The real estate market in 2013 as seen by foreign consultancy firms

Foreign consultancy firms all believe that the real estate market would still be very difficult in 2013, while the prices would continue decreasing.

Foreign retailers expand business, dominating retail market

While foreign retailers have been unceasingly expanding their business by setting up more retail stores, domestic have to scale down their business because of the big losses

Where will you go, Vietnamese products?

VietNamNet Bridge – The recent decision of the US to impose anti-dumping duties on Vietnamese catfish makes pessimists worry: will the liberalization of trade be washed away?

BUSINESS IN BRIEF 28/2

Drought to be severe this year, meteorologist; Vietnam-Laos highway inaugurated; SBV affirms abundance of foreign currencies; Businesses close for post-Tet prayers; Companies face fines for late salary payment

Vietnam's stock market loses nearly VND34 trillion due to rumor

The police have set up a committee to investigate the origin of the fabricated information, speculation about that the President of the Bank for Investment and Development of Vietnam was arrested.

Hoi An gets most favorite city award

 VietNamNet Bridge – Hoi An received the Top City in the World award voted for by Wanderlust magazine readers at a ceremony in the central province of Quang Nam on Saturday.

Inflation holds steady despite Tet demand

VietNamNet Bridge – The consumer price index (CPI) in February rose by only 1.32 per cent against the previous month, lower than expected thanks to abundant supplies of essential commodities,

More good commodities to be marketed as equitization process accelerates

Stock investors expect to see more good commodities to be marketed soon in 2013, when a series of state owned enterprises go equitized in the year after many years of preparation.

Vietnamese Women’s Football Team receives ASEAN titles

 VietNamNet Bridge – The Vietnamese Women’s Football Team has been presented with two awards by the ASEAN Football Federation in both individual and collective titles.

Forest fires in Ca Mau, HCM City

Several forest fires have been reported in the southernmost Ca Mau province and Ho Chi Minh City on February 26, which wreaked havoc for a large area of forests in the two localities.

Vietnamese movies take centre stage in Perth

Award-winning movie Pao's Story has kicked off the Vietnamese film festival in Perth, Australia as part of celebrations marking the 40th anniversary since diplomatic relations were formed

Aboriginal dancers to perform

 VietNamNet Bridge – Leading Australian indigenous dance theatre group Bangarra will bring their spiritual performance to the Hanoi Opera House on March 2.

Blast sparks tighter rules on explosives

VietNamNet Bridge – The HCM City People’s Committee chairman Le Hoang Quan has ordered the Department of Planning and Investment to review all companies that use inflammable and explosive materials

Vaccine shortfall in Da Nang

 VietNamNet Bridge – Thousands of infants in Da Nang had to return without receiving their scheduled vaccinations on Monday because the central city had underestimated the quantity of vaccines needed.

IT sector to tap outsourcing market

 VietNamNet Bridge – The software industry could reap a bonanza in 2013 as Japan looks for outsourcers beyond China, according to the Vietnam Software Association (Vinasa).

First female Vietnamese pilot

 VietNamNet Bridge – Flying aircraft is universally regarded as a challenging career because of its strict professional standards and requirements. Nguyen Thi Thanh Thuy,

Da Nang to challenge Ayeyawady United at AFC Cup

Having won their first national Super Cup, a buoyant SHB Da Nang team are preparing to host Myanmar’s Ayeyawady United in the Asian Football Confederation (AFC) Cup today.

Vietnamese acrobats win silver medal at Int’l Circus Festival

 VietNamNet Bridge – Two acrobats from the Ho Chi Minh Circus Troupe have won silver medals at the Figueres International Circus Festival in Spain, which was held on February 21-25,

PM approves economic restructuring plan centred on credit institutions and SOEs

State funding would represent 35-40 per cent of the total social investment, which is to make up 30-50 per cent of the nation’s gross domestic product (GDP) in the coming years,

JPMorgan to slash 19,000 jobs by end-2014

 US banking giant JPMorgan Chase plans to axe up to 19,000 jobs by the end of 2014 as it seeks to rein in costs, the company said Tuesday in an investor presentation.

Difficulties in foreign collaborations for Vietnamese musicians

 VietNamNet Bridge – Although many Vietnamese artists have been trying to get themselves onto the rosters of music events in other countries, they face many difficulties.  

Malaysia offers 200 free Grand Prix tickets to Vietnamese visitors

 VietNamNet Bridge – The Malaysia Tourism Promotion Board (MTPB) will offer Vietnamese tourists 200 free tickets to watch the 2013 Formula 1 (F1) Petronas Malaysian Grand Prix,

Best education projects announced

The World Bank in Vietnam and the Australia Agency for International Development officially announced the five best projects to get their support for realising innovative learning programs in education and training.

Architects oppose underground station near Hoan Kiem Lake

VietNamNet Bridge – Several architects have voiced their objections to the Hanoi's Department of Planning and Architecture's (DPA) proposal to place an underground station near Hoan Kiem Lake,

Lawmakers ponder land use revisions

Revised land laws are expected to create a “land fund” free from disputes relating to site clearance and compensation – thus making it immediately available to bids from investors seeking land-use rights.