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Da Nang: Man gets 18 months in prison for SMS threats

 The Da Nang City People’s Court on Friday sentenced a man to 18 months behind bars for sending death threats to two high-level city officials.

Rental cars hard to find for Tet

 The rental market for cars has become boisterous in Việt Nam with the approach of the Lunar New Year (Tết) holiday.

Government committed to slash business costs

 This year, the Vietnamese Government intends to further slash business costs and regulations as well as fostering co-operation between domestic enterprises and their foreign direct investment (FDI) counterparts.

Genco 3’s IPO ends with only 3 percent of shares sold

 Only 3 percent of a total of 267 million shares offered in the initial public offering (IPO) of Power Generation Corporation 3 (Genco 3) on February 9 were sold successfully, a poor result given the high market expectations before the sale.

Curbing 2018’s inflation needs prudent price control

 The success in keeping inflation under 4 percent and achieving positive economic growth in 2017 created momentum for adjusting the State’s policies such as interest rate reduction in 2018, helping ease difficulties for businesses.

4.1 magnitude earthquake hits Dien Bien province

 An earthquake measuring 4.1 on the Richter scale struck Dien Bien Dong district, the northern mountainous province of Dien Bien, late February 9.

Life sentence given to swindling ex-Vietinbank official

 The Ho Chi Minh City People’s Court on February 10 sentenced Huynh Thi Huyen Nhu, former deputy chief of the Risk Management Department of the Ho Chi Minh City branch of VietinBank, for “swindling to appropriate assets” to life imprisonment.

Bargain hunters rescue Vietnam’s stocks

 Vietnamese shares recouped part of the week’s losses on February 9 as the current massive sell-off across the stock market triggered investors to scoop up stocks at bargain prices.

SSI issues $50 million bond to a foreign investor

 Saigon Securities Inc (SSI) issued convertible bonds worth a total 1.15 trillion VND (50.4 million USD), the company said on February 9.

High-speed boat service opens on HCM City-Can Gio-Vung Tau route

 High-speed boats on the Ho Chi Minh City-Can Gio-Vung Tau route were put into operation on February 10.

IT sector needs more tech exchanges

 Creating a market to connect demand and supply of technological products will help develop the technology industry, according to experts.

How are Vietnamese businesses performing in Laos, Cambodia, Myanmar?

VietNamNet Bridge - Vietnamese conglomerates have been expanding business by stepping up investments in neighboring markets. However, the path has not been a bed of roses.

Spring flower festival gets underway in Hanoi

A variety of colourful flowers are on display at the 2018 Spring flower festival being held at the Trade Promotion Centre for Agriculture on Hoang Quoc Viet Street.

Cao Phong district preserves Muong Thang culture

 Cao Phong district is the cradle of the Muong Thang, one of four Muong branches in Hoa Binh province. Hoa Binh authorities have worked with local people to preserve the traditional culture of the Muong Thang.

Ho Tay Water Park - best place to enjoy Tet in Hanoi

The West Lake Water Park, themed ‘Tet of the Oriental’ provides a cosy atmosphere to visitors who will have the feeling of being in another Asian country together with all family members during this Lunar New Year festival.

More IT specialists, workers needed in 2018

IT workers are in very high demand as technology firms are planning to expand staff this year. The average pay in the industry is 3-4 times higher than many other fields.

Property market attractive to both eastern, western investors

 While Asian investors are dominating real estate investment and mergers and acquisitions (M&As) in Vietnam, many European and American firms have chosen to invest in listed property companies, according to a specialist of Savills Vietnam.

Telcos prepare plans to prevent network congestion at Tet

 Local mobile carriers have unveiled plans to cope with possible network glitches during the upcoming Lunar New Year holiday, or Tet, which falls next Friday.

Pham Phao villagers make brass instruments

Pham Phao, an agricultural village in Nam Dinh province, is famous for making brass instruments. Almost every household in the village has at least one person who knows music theory and can play several brass instruments.

HCM City prepares for Tet

HCM City will host cultural and amusement events at many places in the downtown area during the Tet (the Lunar New Year) holiday, which begin on February 15.