MPI can see bright prospects of the national economy

A report has been sent by the Ministry of Planning and Investment (MPI) to the National Assembly’s Economics Committee, which says that new positive signs have appeared which the ministry believes will become clearer in the upcoming months.

Southern expressway is unsafe: meeting

With inadequate traffic signs, poor lighting and cracks, the unfinished Trung Luong – Ho Chi Minh City Expressway is unsafe, heard a Thursday meeting about the management of this expressway 15 months it was opened to traffic.

Vietnam’s sea-related industries – sleeping giants

VietNamNet Bridge - Vietnam’s sea-related industries, like sleeping giants, have failed to cash in on many large advantages, which are offered by the country’s profuse water resources, experts say.    

Vietnam’s Olympic dream comes to an end

Vietnam’s Olympic qualifying football team lost out to Saudi Arabia 4-1 in the second qualifying round for the 2012 London Olympics at My Dinh stadium in Hanoi on June 24.

Massive airfare discounts give a hand to Vietnamese backpackers

VietNamNet Bridge – Travel firms say that it is now the right time for travelers to book domestic and outbound tours, when a lot of domestic and foreign airlines are running sales promotion programs.

Peaceful rise?

VietNamNet Bridge - China, circa 21st century, likes to portray itself as a “soft power” whose “peaceful rise” should not threaten the world.

Hanoi through a Saigonese’s lens

VietNamNet Bridge – Photographer Nguyen The Duong, has just finalized the first stage of a project named “I Love Hanoi”. In the eyes of a Saigonese man, Hanoi looks different.

TPP expected to bring opportunities to garment industry

Trans-Pacific Strategic Economic Partnership Agreement, with the participation of the US, is believed to pave the way for Vietnam’s garment products to penetrate the US market. However, it remains unclear if Vietnam can grab the opportunity.

BUSINESS IN BRIEF 26/6

Fishermen do not give up on sea despite losses; FinanceAsia honors 5 financial institutions in Vietnam; Cassava exports increase as China prices surge; Financial M&A expand slowly; Textile exports up though producers suffer lower profit  

Vietnam stops importing sugar when prices low, imports when prices high

VietNamNet Bridge – Just one month ago, when the world’s prices were low, sugar refineries affirmed that no need to import sugar. Now, when the world’s prices increase, they believe that it is necessary to import sugar.

Storm Haima wreaks havoc in North Vietnam

Contrary to previous predictions, tropical storm Haima landed in Thai Binh province yesterday evening. At least 10 people were killed, 14 were missing and hundreds of others were injured in some northern provinces

MOF attempts to impose high tax on coal exports

VietNamNet Bridge – The Ministry of Finance is considering raising the tariff on coal exports to 20 percent, on the worry that the “black gold” reserves are getting depleted which would cause the lack of coal for thermopower plants.

Global Times comments lack goodwill: ministry

At a regular press briefing on June 23, Foreign Ministry Spokesperson Nguyen Phuong Nga said Vietnam congratulates Ban Ki-moon on his reappointment as Secretary General of the United Nations for another term.

6 Chinese warships cross seas between Okinawa and Miyako islands

Six Chinese warships passed through the high seas between Okinawa and Miyako islands Wednesday afternoon into the East China Sea.

‘Green' buildings can save money in the long run

Promoting "green" buildings was a challenge in Viet Nam, given a lack of specific standards and procedures for construction and a lack of competent human resources, according to the HCM City Energy Saving Centre (ECC-HCM City).

Entertainment awards: many but low quality

VietNamNet Bridge – It is difficult to make statistics of awards in Vietnam’s entertainment market so far, because many of them have disappeared. Below are several “reputed” awards which attract the public’s attention.

Vietnamese women warned on dangers of molar pregnancies

VietNamNet Bridge – More than 9,000 women in Viet Nam are found to have molar pregnancies a year, according to research conducted by the National Hospital for Obstetrics and Gynecology.

Ministry plans to halt veggie imports

VietNamNet Bridge – A proposal to confiscate and destroy vegetables carried from Europe in travellers' luggage was submitted to the Prime Minister by the Ministry of Agriculture and Rural Development (MARD)

Minh falls to world No 1 Wei in Indonesia

VietNamNet Bridge – Viet Nam's Nguyen Tien Minh was ousted from the Indonesia Open Superseries Premier after losing 10-21, 14-21 to world No 1 Lee Chong Wei in yesterday's quarter-final round in Jakarta.

Vietnam CPI rises 21 pct y-o-y

Vietnam’s consumer price index (CPI) in June rose by 1.09 percent against May, bringing the country’s CPI to 13.29 percent this year - a 20.82 percent rise year on year, according to Vietnam General Statistics Office (GSO).

Hang ready to step up a gear

VietNamNet Bridge – Viet Nam's top middle-distance runner Truong Thanh Hang will compete against strong rivals at the Cottbus Track and Field Meeting in Brandenburg, Germany today, June 25.

East Sea pressures ASEAN

VietNamNet Bridge - It will apparently take more than two to tango to resolve East Sea issues, as observers urge ASEAN to engage economic powers in dispute settlement.

Festival celebrates families

Hundreds of households are expected to gather in Ha Noi on June 25 to celebrate the 10th annual Viet Nam Family Day, said organisers.

BUSINESS IN BRIEF 25/6

Petrol price constant despite global fluctuation; Risk management to protect cotton industry; Seed shortage threatens crop; Ministry seeks income tax changes; Khanh Hoa’s waste nix plant long overdue; HTC launches most high-end handset in VN  

Tax break proposed to the Government

The Ministry of Finance has drafted a tax break law which includes a range of corporate and personal income tax exemptions and deductions.