GOVERNMENT IN BRIEF 11/9

 President welcomes Cuba's chief judge; RoK President: HCM City is symbol of Vietnam-RoK cooperation; Public Security Minister receives outgoing Japanese ambassador

Administrative simplification required in draft law on immigration

VietNamNet Bridge – Chairman of the National Assembly Nguyen Sinh Hung asked the drafting board of the law on immigration, migration and residence of foreigners in Vietnam to take special notice of simplifying administrative procedures

Singapore, Vietnam link up strategically

 VietNamNet Bridge – Singapore's Prime Minister Lee Hsien Loong will arrive in Ha Noi today (Sept 11) for a three-day visit at the invitation of Prime Minister Nguyen Tan Dung.

France seeks tough UN resolution on Syria chemical arms

 France, Britain and the United States on Tuesday pressed for a UN Security Council resolution to force Syria to destroy its chemical weapons in the face of tough Russian resistance.

Two jewellers await gold import licences

 VietNamNet Bridge – The State Bank of Viet Nam (SBV) will grant licences to two local jewellery companies this week, allowing them to import raw gold, but for production purposes only.

International Travel Expo opens in HCM City

 The ‘International Travel Expo Ho Chi Minh City 2013’ will kick off at the Saigon Exhibition and Convention Center in District 7 in Ho Chi Minh City from September 12-14.

Industrial HCMC hubs struggle to treat waste

 VietNamNet Bridge – Only two out of 16 HCM City-based industrial hubs have set up centralised waste water-treatment systems, according to the city Natural Resources and Environment Department Director, Dao Anh Kiet.

Ethnic minority man invents rescue robot

The gold medal winner for a rescue robot at the 2013 International Exhibition for Young Inventors is Hoang Duy Khanh, a 12th grader in Lang Son province.

Mit Nai in Can Tho is worth an exploration

 VietNamNet Bridge – Mit Nai-Dan Tien area in Can Tho City includes many historical and cultural relics such as Mit Nai Market, Dan Tien Pagoda and Thay Cau Garden.

LG’s $1.5 billion complex licenced

 VietNamNet Bridge – South Korea’s LG Electronics today received the investment certificate for its $1.5 billion manufacturing project in the northern Haiphong port city.

Budding director makes his mark in Russia

 VietNamNet Bridge – Young documentary director Dinh Xuan Truong recently featured on a renowned Russian news show to discuss his passion for filmmaking in the country.

Local banks plan to sell bad debt to asset management firm

 VietNamNet Bridge – The Nam Viet Commercial Joint Stock Bank (Navibank) and Asia Commercial Bank (ACB) have lodged plans to sell non-performing loans to the Viet Nam Asset Management Company (VAMC).

MIT and Harvard top world university list

 The United States comes out on top in an authoritative list of international university rankings published Tuesday, with the Massachusetts Institute of Technology (MIT) and Harvard University leading the way.

Buffalo fighting festival recognised as intangible cultural heritage

 The Do Son buffalo fighting festival in the northern port city of Hai Phong will be recognised as a national intangible cultural heritage on Thursday when the festival takes place.

Foreign workers without work permit to be deported, new regulations

VietNamNet Bridge - The new decree that will take effect from November 1, 2013 includes detailed provisions on the granting of work permits to foreign workers in Vietnam and deportation of those without work permits.

 

BUSINESS IN BRIEF 11/9

 Vietnam's seaport system to be adjusted; Tra fish exports to EU down by 12.8 percent; Vietnam, RoK SMEs boost cooperation; Opportunities and challenges for farm exports

Vingroup temporarily delays Singapore IPO

 VietNamNet Bridge – Vingroup Joint Stock Company (Vingroup JSC) will temporarily delay its plans to sell shares and have them traded in Singapore in response to foreign investors pulling capital out of emerging markets.

When US consumers disrelish Chinese

 VietNamNet Bridge – Great opportunities have come to Vietnamese producers to boost the exports to the US, when the US consumers have got tired of Chinese goods after the product quality scandals.

Apple shares up ahead of new iPhone launch

 Apple's shares climbed ahead of an expected move on Tuesday to expand the iPhone domain with a pair of new models, including one aimed at China.

Police uncover huge ATM fraud operation in Nha Trang

 Police in the central province of Khanh Hoa has arrested three foreigners for using counterfeit ATM cards to withdraw money from banks’ ATMs.

Vietnam tennis players compete in Davis Cup 2013

 A five member Vietnam tennis team left Hanoi on September 8 for the 2013 Davis Cup tournament, the premier international team event in

Railway stations to offer free wifi

Yesterday, September 9, the Saigon railway station put into use a free wifi system, which help passengers easily access to the Internet, search for information while waiting for the train and their relatives.

Vietnam’s farm produce exports remain precarious

The export prices have been unstable. The main export items such as rice, coffee and rubber have seen the export volumes drop sharply. As for seafood exports, shrimp are the only products seeing growth, while tuna and catfish exports have gone down.

New WTO head stresses importance of multilateral negotiations in inaugural speech

 The new head of World Trade Organization (WTO) Monday stressed in his inaugural speech the vital role of WTO in a global economy that "is in a state of flux" and pledged to boost the multilateral negotiations.

NA Standing Committee starts 21st session

 VietNamNet Bridge – Deputies will review Government and ministry activities at the 21st session of the National Assembly Standing Committee, which began yesterday, Sept 9.