BUSINESS IN BRIEF 15/7

 Diseases ravage shrimp farms in several provinces; US grants FDA certificate to Vinamilk; Sugar inventory running high as export deadline over; EZs, IPs database to be finalized

Binh Dinh asks for government’s instruction for the oil spill

 VietNamNet Bridge – The authorities of Binh Dinh province have reported the oil spill in Quy Nhon city to the Prime Minister and the National Committee for Search and Rescue.

VN firm wins management contract for Myanmar skyscraper

 VietNamNet Bridge – Viet Nam's Archetype Group has won the project management contract for Diamond Inya Palace, a building set to be the tallest one in Myanmar.

Jury still out on pre-marital cohabitation

 VietNamNet Bridge – The number of couples who cohabitate before marriage has rapidly increased in the Western world, and the practice is becoming common in Viet Nam.

2014 Hue Festival attracts 26 foreign arts troupes

 VietNamNet Bridge – Twenty-six troupes from 23 countries and territories across the world will join Vietnamese artists at the 2014 Hue Festival.

Banks slash staff in difficult times

 Banking was once one of the most popular professions among college graduates as it was believed to offer both high income and stability. That is, until the national economic recession hit.

Safety problems plague hydro-power plants

 VietNamNet Bridge – A number of serious malfunctions occurred consecutively at different small-scale hydro-power plants in the central region and Central Highlands over the last few months.

Traditional musicians to perform for free

 VietNamNet Bridge – Every Saturday from 8.30pm on the sixth floor of 34 Hoang Cau Street (Fansipan Mushroom Hotpot), you can enjoy a ca tru performance by Bach Van Ca Tru and Friends.

Becoming the first lady of an isolated island

 VietNamNet Bridge – Today, Hai Phong's Bach Long Vi Island is a model of prosperity. But when Dinh Thi Thuy first journeyed there in the early 90s, the place was just a desolate expanse.

Seven Nobel Prize winners to come to Vietnam

 VietNamNet Bridge - Hundreds of international scientists, including seven Nobel laureates will come to Vietnam to attend the 9th "Meet Vietnam" in the central province of Binh Dinh.

Bui Cong Duy to perform in “Autumn Melody”

 VietNamNet Bridge – Violinist Bui Cong Duy and his wife – pianist Trinh Huong – will perform in “Autumn Melody” concert, the program honoring classical music of HCM City.

Gov’t chief inspector names four fields of sophisticated corruption

 VietNamNet Bridge - Bank credit, land use and mineral management, construction, management and use of capital in SOEs are the four areas with sophisticated corruption, reported Inspector General Huynh Phong Tranh.

VN to persevere with biofuel conversion plan

 Viet Nam will continue to develop its production of bio-fuel, despite the fact it has been slow to catch on.

Vietnam's economy ranks 42nd in the world

With GDP estimated from purchasing power parity calculations equivalent to $322 billion, Vietnam's economy ranks 6th in Southeast Asia, after Indonesia, Thailand, Malaysia, the Philippines and Singapore.

Thais step by step expanding their business in Vietnam

Thai businessmen have been taking martial steps towards the Vietnamese market, having a presence in many business fields of the national economy, from hotels to tile, plastics manufacturing and retail chains.

State employees have easy access to preferential home loans

A number of homebuyers have benefited from the VND30-trillion low-cost home credit package launched by the Government, but it seems state employees have an advantage of accessing the low-interest loans.

Firms in dire need of information security personnel

 VietNamNet Bridge – Organizations and enterprises in Vietnam are running short of information security personnel, says a survey by the Vietnam Computer Emergency Response Team (VNCERT).

Quang Liem and Truong Son face trouble before World Cup

 VietNamNet Bridge - While all national sports teams are funded by the state, the chess team is not.

Steel giant reports large losses in first half

 VietNamNet Bridge – The majority of the Viet Nam Steel Corporation's (VNSteel) associate companies have reported losses and face difficulties due to the quiet real estate market and lower market prices.

Being lazy, mountainous people cannot escape poverty

 VietNamNet Bridge – A series of support policies for needy people are ineffective because many poor families are lazy and rely on the state’s assistance.

National wage council established

VietNamNet Bridge – Prime Minister Nguyen Tan Dung has recently signed a decision to establish the National Wage Council, headed by Deputy Minister of Labor, Invalids and Social Affairs Pham Minh Huan.

Italian rock band to hit city stage

 VietNamNet Bridge – The worldwide-renowned Italian rock band Lacuna Coil will perform at Crescent Residence in Phu My Hung, District 7 at 5 p.m. on July 20.

BUSINESS IN BRIEF 14/7

 Bottlenecks in fight against sturgeon smuggling; Vietnam dragon fruit to go back to Taiwan; Pepper exporters running out of stock; FIEs suffer from dismal supporting industries; VinaPhone, Viettel launch mobile money transfer

Central Inspection Committee proposes punishment on senior officials

 VietNamNet Bridge – The Committee has asked the relevant bodies to reprimand and punish some senior officials, including Minister of Justice Ha Hung Cuong, reported the Vietnam Plus.

Peru to open embassy in Hanoi

VietNamNet Bridge - Peru's Foreign Ministry has confirmed that the opening of its permanent embassy in Hanoi will boost economic ties, trade and development cooperation with Vietnam.