BUSINESS IN BRIEF 31/8

Asia – emerging market for Vietnamese shrimp exports, Vung Ang attracts investments after Formosa incident, Coal development plan announced, German bank considers loans for projects in HCM City

New energy sources: households can generate solar power

VietNamNet Bridge - More and more households plan to install solar panels on their roofs to generate electricity. Once EVN completes its policy on electricity purchase, households will be able to join the electric power market.

Will HCM City build dykes similar to those used in the Netherlands?

VietNamNet Bridge - With increased land subsidence, HCM City needs to build dykes like the ones used in the Netherlands to prevent tides and floods, experts have urged.

Vietnam’s plans to pump more money into economy risky: economists

Economists have warned that many problems may arise if VND700 trillion is pumped into the national economy to raise the credit growth rate to 22 percent and obtain 6.7 percent GDP growth rate this year.

Universities still search for students to fulfill enrollment goals

VietNamNet Bridge - Many universities are still short of students for the upcoming academic year, with some training majors in danger of closing. 

Multi-billion VND ethanol projects back on planning table

 PetroVietnam, the investor of Bio-Ethanol Dung Quat, Phu Tho and Binh Phuoc ethanol factories has entered a co-operation with partners to rescue these three factories, according to newswire Bizlive.

State-owned aviation firms soon for heavy divestment

Amid growing interest among foreign investors in the aviation market, Vietnam Airports Corporation and Vietnam Airlines will continue to divest large state stakes to fund future development plans.

Vietnamese consumption habits hinder progress of local companies

VietNamNet Bridge - After many years of exporting products and becoming well-known in the world market, Vietnamese manufacturers are considering exploiting the domestic market. But the road has been bumpy. 

Drop in overseas remittances cause concerns for Vietnam

VietNamNet Bridge - The decline in remittances in 2016 and the slowdown in the first half of this year has caused concern among economists.

Social News 30/8

 Hanoi fights to control dengue infections, National Day of Vietnam takes place at Expo 2017 in Kazakhstan, Mekong Delta city strives to complete rural building by 2020, Bird flu outbreak found at a Vietnamese farm

Tai wins VN’s final medal at SEA Games

 Weightlifter Hoang Tan Tai brought home a bronze medal, the last medal for the Vietnam delegation, from the final competition day of the Southeast Asian Games in Malaysia today.

Thuy Dung to represent Vietnam at Miss International

 Miss Vietnam 2016’s first runner-up Huynh Thi Thuy Dung will compete at Miss International 2017, to be in November in Japan.

Vietnamese artist’s silk paintings exhibition in Singapore

 Artist Le Thuy will show her silk paintings at a solo exhibition in ION Art Gallery,  Singapore, from September 1 to 24.

Nguyen Sang’s painting breaks domestic auction record

 Two cats, a 1979 lacquer painting by Vietnamese artist Nguyen Sang, has fetched US$101,000 at the 6th session of Chon’s Auction House in the capital city. 

Hanoi taxis to use common operating software

 Hanoi’s Department of Transport has proposed to make it compulsory for all taxi transport businesses to use a common taxi operating software from July 1, 2018.

Doctors in HCM City separate conjoined twins successfully

 Doctors from Paediatric Hospital No 2 and Cho Ray Hospital in HCM City have collaborated and successfully separated 13-month-old conjoined twins who were joined below the torso.

Suspect threatens Da Nang official to be prosecuted

 The Criminal Police Department under the Ministry of Public Security will prosecute Dao Tan Cuong, a resident of Da Nang City’s Hai Chau District, for threatening to murder an official.

200 factory workers to hold group wedding in HCM City

 Hundred couples who work at the city’s numerous factories will hold a group wedding on September 2,  organised by the Young Employee Assistance Centre (YEAC).

Music gala to celebrate Vietnam Music Day

 The HCM City Music Centre, in co-operation with its partners, will organise a special music and song programme on Saturday in the Ben Thanh Theatre to mark the 8th anniversary of Vietnam Music Day, September 3.  

Vietnam’s National Assembly enhances ties with Iranian Parliament

 National Assembly (NA) Vice Chairman Do Ba Ty paid an official visit to Iran from August 28-30.

SEA Games 29: Vietnam at top in athletics

Athletics athletes’ achievements at the SEA Games 29 have lived up to expectations and made up for other sports participated in by Vietnam, said Tran Duc Phan, who headed the Vietnamese team at the event.

Vietnam, Japan hold 5th defence policy dialogue

The 5th Vietnam-Japan defence policy dialogue took place in Nha Trang city on August 30 under the co-chair of Deputy Defence Minister Sen. Lieut. Gen. Nguyen Chi Vinh and his Japanese counterpart Manabe Ro.

PM orders prompt settlement of admin procedures in September

 PM Nguyen Xuan Phuc urged ministries, departments and localities to concentrate on addressing administrative procedure problems, especially removing tax and fee burdens imposed on businesses.

Singapore is Vietnam’s important partner: Ambassador

 Singapore is always an important partner of Vietnam during its development process, said Vietnamese Ambassador to Singapore Nguyen Tien Minh at a meeting on August 29 to mark Vietnam’s 72nd National Day.

SEA Games 29: Final medal tally

 SEA Games 29: Final medal tally