India-Vietnam cooperation centre set up in Odisha State

 Vietnamese Ambassador to India Ton Sinh Thanh has attended a ceremony to mark the establishment of an India-Vietnam cooperation centre in Odisha State (formerly Orissa).

Party Central Committee’s 14th meeting opens

 The 11th Party Central Committee convened its 14th meeting in Hanoi on January 11.

Social News 11/1

Outstanding scientist, students, social contributors honoured, Many land use certificates yet to be issued, Malaysian man nabbed for exchanging fake money in Nha Trang, Social insurance to offer new incentives

Uber transfers nearly $50,000 from VN to the Netherlands/day?

VietNamNet Bridge - According to the Department of Transport of HCM City, around 4,000 Uber taxis are operating in HCM City and around VND1 billion (nearly $50,000) of profit is transferred to the management company in the Netherlands each day.

Smell test for Indonesia's motorcycle taxi candidates

 So stiff is competition between Indonesia's motorcycle taxis app companies that new entrants are going to extreme lengths to stand out.

Asian shares extend losses as China sows confusion

 Asian shares sank to their lowest in over four years on Monday as doubts mounted about Beijing's ability to manage the world's second-biggest economy.

Five things the U.S. stock market is worried about after last week's rout

 Investors were hoping 2016 would be a fresh start after the U.S. stock market sputtered to wrap up 2015. Instead, what they got was rotten.

Hazardous medical waste processed into household plastic products

The local media has reported that tens of tons of hazardous medical waste that would have been destroyed under strict procedures at licensed facilities were recycled at Vietnam’s largest and most prestigious hospital, Bach Mai Hospital in Hanoi. 

False rumors place businesses in jeopardy in 2015

VietNamNet Bridge - It will be unfortunate if businesses see their share prices fall dramatically or their sales to slow down in 2016.

Dak Nong’s largest volcanic cavern in pictures

A volcanic cavern system in the Central Highlands province of Dak Nong- the longest of its kind in Southeast Asia- is set to open to public in 2016.

Zen Master Thich Nhat Hanh returns to France for treatment

 VietNamNet Bridge - After a period of treatment in the US, on January 8 Zen Master Thich Nhat Hanh returned to the Plum Village (France) to seek appropriate treatment methods.

Gazprom Neft ends negotiation to buy 49% stake of Dung Quat Refinery

 VietNamNet Bridge - After long negotiations, Gazprom Neft has officially proposed to stop the process of negotiation on the transfer of a 49% stake of the Dung Quat oil refinery with the National Oil and Gas Group.

Cause of death of 200 tons of fish in Dong Nai River identified

The authorities of Dong Nai province have announced that the low dissolved oxygen content in the water of Dong Nai River is the cause of the death of more than 200 tons of fish at fish farms in Tan Mai and Buu Hoa communes in Bien Hoa City.

Vietnam’s per capita GDP 2015 reaches more than $2,100

VietNamNet Bridge - Per capita GDP in 2015 was estimated at VND45.7 million ($2,100), up $57 compared with 2014, according to the General Statistics Office.

VN Central Bank praised for forex mechanism

 Experts say the new mechanism for exchange rate introduced by the State Bank of Vietnam (SBV) has created flexibility, enabling both credit institutions and enterprises to exercise greater control over their business operations.

Scaffold collapse kills four on Thanh Hoa bridge site

 Thanh Hoa authorities yesterday ordered the suspension of a bridge project following a scaffold collapse Saturday that killed four people at the construction site.

131 floral fairs to colour HCM City this Lunar New Year

 The HCM City People's Committee will organise 131 flower markets in 21 districts to serve and entertain residents and visitors during the Tet (Lunar New Year) holidays which this year last fromFebruary 6-14.

Local losses predicted on uncertainty over China stocks

 Stock markets will likely extend their losses this week, due to last week's sharp fall on the Chinese stock markets.

Car prices in VN jump following tax adjustment

The price of domestic cars have soared since the beginning of this year due to the Government's adjustment of special consumption taxes on imported automobiles.

Ministry hands down $2.6m in fines for environmental, land use violations

 The natural resources and environmental ministry (MONRE) punished 520 companies for violating environmental laws with total fines reaching nearly VND60 billion (US$2.6 million) in 2015.

Four cities in Vietnam pilot infant ID numbers

 Four cities in Viet Nam have begun registering birth certificates and issuing citizen identification numbers to infants, in which every infant receives a 12-digit number that is valid for life.

Rubber development program contributes to loss of forestland

VietNamNet Bridge - Rubber is one of five major reasons behind the loss of forests in Vietnam.

Over 31,000 students join volunteer campaign in HCM City

 A volunteer campaign to support disadvantaged people on the occasion of the upcoming Lunar New Year (Tet) festival officially kicked off in Ho Chi Minh City on January 10.

ASEAN Community establishment marked at PM’s banquet

Prime Minister Nguyen Tan Dung hosted a banquet to welcome the first year of the ASEAN Community, which was officially launched on December 31, 2015, and upcoming Lunar New Year in Hanoi on January 10.

Aviation authority asks China to end sovereignty violations

 The Civil Aviation Authority of Vietnam has called on China to immediately end actions that violate Vietnam’s sovereignty over Truong Sa (Spratly) archipelago, not repeat any similar actions, and respect relevant regulations of international law.