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HCM City to tackle smuggling, trade fraud at port

HCM City plans to step up enforcement against smuggling and trade fraud to cope with the increasing number of violations, especially at Cat Lai Port in HCM City. 

Iconic Hanoi lake to be cleaned

 VietNamNet Bridge – Ha Noi’s iconic Hoan Kiem Lake has been severely polluted through the years and must be cleaned to save the threatened living creatures there, 

HCMC speeds up traffic system to connect with neighboring provinces

HCMC authorities and the Ministry of Transport yesterday worked on traffic situation in inner city and traffic system to connect with neighboring provinces.

Sand exploiters to be prosecuted to deter others

 In his document, Vietnamese Prime Minister ordered to have strict penalty on illicit sand exploiters.

Hanoi to auction 6,000 ha of land for urban railway

 Hanoi plans to auction 6,000 ha of land in order to build ten urban railway lines from now to 2030.

Dung Quat Oil Refinery seeking loans of $1.26bn to expand

The Binh Son Refining and Petrochemical Co. plans to take out loans of a combined $1.26 billion to expand its capacity, according to a plan unveiled by the Ministry of Industry and Trade.

Merger appears near for Hanoi & HCMC stock exchanges

 The long-awaited plan to merge Vietnam’s two stock exchanges to create a single bourse has landed on the Prime Minister’s desk, according to the Ministry of Finance (MoF)’s first half report.

HCM City to lose iconic 150 old trees for bridge construction

 A total of 148 old trees along Ton Duc Thang Street in central HCM City will be either chopped down or relocated for construction of Thu Thiem Bridge 2. 

Martial artists must have permission for friendly bout

 Local authorities said the friendly match with the martial artist Pierre Francois Flores from Canada in Hanoi must have a permit in case of severe injuries.

Hanoi plans to spend $40bn to build 10 metro lines

 Hanoi authorities have asked the government to employ public-private-partnership model and allocate ODA to build 10 metro lines worth USD40bn to deal with congestion.

Dozens of flights to China delayed

 Vietnam Airlines has announced that about 30 flights to China were delayed because of overloaded airports and bad weather in China.

Central Bank of Vietnam cuts rates by 0.25-0.5 per cent

 The State Bank of Viet Nam (SBV) has cut several interest rates for the first time since 2014 in order to support business and boost economic growth.

Market oversight to be tightened

 The State Securities Commission (SSC) might suspend the operation of the two local stock exchanges and the Viet Nam Securities Depository (VSD) if they cause investors to lose legal benefits and rights.

Businesses wary of ransomware attacks

 The recent WannaCry and ExPetr epidemics have proven to many businesses the crippling impact of having their files held to ransom by cybercriminals.

Vietnam to import more cashew

Vietnam expects to import an aditional 500,000 tonnes of nuts from now until October to meet its annual export target, according to the Viet Nam Cashew Association (Vinacas).

VN has huge potential in swift-nest production

 Vietnam has good potential in farming swifts for their edible nests, but authorities should make zoning plans and regulations for the industry like they do for the husbandry industry to ensure its sustainable development, according to experts.

VTV, SCIC withdraw capital from giant tower project

 Construction of VTV Tower, which was expected to be the world’s highest, will likely be put on hold.

Health Ministry: vaccination safe and compulsory

 The vaccination programme for children meets the basic requirements of quality and safety, the Preventive Health Department of the Health Ministry said on Monday.

Vietnam third at beach jujitsu world tournament

 Vietnam bagged one silver and seven bronze medals at the World Beach Jujitsu Tournament, which closed in Thailand on Sunday.

Vietnam wins one gold at Vinh Long Intl table tennis

 Vietnam won one gold at the Vinh Long International Table Tennis Tournament, which wrapped up at Vinh Long Sports and Physical Training Centre on July 9.