15th International Exhibition on Automobile, Transportation and Supporting Industry (Vietnam AutoExpo 2018) will be held at the National Convention Centre in Hanoi from June 6-9.

Vietnam’s CPI up 0.55 percent in May

 Vietnam’s consumer price index (CPI) inched up 0.55 percent in May, the highest monthly increase since 2012, according to the General Statistics Office (GSO).

11-digit phone numbers to be switched to 10 digits

 Nearly 60 million subscribers will have to change their 11-digit phone numbers to 10 digits from September 15, 2018 to June 30, 2019, according to the Ministry of Information and Communications.

VN-Index rises over 20 points

 The VN-Index rose more than 20 points on May 29 after suffering a drop of 32 points on the previous day.

Deputy PM: CPI growth could be kept below 4 percent in 2018

 Deputy Prime Minister Vuong Dinh Hue has urged the Government’s Steering Committee for Price Management to seek measures in order to minimize external impacts on domestic prices, thus keeping CPI growth below 4 percent in 2018. 

President Tran Dai Quang visits Japan’s Gunma prefecture

 Right after his arrival in Japan on May 29 afternoon, President Tran Dai Quang and a high-ranking delegation of Vietnam visited Gunma prefecture where about 7,000 Vietnamese people are living, studying and working.   

Legislators continue to debate bills on May 29

 Legislators mulled over several bills on May 29, the eighth working day of the fifth sitting of the 14th National Assembly. 

Banned goods found in containers at major ports

 Evidence of smuggling has been uncovered at two major ports in Ho Chi Minh City, with prohibited goods found in several containers left unclaimed during the past month.

Over 500,000 routers, storages infected by VPNFilter

 The Authority of Information Security under the Ministry of Information and Telecommunications on May 29 warned that more than 500,000 routers and storages in many countries, including Vietnam, have been exposed to VPNFilter virus.

VNG takes loss from Tiki in stride

Despite the value of VNG Corporation’s investment dropping like a stone, VNG plans to take the blow and wait out brighter times, as Tiki and ZaloPay are part of its long-term development plan.

Vietnam ranked third at 5th Taekwondo Poomsae Championship

 Vietnam finished third at the fifth Asian Taekwondo  Poomsae Championship, which closed in Ho Chi Minh City on May 28. 

Transport Ministry equitises 137 SOEs during 2011-16 period

 The Ministry of Transport equitised 137 State-owned enterprises (SOEs) during 2011-16, surpassing the target by 67.

Da Nang enhances beach safety amid peak season

 Sandy beaches in the central city of Da Nang welcome tens of thousands of people everyday during the peak season. The massive influx of tourists to the beaches requires the city to exert tremendous efforts to ensure beach safety and security.

Local paper industry faces input cost challenges

 Vietnam's paper industry has been facing difficulties in production due to the high cost of imported raw materials, though production has been stable since the start of this year.

President Tran Dai Quang begins State visit to Japan

 President Tran Dai Quang and his spouse arrived in Tokyo at noon on May 29, beginning a State-level visit to Japan which will last until June 2.