Read what is in the news today, May 29!
-- Vietnamese Prime Minister Nguyen Xuan Phuc arrived at Noi Bai International Airport in Hanoi on Wednesday morning, concluding his Europe trip that lasted from May 20 to 29 and included stops in Russia, Norway and Sweden.
-- Vietnam always attaches importance to the development of friendship and cooperation with Cambodia, Politburo member Tran Quoc Vuong said on Tuesday as he received visiting Honorary President of the Cambodian People’s Party and President of the Cambodian National Assembly Samdech Heng Samrin in Hanoi.
-- Forbin, an anti-air frigate of the French Naval Force led by Col. Thomas Frioli, docked at the Sai Gon-Hiep Phuoc Port in Ho Chi Minh City on Tuesday, beginning a week-long friendship visit to the southern metropolis as part of the framework of the Vietnam-France defense cooperation plan for 2019.
-- An online gambling ring responsible for nearly VND4 trillion (US$171 million) worth of transactions was busted by police officers in the north-central province of Thanh Hoa on Tuesday. Nine suspects were captured while a national arrest warrant has been issued for a 22-year-old kingpin who is still on the run.
-- Four Vietnamese firms have been named in this year’s Global 2000 list by Forbes, an annual ranking of the world’s biggest and most powerful public companies. The four firms include three state-run lenders – Vietcombank, BIDV, and VietinBank – and conglomerate Vingroup.
-- Vietnamese firms have invested $183 million in overseas projects, including $98.3 million in newly-registered ones, in the first five months of 2019, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
-- Seven lenders in Vietnam – Vietcombank, Sacombank, TPBank, VietinBank, BIDV, Agribank and ABBank – on Tuesday began switching from magnetic stripe technology to chip technology for their domestic debit cards, being the first Vietnamese banks to make the transition pursuant to a government policy that looks to completely phase out magnetic stripe cards by the end of 2021.
-- Vietnam was one of the fastest-growing import sources of the U.S. in Asia in the first quarter of 2019 and could leapfrog Italy, France, the UK and India to rank seventh in the list of top exporters to the U.S. if its growth pace can be sustained for a full year, Bloomberg reported, forecasting Vietnam’s exports to the U.S. could hit nearly $69 billion this year.
-- A program featuring Korean culture will take place at the Vietnam Museum of Ethnology in Hanoi on June 1-2, offering visitors a chance to learn about similarities and differences between the Vietnamese and Korean cultures.
-- Eight art troupes from South Korea, Indonesia, Russia, Thailand, the Philippines, Sri Lanka, China and Vietnam are participating in the International Children’s Festival held in the ancient city of Hoi An in central Vietnam at the end of this month and in early June to celebrate the International Children’s Day (June 1).