BUSINESS IN BRIEF 1/11

 VN strengthens investor protection, says WB; Phu Yen destined for Viet Nam Seafood Festival 2014; Vietnam-UK trade turnover sees strong growth; Vietnam seeks trade balance solutions; Vietnam opts for solid, feasible economic growth

EVENTS SCHEDULED FOR Nov. 1 - 15 (daily updated)

 Updated information about cultural events in big cities of Vietnam.

Vietnam tennis star makes top 100 on junior world ranking

 Vietnam tennis prodigy Ly Hoang Nam rose 47 spots to 95th place with 331 points on the latest junior world ranking, published by the International Tennis Federation on October 28.

Vietnamese contemporary artwork travels to UK

 VietNamNet Bridge – The lacquer painting Giong (St Giong) by Vietnamese master painter Nguyen Tu Nghiem is on display at Cambridge University's Museum of Archaeology and Anthropology (MAA).

EU promotes cooperation with Vietnam

The working visit of a European Parliament (EP) delegation to Hanoi and Ho Chi Minh City was aimed at promoting the ties between the EU and Vietnam, according to Ambassador and Head of EU Delegation to Vietnam Franz Jessen.

One and all businesses evade tax, national purse torn

Big enterprises have been found as evading tax--foreign invested enterprises were involved in transfer pricing scandals, while state owned economic groups repeatedly insist on tax exemption and reduction.

Kien Giang abandons V.League, Binh Dinh gives up First Division Tournament

 VietNamNet Bridge – By late afternoon of October 30, the deadline for registration for the 2014 V-League, K.Kien Giang FC did not fulfill the registration. Thus, the V-League 2014 will only have 13 teams instead of 14 as usual.

Coach Phuc of national football team suspended at night

 VietNamNet Bridge - Coach Hoang Van Phuc and his U23 team had 13 losing games but after the extraordinary draw against Bangu Atletico yesterday, the Vietnam Football Federation (VFF) suspended Phuc last night.

Vietnam to welcome the 90 millionth citizen on November 1

VietNamNet Bridge - On the morning of November 1, the 90 millionth baby of Vietnam will be celebrated at the Hanoi-based Central Maternity Hospital.

Evening gowns of Truong Thi May and Miss Universe contestants

 VietNamNet Bridge – The Vietnamese representative performs a pink sequin gown with deep cut on the chest.

VNPT to offload mobile network

 VietNamNet Bridge – The Viet Nam Post and Telecommunications Group (VNPT) would keep one of its two giant mobile networks, Vinaphone and Mobifone, but let the other spin-off.

US renews vow to help Iraq combat terror attacks

 The United States vowed to help Iraq combat terror groups as mounting attacks claimed more lives ahead of talks between Iraqi Prime Minister Nuri al-Maliki and President Barack Obama.

Truong Thi May active at Miss Universe

 VietNamNet Bridge – Vietnam’s representative at the 2013 Miss Universe pageant knew the birthday of Miss Greece - Anastasia Sidiropoulou and gave her a meaningful gift.

HCM City hotels hit by rising competition

VietNamNet Bridge – Both occupancy rate and revenue per available room (RevPAR) of hotels in HCM City fell slightly in the third quarter due to increase in room numbers and lower demand.

Fire pit on Saigon’s street caused by methane gas

On October 28, an explosion suddenly exploded on Binh Loi road, Binh Thanh district, HCM City. After the explosion, a hole of 20cm in diameter and 30cm deep was formed on the road.

Chinese tourist fined for bringing wrong maps into Vietnam

Carrying 257 leaflets with Vietnam maps, which do not have the two islands of Hoang Sa (Paracels) and Truong Sa (Spratlys), a Chinese passenger was fined VND30 million ($1,500) at the Da Nang International Airport.

Hydro projects turn the tide

Lawmakers yesterday listened to an assessment report on the Government's construction and operation of hydro-power projects, noting that those that conflicted with environment or affected the safety of residents should be eliminated.

Education Ministry vows to reform exams mechanism

 VietNamNet Bridge – The Ministry of Education and Training (MOET) is planning the reform the exam mechanism, striving to organize exams in a less stressful and costly way.

SBV seeks to curb bank cross ownership

 VietNamNet Bridge – Governor of the State Bank of Viet Nam Nguyen Van Binh has committed to take more measures against cross ownership in local commercial banks to make the banking system safer.

Vietnam ranks 99th for Ease of Doing Business

 VietNamNet Bridge – This year, Vietnam is ranked 99 out of 189 economies, signaling that the country needs to do even more in order to improve its position on the list.

Toyota Classics 2013 to take place in Hanoi

 VietNamNet Bridge – Toyota Classics 2013 – the 16th of the annual concert in Vietnam - is scheduled to take place at the Hanoi Opera House on November 5 with the spotlight on Eastern European rhythms.

Vietnam collects medals at Asian Youth ParaGames

 VietNamNet Bridge – Vietnam has claimed 15 gold medals at the Asian Youth ParaGames after four days of competing in Malaysia.

Vietnam, US hold defence dialogue

 VietNamNet Bridge – The US is keen to strengthen its ties with Vietnam and other ASEAN member countries on the basis of trust building in cooperation areas.

Natural and human-made calamities rushed down in central region

The central region has suffered from 11 typhoons and floods so far this year. It has also incurred the human-made floods when hydropower plants discharge water. Tens of thousands of families lead a destitute life.

Foreign firms caught with pirated software

 VietNamNet Bridge – A group of technology police inspectors say they have found pirated software worth 10 billion VND (476,190 USD) being used by six foreign companies in Hanoi.