Discover Vietnam: Dran Town in Central Highlands

 Around 40km from Da Lat City the small town of Dran in the Don Duong District of the Central Highlands Lam Dong Province is always quiet and peaceful.

BUSINESS IN BRIEF 5/12

 Vietnam’s raw cashew imports surge, Sonadezi IPO set for December, Pepper export data mixed after banner year in 2014, Nov loan rate slides to 9.3%, CBRE: Luxury apartment supply surges, Emaar joins US$1.34bln Vietnam project

Vietnam farming struggles with climate change

 Thousands of hectares of fruit trees planted along the coastal areas are expected to suffer from the impacts of climate change by 2030.

Vietnam delays building first nuclear plant until 2020

Vietnam will start the construction on its first nuclear power plant in Ninh Thuan in 2020, six years later than scheduled, to ensure safety and efficiency, said Hoang Anh Tuan, director general of the Vietnam Atomic Energy Agency.

VN Government commits to helping firms

 The Government of Viet Nam is committed to administrative reforms and will continue to provide support for the business sector, Deputy Prime Minister Vu Duc Dam said.

Over 70 percent of Mekong Delta firms hit by climate change

Over 70 percent of businesses in the Mekong Delta are suffering from the potentially devastating effects of climate change.

National Financial Supervisory Commission reports positive signs for enterprises

Indicators in National Financial Supervisory Commission report in good shape.

Vietnam needs to develop stem cell industry

 A stem cell industry in Vietnam is needed to meet the demand for stem cell applications in treatment and aesthetic procedures in the country, according to an expert.

Age Group Swimming Championship opens in Da Nang

 Some 262 swimmers from eight Southeast Asian countries are joining in the 39th Southeast Asian Age Group Swimming Championship, which opened in the central coastal city of Da Nang on December 4.

ASEAN ParaGames: Vietnam claims four golds, setting new records

 Vietnamese swimmers on December 4 made a splash at the ongoing ASEAN ParaGames 2015 in Singapore, bringing home three gold medals while setting two new Games records.

Indonesia needs 1 million tonnes of rice from Vietnam

 Indonesia plans to import one million tonnes of rice from Vietnam to meet the country’s high demand, according to Indonesian Ambassador to Vietnam Mayerfas.

Vietnam’s inflation to rebound to 4.9 percent in late 2016: HSBC

 Vietnam ’s inflation is forecast to rebound to 4.9 percent in 2016 while the Gross Domestic Product growth is forecast at 6.7 percent, according to the December report of the Hong Kong and Shanghai Banking Corporation (HSBC).

Taiwan’s $1 billion paper plant gets investment license

The People’s Committee of southern Binh Duong province granted an investment license to Taiwan-based Cheng Loong Binh Duong Paper Ltd, Co. on December 4 for the construction of a 1-billion-USD paper plant.

HCM City university to instruct in English

 VietNamNet Bridge – All students at the Viet Nam National University-HCM City (VNU-HCM) are required to study in an intensive English programme at the school,

Vietnam's agriculture welcomes investment waves from Japan

A flux of investment waves from Japanese businesses are coming to Vietnam’s agricultural sector, which plays an important role in the national development.

International Investment Bank opens council meeting in Hanoi

The 104th council meeting of the International Investment Bank (IIB) opened in Hanoi on December 4, along with a business forum on global opportunities for local sustainable development in Vietnam. 

Deputy PM affirms support of International Investment Bank reform

 Deputy Prime Minister Vu Van Ninh has told President of International Investment Bank Nikolay Kosov that Vietnam’s Government support IIB’s plan for comprehensive reforms to develop the bank in accordance with international standards.

Vietnam, Japan hold sixth strategy dialogue

Vietnam and Japan agreed to boost collaboration at international and regional forums at their 6th strategic dialogue in Tokyo, Japan on December 4.

Social News 5/12

 Add-on rooms put residents in peril, Two more people die from dengue fever, 900kg of unlicensed animal organs seized, New expressway opens to traffic today, Bus ticket prices to increase during upcoming Tet

Foreign investment funds enter new development period

VietNamNet Bridge - Instead of injecting money into listed shares, foreign investment funds are now paying more attention to private equities.

Universities to teach students professional-oriented training

  The Ministry of Education and Training said the professional-oriented high education (POHE) model must be used at universities and colleges to make sure graduates are qualified to get jobs without needing to be retrained.

Flooding takes toll in both VN’s urban areas

VietNamNet Bridge - Not only urban areas in the lowlands but cities in highlands have suffered from heavy floods which have caused heavy damages and fatalities. 

The story of stamps

VietNamNet Bridge – An exhibition called “The Story of Stamps” was recently held at 45 Hang Bai Street, Hanoi that showcased 40 paintings by Hoang Thuy Lieu and stamp collections of famous stamp collector Vu Van Ty.

Hidden from urban noise

 VietNamNet Bridge – Unlike most coffee shops in HCMC, Hide is actually a hideaway for those customers seeking tranquility and peace.

HSBC: Twin deficits set to return in 2016

 HSBC Global Research has released a report on Vietnam’s economy titled ‘the return of twin deficits’.