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Viettel’s overseas pre-tax profit hits US$41.2 million

Military-run telecom group Viettel recorded a pre-tax profit of US$41.2 million from its overseas investments in the first half of 2017, a 156 percent year-on-year increase.

Power production costs remains problem for Vietnam to solve

VietNamNet Bridge - Former US Secretary of State John Kerry has suggested an optimal solution to ensure power supply for Vietnam's economic development.

Four big firms share lucrative ice cream market

Kido Foods (KDF) dominates the ice cream market, with a 35 percent share, while Unilever, Thuy Ta and Vinamilk hold 10 percent, 10 percent and 9 percent of market share, respectively.

The ‘chemistry golden boys’

VietNamNet Bridge - They are known as the three ‘chemistry golden boys because they won gold medals at the 49th IChO and all of them have ‘golden virtues’.

Social media can be a tool for a strong governance

 VietNamNet Bridge – Major General Le Van Cuong speaks to the Hai Quan (Customs) newspaper about the role of social media in Viet Nam.

Small agri production must end

Vietnam’s agriculture sector needs to end the practice of small-scale production and reorganize it on a larger scale towards high-tech agriculture, the “Reorganizing Agricultural Production” seminar heard.

New decree to protect genetic resources from foreign loss

A newly effective bill, government Decree No.59/2017 on the management of access to genetic resources and the sharing of their benefits, was expected to protect the country’s rich genetic resources.

Vietnam win two golds at Malaysia athletics champs

Viet Nam won two gold medals at the 94th Malaysia Open Athletics Championship, which wrapped up at the National Stadium, Bukit Jalil, Kuala Lumpur, on July 19.

Party chief, Cambodian King hold talks in Phnom Penh

 Party General Secretary Nguyen Phu Trong held talks with Cambodian King Nodorom Sihamoni following an official welcoming ceremony for the Vietnamese Party leader in Phnom Penh on July 20.

Vietnam Festival in Kanagawa 2017 to lure 400,000 vistors

 The Vietnam Festival in Japan’s Kanagawa Prefecture (Vietnam Festa) is scheduled to take place in Yokohama city from September 15 to 17, as heard at a local press conference on July 19. 

Cities discharge 70% of Vietnam's CO2

Cities consume 70 per cent of Viet Nam’s total energy and discharge 70 per cent of the country’s total carbon dioxide emissions, a policy dialogue announced yesterday in Ha Noi.

Expansion to Hanoi’s pedestrian area proposed

 Authorities of Hanoi’s Hoan Kiem District have proposed expanding the number of pedestrianised streets and increasing the amount of time streets are shut to traffic during the summer.

Private companies’ influence on economy growing

As Thaco’s car sales decreased, the Quang Nam province’s budget revenue suddenly dropped by VND3 trillion. This news has been cited by economists to show the role of large private conglomerates in the economy.

HCM City puts history onstage

Young artists of the HCM City Drama Theatre will stage a historic play about the Mau Than offensive that occurred in the spring of 1968 to celebrate the 70th anniversary of War Invalids and Martyrs Day

Young designers seek the World of Fashion spotlight

 VietNamNet Bridge – Dozens of young fashion designers will join a new programme aimed at students and young workers launched by the HCM City Youth Cultural House. 

Eventful diplomatic activities of Vietnam in June

Eventful diplomatic activities took place in June with a string of overseas trips of PM Nguyen Xuan Phuc and President Tran Dai Quang to Japan, Russia, and Belarus.

Pumping oil and coal to gain GDP target faces difficulties

 Boosting crude oil pumping and coal mining to achieve a gross domestic product (GDP) growth rate of 6.7% in 2017 is forecast to face difficulties mainly due to low prices, said the Ministry of Planning and Investment.

Taxes on Grab, Uber are compliant to rules, says ministry

 The Finance Ministry asserts the collection of tax on Grab and Uber is fully compliant with prevailing tax regulations and many traditional taxi companies are still paying less than the fixed tax payable by the two foreign firms.

Dung Quat Refinery asks for loan guarantee

Binh Son Refining and Petrochemical Co Ltd, the operator of Dung Quat Oil Refinery, wants the Government to provide guarantee for its loans of US$1.26 billion needed for the second phase of the upgrading and expansion project of the refinery.

Several companies want to develop waste-to-power projects in HCMC

 Several companies have expressed keen interest in developing waste-to-power projects in HCMC given the high potential in the sector.