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Flag-making village in Hanoi

Located 30km south of Hanoi centre, Tu Van village in Le Loi commune, Thuong Tin district, has been making national flags for more than 70 years.

BUSINESS NEWS IN BRIEF 16/12

Base.vn raises $1.3 million, Viet Nam’s GDP could grow more than 6.9% in 2019-20: NCIF, Struggling Vinalines to open container shipping centre next week, NCS opens food processing facility in Noi Bai Airport     

New spot to get a glimpse of universe

 The Observatory and Planetarium of the Vietnam National Space Centre in Hoa Lac Hi-Tech Park, Hanoi, will be put into operation.

Potential new contender to challenge e-commerce

In tackling violations by e-commerce firms related to low-quality goods and fake discounts, the opening of dedicated shopping websites is set to become an inevitable trend.

Poonah paper – a spiritual connection on the verge of oblivion

 VietNamNet Bridge – Poonah paper is used by Mong ethnic people on special occasions like death anniversaries, the New Year Festival and other ritual ceremonies.

Wild animal meat trading rampant in Gia Lai restaurants

 Many restaurants in the Central Highlands province of Gia Lai are serving wild animals, but local authorities say it's hard to deal with the problem.

Science shouldn’t be resticted to men

Tran Thi Minh Anh from the Tran Phu High School for Gifted Students in Hai Phong was among the three Vietnamese gold medalists at the 29th International Biology Olympiad held in Iran in July. 

Quang Hai named AFF Suzuki Cup 2018 MVP

 Midfielder Nguyen Quang Hai has been named the Most Valuable Player of the ASEAN Football Federation (AFF) Suzuki Cup 2018 for his significant contributions to the Vietnamese football squad’s victory at the tournament.  

Vietnam win AFF Suzuki Cup trophy

 Vietnam held the ASEAN Football Federation (AFF) Suzuki Cup trophy again after 10 years after beating Malaysia 1-0 in the second-leg final of the tournament that took place at My Dinh National Stadium, Hanoi, on December 15 night.  

Small fish swallow big companies in surprising M&A deals

VietNamNet Bridge - Small enterprises with modest financial capability have spent trillions or hundreds of trillion of dong to buy shares the state divests. 


Cherry blossom festival to return to Pa Khoang, Dien Bien

 The cherry blossom festival will return to Pa Khoang commune, Dien Bien district, the northwestern province of Dien Bien for the second time from January 11 – 13, 2019.

Photographer Nicolas Cornet: I wish viewers know more about Vietnamese culture

 As a person who has a natural association with Vietnam, French photographer Nicolas Cornet has introduced several works in his photo book on Vietnamese pagodas.

HCM City cracks down on unlicensed container yards

 Hundreds of private, unlicensed container and truck yards in HCM City’s districts 2 and 9 are causing traffic congestion and other problems in the area, according to authorities.

HCM City admits to sloppy urban planning

 Master planning has been a weakness for HCM City for a long time and it could persist, a top HCM City leader has said.                                                        

VN courts should be more prepared to handle foreign investor v. State investment disputes

 Viet Nam should not be too “scared or concerned” of legal disputes between the State and foreign investors, but the judicial system should be prepared to deal with such situations.


US remains Vietnam’s largest export market in Jan-Nov

 Vietnam recorded trade surplus of US$0.15 billion in November, expanding the trade surplus in 11 months to a record high of US$7.41 billion, compared to a trade surplus of US$2.11 billion in the entire 2017.

Rising business costs to upset foreign investment inflow to Vietnam

 The government has so far also planned to cut costs for businesses to make the country’s investment environment more attractive.

Hotels in HCMC kick off festive season with many attractive programs

 Many hotels in HCMC have kicked off the most exciting season of the year with a host of exciting programs.

VinSmart launches four smartphone models

VinSmart, a subsidiary of Vietnamese conglomerate Vingroup, on December 14 rolled out four Vsmart-branded smartphone models.

Trade ministry asked to report on uncontrolled solar power development

 Prime Minister Nguyen Xuan Phuc has asked the Ministry of Industry and Trade to report on the uncontrolled development of solar power projects, according to a notice from the Government Office.