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52 Vietnamese win Australia scholarship

Fifty-two Vietnamese people have won Australia Awards Scholarships and will soon leave the country to undertake postgraduate studies at the Australian university of their choice. 

HCM City bus ads too pricy: Advertisers

 Three out of four packages for advertising on HCM City buses have gone unsold, with prospective advertisers blaming it on the high rates.

VN's tourism in international integration

 Turning tourism into one of Vietnam’s spearhead economic sectors in addition to the digital economy and agriculture is seen as a viable strategy for national development.

BUSINESS IN BRIEF 4/12

 Thu Thiem’s land prices forecast to rise 30-35%, Polish group acquires Vietnamese pharma company, Vietnam Expo 2017 to open in HCM City, Uber, Grab to face tax inspection next year

Investment incentives for FIEs: money goes to pockets of the rich

VietNamNet Bridge - A total of VND35.3 trillion of corporate income tax has been exempted for foreign-invested enterprises (FIEs), according to the MInistry of Finance.


Fintech sees strong rise in Vietnam

Foreign conglomerates have poured hundreds of millions of dollars into Vietnamese fintech firms, as more bank-fintech cooperation agreements have been signed recently.

Will a carbon tax be imposed on coal-fired thermal power plants?

VietNamNet Bridge - Experts believe that if Vietnam imposes a carbon tax on coal-fired plants, ‘clean power’ will be able to compete with thermal power.

Vietnam moves up in scientific research ranking

VietNamnet Bridge - Vietnam is the 57th among 163 surveyed nations in the recent Nature Publishing ranking in scientific research. 

Teacher and pianist Thai Thi Lien

 People’s Teacher Thai Thi Lien has played the piano for nearly a century. Lien was one of the founders of the Vietnam Music School (now the Vietnam National Academy of Music) and has trained generations of students.

Vietnam’s efforts to preserve and promote national heritages

 A country with 54 ethnic groups, Vietnam boasts many unique tangible and intangible heritages. Together with the support of its citizens, the Vietnamese government has carried out numerous policies to preserve and promote the national treasures.

Hai Phong Museum, a renowned cultural address

 The Hai Phong Museum was the first local museum established in Vietnam. It was built in 1919 on 1 ha covered with large old trees in what is today Hai Phong City center.

APEC impact and Japanese wave post impressive investment figures

 Foreign direct investment (FDI) attraction in the first 11 months this year has exceeded forecasts by hitting US$33 billion, up over 82% compared to the same period last year.

Social News 3/12

 Awards of 9th Int’l Artistic Photo Contest in Vietnam presented, Vietnam, Italy agree to boost friendship, legislative ties, 99th Great Union Day of Romania marked in HCM City, HCM City cooperates with RoK to improve education quality

Cao Thon – a renowned musk incense making village

 Located 40km from the center of Hanoi, Cao Thon village in Bao Khe commune, Hung Yen province, is among the largest incense-making villages in Vietnam. 

Temple of Literature forced to close parking lot

 The Temple of Literature has suddenly announced the closure of its parking lot, surprising many visitors.

Elephant donated to Dak Lak conservation centre

 A tourism company in the central highlands has given an elephant to Dak Lak Province's Centre for Elephant Conservation.

Vietnamese English learning app gets Google’s support

 Monkey Junior, the English learning app which won first prize at the Vietnamese Talent Awards 2016, has just received Google start-up financial support funding of USD100,000.

Vietnam needs tighter regulations over seafood management

 Fishermen are increasingly entering foreign waters, while local firms are importing unprocessed seafood for export as local resources are diminishing.

Average electricity price rises to $0.076 per kWk

 The average electricity retail price will officially rise today to VNĐ1,720 (7.6 US cent) per kWh, increasing 6.08 per cent from the current tariff of VNĐ1,622 (7.1 cent) per kWh.

McDonald’s opens first restaurant in Hanoi

 The world’s leading food service retailer McDonald’s has officially opened its first restaurant at 2 Hang Bai Street, Hanoi, marking its first foray into the northern market three years after opening its first restaurant in Ho Chi Minh City.