Hanoi puts its hopes in Japanese FDI

In pursuing its ambitious smart city goal, Hanoi has announced – for the first time – a list of sectors to be prioritised for Japanese investment. 

BUSINESS IN BRIEF 27/3

 Trade deficit with ASEAN put at US$6.51 billion, FPT cooperates with U.S. school to hold leadership course, Chemical firm to up foreign ownership, Hyundai Motors to open VN plant

Volunteers turning up to help sell farmers' turnips

 VietNamNet Bridge – Nguyen Ngoc Hoang is a man on a mission. He turns up at university to study two days of the week but the rest of the time he goes somewhere else - at the farm to help sell turnips.

VN livestock industry in danger as imports are too cheap

VietNamNet Bridge - Vietnamese livestock farmers are under pressure as their products are uncompetitive in comparison with surprisingly cheap poultry and animal meat imports.

BKAV vows to make big investments, launches new BPhones in mid-2018

BKAV Corporation has delayed its plan to launch a new generation of BPhone models until mid-year when a series of versions for different market segments will be introduced.

Hanoi People's Council gets tough on over 1,000 abandoned apartments

 Hanoi's Construction Department and Hanoi Housing Development and Investment Corporation should take responsibility for a large number of abandoned apartments in the city according to an official from the municipal people's council. 

It’s time to impose heavy sanctions on plagiarists: educators

Ngo Quy Nham, a lecturer at the Hanoi University of Foreign Trade, says that plagiarism has reached a ‘terrible’ level, and in most cases, plagiarists are not punished. 

Vietnamese life insurance sector going online

 Prudential, Manulife, and FWD were among the first insurance firms to transfer insurance transactions to digital platforms, who are now followed by Chubb Life, Generali Vietnam, and Hanwha Life.

Central Highlands forest protection program considered a failure

The project on allocating forests to hundreds of enterprises to manage and protect to forestland in five Central Highlands provinces has failed. Forests have been lost and land has been illegally appropriated.

Dam village makes Chung cake, cassava vermicelli

 Like other villages in Vietnam, people of Dam village, also known as Bich Tri hamlet, Ha Nam province, mainly live on agricultural production. 

An unnatural belief in natural cures

 There seemed to be a collective gasp of horror as the news spread recently of a mother and her new-born dying as she tried to give birth at home.

Traditional grocers lose out to modern retail

 Hai Huong, 66, owns a small grocery store in an alley off Huynh Dinh Hai Street in HCM City’s Binh Thanh District. The shop has helped her run her family for the last 20-odd years.  

Banks seek expats for leading roles

Vietnam’s finance and banking sector has attracted quite a number of foreigners to leading roles over the years. This trend is expected to continue.

Government News 26/3

 Vietnamese, Thai legislative bodies bolster relations, PM Nguyen Xuan Phuc hails 2017 outstanding youths, Vietnam enhances agricultural cooperation with EU, Belgium, NA Chairwoman meets Indonesian Lower House Speaker in Geneva 

Social News 26/3

Vietnam-Japan culture exchange opened in Hai Phong, Vietnam through eyes of European painters, Association contributes to France-Vietnam relationship, Mekong Delta asked to improve waterway connectivity

Cherry blossoms in full bloom at Hanoi’s Japanese festival

 Thousands of Hanoians and tourists flock to the Ly Thai To Flower Park in the capital city to enjoy the beauty of the famous cherry blossoms brought from Japan during the 2018 Japan Cultural Exchange Festival.

Vietnam goes dark in response to Earth Hour

 Localities across Vietnam switched off their lights for one hour on the evening of March 24 in response to the global Earth Hour campaign.

VN pair win mixed doubles crown at Hanoi badminton tournament

Do Tuan Duc and Pham Nhu Thao won their mixed doubles final match against Russian opponents on March 25, to earn the host country’s only gold medal in this year’s event.

Deadly tower block fire fuels sale of fire safety equipment

 Citizens in HCM City are flocking to buy fire safety equipment after at least 13 people were killed in an apartment fire last week.

VN youngsters forego saving for spending

 Many young Vietnamese are willing to spend the higher incomes they now earn rather than save.

Hanoi selected as Southeast Asia weather forecast center

 Hanoi has been chosen as the forecast support center for weather phenomena for countries in Southeast Asia by the World Meteorological Organization (WMO).

Con Dao beach among top 10 eco-friendly beaches in Southeast Asia

 Dat Tham Beach on Con Dao Island has been listed as one of the top ten eco-friendly beaches in Southeast Asia by the UK’s The Independent newspaper.

Russia fire: Children killed in Kemerovo shopping centre blaze

 At least 64 people have died in a fire that tore through a shopping and entertainment complex in the Siberian coal-mining city of Kemerovo.

PV Power proposes taking over Nhon Trach 3 and 4 thermal power plants

PV Power, the second largest electricity producer of Vietnam, may replace PetroVietnam as the investor of Nhon Trach 3 and 4 thermal power plants located in Ong Keo Industrial Zone in Dong Nai.

Logistics decree underwhelms

 While signalling a breakthrough improvement in the local logistics service market, Vietnam’s new regulations have raised concerns over e-commerce among EU investors.