Hue Int’l Food Festival on the horizon

 The Hue International Food Festival will take place in Hue city’s Phu Xuan Park from April 28-May 2, the event’s organising board said at a press briefing on April 15.

BUSINESS IN BRIEF 16/4

Saudi Arabia halts shrimp imports from Vietnam, VASEP requests foreign loans, Credit redirected to production, business, ACB "actively" handling bad debts, says official, Multiple incentives sought for Thai Nguyen steel project

Japan's CO2 emissions fall to three-year low in 2014/15 fiscal year

 Japan's greenhouse gas emissions fell 3.1 percent to a three-year low in the fiscal year ended March 2015, due to reduced power demand and growing use of renewables,

Network security mandatory for businesses from July

 Starting from July 1, organizations and enterprises will be required to invest in equipment and solutions that protect them from cyber attacks under the Law on Network Information Security.

Cliff paintings puzzle scientists

 VietNamNet Bridge – Some mysterious paintings on a high cliff in the central province of Thanh Hoa have drawn the attention of scientists.

First package tour to Con Co Island launched

 VietNamNet Bridge – The first official tour to Con Co Island in the central province of Quang Tri will be launched on April 17 by local authorities and the Quang Tri Trading Corporation.

Hanoi cracks down on overcrowding in coaches

 VietNamNet Bridge – Inter-provincial bus stations and passenger transport businesses have been asked to publicise the hotlines for contacting coach managers.

Social News 16/4

 Malaysia detains 6 Vietnamese fishermen, HCM City: one more tobacco smuggling ring detected, Hanoi tightens food safety management, Crane safety to be reinforced on work sites, Vietnam, Lao districts to conduct joint anti-drug plan

Employees of finance-banking, insurance sectors earn highest income

Workers in the finance, banking and insurance sectors in Vietnam had the highest per capita income in 2014, with VND195 million ($9,500) a year, followed by those in the information and communication sector with VND140 million (nearly $7,000).

Yok Don National Park still threatened by hydropower project

 The Drang Phok Hydropower Plant project, which was started way back in 2007 and criticised for its impact on the ecosystem, has still not been scraped despite continued opposition.

Ngung ‘walks’ into Rio Olympics, sets record

 VietNamNet Bridge – Nguyen Thanh Ngung still cannot believe that he will be the first Vietnamese athlete to compete in the walk event at the Rio de Janeiro Olympic Games.

High-quality vocational training schools failing to attract students

 VietNamNet Bridge – Many vocational training schools equipped with modern machinery and study tools worth billions of dong are facing student shortages due to low rates of enrolment

Carnival Ha Long 2016 vibrant with art performances

 A huge stage performance will be the highlight of the kaleidoscopic Carnival Ha Long 2016, making it no longer just a dynamic street parade like previous years, said Chairman of the Quang Ninh provincial People’s Committee Vu Hong Son.

Big challenges await new government

VietNamNet Bridge - The public debt has hit a ceiling, the state budget is under strain, and enterprises’ competitiveness remains weak – all these will be great challenges for new cabinet.

Hùng Kings’ Festival a panoply of worship, song, dance and food

 The roads leading to the Hung Temple Complex in Viet Tri City seem to be getting smaller these days. More and more vehicles carrying people from all over the country are flocking to the holy site in the northern province of Phu Tho.

Vague copyright circular upsets Vietnamese artists

 Song writers in Vietnam are opposing a circular issued by the Ministry of Culture, Sports and Tourism as it may enable show organisers to use their works for free.

Hefty disbursements expected for transport projects this year

 The Ministry of Transport expects around VND66.5 trillion (nearly US$3 billion) to be disbursed for transport infrastructure projects this year, with half of it coming from the private sector.

Hai Tac archipelago - a new tourist destination

Hai Tac, literally translated as “Pirate” archipelago, 30 km from Ha Tien township, is a new tourist attraction in Kien Giang Province. The pristine natural landscapes of this place are amazingly beautiful.

Saltwater intrusion worsens in HCM City

 The impact of saltwater intrusion on rivers and canals in HCMC has risen though the dry season has yet to peak.

WTO suggests ways to raise Vietnam’s position in global trade

 Vietnam should be more active in proposing specific areas with which the WTO can support the country, WTO Director General Roberto Azevedo said during his visit to Vietnam, the first ever trip made by a WTO chief to the Southeast Asian nation.

Famous streets for foreign tourists in Vietnam

In Hanoi, the Pho Tay (streets for foreign backpackers) is located at the T-junction of Ta Hien - Luong Ngoc Quyen - Dinh Liet while in Phan Thiet, foreign tourists visit the streets of Nguyen Dinh Chieu and Ham Tien.

Old bad debt still dogs Asia Commercial Bank

Asia Commercial Bank is still struggling with some VND5.7 trillion (US$256.3 million) in bad debt caused by six enterprises associated with its former vice chairman Nguyen Duc Kien, heard the lender’s general meeting last week.

HBSO chamber music concert slated for next week

  The HCMC Ballet Symphony Orchestra and Opera (HBSO) will host a chamber music concert at the Opera House in District 1 on April 19, with local and foreign artists taking part.

Drought makes coffee growers aware of water conservation

 VietNamNet Bridge – The worst drought in the last 30 years from El Nino troubled the local coffee growers in Dak Lak Province, but it also taught them the value of saving water.

Vietcombank to increase capital to US$1.78 billion

 The largest local commercial bank, Vietcombank (VCB), will increase their charter capital to over VND39.7 trillion (US$1.78 billion), said chairman Nghiem Xuan Thanh at the bank's general shareholder's meeting on April 15.