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Vietnam declines US$1.2 billion high-interest foreign loans

 The Ministry of Finance last year turned down eight foreign loan programs and projects worth a staggering US$1.2 billion given their high interest rates, heard a conference in Hanoi City on January 3.

Bank stocks turn attractive to foreigners

 In late 2017, share sales by HDBank and VPBank strongly drew attention from international organizations with the bidding volume much higher than that offered.

Website developers make up nearly three-fourths of IT workforce

 Website developers account for the largest proportion of Vietnam’s total information technology (IT) workforce, at 74.8%, according to a report of Vietnam’s recruitment website for IT jobs TopDev.

Trinh Xuan Thanh, accomplices questioned in court

 Trinh Xuan Thanh was questioned at court on January 9, the second day of the trial on the case of “deliberately violating State regulations on economic management, causing severe consequences” at the Thai Binh 2 thermal power project. 

Vietnam could make surprise at AFC U23 Championship: Chinese media

 Vietnam could bring some surprises at the finals of the Asian Football Confederation (AFC) U23 Championship, which will open in China on January 9, said an article on the Chinese sports website catjc.com.

Vietnam keen to deepen comprehensive partnership with US: top legislator

 Vietnam wishes to further deepen its comprehensive partnership with the US in a pragmatic and effective manner in order to contribute to the maintenance of peace, stability, cooperation and prosperity in the region and beyond.

HCM City to pick partner for smart city center in June

 HCMC will select a partner in June to develop a smart city management center, HCMC vice chairman Tran Vinh Tuyen told a seminar on the implementation of the smart city plan on January 2.

VND10 trillion flood control project near completion

 A flood control project capitalized at VND10 trillion in HCMC is now 65% complete after one year and a half of construction and is expected to be finished in April.

Lazada becomes online reseller of Apple products

 Alibaba-owned online retailer Lazada Vietnam has become an authorized distributor of all genuine Apple products in Vietnam since January 5.

Smart parking debuts in Da Nang

 The central city has set aside two downtown streets – Tran Phu and Bach Dang – for a pilot smart-parking project.

No smaller banknotes to be issued for Tet

 The State Bank of Viet Nam will not issue new banknotes with denominations lower than VNĐ5,000 (22 US cents) for Tet (Lunar New Year) to cut costs.

Vietnamese actress named among world’s most popular celebrities

IMDb, the world’s prestigious online database of the global film, TV industry and celebrities, has recently named Vietnamese actress Ngo Thanh Van among the 50 most popular celebrities in its weekly-updated STARmeter ranking.

Lawyers: Bitcoin not yet prohibited in Vietnam

 Bitcoin is not banned in Vietnam and should not be banned in the future, said lawyers at the 2018 Investment and Business Opportunities Conference in Thanh Hoa Province last Friday.

Deputy PM worries over possible lack of electricity in southern Vietnam

 Deputy Prime Minister Trinh Dinh Dung has voiced concern over the possible shortage of electricity in southern Vietnam given the rising demand, heard a conference of the Vietnam Electricity Group (EVN) on January 4.

HCM City pinpoints reasons for metro cost overruns

 Inexperience of domestic consulting firms is largely attributed to cost overruns at HCMC’s first two metro line projects, and the city government has recently made a report to the Government on details of such cost overruns.

VND1-trillion shrimp farming greenhouse to be launched this month

Viet Uc Seafood Corporation will launch a high-quality shrimp farming greenhouse complex worth around US$44 million later this month.

President requests serious handling of economic, corruption cases

 President Tran Dai Quang asked the Supreme People’s Court to seriously deal with major criminal cases, especially those regarding economic activities and corruption, during a teleconference held in Hanoi on January 9. 

Nguyen Nhat Anh’s newest novel hits shelves

 Children’s best selling author Nguyen Nhat Anh gave a book signing event in Ho Chi Minh City Book Street on January 7 to present his latest novel "Little banana tree wears green shoes".

Singer Kiwi Ngo Mai Trang wins first season of Celebrity MasterChef 2017

 Singer Kiwi Ngo Mai Trang been crowned the first episode of the Celebrity MasterChef 2017.

Designer Adrian Anh Tuan joins China’s Harbin Fashion Week

 Fashion designer Adrian Anh Tuan will travel to China for the Harbin Fashion Week that will take place on January 12.