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Vietnam spends more than it can earn

While total receipts of the state in the first four months of the year were VND317 trillion, total expenses reached VND370 trillion. The Ministry of Finance’s April report released on May 9 once again showed that the state budget is limited.

Trillion-dong takeover deals heat up Hanoi real estate market

Many incapable investors had to give up their projects as they could not survive the frozen market of the last few years. Now is the right time for financially powerful investors to take over these projects at reasonable prices.

How much is Tan Hiep Phat worth?

VietNamNet Bridge - The Vietnamese business community thinks the value of tea and energy-drink manufacturer Tan Hiep Phat has decreased to $500 million due to the infamous fly-in-the-bottle scandal.

Executive agencies urged to crack down on polluters

Vietnam has a good legal framework concerning environment pollution, but the environment remains polluted, and forests have been devastated and rivers poisoned with untreated waste water. 

Testing problems at laboratories hinder fight against unsafe food

VietNamNet Bridge - Two laboratories have offered different conclusions about the same vegetable samples, with one saying the vegetables were safe, while the other saying the toxicity level was 3.5 times higher than the permitted level.

The rarest wild orchid garden in Vietnam

VietNamNet Bridge - Vietnam has many precious orchid species, but many of them have become extinct because of poor conservation. 

Are the next 5-year economic goals attainable?

VietNamNet Bridge - The difficulties Vietnam has to face in the next five years will increase as ODA loans will be cut by 50 percent, while new loans will bear an interest rate of 3 percent.

Traditional retail channels still favored in Vietnam

VietNamNet Bridge - Though Vietnam is seeing the strong rise of the modern distribution channel, it is traditional retail which still plays an important role in the Vietnamese distribution system.

More foreigners are buying apartments in Vietnam

VietNamNet Bridge - Many foreigners have bought houses in Vietnam since the government removed strict regulations on foreign ownership. 

Thailand sells rice stockpile, Vietnam may lose buyers

VietNamNet Bridge - Soon after Thailand announced the plan to sell 11.4 million tons of rice in stockpile over a two-month period, Vietnam’s exporters predicted they would be hurt by the move

Are Vietnamese students no longer eager for higher education?

VietNamNet Bridge - Going to university is no longer ‘a must’ for many Vietnamese students, who would rather go to vocational schools and work at factories than attend university and remain unemployed.

HCMC asks gov't for investment incentives for makers of unburned bricks

VietNamNet Bridge - The HCM City People’s Committee has proposed to the Ministry of Finance (MOF) and Ministry of Industry & Trade (MOIT) to create a legal framework for the production and use of unburned bricks.

Raising discount rates, digital signature providers ‘die together’

VietNamNet Bridge - A saturated market and stiff competition have forced certificate authorities (CAs) to slash service fees and offer a sky-high discount rate of 75-80 percent.

Businesses get lost in ‘forest of sub-licenses’

VietNamNet Bridge - A survey by the Vietnam Chamber of Commerce and Industry (VCCI) has found that businesses operate under the regulation of 7,000 sub-licenses or 7,000 business conditions.

Will a new financial package stimulate real estate demand?

VietNamNet Bridge - New credit packages to help stimulate real estate demand will be launched as the national VND30 trillion package for low-income earners ends disbursement in June.

Thai retailers replace Vietnamese goods at supermarkets

VietNamNet Bridge - The volume of Vietnamese goods now available at supermarkets and shopping malls has dropped by two thirds as many have been replaced by Thai products.

Aircraft maintenance center: Russia chooses Thailand, not Vietnam

VietNamNet Bridge - Vietnam is capable of meeting the requirements to establish an aircraft maintenance center, but it has not put forward the idea. 

Dirt-cheap stocks yield 400 percent profit

VietNamNet Bridge - While leading large conglomerates have decided not to pay dividends or delay payments, small companies whose shares are dirt-cheap are paying high dividends to shareholders. 

The ‘Thai goods’ era’ has arrived

VietNamNet Bridge - Vietnamese manufacturers’ biggest rival is Thailand, experts say. The country exports a wide range of goods, from chicken to slippers, from cosmetics to electric cookers. 

Three barriers hinder TV digitalization program

VietNamNet Bridge - The DVB-T2 set top box (STB) has a 35 percent import tariff. The STB market is chaotic with counterfeit goods and the broadcasting wave quality remains poor.