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Parents say there are too many “useless” competitions for students

VietNamNet Bridge - Huynh Thanh Hoa, a media executive at an ad firm in Hanoi, has not worked extra hours recently, even though her firm is preparing for a big event to take place in two weeks.

Global trade opens to VN companies

 Upon the entry into force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, great opportunities for Vietnam will usher in export and import market expansion, as well as an ease in rule of origin. 

Masan bids adieu to $217.39 million capitalisation

 Masan lost VND5 trillion ($217.39 million) capitalisation due to a draft introducing new standards for fish sauce, which many producers find impossible to surmount.

Nha Trang hotels violate construction, fire control regulations

 Authorities of the southern-central province of Khanh Hoa have announced a list of 21 hotels guilty of violations.

HCM City tightens control over illegal city centre parking

 Police in HCM City's District 1 worked overnight to deal with illegal parking on March 24-25.

Eximbank announces new Chairwoman of Board of Directors

Vietnam Export-Import Bank (Eximbank) announced on March 22 that it appointed Luong Thi Cam Tu, a board member of Eximbank, as the new Chairwoman of the Eximbank’s Board of Directors in the 2015-2020 tenure.

Father kills newborn son over family quarrel

 A father in the central province of Nghe An has been arrested after throwing his seven-day-old son into a well which led to the baby's death.

New policy to speed up bad debt settlement

 The central bank is drafting a new circular regulating credit institutions’ trading and handling of non-performing loans (NPL) with the aim of forcing the institutions to focus more on bad debt settlement.

VN companies urged to prepare for US-China trade war impacts

 With trade protectionism increasing, Vietnamese companies should prepare for trade-related lawsuits and disputes but also capitalise on possible opportunities from the ongoing US-China trade war, a top trade remedy official has said.

HCM City solicits foreign-invested firms’ support to develop economy

 HCM City has called on foreign-owned enterprises to further contribute to its development by sharing their experience, ideas and technologies as well as investing in large projects.

Retailers stop iPhone 8 distribution because of low demand

Dang Thanh Phong from The Gioi Di Dong has confirmed with Nguoi Lao Dong that the leading mobile phone distribution chain in Vietnam has stopped selling the iPhone 8 because of the slow sales of the model. 

VN households receive financial support to install solar rooftop systems

Tran Dinh Nhan, general director of Electricity of Vietnam (EVN), said that only 1,800 households have installed rooftop solar power systems in the last two years, with total capacity of 30 MW, a small figure compared with the potential. 

Vietnam retail market lacks cohesion

 Since joining the World Trade Organization in 2007, Vietnam’s retail sector has made big strides. However, shortcomings are still evident as it lacks connections between retailers.

Naval soldiers in the fight against smugglers

The Coast Guard Zone 3 has for many years fought criminals in the country’s East and Southeast sea, especially drug and fuel smugglers. 

Gia Lai province preserves archaeological sites

 With over 20 archaeological sites, An Khe township in the Central Highlands province of Gia Lai is drawing much attention from scientists and local authorities have made efforts to preserve and uphold the values of these sites.

Vietnamese software company becomes Dell EMC’s highest-level partner

 FPT Information System (FPT IS), a subsidiary of Vietnam’s biggest software producer FPT Group, has become the highest-level partner of Dell EMC in storage solution. 

Government takes bold measures to ensure safety of finance system

 Poorly-performing State-owned people’s credit funds will be merged, acquired or dissolved to ensure the safety of the country’s finance and banking system.

NA Chairwoman Nguyen Thi Kim Ngan pays official visits to Morocco, France

 National Assembly Chairwoman Nguyen Thi Kim Ngan will make official visits to Morocco and France.

Red tape reduction needed to bolster growth in HCM City: foreign experts

 Foreign experts have urged the HCMC government to cut red tape and enhance transparency to create a more conducive business environment, reported the local media.

Vietnam's food processing industry sees stable growth

 Foreign and domestic investment has led to an annual growth rate of 10 percent for the food processing industry sector in recent years.