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Kien Giang cracks down on violators of land-use regulations

The Mekong Delta province of Kien Giang’s People’s Committee has instructed inspection teams to impose severe fines on violators of laws on construction, land subdivision, and illegal deforestation.

Hue holds event honoring lotus flower

 VietNamNet Bridge – Over the weekend, the city of Hue held an event celebrating the lotus flower as part of its festive days.

Japan to recruit labourers in central Vietnam

The ASEAN Car Business Career Company of Japan plans to recruit more than 220 automobile engineering students from Da Nang-based Dong A College to work in the Japanese car industry later this year.

Quang Binh seeks $4b from investors

 The central province of Quang Binh hopes to grant investment licences and sign commitments to implement projects with a total investment capital of up to US$4 billion during an upcoming investment promotion conference.

Central Highlands’ pepper growers in debt as prices fall

 Pepper growers in the Central Highlands province of Gia Lai are facing debt as the price of black pepper has plunged in recent years.

Stocks seen staying negative on investor fears

 The recent volatility of global stocks and the outflow of foreign capital have dampened investors’ confidence in Vietnamese shares in the past few weeks and the troubles are forecast to last into the near future.

Japanese investors pour $4.2 billion into Dong Nai province

 As of June 2018, Japanese businesses invested in nearly 240 projects with total registered capital of over 4.2 billion USD in Dong Nai, ranking third among more than 40 countries and territories pouring investment in the southern locality.

Vietnam U19 draws with Thailand U19 in AFF tournament

 Vietnam’s U19 team struggled to draw with their rival, defending champion U19 Thailand, in the ASEAN Football Federation (AFF) U19 Championship which took placed in Indonesia on July 1.

Gov’t urges speedy approval of new plan for Phan Thiet Airport

 VietNamNet Bridge – The government has urged the Ministry of National Defence and other agencies to approve the adjustment plan for the combined civilian and military Phan Thiet Airport in Binh Thuan Province.

Vietnam’s steel industry faces more lawsuits

VietNamNet Bridge - Vietnam’s steel and steel products have been subject to many anti-dumping lawsuits in recent years.

Events in Hanoi & HCMC on July 2-8

A selection of noteworthy artistic and cultural events that will take place in Hanoi and Ho Chi Minh City from July 2 to 8.

Foreign real estate developers flock to Vietnam

 Together with Singapore, Malaysia, and Indonesia, Vietnam is one of the first priorities of foreign investors in infrastructure and real estate development.

Vietnam reports first billion-dollar FDI projects of 2018

 Soaring foreign investment in the M&A sector may turn the tides of continuously decreasing FDI inflows in the first six months of the year, especially with the appearance of billion-dollar projects.

More than 64,500 new firms established in first half of 2018

 More than 64,500 enterprises were established with a registered capital of approximately VND649 trillion (US$28.4 billion) over the first six months of the year, General Statistics Office data has revealed.

Ho Chi Minh City summer book fair opens

 The Ho Chi Minh City Book Distribution Joint Stock Company (FAHASA) has opened the 2018 Summer Book Fair in Ho Chi Minh City.

VEAM valuated at billions of dollars despite mounting losses

 Although the business results in VEAM's major sectors are not good, VEAM’s ticker received higher valuation due to the firm’s affiliation with three leading automobile manufacturers.

Grab unable to fill ride-hailing market alone

 Grab's high discounts, difficulties in managing drivers, and limited services are creating opportunities for competitors, including Mai Linh, ABER, FastGo, and lately Go-Jek, which has just confirmed officially entering Vietnam in July.

Deputy PM Vuong Dinh Hue wraps up US visit

 Deputy Prime Minister Vuong Dinh Hue on June 30 visited Omni Parker House where late President Ho Chi Minh worked from 1911-1913 during his journey to seek a way for national liberation as part of his working visit to the US.

Vietnam attends regional ministerial meeting in Japan

 A Vietnamese delegation led by Minister of Industry and Trade Tran Tuan Anh attended the fifth Inter-sessional Ministerial Meeting of the Regional Comprehensive Economic Partnership (RCEP) which opened in Tokyo on July 1.

Hanoi’s high school double-qualification program below expectations

VietNamNet Bridge - Hanoi has announced it will begin implementing a double-qualification training program for high school in the 2018-2019 academic year. However, many problems still exist.