BUSINESS IN BRIEF 14/6

 Hue to spend $52m on agriculture, Unprofitable animal farming hurts agricultural production in Dong Nai, Firms promote pork demand, farmers struggle, Thua Thien-Hue’s fishing output surges after maritime environment incident

Vietnam vows to revive biofuel plan

VietNamNet Bridge - The government’s decision to stop the use of RON 92 petrol is expected to revive a series of ethanol plants which have been bogged down in problems.

Korean business investment continues to soar

With $4.432 billion of export turnover to South Korea and $9.942 billion of import turnover from Korea in the first four months of the year, the country has become the biggest partner with which Vietnam has a trade deficit.

Are Vietnamese students too "excellent"?

Prof Van Nhu Cuong, a renowned educator, finds it surprising that thousands of primary school graduates got a perfect 10/10 score from the year-end Vietnamese language and math exams. 

Saving Hue’s architectural legacy

 VietNamNet Bridge – Hue is conducting repairs on a residency belonging to a former princess, using local government funds. The home is not listed alongside protected imperial buildings,

We need effective measures for the North-South expressway

Do Van Sinh, a permanent member of the NA Committee for Economic Affairs, speaks to online newspaper VietnamNet about the importance of finding workable measures to construct the future North-South expressway.

Social News 13/6

Dak Lak’s policy bank changes life of poor ethnics, Da Nang increases transformer station’s capacity for APEC, Dak Nong works to prevent drowning among children, Ho Chi Minh statue inaugurated in Lenin’s birthplace

Google apps payable by MobiFone

 One of Vietnam’s leading mobile operators, MobiFone, has partnered with Google to allow subscribers to purchase apps in the Google Play Store and pay via their mobile phone.

Passenger vehicles seeing rapid growth

 The country’s increasing population and rising middle class with disposable income have fueled demand for passenger vehicles as consumers begin to move away from a traditional reliance on two-wheeled transportation. 

New decree on car imports sends conflicting message

 The general public and industry insiders were taken by surprise by the regulations on the import of CBUs outlined in the draft decree on conditions for auto manufacturing, assembling, importing, and maintenance and warranty business.

VNPT’s transformational restructuring

Vietnam Posts and Telecommunications (VNPT) had achieved considerable success during the reconstruction process between 2014 and 2016.

Vietnam among countries with lowest obesity rate: Global study

Vietnam and Bangladesh two countries with the lowest adult obesity rate at 1 percent, according to the latest global study released on June 12. 

Two Vietnamese killed in traffic accident in Thailand

At least six people, including two women who were identified as Vietnamese citizens, were killed in a traffic accident on June 13 in Thailand’s Sa Kaeo province, 200 kilometers to the northeast of Bangkok.

Vietnam ranks 6th in global retail development index

 Vietnam ranks 6th in global retail development index

Serious erosion occurs in western coast of Kien Giang

Nearly 40km of the western coast in the Mekong Delta province of Kien Giang has been eroded, Director of the provincial Department of Agriculture and Rural Development Nguyen Van Tam has said.

Best places to enjoy watching butterflies in Vietnam

Tourists will have an opportunity to get a better view of colourful butterflies this summer in many forests in Vietnam, such as Cuc Phuong, Nam Cat Tien and other National Parks.

Hanoi apartment blocks fail safety standards

 Nearly 80 apartment buildings in Hanoi violate fire safety regulations according to the Hanoi Fire Prevention and Fighting Police Department.

Military argue against using golf course for Tan Son Nhat Airport expansion

 Many people have argued that a golf course located next to Tan Son Nhat Airport in HCM City should be closed for airport expansion, but this obvious decision seems to be hard to achieve.

Mekong Innovative Startup Tourism announces tourism innovation grant winners

 The tourism accelerator Mekong Innovative Startup Tourism (MIST) has announced the recipients of four 2017 Mekong Business Initiative Innovation Grants. 

Pig overproduction problem heats up parliament’s Q&A session

 Pig overproduction was a hot topic that many National Assembly (NA) deputies asked Minister of Agriculture and Rural Development Nguyen Xuan Cuong about on June 13 morning.

SkyViet flight meets untimely end

A group of shareholders holding 49% in SkyViet Airlines Joint Stock Company proposed dissolving the company a little more than a year after its establishment.

High-tech transfers gain tax breaks

 Firms that transfer high technology and conduct technological innovations in Vietnam are expected to enjoy special financial incentives in the future.

Competitive clean tech has already arrived in Vietnam

Although progress may not be as fast as desired, transnational companies are proving, that clean tech make sense for Vietnam, says KITECH, a Republic of Korea governmental research institute.

What’s in a name? Maybe a more appealing vegetable

 People may be more likely to pile vegetables on their plates when these dishes are served up with seductive names like “sweet sizzlin’ green beans and crispy shallots” than when they’re peddled as health foods,

HCM City to relocate landslide area residents

HCM City has 40 landslide locations including 23 dangerous areas near rivers and canals in eight districts, according to the city’s Department of Transport.