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Vinalines to cut seaport stake

The Vietnam National Shipping Lines (Vinalines) has proposed to reduce its stake in many strategic seaports.

PetroVietnam signs gas price deal

 Vietnam National Oil and Gas Group, better known as PetroVietnam, on Friday signed with its partners a letter of agreement on wellhead gas price and transportation tariff of Block B&48/95 and Block 52/97.

Co-working space an affordable alternative

 Leasing co-working space is more cost-efficient for small businesses than traditional commercial leasing, where the area may be much larger than their needs.

Hanoi, HCM City copy Dong Thap’s ‘businessmen café’ model

On August 24, a new ‘Businessmen’s Café’ opened in the northern province of Quang Ninh. Such special cafes have opened in many cities and provinces throughout the country, acting as a rendezvous point for local authorities and businesspeople.

Vietnam ICT Summit 2017 on horizon

 The Vietnam Software and IT Services Association (VINASA) will hold the 7th Vietnam ICT Summit 2017 on September 6 at InterContinental Landmark 72 in Hanoi.

Tens of trillions of dong of state capital nearly lost in equitization

VietNamNet Bridge - More than 96 percent of SOEs slated for equitization have been equitized, but only 8 percent of the state’s capital has been transferred to the private sector. 

Ministry proposes permanent residence cards for foreign investors on Phu Quoc

 Proposed draft law on special administrative zones includes a series of mechanisms to attract investment capital and foreign experts to Phu Quoc Island.

Poverty-stricken district plagued by suicides

 Authorities of Gia Lai Province’s Kon Chro District are struggling to deal with suicide in the locality, with hundreds of locals having killed themselves in recent years, with poverty in the region seen as the root cause.

Dozens of bankers being tried for graft, mismanagement

Some 50 bankers are on a 20-day trial that opened earlier this week in Hanoi for alleged graft and mismanagement causing $69 million in losses, as part of the government’s efforts to crack down on corruption.

PetroVietnam confirm normal operation following officials arrest

 The Vietnam National Oil and Gas Group (PetroVietnam) has said it was co-operating with police on the investigation of deliberate violation of state regulations by five officials. 

The last cyclo repairman in Saigon

 Ho Tan Phat, who was born and brought up in the land of Saigon, still takes pride in the trivial-income job he has pursued for nearly four decades. 

Consumers prefer small convenience stores over giant supermarkets

VietNamNet Bridge - Some years ago, analysts predicted that modern distribution channels would develop rapidly in Vietnam as income continued to rise. 

Standing witness to Vietnam’s rise

 On the occasion of Vietnam’s National Day on September 2, VIR gets an insight into foreign CEOs’ thoughts and feeling about the country’s vitality and development, and why Vietnam has become their home away from home.

Cloud computing not just for large firms

 Mr. Nguyen Tien Dung, Director of Viettel IDC, tells VET about the development of cloud computing in Vietnam.

Foreign real estate brokers expanding in Vietnamese market

VietNamNet Bridge - The property market segments which bring the highest profits are mostly controlled by foreign enterprises.

PetroVietnam to begin large-scale divestment

 Vietnam National Oil and Gas Group (PetroVietnam) will complete the divestment from several subsidiaries by 2020, according to newswire Petrotimes.

Savills: Opportunities in underground urban planning

The construction and development of underground urban areas is an indispensable trend in modern urban development, according to Savills Vietnam.

Criminal proceedings launched against violation at PetroVietnam

The Investigation Police Agency on September 1 issued a decision launching criminal proceedings against the suspected deliberately violation of State regulations causing serious consequences at PetroVietnam.

President grants promotion decisions to army officers

 President Tran Dai Quang on Sept. 1 presented decisions to promote officers of the Vietnam People’s Army to the rank of Senior Lieutenant General and Lieutenant General. 

Injured Croatian sailor rescued off Hai Phong city

 The Marine Search and Rescue Coordination Centre in the northern port city of Hai Phong on September 1 successfully carried out emergency medical aid for a Croatian sailor injured at sea.