Will VNG list shares on Nasdaq? Le Hong Minh, Chairman and CEO of VNG and Bob McCooey, vice president of Nasdaq, sign a preliminary agreement to move IPO process forwardNasdaq is the second largest bourse in the world, and it sets strict requirements on companies which want to list their shares. It is the destination point of big names in the world, from Apple, Microsoft, Google to Facebook, Ebay and Amazon. it needs to compete with global products and approach capital from global investors.Minh affirmed that VNG can satisfy all the requirements to be eligible for listing shares on Nasdaq. They can also list shares on Nasdaq but there is no need to list on HSX or HNX first.
June 22, 2017 01:41 UTC
HCM City calls for private investment in waste water treatmentVietNamNet Bridge - As state and local budgets are limited, calling for private investment in waste water treatment is considered the most feasible solution for now. As state and local budgets are limited, calling for private investment in waste water treatment is considered the most feasible solution for now. The current total waste water treatment capacity is 890,000 cubic meters per day, which means a treatment proportion of 12-13 percent. According to Nguyen Hong Tien from the ministry, Vietnam will strive to have 15-20 percent of waste water to be treated to meet standards by 2020. RELATED NEWSHa Long Bay surrounded by waste water, garbageEnvironment first, FDI laterThanh Lich
June 22, 2017 01:18 UTC
Content industry will be ‘king’ in OTT gameVietNamNet Bridge - The content industry is expected to control the OTT game, and content producers will design the rules of the game, experts believe. Television revenue is flowing to OTT service providers. Content and technology firms, internet service providers and television stations all have jumped into the OTT battle. While television’s revenue has been flowing into OTT service providers, content is the ‘king’ and not influenced by the OTT ‘flood’. RELATED NEWSZalo attracts 2 million Myanmar users after four months of operationMobile network operators move noisily to OTT service marketBuu Dien
June 22, 2017 00:33 UTC
On the Hà Nội Stock Exchange, the HNX-Index was down 1.12 per cent to end at 98.68 points. The northern market index expanded 1.5 per cent in the last two trades. Three largest listed lenders – Vietcombank (VCB), Vietinbank (CTG), BIDV (BID) – slipped 3.2 per cent, 3.1 per cent and 1.2 per cent, respectively. In another event that affected the market, MSCI on Wednesday announced the results of a market classification review following which, despite high expectations of investors, the Vietnamese stock market has yet to be included in the emerging market index and will remain a frontier market. “Therefore, Việt Nam still has room to be considered for inclusion in the emerging market index and this information could return and support the VN-Index in the medium term,” Yến said.
June 22, 2017 00:05 UTC
HÀ NỘI — Over 866,000 students across the country gathered at 2,364 testing locations yesterday afternoon to complete all registering procedures for the three-day National High School Exam, the all-important exam students spend 12 years preparing for. As of 2015, high school graduation and university entrance exams have been mixed into one national exam called the national high school exam. The results of the national high school exam are considered for both high school graduation and university admissions. In a related movement, the Hà Nội’s Education and Training Department yesterday announced results of the high school entrance exam. Around 76,000 students in Hà Nội attended the high school entrance exam last Friday.— VNS
June 22, 2017 00:00 UTC
On June 12, the National Assembly passed the Law on Support for Small- and Medium-sized Enterprises (SMEs). The Law on Support for Small- and Medium-sized Enterprises (SMEs) was approved by the National Assembly recently. This is good news for the business community, because after 15 years since the term Small- and Medium-sized Enterprises (SMEs) entered our business lexicon, the nation has a law stipulating support policies for SMEs. Although the law has passed, there are worries about its effective implementation, because previous support policies have failed to meet expectations. I believe that the law will ensure support policies are more correct and efficient.
June 22, 2017 00:00 UTC
Tomorrow night, Heritage Space will present Hidden Beat – Vol 1 featuring the Hanoing Jazz Band – a multinational band that consists of 18 musicians whose performances are reminiscent of the big band days. The event is sure to be a lively night that will leave audiences tapping their toes and swinging to the rhythm. The Hidden Beat – Inspire Your Heart series was created to express the inspirational power of music. Heritage Space aims to support independent artists and groups, as well as to act as a ‘bridge’ linking audiences and artists.
June 21, 2017 20:03 UTC
Software piracy is a recognised global problem and three in five personal computers in the Asia Pacific were found to be using non-genuine software in 2016. However, using pirated software exposes users to a plethora of cyber threats. Pirated software remains a lucrative revenue stream for many cybercriminals and unscrupulous vendors. The Asia Pacific commercial market of non-genuine software hit a high of US$19 billion in 2016. The most effective defense against malware from pirated software is to use genuine software products.
