Seafood processors lack capital for operations

Seafood enterprises have faced a serious lack of production and business capital since early this year, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).

Tam Hai – A picture of fishing village

Leaving Highway 1A, taking a ferry boat at the Truong Giang River’s estuary, visitors will reach Tam Hai Commune. Apart from the estuary there are only the sea and a village locally known as the fishing village of Tam Hai.  

Partners turn out to be “sharks”, businesses turn out “enemies” (Part 1)

Foreign partners and strategic shareholders assume their own forms as the sharks which try to swallow smaller fish. Once successfully taking over Vietnamese enterprises, they would control the Vietnamese market.

Transfer-pricing comes under attack

Tax authorities this year would inspect 7,800 enterprises, particularly those suspected of transfer pricing, in an aim to avoid tax losses and ensure a fair business environment, a conference heard yesterday in HCM City.

Low-cost smartphones dominate market

Although Viet Nam's mobile phone market has been unable to maintain its previous high growth rate, smartphones continued to be popular last year as vendors launched low-cost models.

Buffalo cart for the bride

In Vietnam, most brides are often carried to their grooms’ houses by car. However, a couple in Nghe An had a unique wedding when the groom carried the bride home on a buffalo cart.

Finding love on the Moc Chau Plateau

The Moc Chau Plateau in northern Son La province is home to an annual love market where for centuries ethnic minority Mong youngsters have met, exchanged gifts and promised to meet each other in the following year.

Who will follow walker Thanh Phuc in getting a card to the Olympics 2012?

VietNamNet Bridge – The first ticket of Vietnam’s track-and-field comes to walker Thanh Phuc. Pressure is now on the shoulder of senior athletes, like runners Truong Thanh Hang, Vu Thi Huong and high-jumper Duong Thi Viet Anh.

Businesses, individuals live together with the risk of information leakage

People and businesses now tend to apply necessary measures to protect themselves from leaking personal information.

Studying overseas and the reverse of the medal

VietNamNet Bridge – Sending children abroad to famous universities is now in fashion among well off families. However, in many cases, overseas study cannot bring the desire things.

Quang Nam ‘stands’ 47 hydro-power plants

With a population of 1.5 million people and area of over 1 million hectares, Quang Nam province is the home to 47 hydro-power plants. Scientists are worrying that the rampant development of hydro-power will ruin the province’s environment.

White tigers, rhinos at Nghe An’s tourist site

VietNamNet’s correspondents paid a visit to the Trai Bo ecological tourist zone in the central province of Nghe An to take pictures white tigers and rhinos there.

Exhibition of 17 Southeast Asian artists

VietNamNet Bridge - Seventeen artists from Vietnam, Thailand, Myanmar, Cambodia, Indonesia and the Philippines will introduce their artworks at the Vietnam Fine Arts Museum, 66 Nguyen Thai Hoc Street, Hanoi from 12 through 29 April.

Dutchwoman Koen added to Transport for London's Olympic map

The "Flying Housewife" Fanny Blankers-Koen, who won four golds at the 1948 Olympic Games, has been added to the map of Transport for London's Olympic map, reports said here on Thursday.

More banks to change hands

VietNamNet Bridge – The recent moves and statements made by commercial banks shows that more banks would change hands in the time to come.

Google begins testing augmented reality glasses

Google on Wednesday announced to test its "Project Glass," a pair of augmented reality glasses that provides users real-time information right in front of their eyes.

Finance Ministry considers tariff cut to save enterprises

VietNamNet Bridge – Minister of Finance Vuong Dinh Hue said that the ministry is making a survey on difficulties of businesses in order to take measures to help them.

BUSINESS IN BRIEF 7/3

High-quality Vietnamese products to be showcased; HCM City launches export promotion campaigns; EU grants 11 mln euros to tourism development project; Cashew industry targets $1.5b in exports; Investors urge cuts in interest rates

BUSINESS IN BRIEF 7/4

Confidence slips back but businesses think of efficient growth initiatives; Salt question leaves bitter taste; Habubank takeover awaits final okay; Foreign currency loan restrictions hit wood importers; Seafood firms yet to hook bumper deals

Corruption still popular among local businesses

Local enterprises still engage in corrupt practices in exchange for favorable conditions for business activities, said a research on corruption situation in Vietnam.

Ha Noi budgets for 15 more hospitals

VietNamNet Bridge – The city would reserve land and funding for future development schemes, including those for hospitals and schools, stated Municipal People's Committee Chairman Nguyen The Thao yesterday

IMF members to discuss additional resources during Spring Meetings

The International Monetary Fund (IMF) said Thursday that policymakers from its member nations will discuss topics including increasing additional lending resources for the global lender during its upcoming Spring Meetings.

High shipping fees eat businesses’ profits

Since the beginning of the year, Vietnamese import-export companies receive the notice on shipping fee and charge increases every month.

One-in-three children are undernourished

VietNamNet Bridge – The Viet Nam General Nutrition Survey 2009–10 report, released yesterday, revealed that one out of three children under the age of five suffers from malnutrition, causing serious developmental defects.

Best time to visit Central Highlands

VietNamNet Bridge – The Tay Nguyen (Central Highlands) is always a mysterious destination for travellers who like to explore the pristine beauty of primeval forest, marvellous waterfalls and the rich cultural values of 44 local ethnic groups.