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Morning Digest
Friday,  8/10/2018, 09:25 

Morning Digest

The Saigon Times Daily

An unidentified person counts U.S. banknotes. Vietnam borrows over US$33 billion of ODA, preferential loans – PHOTO: VGP

Vietnam borrows over US$33 billion of ODA, preferential loans

Vietnam signed 319 agreements for official development assistance (ODA) and preferential loans worth US$33.643 billion with international donors between 2011 and 2016, a staggering 59% higher than that in the 2006-2010 period, according to a report by the National Assembly Standing Committee.

Vietnam’s aviation working hard to fly to the U.S.

Vietnam’s aviation is set to undergo the international aviation safety assessment program of the Federal Aviation Administration (FAA) of the U.S. this week to be eligible for opening direct flights to the latter. According to the Civil Aviation Authority of Vietnam (CAAV), a team of the FAA and Boeing on August 13 will assess the aviation safety management system of Vietnam.

Vu Nhom faces new charge

The Ministry of Public Security announced on August 9 that its investigative police agency has decided to launch additional criminal proceedings against former business tycoon Phan Van Anh Vu alias Vu Nhom, and four others on the charge of violating regulations on management and use of State assets, causing loss and wastefulness in the central coast city of Danang.

PM attends investment promotion conference in Can Tho

Prime Minister is attending an investment promotion conference in the Mekong Delta province of Can Tho this morning, August 10. With the theme, “Share potential to grow,” the event is expected to attract around 500 delegates, including leaders of the Government, ministries and central agencies; representatives of international organizations; and local and international investors.

Mai Linh to launch five passenger ships on Cantho-Con Dao route

Mai Linh Tay Do JSC, a subsidiary of Mai Linh Corporation, on Thursday signed a contract with Z189 shipyard to build five passenger ships worth an estimated VND300 billion, aiming to serve tours on the Cantho-Con Dao route. The ships are expected to start operation on April 30 next year.

Banks with high property credits may face unannounced inspections

The State Bank of Vietnam (SBV) will conduct unannounced inspections into credit institutions with the high proportion of loans for the real estate sector in their total outstanding loans, local media reported, citing a newly-issued directive of the central bank.

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