Prostitution in Ho Chi Minh City develops complicated again

VietNamNet Bridge - "After the provision on not sending prostitutes to rehabilitation centers, prostitution in HCM City has become complex again," said Mr. Le Van Quy, Deputy Chief of the HCM City Bureau for Social Evils Prevention.

BUSINESS IN BRIEF 14/1

A tough year for rice exports; Coal sector urged to settle inventories; Vietnam to get US$1.36 bln in ADB loans in 2013; Tet market prices under strict scrutiny; Preferential policies attract new businesses to HCM City

Hydroelectric plants enjoy profit deluge

VietNamNet Bridge – Several hydroelectric plants operated by the Electricity of Viet Nam (EVN) reported profits last year thanks to increases in output and average power prices.  

Youngster Nam bows out of Copa Gatorade

Ly Hoang Nam was knocked out of the Copa Gatorade in Venezuela yesterday after going down 2-6, 6-7 to No 4 seed Luca Corinteli of the US.

Vietnam to have US$27 billion oil refinery

Petroleum Authority of Thailand (PTT) has decided to invest nearly US$27 billion in a petrochemical complex project in the south-central province of Binh Dinh.

Hotels earn trillions of dong from gambling services

VietNamNet Bridge – There are some 50 establishments that provide electronic games for prizes to foreigners in Vietnam. The revenue from the services has been increasing steadily. The figure was VND5 trillion in 2011.

MONRE announces top ten events in 2012

The approval of the Law on Water Resources and National Strategy for environmental protection through 2020, the introduction of climate change and sea level rise scenarios for Viet Nam are among top ten events

Artists perform contemporary dance in Ha Noi

 VietNamNet Bridge – Audiences in Ha Noi will get a unique perspective of a typical working day for Vietnamese farmers thanks to a contemporary dance show due to make its debut on January 22.

Failure to plug into new power sources

 VietNamNet Bridge – Although the landmark 2,400 megawatt Son La hydropower plant was plugged into the national power grid not long ago, the potential for electricity shortages still loom across Vietnam.

Why doesn’t Starbucks choose a Vietnamese partner?

It’s understandable why the US Starbucks decided to set up its first shop in Vietnam in HCM City, a commercial hub. Meanwhile, it’s enigmatic why it did not choose a Vietnamese partner, but a Hong Kong one-- Maxim’s Group.

Aviation sector weathers tough year with modest growth

Vietnam’s aviation sector posted single-digit growth in terms of passenger number in the challenging year 2012 when macro-economic woes forced individual and corporate passengers to tighten their purse strings.

What do the big bosses receive for Tet gift in the Year of Snake?

VietNamNet Bridge – Despite the economic downturn and the decrease in incomes, Vietnamese still hunt for luxurious and expensive things to give to their “big bosses” as the thanks for job opportunities.

Overseas Vietnamese want to be more strongly protected by the Constitution

Overseas Vietnamese entrepreneurs and intellectuals who returned home to attend the conference of the Vietnam Fatherland Front last week expected that the Constitution more strongly protect their freedom of business and research in Vietnam.

Making ginger jam for lunar New Year

VietNamNet Bridge – The lunar New Year is adjacent. Hundreds of enterprises in Quang Ngai City and other localities are in a hurry to produce ginger jam to serve northern customers.

“Red light district” is not simply “service zone”

 VietNamNet Bridge – Setting a “red light district” seems to be a good way to solve physiological needs and related problems to illegal prostitution. But...

Historian says Vietnamese students don’t keep nonchalant to Vietnamese history

Duong Trung Quoc, a well-known Vietnamese historian, after watching the clip “Vietnam, hinh hai mot chu S”, has affirmed that Vietnamese students do not keep indifferent to Vietnamese history as previously thought.

Some industries to be prohibited to run production in river valleys

VietNamNet Bridge – The Ministry of Natural Resources and the Environment (MNORE) is planning to prohibit some types of production activities in river valleys in an effort to protect the environment.

‘Dep' charts new fashion territory

 VietNamNet Bridge – The nation's premier fashion event will take viewers on a "unique" journey from the catwalk to the sidewalk this year, presenting conceptual and applied creations of five top designing talents in Viet Nam.

Foreign investment in real estate: don’t judge a man by his looks

The foreign direct investment (FDI) in the real estate sector in HCM City decreased sharply in 2012. However, experts say this is not bad news at all.

Experts voice school science quest doubts

 VietNamNet Bridge – The national science and technology contest for high school students has come under fire from experts, who doubt the scheme's ability to improve the quality of curricular subjects

Key tournaments of Vietnam’s sports in 2013

 VietNamNet Bridge – The Vietnam’s Ministry of Culture, Sports and Tourism has selected 2013 as the key year to implement the national sports and physical development plan in the 2011-2015 period.

Telcos awaiting MIC’s nod to earn VND1.8 trillion more a year

The military telecom group Viettel has proposed the Ministry of Information and Communication (MIC) to increase the floor connection fee for incoming international calls from US4.1cents currently, to US6 cents per minute.

Vietnam will export 7.5 million tonnes of rice in 2013

 VietNamNet Bridge – Vietnamese rice exporters aim to export at least 7.5 million tonnes of rice in 2013, but less than last year, according to Truong Thanh Phong, President of the Vietnam Food Association (VFA).

Anti-pollution, climate change plans unveiled

 VietNamNet Bridge – The Government has earmarked VND379 billion (US$18 million) for two programmes this year to improve environment quality and the country's ability to cope with climate change.

BUSINESS IN BRIEF 13/1

MARD suggests changing import laws; ‘Zombies' thrive in Viet Nam; 2012 auto sales at 93,000 units; Small traders get training for better competitiveness; Many SOEs in HCM City have debts tripling chartered capital