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Temporary duties on fertiliser may hurt farmers

The imposition of temporary safeguard duties on DAP and MAP fertiliser imports into Vietnam, which came into effect on August 19, is an effort to help protect the domestic fertiliser industry but might push up production costs for farmers.

Foreigners to be allowed to own houses in VN for up to 99 years

On August 2, the Government Standing Committee met to discuss the proposed law on special administrative-economic units and changes in the land law concerning foreign ownership of property. 

More fish die as extirpative exploitation continues

VietNamNet Bridge - Fishermen’s use of extirpative equipment, including explosive and small-mesh nets, is causing the disappearance of many aquatic species.

Companies warned about massive layoffs of workers over 35

VietNamNet Bridge - Labor experts have issued warnings about the sacking of workers over 35 years old, especially at foreign invested enterprises (FIEs).

Talented students lack mentors: university

Dr Do Quang Yen, a lecturer at the University of Virginia, who won one gold and one silver medal at the 1998 and 1999 International Mathematics Olympiads, says Vietnam lacks professors and leading experts who can develop talented students.

Better port connectivity, transport safety needed in Asia-Pacific

Improved transport efficiency and port connectivity are essential to advancing economic integration in the Asia Pacific region.

Ministry finds no proof of alleged pepper price scam

 The Ministry of Industry and Trade (MoIT) has not found evidence supporting accusations by the Vietnam’s Pepper Association (VPA) of price manipulation by foreign traders in the pepper market.

SCG reaffirms determination to develop $5.4 billion Long Son petrochemical complex

Siam Cement Group (SCG) has signed a Memorandum of Understanding (MoUs) with PetroVietnam, aiming to reinforce the development of Long Son petrochemical complex (LSP) in the southern province of Ba Ria-Vung Tau.

FDI from tax havens poses risks to economy

VietNamNet Bridge - The cash flow from tax havens is often risky, especially without adequate technical and tax barriers, say analysts.

Fake alcohol rampant in HCM City

The yeast and many other chemicals to make spirits have no origin or label but they are sold widely at markets in HCM City.

Five-tone musical ensemble in Doi (Bat) pagoda

Performances by five-tone musical ensembles in Doi (Bat) pagoda in Soc Trang province attract a lot of visitors. The music of the Khmer creates a mysterious, sometimes joyful atmosphere.

Coca-Cola suggests broader approach to SCT

Coca-Cola Vietnam claims the Ministry of Financial's proposal to isolate non-alcoholic beverages and soft drinks for taxation goes against international best practices.

Court upholds death sentences to former Vinashinlines officials

The High-Level People’s Court in Hanoi on August 18 upheld death sentences on former General Director of the Vinashin Ocean Shipping Co. Ltd. (Vinashinlines) Tran Van Liem and former acting head of Vinashinlines’ sales department Giang Kim Dat.

APEC officials highlight competition chapters in FTAs/EPAs

Officials from member economies of the Asia-Pacific Economic Cooperation (APEC) forum have highlighted the benefits of establishing competition chapters in free trade agreements (FTAs) and Economic Partnership Agreements (EPAs).

Quang Liem impresses but comes up short at St Louis GCT

Grandmaster Le Quang Liem, impressed but failed to win when it counted at the Saint Louis Rapid and Blitz tournament, the newest stop on the 2017 Grand Chess Tour, featuring total prize money of US$150,000.

Low-interest bank loans expected at year-end

VietNamNet Bridge - Analysts believe that banks at year-end will ease interest rates, which will make loans more accessible for businesses.

Big real estate developers pour money into Ha Long

VietNamNet Bridge - Quang Ninh province still has no large-scale resorts, even though Ha Long Bay in the province is a popular tourism destination. 

PetroVietnam, SCG speed up Long Son petrochemical project

 The Vietnam National Oil and Gas Group (PetroVietnam) and the Siam Cement Group (SCG) of Thailand have just signed an agreement on accelerating the progress of a petrochemical project in southern Vietnam.

Dengue outbreak shows signs of slowdown in Hanoi

The spread of dengue fever has begun showing signs of slowing down in Hanoi, which recorded a huge number of patients over the past few months, according to the Hanoi Department of Health.

11 Vietnamese banks have combined total assets of $10 billion

The finance reports from the first half of the year show that Vietnam has three banks with combined total assets exceeding VND1,000 trillion, or $50 billion, while 11 banks have total assets of over $10 billion.