Overseas remittance to Vietnam hit US$9 bln

The overseas remittance to Vietnam is forecast to hit a record high of US$9 billion, up US$1 billion against last year, according to the World Bank.

Thanh Hoa uncovers its past

VietNamNet Bridge – Thanh Hoa tourism officials are hoping the ancient citadel built during the Ho dynasty (1400-07) that was recognised as a UNESCO World Cultural Heritage site in June will attract more holidaymakers to the area.

Despite big difficulties, enterprises still considering expanding business

Up to 32 percent of enterprises said they are still considering the business scale in 2012, despite the big anticipated difficulties, when they have finished the process of restructuring and can see improving market signs.

German coach Goetz to not return to Vietnam

VietNamNet Bridge – Coach Falko Goetz will not return to Vietnam on January 4, 2012, as scheduled. He will send his assistant to Vietnam to deal with the contract with the Vietnam Football Federation (VFF).

Poor woman returns winning lottery tickets

VietNamNet Bridge – Pham Thi Lanh, a lottery seller in the southern province of Long An, gave back 10 lottery tickets which win top prizes worth VND6.6 billion ($330,000) to a man who bought the tickets on the nod.

Da Lat gears up for bloom boom

VietNamNet Bridge – The Central Highlands resort city of Da Lat, already famous as the City of Flowers, is now the City of Flower Festivals.

Apple applies for face, presence detection patent for mobile devices

The United States Patent and Trademark Office on Thursday published a patent application from Apple related to face and presence detection for iOS devices, which is expected to be one of the next chapters for mobile security.

Earthquakes in Quang Nam have no relation to volcanoes

Scientists of the Institute for Science and Technology of Vietnam have concluded that underground explosions in Bac Tra My district in Quang Nam province were caused by Song Tranh 2 reservoir induced seismicity, not the operation of volcanoes.

VN grows at 5.89 percent in 2011

Vietnam achieved a GDP growth rate of 5.89 percent in 2011, the General Statistics Office (GSO) announced in Hanoi on December 29.

BUSINESS IN BRIEF 31/12

Footwear sector shrugs off economic woes; Listing standards raise issues; Top 100 products, services honoured; More int’l brands shifting base to Vietnam from China; More int’l brands shifting base to Vietnam from China  

EVENTS SCHEDULED FOR JAN. 1-15 (Update)

Conference on Vietnamese Poems; German Film Week; New Year Special Concert “Hayden Night”; Exhibition “Nothing New under the Sun”; Exhibition of Worshipping Mother Goddesses; Concert with Limousine

Gold continues to drop as dollar gains

Gold futures on the COMEX Division of the New York Mercantile Exchange slipped for the sixth consecutive session on Thursday, as the dollar's rally muted demand for precious metals as an alternative investment.

Hotels booked up for Tet

VietNamNet Bridge – Most hotels at tourist destinations around the country have reported full bookings for the Tet (Lunar New Year) holidays in January.

Chinese dairy products flooding into Vietnam, raising worries

China sourced dairy products have once again raised worries among consumers after the Chinese Quality Inspection Directorate discovered the content of aflatoxin M1in the products of Mengniu was higher by 140 percent than the allowed level.

Experts back local coaches for football teams

VietNamNet Bridge – Experts believe the time has come for local coaches to take over the national football teams, but admit it also requires them to be paid similar salaries and allowed to do their job without interference.

ART & ENTERTAINMENT IN BRIEF 30/12

Charming Vietnam kicks off; Local World Heritage Site announces new logo; Fireworks display in HCM City to welcome New Year; Eighth-century artifacts discovered in Binh Thuan; Hanoi’s ancient street gets new face  

Mexican painter to exhibit in Da Lat

VietNamNet Bridge – Oil paintings and sketches of the Central Highlands city of Da Lat by Mexican artist Daniel Rueffert will go on display during the annual flower festival that runs from today, Dec 30, to next Tuesday.

Where to celebrate New Year in Saigon

New Year welcome programs offered by hotels in HCM City.

Investment bank raises $75m from IPO

The Bank for Investment and Development of Viet Nam (BIDV), the country's second biggest in terms of total assets, has raised VND1.58 trillion (US$75 million) in its initial public offering (IPO) on Wednesday.

Helicopter search for Vinalines Queen stopped

VietNamNet Bridge - After three days of unsuccessful search for the Vietnamese cargo ship, Vinalines Queen, the Philippines and Japan stopped using helicopters in their search and rescue operations as of December 29. 

State transport group to run car parks in Ha Noi

VietNamNet Bridge – Ha Noi Transport Corporation (Transerco) has been put in charge of granting licences and managing car parks in the centre of Ha Noi on a trial basis from next month, the municipal People's Committee has announced.

SOCIETY IN BRIEF 30/12

Five die from toxic fumes in illegal mine; Robbers throw $72,000 money bag into stream; Children get free entry to historical sites; Million-dollar civil servant gamblers suspended

Businesses “live from hand to mouth”, expecting orders for 2012

These days prove to be the busiest days for businessmen in the year, not because they have to spend time to manage the production, but because they have to move heaven and earth to get more jobs to earn more money.

Ministries rated average in effectiveness survey

All 14 ministries involved in the Ministerial Effectiveness Index survey, which evaluated the organizations’ effectiveness in developing and implementing business-related legal regulations, have been rated “average”.

War on Super League broadcasting right begins

The Vietnam Professional Football Company (VPF) on December 29 confirmed its ownership of the broadcasting right of the V-League 2012, which is now called the Super League.