Business community pins hopes on PM’s actions

The business community expects the first meeting with Prime Minister Nguyen Xuan Phuc in Ho Chi Minh City tomorrow is going to lead to positive changes that make Vietnam more business friendly.

Motorbike manufacturers still raking in the profits

VietNamNet Bridge - Though the Vietnamese motorbike market is becoming saturated, manufacturers still make big profits with 3 million products bought every year.

VN seeks glory at Singapore Open

 VietNamNet Bridge – Viet Nam will participate in the Singapore Open Track and Field Championships which begin today at the National Stadium.

The most secret war bunker in Thang Long Citadel

 The underground bunker D67 was the headquarters of the Central Military Commission during the Vietnam war.

Vietinbank looking for more M&A opportunities

 The Viet Nam Bank for Industry and Trade (Vietinbank) will continually look for merger and acquisition (M&A) opportunities with other banks to expand its reach and market share. 

Social News 28/4

 Deputy PM visits disaster-hit localities in Bac Lieu, Tra Vinh loses 49.5 million USD due to drought, saline intrusion, UNESCO, ILO funded tourism project benefits locals, HCM City: 201 women awarded “Heroic Mother” title

Israeli and Polish artists to perform at Hue festival

 VietNamNet Bridge – Israel’s well-known Halleluya Dance Group and Polish MM3 will perform at the opening ceremony of the Hue Festival 2016 on Friday after their performances in Ha Noi.

Cambodia refutes new East Sea-related agreement with China

 Cambodia does not have any new agreements regarding the East Sea issue with China, the country’s Secretary of State and Spokesman for the Council of Ministers, Phay Siphan, has said.

Nguyen Tien Minh advances, other Vietnamese out in China

 Nguyen Tien Minh will face badminton legend Lin Dan in the second round of the Dong Feng Citroen Badminton Asia Championships in Wuhan, China.

Free wifi to be available at Hue festival’s main venues

 Free public wifi will be provided in a number of locations during the 2016 Hue Festival, which will take place from April 29- May 4 in the central province of Thua Thien – Hue.

Vietnam, Laos sign coal exploitation contract

  Vietnam and Laos signed a contract to survey and tap coal in Xam Neua, in the Lao province of Houaphan on April 27.

Transport hotlines set up for holidays

 The National Traffic Safety Committee has recently issued hotlines for people to lodge complaints about transport issues during the four-day holidays, which start from April 30.

UNDP announces Asia Pacific Human Development Report

UNDP Vietnam launched its Asia Pacific Human Development Report entitled “Shaping the Future: How Changing Demographics can power human development,” in Hanoi on April 27.

Anti-corruption efforts: quality over quantity: Party chief

 The settlement of serious and complicated corruption cases of public concern should focus on quality more than quantity, said Party General Secretary Nguyen Phu Trong.

PM asks Guangxi to import more Vietnamese goods

PM Nguyen Xuan Phuc has suggested the Guangxi Zhuang Autonomous Region of China encourage the import of agro-forestry-fishery products from Vietnam, particularly rice, for a more balanced trade between the two countries.

Food chains get bogged down in Vietnam

VietNamNet Bridge - Despite being backed by powerful financial resources, many food chains cannot achieve satisfactory business in Vietnam. 

More hydropower plants are built in central region despite overabundance

Experts have repeatedly warned about the overabundance of hydropower plants in the central region and Central Highlands which have devastated forests and badly affected people’s lives. However, more hydropower projects are still queuing for licenses.

Ensuring food safety requires participation of entire society: PM

 Prime Minister Nguyen Xuan Phuc has underlined the need to identify the responsibilities of agencies concerned with food safety management, especially the role played by their chiefs.

Lao Party chief sends thank-you letter to Vietnamese leaders

 Party General Secretary and President of Laos Bounnhang Volachith sent a letter to Vietnamese leaders at the end of his Vietnam visit on April 27 to thank them for their warm reception during his visit from April 25-27.

PM pledges favourable conditions for Japanese investors

 Vietnam has always created best possible conditions for foreign investors, including those from Japan, to invest in the country.

Fate of key labs remains unclear

VietNamNet Bridge - The Ministry of Science and Technology (MST) said it would propose to not continue investments in national key laboratories if the current management policy does not change.

Vietnamese movie wins best film at international festival

 A Vietnamese film on childhood titled Toi Thay Hoa Vang Tren Co Xanh (I See Yellow Flowers on the Green Grass) has won Best Film at the TFF Kids International Film Festival 2016.

Facebook revenue smashes expectations as mobile ad sales surge

 Facebook Inc's (FB.O) quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile app and a push into live video lured new advertisers and encouraged existing ones to boost spending.

Vietnam races against the clock to produce teachers of English

VietNamNet Bridge - It is estimated that Vietnam will need 7,770 more teachers of English by 2020 to implement the national program on teaching English, under which third, fourth and fifth graders would have four English sessions a week.

Finance Ministry dashes Industry Ministry's bid for steel plant tax exemption

 The implementation of the second phase in the mammoth Thai Nguyen Iron and Steel expansion project is hanging in the balance after the Ministry of Finance disagreed with most of the incentive proposals necessary to the project’s resumption.