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Vietnam’s private sector overburdened with costs
Friday,  Jun 23,2017,21:12 (GMT+7)
HANOI – Vietnamese private enterprises are overburdened with formal costs, let alone informal expenses and harassment, so they can hardly develop, experts said at a forum in Hanoi on June 22.
Politburo gets tough on 12 loss-making projects
Friday,  Jun 23,2017,21:12 (GMT+7)
HANOI – The Politburo is resolute to handle 12 loss-making megaprojects, affirming the State budget would no longer be used to finance these projects.
Vietjet and Safran sign fuel efficiency agreement
Friday,  Jun 23,2017,21:10 (GMT+7)
HCMC – Vietjet Aviation Joint Stock Company and France’s high-technology group Safran inked a service agreement on a fuel efficiency solution on June 21 during the Paris Airshow 2017 in France.
Auto enterprises propose import duty reduction
Friday,  Jun 23,2017,21:04 (GMT+7)
HCMC – Vietnam’s auto manufacturers and assemblers have proposed the Government reduce import duty on auto parts so that they can sell cars at more competitive prices than those of completely-built-up vehicles imported from regional countries.
Vietnam’s cloud computing expenditure grows strongly
Friday,  Jun 23,2017,21:04 (GMT+7)
HANOI – Vietnam’s spending on cloud computing had the fastest growth rate among ASEAN countries during the 2010-2016 period, but the absolute number is still insignificant, said Dr. Vu Minh Khuong from the Lee Kuan Yew School of Public Policy in Singapore.
Round-up
Friday,  Jun 23,2017,21:02 (GMT+7)
Omni-channel emerges as new retail business model
Friday,  Jun 23,2017,10:12 (GMT+7)
HANOI – In the context of booming e-commerce, traditional commerce will not become extinct but will serve as a supporting channel for online sales, experts said at a conference on retail development held by Forbes Vietnam in Hanoi on June 22.
Taxi assoc accuses Uber, Grab of ignoring transport contract requirement
Friday,  Jun 23,2017,10:12 (GMT+7)
HCMC – The Hanoi Taxi Association on June 22 lodged a complaint to authorities accusing Uber and Grab ride-hailing service providers of violating a regulation that drivers must have with them the list of passengers if they transport two or more people on a contractual basis.
Social Insurance Fund may get nod to invest in high-return projects
Friday,  Jun 23,2017,10:11 (GMT+7)
HCMC – The Vietnam Social Insurance (VSI) reports accumulated revenue of a whopping VND500 trillion (about US$22 billion), so part of the fund may be used to invest in high-return national projects apart from the bulk being used now to buy Government bonds.
Japan assists Vietnam in managing construction projects
Friday,  Jun 23,2017,10:11 (GMT+7)
HCMC – The Japan International Cooperation Agency (JICA) and Vietnam’s Construction Ministry co-organized a training workshop on management of construction projects in HCMC on June 22 as part of a technical assistance program by Japan to help Vietnam improve construction quality and better control costs.
Houses on farmland in HCMC can be reconstructed
Friday,  Jun 23,2017,09:42 (GMT+7)
HCMC – Existing houses on farmland that had been in use prior to July 1, 2006 can be repaired, upgraded or reconstructed with a height limit of three storeys, according to a new decision on construction licensing issued Tuesday by the HCMC government. 
Leaking dam threatens two northern cities
Friday,  Jun 23,2017,09:32 (GMT+7)
HCMC – Two cities and other districts are at risk as the dam of Nui Coc Reservoir in the northern province of Thai Nguyen is leaking, local media reports.
Vam Cong and Cao Lanh bridges ready this year
Friday,  Jun 23,2017,09:01 (GMT+7)
HCMC – Two key traffic infrastructure projects – Vam Cong Bridge and Cao Lanh Bridge connecting peripheral areas of the Mekong Delta to its center – will be completed this year.
Ministry okays four lanes for Trung Luong-My Thuan expressway
Thursday,  Jun 22,2017,23:41 (GMT+7)
CAN THO – The Ministry of Transport has approved the adjustment of Trung Luong-My Thuan expressway project in which phase one of the road will have four lanes rather than two.
Environment official sacked over Formosa’s violations
Thursday,  Jun 22,2017,23:39 (GMT+7)
HANOI – Luong Duy Hanh, director of the Environmental Protection and Control Department under the Vietnam Environment Administration (VEA), has been dismissed for his dereliction of duty related to Formosa Ha Tinh’s discharge of toxic industrial waste that polluted the central coast.
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