Read what is in the news today, June 10!

Society

-- Vietnam’s Prime Minister Nguyen Xuan Phuc underlined the need to take practical and concrete measures to control and reduce plastic waste while launching a national campaign on plastic waste prevention in Hanoi on Sunday.

-- Airport announcements at the Tan Son Nhat International Airport in Ho Chi Minh City will be reserved for change of boarding gate announcements only starting July 1 for the international terminal (T2) and from October 1 for the domestic terminal (T1) as the airport authority looks to address noise pollution concerns at the southern hub.

-- Vietnam’s Ministry of National Defense has submitted a plan to the Ministry of Construction on the relocation of headquarters and offices of 14 ministries, state industries and central bodies away from the downtown area of Hanoi to a 35-hectare plot of land west of the capital’s West Lake by 2030.

Business

-- Vietnam’s Ministry of Planning and Investment is holding the first edition of an annual venture summit that kicks off in Hanoi on Monday as the Vietnamese government looks to create a dialogue platform with major international venture funds as well as domestic funds. 

-- Ho Chi Minh City attracted US$2.77 billion in foreign direct investment (FDI) in the first five months of 2019, up 49 percent year-on-year, with nearly half of these investments poured into the real estate sector, according to the municipal administration.

-- The Vietnamese economy is expected to grow at around 6.7 percent this year, the fastest rate in Southeast Asia, according to a recent report by the Institute of Chartered Accountants in England and Wales’.

-- SK Group, the third largest conglomerate in South Korea, has announced its plan to set aside $30 million in funds to build Vietnam’s National Innovation Centre (NIC), located inside an industrial park in Hanoi. NIC will host some 40 big technology companies and 150 startups, plus 15 venture investment funds upon its expected completion next year.

-- Vietnam, as an active member of the Association of Southeast Asian Nations (ASEAN) and the bloc’s first member state to sign a free trade agreement with the Eurasian Economic Union (EAEU), is willing to work as a bridge to help the EAEU and Russia expand trade and investment ties with ASEAN, Deputy Minister of Industry and Trade Hoang Quoc Vuong said at a business dialogue in Russia

-- Vietnam’s conglomerate Vingroup on Monday launched construction of another smartphone factory in the Hoa Lac Hi-Tech park in Hanoi, capable of manufacturing 125 million devices per year, 25 times more than its current factory in the northern province of Hai Phong.

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