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Fish sauce: much more than just a condiment

Just like rice, fish sauce is a staple of almost every dish in Viet Nam. “For Vietnamese people, a meal without fish sauce is considered incomplete,” culture expert Tran Ngoc Them once wrote. 

Guards cross borders into fatherhood

Major Nguyen Hung Vuong of the Tan Thuan Border Gate, a customs post on one of HCM City’s rivers, got married when he was 29, but only became a father at 40. Vuong’s daughter, Nguyen Ngoc Linh Dan

Sacombank appoints new general director

 Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) has appointed Nguyen Duc Thach Diem as the new general director of the bank, starting July 3.

Street food may not be fully safe

 VietNamNet Bridge – More inspections street-food are needed to control food safety and hygiene and prevent food poisoning.

Growth quality in focus at HCM City People’s Council session

 The Ho Chi Minh City People’s Council opened the fifth session in the ninth tenure on July 4 with the quality of local economic growth among issues high on the agenda.

“Story of the Red River” Opera to be presented to Hanoians

 A Vietnamese opera titled “Story of the Red River” will be presented to music lovers at the Vietnam-Soviet Friendship Labor Culture Palace in Hanoi on July 22-23.

Film week to celebrate 70th anniversary of War Invalids' and Martyrs' Day

 The Ministry of Culture, Sports and Tourism (MoCST) will hold a film week across the country from July 24-30 to celebrate the 70th anniversary of War Invalids' and Martyrs' Day (July 27, 1947 – 2017).

Hanoi to have astronomy park

Nam Cuong Corporation, in cooperation with the Vietnam Academy of Science and Technology and EGO International, will build an astronomy park in Hanoi.

Vietnam's foreign exchange reserves at record level

 Vietnam’s foreign exchange reserves have hit a new record, the State Bank of Vietnam (SBV) told the regular government meeting on July 3.

Next generation Bphone to be introduced in August

 “The next generation Bphone will be introduced at the beginning of August in Hanoi,” Ms. Do Thu Hang, Director of Public Relations at Bkav, said.

Hanoi to raise tuition fees at public schools

 Hanoi People's Council have approved a resolution to raise tuition fees at state schools from the next school year in an attempt to improve teacher salaries.

Hanoi, HCM City agencies vow to collect tax from online sellers

Taxation agencies are sending invitations and messages, making calls to online sellers and threatening to block Facebook accounts if online sellers continue to evade tax.

Vietnam police prosecuted Taiwanese CEO in $12 m fraud case

A Taiwanese man and his six Vietnamese accomplices at a Hanoi-based company were prosecuted on Monday for swindling hundreds of local people through an illegal gold trading floor.

Traffic jams cause Hanoi loss of $600 million annually

Traffic jams caused average annual loss of $600 million for Hanoi, according to Nguyen Phi Thuong, Chairman of Transport Corporation Hanoi at a meeting of the municipal people’s council on July 3.

Russian oil company signs MoU with PetroVietnam

ZARUBEZHNEFT and PetroVietnam Exploration Production Corporation (PVEP) signed a memorandum of understanding (MoU) on June 30.

Commonwealth Bank of Australia sells HCM City branch to VIB

 The Vietnam International Bank (VIB) and Commonwealth Bank of Australia (CBA) announced on Monday that CBA’s HCM City branch would be sold to VIB.

Local fashion brands face fierce competition with foreign rivals

 The influx of foreign fast fashion brands into Vietnam is threatening local retailers’ market share, forcing the firms to move to keep their foothold in the market, Dau tu (Vietnam Investment Review) newspaper reported.

Archaeologists want to excavate bulldozed royal tomb site

Archaeologists are demanding permission to conduct excavations at the site of the tomb of one of King Tu Duc’s wives, which was bulldozed recently, to preserve whatever is undamaged.

Finance Ministry rejects LG Display’s plan to increase investment capital

The Ministry of Finance’s (MOF) move to reject LG Display’s plan to increase investment capital by $90 million to $1.59 billion shows state agencies’ concern about possible financial imbalance if foreign-invested enterprises rely heavily on loans.

Hanoi to crack down on fire safety violations

Developers of high-rise buildings that violate safety codes will not be eligible for future land allocation or land lease, according to the People’s Committee of Ha Noi.