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Is Vietlott still “hot”?

Vietnam Lottery Company (Vietlott) has just published its financial report for the first half of 2019, with a net revenue of only VND1.17 trillion ($50.87 million), down nearly 40 per cent on-year.

VN Start-up Day attracts nearly 200 Vietnamese and foreign start-ups

The 2018 Vietnam Start-up Day. This year the event will be held on August 23 and 24 at the Riverside Palace in HCM City’s District 4, with nearly 200 domestic and foreign start-ups in attendance.

 

Loss-making, low-profitability firms to be eliminated

Loss-making, low-profitability State-owned agriculture firms should be dissolved and made bankrupt, said Deputy Prime Minister Vuong Dinh Hue on August 21.

 

Foreign funds to exit logistics firm Gemadept

The UK-based Vietnam Investments (VI) Fund II LP plans to sell more than 58 million shares of logistics firm Gemadept JSC.

 

Global supply chains remain out of reach of VN businesses

Many Vietnamese companies in supporting industries that can produce high-quality parts are nevertheless struggling to enter large international supply chains or are only able to supply low-value items to them.

 

Vietnam set to surpass Malaysia in AFC Club Rankings

Following Hanoi FC’s first leg win over Altyn Asyr FC in the Inter-Zone Play-Off semifinals, Vietnam will overtake Malaysia in the AFC Club Competitions Rankings, according to Fox Sport Asia.

 

Vietnam, Cambodia reach cooperative contents in 28 sectors

Vietnam and Cambodia have signed the Minutes of Agreement on cooperative contents and programs in 28 sectors.

 

BUSINESS NEWS 22/8

Danang real estate market sees upbeat developments

Long-haul truck drivers illegally park on highway to sleep

Many long-haul truck drivers have been found parking their vehicles and sleeping along the HCM City-Trung Luong Expressway, causing traffic disorder and posing a risk of traffic accidents.

An Giang's highway collapses into the river

A 30-metre section of Highway No 91 in the Mekong Delta province of An Giang fell into the Hau River on Tuesday after the soil underneath it eroded.

Jordan Parra triumphs at Mekong Delta cycling event

Colombian Jordan Parra who competed for Ynghua Dong Nai took both overall yellow jersey and green jersey at the Mekong River Delta cycling tournament, known as the Gạo Hạt Ngọc Trời Cup, which finished in Can Tho Province on Tuesday.

Thai Son Kwiatkowski ousted from US Open

Vietnamese-American Thai Son Kwiatkowski was ousted from the men’s singles first qualifying round of the US Open on Tuesday.

Tra Vinh's top officials arrested in tax evasion probe

Two top officials of Tra Vinh City were arrested on Wednesday as part of a probe into a land tax evasion ring that caused estimated losses of nearly VND120 billion (US$5.2 million) to the Government.

Court announces sentences for land violations in Thanh Oai District

Hanoi People’s Court on Tuesday handed sentences to nine officials of Bich Hoa Commune for violations in land management.

HCM City to host two fashion weeks targeting Vietnamese brands

More than 100 garments for women and men created by Vietnamese fashion houses and designers will be showcased at the first Vietnam Runway Fashion Week to be held in HCM City this week.

Dancesports clubs in Vietnam want their own confederation

A total 147 dancesports clubs across the nation have asked the General Department of Sports and Physical Training to remove dancesports from the Viet Nam Gymnastics Federation's jurisdiction to reform a separate body.

TV show on fishermen in Ly Son Island airs

A TV series on the life of fishermen on Lý Sơn Island in central Quang Ngai Province attracted many viewers in the region after its first episode aired on HCM City Television (HTV) last weekend.

Scientists mull how to fight bacterial leaf blight of rice at global conference

The Cuu Long (Mekong) Delta should use technology to create rice varieties resistant to bacterial leaf blight, speakers told an international conference that ended on Tuesday in Can Tho.

Passion fruit processing pollutes environment in Dak Nong Province

Residents from Quang Tan Commune in Central Highlands Province of Dak Nong claimed their lives are being affected by a passion fruit processing facility in the region.

When a good policy turns into bad debts

Five years after the Government issued Decree 67, which aimed at supporting fishermen to build bigger and more modern steel-hulled boats, the decree has hardly been a panacea for the country’s fishermen.