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HCM City seeks visa waiver extension to boost tourism

 The HCM City People’s Committee wants the Government to extend the visa waiver period for tourists from key foreign markets to increase the country’s tourism competitiveness and attract more visitors.

BOT investors asked to let cars pass free

 The Ministry of Transport has sent an official notice, requesting investors of BOT across the country to ensure traffic order and avoid congested roads during Tết (Lunar New Year).

Hanoi's peach blossoms in full bloom for Tet

 This special time of year has finally come again.

PM orders probe into professor appointments

Minister of Education and Training cum Phung Xuan Nha has been told to fully review the list of professors and associate professors that were appointed early this month.

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.

Government News 11/10

Vietnamese embassies celebrate Lunar New Year, HCM City, Cambodian officials deliver New Year greetings to Long An, PM asks for breakthrough measures to boost Dak Nong’s growth, Vietnamese Ambassador to Nigeria presents credentials

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.

HCM City industrial park hosts Tet flower fair

 VietNamNet Bridge – More than 200 booths are showcasing a wide variety of flowers and speciality foods at the Hiep Phuoc Industrial Park Spring Flower Fair in HCM City that opened on Wednesday.

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.

Hanoi to end use of deadly stoves

Hanoi plans to stop the use of beehive-shaped coal bricks by 2020 as part of measures to improve air quality and living conditions, according to the municipal Department of Natural Resources and Environment.