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Travel tours, craft villages paired to promote Vietnamese goods

 An official has said Hanoi’s tourism products should be associated with advertising high-quality goods, especially those which are the signature of craft villages.

KOAF 2018 features eight interdisciplinary performances

Krossing Over Arts Festival in its second edition features a series of interdisciplinary and collaborative performances along with a plethora of artist talks, dance workshops, and international film.

NIVL's Bisuco factory sealed due to environmental pollution

Binh Dinh’s authorities are sealing off the factory of loss-making Binh Dinh Sugar JSC, in which India-based NIVL JSC holds 97 per cent, for causing serious environmental pollution.

Korea and Vietnam sign MoU on comprehensive environmental cooperation

The commitment was confirmed by Vietnamese Minister of Natural Resources and Environment Tran Hong Ha at the Korea-Vietnam Environmental Cooperation Forum 2018 on April 16 at Hanoi’s Daewoo Hotel.

Large land bank may lure investors to Hanosimex?

Owning numerous large-scale land plots may attract investors to Hanosimex for its listing on the Unlisted Public Company Market (UpCOM).

Three SAEZs need $70 billion for development

 The development of three SAEZs (special administrative-economic zones) in Vietnam will require VND1.57 quadrillion ($70 billion) to be mobilised by 2030.

E-commerce requires logistics reboot

As e-commerce is witnessing a boom in Vietnam, the capacity of the logistics infrastructure to serve e-commerce is causing major concerns, forcing logistics firms and authorised agencies to change their mindset.

Sabeco relents to Thai Beverage pressure for board presence

 Three foreigners, all of whom were allegedly nominated by Thai Beverage, will join the Sabeco management board at the coming meeting.

Domestic firms launch ride-hailing applications to fill in Uber’s space

 After the merger between Uber and Grab, numerous domestic firms accelerate their plans to launch ride-hailing applications to fill the void left in Uber’s wake.

Lingering problems in valuation of state-owned enterprises

The failed IPO of VTVCab and the Mobifone-AVG scandal are valuable lessons for Vietnam on the valuation of state-owned enterprises (SOEs).

Authentic Indian far from home in Hanoi

 VietNamNet Bridge – There’s something incredibly British about Indian food. It is, after all, the United Kingdom’s traditional dish.

BUSINESS IN BRIEF 19/4

54 excellent estate businesses, projects honoured, Labour productivity enhancement – key to economic growth, URC sales plunged after notorious lead scandal, VSC-Posco turns to government in land use quagmire

Rhino horns should be removed from the drug list: scientists

VietNamNet Bridge - Vietnam and China are considered the two biggest rhino horn consumers in the world. 

Vietnam’s stock market: it’s the age of mid-cap stocks

VietNamNet Bridge - Vietnam stock indexes have gained new highs recently. However, the rise of large-cap stocks has stalled, while mid-caps are attracting cash flow again after a correction period.

Social News 19/4

Quang Ngai prevents illegal fishing in foreign waters, Solutions sought to drought, saline intrusion in Mekong Delta, Lam Dong attracts 1.6 million visitors in first quarter, Gifts presented to children with cleft lip, palate

Mekong Delta must develop in sustainable way, or risk serious damage: experts

Nguyen Huu Thien, an independent expert on Mekong Delta’s ecology, has praised the government’s Resolution on developing the Mekong Delta by 2050 in a sustainable way in the context of climate change. 

Two years later, FOLs an issue again

 As Vietnam attracts a new wave of overseas capital, the issue of foreign ownership limits makes a return to the spotlight in 2018, two years after a law paved the way for foreign investors to boost their stakes in listed companies.

Vietnam’s academic research relies heavily on foreign cooperation

VietNamNet Bridge - Vietnam’s level of academic research is not only modest in quantity but also in quality. 

Homes of former Da Nang leaders searched

 Competent forces on April 18 searched the houses of Tran Van Minh and Van Huu Chien, former leaders of the central city of Da Nang, who allegedly involved in the case of Phan Van Anh Vu.

Culture space in Hue connects art and community

 Then Cafe in the former royal capital city of Hue is among eight recipients of grants from the Danish Culture Development and Exchange Fund (CDEF) to carry out and develop their activities during 2018.