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Saigonee rock fans enjoy Tiger Translate

VietNamNet Bridge – Thousands of spectators enjoyed a big feast served by The Lost Souls Club rock band from Great Britain and Vietnamese top rockers in the Tiger Translate rock concert in HCM City on January 7.

Investor doubts send shares down

VietNamNet Bridge - Viet Nam's stock markets performed poorly in the year's first trading week with the benchmark indices retreating on both exchanges because of investor uncertainty over market trends.

Two more cold spells to hit northern region

VietNamNet Bridge - Two consecutive cold spells will hit the northern region this week with the temperatures dropping to between 5-8 degrees Celsius, warned the National Hydro-meteorological Forecast Center.

11th Party Congress to elect 200 members

The 11th Party Central Committee may have around 175 official members and 25 alternate members, said Nguyen The Ky, vice chief of the Party Central Committee’s Information and Education Department.

Experts call on raising the threshold for PIT taxation

 Experts believe that amending the Personal Income Tax (PIT) law is urgent because it has become “out of date”. While consumer goods’ prices have been increasing sharply, the threshold for taxation remains very low at 4 million dong.

HCM City has new football all-star club

Buying the right to attend the First Division Tournament from Hoa Phat V&V and changing the team name into Saigon Xuan Thanh, the new football club is emerging as a new power after purchasing several players of the national squad.

Thu Minh, Kasim win gold and silver prizes at ASEAN Golden Voice Festival

VietNamNet Bridge – Two Vietnamese singers won both the gold prize for folk music and silver prize for pop music at the 2nd ASEAN Television Golden Voice Festival, which closed in HCM City on January 8.

Powering up for 2011

VietNamNet Bridge - The industrial sector welcomed in the New Year by inaugurating a series of big energy projects.

Vietnam set 10 pct rise in 2011 export earnings

VietNamNet Bridge - Vietnam targets to reach total export turnover of about $78.8 billion in 2011, up over 10 percent from 2010, according to the Ministry of Industry and Trade.

Vietnam’s human rights have made progress: US ambassador

VietNamNet Bridge - Outgoing US Ambassador Michael W. Michalak who will end his tenure and leave Vietnam later this month after three years in the Southeast Asian country addressed a farewell press conference on January 6 in Hanoi.

HCM City tests popularity of organic food stores

VietNamNet Bridge - HCM City will set up a chain of shops selling organic food this year under a pilot food management project that is awaiting the Government's approval.

BUSINESS IN BRIEF 9/1

Ministry asks steel firms to cut costs; PVN halts $1b in bond sales overseas; PepsiCo launches $250m plant; Joint venture to build herbicide plant; Ministry calls for less public investment; Coffee exports down in 2010

Vietnam Rubber Group vexes local rubber manufacturers

 Despite Vietnam can product raw rubber, local rubber makers still have to import raw rubber from abroad to deal with domestic material shortfalls as the Vietnam Rubber Group’s “unprofessional operation”, the firms blamed. 

Cross-border exports to China – the double-edged sword?

In order to reduce the big trade gap, Vietnam needs to reduce the trade gap with China. But how can Vietnam do that if it still continues relying on cross-border exports?

Isle escape

VietNamNet Bridge - The pristine turquoise waters of Mai Nha Isle are the perfect escape for city dwellers.

Most HCMC FDI channeled into realty sector

VietNamNet Bridge - Ho Chi Minh City realty sector received most foreign direct investment (FDI) channeled in the city last year.

Aviation authorities turn down plan for new carrier

VietNamNet Bridge - The Civil Aviation Administration of Vietnam (CAAV) has asked the Transport Ministry not to approve a plan by Vietnam Airlines to establish an aviation joint stock company serving businesspeople.

National TV channels not ready for V-League 2011

AVG, the holder of the broadcasting rights of the top professional football league in Vietnam – the V-League – has not reached agreements with other broadcasters to share the event copyright.

Shia LaBeouf to play in movie about Vietnam War

After the success of “Wall Street 2: Money Never Sleeps”, Shia LaBeouf, the leading actor in the blockbuster “Transformers”, will cooperate with famous director Oliver Stone in a new movie about the My Lai massacre in Vietnam in 1968.

No more opportunities for small banks?

VietNamNet Bridge – The competition in the banking sector has become fiercer than ever, as banks have been rushing to increase their chartered capital. Does it mean that there will be no more room for small banks?