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SOEs divest $163.4 million in 8 months

State-owned enterprises divested $163.4 million in book value from investment in non-core operations during the first 8 months of 2017, according to the Ministry of Finance’s Corporate Finance Department.

Vietnamese official meets Japanese parliament, foreign ministry leaders

 Politburo member Pham Minh Chinh met Chairman of the House of Councillors of Japan Date Chuichi and Japanese Foreign Minister Taro Kono in Tokyo on August 30, the last day of his working visit to Japan. 

German House in HCM City to open in September

 The 25-storey German House project, which is located at the centre of District 1 in the southern economic hub of Ho Chi Minh City, will welcome the first guests on September 5.

APEC SOM3 and related meetings conclude in HCM City

The third APEC Senior Officials’ Meeting (SOM3) and related meetings wrapped up in Ho Chi Minh City on August 30 after 13 days of working. 

Hanoi, Utah state form cooperative partnership

The Hanoi City People’s Committee signed a Memorandum of Understanding on forming friendly and cooperative relations with the US state of Utah on August 30. 

Vietnam fulfills target of being in top three at SEA Games 29

 Vietnam won a total of 58 gold, 50 silver and 60 bronze medals to stay at the third place in overall rankings of the 29th Southeast Asian (SEA) Games, which concluded on August 30, meeting its set target.

Set targets might be unachievable without drastic efforts: PM

If development tasks are not implemented in a drastic manner in September and the fourth quarter of 2017, they might not be achieved, Prime Minister Nguyen Xuan Phuc said at the Government’s August regular meeting yesterday.

New energy sources: households can generate solar power

VietNamNet Bridge - More and more households plan to install solar panels on their roofs to generate electricity. Once EVN completes its policy on electricity purchase, households will be able to join the electric power market.

Will HCM City build dykes similar to those used in the Netherlands?

VietNamNet Bridge - With increased land subsidence, HCM City needs to build dykes like the ones used in the Netherlands to prevent tides and floods, experts have urged.

Vietnam’s plans to pump more money into economy risky: economists

Economists have warned that many problems may arise if VND700 trillion is pumped into the national economy to raise the credit growth rate to 22 percent and obtain 6.7 percent GDP growth rate this year.

Universities still search for students to fulfill enrollment goals

VietNamNet Bridge - Many universities are still short of students for the upcoming academic year, with some training majors in danger of closing. 

Multi-billion VND ethanol projects back on planning table

 PetroVietnam, the investor of Bio-Ethanol Dung Quat, Phu Tho and Binh Phuoc ethanol factories has entered a co-operation with partners to rescue these three factories, according to newswire Bizlive.

State-owned aviation firms soon for heavy divestment

Amid growing interest among foreign investors in the aviation market, Vietnam Airports Corporation and Vietnam Airlines will continue to divest large state stakes to fund future development plans.

Vietnamese consumption habits hinder progress of local companies

VietNamNet Bridge - After many years of exporting products and becoming well-known in the world market, Vietnamese manufacturers are considering exploiting the domestic market. But the road has been bumpy. 

Drop in overseas remittances cause concerns for Vietnam

VietNamNet Bridge - The decline in remittances in 2016 and the slowdown in the first half of this year has caused concern among economists.

Tai wins VN’s final medal at SEA Games

 Weightlifter Hoang Tan Tai brought home a bronze medal, the last medal for the Vietnam delegation, from the final competition day of the Southeast Asian Games in Malaysia today.

Hanoi taxis to use common operating software

 Hanoi’s Department of Transport has proposed to make it compulsory for all taxi transport businesses to use a common taxi operating software from July 1, 2018.

Doctors in HCM City separate conjoined twins successfully

 Doctors from Paediatric Hospital No 2 and Cho Ray Hospital in HCM City have collaborated and successfully separated 13-month-old conjoined twins who were joined below the torso.

Suspect threatens Da Nang official to be prosecuted

 The Criminal Police Department under the Ministry of Public Security will prosecute Dao Tan Cuong, a resident of Da Nang City’s Hai Chau District, for threatening to murder an official.

200 factory workers to hold group wedding in HCM City

 Hundred couples who work at the city’s numerous factories will hold a group wedding on September 2,  organised by the Young Employee Assistance Centre (YEAC).