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Vietcombank to issue bonds worth $357m

 The State Bank of Viet Nam (SBV) has approved the Joint Stock Commercial Bank for Foreign Trade of Viet Nam's (Vietcombank) plan to issue bonds worth VND8 trillion (US$357 million) in 2016.

US$52m plan for airfield bird detection rejected

The Civil Aviation Authority of Vietnam (CAA) has slammed a VNĐ$1.16-trillion (US$52.2 million) proposal to install bird detection systems in airports, saying the payback plan was “unreasonable”.

Vietnamese flag flies in Rio Olympic village

The Vietnamese delegation to the Rio Olympic Games took part in a flag-hoisting ceremony held in the Olympic village at 6pm on August 1 (Brazil time).

Vietnam clinches eight gold medals at Ju-Jitsu beach championship

 Vietnamese team pocketed eight gold, six silver and three bronze medals at the Asian Beach Ju-Jitsu Championship which wrapped up in Sri Lanka on July 31.

US President’s interview on Hague’s tribunal ruling over East Sea

 US President Barack Obama has acknowledged that the Philippines made a lawful and peaceful effort to resolve their maritime dispute with China using The Hague tribunal.

Vietnam subcommittees of intergovernmental committees formed

The Prime Minister has decided to establish Vietnamese subcommittees of intergovernmental committees with foreign countries.

Senior designer Minh Hanh selected for fashion award

 Fashion designer Dang Thi Minh Hanh has been selected for the ASEAN Selections 2016 Award in Thailand which preserves and promote folk arts and trades.

Foreign investors buy 52% of Viglacera shares auctioned

Foreign investors bought 15.5 million shares in the Viglacera Corporation (VGC) out of a total of 30 million that were floated on July 28, according to the Hanoi Stock Exchange (HNX).

Hanoi launches online public services for wards

 The Ha Noi People’s Committee on July 31 launched Level 3 of the online public services system for wards, helping residents and enterprises access ward-level services quickly and easily via the internet.

Stiffer traffic fines issued

 VietNamNet Bridge – Stiffer penalties for more than 100 traffic violations take effect this month, generating much public attention.

Japan’s Alsok to join Vietnam’s security service market

VietNamNet Bridge - Alsok will become one of the leading companies in the security industry in Vietnam this September, when it buys shares of the Hai Phong Royal Security Service.

Foreign investors pour $57 million into VN stock market in July

VietNamNet Bridge – In July the stock market of Vietnam saw the highest VN-index in the last eight years. Foreign investors’ purchases in the month also reached a record high in 2016.

Daewoo E&C decides site to implement $2.7 billion thermal power

Korean Daewoo E&C has picked Phuoc Vinh Dong commune in the southern province of Long An as the site to construct its proposed $2.7 billion coal-fired thermal power plant.

Typhoon ‘Nida’ weakened into low depression

 The latest weather news from the National Hydrology Meteorology Forecast Center showed that the country's second storm of this year- Nida landed in Hong Kong (China) this morning.

Big names to join Hanoi film fest

VietNamNet Bridge – French director Regis Wargnier and actress Catherine Deneuve of Indochina will attend the 4th Ha Noi International Film Festival (HANIFF), which will take place during November 1-5 a month

Vietnam secures fourth place at Asian volleyball tourney

 VietNamNet Bridge – Viet Nam ended in fourth place at the Asian SMM 18th Asian Women’s U19 Volleyball Championship after losing to Thailand in the third-place playoff in Thailand on July 31.

Biggest chicken legs in Vietnam weigh 1kg/leg

VietNamNet Bridge – A man named Giang Tuan Truong from Tan Tien village in Khoai Chau district of the northern province of Hung Yen owns the biggest pair of Dong Tao chicken legs in Vietnam.

Buyers line up for LafargeHolcim’s Vietnam divestment

  Foreign and Vietnam’s state-owned cement companies are racing to tender offers for LafargeHolcim in Vietnam’s divestment.

Ministries disagree on Chinese-funded highway project

MOT believes Vietnam should borrow $300 million from China if it chooses Chinese contractors for the highway project, while the ministries of Planning & Investment (MPI) and Finance (MOF) say Vietnam needs to be more cautious about the project.

Parents stress ‘obedience’ when educating children: survey

VietNamNet Bridge - A sociological survey by Dr Nguyen Khanh Trung has shown an interesting perspective about the difference in how Vietnamese and French parents educate their children.