Flowers tell stories of love

 Twenty Vietnamese flower artisans are displaying original floral installation works at a new exhibition in Hanoi to celebrate Valentine’s Day.

Vietnam Airlines to sell, lease back four aircraft

 Vietnam Airlines said that it plans to sell or lease back four new aircraft which the corporation will receive in 2017 to ease the pressure on the due-debt-over-ownership-capital ratio and boost liquidity.

VN Trade Ministry urges Australia to lift ban on shrimp imports

 Minister of Industry and Trade Tran Tuan Anh has just called on the Australian Government to soon lift its ban on prawn and uncooked shelled shrimp imports, saying that it poses negative impacts on Vietnam’s shrimp breeding and processing sector.

HCM City aims for sustainable realty market

 Vice Chairman of the HCM City People’s Committee Le Van Khoa asked relevant departments to improve management and take measures to tackle factors that could create the conditions for a property market bubble.

Transport Ministry rejects Uber Vietnam proposal

 The Transport Ministry has declined to approve a Uber Vietnam request to pilot an IT upgrade for its services, citing, among other things, a lack of authorisation and validation from its parent firm.

Hanoi office and retail competition heating up

 The market segment for offices and retail space for lease in Hanoi is expected to become fiercely competitive as supply increases.

Vietnam expects 10 percent rise in leather, shoe exports

Vietnam’s leather and footwear industry expects to reach a total export value of 18 billion USD this year, up 10 percent from last year, said the Vietnam Leather, Footwear and Handbag Association (Lefaso). 

VN realty market attracts robust foreign investment

 The property market of Vietnam is attractive to foreign investments due to the country’s rapid ubanisation, open policies and improved investment climate, experts said.

Korea helps Can Tho build smart city

 The Mekong Delta city of Can Tho and the Republic of Korea (RoK) have discussed the implementation of a joint project to build a smart city, which was signed in 2015.

Hundreds of foreigners apply for e-visas

 As many as 490 foreigners have registered for electronic visas to enter Vietnam, 210 of whom have been issued with their visas, after the first week of the e-visa pilot scheme, the Ministry of Public Security’s Department of Immigration has said.

North Korea says new nuclear-capable missile test successful

North Korea said on Monday it had successfully test-fired a new type of medium- to long-range ballistic missile the previous day, claiming further advancement in a weapons program it is pursuing in violation of United Nations resolutions.

HCM City offers online registration for vehicles, driver’s licences

 Ho Chi Minh City is now offering online registration for 15 administrative procedures managed by the city’s Transport Department.

Lao media spotlights Vietnam-Laos committee meeting’ success

 The local media in Laos on February 10 gave much space to highlight the success of the 39th meeting of the Laos-Vietnam Inter-Governmental Committee, saying that it will lay firm foundation for both countries to lift up their ties to a new height.

World Vision International assists $1.8 million for the poor

The World Vision International (WVI), an organisation dedicated to supporting children and vulnerable populations worldwide, will provide 1.8 million USD to support development in Quang Tri central province. 

Belarus launches short-term visa exemption to Vietnamese citizens

 Belarus’s five-day visa exemption policy applied to citizens of 80 countries, including Vietnam, took effect on February 12.

Population administrative procedures simplified

 Ministries and agencies have proposed simplifying 1,126 out of 1,934 administrative procedures related to population management.

Vietnamese border provinces, Chinese region boost cooperation

 Leaders from the four northern border provinces of Quang Ninh, Lang Son, Cao Bang and Ha Giang and China’s Guangxi Zhuang Autonomous Region had a New Year meeting on February 10.

PM lauds Korean firms’ plan to expand operation in Vietnam

 Prime Minister Nguyen XuanPhuc met with Yoon Jong-kyoo, President of the Republic of Korea (RoK)’s KB Kookmin Financial Group in Hanoi on February 11.

Deal signed to develop co-working space in Vietnam

 Singaporean developer CapitaLand and Vietnamese space operator Toong have signed a memorandum of understanding to change the working environment in Vietnam.

Vietnam continues to boost ties with US: Ambassador

 Vietnam attaches importance to promoting relations with the new administration and Congress of the US, towards further developing the Vietnam-US comprehensive partnership in a practical, effective, stable and long-term manner.

Big banks pay high volume of deposit interest in 2016

VietNamNet Bridge - More than VND100 trillion was paid by the eight biggest commercial banks to depositors in 2016. 

200,000 unemployed university grads still at acceptable level: educators

VietNamNet Bridge - The number of university graduates who are jobless must not discourage students from pursuing higher education, Nguyen Thi Kim Phung, director of the University Education Department, has said.

Social News 12/2

 Tran Thuong Temple festival named national intangible heritage, Health sector aims to continue controlling HIV infection, 14 rescued from capsized speedboat off southern Vietnam

Business leaders in their 60s at the top of their game

They are successful businessmen who created strong brands with fame extending beyond national borders. Though they are of retirement age, they remain at the top of  the business leadership and are considered irreplaceable.

BUSINESS IN BRIEF 12/2

 Measures proposed to turn household businesses into firms, Boosting sustainable development of support industry, HCMC determined to prevent bubble in realty market, FDI capital hits record high despite long holidays in January