Ben Thanh Tourist succeeds in IPO

VietNamNet Bridge – Ben Thanh Tourist Service Company sold 5.93 million shares to investors at its initial public offering last week at the lowest winning bid of VND21,000 each, double the starting price of VND10,500.

Vietnam halts Australian fruit imports

 Vietnam plans to cease the import of 38 kinds of fruits from Australia from 2015, the Plant Protection Department under the Ministry of Agriculture and Rural Development announced on December 17.

Rescuers try to pump water out of collapsed tunnel to save 12 workers

 Rescuers are working hard to drain water from the collapsed tunnel section where 12 workers were trapped at the construction site of Da Dang-Da Chomo hydropower plant in Central Highlands Lam Dong province.

Ebola: Sierra Leone begins house-to-house searches

 Sierra Leone has begun house-to-house searches in the capital Freetown to find hidden cases of Ebola.

US Pacific Fleet Commander visits Da Nang

US Pacific Fleet Commander visits Da Nang; Angola’s capital eyes twinning relations with Hanoi; Vietnam wishes to promote all-round cooperation with Pakistan; Vietnamese, Lao border guard units set up twinning ties

UAE minister urges firms to seize opportunities in Vietnam

The Economy Minister of the United Arab Emirates has called on both UAE and Vietnamese businesses to seize the opportunities offered by the great potential in economic and trade ties between the two countries.

Vietnam condemns terrorist act in any form

 Vietnam condemns terrorist acts in any form, Foreign Ministry’s spokesman Le Hai Binh has said in response to a school attack in the northern Pakistani city of Peshawar that left hundreds of people dead and injured on December 16.

Vietnam’s top ten musical events of 2014

 VietNamNet Bridge – The Music and Press Club, under the Vietnam Musicians’ Association (VMA), and the Vietnam Journalists’ Association on December 16 announced the top ten Vietnamese musical events and activities of 2014.

Cuba's Raul Castro urges US to lift trade embargo

 Cuban President Raul Castro has urged the US to end its trade embargo after the two countries opened formal talks on restoring diplomatic relations.

National cemetery to be built in Hanoi’s outskirts

 VietNamNet Bridge – The National Cemetery will be located in Thach That District while the National Funeral Home will be built in Hoai Duc District, according to Hanoi’s announcement of its cemetery development plan to 2030.

Saigon woman named Miss Southeast Asia 2014

 VietNamNet Bridge – The finale of the second Miss Southeast Asia pageant took place last weekend in the city of Yasothon, Thailand with the victory of Vu Tran Trieu Thu from Vietnam.

HCM City approves preservation plan for Saigon Tax Trade Center

HCM City People's Committee has approved the conservation plan of the Department of Culture, Tourism and Sports and the Department of Planning and Architecture for portions of the Saigon Tax Trade Center, which was built more than 100 years ago.  

Will lending in foreign currencies be stopped sooner than expected?

VietNamNet Bridge – Businesses are “reading between the lines” and assuming that they will not be able to borrow money in foreign currencies from early 2015.

Villas built in special-use forest

 VietNamNet Bridge – Wooden houses and a villa were built on an area of 3,000 square meters in the Nam Hai Van special-use forest.

Local art smashes auction record

VietNamNet Bridge – Days after noted Vietnamese artist Le Pho's View from the Hilltop set a new auction record, art collector Nguyen Minh still has a lingering feeling of regret.

Low quality of antennas hinders national TV digitalization program

VietNamNet Bridge – The implementation of the national TV digitalization program has encountered a problem as the TV antennas available on the market do not meet technical standards, making it impossible to receive terrestrial digital broadcasting.

Questions that remain

VietNamNet Bridge – The final answer by the provincial government of Thua Thien-Hue gives a huge sigh of relief when authorities there, succumbing to grave concerns among the public, decide to cancel a tourism project

A warm feeling in Dalat’s cold weather

 VietNamNet Bridge – Visitors to Dalat in November when cold weather begins to pervade the hilly resort town often choose to stroll in the bustling night market, taste delicious grilled corn, take a cup of hot soya milk

The pluses and minus of VN Spring Summer Fashion Week 2015

VietNamNet Bridge - Besides the collections honoring the traditional values, some designers, models and organizational procedures revealed the limitations which repeated the previous seasons.

Retailers get into festive spirit

 VietNamNet Bridge – Many streets in HCM City, including major downtown ones, big and small shopping malls, and stores are beautifully decorated as people prepare to welcome Christmas and New Year.

Real-life adventurous Escape Room lures young people

Real-life adventurous Escape Room; New Year's show for 500 disadvantaged children; Canada Food Festival opens in Hanoi; Vietnam heritage winning photos on tour; MPK stages final photo display

BUSINESS IN BRIEF 18/12

Authorities mitigate impact of falling oil price to State budget; EU supports enforcing Competition Law; Tra fish exporters adapt to tougher markets; Vietsovpetro fulfils yearly plan; PM approves Licogi’s equitization plan

New laws help harness capital inflows

 VietNamNet Bridge – On November 26, 2014, the National Assembly passed the new Law on Investment and Law on Enterprises. Both changes were initiated to spur additional foreign investment interest that should commence

Vietnamese travel book wins American Graphic Design

 Travel guide book Saigon Zoom In, designed by painter Nguyen Tri Phuong Dong and his young associates from Dai Viet Hoan Cau Company, has become the first Vietnamese book to win America Graphic Design 2014 award.

Dutch group wants to buy 70% stake of Cam River Shipyard

VietNamNet Bridge - World-renowned shipbuilder Damen from the Netherlands has expressed interest in buying at least a 70% stake of the Cam River Shipbuilding Company, the most valuable subsidiary of the Shipbuilding Industry Corporation (SBIC).