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ACV suffers bitter losses from Viethaus project

 Irrational calculations at its largest outbound investment project, Viethaus, have brought remarkable losses to ACV, Vietnam’s largest airport operator.

Petrol firms suggest increasing E5-RON 95 price difference

 Despite increasing E5 gasoline consumption in the first quarter, gasoline enterprises still propose different retail prices for E5 and RON 95 fuel.

Once iconic Vietnamese brands that have fallen to hard times

 Thuong Dinh footwear, Chuong Duong beverages, Trang Tien, and Thuy Ta ice-cream all used to be famous Vietnamese brands before fading into oblivion.

Supreme Court to begin appeal hearing of PetroVietnam case

 In the appeal letter submitted to the court, Trinh Xuan Thanh claimed he did not commit the crimes he was convicted of in the first instance and Dinh La Thang claimed the verdict was neither fair nor objective.

FPT Retail listed at towering reference price

FPT Digital Retail JSC (FPT Retail), the second largest digital retailer in Vietnam, officially listed 40 million shares on the HCM City Stock Exchange (HSX) with the reference price of VND125,000 ($5.49).

Cane farmers call for help after sealing off Bisuco

 As Bisuco is going to be sealed off to overcome environmental issues, the central province of Binh Dinh’s cane farmers are in distress as they fear that they will not be able to find buyers and will have to reduce prices.

From Doi Moi reforms to Vietnamese billionaires

 After more than 30 years of Doi Moi, the Vietnamese economy has begun to see its own local billionaires who while contributing to national development, are in need of a facilitating environment to continue prospering.

Young and single grapple with expectations

 Many Vietnamese still struggle with the pressure that comes from being single, though there are those who take a more positive attitude. 

Vietnam Airlines shares to be auctioned in May

 The Ministry of Transport will auction 371.5 million Vietnam Airlines shares on May 22 to increase the national flag carrier’s chartered capital.

Quang Ngai mass fish deaths under investigation

 Authorities of the central province of Quang Ngai’s Tu Nghia District have set up a taskforce to investigate the mass fish deaths in a local river.

Popular destinations over-crowded during holiday period

Most of Vietnam’s popular tourist destinations have been crowded during the long Reunification Day (April 30) and May Day (May 1) holiday. 

Vietnam’s largest casino to open gates next year

 Macau’s biggest junket operator Suncity Group Holdings Ltd. is undaunted in its ambition to start operating Vietnam’s largest casino in the central province of Quang Nam. The project is expected to be launched next year.    

BusinessFDI focuses on real estate

 Foreign direct investment (FDI) in real estate increased in the first four months of this year, putting the sector behind just processing and manufacturing industry.

Vietnam international tennis tourney opens

 The Vietnam F1, F2, F3 Futures – Vietravel Cup 2018 kicked off in the central province of Thua Thien-Hue on April 30.

Vietnamese fashion products displayed at Hong Kong Fair

 More than 30 leading Vietnamese manufacturers of garments, textiles and fashion accessories as well as garment-related industries have displayed their products at Hong Kong’s largest one-stop sourcing fashion show.

Traffic accidents kill 52 in reunification holiday

 A total of 76 traffic accidents occurred across the country from April 28 – 30, killing 52 people and injured 46 others, according to a report from the Ministry of Public Security. 

Khanh Hoa feels pressure from rising number of Chinese travelers

VietNamNet Bridge - The number of Chinese travelers to Vietnam in the first three months of 2018 increased by 40 percent in comparison with the same period last year. Da Nang and Khanh Hoa province saw the sharpest increase in the number of visitors.

Vietnam targets US, EU investors in new-generation FDI strategy

VietNamNet Bridge - Vietnam, which is drafting a strategy on foreign direct investments (FDI) to 2030, has been advised to lure more investors from the US and the EU to diversify FDI capital sources.

Conical hat village faces survival challenge

 Chuong Village, well-known for its quality conical hats in Thanh Oai District, Hanoi, is being threatened with extinction as young people do not want to learn the craft because of poor salaries.

Prime Minister’s visit to Singapore a comprehensive success

 The recent official visit to Singapore by Prime Minister Nguyen Xuan Phuc and his spouse along with a high-ranking delegation from Vietnam was successful in various spheres, according to Deputy Foreign Minister Nguyen Quoc Dung.