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Thanh Hoa rejects giant cake offering proposal

 Thanh Hoa People's Committee has turned down a proposal from Sam Son City's authorities to make a giant cake as an offering for the nearing Hung Kings Festival.

Real estate sector expects record FDI in 2018

 FDI flows into real estate have been very high so far this year, and a new record is expected to be set this year.

Gap widens in deposit interest rates

 A gap has opened up between deposit interest rates offered by different categories of banks due to differences in their liquidity, cash demand and status.

Three SOEs to hold March IPOs

 Three State-owned enterprises (SOEs) will make initial public offerings (IPOs) in March, floating VNĐ2.5 trillion (US$110 million) worth of stakes in the market in the second wave of SOEs IPOs in 2018.

Vietnam on right path to protecting intellectual property: US report

Viet Nam has taken steps towards aligning its intellectual property (IP) framework more closely with its Southeast Asian peers, according to the sixth annual International IP Index.

EU gives 108m euros for Vietnam's energy

 The European Commission and the Ministry of Industry and Trade (MoIT) officially launched the European Union (EU) – Viet Nam Energy Facility worth 108 million euros on Tuesday in Hanoi.

Hanoi to develop non-cash payments

The Hanoi People’s Committee recently issued a plan to develop non-cash payments, urging all supermarkets and restaurants to put in place cashless payment devices or systems by 2020.

Technology investment needed to improve hydro-meteorology forecasting

Investing in technology is essential to increase the quality of hydro-meteorological anticipation to prevent natural disasters and mitigate their damages, heard a seminar in Hanoi on February 27.

Gov’t funds won’t rescue loss-making projects

 The Government will not use public funds to rescue 12 loss-making projects under the jurisdiction of the Ministry of Industry and Trade (MoIT), Deputy Prime Minister Vuong Dinh Hue said.

VINACAS: cashew import from Africa halts due to high prices

 Vietnamese importers have stopped buying raw cashew from Africa due to high prices, a representative of the Vietnam Cashew Association (VINACAS) said at a conference in HCM City on February 27.

ICT role in promoting economic, cultural, social rights discussed in Geneva

 The Vietnamese permanent mission to the UN, WTO and other international organisations in Geneva on February 27 held a seminar on the role of ICT in promoting economic, cultural and social rights, and reducing inequality.

Three students injured in ’galaxy balloon’ explosion Hanoi

 Three university students were admitted to the hospital yesterday with serious burns after the balloons they were selling exploded.

HCM City mulls increase in fees for parking automobiles on roadsides

  HCM City plans to increase the parking fees for automobiles that park on roadsides and sidewalks in District 1, 3, 5, 10 and 11 to VNĐ20,000-40,000 (US$0.9-1.8) per hour.

Da Nang to set “livable city” criteria

 A set of criteria to build a “livable city” was in the final stages at a consultation conference hosted by the Da Nang City Commission for Publicity and Education on Tuesday.

Dong Nai finds jobs for 2,000 workers left unpaid

 The Labour Federation of Dong Nai Province said they contacted local enterprises to find new jobs for nearly 2,000 labourers who hadn’t received salaries and year-end bonus as their foreign employers had fled the country.

Gov’t cracks down on Hoi An bars, restaurants

 Bars in Hoi An ancient city in the central province of Quang Nam must reduce the volume of music from 10pm and stop serving before midnight every day, Nguyen Van Son, deputy chairman of the city People’s Committee told tuoitre.vn online newspaper.

8,000 firms owe social insurance fees

More than 8,000 enterprises nationwide currently owe social insurance premiums totalling some VNĐ2 trillion (US$87 million). These debts are very difficult to retrieve, with some even impossible to get, according to Viet Nam Social Insurance (VSI).

Shares up on bank stocks, oil rises

 A huge purchase of banking shares in the final minutes of the February 27 session on the local stock exchanges drove shares up, after a brief fall at the beginning of the session.

Embassy stresses importance of Vietnamese President’s visit to India

 The Vietnamese Embassy in India held a press conference on February 27 on the upcoming State visit to India by President Tran Dai Quang, highlighting the trip’s importance to bilateral ties.

Thanh Hoa lose to Yangon United at AFC Cup

 Thanh Hoa lost to Yangon United of Myanmar 1-2 in the second match of Group G of the AFC Cup 2018 in Myanmar on February 27.