UK plans to remove insurance barriers for self-driving cars

 Britain plans to introduce new insurance rules to ensure victims of accidents involving self-driving cars are compensated quickly in a bid to remove a major obstacle for the nascent industry.

Retail premises in high demand in 2017

VietNamNet Bridge - Real estate consultancy firms have predicted that retail premises will become an attractive segment of the property market in 2017, especially in Hanoi and HCMC.

4G race expected to reposition mobile network operators

VietNamNet Bridge - Management agencies have been granting 4G licenses sooner than initially expected, which could create stiff competition among telcos in 2017.

What is the status of Vietnam’s natural disaster warning ability?

VietNamNet Bridge - Hydrometeorology and weather forecasting agencies are often blamed for damages caused by natural calamities.

The Vietnamese bankers who returned from Eastern Europe, Russia

VietNamNet Bridge - Businessmen returning from Eastern Europe have set up large businesses in Vietnam and made great contributions to the country’s economic development.

Teachers give high marks to help students enter university

VietNamNet Bridge - Many high school teachers are giving high marks to students or ‘fabricating’ school reports to help students enroll in universities. 

Vietnam's 2017 FDI attraction sees bright prospect

 Vietnam's 2017 FDI attraction sees bright prospect

Admin reforms will make nation more competitive

VietNamNet Bridge – Vuong Dinh Hue, Deputy PM and Head of the national steering committees on National Single Window and ASEAN Single Window, tells Hai Quan that admin reforms will target reaching ASEAN-4 levels

HCM City reports rising number of breaking-ins during Tet holiday

 Police in HCM City have reported a large number of robberies during the Lunar New Year holiday.

Vietnam looks at sending more people to work abroad

 Vietnam is planning to send 105,000 people to work overseas this year, further expand the labour export market and co-operation with other countries.

Love going to festivals? Learn to behave

 VietNamNet Bridge – The first month of the new lunar year is often a time for Vietnamese to visit places of worship in order to wish for good fortune and prosperity.

Units fined for environmental pollution

Fines of some VND1 billion (US$44,200) will be imposed on five production units that polluted a river branch in the capital city’s Ha Dong District, the city’s People’s Committee said.

Study of cancer-causing toxins finds e-cigarettes much safer than smoking

 Consuming e-cigarettes is far safer and less toxic than smoking conventional tobacco cigarettes, according to the findings of a study analyzing levels of dangerous and cancer-causing substances in the body.

Ministry staff found visiting pagoda during work hours

 The Ministry of Industry and Trade said that it will issue serious punishment to its staff that were found to have visited a pagoda during their work hours.

Int’l women’s volleyball tourney to open in Hanoi

 VietNamNet Bridge – The International Women’s Volleyball Tournament – LienVietPostBank Cup 2017 will kick off in the northern province of Bac Ninh on February 11-18.

Hanoi FC's Samson suspended two matches

 VietNamNet Bridge – The Viet Nam Football Federation (VFF) yesterday decided to suspend striker Hoang Vu Samson of Ha Noi FC for two matches.

Nguyen Le and Ngo Hong Quang to release new album in Vietnam

 VietNamNet Bridge – International jazz musician Nguyen Le and traditional artist Ngo Hong Quang will celebrate their new album with a concert series in major Vietnamese cities by the end of this month.

Vietnamese designer to showcase his collection at New York Fashion Week

 VietNamNet Bridge – Designer Luong Minh Son, founder of fashion brand Son Collection, will introduce traditional Vietnamese silk to the world at the upcoming New York Fashion Week.

Casinos report losses while waiting to be opened to Vietnamese

VietNamNet Bridge - Most casinos have reported losses, caused mainly by the fall in the number of travelers from China and Taiwan.

Vietcombank Securities to issue $8.89b of bonds

 Vietcombank Securities Co Ltd (VCBS) plans to issue 200,000 bond notes to 100 investors on February 15. The face value of the bond has been set at VND1 million (US$44.44).

VN issues resolution to boost competitiveness

 The Government is determined to take drastic measures to improve business climate and competiveness indicators to reach the average level of ASEAN 4 countries by the end of this year.

BUSINESS IN BRIEF 8/2

 Hoa Phat to build iron and steel production complex, Export businesses sanguine, make frenetic start to 2017, National retail trade sales see increase in January, Cost estimates for construction projects to be slashed

Thailand invests $7.7 billion in Vietnam

 According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), Thailand has invested US$7.7 billion in 440 projects in Viet Nam to become the country’s tenth largest investor.

Vietjet gets approval for HOSE listing

 The HCM Stock Exchange (HOSE) has approved the listing of Vietjet Aviation Joint Stock Company’s 300 million shares on the southern bourse.

PM turns focus on hidden assets

Prime Minister Nguyen Xuan Phuc has directed authorities to find the assets of suspects in corruption cases in order to prevent them from being hidden and to help in executing judgments against the accused.