BUSINESS IN BRIEF 29/11

Investors face bumpy ride but remain bullish on Vietnam; Over 700 businesses register to join online shopping day; Pirated sheets hurt VN steel firms; Industrial production surges 7.5%; Property prices stable but buyers struggle

Controversial resort project in central Vietnam called off

 VietNamNet Bridge – The Chan May-Lang Co Economic Zone Authority said the multi-million-dollar resort complex World Shine-Hue on Cua Khem Cape in Thua Thien-Hue Province has been suspended due to controversial opinions

Appellate court reviews former ACB leaders’ verdicts

 The court of appeals of the People’s Supreme Court started reviewing the appeals submitted by Nguyen Duc Kien, former vice chairman of the founding council of the Asia Commercial Bank (ACB), and other ACB former executives, in Hanoi on November 28.

Vi-Giam singing becomes intangible cultural heritage of humanity

 VietNamNet Bridge – Vietnam’s Nghe Tinh Vi-Giam folk singing was officially recognised by UNESCO as an intangible cultural heritage of humanity at the 9th session of its Inter-governmental Committee

Photos: Peaceful morning at Cam Pha fish market

 VietNamNet Bridge – The Fish Market of Ben Do in Cam Pha town in Quang Ninh Province is a peaceful scene where tourists can discover the rhythm of the local people.

Vietnam sets up first int’l agriculture research centre

 VietNamNet Bridge – The Vietnam government on November 27 gave its full backing to a proposed the International Rice Research Institute (IRRI) technical assistance package,

Ban on asbestos use in Vietnam is urgent

Hospital found to commit irregularities in spending; Terry Fox Run in town this Sunday; Vietnam Airlines offers low cost tickets; IRRI to help Vietnam raise rice value; Ban on asbestos use in Vietnam is urgent: workshop

Hanoi, Da Nang rank eighth among top tourist attractions

A leading online tourism magazine, Smart Travel Asia, has named Da Nang and Ha Noi among the Top 10 attractive destinations in the region this year.

Vietnam drops two spots in latest FIFA world rankings

 Despite a positive showing for the month, the Vietnam national football team has slipped in FIFA’s latest World Rankings.

Australian magician Paul Cosentino to perform in Vietnam

 VietNamNet Bridge - Magician Paul Cosentino will perform on the first show of the Vietnam's Got Talent 2014 semi-finals, scheduled on the evening of December 7, the TV show organizers have announced.

Vietnam to join Doodle 4 Google

Winning photos of Vietnam heritage contest on display; Large-scale book sale fair slated for next week; Vietnam to join Doodle 4 Google; National artistic photo exhibition opens in Da Lat; Festival aims to promote southern Khmer ethnic culture

90 percent of airports in Vietnam record losses

 VietNamNet Bridge – Only two out of 22 operational airports in Vietnam have reported profits, with losses attributed to the number of airports built several years ago when local authorities rushed to develop local economies.

Brisbane storm: Huge clean-up in Queensland

 A huge clean-up operation is under way in the Australian city of Brisbane after a severe storm swept across south-east Queensland.

Mexican president Pena Nieto to overhaul police

Mexican President Enrique Pena Nieto has announced plans to overhaul the country's municipal police forces after the disappearance of 43 students.

Local tourism targets Indian market

 VietNamNet Bridge – Local tourism sector is actively preparing some promotion programs aiming at the Indian market with an aim to achieve a ten-fold increase in arrivals from this market in the next few years

Jobless rate to continue rising

 VietNamNet Bridge – Thousands of workers lost their jobs this year as companies closed en masse, creating a rise in unemployment that isn't expected to end any time soon.

Law makers approve two UN Conventions

The 13th National Assembly passed the UN Convention against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment and the Convention on the Rights of Persons with Disabilities on November 28 with 100% of votes.

Russian movie triumphs at Hanoi int'l film fest

 VietNamNet Bridge – Russian film Two Women won the best feature film award at the third Ha Noi International Film (HANIFF) that closed in the capital city yesterday, Nov 27.

VN, Philippines eye top spot at AFF Cup 2014

 VietNamNet Bridge – Viet Nam and the Philippines will battle it out to secure the top place in their last Group A game, each vying for an advantage going into the semi-final stage of the AFF Cup.

2015 enrolment still under discussion, schools wait for decision

 VietNamNet Bridge – Universities say they still cannot make any decisions about 2015 enrolment because they need to wait for a final decision from the Ministry of Education and Training (MOET).

Experts call for floating-rice preservation despite low yield

VietNamNet Bridge – Experts believe that restoring and developing deepwater rice needs to be done urgently to conserve genetic resources and biodiversity, and adapt to climate change.

Door opens to foreign logistics firms

 VietNamNet Bridge – Numerous foreign investors are eyeing the Vietnamese logistics service market but are facing difficulties because of unclear regulations.

Photo of cleft-palate boy wins special prize at national contest

 VietNamNet Bridge – A photograph featuring a boy with a cleft-palate standing behind a curtain touched the hearts of viewers at the Photo Competition 2014 Awards Ceremony, held on November 26 by the Ministry of Culture - Sports and Tourism.

Over 60,000 Vietnamese businesses close in 2014

 VietNamNet Bridge - As reported by the Ministry of Planning and Investment, during the period between January and November, Vietnam had 67,790 new businesses, with a total registered capital of VND391.3 trillion.

VN beauty named Asia's Sexiest Vegetarian Celebrity Woman 2014

 VietNamNet Bridge – Model and beauty queen Truong Thi May has been honored with the Asia's Sexiest Vegetarian Celebrity Woman title under the campaign “Pledge to Be Veg for 30 Days” launched by PETA Asia Pacific.