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PM’s summit attendance affirms VN’s commitment to MRC cooperation

The participation in the third Mekong River Commission Summit by PM Nguyen Xuan Phuc is the affirmation of Vietnam’s care for and strong commitment to the cooperation within the MRC.

Vietnam among top 10 countries affected by Cambridge Analytica scandal

Vietnam is among top 10 countries in which information of Facebook users may have been improperly shared with Cambridge Analytica, according to Facebook chief technology officer Mike Schroepfer.

World Bank report: Vietnam continues to reduce poverty

 Poverty in Vietnam continues to fall, particularly amongst ethnic minorities, who saw their rate of poverty decline significantly by 13 percentage points, the largest decline in the past decade, says a new World Bank (WB) report.

VN-Index rises for second day to exceed 1,193 points

The benchmark VN-Index rose for the second day, gaining 1.63 points to stay at 1,193.17 points on April 5. 

Garment-textile sector earns $8 billion from exports in Q1

 Garment-textile export turnover reached nearly 8 billion USD in the first quarter of 2018, a year-on-year rise of 13.3 percent. 

Investors in public-private partnerships fear changing state policies

Investors are reluctant to pour money into infrastructure projects under the PPP (private public partnership) mode because of fear of new policies which could lead to losses or bankruptcy.

Quang Ninh temporarily stops licensing karaoke services

 VietNamNet Bridge – The northern province of Quang Ninh will temporarily suspend the licensing of karaoke and discotheque services throughout the province to complete planning for these activities.

HCM City to raise bus fares

 VietNamNet Bridge – HCM City Public Transport Management Centre has proposed raising the bus fares by VND1,000 (4 US cents) to recover the costs of purchasing new buses.

Vietnamese most concerned about poverty: report

 VietNamNet Bridge – Poverty was the most troubling issue for the Vietnamese population in 2017, despite the country’s impressive economic growth over the last decade, said a report released on Wednesday morning.

AFC fines Thanh Hoa for violation

 VietNamNet Bridge – The Asian Football Confederation (AFC) has fined Vietnamese club FLC Thanh Hoa US$6,000 for their violation in the AFC Cup 2018.

Former police major jailed for forest destruction

 VietNamNet Bridge – Dak Glong District People’s Court in Central Highlands province of Dak Nong on Thursday sentenced a former police major to nine months in prison for the crime of forest destruction.

27 defendants prosecuted in VAT fraud case

 VietNamNet Bridge – The People’s Court in the Mekong Delta province of An Giang has sentenced 27 defendants in a case of illegal trading of value added tax (VAT) invoices.

Minh lose to Takeshita at Osaka International Challenger

One of Vietnam’s top badminton players, Vu Thi Trang, No 5 seed at the Osaka International Challenger 2018, defeated Yuki Suzuki of Japan yesterday in their women’s singles match to enter the next round of competition.

Tiny rice balls satisfy major cases of the munchies

 VietNamNet Bridge – Working late in the afternoon on an empty stomach always leads to a strong case of the munchies.

BUSINESS IN BRIEF 6/4

 Coffee export volumes jump, value falls in Q1, Banks prohibited from disbursing loans in cash, Eximbank: Back to the fingerprint business, Q1 2018: Export of key farm produce surges           

Travelers pay high fees for low-cost tours run by disreputable firms

VietNamNet Bridge - More and more travelers have lodged complaints about the quality of low-cost tours and the irresponsibility of travel firms. 

Students confused about vocation choices as counseling remains weak

VietNamNet Bridge - High schools have been criticized for many years for their poor career counseling. 

Ha Long – Cat Ba heritage management needs reform

Vietnam is making hectic preparations to submit an application for UNESCO recognition of Ha Long Bay – Cat Ba Archipelago as an expanded World Heritage Site. 

Vietnamese hackers earn VND1 billion a month selling Facebook accounts

VietNamNet Bridge - Hackers are creating phishing pages and websites with interfaces similar to Facebook’s, to steal users’ names and passwords. 

Intellectual Property law changes

 Bui Nguyen Hung, director general of the Copyright Office, under the Ministry of Culture, Sports and Tourism, speaks to the newspaper New Hanoi about how Decree 22 will interpret changes made to the 2009 Law on Intellectual Property Rights