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BUSINESS IN BRIEF 17/3

Xiaomi officially enters Vietnam, Vietnamese shares buoyed by Fed hike, HCM City: First startup firm in IC development established, Vietnam driven to protect domestic automobile industry

Danang continues to ban Grab and Uber

 Danang, the most popular tourist destination in Vietnam, is waiting for guidance from the Ministry of Transportation on its request to pilot plan to apply technology in contracted passenger transport businesses.

White sand dunes, a lighthouse and a solitary beach experience

 VietNamNet Bridge – Viet Nam’s famous crystal clear blue waters draw millions of tourists, so finding a quiet beach in the middle of a hot summer is a tall order.

Renowned Belgian singer and humanist to perform in Viet Nam

 VietNamNet Bridge – Internationally-acclaimed Belgian singer Axelle Red will perform in Viet Nam from March 18 to 20 as part of an Asian tour to promote her latest album.

Comedy teaches students about hygiene, nutritious meals

 VietNamNet Bridge – At the sight of the threatening orange and blue bacteria, the students screamed, “Get away! Get away!”

HCM City calls for residents to move out of incomplete apartment block

 HCM City’s authorities continue to ask dozens of households in a local apartment building to move out as investor has violated regulations.

Hanoi restaurant fined for operating out of a bus

 Hanoi's authorities have fined a mobile Bun cha restaurant operating out of a bus parked on Su Van Hanh Street.

Trade offcials to meet in Vietnam in May to discuss TPP

 Trade officials from the eleven remaining members of the TPP will hold discussions in the coming weeks and ministers will meet again in May in Vietnam to continue debate over the TPP.

Son Doong Cave through lens of Hollywood director

VietNamNet Bridge - Director of Hollywood blockbuster ‘Kong: Skull Island’ Jordan Vogt-Roberts posted a number of beautiful photos of Son Doong Cave on his Instagram.

VN Government mulls safeguards to protect domestic carmakers

Deputy PM  Trinh Dinh Dung has asked the Ministry of Industry and Trade and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.

Viettel nearly covers 4G nationwide

 As of Thursday, the military-run telecom group, Viettel has set up nearly 18,000 4G base transceiver stations (BTSs), bringing the technology to 704 districts in 63 provinces and cities.

South Korea interested in Long Thanh airport development

Vietnam’s Ministry of Transport and South Korea’s Ministry of Land, Infrastructure and Transport on Wednesday signed a Memorandum of Understanding to promote bilateral co-operation in the railway sector.

Man arrested for smuggling VNĐ2 billion to Laos

 A man was arrested in central Nghe An Province on Thursday while attempting to smuggle VNĐ2 billion (US$88,800) to Laos.

30,000 litres of illegal liquor seized in Hanoi

 Around 29,759 litres of home-brewed liquor have been seized in Hanoi in the first 12 days of a citywide campaign against illicit alcohol.

Tourism growth is not just about numbers

 VietNamNet Bridge – Associate Professor Pham Trung Luong speaks to Bnews.vn on how to turn the tourism industry into a spearhead economic sector.

Businesses try to ease losses with private properties

Vo Truong Thanh, former president of Truong Thanh Furniture Group (TTF), and Tram Be, former deputy chair of Sacombank, have committed to compensate for losses incurred by their enterprises as a way to be responsible for their mismanagement.

Children protected from sexual abuse

The recent increase of child sexual abuse cases has raised public concern, which requires authorities to enforce children’s rights and scrutinise the implementation of signed international conventions to ensure the protection of children’s rights.

Senior officials meet in Manila to prepare for ASEAN Summit

 The ASEAN Senior Officials Meeting (SOM) and the ASEAN Joint Consultative Meeting (JCM) took place in Manila, the Philippines from March 15-16 to discuss preparations for the 30th ASEAN Summit.

Singapore Prime Minister Lee Hsien Loong to visit Vietnam

 Singapore’s Prime Minister Lee Hsien Loong and his spouse will pay an official visit to Vietnam from March 21-24.