​Breakfast @ Tuoi Tre News – June 30

Read what’s in the news today, June 30!

Politics

-- Deputy Vietnamese Prime Minister Vuong Dinh Hue on Friday spoke of Vietnam’s socio-economic development and policies during discussions within the Vietnam Executive Leadership Program (VELP) in Massachusetts as part of his working trip to the U.S.

Society

-- As the 2018 FIFA World Cup in Russia concludes its group stage with unexpected results, many people in Vietnam have fallen victim to illegal betting activities that leave them empty-handed and lead to a sudden increase in suicide attempts nationwide.

-- A new overpass was inaugurated on Friday at the busy My Thuy intersection in District 2, Ho Chi Minh City as transport officials are optimistic the construction would help reduce traffic congestion in the area by 40 percent.

-- Works to bore the second underground tunnel for the first metro line in Ho Chi Minh City was finished on Friday after roughly five months of construction, renewing hopes that the entire project could be done by 2020.

-- Police on Friday neutralized two remaining members of a highly dangerous drug ring who continued to hold their ground inside solidified bunkers in the northern province of Son La after their gang leaders had been killed the day earlier in a police shootout.

-- Vietnam’s General Department of Taxation is set for a major revamp of its organizational structure by streamlining up to half of locality-level tax departments nationwide by the year 2020 as well as paying an incentive for old officials to retire early to make space for younger personnel.

-- Thousands of residents in District 7, Binh Chanh District and Nha Be District in Ho Chi Minh City have reported of an unbearable foul smell entering their homes in recent days, which many suspect have been carried by the wind from a nearby dumpster.

Business

-- Vietnam posted a trade surplus for a second year in a row in 2017 at US$2.9 billion. The government has targeted exports this year to grow eight to ten percent from 2017, Reuters reported on Friday.

-- A former general director of state-owned PetroVietnam Biofuels JSC (PVB), a subsidiary of the scandal-hit Vietnam Oil and Gas Group, has been arrested and prosecuted for violations in construction investments that led to substantial losses to state assets.

-- The US dollar to Vietnamese dong exchange rate hit a record high on Friday, at VND23,018 per US$1, as a result of a global hike in USD prices.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!