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Investors balk at PPP projects lacking minimum revenue guarantees

 Despite keen interest in traffic infrastructure development projects in Vietnam, Japanese investors are unlikely to participate in public-private partnership (PPP) projects without minimum revenue guarantees.

MobiFone increases maximum capacity for data packages

In order to meet the demand of customers, Mobifone increased the data capacity of the basic Mobile Internet 3G/4G packages by more than 6 times from July 1 abg the prices of these packages remain unchanged.

Half of Saigon man’s lung cut due to fishbone bedding

 A 41-year-old man in HCM City has undergone a surgery to cut half of his lung because doctors discovered fish bone in his lung which was oozing pus causing him to cough for long time.

HCMC asks for self-determination over infrastructure projects

 HCM City would like to be given self-determination over project investment to speed up the progress of many infrastructure projects,said city Chairman Nguyen Thanh Phong at a conference between the central Government and local authorities yesterday.

Stock market sees foreign net purchase of $1.74bil.

 Foreign investors acquired more than 40.5 trillion VND (1.74 billion USD) worth of Vietnamese equities in net value in the first six months of the year, according to the State Securities Commission of Vietnam (SSC).

Four foreign investors lose opportunity at strategic stake in PV Oil

The government’s refusal to extend the deadline to look for strategic investors closes the gates for foreign investors looking for a strategic stake in Vietnam Oil Corporation (PV Oil).

Preferential tax rate cannot control car prices

 Despite the 0 per cent preferential tax rate, the price of CBU cars imported from ASEAN members keeps increasing, showing that tax rates cannot replace market mechanisms to control automobile prices.

Mai Linh merges subsidiaries to compete with Grab

 Taxi operator Mai Linh Group will merge Mai Linh Central JSC and Mai Linh Northern JSC in an effort to streamline its cumbersome operations and concentrate resources to compete with Grab.

New regulation on product quality exams may kill businesses

Under the new regulation released by the Ministry of Science & Technology (MST),  agencies, during inspections, have the right to seize products and stop production of enterprises if they discover violations in product quality. 

Hanoi expands iParking in July

 VietNamNet Bridge – Hanoi will expand the use of the iParking app at 146 parking lots across the city this month.

Railway company asks for subsidy after running into losses

 VietNamNet Bridge – Ha Noi Railway Transport Joint Stock Company has asked for a Government subsidy after suffering losses due to a lack of passengers.

CAAV asks U.S. for aviation safety assessment

The Civil Aviation Authority of Vietnam has asked the United States Federal Aviation Administration to carry out the International Aviation Safety Assessment program in Vietnam.

Puerto Rican pop star Luis Fonsi arrives in Danang

Luis Fonsi, whose hit track “Despacito” attracted more than 5 billion views on Youtube, arrived at Danang airport on July 3.

Hanoians hide from scorching heat

People in Hanoi are finding many ways to shade themselves from the blazing sun while travelling on streets including wearing long coats or blankets.

Illegal foreign currency transport detected at Tan Son Nhat Airport

 Customs officers at Tan Son Nhat International Airport have discovered foreign currency being illegally brought out of the country.

Binh Dinh residents protest against solar project

 Locals in Chau Truc Village, Binh Dinh Province have opposed against a solar plant project as they claim the area they often fish in will be used by the project.

Hot weather increases sickness among children

 More people, particularly children, have been hospitalised due to the scorching heat which is ravaging the country’s northern and central regions.

Soldiers’ remains discovered in durian garden

 Nine sets of remains of soldiers who died in the American War have been found in a durian garden in Dong Nai Province.

VN market worst performer in Asia

 Massive selling pressure hit many large-caps, drowning the market, making VN-Index become the biggest loser index in Asia on Tuesday session.

VN designs shortlisted for World Architecture Festival

 VietNamNet Bridge – Designs by Vietnamese architects have been shortlisted for the World Architecture Festival (WAF).