BUSINESS IN BRIEF 9/11

 High growth potential for VN steel, New VCCI ranking rewards corporate ethics, Hanoi set for six-year high economic growth, 60% of VN residents use Vietnamese goods, VN bank profits surge on services, not lending

Korean bankrupt shipping firm leaves containers in Vietnam

 Bankrupt South Korean shipping giant Hanjin has left up to 4,122 containers at HCM City ports, said the Vietnam Maritime Administration (Vinamarine).

Vietnam to destroy tonnes of ivory and rhino horn

 Vietnam will destroy over two tonnes of ivory and 70 kilos of rhino horn seized in recent smuggling cases according to the Ministry of Agriculture and Rural Development.


Lam Dong ends buffalo stabbing ritual

The People’s Committee of Lam Dong has released a document on strengthening management of traditional festivals and banning buffalo stabbing ritual- a part of the traditional cultural festival of ethnic minorities in the province.

The danger in ignoring environmental protection for economic benefit

 VietNamNet Bridge - Behind and within the environmental problem is the people. 

Hoang Thu Thao to compete at Asia Pacific International 2016

 The first runner up of Miss Jewelry Vietnam 2015 Hoang Thu Thao was granted the license to take part in the Miss Asia Pacific International 2016.

NA sets three targets for 2016-2020

With 85.02 per cent of delegates voting in favor, the NA on November 8 has adopted a resolution that sets three reform targets for the 2016-2020 period: public investment, State-owned enterprises, and financial institutions.

Vingroup to develop Thu Thiem sports and entertainment complex

 The Ho Chi Minh City People’s Committee has officially approved Vingroup as the developer of the sports and entertainment complex at the 2C functional area in the Thu Thiem New Urban Area.

Vinalines’ ports show poor progress

 Bucking the trend of seaport growth nationwide, joint venture ports between Vietnam National Shipping Lines and its foreign partners have suffered poor performances in container throughput in the year to date.


Charming beauty of Vietnamese women through photos

38 photos taken by painter and photographer Nguyen Quoc Dung featuring the charming beauty of Vietnamese women in the Ao Dai (traditional gown of Vietnamese women) were recently on display at an exhibition in Hanoi. 

Moc Chau – plateau of colour in November

 Moc Chau plateau is beautiful in November with white mustard fields enveloping the valleys, yellow sunflowers blanketing the roadsides and green tea hills serving as an endless inspiration.

Delicious fish dishes in Hanoi

VietNamNet Bridge - Visiting Hanoi, tourists can enjoy delicacies such as fish, noodles, rice cakes, congee and more.

Vietnam's Xuan Thuy among top five Mrs World

Vietnamese representative Tran Xuan Thuy has reached the top five and won the best traditional costume award at Mrs World 2016 pageant, which transpired recently in South Korea.

One missing after flood

 VietNamNet Bridge – Search and rescue forces are still working to find a missing male worker of the Dak Mi 2 Hydro-power plant when he slid down the river of Dak Mi in the central province on Sunday.

Large haul of weapons found in Dak Lak

 VietNamNet Bridge – Military officers in the Tay Nguyen (Central Highlands) province of Dak Lak have reported that they found a large quantity of weapons.

No bubble in HCM City, assures property industry association

 There will be no real estate bubble in HCM City in the last quarter of this year, the HCM City Real Estate Association has assured.

Transport Ministry divests from 8 firms

 The Ministry of Transport has handed over its stake in eight Vietnam Inland Waterway Administration enterprises to the State Capital Investment Corporation (SCIC).


Vietnam to get new $2.3 billion power plant

 The Ministry of Industry and Trade (MoIT) yesterday signed an agreement with Japanese Marubeni Company and South Korean KEPCO Company for the Nghi Son 2 Build-Operate-Transfer (BOT) thermal power plant.


Airlines oppose service fee hike

 The Civil Aviation Authority of Viet Nam (CAAV) has proposed to hike aviation service fees by 15 to 40 per cent from 2017.


VN squeak past Indonesia 3-2

Striker Nguyen Van Toan scored the decisive goal as Viet Nam edged Indonesia 3-2 in a friendly match at Hanoi’s My Dinh Stadium yesterday.

FIFA ranking points at stake in AFF Cup

 For the first time in the tournament’s history, FIFA world ranking points will be at stake at the ASEAN Football Federation (AFF) Suzuki Cup.

Vietnam U22 team draw with China

 Vietnam’s national U22 football team tied with China 1-1 in their first match in a friendly international tournament in Wuhan, China, yesterday.

VN wins silver at Hungary swimming event

 Vietnamese swimmer Hoang Quy Phuoc won a silver medal at the Hungary National Swimming Short Course Championship in Szazhalombata.

Dollar spooked in Asia as U.S. polls too close to call

 Asian markets were on tenterhooks on Wednesday as early state exit polls in the U.S. presidential election showed wins for both candidates and no clear trend as yet, causing an immediate shift back to safe haven assets.

Hanoi mulls banning karaoke bars till year end

 The capital city is considering issuing a ban on all karaoke bar services until the year end, Nguyen Duc Chung, Chairman of Hanoi People’s Committee, said.