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Ministry asks for tightened security on Cat Linh- Ha Dong elevated railway

 The Ministry of Transport on Monday requested the Railway Project Management Board strengthen oversight to ensure safety and security on the Cat Linh- Ha Dong elevated railway.

National Committee for e-Government established

 Prime Minister Nguyen Xuan Phuc has signed a decision on the establishment of a national committee for e-government on the basis of the national committee for application of information technology.

HCM City to promote solutions that reduce GHG emissions

 Ho Chi Minh City will push ahead with solutions to reduce greenhouse gas (GHG) emissions, joining the nation’s efforts to realise the Paris Agreement on climate change.

Ex-senior members of PVTEX brought to trial

 The Hanoi People’s Court on August 28 opened a trial of four former senior members of PVTEX for the charge of “deliberately violating State regulations on economic management causing serious consequences”.

Construction of Vietnam’s first creative park starts in Binh Dinh

 The Ho Chi Minh City-based TMA Solutions company on August 28 began the construction of the TMA creative park in Quy Nhon city of the central province of Binh Dinh, the first of its kind in Vietnam.

Large amounts of meth seized in Quang Tri, Nghe An

 The border guard force of central Quang Tri province on August 28 arrested a Lao man carrying 65.800 methamphetamine pills from Laos to Vietnam.

Fans rush to book last-minute tours to watch ASIAD football semifinal

 Travel companies in Vietnam are working at full capacity to serve the demands of fans hoping to watch their Olympic football team play live at the ASIAD semifinal match in Indonesia on August 29.

Biodiversity protection promoted on Cham Islands

The Management Boards of the Cham Island Marine Protected Area (MPA) and the Dong Nai Biosphere Reserve site have agreed to a Memorandum of Understanding (MoU) on co-operation for information exchanges, protection of biodiversity, 

Technological application will help Vietnam cut administrative costs

 A report was recently released on the costs of administrative procedure compliance in Vietnam, known as APCI, helping to quantify the costs that businesses have to bear in order to meet existing regulations.

Park Hang-seo: “I will do my utmost to bring Vietnam into final”

 “I love my motherland and expect the best things for the Republic of Korea (RoK), but as the coach of Vietnam’s Olympic team at present, it is my obligation to wholeheartedly prepare Vietnam for the upcoming semifinal,” said coach Park Hang-seo.

Vietnam attracts over US$24 billion FDI capital in eight months

 Vietnam has attracted US$24.35 billion worth of FDI capital in the first eight months of this year, an increase of 4.2% over the same period in 2017, the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment, has announced.

The best-known transfer pricing cases in Vietnam

Nearly 38 percent of foreign invested enterprises (FIEs) reported losses in 2017, a significant decrease from the 50 percent seen in previous years. However, transfer pricing by FIEs remains a headache for management agencies.

MobiFone welcomes new director

 Mr. Nguyen Dang Nguyen was appointed as the new director of Vietnam Mobile Telecom Services One Member Limited Liability Company (Mobifone).

Kha Trang represents Vietnam to participate in Super Model International 2018

 Vietnamese model Duong Nguyen Kha Trang will represent Vietnam to participate in Super Model International modeling contest 2018 on September 3 in Thailand.

Central bank adamant on credit growth cap

 Local credit institutions might struggle more in the second half of the year, with some even having to downsize full-year profit targets.

Condotel licensing halt may lead to turbulence

 A rapid increase in supply and the lack of a legal framework in condo hotels (condotel) have forced some local authorities in coastal locations to consider a temporary suspension of licences for new projects in the segment. 

Wind power needs some tailwind

 Despite the feed-in-tariff for wind power not being as high as for solar power, numerous investors still expressed willingness to develop projects.

Accelerating billion-dollar investment commitments

 Billion-dollar investments are committed left and right at investment promotion events across Vietnam, but how many of these will come true?

Lax rules open doors for online fraud

 With the e-commerce market booming, the sales of counterfeit and prohibited products have become increasingly widespread.

Japanese firm acquires Fecon Mining

 Asia Pile Holding, through its member Phan Vu Investment Corporation, will purchase 20.91 million of FCM stocks, equivalent to 51 per cent of Fecon Mining JSC, the largest pre-stressed concrete pile producer in the north of Vietnam.