PV Oil is courted by global oil giants

 Six overseas investors are vying for majority stakes at state-owned PetroVietnam Oil Corporation, competing against two domestic bidders.

Five ideal spots in Central Vietnam for a get-away trip in Tet Holiday

Holding an unexplainable attraction, the untamed beauty of Central Vietnam offers a long list of ideal tourism destinations for locals who grew out of the habit of celebrating the Lunar New Year (Tet).

Explore stunning beauty of red maple forests near Hanoi

Chi Linh district in the northern province of Hai Duong, about 70km from Hanoi has attracted visitors to its ethereal beauty of red maple forests.

Best views in Hanoi for photos during Lunar New Year festival

When the Lunar New Year festival (Tet) comes around, crowds of people eagerly ‘hunt’ for the most picturesque settings in Hanoi for beautiful photos during Tet.

Seven-year-old delivery boy causes outrage in China

 The story of a seven-year-old orphan working as a delivery boy in China has ignited a debate about child poverty and access to education in the country.

BUSINESS IN BRIEF 17/1

 3 agricultural shows to be held in HCMC, Non-observed economy to be measured in 2018, HCM City industry shows stability, Kien Giang calls for investments for 68 projects, Customs clearance cost lowered

Northern hospitals brace for freezing temperatures

At the corner of Bach Mai Hospital’s lobby in Hanoi, relatives of patients shiver with every gust of wind, even under their thick blankets. The recent chill is making their time as hospital visitors even more difficult.

Scaffold collapse kills three, injuries three in Hanoi

A scaffold suddenly collapsed at a construction site in Hanoi, leaving three dead and injuring three others.

Hanoi celebrates Lunar New Year with grand firework display

 Hanoi will hold firework displays at 30 locations to celebrate the Lunar New Year.

Defendants in PVC trial have final say before verdict consideration

 Defendants in the first-instance trial on several charges of wrongdoings at the PetroVietnam Construction Joint Stock Corporation (PVC) had the final say on January 17 morning before the judging council deliberates the verdict.

6,000 children get free heart surgery

 The 6,000th child with heart diseases has just received free surgery under a programme funded by VinaCapital Foundation, said CEO of the foundation Robin King Austin on January 16.

Thousands of cancer patients face drug shortage

 Thousands of patients are facing a shortage of expensive Glivec and Tasigna anti-cancer drugs because of cumbersome procedures.

‘Golden real-estate land’ running out in HCM City

VietNamNet Bridge - As the land fund in HCMC has declined, fewer investors are interested in developing infrastructure projects under the BT (build-transfer) mode.

New experience on most modern 'five-star' trains in Vietnam

Six trains with "five-star" quality was put into opeation on Thong Nhat (North-South) route on January 10. They are expected to meet demand for quality services and conveniences.

Vietnam, Ukraine sign sports cooperation agreement

 Vietnamese Ambassador to Ukraine Nguyen Anh Tuan and Youth and Sports Minister of Ukraine Igor Zhdanov signed an agreement on sports cooperation in Kiev on January 16.

Supermarkets develop own brands

 From the many cooking oils on a shelf at Co.opmart Dinh Tien Hoang supermarket, Nguyen Thanh Truc of District 1 has picked a 2l bottle of Co.opmart soya cooking oil.

Ministry backs down on VAT

 Fierce public objections about its proposal to impose value-added tax (VAT) on the transfer of land-use rights have forced the Ministry of Finance to shelve the move.

Bright economy dimmed by public debt: report

 Viet Nam experienced a relatively stable macroeconomic situation in 2017, in accordance with general global economic trends, but experts warned there will be obstacles to maintaining such momentum in the turbulent environment of 2018.

Gov’t moves closer to SOE capital committee

 Prime Minister Nguyen Xuan Phuc signed a decision to form a working group to boost the formation of a special committee responsible for managing State capital at enterprises.

Vietnamese switch to beef

Viet Nam paid US$410 million for imported beef last year due to increasing demand, according to the Ministry of Agriculture and Rural Development.

Strong start for 2017 equitisation

 Five big State-owned corporations will conduct IPOs in the first quarter.

Former BIDV chair still absent at corruption trial as he seeks medical care in Singapore

 VietNamNet Bridge – Tran Bac Ha, former chairman of Viet Nam Bank for Investment and Development’s (BIDV) board of directors had yet to appear in court for the trial yesterday of Pham Cong Danh,

Mongolian Parliament Chairman to pay official visit to Vietnam

Chairman of the Parliament of Mongolia Miyegombo Enkhbold and his spouse will pay an official visit to Vietnam from January 20 to 23.

PV Power to launch IPO on January 31

 The PetroVietnam Power Corporation (PV Power), a subsidiary of the Vietnam National Oil and Gas Group (PetroVietnam), will offer 20 percent of its shares in an initial public offering (IPO) on January 31. 

Finance Ministry wants hike in tax on capital/securities trade income

 The Ministry of Finance has proposed the Government raise the individual income tax imposed on capital/securities transfer to 2 percent for trades not registered to the Vietnam Securities Depository (VSD) and not made on the securities market.