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BUSINESS IN BRIEF 15/4

VN a top rapid growth market; Vietnam’s forex reserves at nearly $17 billion: ADB; Ministry stops produce exports; Export firms to get credit insurance aid; Supply chain growth to up competitiveness  

EVENTS SCHEDULED ON APRIL 15-30 (daily updated)

Exhibition “Oxen – Human Beings”; Special Opera “The Child and the Spells”; Performance of “Descendance”; Special Cabaret Night; Concert Beethoven 5th; Screening of “Les femmes de L’Ombre”

Travel companies offer discount packages to lure tourists

Many travel agencies in Ho Chi Minh City are offering various promotional schemes on domestic and international tours to lure customers, whose numbers have dropped sharply after a substantial  increase in airfares and other service charges.

Vietnam's digital content holds increasing potential

There was a great potential for Viet Nam to develop its digital content industry and generate a large revenue in the field of information and communications technology, said Le Doan Hop, president of the Digital Communications Society.

Banks sell property to recoup debts

Real estate sales by banks in a bid to recover bad debts were flooding property brokerage centres, with prices much lower than general price levels on the market, online newspaper vnexpress.net reported.

Twelve royal costumes displayed in Hue

VietNamNet Bridge – Collector Nguyen Huu Hoang has opened an exhibition to present 12 out of 30 rare royal costumes of the Nguyen Dynasty in his collection, at the Ta Vu house in the Hue royal citadel.

Thanh Hoa’s man illegally breeds 14 tigers

VietNamNet Bridge – Mr. Nguyen Mau Oai, 85, in Tho Xuan district, Thanh Hoa province, has illegally raised a dozen of tigers since 2006 but the local authorities have not taken any action.

High schools fail to give job career guidance

A lot of high schools in Vinh Phuc province have refused to receive the applications for attending university entrance exams from the student with weak learning ability. However, the schools’ move has been criticized as violating the laws.

Low cost tablet market gets hot, chaotic

VietNamNet Bridge – Low cost tablet products, valued at less than 2 million dong, have created a “market fever” after they massively hit the market. However, the quality of the cheap products remains an unknown.

Roads around Ho Chi Minh Mausoleum to become streets for pedestrians

VietNamNet Bridge – Some roads around the Ho Chi Minh Mausoleum and the road in front of the Ba Dinh Square will become streets for pedestrians before late President Ho Chi Minh’s birthday this year (May 19).

Beat-boxer refuses to sign contract, quits Got Talent

VietNamNet Bridge – Beatboxer Nguyen Cuong did not participate in the sixth semi-final show of the Vietnam’s Got Talent 2012 on April 8, because he did not accept some clauses in the contract with the show producer.

Lawmakers recognise revolutionary efforts

Top lawmakers have agreed to issue a resolution on the implementation of policies on people who have contributed to the revolution.

Tourists ride elephants to visit Hue royal citadel

VietNamNet Bridge – Two elephants have been used to serve visitors to the Hue royal citadel at Hue Festival 2012, besides tramcars.

Russia to modernize its space industry: Putin

Russia will give priority to modernizing its space industry to protect its independence in space exploration, Prime Minister Vladimir Putin said on Thursday.

Coconut shell-made musical instruments make Vietnam records

VietNamNet Bridge – A set of musical instruments made from coconut shell by two artisans was recognized as a national record at the Coconut Festival, which closed on April 11 in Ben Tre province.

Ceiling interest rate reduction to 12 percent causes shock

The decision to lower the interest rate to 12 percent in early April still surprised observers.

Securities companies now put under the probe

The State Securities Commission (SSC) has kicked off a campaign of “health general examination and inspection” over securities companies. The companies to be dislodged from the market would show their faces in some more days.

At least 70,000 newly-born babies HIV positive in Nigeria: official

The Nigerian government on Thursday said about 70,000 newly born babies in the West African country are HIV positive.

Trang An tourism to be introduced on CNN

The Ministry of Culture, Sports and Tourism will consider promoting the Trang An eco-tourism complex in the northern province of Ninh Binh on the well-known global TV network CNN in the coming time.

Great supporter of Vietnam passes away

Raymond Aubrac, one of the leading figures of the French resistance during the Second World War and a long-time friend of Vietnam, passed away in Paris on April 10 aged 97.