Saigon Railway Station pulls in $3.2 million at IPO

 Saigon Railway Station sold over 7.21 million shares to 20 investors at its initial public offering (IPO) on December 7, equal to 14.33 per cent of its charter capital.

Car producers’ request stalled

  The Ministry of Finance has rejected a series of financial incentives requested by Vietnam-based foreign automobile producers, as the proposal clashes with the country’s World Trade Organization commitments.

Pham Huong performs ‘Hello Vietnam’ at Miss Universe

On December 7, Vietnamese contestant Pham Huong gave her rendition of – Hello Vietnam – at the Miss Universe 2015 pageant in Las Vegas.

Online wildlife trader arrested in HCM City

 The environment police have arrested a man in HCM City for allegedly trading endangered animals online.

Stocking up for Tet holiday costs firms $723m

HCM City-based consumer companies have completed plans to produce enough goods for Tet (Lunar New Year), which falls on February 8 next year, according to the city Department of Industry and Trade.

Vietnamese consumers favor natural over artificial food

While more and more food safety and hygiene violation cases have been uncovered recently, sharing fresh food is not only popular among friends and colleagues but has also become a big campaign in residential quarters.

Floods attack cities in Central Highlands

VietNamNet Bridge - Floods in cities in the Central Highlands are unusual occurrences. Local residents in Buon Ma Thuot City in Dak Lak province and Da Lat City in Lam Dong had to battle flash floods in early November.

Experts, businesses argue about Chinese used technology imports

VietNamNet Bridge - Although the Ministry of Science and Technology (MST) has released Circular 23 on used equipment to be imported to Vietnam, it still cannot put an end to the prolonged debate on the issue.

VN schools have to borrow money to implement new model

VietNamNet Bridge - VNEN, considered ‘the new school model for Vietnam’, has proven to be too costly for many schools in Vietnam, especially those in rural areas.

HCM City to host Aerobic Gymnastics Asian Championships

 As many as 242 athletes from 10 countries and territories in Asia will compete in the fifth Aerobic Gymnastics Asian Championships, which is scheduled for December 11-13 in Ho Chi Minh City.

VN national fine arts exhibition to be launched

  More than 400 works of art will be displayed at the Vietnam Fine Arts Exhibition, which is scheduled to take place at the Viet Nam Centre for Culture and Arts in Hanoi from December 9 to 23.

Patriotic emulation movement’s results will be criteria for evaluating leadership

Speaking at the 9th patriotic emulation congress December 7, Communist Party’s Secretary General Nguyen Phu Trong suggested considering the emulation movement’s results as criteria for assessing leaders, managers and Party’s members.

ASEAN Para Games: More gold medals for Vietnam

 Vietnamese athletes won a total of 36 gold medals after five days of competition at the ongoing eighth ASEAN Para Games in Singapore that opened on December 3.

More foreign investors open stock tcodes in Vietnam

 A hundred new foreign investors have been issued stock transaction codes (tcodes) in Vietnam, the Vietnam Securities Depository (VSD) said.

Vietnam strives to ensure smooth export of tra, basa fish

 Relevant Vietnamese agencies have been requested to thoroughly study the US’s regulations imposed on Vietnam’s tra and basa fish in order to employ measures to ensure that exports continue.

HCMC airport needs expansion, Binh Dinh to build second air terminal

 HCM City's Tan Son Nhat Airport received its 25 millionth passenger of the year on Saturday, five years earlier than expected.

Work starts on Hoang Sa exhibition centre in Da Nang

 The Hoang Sa district in central Da Nang City broke ground on an exhibition centre dedicated to the Hoang Sa (Paracel) archipelago on December 7.

Da Tien - A place for tranquility seekers

 VietNamNet Bridge – Da Tien (fairy stone) Tourist Area in the Central Highlands province of Lam Dong has emerged as a destination for those who look for tranquility and peace in mind after a week of hard working.

Prime Minister launches emulation movement for 2016-2020

VietNamNet Bridge - PM Nguyen Tan Dung launched a nationwide emulation movement for 2016-2020 with the theme of “Solidarity, creativity and emulation for national construction and protection” at the ninth National Patriotic Emulation Congress.

VN President receives Governor of Saint Petersburg

 President Truong Tan Sang hosted a reception in Hanoi on December 7 for Governor of Saint Petersburg Georgy Poltavchenko.

Vietnamese NA Chairman, Japan’s House of Councillors President hold talks

  National Assembly Chairman Nguyen Sinh Hung held talks with President of Japan's House of Councillors Yamazaki Masaaki in Hanoi on December 7, during which they agreed to enhance the two parliaments’ cooperation.

The ‘lobster budget’ in Vietnam

VietNamNet Bridge - The administration center and monument projects developed in cities and provinces are compared to ‘dishes of lobsters’ at the poor’s parties: they are too luxurious and cause a big waste.

Global uneasiness and the role of Vietnam

 VietNamNet Bridge - Internationally renowned scholars have highly appreciated the active and positive role of Vietnam in the Campaign for a Clean and Pure Internet.

Chinese yuan addition to IMF currency basket has little impact on Vietnam

 The recent inclusion of the Chinese yuan  to the reserve currency basket of IMF will not have any significant impacts on Vietnam’s economy, experts said, adding that it takes at least six months or even a year to see any impacts.

BUSINESS IN BRIEF 8/12

 VN eyes renewable energy, Rubber firms urged to reform, SCIC reveals plans to offload additional shares in December,  Banks wary of farming loans, Ministry starts e-commerce transport trading platform