June 21, 2017 12:00 UTC
Trần Việt Dũng, deputy director of VCCI Exhibition Service, said the Vietnamese manufacturing industry continues to grow strongly, attracting more investors’ attention and leading to an increasing need for advanced manufacturing solutions. — VNS PhotoHCM CITY — MTA Vietnam, the annual precision engineering and manufacturing technology expo for Việt Nam and the region, returns to HCM City next month. It is expected to offer manufacturing professionals opportunities to network, exchange expertise and knowledge and seek business opportunities. Trần Việt Dũng, deputy director of VCCI Exhibition Service, local organiser of the expo, said the Vietnamese manufacturing industry continues to grow strongly, attracting more investors’ attention and leading to an increasing need for advanced manufacturing solutions. MTA Vietnam serves as a catalyst for this by providing access to the latest manufacturing technology and equipment, further helping improve and enhance domestic manufacturing capabilities, he said.
June 21, 2017 11:37 UTC
HÀ NỘI — Hà Nội’s People’s Committee has proposed a roadmap to revoke outdated motorbikes that discharge harmful substances into the environment. In Hà Nội alone, more than 5.2 million motorbikes were operating, of which half were reported to have been manufactured in the nineties. However, motorbikes discharge a large amount of emissions. In many countries, the inspection of emission discharge of motorbikes in use for more than five years was compulsory, it said. Between next July and December 31, 2019, the city will conduct emission discharge tests on motorbikes with cylinder capacity of more than 175cu.cm and revoke worn-out vehicles.
June 21, 2017 11:26 UTC
HÀ NỘI — Stronger export growth and a continued rise in investment suggest Việt Nam’s GDP growth will go back above 6.5 per cent in 2017, after a slowdown to 6.2 per cent in 2016. Priyanka Kishore, ICAEW economic advisor & Oxford Economics lead economist, said that rising foreign direct investment (FDI) levels are fundamental to Việt Nam’s growth. Việt Nam’s medium-term growth is on track to reach an above-trend 6.7 per cent in 2017-2018 period. Mark Billington, regional director, ICAEW South East Asia, said “Việt Nam’s growing role as an outsourcing and low-cost food and industrial supplier will continue to drive robust export growth. Economic Insight - South East Asia is produced by Oxford Economics, ICAEW’s partner and economic forecaster.
June 21, 2017 11:15 UTC
Energy efficiency database compiledVietNamNet Bridge – A database of energy efficiency in 280 large buildings in Viet Nam’s five biggest cities has been compiled and analysed under a four-year programme by the Ministry of Construction and the United States Agency for International Development. Vice minister of construction Phan Thi My Linh delivers speech at the event in Ha Noi yesterday. The first ever National Building Energy Performance Database includes the cities of Ha Noi, HCM City, Da Nang, Hai Phong and Can Tho. Thoa said five demonstration projects stimulating buildings’ energy usage in Ha Noi and HCM were also completed, and the buildings were upgraded. The buildings included the Ha Noi Energy Manager Training Centre, the State Securities Commission of Viet Nam, Viet Nam National Construction Consultants Corporation, the Truc Bach Building Complex and HCM City’s Capital Place.
June 21, 2017 10:41 UTC
Visitors enjoy summer entertainment on beach of Da NangFood courts, an arts space and nightly musical performances are on display at Au Co Park on My Khe Beach from 4pm till 10.30pm during the Summer Destination Week at the central city’s East Sea Park. A chef cooks for gastronomers and visitors at the East Sea Park in Da Nang. Visitors can explore local cuisine and visit beach bazaars through this weekend. Local artists also set up an art space on beach with ocean scenery and nature paintings on coracles. My Khe Beach will host water-motor, jet-ski, kite flying and board-surfing in the morning and evening.
June 21, 2017 10:41 UTC
Cyclists to challenge the Son Tra Mountain RaceMore than 100 amateur cyclists will partake in the Son Tra Mountain race on Sunday (June 25) promoting the protection of the red-shanked douc langur in the Son Tra Nature Reserve. A zigzag road of Son Tra Mountain offers scenic bike race for riders. Chairman of the city’s bicycling association Do Anh Tuan told Viet Nam News that the race aims to encourage local residents and tourists to help protect nature and wildlife in Son Tra Nature Reserve. They will then start a 7km uphill race to the Son Tra Mountain Peak, at Ban Co Mount, 573m above sea level. The Son Tra Nature Reserve, 10km away from Da Nang's centre, is known for its rich biodiversity, with 287 animal species and 985 plant species.
June 21, 2017 10:30 UTC
E-hailing cab projects not stopped, says ministryThe Ministry of Transport on Tuesday clarified on its website that it has not issued any instructions to stop the pilot implementation of passenger e-hailing projects such as Grab and Uber. The ministry issued the note after several online newspapers published reports recently that the pilot e-hailing project has been halted. In Hanoi, 7,000 cars and 19,200 traditional taxis have joined these e-hailing projects. Previously, the ministry has admitted that the number of cars joining the e-hailing projects was increasing rapidly and that it would tighten their management. In the draft amendments to Decree 86 on transportation management, the ministry has put Uber and Grab into items for management.
June 21, 2017 10:18 UTC