Number of dissolved, inactive firms rises 7% in January

Over 4,200 enterprises had dissolved or suspended their operations in the year to January 20, up nearly 7% against the preceding month and 11.3% year-on-year,

A Vietnamese airline stops flying after Tet

A private airline may have to stop flying after Tet (February 2013), Tien Phong has quoted its sources from the Civil Aviation Authority of Vietnam (CAAV) as reporting.

Hanoi's new agricultural models

VietNamNet Bridge - In 2012, the Hanoi Department of Agriculture and Rural Development started to implement 28 agricultural models which contribute to changing the face of rural areas and increasing the income of the farmers.

More than 250 miners shirk post-mining works

VietNamNet Bridge – Hundreds of mining enterprises have been found as running away after the mining period and not fulfilling the post-mining works they committed when receiving the exploitation licenses.

Chinese run away, Vietnamese lost trillions of dong for ornamental trees

Poor farmers living in rural areas have been afflicted because of the “hy-spy” game played by Chinese merchants. After collecting ornamental trees in masses, they quietly disappeared, leaving farmers with unsold trees and losses.

Health benefits to have holiday last several month

 Going on holiday not only makes you feel good while you're there - you reap the health benefits for months, new research shows.

Free chat software market heats up with competition

The competition in the free chat software market has become stiffer than ever with the participation of a lot of big technology groups, both foreign and domestic.

Authorities bemoan popular 'crude' satire show

 VietNamNet Bridge – The Department of Performing Arts has just asked Vietnam Television to explain the 'crude' content of Vietnam’s most highly anticipated satire show.

Economists say deflation, not inflation, is big worry for now

Vietnam feels joyful about its success in fighting against inflation, but deflation should be seen as a more serious problem, economists say.

Boat trip to Kim Bong wood carving village

 VietNamNet Bridge – Drifting for over 30 minutes from a small port on Thu Bon River in Quang Nam Province, I started my discovery to Kim Bong wood carving village in Cam Kim Commune on the opposite side of Hoi An ancient town.

The most famous "flower paradises" in Vietnam

VietNamNet Bridge - Going to New Year flower markets is a habit and traditional culture of many Vietnamese people. From north to south, the flower markets of each region have their own characters.

Nation poised to slap higher taxes on tobacco

 VietNamNet Bridge – Viet Nam is set to apply higher taxes, along with other stricter measures, on cigarette trading to limit consumption.  

BUSINESS IN BRIEF 2/1

New regulation seeks to refine urban planning process; Government approves border zone development; Balance of payment surplus estimated 10 bln USD; Ha Noi inflation double that of HCM City in first month of 2013

Staff cuts looming at banks

VietNamNet Bridge – Vietnam’s restructuring banking industry is moving ahead with plans to cut staff after initially announcing plans to cut salaries and bonuses for their staff in the 2013 Lunar New Year. 

Tourism sector fails to live up to its potential

 VietNamNet Bridge – Viet Nam welcomed 6.8 million international arrivals in 2012, marking a year-on-year increase of 13.86 per cent and bringing revenue of nearly US$7 billion.

Luxurious food and drink still in high demand

VietNamNet Bridge – The luxurious food and drink market has become boisterous. In fact, it has never been hurt by the economic crisis.

U.S. Senate approves postponement of debt ceiling deadline

 U.S. Senate on Thursday approved the postponement of the federal government's debt ceiling until May to keep the federal government in operation and give lawmakers more time

Leading TV fashion show to air in Vietnam

 VietNamNet Bridge – The Vietnamese Multimedia Joint Stock Company (Multimedia SJC) has bought the copyright of world-leading reality TV fashion show, ‘Project Runway’.

EVENTS SCHEDULED FOR FEBRUARY (daily updated)

 Updated information about cultural events in big cities of Vietnam.

At least 14 dead, 80 wounded after explosion in Mexico City

 An explosion in the headquarters of Petroleos Mexicanos (Pemex) in Mexico City on Thursday left 14 people dead and 80 others injured, the Mexican oil giant said on its Twitter account.

GM Liem placed 14th at UK chess champs

 VietNamNet Bridge – Vietnam’s top chess player Le Quang Liem was beaten by India’s Chanda Sandipan in his final match of Festival Tradewise Gibraltar 2013 on January 31.

Vietnamese hunt for food of kings

In the street for oriental medicine of Hai Thuong Lan Ong, HCM City, many people do not hesitate to pay a lot of money to purchase specialties like shark's fin, bird's nests, cordyceps roberti to enhance their virility.

Yen The chicken crow at Big C

The dispute between a Vietnamese company - Giang Son JSC, and a foreign invested supermarket chain Big C, on the brand “Ga doi Yen The” (Yen The chicken) has brought the initial result temporarily in favor of the business.

The special “soldiers” in Truong Sa Archipelago

VietNamNet Bridge – Coming from the mainland, dogs in Truong Sa Archipelago (Spratly Islands) are considered as "soldiers," because they are good friends with naval soldiers and help them guard the waters of the country.

GOVERNMENT IN BRIEF 1/2

  Foreign press links Vietnam to the world; Algeria-Vietnam parliamentarian group founded; Sympathies to Kazakhstan President; Finalising political regime a must; Nobel Prize winner Kroto visits Vietnam