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HCM City seeks to become global financial hub

HCM City has committed to develop a detailed plan to turn the city into a regional and international financial hub after years of delay in carrying out the ambitious goal.

 

Vietnamese firms urged to transform in digital age

The internet and smartphones are having a profound impact on consumers in many areas and offering manufacturers and retailers the opportunity to promote their products, a seminar heard in HCM City yesterday

 

Vietnam Health Ministry urges stronger efforts to prevent dengue fever

The Ministry of Health has urged localities across the country to step up efforts to prevent the spread of dengue fever, which is at the peak season.

 

VN police launch criminal proceeding against Chinese national for asset misappropriation

Police in the northern coastal province of Quang Ninh on July 18 launched criminal proceedings against Wei Hong Qiu, a Chinese national, for “swindling to appropriate assets”.

 

Violations involving $2.16 billion uncovered in Vietnam in first half of 2019

Wrongdoings involving nearly 50.34 trillion VND (2.17 billion USD) and over 1,000 ha of land were found during the first six months of 2019, heard a teleconference of the inspection sector in Hanoi on July 18.

 

Vietnam joins int’l rescue competition in Malaysia

Eight teams from seven countries and territories, including Vietnam, took part in an international rescue competition in Kuala Lumpur, Malaysia, on July 18.

 

Chinese electricity import increase proposed

The Ministry of Industry and Trade has proposed an increase in Chinese electricity imports to ease the domestic power shortage.

Thousands of traffic violations reported in HCM City

Traffic police have dealt with thousands of violations in HCM City three days after launching a national traffic inspection.

Regional minimum wages to increase over US$ 10.3 next year

The Ministry of Labor, Invalids, and Social Affairs (MoLISA) has recently issued a draft decree on regional minimum wage increase in 2020. Accordingly, wage hike will range from VND 150,000 to VND 240,000.

 

Vietnam suffers the most offline cyber attacks in all Southeast Asia

Vietnam suffered the most offline cyber attacks in all of Southeast Asia and the 30th most in the world in the second quarter of this year.

 

BUSINESS NEWS 19/7

Ministry asked to speed up public investment disbursement

 

HCM City bus operators may face CNG supply cuts

Bus operators in HCMC that use compressed natural gas (CNG) for their vehicles may face an undersupply as a CNG supplier has announced plans to reduce its current supply by 20%-30% for the rest of 2019.

 

Former BIDV chairman Tran Bac Ha dies in prison

Former Chairman of the Bank for Investment and Development of Vietnam (BIDV) Tran Bac Ha died on Thursday at the age of 63 after a long illness.

 

High-value property transactions must be reported

The Ministry of Construction has told the local construction departments to force property traders and exchanges to report cash transactions of VND300 million or more. 

 

Trade pacts bring opportunities for Vietnam seafood industry's sustainable growth

The seafood industry must envision a long-term strategy to make full use of new trade pacts and prepare for problems that might arise when they take effect, Truong Dinh Hoe, VASEP general secretary, said.

 

District and commune-level administrative units to be reduced

As many as 20 districts and 539 administrative units at communal and ward levels will be streamlined under a plan of rearrangement of administrative units, said Phan Van Hung, the Ministry of Home Affairs' Local Administration head.

 

Water discharge sweeps away good microbacteria on To Lich River

Discharging water from the West Lake into the To Lich River swept away good micro-bacteria created by nano-bioreactor panels which were put into To Lich River two months ago, according to the Japan Environment and Trade Promotion Organisation.

Traffic police launch vehicle inspections nationwide

Traffic police have kick-started a nationwide campaign to inspect coaches, passenger cars, container trucks and motorbikes in an effort to prevent serious accidents.

Four children drown in Khanh Hoa

Four children aged 5-7 in Khanh Hoa Province drowned on Wednesday in a pond, a local newspaper reported.

Four charged over forest fires in Ha Tinh

Police in Huong Son District, Ha Tinh Central Province have charged three people for causing a forest fire.