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Despite dropping revenue in China, Honda remains strong in Vietnam

Despite a huge reduction in revenue in China due to engine errors affecting CR-V and Civic vehicles, Honda is still doing well in Vietnam based on its market shares in the motorbike and car segments, with a new record in car sales.

Wooden furniture manufacturers fear material shortages

VietNamNet Bridge - Though exports have been growing well, concern still exists because wooden furniture industry is in need of materials.

Ride-hailing sector competition throwing sparks

 The race for market share in the Vietnamese ride-hailing sector has just entered a new phase with the arrival of big players like Go-Jek, Aber, and MVL.

Ministry of Public Security proposes measures to curb child sexual abuse

 The Ministry of Public Security have proposed measures to deal with the sharply-rising child sexual abuse in Vietnam, including the launch of hotlines and email contact points, to provide legal consultation and assistance to victims.  

Two whales stranded on Quang Ngai beach

 Two whales have been stranded in separate incidents on a beach in the central province of Quang Ngai’s Binh Son District over the past five days.

Arboreal garage

For the last 25 years, Ho Minh Tam – a resident of Tuong Hiep Binh Ward, Thu Dau Mot City in southern province of Binh Duong – has kept his motorbike in a special garage: an aged tree in his garden.

Viettel to launch 4G service in Myanmar

 Telecom provider Viettel has unveiled plans to officially inaugurate its mobile phone network in Myanmar under the trade name Mytel on June 9, 2018.

New committee to manage capital at 20 SOEs

 The scale of State-owned enterprises controlled by the State Capital Management Committee is less than the initial plan, according to the latest draft of the decree on the functions, tasks and organisational structure of the committee.

BUSINESS IN BRIEF 29/5

 Ha Long city expects investment wave in Boutique shophouses, ROK-funded project to foster energy efficiency in Vietnam’s industry, Banks cut interest rate for short-term deposits, Binh Dinh province calls for RoK investment     

LA basketballer to visit HCM City

 Basketball player Danilo Gallinari, who plays for the Los Angeles Clippers team, will travel to HCM City to participate in the Junior NBA Việt Nam from June 22-24, according to the National Basketball Association (NBA).

Sugar producers seek help against corn syrup imports

 A group of sugar producers has asked for Government intervention as the industry struggles to compete with corn syrup imports.

Legislators discuss bills on education, cyber security

 Legislators have been discussing bills on education and cyber security at the 5th session of the 14th National Assembly in Hanoi on May 29 morning.

HCMC police arrest suspect in theft of diplomat’s necklace

 The HCM City police announced Sunday evening that they have arrested a man suspected of snatching a necklace from a Russian diplomat three months ago.

Will foreigners be allowed to buy condotels?

VietNamNet Bridge - Some experts have proposed allowing foreigners to buy condotels in Vietnam to attract the foreign cash flow. 

HCM City: will $5 billion drive floods away?

More than 10 years ago, HCMC began applying a series of measures to fight against floods and improve the environment, worth trillions of dong. 

40 civil servants resign, Da Nang’s talent program fails

VietNamNet Bridge - Forty people in Da Nang’s high-quality human resources development program (Program 922) have refused jobs offered to them. 

Mind-controlled robot arm invented by two eighth graders surprises jury

Two eighth-grade schoolboys from Trung Vuong Secondary School in Hanoi have won first prize at the city’s 2018 science and technology creativity competition for secondary school students, and a second national prize.

Food-beverage sector strives to meet int’l food safety

 With a market of 93 million people, Vietnam has seen rapidly growing consumer demand for food and beverage (F&B) products, offering great opportunities for the sector to expand, experts have said.

Ministers to be grilled about four groups of issues by lawmakers

 The ministers of transport, environment, education and social affairs will be the main answerers of questions about issues within their remit raised by National Assembly (NA) deputies at the ongoing fifth meeting of the 14th-tenure parliament.

Prime Minister expects EVFTA to be signed soon

 Prime Minister Nguyen Xuan Phuc has said Vietnam treasures its cooperation with the European Union (EU) and expressed his hope that the EU-Vietnam Free Trade Agreement (EVFTA) will be signed soon.